$800,000
SOLD FEB 28, 2025

1444 E 67th St Los Angeles, CA 90001

4 Beds
4 Baths
2,591 Sq Ft
7,243 Sq Ft Lot

Recently Sold

$309 Per Sq Ft

6% Below List Price

377 Days on Market

About This Home

As of February 2025

Great value-add investment opportunity for Investor or Developer in the Florence-Graham Submarket. 3 Units mixed-use with 2 separate buildings on spacious corner lot 7,241 square feet with three addresses on two streets. The first building features storefront retails barber shop, vitamin shop, storage area and 2 bedroom and 1 bathroom apartment. The second building is a detached single family resident. Window and door facing Compton Ave have been replaced. 2 New water main lines replaced. One from Compton Avenue to barbershop (front building). Another one from 67th Street to the individual unit house.

Last Agent to Sell the Property

Katie Chai

ReMax 2000 Realty Brokerage Phone: 909-728-7888 License #01457862 Listed on: 01/25/2024

ReMax 2000 Realty

Last Buyer's Agent

Katie Chai

ReMax 2000 Realty Brokerage Phone: 909-728-7888 License #01457862 Listed on: 01/25/2024

ReMax 2000 Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,243 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,591 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Legal Lot and Block 2 / J
  • Assessor Parcel Number 6010022001
  • $1,979 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Water Meters
  • Insurance Expense $7,902
  • Maintenance Expense $2,160
  • Professional Management Expense $4,378
  • Water Sewer Expense $1,400
  • New Taxes Expense $12,085
  • Operating Expense $27,925
  • Gross Income $87,569
  • Net Operating Income $57,016

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • CapRate: 6.72
  • Professional Management Expense: 4378.00
  • Property Attached: Yes
  • Water Sewer Expenses: 1400.00
  • Zoning: LCC3*
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 6010022001
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 308.76

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lot 6500-9999
  • Lot Size Sq Ft: 7243.00
  • Lot Size Acres: 0.1663

Multi Family

  • Gross Income: 87569.00
  • Gross Multiplier: 9.70
  • Gross Operating Income: 84942.00
  • Gross Scheduled Income: 87569.00
  • Insurance Expense: 7902.00
  • Lot Size Area: 7243.0000 Square Feet
  • Maintenance Expense: 2160.00
  • Net Operating Income: 57016.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 27925.00
  • Rent Control: Yes
  • Total Expenses: 27925.00

Tax Info

  • New Taxes Expense: 12085.00
  • Tax Block: J
  • Tax Census Tract: 5329.00
  • Tax Lot: 2
  • TaxOtherAnnualAssessmentAmount: 1979.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 5, 2025
Sold by
Cnl King Llc
Bought by
Flores Mauricio Adonay Delga and Silva Adriana Raygoza
Seller's Agent
Katie Chai
ReMax 2000 Realty
Buyer's Agent
Katie Chai
ReMax 2000 Realty
List Price
$849,000
Sold Price
$800,000
Premium/Discount to List
-$49,000
-5.77%
Views
53
Current Estimated Value
$828,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,854
Avg. Annual Appreciation
4.26%
Original Mortgage
$600,000
Outstanding Balance
$596,524
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$232,330

Purchase Details

Closed on
Oct 17, 2019
Sold by
Lin Cristopher Cheng Teh
Bought by
Cnl King Llc

Purchase Details

Closed on
Dec 18, 2018
Sold by
Lee Chih Wei and The Chih Wei Lee Retirement Tr
Bought by
Lin Cristopher Cheng Teh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2018
Sold by
Lin Hui Lin
Bought by
Lin Cristopher Cheng Teh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2010
Sold by
Lopez Maria
Bought by
Lee Chih Wei and The Chih Wei Lee Retirement Tr

Purchase Details

Closed on
Apr 18, 2007
Sold by
Lopez Juana
Bought by
Lopez Maria

Purchase Details

Closed on
Oct 19, 2006
Sold by
Lopez Reyes
Bought by
Lopez Juana

Purchase Details

Closed on
Nov 22, 2002
Sold by
Quintanar Luis M and Quintanar Ellia R
Bought by
Lopez Reyes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 8, 1996
Sold by
Lopez Veneranda and Andrade Deborah Diane
Bought by
Quintanar Luis M and Quintanar Etlia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,600
Interest Rate
8.1%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Grant Deed $800,000 California Best Title Company
Quit Claim Deed -- Accommodation
Grant Deed $650,000 Stewart Title
Warranty Deed -- Stewart Title
Trustee Deed $200,000 None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $183,000 Fidelity
Joint Tenancy Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $600,000 New Conventional
Previous Owner $550,000 Purchase Money Mortgage
Previous Owner $144,000 Commercial
Previous Owner $25,600 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $800,000 -3.6% $309 / Sq Ft
02/06/2025 02/06/25 Price Changed $830,000 -2.2% $320 / Sq Ft
02/05/2025 02/05/25 Pending -- -- --
07/15/2024 07/15/24 Price Changed $849,000 0.0% $328 / Sq Ft
07/15/2024 07/15/24 For Sale $849,000 +6.1% $328 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
03/05/2024 03/05/24 Off Market $800,000 -- --
01/25/2024 01/25/24 For Sale $895,000 -- $345 / 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 $10,788 $754,611 $497,607 $257,004
2024 $10,788 $739,815 $487,850 $251,965
2023 $10,615 $725,310 $478,285 $247,025
2022 $10,153 $711,089 $468,907 $242,182
2021 $10,038 $697,147 $459,713 $237,434
2020 $10,108 $690,000 $455,000 $235,000
2019 $9,439 $650,000 $430,000 $220,000
2018 $5,735 $335,539 $225,195 $110,344
2016 $5,495 $322,511 $216,451 $106,060
2015 $5,417 $317,667 $213,200 $104,467
2014 $5,408 $311,445 $209,024 $102,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24015805

California Regional Multiple Listing Service (CRMLS)

APN: 6010-022-001