NOT LISTED FOR SALE

1437 E 81st St Los Angeles, CA 90001

Estimated Value: $682,000 - $786,000

4 Beds
2 Baths
1,550 Sq Ft
$463/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $600,000 $387 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,711/month

8 Days on Market

Highlights

  • Corner Lot
  • Wrought Iron Fence
  • Front Yard

About This Home

As of December 2021

GREAT INVESTMENT PROPERTY!! This duplex is on a gated corner lot with 2 bedrooms and 1 bath each unit. Property is close to schools, parks, shopping, and freeway.

Last Agent to Sell the Property

Ricardo Garza

EXCELLENCE RE REAL ESTATE License #01369551 Listed on: 10/25/2021

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

Ricardo Garza

EXCELLENCE RE REAL ESTATE License #01369551 Listed on: 10/25/2021

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,534

Year Built

  • Built in 1947

Lot Details

  • 6,223 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Chain Link Fence
  • Corner Lot
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,550 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 50
  • Tax Tract Number 13445
  • Assessor Parcel Number 6028005010
  • $1,060 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,534

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 312500
  • Property Attached: Yes
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6028005010
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 387.10

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • 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: Corner Lot, Front Yard
  • Lot Size Sq Ft: 6223.00
  • Lot Size Acres: 0.1429

Multi Family

  • Lot Size Area: 6223.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5351.01
  • Tax Lot: 50
  • Tax Tract Number: 13445
  • TaxOtherAnnualAssessmentAmount: 1060.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Nov 4, 2021
Sold by
Mendoza Jesus and Mendoza Esperanza
Bought by
Rios Eduardo Leon and Rincon Paulina Martinon
Seller's Agent
Ricardo Garza
EXCELLENCE RE REAL ESTATE
Buyer's Agent
Ricardo Garza
EXCELLENCE RE REAL ESTATE
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$718,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,171
Avg. Annual Appreciation
4.57%
Original Mortgage
$450,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Mendoza Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2008
Sold by
Cornejo Edwin M
Bought by
Deutsche Bank National Trust Co and Financial Asset Securities Corp Soundvie

Purchase Details

Closed on
Nov 13, 2006
Sold by
Cornejo Edwin M
Bought by
Cornejo Edwin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,920
Interest Rate
6.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 21, 2006
Sold by
Joes Manual R and Trust Of Jimmie Mae Dunn
Bought by
Cornejo Edwin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,920
Interest Rate
6.12%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 25, 1994
Sold by
Dunn Jimmie Mae
Bought by
Dunn Jimmie Mae
Source: Public Records

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Range of Values:

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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
Rios Eduardo Leon $600,000 Wfg National Title Company
Mendoza Jesus $255,000 North American Title Company
Deutsche Bank National Trust Co $240,000 Landsafe Title
Cornejo Edwin M -- Investors Title Company
Cornejo Edwin M $540,000 Fidelity National Title Co
Dunn Jimmie Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Eduardo Leon $450,000
Previous Owner Mendoza Jesus $186,250
Previous Owner Mendoza Jesus $191,250
Previous Owner Cornejo Edwin M $431,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $600,000 -4.0% $387 / Sq Ft
10/25/2021 10/25/21 For Sale $625,000 -- $403 / 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
2024 $8,534 $612,000 $408,000 $204,000
2023 $8,223 $600,000 $400,000 $200,000
2022 $7,980 $309,426 $209,927 $99,499
2021 $4,586 $303,360 $205,811 $97,549
2019 $4,456 $294,363 $199,707 $94,656
2018 $4,360 $288,592 $195,792 $92,800
2016 $4,177 $277,388 $188,190 $89,198
2015 $4,117 $273,223 $185,364 $87,859
2014 $4,121 $267,871 $181,733 $86,138
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21235167

California Regional Multiple Listing Service (CRMLS)

APN: 6028-005-010