NOT LISTED FOR SALE

Estimated Value: $1,407,000 - $1,907,107

3 Beds
2 Baths
2,127 Sq Ft
$787/Sq Ft Est. Value

Last Sold June 14, 2016

Last sale price $1,080,000 $508 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,273/month

15 Days on Market

Highlights

  • 5 Car Attached Garage
  • Central Heating and Cooling System
  • Remodeled Bathroom
  • Bathtub with Shower
  • Ceiling Fan
  • 1-Story Property

About This Home

As of June 2016

REMODELED MID-CITY DUPLEX WITH CHARACTER GALORE DELIVERED VACANT! Rarely is an investment opportunity as exciting as this presented for sale! Don't miss your chance to own this stunning natural light filled side-by-side duplex in a highly sought after up-and-coming vibrant area. Situated on a beautiful street North of Pico, this lovingly renovated property exudes 1920's charm with modern updates throughout: Gorgeously Remodeled Kitchens & Baths with Quartz Counters & New Cabinetry & Fixtures + Lovely Refinished Oak Hardwood Floors + Barreled Cove Ceilings + Arched Walls + Original Batchelder Fireplace + Open Floor Plans + Fresh Paint & New Trim + Central A/C & Heat + Copper Plumbing + Updated Electrical + Recessed Lighting + Newly Coated Roof w/Warranty + All New Dual Pane Windows. Spacious private grassy backyard with fruit trees offers plenty of room for entertaining and pets! Park in the detached oversized 2 Car Garage located in the rear and head out to the nearby dining & shops.

Last Agent to Sell the Property

Erika Mlachak

Verde Realty, Inc. License #01777303 Listed on: 05/05/2016

Last Buyer's Agent

Dong Jick Lee

Ivy Realty Co. License #01872719

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,469

Year Built

  • Built in 1926

Lot Details

  • 6,906

Parking

  • 5 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,127 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stacked Washer and Dryer Hookup

Kitchen

  • Water Line To Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Bathtub with Shower

Additional Features

  • 6,906 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5070-003-033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,469

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2127
  • Stories: 1
  • Year Built: 1926
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Bathroom Features: Remodeled, Shower and Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Gas Dryer Hookup, Hood Fan, Stackable W/D Hookup, Water Line to Refrigerator
  • Price Per S Q F T: 512.46

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 5

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5070-003-033
  • Geocode Override: No
  • Lot Size Area: 6906

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.50
  • Number Of Units: 2
  • Total Annual Expense: 5000
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2016
Closed on
May 23, 2016
Sold by
Let Orange Llc
Bought by
Choi Linda
Seller's Agent
Erika Mlachak
Verde Realty, Inc.
Buyer's Agent
Dong Jick Lee
Ivy Realty Co.
List Price
$1,090,000
Sold Price
$1,080,000
Premium/Discount to List
-$10,000
-0.92%
Current Estimated Value
$1,648,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,774
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Dec 10, 2015
Sold by
Kerman Theodore
Bought by
Let Orange Llc

Purchase Details

Listed on
May 7, 2015
Closed on
Jul 16, 2015
Sold by
Jones James Earl
Bought by
Kerman Theodore
Seller's Agent
Regina Hooks
Robert Pitts Estates
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$875,000
Sold Price
$715,000
Premium/Discount to List
-$160,000
-18.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.66%
Original Mortgage
$702,049
Interest Rate
3.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2006
Sold by
Glass Jones Mary D
Bought by
Jones James Earl and Glass Jones Mary D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2002
Sold by
Jones James Earl
Bought by
Glass Jones Mary D

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
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2002
Sold by
Glass Jones Mary D
Bought by
Glass Jones Mary D

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
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 1996
Sold by
Jackson Richard
Bought by
Jackson Mary D
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
Choi Linda $1,080,000 Wfg National Title Company
Let Orange Llc -- None Available
Kerman Theodore $715,000 Fidelity National Title Co
Jones James Earl -- Lst Rosemead
Glass Jones Mary D -- Fidelity National Title
Glass Jones Mary D -- Fidelity National Title
Jackson Mary D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerman Theodore $702,049
Previous Owner Jones James Earl $550,000
Previous Owner Glass Jones Mary D $420,000
Previous Owner Glass Jones Mary D $256,000
Previous Owner Glass Jones Mary D $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2016 06/14/16 Sold $1,080,000 -0.9% $508 / Sq Ft
05/05/2016 05/05/16 For Sale $1,090,000 +52.4% $512 / Sq Ft
08/28/2015 08/28/15 Sold $715,000 -18.3% $362 / Sq Ft
07/27/2015 07/27/15 Pending -- -- --
05/07/2015 05/07/15 For Sale $875,000 -- $443 / Sq Ft
Source: The MLS

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 $15,469 $1,278,494 $899,682 $378,812
2024 $15,469 $1,253,427 $882,042 $371,385
2023 $15,174 $1,228,851 $864,748 $364,103
2022 $14,476 $1,204,757 $847,793 $356,964
2021 $14,297 $1,181,135 $831,170 $349,965
2019 $13,872 $1,146,104 $806,518 $339,586
2018 $13,704 $1,123,632 $790,704 $332,928
2016 $8,757 $715,000 $450,000 $265,000
2015 $954 $68,001 $35,776 $32,225
2014 $968 $66,670 $35,076 $31,594
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-122082

The MLS

APN: 5070-003-033