NOT LISTED FOR SALE

Estimated Value: $606,487

3 Beds
1 Bath
1,185 Sq Ft
$512/Sq Ft Est. Value

Last Sold November 09, 2022

Last sale price $560,000 $473 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,919/month

2 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Bungalow
  • Attic
  • Bathtub with Shower
  • Ceiling Fan

About This Home

As of November 2022

Covered Land Play with C2 Zoning ~ Dev Site situated on a corner lot. File your plans the day you close to develop 12 units by right or 20 units using the TOC Tier 1 allowance. Collect rent and offset your carrying costs until you're RTI or renovate the existing home and add to your rental portfolio. This fully fenced 3 bedroom, 1 bathroom, 1185sf home includes a finished attic that could be used as a flex space or additional storage, a generous driveway that can accommodate 2-3 cars, and an additional curb cut approach off Normandie Ave for additional parking/access in the rear of the property. Property needs some TLC, is being sold in its current AS-IS condition and can be delivered vacant at close of escrow. Centrally located near major freeways (110, 10, 405 & 105), DTLA, USC, SoFi Stadium, The Forum and LAX. Take advantage of the upward trajectory and low hurdle to entry of this South Los Angeles neighborhood before this becomes the investment opportunity that got away!

Last Agent to Sell the Property

Jesse Ramos

COMPASS License #01930503 Listed on: 08/31/2022

COMPASS

Co-Listed By

Adam Sikorski

COMPASS License #02080987

Last Buyer's Agent

Irma Morales

Coldwell Banker Res Brokerage License #01748405

Coldwell Banker Res Brokerage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,192

Year Built

  • Built in 1926

Lot Details

  • 4,917 Sq Ft Lot
  • South Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • No Sprinklers
  • Property is zoned C2-1VL-CPIO

Home Design

  • Bungalow
  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 1,185 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Gas Range
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway
  • Off-Street Parking

Utilities

  • Floor Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 56
  • Assessor Parcel Number 6014017028

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,192

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: C2-1VL-CPIO
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6014017028
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1185.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 464.14
  • Room Type: Attic
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: No
  • Direction Faces: South
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Range
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 4917.00
  • Lot Size Acres: 0.1129

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4917.0000 Square Feet

Tax Info

  • Tax Lot: 56
  • Tax Tract: 1356

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Oct 14, 2022
Sold by
Fernandez Javier
Bought by
Carcamo Hernandez Brian and Alvarez Carcamo Jessica
Seller's Agent
Jesse Ramos
COMPASS
Buyer's Agent
Irma Morales
Coldwell Banker Res Brokerage
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Current Estimated Value
$606,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,487
Avg. Annual Appreciation
2.94%
Original Mortgage
$448,000
Outstanding Balance
$441,675
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$164,812

Purchase Details

Closed on
Sep 14, 2006
Sold by
Camarena Jorge
Bought by
Fernandez Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 13, 2005
Sold by
Aguirre Graciela
Bought by
Camarena Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2005
Sold by
Gilbert Romero
Bought by
Camarena Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 2003
Sold by
Davis Kimberly D
Bought by
Gilbert Louberta

Purchase Details

Closed on
Sep 6, 2003
Sold by
Gilbert Louberta
Bought by
Davis Kimberly D

Purchase Details

Closed on
Dec 10, 1996
Sold by
Gilbert Louberta
Bought by
Gilbert Louberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
7.67%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Carcamo Hernandez Brian $560,000 Chicago Title
Fernandez Javier $460,000 Equity Title Company
Camarena Jorge -- Orange Coast Title Company
Camarena Jorge $329,091 Orange Coast Title
Gilbert Louberta -- --
Davis Kimberly D -- --
Gilbert Louberta -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carcamo Hernandez Brian $448,000
Previous Owner Fernandez Javier $92,000
Previous Owner Fernandez Javier $368,000
Previous Owner Camarena Jorge $256,000
Previous Owner Gilbert Romero $193,000
Previous Owner Gilbert Romero $1,500
Previous Owner Gilbert Romero $7,500
Previous Owner Gilbert Romero $5,800
Previous Owner Gilbert Romero $11,722
Previous Owner Gilbert Louberta $45,000
Closed Camarena Jorge $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2022 11/09/22 Sold $560,000 +1.8% $473 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $550,000 -- $464 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $7,192 $582,624 $405,756 $176,868
2024 $7,192 $571,200 $397,800 $173,400
2023 $7,059 $560,000 $390,000 $170,000
2022 $7,111 $580,747 $435,562 $145,185
2021 $7,021 $569,361 $427,022 $142,339
2020 $7,091 $563,524 $422,644 $140,880
2019 $6,816 $552,475 $414,357 $138,118
2018 $6,727 $541,643 $406,233 $135,410
2016 $6,435 $520,611 $390,459 $130,152
2015 $6,343 $512,791 $384,594 $128,197
2014 $6,366 $502,747 $377,061 $125,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-11090

Pasadena-Foothills Association of REALTORS®

APN: 6014-017-028