NOT LISTED FOR SALE

Estimated Value: $1,146,000 - $1,362,540

8 Beds
3 Baths
2,654 Sq Ft
$464/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $969,000 $365 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,559/month

47 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Front Yard

About This Home

As of September 2021

Excellent Opportunity to Own this Duplex Located in North University Park within The USC Department of Public Safety Patrol Zone. Rentals are in High
Demand for This Area! The Front House configured with 6 Bedrooms 2 Baths. The Rear House has 2 Bedrooms 1 Bath. This Property is Centrally Located to Downtown Los Angeles, Hollywood, Santa Monica, Venice Beach, and All That Los Angeles Has to Offer!

Last Agent to Sell the Property

VENA RUBALCABA

Cornerstone Realty Group License #01234207 Listed on: 05/05/2021

Cornerstone Realty Group

Last Buyer's Agent

JESUS GARCIA

ROMAN REALTY License #01240742

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,605

Year Built

  • Built in 1906

Lot Details

  • 6,749 Sq Ft Lot
  • No Common Walls
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,654 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 52
  • Assessor Parcel Number 5054026010

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Cable TV Expense $379
  • Electric Expense $2,088
  • Gardener Expense $640
  • Insurance Expense $1,500
  • Trash Expense $500
  • Water Sewer Expense $1,045
  • New Taxes Expense $12,350
  • Operating Expense $18,667
  • Gross Income $69,600
  • Net Operating Income $47,853

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,605

Year Built

Built in 1906

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1045.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 640.00
  • Parcel Number: 5054026010
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 365.11

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 6749.00
  • Lot Size Acres: 0.1549

Multi Family

  • Cable TV Expense: 379.00
  • Electric Expense: 2088.00
  • Gross Income: 69600.00
  • Gross Operating Income: 66120.00
  • Gross Scheduled Income: 69600.00
  • Gross Spendable Income: 47853.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6749.0000 Square Feet
  • Net Operating Income: 47853.00
  • 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: 18677.00
  • Rent Control: Yes
  • Total Expenses: 18667.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 12350.00
  • Tax Census Tract: 2216.01
  • Tax Lot: 52
  • Tax Tract Number: ken...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Sep 21, 2021
Sold by
Dolores Rutilio
Bought by
Dolores Florentin
Seller's Agent
VENA RUBALCABA
Cornerstone Realty Group
Buyer's Agent
JESUS GARCIA
ROMAN REALTY
List Price
$988,888
Sold Price
$969,000
Premium/Discount to List
-$19,888
-2.01%
Current Estimated Value
$1,188,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,836
Avg. Annual Appreciation
6.67%
Original Mortgage
$951,448
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
May 5, 2021
Closed on
Jul 29, 2021
Sold by
Gutierrez Nicholas and Gutierrez Rosa
Bought by
Hernandez Juvenal Lorenzo and Vicente Paula Lorenzo
Seller's Agent
VENA RUBALCABA
Cornerstone Realty Group
Buyer's Agent
JESUS GARCIA
ROMAN REALTY
List Price
$988,888
Sold Price
$969,000
Premium/Discount to List
-$19,888
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$951,448
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2005
Sold by
Gutierrez Vincent and Gutierrez Alma
Bought by
Gutierrez Nicholas and Gutierrez Rosa

Purchase Details

Closed on
Nov 8, 2004
Sold by
Campos Rosendo V and Campos Rosalina
Bought by
Gutierrez Vincent and Gutierrez Alma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,500
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Dolores Florentin -- Corinthian Title Company
Hernandez Juvenal Lorenzo $969,000 Corinthian Title Company
Gutierrez Nicholas -- --
Gutierrez Nicholas -- --
Gutierrez Vincent $430,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Juvenal Lorenzo $951,448
Previous Owner Gutierrez Nicholas $400,000
Previous Owner Gutierrez Vincent $365,500
Previous Owner Campos Jose R $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2021 09/27/21 Sold $969,000 -2.0% $365 / Sq Ft
05/05/2021 05/05/21 For Sale $988,888 -- $373 / 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 $12,605 $1,028,309 $667,499 $360,810
2024 $12,605 $1,008,147 $654,411 $353,736
2023 $12,367 $988,380 $641,580 $346,800
2022 $11,800 $969,000 $629,000 $340,000
2021 $7,897 $630,990 $445,559 $185,431
2020 $7,973 $624,521 $440,991 $183,530
2019 $7,666 $612,277 $432,345 $179,932
2018 $7,526 $600,272 $423,868 $176,404
2016 $7,182 $576,964 $407,409 $169,555
2015 $7,079 $568,299 $401,290 $167,009
2014 $7,113 $557,168 $393,430 $163,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21091323

California Regional Multiple Listing Service (CRMLS)

APN: 5054-026-010