NOT LISTED FOR SALE

Estimated Value: $657,000 - $808,000

5 Beds
2 Baths
2,000 Sq Ft
$359/Sq Ft Est. Value

Last Sold June 10, 2015

Last sale price $344,900 $172 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $4,216/month

172 Days on Market

Highlights

  • No Units Above
  • No HOA
  • 2 Car Garage

About This Home

As of June 2015

Completely remodeled 2 units with one 4 bedroom/1 bath and another 1 bedroom/1 bath. Units have new hardwood floors, new paint, new windows, new kitchen & bathroom cabinets with granite counters and new tiled floors. New water heaters, new plumbing, and all new electrical also installed.
New paneled doors, new outlets, door hardware, and new 2 car garage door. Property is close to Downtown L.A. and all freeways. Front unit is 2 stories and very large. $1,500 interior paint allowance for front unit!

Last Agent to Sell the Property

Ed Weekes

Platinum Realty & Invest, Grp License #01230084 Listed on: 04/21/2015

Platinum Realty & Invest, Grp

Last Buyer's Agent

Jose Rodriguez

Bailey Homes & Investments License #01747319

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 5,000 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Shared Driveway

Home Design

  • Property Attached

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5116002034

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Trash Expense $600
  • Water Sewer Expense $900
  • New Taxes Expense $4,623
  • Gross Income $28,800
  • Net Operating Income $28,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

5,000 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 5116002034
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: Two
  • Price Per Square Foot: 172.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Shared Driveway, Garage - Two Door
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 500.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 28600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4623.00
  • Tax Lot: 1
  • Tax Tract Number: 1
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Morroquin Dealvarez Maria and Morroquin Carmen Alvarez
Bought by
Alvarez Carmen
Current Estimated Value
$718,574

Purchase Details

Closed on
Apr 7, 2015
Sold by
Alvarez Abelina
Bought by
Alvarez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 2015
Sold by
Rodriguez James
Bought by
Dealvarez Maria Marroquin and Alvarez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,751
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2012
Sold by
V Mar Inc
Bought by
Rodriguez James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,395
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 19, 2012
Closed on
Jan 6, 2012
Sold by
Briceno Andres
Bought by
Briceno Megan Edner
Seller's Agent
Megan Edner
Edner & Associates Real Estate Services
Buyer's Agent
Miguel Gonzalez
Century 21 Allstars
List Price
$139,900
Sold Price
$162,000
Premium/Discount to List
$22,100
15.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.16%

Purchase Details

Closed on
Oct 22, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Briceno Megan Edner

Purchase Details

Closed on
Aug 10, 2011
Sold by
Martinez Jose Ramiro
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 14, 2002
Sold by
Martinez Jose Ramiro
Bought by
Carmel Equity & Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2002
Sold by
Chan Joseph
Bought by
Martinez Jose Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alvarez Carmen -- None Listed On Document
Alvarez Pedro -- Wfg Title Company
Dealvarez Maria Marroquin $345,000 Wfg Title Company
Rodriguez James $300,000 Investors Title Company
Briceno Megan Edner -- Premium Title Of Ca Inc
Briceno Megan Edner $90,000 Premium Title Of California
Deutsche Bank National Trust Company $170,000 Accommodation
Carmel Equity & Investments Inc -- --
Martinez Jose Ramiro $240,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dealvarez Maria Marroquin $338,751
Previous Owner Rodriguez James $292,395
Previous Owner Martinez Jose Ramiro $192,000
Closed Martinez Jose Ramiro $48,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/10/2015 06/10/15 Sold $344,900 -6.8% $172 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $369,900 +128.3% $185 / Sq Ft
02/23/2012 02/23/12 Sold $162,000 +15.8% $85 / Sq Ft View Prior Sale
01/31/2012 01/31/12 Pending -- -- --
01/19/2012 01/19/12 For Sale $139,900 +58.6% $73 / Sq Ft
01/12/2012 01/12/12 Sold $88,200 +5.0% $46 / Sq Ft View Prior Sale
10/14/2011 10/14/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $84,000 -- $44 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,232 $414,630 $216,328 $198,302
2024 $5,232 $406,501 $212,087 $194,414
2023 $5,135 $398,531 $207,929 $190,602
2022 $4,902 $390,717 $203,852 $186,865
2021 $4,836 $383,056 $199,855 $183,201
2020 $4,880 $379,129 $197,806 $181,323
2019 $4,695 $371,696 $193,928 $177,768
2018 $4,592 $364,409 $190,126 $174,283
2016 $4,375 $350,261 $182,745 $167,516
2015 $3,865 $307,381 $163,937 $143,444
2014 -- $301,361 $160,726 $140,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14252968

California Regional Multiple Listing Service (CRMLS)

APN: 5116-002-034

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