NOT LISTED FOR SALE

Estimated Value: $607,000 - $779,000

3 Beds
2 Baths
1,452 Sq Ft
$480/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $750,000 $517 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,242/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back Yard
  • Neighborhood Views
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of June 2024

This CASH COW property with R2 ZONING, NO RENT CONTROL and HUGE lot offers versatile living options with three units, ideal for multi-generational living or rental income. The main house is split into two units, featuring a spacious 2-bed/1-bath front unit and a 1-bed/1-bath back unit. Additionally, a detached studio that comes equipped with bathroom, kitchenette, a subpanel and tankless water heater, making it SMART-enabled for efficient living. This fully renovated property boasts over $150k in upgrades, including a 2-year-old roof and updated sewer and water lines. Enjoy modern amenities such as central AC with a smart thermostat, recessed LED lighting throughout, and automatic sprinklers for easy lawn maintenance. The property also features BIG ALUMINUM PATIO COVER with fans and lights perfect for entertainment, new cement on the driveway, a wood fence for privacy, and vinyl double-pane windows for energy efficiency. Experience peace of mind with a security system (just need internet connection) and an earthquake shut-off valve installed. Situated in a prime location, near an array of amenities at Freedom Plaza, Blink Fitness, Starbucks, Ross, Smart & Final. Enjoy seamless access to major freeways (105, 91, 110 and 710) for easy commuting and be mere minutes from DTLA, SOFI Stadium, Kia Forum, and LAX. An added bonus: ALL UNITS WILL BE DELIVERED VACANT, offering flexibility for your next move or investment endeavor.

Last Agent to Sell the Property

Marvin Garcia

ROA California Inc. Brokerage Phone: 323 350-4654 License #01968704 Listed on: 04/19/2024

Last Buyer's Agent

Vicky De la Herran

Excellence RE Real Estate, Inc. License #01990435

Excellence RE Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,663

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 7,695 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR2

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Parking

  • Carport
  • Parking Available
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 248
  • Assessor Parcel Number 6070002009
  • $569 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,663

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6070002009
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1452.00 Square Feet
  • Stories: 1
  • Entry Location: Front
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 516.53
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Carport
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7695.00
  • Lot Size Acres: 0.1767
  • Latitude Manual: 33.93753200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7695.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2420.00
  • Tax Lot: 248
  • TaxOtherAnnualAssessmentAmount: 569.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
May 29, 2024
Sold by
Donis Michelle and Algutria Maria
Bought by
Palacios Kevin Neilson
Seller's Agent
Marvin Garcia
ROA California Inc.
Buyer's Agent
Vicky De la Herran
Excellence RE Real Estate, Inc.
List Price
$669,000
Sold Price
$750,000
Premium/Discount to List
$81,000
12.11%
Views
16
Current Estimated Value
$697,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,644
Avg. Annual Appreciation
-5.61%
Original Mortgage
$675,000
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2024
Sold by
Donis Michelle and Algutria Maria
Bought by
Donis Michelle and Algutria Maria

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 31, 2017
Sold by
Munoz Gregorio
Bought by
Donis Michelle and Algutria Maria
Seller's Agent
Minerva Moreno
UNITED BROKERS REALTY
Buyer's Agent
Minerva Moreno
UNITED BROKERS REALTY
List Price
$359,900
Sold Price
$473,000
Premium/Discount to List
$113,100
31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$360,195
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 27, 2017
Closed on
May 30, 2017
Sold by
Reyes Mario Alejandro Donis
Bought by
Donis Michelle
Seller's Agent
Minerva Moreno
UNITED BROKERS REALTY
Buyer's Agent
Minerva Moreno
UNITED BROKERS REALTY
List Price
$359,900
Sold Price
$473,000
Premium/Discount to List
$113,100
31.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,195
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Dec 8, 2015
Closed on
Mar 1, 2016
Sold by
Scatliffe Malcolm
Bought by
Munoz Gregorio and Alvarez Joana
Seller's Agent
RICARDO LOZANO
GUARDIAN REALTY
Buyer's Agent
Minerva Moreno
UNITED BROKERS REALTY
List Price
$329,990
Sold Price
$335,990
Premium/Discount to List
$6,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.36%
Original Mortgage
$329,904
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 16, 2015
Closed on
May 26, 2015
Sold by
Onn Llc
Bought by
Scatliffe Malcolm
Seller's Agent
Mario Corral
Realty Masters & Associates
Buyer's Agent
RICARDO LOZANO
GUARDIAN REALTY
List Price
$222,500
Sold Price
$220,000
Premium/Discount to List
-$2,500
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
74.57%
Original Mortgage
$218,600
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 8, 2014
Closed on
Oct 30, 2014
Sold by
Ponder Bobby T
Bought by
Onn Llc
Seller's Agent
Adrian Ortega
Century 21 Allstars
Buyer's Agent
Mario Corral
Realty Masters & Associates
List Price
$175,000
Sold Price
$205,000
Premium/Discount to List
$30,000
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.70%
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
Palacios Kevin Neilson $750,000 Wfg National Title
Donis Michelle -- None Listed On Document
Donis Michelle $373,000 Usa National Title Company
Donis Michelle -- Usa National Title Company
Munoz Gregorio $336,000 Ticor Title
Scatliffe Malcolm $220,000 Old Republic Title Company
Onn Llc $205,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Kevin Neilson $679,000
Closed Palacios Kevin Neilson $675,000
Previous Owner Donis Michelle $360,195
Previous Owner Munoz Gregorio $329,904
Previous Owner Scatliffe Malcolm $218,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2024 06/06/24 Sold $750,000 0.0% $517 / Sq Ft
06/06/2024 06/06/24 Sold $750,000 +12.1% $517 / Sq Ft
05/01/2024 05/01/24 For Sale $669,000 -10.8% $461 / Sq Ft
04/26/2024 04/26/24 Pending -- -- --
04/26/2024 04/26/24 Off Market $750,000 -- --
04/26/2024 04/26/24 Off Market $750,000 -- --
04/26/2024 04/26/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $669,000 0.0% $461 / Sq Ft
04/19/2024 04/19/24 For Sale $669,000 +41.4% $461 / Sq Ft
06/05/2017 06/05/17 Sold $473,000 +31.4% $326 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $359,900 +7.1% $248 / Sq Ft
03/17/2016 03/17/16 Sold $335,990 +1.8% $231 / Sq Ft
03/07/2016 03/07/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $329,990 0.0% $227 / Sq Ft
01/21/2016 01/21/16 Pending -- -- --
12/08/2015 12/08/15 For Sale $329,990 +50.0% $227 / Sq Ft
06/12/2015 06/12/15 Sold $220,000 -1.1% $152 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
05/16/2015 05/16/15 For Sale $222,500 +1.1% $153 / Sq Ft
05/15/2015 05/15/15 Off Market $220,000 -- --
05/14/2015 05/14/15 For Sale $222,500 +1.1% $153 / Sq Ft
05/13/2015 05/13/15 Off Market $220,000 -- --
05/07/2015 05/07/15 For Sale $222,500 0.0% $153 / Sq Ft
05/07/2015 05/07/15 Price Changed $222,500 -7.3% $153 / Sq Ft
04/16/2015 04/16/15 For Sale $240,000 +9.1% $165 / Sq Ft
04/15/2015 04/15/15 Off Market $220,000 -- --
04/14/2015 04/14/15 Pending -- -- --
04/04/2015 04/04/15 For Sale $240,000 +9.1% $165 / Sq Ft
04/03/2015 04/03/15 Off Market $220,000 -- --
03/31/2015 03/31/15 For Sale $240,000 0.0% $165 / Sq Ft
03/31/2015 03/31/15 Price Changed $240,000 -3.6% $165 / Sq Ft
03/25/2015 03/25/15 For Sale $249,000 +13.2% $171 / Sq Ft
03/24/2015 03/24/15 Off Market $220,000 -- --
03/23/2015 03/23/15 Pending -- -- --
03/20/2015 03/20/15 Price Changed $249,000 -6.0% $171 / Sq Ft
03/02/2015 03/02/15 For Sale $265,000 0.0% $183 / Sq Ft
02/18/2015 02/18/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $265,000 +29.3% $183 / Sq Ft
11/24/2014 11/24/14 Sold $205,000 +17.1% $141 / Sq Ft
05/08/2014 05/08/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $175,000 -14.6% $121 / Sq Ft
04/24/2014 04/24/14 Off Market $205,000 -- --
04/21/2014 04/21/14 For Sale $175,000 -- $121 / 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 $5,663 $765,000 $649,332 $115,668
2024 $5,663 $424,403 $251,912 $172,491
2023 $5,559 $416,082 $246,973 $169,109
2022 $5,314 $407,925 $242,131 $165,794
2021 $5,246 $399,928 $237,384 $162,544
2019 $5,095 $388,068 $230,344 $157,724
2018 $4,969 $380,460 $225,828 $154,632
2016 $3,045 $223,354 $148,531 $74,823
2015 $2,821 $205,000 $150,000 $55,000
2014 $1,330 $77,546 $34,461 $43,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24071622

California Regional Multiple Listing Service (CRMLS)

APN: 6070-002-009