NOT LISTED FOR SALE

1421 E 61st St Los Angeles, CA 90001

Florence-Graham Neighborhood

Estimated Value: $789,000 - $945,000

2 Beds
1 Bath
2,130 Sq Ft
$398/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $499,000 $234 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,204/month

56 Days on Market

About This Home

As of May 2017

GREAT 3 UNITS ON A NON RENT CONTROL AREA. ALL RENT IT WITH LONG TERM TENANTS.
FRONT UNIT 3 BED AND 2 BATH (1BED AND 1 BATH MAY UNPERMITTED ) 2 MORE UNITS 2 BED AND 1 BATH EACH.
BUYER TO INVESTIGATE.DO NOT DISTURB TENANTS PLEASE

Last Agent to Sell the Property

Fernando Ceretti

Berkshire Hathaway H.S.C.P. License #01398211 Listed on: 09/01/2016

Berkshire Hathaway H.S.C.P.

Last Buyer's Agent

Fernando Ceretti

Berkshire Hathaway H.S.C.P. License #01398211 Listed on: 09/01/2016

Berkshire Hathaway H.S.C.P.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,562

Year Built

  • Built in 1959

Lot Details

  • 6,928 Sq Ft Lot
  • No Common Walls

Home Design

  • 2,130 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Parking Available
  • Uncovered Parking

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Assessor Parcel Number 6008027025

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $870
  • Water Sewer Expense $1,236
  • Operating Expense $2,106
  • Gross Income $3,600
  • Net Operating Income $2,106

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,562

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1236.00
  • Property Type: Residential Income
  • Parcel Number: 6008027025
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 234.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6928.00
  • Price Per Lot Square Foot: 72.16
  • Lot Size Acres: 0.1590

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 3100.00
  • Insurance Expense: 870.00
  • Lot Size Area: 6928.0000 Square Feet
  • Net Operating Income: 2106.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Operating Expense: 2106.00
  • Rent Control: No
  • Total Expenses: 2106.00

Tax Info

  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
May 15, 2017
Sold by
Sanchez Amalia
Bought by
Soto Salvador
Seller's Agent
Fernando Ceretti
Berkshire Hathaway H.S.C.P.
Buyer's Agent
Fernando Ceretti
Berkshire Hathaway H.S.C.P.
List Price
$499,900
Sold Price
$499,000
Premium/Discount to List
-$900
-0.18%
Current Estimated Value
$846,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,880
Avg. Annual Appreciation
6.50%

Purchase Details

Closed on
Dec 16, 2016
Sold by
Sandoval Maricela B and Estate Of Margarita Sandoval R
Bought by
Soto Alexis and Soto Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,961
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 2003
Sold by
Rivas Margarita Sandoval and Sandoval Margarita Rivas
Bought by
Rivas Margarita Sandoval

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,300
Interest Rate
5.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 1999
Sold by
Et Al Pimental Ernesto and Hernandez Lu
Bought by
Sandoval Hernandez Abel and Sandoval Rivas Margarita
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
Soto Salvador -- None Available
Soto Alexis $499,000 Wfg
Rivas Margarita Sandoval -- Gateway Title Company
Sandoval Hernandez Abel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soto Alexis $489,961
Previous Owner Rivas Margarita Sandoval $116,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $499,000 -0.2% $234 / Sq Ft
10/27/2016 10/27/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $499,900 -- $235 / 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 $8,562 $579,125 $324,961 $254,164
2024 $8,562 $567,771 $318,590 $249,181
2023 $8,172 $556,640 $312,344 $244,296
2022 $7,818 $545,726 $306,220 $239,506
2021 $7,730 $535,026 $300,216 $234,810
2020 $7,783 $529,541 $297,138 $232,403
2019 $7,507 $519,159 $291,312 $227,847
2018 $7,356 $508,980 $285,600 $223,380
2016 $4,565 $276,700 $197,643 $79,057
2015 $4,502 $272,545 $194,675 $77,870
2014 $4,511 $267,207 $190,862 $76,345
Source: Public Records

Agents Affiliated with this Home

  • Fernando Ceretti

    Seller's Agent in 2017

    Fernando Ceretti

    Berkshire Hathaway H.S.C.P.

    (562) 307-1166

    25 Total Sales

    Fernando Ceretti
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16193173

California Regional Multiple Listing Service (CRMLS)

APN: 6008-027-025

California Los Angeles County Los Angeles 90001 Florence-Graham

1421 E 61st St, Los Angeles, CA

This home is located at 1421 E 61st St, Los Angeles, CA 90001 since 01 September 2016 and is currently estimated at $846,880, approximately $397 per square foot. This property was built in 1959. 1421 E 61st St is a home located in Los Angeles County with nearby schools including Dr. Lawrence H. Moore Math, Science, Technology Academy, Thomas A. Edison Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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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