NOT LISTED FOR SALE

1427 Courtland Ave Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $927,000 - $1,081,000

3 Beds
2 Baths
2,434 Sq Ft
$419/Sq Ft Est. Value

Last Sold June 22, 2016

Last sale price $550,000 $226 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,241/month

46 Days on Market

Highlights

  • Dual Staircase
  • No HOA
  • Accessible Parking
  • Property is near public transit
  • Laundry Room
  • 3-minute walk to Alvarado Terrace Park

About This Home

As of June 2016

These are 2 units consisting of a 1 bedroom downstairs with living room, dining room and kitchen and a laundry room. Upstairs you have a 2 bedroom and one bath, currently is being used as a 5 bedroom, living room/dining room and kitchen. Plenty of gated parking which could easily fit a minimum of 8 -10 cars. Centrally located within walking distance to bus stops, shopping, schools and minutes away from 10 & 110 Freeway.

Last Agent to Sell the Property

Gonzalo Aguilar de Ita

CENTURY 21 REALTY MASTERS License #01744072 Listed on: 01/23/2016

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Gonzalo Aguilar de Ita

CENTURY 21 REALTY MASTERS License #01744072 Listed on: 01/23/2016

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,180

Year Built

  • Built in 1905

Lot Details

  • 6,529 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence

Home Design

  • Shingle Roof

Interior Spaces

  • 2,434 Sq Ft Home
  • Dual Staircase
  • Living Room with Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Converted Bedroom
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 8 Parking Spaces
  • Parking Available
  • Uncovered Parking

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 7 / F
  • Assessor Parcel Number 5135008029

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $260
  • New Taxes Expense $2,708
  • Gross Income $2,380
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,180

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 213-804-4114
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 260.00
  • Property Type: Residential Income
  • Parcel Number: 5135008029
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: 2 Staircases
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 225.97
  • Room Type: Converted Bedroom

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 6529.00
  • Price Per Lot Square Foot: 84.24
  • Lot Size Acres: 0.1500

Multi Family

  • Gross Income: 2380.00
  • Gross Scheduled Income: 28560.00
  • Lot Size Area: 6529.0000 Square Feet
  • Net Operating Income: 27000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1560.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 2708.00
  • Tax Block: F
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2016
Sold by
Ponce Luis
Bought by
Panoussis George A
Current Estimated Value
$1,020,336

Purchase Details

Closed on
Jan 22, 2001
Sold by
Hernandez Maurice A
Bought by
Ponce Luis and Ponce Elsa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,450
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1994
Sold by
Hernandez Maurice A
Bought by
Hernandez Maurice A and Hernandez Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
8.5%
Source: Public Records

Range of Values:

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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
Panoussis George A $550,000 Wfg National Title Co Of Ca
Ponce Luis $82,500 Fidelity National Title Co
Hernandez Maurice A -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panoussis George A $500,000
Closed Panoussis George A $365,000
Previous Owner Ponce Luis $339,500
Previous Owner Ponce Luis $150,000
Previous Owner Ponce Luis $163,070
Previous Owner Ponce Luis $16,800
Previous Owner Ponce Luis $162,413
Previous Owner Ponce Luis $162,450
Previous Owner Hernandez Maurice A $127,500
Previous Owner Hernandez Maurice A $107,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2016 06/22/16 Sold $550,000 -5.0% $226 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
01/23/2016 01/23/16 For Sale $578,888 -- $238 / 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 $8,180 $651,082 $390,649 $260,433
2024 $8,180 $638,317 $382,990 $255,327
2023 $8,031 $625,802 $375,481 $250,321
2022 $7,674 $613,532 $368,119 $245,413
2021 $7,571 $601,502 $360,901 $240,601
2019 $7,353 $583,663 $350,198 $233,465
2018 $7,206 $572,220 $343,332 $228,888
2016 $2,746 $210,011 $126,009 $84,002
2015 $2,709 $206,858 $124,117 $82,741
2014 $2,731 $202,807 $121,686 $81,121
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gonzalo Aguilar de Ita

    CENTURY 21 REALTY MASTERS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16016641

California Regional Multiple Listing Service (CRMLS)

APN: 5135-008-029

California Los Angeles County Los Angeles 90006 Pico-Union

1427 Courtland Ave, Los Angeles, CA

This home is located at 1427 Courtland Ave, Los Angeles, CA 90006 since 23 January 2016 and is currently estimated at $1,020,336, approximately $419 per square foot. This property was built in 1905. 1427 Courtland Ave is a home located in Los Angeles County with nearby schools including Magnolia Avenue Elementary School, Berendo Middle, and West Adams Preparatory High School.

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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