NOT LISTED FOR SALE

Estimated Value: $726,000 - $847,416

5 Beds
3 Baths
1,740 Sq Ft
$453/Sq Ft Est. Value

Last Sold April 25, 2018

Last sale price $455,000 $261 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $4,651/month

140 Days on Market

Highlights

  • Laundry Room
  • Wall Furnace
  • Front Yard
  • Level Lot

About This Home

As of April 2018

((((Reduce))))((((reduce)))) $$$50,000.00$$$ price reduction for fast sale...Investors Property.... MAKE AN OFFER....MOTIVATED SELLER....ONLY MINUTES FROM DOWNTOWN LOS ANGELES....USC....and many amenities.....front unit 4 bedroom....2 bathroom.....second unit 1 bedroom.....1 bathroom.....1 car garage.....you can park up to 4 cars in the driveway....

Last Agent to Sell the Property

ROSA ESTORGA

THE ASSOCIATES REALTY GROUP License #01052889 Listed on: 10/23/2017

THE ASSOCIATES REALTY GROUP

Last Buyer's Agent

NILA MCKNIGHT

Keller Williams Silicon Beach License #02011842

Keller Williams Silicon Beach

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,363 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,740 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 5107
  • Assessor Parcel Number 5107011007

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $4,200
  • New Taxes Expense $6,375
  • Operating Expense $5,700
  • Net Operating Income $29,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4200.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5107011007
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 261.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Level with Street
  • Lot Size Sq Ft: 5363.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 29100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5700.00
  • Rent Control: Yes
  • Total Expenses: 5700.00

Tax Info

  • New Taxes Expense: 6375.00
  • Tax Census Tract: 2287.20
  • Tax Lot: 7
  • Tax Tract Number: 5107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2017
Closed on
Mar 9, 2018
Sold by
Whitfield Luella and Luella Whitfield Family Trust
Bought by
Cruse Brian and Cruse Robert
Seller's Agent
ROSA ESTORGA
THE ASSOCIATES REALTY GROUP
Buyer's Agent
NILA MCKNIGHT
Keller Williams Silicon Beach
List Price
$510,000
Sold Price
$455,000
Premium/Discount to List
-$55,000
-10.78%
Current Estimated Value
$787,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,604
Avg. Annual Appreciation
7.39%
Original Mortgage
$446,758
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
May 29, 2014
Sold by
Whitfield Luella
Bought by
Whitfield Luella and Luella Whitfield Family Trust

Purchase Details

Closed on
May 28, 2009
Sold by
Whitfield Luella and Whitfield Samuel
Bought by
Whitfield Luella

Purchase Details

Closed on
Dec 27, 2007
Sold by
Whitfield Luella and Whitfield Samuel
Bought by
Whitfield Luella and Whitfield Samuel

Purchase Details

Closed on
Aug 25, 1995
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cruse Brian $455,000 Pacific Coast Title
Whitfield Luella -- None Available
Whitfield Luella -- None Available
Whitfield Luella -- None Available
Federal Home Loan Mortgage Corporation -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruse Brian $446,758
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2018 04/25/18 Sold $455,000 -1.1% $261 / Sq Ft
03/12/2018 03/12/18 Pending -- -- --
01/17/2018 01/17/18 Price Changed $460,000 -9.8% $264 / Sq Ft
10/23/2017 10/23/17 For Sale $510,000 -- $293 / 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 $6,436 $517,708 $415,306 $102,402
2024 $6,436 $507,558 $407,163 $100,395
2023 $6,315 $497,607 $399,180 $98,427
2022 $6,027 $487,851 $391,353 $96,498
2021 $5,949 $478,286 $383,680 $94,606
2020 $6,006 $473,382 $379,746 $93,636
2019 $5,774 $464,100 $372,300 $91,800
2018 $2,222 $166,574 $73,996 $92,578
2016 $2,108 $160,108 $71,124 $88,984
2015 $2,080 $157,704 $70,056 $87,648
2014 $2,100 $154,616 $68,684 $85,932
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17242492

California Regional Multiple Listing Service (CRMLS)

APN: 5107-011-007