NOT LISTED FOR SALE

Estimated Value: $774,000 - $1,194,000

6 Beds
3 Baths
1,943 Sq Ft
$539/Sq Ft Est. Value

Last Sold November 14, 2012

Last sale price $230,000 $118 Per Sq Ft

Est. 356% increase in value since last sale

Current estimated payment $6,248/month

14 Days on Market

Highlights

  • Traditional Architecture
  • Wood Siding
  • No Heating

About This Home

As of November 2012

This charming duplex is located in a prime area just blocks away from the USC campus in Los Angeles! With six total bedrooms and three bathrooms, this is a fantastic investment opportunity! Priced to sell and will NOT last long!

Last Agent to Sell the Property

Jason Moore

Jason Moore Broker License #01132267 Listed on: 09/18/2012

Last Buyer's Agent

Outside Agent

Multi-Regional MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,967

Year Built

  • Built in 1901

Lot Details

  • 6,871 Sq Ft Lot
  • Lot Dimensions are 50x138

Home Design

  • 1,943 Sq Ft Home
  • Traditional Architecture
  • Wood Siding
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 5 / 8
  • Assessor Parcel Number 5040003005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,967

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5040003005
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 118.37

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x138
  • Lot Size Sq Ft: 6871.00
  • Lot Size Acres: 0.1580

Multi Family

  • Lot Size Area: 6871.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 210
  • Tax Block: 8
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2013
Sold by
Searchlight Real Estate Investments Llc
Bought by
Ly Long Thanh
Current Estimated Value
$1,048,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,650
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 18, 2012
Closed on
Nov 5, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Searchlight Real Estate Investments Llc
Seller's Agent
Jason Moore
Jason Moore Broker
Buyer's Agent
Outside Agent
Multi-Regional MLS
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.57%
Original Mortgage
$172,500
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 18, 2012
Closed on
Nov 1, 2012
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc
Seller's Agent
Jason Moore
Jason Moore Broker
Buyer's Agent
Outside Agent
Multi-Regional MLS
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 2012
Sold by
Huerta Ignacio
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 23, 2005
Sold by
Huerta Salvador and Huerta Ignacio
Bought by
Huerta Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 1997
Sold by
Camarena Guy and Camarena Valeria
Bought by
Huerta Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 19, 1995
Sold by
Granville Michael K and Washington Judy S
Bought by
Camarena Guy
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ly Long Thanh $459,000 Wfg Title Company
Searchlight Real Estate Investments Llc $230,000 Integrated Title
Nationstar Mortgage Llc $230,000 Integrated Title
Aurora Loan Services Llc $398,139 Accommodation
Huerta Ignacio -- First American Title Company
Huerta Salvador $125,000 Commonwealth Land Title Co
Camarena Guy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ly Long Thanh $412,000
Closed Ly Long Thanh $443,850
Closed Ly Long Thanh $446,000
Closed Ly Long Thanh $450,650
Previous Owner Searchlight Real Estate Investments Llc $172,500
Previous Owner Huerta Ignacio $350,000
Previous Owner Huerta Ignacio $276,500
Previous Owner Huerta Salvador $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2012 11/14/12 Sold $230,000 0.0% $118 / Sq Ft
10/02/2012 10/02/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $230,000 -- $118 / 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 $6,967 $565,213 $369,423 $195,790
2024 $6,967 $554,131 $362,180 $191,951
2023 $6,838 $543,267 $355,079 $188,188
2022 $6,531 $532,616 $348,117 $184,499
2021 $6,442 $522,174 $341,292 $180,882
2019 $6,253 $506,688 $331,170 $175,518
2018 $6,121 $496,754 $324,677 $172,077
2016 $5,842 $477,466 $312,070 $165,396
2015 $5,757 $470,295 $307,383 $162,912
2014 $5,787 $461,083 $301,362 $159,721
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1204748

California Regional Multiple Listing Service (CRMLS)

APN: 5040-003-005