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Seller's Agent in 2022
mike nourai
Zutila, Inc
1337 Sutherland St Los Angeles, CA 90026
Echo Park NeighborhoodEstimated Value: $1,147,000 - $1,553,127
5
Beds
3
Baths
1,900
Sq Ft
$690/Sq Ft
Est. Value
Highlights
- Fireplace in Bathroom
- No HOA
- Ceramic Countertops
- Traditional Architecture
- Neighborhood Views
- Laundry Room
About This Home
As of April 2022*** GREAT INVESTMENT OPPORTUNITY IN THE HEART OF ECHO PARK / SILVER LAKE VICINITY ***
2 UNITS *** 2BD,1BA & 3BD, 2BA ***
The property sits on a huge lot size. This property offers tons of potential to expand and add value to this gorgeous duplex. The property is minutes to Dodgers stadium, Elysian Park and Down Town Los Angeles. Easy Freeway access to Hwy 101,2,5 and 110 . This Residential income is conveniently located minutes away from Shopping, services and Schools.
Please submit all offers with pre-Approval letter and proof of funds. Property will be delivered " AS IS " condition & tenants occupied, no repairs and no termite work / clearance. Buyers to verify all MLS information including permits and uses and rely on their findings.
Last Agent to Sell the Property
mike nourai
Zutila, Inc License #01030586 Listed on: 11/13/2021
Last Buyer's Agent
mike nourai
Zutila, Inc License #01030586 Listed on: 11/13/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,030
Year Built
- Built in 1940
Lot Details
- 7,193 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Front Yard
Home Design
- Traditional Architecture
- Split Level Home
- Property Attached
- Fire Rated Drywall
Interior Spaces
- 1,900 Sq Ft Home
- 2-Story Property
- Entryway
- Neighborhood Views
Kitchen
- Ceramic Countertops
- Fireplace in Kitchen
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
- Fireplace in Bathroom
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Central Heating and Cooling System
- Standard Electricity
- Water Heater
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 4 / 8
- Assessor Parcel Number 5406001037
- $216 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,300
- Operating Expense $1,300
- Gross Income $43,100
- Net Operating Income $43,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 13, 2021
Closed on
Mar 7, 2022
Sold by
Chamsi Rolla
Bought by
Zahedi Marco
Seller's Agent
mike nourai
Zutila, Inc
Buyer's Agent
mike nourai
Zutila, Inc
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,782
Avg. Annual Appreciation
4.01%
Original Mortgage
$768,750
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 18, 2005
Sold by
Chamsi Sal D and Chamsi Rolla
Bought by
Chamsi Rolla
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2002
Sold by
Uribe Yadira and Castaneda Jorge
Bought by
Chamsi Rolla
Purchase Details
Closed on
May 13, 1999
Sold by
Uribe Carlos
Bought by
Uribe Yadira
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,703
Interest Rate
6.84%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 26, 1999
Sold by
Donner Cy and Donner Rose
Bought by
Uribe Yadira
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,703
Interest Rate
6.84%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 3, 1998
Sold by
Kgs Development Inc
Bought by
Schmickel Ii Ray
Purchase Details
Closed on
Apr 28, 1997
Sold by
Home Svgs Of America Fsb
Bought by
Smith Kimberly G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.15%
Mortgage Type
Unknown
Purchase Details
Closed on
Sep 17, 1996
Sold by
Ruiz Joseph and Home Svgs Of America Fsb
Bought by
Home Svgs Of America Fsb
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zahedi Marco | $1,025,000 | Western Resources Title | |
| Chamsi Rolla | -- | First American Title Company | |
| Chamsi Rolla | -- | -- | |
| Uribe Yadira | -- | Investors Title Company | |
| Uribe Yadira | $50,000 | Investors Title Company | |
| Uribe Yadira | $42,000 | Investors Title Company | |
| Uribe Yadira | $19,500 | Investors Title Company | |
| Uribe Yadira | $40,000 | Investors Title Company | |
| Uribe Yadira | $50,000 | Investors Title Company | |
| Schmickel Ii Ray | $183,233 | First American Title Ins Co | |
| Smith Kimberly G | $96,000 | Investors Title Company | |
| Home Svgs Of America Fsb | $80,750 | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Zahedi Marco | $768,750 | |
| Previous Owner | Chamsi Rolla | $400,000 | |
| Previous Owner | Uribe Yadira | $193,703 | |
| Previous Owner | Uribe Yadira | $193,703 | |
| Previous Owner | Kgs Development Inc | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/27/2022 04/27/22 | Sold | $1,100,000 | -4.3% | $579 / Sq Ft |
| 03/01/2022 03/01/22 | Pending | -- | -- | -- |
| 02/01/2022 02/01/22 | Price Changed | $1,150,000 | -8.0% | $605 / Sq Ft |
| 12/11/2021 12/11/21 | Price Changed | $1,250,000 | -7.4% | $658 / Sq Ft |
| 11/21/2021 11/21/21 | Price Changed | $1,350,000 | +17.4% | $711 / Sq Ft |
| 11/13/2021 11/13/21 | For Sale | $1,150,000 | -- | $605 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,030 | $1,087,737 | $848,966 | $238,771 |
| 2024 | $13,030 | $1,066,410 | $832,320 | $234,090 |
| 2023 | $12,776 | $1,045,500 | $816,000 | $229,500 |
| 2022 | $3,994 | $322,948 | $250,568 | $72,380 |
| 2021 | $3,940 | $316,616 | $245,655 | $70,961 |
| 2019 | $3,824 | $307,227 | $238,370 | $68,857 |
| 2018 | $3,781 | $301,204 | $233,697 | $67,507 |
| 2016 | $3,603 | $289,510 | $224,623 | $64,887 |
| 2015 | $3,552 | $285,162 | $221,249 | $63,913 |
| 2014 | $3,577 | $279,578 | $216,916 | $62,662 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21247970
APN: 5406-001-037
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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