NOT LISTED FOR SALE

Estimated Value: $998,000 - $1,097,000

8 Beds
4 Baths
1,650 Sq Ft
$634/Sq Ft Est. Value

Last Sold December 21, 2017

Last sale price $615,000 $373 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,423/month

37 Days on Market

About This Home

As of December 2017

These four units investment property is in the heart of the city of Los Angeles, it is a great investment opportunity. Bring all your qualified buyers.this will not last long. It is priced for a quick sale.

Last Agent to Sell the Property

John Ogbunamiri

John Ogbunamiri License #01010221 Listed on: 11/08/2017

Last Buyer's Agent

John Ogbunamiri

John Ogbunamiri License #01010221 Listed on: 11/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,423

Year Built

  • Built in 1965

Lot Details

  • 6,502 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 1,650 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Assigned Parking

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6056-013-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,423

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1650
  • Stories: 2
  • Year Built: 1965
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Common Walls: None
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 409.09

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 94536
  • Assessed Land Value: 333663
  • Assessor Parcel Number: 6056-013-029
  • Geocode Override: No
  • Lot Size Area: 6502

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 13.88
  • Number Of Units: 4
  • Total Annual Expense: 26880
  • Type Of Units: Residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2020
Sold by
Odde Srinivas
Bought by
Odde Srinivas and Odde Satyavathi
Current Estimated Value
$1,046,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 8, 2017
Closed on
Dec 19, 2017
Sold by
Odde Srinivas
Bought by
Odde Srinivas and Odde Satyavathi
Seller's Agent
John Ogbunamiri
John Ogbunamiri
Buyer's Agent
John Ogbunamiri
John Ogbunamiri
List Price
$675,000
Sold Price
$615,000
Premium/Discount to List
-$60,000
-8.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jun 2, 2010
Sold by
Borges Lucianne and Ever & Ever Properties Llc
Bought by
Anum Damian C and Anum Ugoeze O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2010
Sold by
Abe Samuel O
Bought by
Ever & Ever Properties Llc

Purchase Details

Closed on
Aug 27, 2009
Sold by
Abe Samuel O
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 24, 2006
Sold by
Ta Sandy
Bought by
Abe Samuel O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 2005
Sold by
Nguyen Tuan Duc
Bought by
Ta Sandy

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%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 23, 2004
Sold by
Dang Tam Minh
Bought by
Nguyen Tuan Duc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 2004
Sold by
Do Lien
Bought by
Nguyen Tuan Duc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2003
Sold by
Hud
Bought by
Do Lien

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,250
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 2003
Sold by
Fifth Third Investment Co
Bought by
Hud

Purchase Details

Closed on
Sep 6, 2001
Sold by
Lomeli Rufina and Guzman Arturo
Bought by
Old Kent Mtg Company

Purchase Details

Closed on
May 13, 1998
Sold by
Lomeli Rufina and Guzman Arturo
Bought by
Bailey Hal and Gomez Bob

Purchase Details

Closed on
Nov 19, 1997
Sold by
Hernandez Rufina and Lomeli Rufina
Bought by
Hernandez Carlos and Hernandez Rufina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.23%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Orellana Ruben
Bought by
Lomeli Rufina and Guzman Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,189
Interest Rate
7.42%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 1996
Sold by
Donald Downs Dds A Professional Corp
Bought by
Orellana Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,698
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 22, 1996
Sold by
Dds Bowman Yolanda D and Dds Donald Downs
Bought by
Donald Downs Dds

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,698
Interest Rate
8.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1994
Sold by
Bowman Reginald Keith
Bought by
Bowman Yolanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
8.37%

Purchase Details

Closed on
Aug 23, 1994
Sold by
Great Western Bank Fsb
Bought by
Bowman Yolanda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
8.37%

Purchase Details

Closed on
Apr 20, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank Fsb
Source: Public Records

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Range of Values:

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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
Odde Srinivas -- American Coast Title
Odde Srinivas -- Accommodation
Anum Damian C $385,000 Lawyers Title
Ever & Ever Properties Llc $295,000 Lawyers Title
Us Bank National Association $668,018 None Available
Abe Samuel O $690,000 Landamerica Southland Title
Ta Sandy $580,000 Southland Title
Nguyen Tuan Duc -- Diversified Title & Escrow S
Nguyen Tuan Duc -- --
Do Lien $366,000 Nations
Hud -- American Title
Old Kent Mtg Company $281,202 American Title
Bailey Hal -- --
Hernandez Carlos -- Universal Title Company
Lomeli Rufina $230,000 American Coast Title
Orellana Ruben $160,000 California Counties Title Co
Donald Downs Dds $140,329 Chicago Title Co
Bowman Yolanda D -- First American Title Company
Bowman Yolanda D -- First American Title Company
Great Western Bank Fsb $76,962 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Odde Srinivas $699,900
Closed Odde Srinivas $450,000
Closed Anum Damian C $269,501
Closed Anum Damian C $288,750
Previous Owner Abe Samuel O $621,000
Previous Owner Ta Sandy $400,000
Previous Owner Nguyen Tuan Duc $316,000
Previous Owner Do Lien $310,250
Previous Owner Hernandez Carlos $48,000
Previous Owner Lomeli Rufina $222,189
Previous Owner Orellana Ruben $156,698
Previous Owner Bowman Yolanda D $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2017 12/21/17 Sold $615,000 -8.9% $373 / Sq Ft
12/15/2017 12/15/17 Pending -- -- --
11/08/2017 11/08/17 For Sale $675,000 -- $409 / 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
2024 $10,423 $686,040 $501,981 $184,059
2023 $9,921 $672,589 $492,139 $180,450
2022 $9,496 $659,402 $482,490 $176,912
2021 $9,403 $646,474 $473,030 $173,444
2019 $9,136 $627,300 $459,000 $168,300
2018 $9,007 $615,000 $450,000 $165,000
2016 $6,600 $419,804 $327,121 $92,683
2015 $6,507 $413,499 $322,208 $91,291
2014 $6,520 $405,400 $315,897 $89,503
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-288428

The MLS

APN: 6056-013-029