NOT LISTED FOR SALE

1419 E 109th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $803,718 - $882,000

6 Beds
4 Baths
2,700 Sq Ft
$311/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $579,000 $214 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,129/month

7 Days on Market

Highlights

  • Gated Parking
  • High Ceiling
  • Community Pool
  • Main Floor Bedroom
  • No HOA
  • Crown Molding

About This Home

As of February 2018

DUPLEX JUST BUILT IN 2015! Huge 2 Story Duplex '3 Bedrooms/2 Bath Each Unit' come with Beautiful kitchen cabinets, New counters with plenty counter space, dual stainless steel sinks, tile floors in kitchen & baths, gorgeous wood flooring throughout living areas, each unit has its very own laundry room. Huge lit Carport, along with plenty more gated parking, home is fully gated w/ wrought iron fence for privacy. Perfect for a big family or Investor looking for Positive Cash Flow Prop/Non Rent Control Property....

Last Agent to Sell the Property

Randy Mendez

SoCal 5 Real Estate License #01919453 Listed on: 11/27/2017

Last Buyer's Agent

Brian Nguyen

Realty One Group West License #02036367

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Lot Details

  • 3,900 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Fence is in good condition
  • Level Lot
  • Front Yard Sprinklers
  • Back and Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 2,700 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Family Room
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Gated Parking
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Source of electricity is unknown
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 331
  • Tax Tract Number 2420
  • Assessor Parcel Number 6070002048

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Community Pool

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $7,000
  • Operating Expense $7,000
  • Gross Income $58,800
  • Net Operating Income $58,800

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6070002048
  • Year Built: 2015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, High Ceilings, Pantry
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Levels: Two
  • Price Per Square Foot: 214.44
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Good Condition, Wrought Iron
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport, Concrete, Paved, Gated
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - Unknown
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Sprinkler System, Sprinklers In Front
  • Lot Size Sq Ft: 3900.00

Multi Family

  • Gross Income: 58800.00
  • Gross Scheduled Income: 58800.00
  • Net Operating Income: 58800.00
  • 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 Expenses: 7000.00

Tax Info

  • New Taxes Expense: 7000.00
  • Tax Lot: 331
  • Tax Tract Number: 2420

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2020
Sold by
Truong Keene and Truong Mike
Bought by
Parker Chaton Yvette
Current Estimated Value
$839,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,864
Outstanding Balance
$580,399
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$259,507

Purchase Details

Listed on
Nov 27, 2017
Closed on
Jan 10, 2018
Sold by
Truong Susan Kang Wheaton
Bought by
Truong Mike
Seller's Agent
Randy Mendez
SoCal 5 Real Estate
Buyer's Agent
Brian Nguyen
Realty One Group West
List Price
$599,999
Sold Price
$579,000
Premium/Discount to List
-$20,999
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$434,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 27, 2017
Closed on
Jan 9, 2018
Sold by
Parnass Luis
Bought by
Truong Keene and Truong Mike
Seller's Agent
Randy Mendez
SoCal 5 Real Estate
Buyer's Agent
Brian Nguyen
Realty One Group West
List Price
$599,999
Sold Price
$579,000
Premium/Discount to List
-$20,999
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,250
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2015
Sold by
Parnass Celina
Bought by
Parnass Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,762
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2014
Sold by
Mendez Rene
Bought by
Rmz Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Parker Chaton Yvette $670,000 Fidelity National Title Co
Truong Mike -- Fidelity National Title Comp
Truong Keene $579,000 Fidelity National Title Comp
Parnass Luis -- Pacific Coast Title Company
Parnass Luis $510,000 Pacific Coast Title Company
Rmz Group Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parker Chaton Yvette $657,864
Previous Owner Truong Keene $434,250
Previous Owner Parnass Luis $500,762
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2018 02/09/18 Sold $579,000 -3.5% $214 / Sq Ft
01/24/2018 01/24/18 For Sale $599,999 0.0% $222 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
11/27/2017 11/27/17 For Sale $599,999 -- $222 / 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 $9,214 $732,740 $328,093 $404,647
2024 $9,214 $718,373 $321,660 $396,713
2023 $9,040 $704,288 $315,353 $388,935
2022 $8,630 $690,479 $309,170 $381,309
2021 $8,564 $676,941 $303,108 $373,833
2020 $7,784 $602,391 $197,676 $404,715
2019 $7,483 $590,580 $193,800 $396,780
2018 $7,563 $593,028 $145,656 $447,372
2016 $7,050 $570,000 $140,000 $430,000
2015 $797 $63,055 $63,055 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Randy Mendez

    SoCal 5 Real Estate

    Section Image

  • B

    Buyer's Agent in 2018

    Brian Nguyen

    Realty One Group West

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17264485

California Regional Multiple Listing Service (CRMLS)

APN: 6070-002-048

California Los Angeles County Los Angeles 90059 Watts

1419 E 109th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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