NOT LISTED FOR SALE

Estimated Value: $760,338

5 Beds
3 Baths
1,854 Sq Ft
$410/Sq Ft Est. Value

Sale Details

Date Sold: October 14, 2020

Last sale price $589,000 $318 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,842 / mo

45 Days on Market

Highlights

  • Two Homes on a Lot
  • Accessible Parking
  • Wire Fence
  • Living Room
  • Tile Flooring
  • Front Yard

About This Home

As of October 2020

A GREAT INVESTMENT OPPORTUNITY. GOOD FOR OWNER OCCUPIED OR INVESTOR TO ADD A INVESTOR PORTFOLIO WITH A GREAT INCOME. property in good condition. Front unit has 3 bedrooms 2 baths, Rear unit features 2 bedrooms one bath. Both unit have their own separate meters for gas and Electricity. Front and back Unit has tile flooring throughout. Plenty of parking space and 2 carport. Near downtown Los Angeles, stores, schools, churches and freeways. Tenants are month to months and will stay in at close of escrow. drive by only. Property will be show with acceptable offer only. This property won't last

Last Agent to Sell the Property

Mercy Monroy

Excellence RE Real Estate, Inc. License #01041725 Listed on: 06/19/2020

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Erika Gomez

Century 21 Masters License #02078945

Century 21 Masters
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 5,195 Sq Ft Lot
  • No Common Walls
  • Wire Fence
  • Front Yard

Home Design

  • Composition Roof
  • Plaster

Interior Spaces

  • 1,854 Sq Ft Home
  • 1-Story Property
  • Window Screens
  • Living Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Utilities

  • 220 Volts
  • Natural Gas Connected

Additional Features

  • Accessible Parking
  • Two Homes on a Lot

Listing and Financial Details

  • Legal Lot and Block 24 / C
  • Tax Tract Number 24
  • Assessor Parcel Number 5116009028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,080
  • Other Expense $1,080
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,120
  • Operating Expense $6,600
  • Gross Income $37,800
  • Net Operating Income $6,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

5,195 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5116009028
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 317.69
  • Room Type: Living Room
  • Window Features: Screens

Exterior Features

  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Wire
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Plaster

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Connected
  • Laundry: No
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5195.00
  • Lot Size Acres: 0.1193

Multi Family

  • Gross Income: 37800.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1080.00
  • Lot Size Area: 5195.0000 Square Feet
  • Net Operating Income: 6600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6120.00
  • Other Expense: 1080.00
  • Other Expense Description: 3120
  • Rent Control: No
  • Total Actual Rent: 3700.00
  • Total Expenses: 6600.00

Tax Info

  • New Taxes Expense: 3120.00
  • Tax Block: C
  • Tax Census Tract: 2282.20
  • Tax Lot: 24
  • Tax Tract Number: 24

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

Closed on
Aug 11, 2020
Sold by
Bought by
Current Estimated Value
$760,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2013
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
$213,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2013
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
$213,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2012
Sold by
Bought by

Purchase Details

Listed on
Mar 12, 2012
Closed on
Mar 27, 2012
Sold by
Bought by
Seller's Agent
Anita Contreras
Coldwell Banker Envision
Buyer's Agent
Armando Torres
The Associates Realty Group
List Price
$199,900
Sold Price
$221,000
Premium/Discount to List
$21,100
10.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%

Purchase Details

Closed on
May 11, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 9, 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
$260,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 24, 1998
Sold by
Bought by

Purchase Details

Closed on
May 6, 1997
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$589,000 Orange Coast Title Company
-- None Available
-- Title 365
-- Title 365
-- None Available
$221,000 Chicago Title Company
$161,415 None Available
-- Commonwealth Title
$115,000 American Title Co
$77,000 --
$81,000 American Title
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
Previous Owner $517,500
Previous Owner $213,500
Previous Owner $260,000
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 Prior Sale
10/14/2020 10/14/20 Sold $589,000 0.0% $318 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $589,000 +73.7% $318 / Sq Ft
08/30/2012 08/30/12 Sold $339,000 0.0% $183 / Sq Ft View Prior Sale
07/25/2012 07/25/12 Pending -- -- --
06/12/2012 06/12/12 For Sale $339,000 +53.4% $183 / Sq Ft
03/30/2012 03/30/12 Sold $221,000 +10.6% $119 / Sq Ft View Prior Sale
03/21/2012 03/21/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $199,900 -- $108 / 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 $7,863 $637,550 $382,098 $255,452
2024 $7,780 $625,050 $374,606 $250,444
2023 $7,631 $612,795 $367,261 $245,534
2022 $7,280 $600,780 $360,060 $240,720
2021 $7,267 $589,000 $353,000 $236,000
2019 $3,263 $248,837 $157,635 $91,202
2018 $3,153 $243,959 $154,545 $89,414
2016 $2,998 $234,488 $148,545 $85,943
2015 $2,957 $230,967 $146,314 $84,653
2014 $2,978 $226,443 $143,448 $82,995
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20119410

California Regional Multiple Listing Service (CRMLS)

APN: 5116-009-028

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