NOT LISTED FOR SALE

1340 Volney Dr Los Angeles, CA 90063

Estimated Value: $764,000 - $906,035

5 Beds
2 Baths
1,478 Sq Ft
$563/Sq Ft Est. Value

Last Sold July 01, 2019

Last sale price $547,000 $370 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,222/month

26 Days on Market

Highlights

  • City Lights View
  • Granite Countertops
  • No HOA
  • Abraham Lincoln High School Rated A
  • Private Yard
  • Rear Porch

About This Home

As of July 2019

Must See! Come take a look at this updated duplex in the city of Los Angeles with views of the City Lights and close to Cal State Los Angeles. There are two homes on this lot, the first home features 2 bedrooms and 1 bath and second home features 3 bedroom, 1 bath. Both units feature fresh interior paint and new laminate wood flooring throughout. Back home has been updated with new carpet, recessed lighting, and updated kitchen with granite counters and newer cabinets and doors. This home is definitely a must see and will not last on the market. Great income generating property by living in one home and renting out the other. Get it before it’s too late!!!

Last Agent to Sell the Property

Juan Aguirre

Realty Masters & Associates License #01886773 Listed on: 03/29/2019

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,254

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 5,993 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Chain Link Fence
  • Private Yard

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,478 Sq Ft Home
  • Living Room
  • Laminate Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops
  • Formica Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Formica Counters In Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Up Slope from Street
  • Driveway

Outdoor Features

  • Patio
  • Rear Porch

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 119
  • Tax Tract Number 8907
  • Assessor Parcel Number 5225013012

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,254

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCR1*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5225013012
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1478.00 Square Feet
  • Interior Amenities: Formica Counters, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 370.09
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub, Formica Counters
  • Room Kitchen Features: Formica Counters, Granite Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Patio And Porch Features: Rear Porch
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Up Slope from Street, Yard
  • Lot Size Sq Ft: 5993.00
  • Lot Size Acres: 0.1376

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5993.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5306.02
  • Tax Lot: 119
  • Tax Tract Number: 8907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
May 31, 2019
Sold by
Mendoza Jorge and Mendoza Maria
Bought by
Steinback Curtis
Seller's Agent
Juan Aguirre
Realty Masters & Associates
List Price
$599,000
Sold Price
$547,000
Premium/Discount to List
-$52,000
-8.68%
Current Estimated Value
$832,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,259
Avg. Annual Appreciation
6.75%
Original Mortgage
$410,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 1994
Sold by
Mendoza Jorge and Mendoza Maria
Bought by
Mendoza Jorge and Mendoza Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,700
Interest Rate
9.9%
Source: Public Records

Range of Values:

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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
Steinback Curtis $547,000 First American Title
Mendoza Jorge -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steinback Curtis $454,000
Closed Steinback Curtis $455,000
Closed Steinback Curtis $410,250
Previous Owner Mendoza Jorge $250,000
Previous Owner Mendoza Jorge $70,500
Previous Owner Mendoza Jorge $67,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2019 07/01/19 Sold $547,000 -3.2% $370 / Sq Ft
04/24/2019 04/24/19 Pending -- -- --
04/15/2019 04/15/19 Price Changed $565,000 -5.7% $382 / Sq Ft
03/29/2019 03/29/19 For Sale $599,000 -- $405 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $8,254 $598,220 $388,242 $209,978
2024 $8,254 $586,491 $380,630 $205,861
2023 $7,947 $574,992 $373,167 $201,825
2022 $7,583 $563,718 $365,850 $197,868
2021 $7,498 $552,666 $358,677 $193,989
2020 $7,554 $547,000 $355,000 $192,000
2019 $2,555 $135,141 $76,198 $58,943
2018 $2,455 $132,492 $74,704 $57,788
2016 $2,350 $127,349 $71,804 $55,545
2015 $2,319 $125,437 $70,726 $54,711
2014 $2,325 $122,981 $69,341 $53,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG19070673

California Regional Multiple Listing Service (CRMLS)

APN: 5225-013-012