NOT LISTED FOR SALE

1359 E 110th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $663,000 - $793,000

8 Beds
4 Baths
2,112 Sq Ft
$351/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $350,000 $166 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,346/month

9 Days on Market

Highlights

  • 0.24 Acre Lot
  • Rectangular Lot
  • 2-minute walk to One Hundred Ninth Street Recreation Center
  • No HOA

About This Home

As of May 2015

Geat performing DUPLEX! Both Uniits are 4 bedroom 2 bath each. Good condition. Huge Lot. Plenty of parking and long driveway. Don't miss this. Will SELL FAST! Call agent today.

Last Agent to Sell the Property

Luis Guevara

eXp Realty of Southern CA License #01109164 Listed on: 02/28/2015

eXp Realty of Southern CA

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 10,524 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 4 Parking Spaces

Home Design

  • 2,112 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 155
  • Tax Tract Number 6070
  • Assessor Parcel Number 6070005020

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,490
  • Net Operating Income $25,128

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 7.20
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6070005020
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 165.72

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 10524.00
  • Lot Size Acres: 0.2420

Multi Family

  • Gross Income: 3490.00
  • Gross Multiplier: 8.40
  • Gross Scheduled Income: 41880.00
  • Lot Size Area: 10524.0000 Square Feet
  • Net Operating Income: 25128.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense Percent: 40.00
  • Rent Control: Yes
  • Total Actual Rent: 3490.00

Tax Info

  • Tax Lot: 155
  • Tax Tract Number: 6070
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2015
Closed on
May 13, 2015
Sold by
Haven Property Fund Iii Llc
Bought by
Monark Lp
Seller's Agent
Luis Guevara
eXp Realty of Southern CA
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$740,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,701
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
Jul 19, 2011
Sold by
Skkr Llc
Bought by
Haven Property Fund Iii Llc

Purchase Details

Closed on
Jan 25, 2011
Sold by
Zarco Ulises
Bought by
Skkr Llc

Purchase Details

Closed on
Sep 9, 2009
Sold by
Zeo Ulises
Bought by
Gim Steve

Purchase Details

Closed on
Nov 22, 2005
Sold by
Zarco Ulises
Bought by
Zarco Ulises and Gim Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2005
Sold by
Glover Alfred D
Bought by
Zarco Ulises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 1998
Sold by
Glover Rosemarie L
Bought by
Glover Alfred D

Purchase Details

Closed on
Sep 18, 1996
Sold by
Glover Alfred
Bought by
Glover Alfred D and Glover Rosemarie L
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
Monark Lp $3,450,000 Fidelity
Haven Property Fund Iii Llc -- None Available
Skkr Llc -- None Available
Gim Steve -- None Available
Zarco Ulises -- --
Zarco Ulises $420,000 United Independent Title
Glover Alfred D -- --
Glover Alfred D -- --
Glover Alfred D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zarco Ulises $378,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2015 05/15/15 Sold $350,000 0.0% $166 / Sq Ft
03/09/2015 03/09/15 Pending -- -- --
02/28/2015 02/28/15 For Sale $350,000 -- $166 / 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 $5,681 $420,638 $240,367 $180,271
2024 $5,681 $412,391 $235,654 $176,737
2023 $5,579 $404,306 $231,034 $173,272
2022 $5,339 $396,379 $226,504 $169,875
2021 $5,267 $388,608 $222,063 $166,545
2019 $5,118 $377,084 $215,478 $161,606
2018 $4,943 $369,691 $211,253 $158,438
2016 $4,709 $355,337 $203,050 $152,287
2015 $3,208 $229,921 $125,411 $104,510
2014 $3,226 $225,418 $122,955 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Luis Guevara

    Seller's Agent in 2015

    Luis Guevara

    eXp Realty of Southern CA

    (310) 704-6298

    49 Total Sales

    Luis Guevara
    Section Image

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    6,217 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS15043091

California Regional Multiple Listing Service (CRMLS)

APN: 6070-005-020

California Los Angeles County Los Angeles 90059 Watts

1359 E 110th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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