Seller's Agent in 2022
Christopher Rubio
Rubio Real Estate
(415) 799-6542
1 in this area
75 Total Sales
1429 Constance St Los Angeles, CA 90015
Pico-Union NeighborhoodEstimated Value: $814,201 - $1,018,000
7
Beds
4
Baths
2,755
Sq Ft
$343/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Property is near a park
- Private Yard
- City Lights View
- Victorian Architecture
- 4-minute walk to Alvarado Terrace Park
About This Home
As of August 2022Invest or live near the heart of Downtown L.A.! 1429 Constance St. lies in the Pico-Union Historical Preservation Overlay Zone (HPOZ) where you will see a community of beautiful and distinctly styled Victorian, Craftsman & Mission Revival homes, which were designed by well know architects. Easily navigate through the city, to work, school or for fun from nearby bus stops, Metrolink train stations & freeway toll roads. Nearby major attractions: Crypto.com Center, LA Convention Center, LA Live, Regal Cinemas, LAFC stadium & USC college are just blocks away. Nearby shopping at Target, Whole Foods, or the 99 cents store are close for comfort & convenience. The property is situated close to L.A.’s top colleges: USC, Mount St. Mary’s, FIDM, Loyola High, Loyola Law School along with other highly coveted top rated charter schools. The vast lot is gated with private parking for approx. six to ten vehicles or a boat or RV. Another dwelling ADU or square foot extension could be permitted, but has to be under HPOZ guidelines & under RD 1.5 zoning. Please confirm with the city building, safety & zoning department. 1429 Constance needs some TLC but is a fantastic opportunity for Investors, Developers, Contractors, Students & Buyers! Unit A is 1 bed, 1 bath (downstairs, left), Unit B is 3 beds, 1 bath (upstairs, middle), Unit C is 1 bed, 1 bath (downstairs, right) with a separate loft area, Unit D is a studio set up with 1 bath (rear). All with separate electricity, gas, water is shared. Unit A and Unit D are vacant.
Last Agent to Sell the Property
Rubio Real Estate License #01959226 Listed on: 07/01/2022
Co-Listed By
Jocelyn Jauregui
Rubio Real Estate License #01958995
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,995
Year Built
- Built in 1923
Lot Details
- 7,303 Sq Ft Lot
- Two or More Common Walls
- East Facing Home
- Wrought Iron Fence
- Private Yard
- Back and Front Yard
Property Views
- City Lights
- Mountain
- Hills
- Neighborhood
Home Design
- Victorian Architecture
- Quadruplex
- Major Repairs Completed
- Fixer Upper
- Composition Roof
Interior Spaces
- 2,755 Sq Ft Home
- 2-Story Property
- Blinds
- Gas Range
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- Parking Available
- Driveway
- RV Access or Parking
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
- Urban Location
Utilities
- No Heating
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, telephone
- Legal Lot and Block 18 / J
- Tax Tract Number 224
- Assessor Parcel Number 5135019018
- $497 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Trash Expense $400
- Water Sewer Expense $1,000
- Operating Expense $6,956
- Gross Income $33,960
- Net Operating Income $12,124
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2022
Closed on
Aug 3, 2022
Sold by
James Eder And Carmen Eder Revocable Tru
Bought by
Barbara Derbin Reitz Living Trust
Seller's Agent
Christopher Rubio
Rubio Real Estate
Buyer's Agent
Jason Reitz
Rock Realty Group
List Price
$849,998
Sold Price
$856,000
Premium/Discount to List
$6,002
0.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,300
Avg. Annual Appreciation
3.40%
Original Mortgage
$700,000
Outstanding Balance
$672,513
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$272,787
Purchase Details
Closed on
Oct 16, 1996
Sold by
Eder James
Bought by
Eder James and Eder Carmen
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Barbara Derbin Reitz Living Trust | $856,000 | Orange Coast Title | |
| Eder James | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Barbara Derbin Reitz Living Trust | $700,000 | |
| Previous Owner | Eder James | $56,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2022 08/12/22 | Sold | $856,000 | +14.1% | $311 / Sq Ft |
| 07/09/2022 07/09/22 | Pending | -- | -- | -- |
| 07/02/2022 07/02/22 | Price Changed | $749,998 | -11.8% | $272 / Sq Ft |
| 07/01/2022 07/01/22 | For Sale | $849,998 | -- | $309 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,995 | $890,582 | $713,714 | $176,868 |
| 2024 | $10,995 | $873,120 | $699,720 | $173,400 |
| 2023 | $10,840 | $856,000 | $686,000 | $170,000 |
| 2022 | $3,716 | $274,092 | $264,914 | $9,178 |
| 2021 | $3,655 | $268,719 | $259,720 | $8,999 |
| 2019 | $3,556 | $260,750 | $252,017 | $8,733 |
| 2018 | $3,421 | $255,638 | $247,076 | $8,562 |
| 2016 | $3,251 | $245,714 | $237,483 | $8,231 |
| 2015 | $3,208 | $242,024 | $233,916 | $8,108 |
| 2014 | $3,240 | $237,284 | $229,334 | $7,950 |
Source: Public Records
Agents Affiliated with this Home
-
-
J
Seller Co-Listing Agent in 2022
Jocelyn Jauregui
Rubio Real Estate
-
Buyer's Agent in 2022
Jason Reitz
Rock Realty Group
(323) 656-1800
1 in this area
72 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22144115
APN: 5135-019-018
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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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