NOT LISTED FOR SALE

Estimated Value: $592,000 - $627,217

2 Beds
2 Baths
908 Sq Ft
$666/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2014

Last sale price $245,000 $270 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,781 / mo

40 Days on Market

Highlights

  • No HOA
  • Two Homes on a Lot
  • Level Lot

About This Home

As of July 2014

Great Investment Opportunity. Two Houses on a Lot. Both Houses are 2 Bedroom and 1 Bath, but Assessor shows 1 Bedroom and 1 Bath Each. 100% Occupied with Long Term Tenants. Property is located in NON Rent Control Area of Los Angeles and all Tenants are Month to Month. Another Option is to live in one unit and rent the other to subsidize the mortgage payment. Property is being sold AS IS. Drive by Only. Do Not Disturb the Tenants. Write Offers Subject to interior inspection and we will schedule an appointment for viewing.

Last Agent to Sell the Property

Candrus Franklin

Coldwell Banker Envision License #01714323 Listed on: 04/08/2014

Coldwell Banker Envision

Last Buyer's Agent

Martin Meza

Meza Realty License #01737507

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 4,816 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • 908 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Located Outside
  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 2286
  • Assessor Parcel Number 6021004028

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

4,816 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6021004028
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 269.82

Exterior Features

  • Other Structures: Two On A Lot
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Outside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 4816.00
  • Lot Size Acres: 0.1110

Multi Family

  • Lot Size Area: 4816.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 2286
  • Tax Year: 2013

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

Listed on
Apr 8, 2014
Closed on
May 23, 2014
Sold by
Jolly Lacheri A and Wimberly Watson
Bought by
Seller's Agent
Candrus Franklin
Coldwell Banker Envision
Buyer's Agent
Martin Meza
Meza Realty
List Price
$235,000
Sold Price
$245,000
Premium/Discount to List
$10,000
4.26%
Current Estimated Value
$616,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,295
Avg. Annual Appreciation
7.72%
Original Mortgage
$171,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2007
Sold by
Watson Wimberly
Bought by
Watson Wimberly and Watson Bernice M
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
$245,000 Orange Coast Title Company
Watson Wimberly -- None Available
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 $171,500
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
07/10/2014 07/10/14 Sold $245,000 +4.3% $270 / Sq Ft
05/18/2014 05/18/14 Pending -- -- --
04/08/2014 04/08/14 For Sale $235,000 -- $259 / 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
2026 $4,764 $300,331 $222,370 $77,961
2025 $4,764 $294,443 $218,010 $76,433
2024 $4,611 $288,671 $213,736 $74,935
2023 $4,370 $283,012 $209,546 $73,466
2022 $4,186 $277,464 $205,438 $72,026
2021 $4,141 $272,024 $201,410 $70,614
2020 $4,167 $269,235 $199,345 $69,890
2019 $4,024 $263,957 $195,437 $68,520
2018 $3,966 $258,782 $191,605 $67,177
2016 $3,807 $248,735 $184,166 $64,569
2015 $3,753 $245,000 $181,400 $63,600
2014 $1,159 $21,946 $10,575 $11,371
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14081490

California Regional Multiple Listing Service (CRMLS)

APN: 6021-004-028

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