NOT LISTED FOR SALE

1355 S Downey Rd Los Angeles, CA 90023

Estimated Value: $609,636 - $851,000

3 Beds
1 Bath
1,388 Sq Ft
$539/Sq Ft Est. Value

Last Sold September 21, 2017

Last sale price $399,000 $287 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,610/month

Highlights

  • No HOA
  • Neighborhood Views
  • Cooling Available
  • James A. Garfield Senior High School Rated A
  • Fireplace
  • 3-minute walk to Parque de Los Suenos

About This Home

As of September 2017

Smart Buy! Conveniently located south of the 5 frwy this home has a lot to offer! Great opportunity for first-time homebuyer or investor. This home offers cozy living room, 3 spacious bedrooms, 1 large bathroom and nice size kitchen. Additions include extended laundry room, ¾ bath and garage conversion - Buyer to do their due diligence.

Last Agent to Sell the Property

Nathalie Marcele Marles

Berkshire Hathaway HomeServices Crest Real Estate License #01330558 Listed on: 01/28/2017

Berkshire Hathaway HomeServices Crest Real Estate

Last Buyer's Agent

Joel Cruzado

CAPITAL NETWORK REALTY License #01091859

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,486

Year Built

  • Built in 1929

Lot Details

  • 6,976 Sq Ft Lot
  • Front Yard
  • Property is zoned LCR4YY

Interior Spaces

  • 1,388 Sq Ft Home
  • Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Cooling Available
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 4301
  • Assessor Parcel Number 5241020020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,486

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCR4YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5241020020
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1388.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 287.46
  • Room Type: Laundry, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6976.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5313.02
  • Tax Lot: 18
  • Tax Tract Number: 4301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2017
Closed on
Sep 13, 2017
Sold by
Barragan Norma Angelica
Bought by
Guerrero Ruben Vela
Seller's Agent
Nathalie Marcele Marles
Berkshire Hathaway HomeServices Crest Real Estate
Buyer's Agent
Joel Cruzado
CAPITAL NETWORK REALTY
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$748,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,159
Avg. Annual Appreciation
8.63%
Original Mortgage
$379,050
Outstanding Balance
$318,045
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$455,395

Purchase Details

Closed on
May 25, 2017
Sold by
Topete Rafael
Bought by
Guerrro Ruben Vela

Purchase Details

Closed on
Sep 16, 2006
Sold by
Topete Rafael
Bought by
Topete Rafael

Purchase Details

Closed on
Feb 14, 2005
Sold by
Topete Lourdes
Bought by
Topete Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage
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
Guerrero Ruben Vela -- Fidelity Sherman Oaks
Guerrro Ruben Vela $399,000 Fidelity Sherman Oaks
Topete Rafael -- None Available
Topete Rafael -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guerrero Ruben Vela $379,050
Previous Owner Topete Rafael $179,500
Previous Owner Topete Rafael $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2017 09/21/17 Sold $399,000 0.0% $287 / Sq Ft
05/20/2017 05/20/17 Pending -- -- --
01/28/2017 01/28/17 For Sale $399,000 -- $287 / 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 $7,486 $563,312 $363,191 $200,121
2024 $7,486 $552,268 $356,070 $196,198
2023 $7,360 $541,440 $349,089 $192,351
2022 $5,832 $427,805 $342,245 $85,560
2021 $5,755 $419,418 $335,535 $83,883
2019 $5,525 $406,980 $325,584 $81,396
2018 $5,355 $399,000 $319,200 $79,800
2016 $2,162 $137,239 $65,361 $71,878
2015 $2,130 $135,179 $64,380 $70,799
2014 $2,132 $132,532 $63,119 $69,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17019214

California Regional Multiple Listing Service (CRMLS)

APN: 5241-020-020