NOT LISTED FOR SALE

1340 W 85th St Unit A Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $1,029,000 - $1,411,000

10 Beds
4 Baths
3,921 Sq Ft
$319/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $462,000 $118 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $7,555/month

118 Days on Market

About This Home

As of October 2013

Property is currently in REAP. Rents are NOT collectable at this time. Deferred maintenance..Offer must be reviewed and approved by: Fannie Mae THIS PROPERTY HAS NOW BEEN APPROVED BY THE BANK TO SHORT SALE AT $440,000... Cash Buyers or will consider Hard Money.... Fast Closing

Last Agent to Sell the Property

Barbara White

Express Financial Services License #01213855 Listed on: 05/30/2013

Last Buyer's Agent

Barbara White

Express Financial Services License #01213855 Listed on: 05/30/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,411

Year Built

  • Built in 1965

Lot Details

  • 5,898

Home Design

  • 3,921 Sq Ft Home

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Additional Features

  • Disposal
  • 5,898 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6033-001-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,411

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3921
  • Year Built: 1965
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 10
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Garbage Disposal
  • Price Per S Q F T: 117.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 80000
  • Assessed Land Value: 320000
  • Assessor Parcel Number: 6033-001-004
  • Geocode Override: No
  • Lot Size Area: 5898

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 7.50
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 12900
  • Type Of Units: apts
  • Vacancy Rate: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2020
Sold by
Carranza Marco
Bought by
Carranza Marco and Carranza Sarah
Current Estimated Value
$1,249,333

Purchase Details

Closed on
Nov 4, 2016
Sold by
Ma Houston
Bought by
Carranza Marco and Carranza Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,145
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 30, 2013
Closed on
Oct 9, 2013
Sold by
Oduntan Olubunmi A
Bought by
Ma Houston
Seller's Agent
Barbara White
Express Financial Services
Buyer's Agent
Barbara White
Express Financial Services
List Price
$200,000
Sold Price
$462,000
Premium/Discount to List
$262,000
131%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Closed on
Dec 6, 2007
Sold by
Oduntan Olubunmi
Bought by
Oduntan Olubunmi A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2005
Sold by
Oduntan Folake Bosede
Bought by
Oduntan Olubunmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2005
Sold by
Walker Norman L
Bought by
Oduntan Olubunmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2003
Sold by
Walker Angela M
Bought by
Walker Norman L and Walker Angela M

Purchase Details

Closed on
Mar 2, 1998
Sold by
Hoyt Henry J
Bought by
Manson Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,352
Interest Rate
6.99%
Mortgage Type
FHA
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
Carranza Marco -- None Available
Carranza Marco $795,000 Fidelity National Title
Ma Houston $462,000 Western Resources Title Co
Oduntan Olubunmi A -- Fidelity National Title Co
Oduntan Olubunmi -- Lawyers Title Company
Oduntan Olubunmi $300,000 Lawyers Title Company
Walker Norman L -- --
Manson Angela M $182,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carranza Marco $706,145
Previous Owner Oduntan Olubunmi A $675,000
Previous Owner Oduntan Olubunmi $540,000
Previous Owner Manson Angela M $177,352
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2013 10/16/13 Sold $462,000 +131.0% $118 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $200,000 -- $51 / Sq Ft
Source: The MLS

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 $11,411 $922,659 $696,348 $226,311
2024 $11,411 $904,569 $682,695 $221,874
2023 $11,200 $886,833 $669,309 $217,524
2022 $10,693 $869,445 $656,186 $213,259
2021 $10,544 $852,398 $643,320 $209,078
2020 $10,647 $843,659 $636,724 $206,935
2019 $10,235 $827,118 $624,240 $202,878
2018 $10,139 $810,900 $612,000 $198,900
2016 $6,083 $478,416 $383,147 $95,269
2015 $5,999 $471,230 $377,392 $93,838
2014 $6,044 $462,000 $370,000 $92,000
Source: Public Records

Agents Affiliated with this Home

  • Barbara White

    Seller's Agent in 2013

    Barbara White

    Express Financial Services

    (310) 261-8163

    1 Total Sale

    Barbara White
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Map

Source: The MLS

MLS Number: 13-676639

The MLS

APN: 6033-001-004

California Los Angeles County Los Angeles 90044 Vermont Knolls

1340 W 85th St Unit A, Los Angeles, CA

This home is located at 1340 W 85th St Unit A, Los Angeles, CA 90044 since 30 May 2013 and is currently estimated at $1,249,333, approximately $318 per square foot. This property was built in 1965. 1340 W 85th St Unit A is a home located in Los Angeles County with nearby schools including La Salle Avenue Elementary School, Horace Mann Ucla Community, and George Washington Preparatory High School.

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