NOT LISTED FOR SALE

1405 E 108th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $534,000 - $808,000

4 Beds
2 Baths
1,588 Sq Ft
$429/Sq Ft Est. Value

Sale Details

Date Sold: April 6, 2012

Last sale price $237,000 $149 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $4,004 / mo

65 Days on Market

About This Home

As of April 2012

REGULAR SALE***REMODELED***FHA LOANS OK***2 DETACHED UNITS 2 BEDROOM 1 BATH EACH. BOTH UNITS HAVE BEEN REMODELED AND ARE IN MOVE IN CONDITION. GREAT OPPORTUNITY FOR RENTAL INCOME OR OWNER.

Last Agent to Sell the Property

Arthur Hernandez

Wallstreet Realty License #01840044 Listed on: 01/07/2012

Last Buyer's Agent

Francis Porras

T.N.G. Real Estate Consultants License #01272919

T.N.G. Real Estate Consultants

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,693

Parking

  • 2 Parking Spaces

Home Design

  • 1,588 Sq Ft Home
  • Traditional Architecture
  • Stucco

Additional Features

  • 7,693 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Tract Number 242
  • Assessor Parcel Number 6065013023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $2,634
  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

7,693 Sq Ft Lot

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6065013023
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 149.24

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7693.00
  • Lot Size Acres: 0.1770

Multi Family

  • Gross Income: 1800.00
  • Gross Multiplier: 127.22
  • Gross Scheduled Income: 1800.00
  • Lot Size Area: 7693.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • New Taxes Expense: 2634.00
  • Tax Area: 460
  • Tax Lot: 0.
  • Tax Tract Number: 242

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2012
Closed on
Mar 21, 2012
Sold by
Bought by
Seller's Agent
Arthur Hernandez
Wallstreet Realty
Buyer's Agent
Francis Porras
T.N.G. Real Estate Consultants
List Price
$229,000
Sold Price
$237,000
Premium/Discount to List
$8,000
3.49%
Current Estimated Value
$680,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,743
Avg. Annual Appreciation
7.71%
Original Mortgage
$230,992
Outstanding Balance
$158,675
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$522,068

Purchase Details

Closed on
Sep 23, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
4.16%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 27, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.19%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 18, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 25, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
8.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 13, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,750
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,079
Interest Rate
5.88%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 4, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.86%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$237,000 Lawyers Title
-- None Available
$105,000 Landsafe Title
$382,075 Landsafe Title
-- Southland Title Company
-- Lawyers Title Company
-- Lawyers Title Company
$189,000 Orange Coast Title
$100,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $370,000
Closed $230,992
Closed $12,000
Closed $60,000
Closed $35,000
Closed $110,000
Closed $75,000
Closed $70,000
Closed $441,000
Closed $368,000
Closed $320,000
Closed $243,750
Closed $188,870
Closed $186,079
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/06/2012 04/06/12 Sold $237,000 +3.5% $149 / Sq Ft
03/12/2012 03/12/12 Pending -- -- --
01/07/2012 01/07/12 For Sale $229,000 -- $144 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,193 $297,674 $172,075 $125,599
2024 $4,125 $291,838 $168,701 $123,137
2023 $4,052 $286,117 $165,394 $120,723
2022 $3,880 $280,507 $162,151 $118,356
2021 $3,827 $275,008 $158,972 $116,036
2020 $3,859 $272,189 $157,342 $114,847
2019 $3,720 $266,853 $154,257 $112,596
2018 $3,601 $261,622 $151,233 $110,389
2016 $3,430 $251,464 $145,361 $106,103
2015 $3,379 $247,688 $143,178 $104,510
2014 $3,397 $242,837 $140,374 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Arthur Hernandez

    Seller's Agent in 2012

    Arthur Hernandez

    Wallstreet Realty

    (562) 863-2121

    26 Total Sales

    Arthur Hernandez
    Section Image

  • F

    Buyer's Agent in 2012

    Francis Porras

    T.N.G. Real Estate Consultants

    (562) 441-6370

    6 Total Sales

    Francis Porras
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1200124

California Regional Multiple Listing Service (CRMLS)

APN: 6065-013-023

California Los Angeles County Los Angeles 90059 Watts

1405 E 108th St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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