NOT LISTED FOR SALE

1408 E 62nd St Los Angeles, CA 90001

Estimated Value: $900,000 - $1,321,000

9 Beds
4 Baths
3,480 Sq Ft
$315/Sq Ft Est. Value

Last Sold January 21, 2015

Last sale price $585,000 $168 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,777/month

69 Days on Market

Highlights

  • Custom Home
  • Sliding Doors
  • Carpet
  • Laundry Room
  • Central Heating
  • 4-minute walk to Bethune Park

About This Home

As of January 2015

STANDARD SALE !!** NOT AN REO OR SHORT SALE ** STANDARD SALE !!! CONVENTIONAL,FHA AND VA WELCOME!** BEATIFULL NEW DUPLEX 5 BED 2 BATH APPROX 1740 SQUARE FEET EACH ON A 8577 SQUARE FOOT LOT! MOVE IN READY WITH ALL UPGRADES CONVINIENTLY LOCATED NEAR FREEWAYS AND SHOPS.THIS DUPLEX HAS GRANITE COUNTER TOPS IN KITCHEN ,BEAUTIFUL FIXTURES,SINKS,WOOD AND TILE FLORING,UPGRADED PLUSH CARPET ,ETC!ATTACHED 4 CAR GARAGE . A PERFECT SIZE FRONT LAWN AND A GREAT BACK YARD WITH EASY ACCESS. READY TO MOVE IN IMMEDIATELY .PRICED TO SELL,THIS HOME WILL NOT LOST LONG BUYER TO VERIFY ALL INFO FFOR ITS ACCURACY NOTH UNITS VACANT . TWO DETACHED UNITS!

SUMBIT A OFFER TODAY ! PROPERTY IS PRICED TO SELL & WON'T LAT LONG! TEXT AGENT FOR SHOWING INSTRUCTIONS! DON'T FORGET TO ASK ABOUT OUR SPECIAL FINANCING OPTIONS.

Last Agent to Sell the Property

Alicia Ortiz

Real Estate Connection License #01193650 Listed on: 11/12/2014

Last Buyer's Agent

DARIO MENDEZ

UNITED CAPITAL REALTY License #00950296

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,737

Year Built

  • Built in 2014

Lot Details

  • 8,577 Sq Ft Lot
  • No Common Walls
  • New Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Custom Home
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 3,480 Sq Ft Home
  • Sliding Doors
  • Carpet

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Central Heating
  • 220 Volts in Garage

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 6008031010

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,737

Year Built

Built in 2014

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Architectural Style: Custom Built
  • Property Type: Residential Income
  • Parcel Number: 6008031010
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: No
  • Door Features: Sliding Doors
  • Levels: Two
  • Price Per Square Foot: 168.10

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • Fencing: New Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8577.00
  • Lot Size Acres: 0.1970

Multi Family

  • Lot Size Area: 8577.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 5000.00

Tax Info

  • Tax Lot: 9
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Ruiz Noe
Bought by
Kim Properties Llc
Current Estimated Value
$1,094,979

Purchase Details

Listed on
Nov 12, 2014
Closed on
Dec 23, 2014
Sold by
Clark John
Bought by
Ruiz Noe
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
DARIO MENDEZ
UNITED CAPITAL REALTY
List Price
$590,000
Sold Price
$585,000
Premium/Discount to List
-$5,000
-0.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
May 10, 2013
Sold by
Jis Real Estate Development Inc
Bought by
Clark John

Purchase Details

Closed on
Nov 7, 2011
Sold by
Ortiz Investments Inc
Bought by
J I S Real Estate Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Ortiz Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2011
Sold by
Ramos Nicolas and Ramos Eulalia
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 11, 2008
Sold by
Ramos Nicolas and Ramos Eulalia
Bought by
Ramos Nicolas and Ramos Eulalia

Purchase Details

Closed on
Jan 21, 2004
Sold by
Carson Robert and Carson Rachelle
Bought by
Ramos Nicolas and Ramos Eulalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2003
Sold by
Brice Richard and Estate Of Josephine Bennett
Bought by
Carson Robert and Carson Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
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
Kim Properties Llc -- None Available
Ruiz Noe $580,000 Nations Title Company
Clark John -- Accommodation
J I S Real Estate Development Inc -- None Available
Ortiz Investments Inc $164,000 Lsi Title Company
Deutsche Bank National Trust Company $200,000 Accommodation
Ramos Nicolas -- None Available
Ramos Nicolas $255,000 Gateway Title Company
Carson Robert $251,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clark John $75,000
Previous Owner Ortiz Investments Inc $267,000
Previous Owner Ramos Nicolas $431,250
Previous Owner Ramos Nicolas $363,750
Previous Owner Ramos Nicolas $229,500
Previous Owner Carson Robert $205,000
Previous Owner Bennett James K $148,750
Previous Owner Bennett James K $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2015 01/21/15 Sold $585,000 -0.8% $168 / Sq Ft
01/20/2015 01/20/15 Pending -- -- --
11/12/2014 11/12/14 For Sale $590,000 -- $170 / 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 $9,737 $697,064 $399,009 $298,055
2024 $9,737 $683,397 $391,186 $292,211
2023 $9,408 $669,998 $383,516 $286,482
2022 $8,983 $656,862 $375,997 $280,865
2021 $8,871 $643,983 $368,625 $275,358
2020 $8,934 $637,381 $364,846 $272,535
2019 $8,604 $624,885 $357,693 $267,192
2018 $8,413 $612,633 $350,680 $261,953
2016 $8,635 $588,845 $337,063 $251,782
2015 $5,111 $335,046 $286,890 $48,156
2014 $5,113 $328,484 $281,271 $47,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14240889

California Regional Multiple Listing Service (CRMLS)

APN: 6008-031-010