NOT LISTED FOR SALE

Estimated Value: $788,000 - $896,555

2 Beds
2 Baths
1,141 Sq Ft
$745/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $455,000 $399 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $5,076/month

13 Days on Market

Highlights

  • RV Access or Parking
  • City Lights View
  • Property is near a park
  • Gated Parking
  • Craftsman Architecture
  • 5-minute walk to Alvarado Terrace Park

About This Home

As of December 2016

Invest in a duplex and live near the heart of Downtown L.A.! 1446 Constance St. boasts proximity to bus stops, the metro rail, & major attractions such as: Staples Center, LA Convention Center, LA Live, Regal Cinemas, L.A. Rams Coliseum stadium, along with top colleges: USC, Mount St. Mary’s, FIDM, Loyola Law School and highly coveted top-rated charter schools. Shopping is nearby at Target, Whole Foods and the 99 cents store. The vast lot is gated with private parking for approx. six to ten vehicles or a boat or RV. Property is under rent control guidelines & has tenants; please do not disturb without an appointment. Property is sold “as-is”, needs TLC, and seller will not make any repairs. The city mentioned that a square footage addition could be permitted, but has to remain as duplex or can be demolished for M1 zoning projects. Please confirm with the city for building & zoning data, along with any future planned projects. Property next-door 1442 Constance St., a single-family home, RD1.5 zoned, is also for sale. They both have very welcoming front porches & are fixer-uppers. Investors, Developers, Contractors, Students & Buyers must view this great investment opportunity!

Last Agent to Sell the Property

Christopher Rubio

Rubio Real Estate License #01959226 Listed on: 09/29/2016

Rubio Real Estate

Last Buyer's Agent

Christopher Rubio

Rubio Real Estate License #01959226 Listed on: 09/29/2016

Rubio Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,525

Year Built

  • Built in 1920

Lot Details

  • 5,738 Sq Ft Lot
  • No Common Walls
  • Northwest Facing Home
  • Wrought Iron Fence
  • Chain Link Fence
  • Garden
  • Front Yard

Property Views

  • City Lights
  • Peek-A-Boo
  • Mountain
  • Neighborhood

Home Design

  • Duplex
  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,141 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Living Room
  • Laminate Flooring
  • Tile Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 8 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Driveway
  • Gated Parking
  • RV Access or Parking

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Living Room Balcony
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Utilities

  • No Heating
  • Source of electricity is unknown
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 16
  • Tax Tract Number 9439
  • Assessor Parcel Number 5135018005

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $300
  • Maintenance Expense $350
  • Trash Expense $100
  • Water Sewer Expense $900
  • New Taxes Expense $650
  • Operating Expense $2,300
  • Gross Income $14,400
  • Net Operating Income $12,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,525

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: LAM1
  • Architectural Style: Craftsman
  • Property Condition: Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5135018005
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Balcony, Ceiling Fan(s), Living Room Balcony, Tile Counters
  • Stories: 1
  • Entry Location: front & rear
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits
  • Entry Level: 4
  • Levels: One
  • Price Per Square Foot: 398.77
  • Room Type: Kitchen, Living Room, Master Bedroom
  • Window Features: Wood Frames

Exterior Features

  • Direction Faces: Northwest
  • Foundation: Raised
  • View: City Lights, Mountain(s), Neighborhood, Peek-A-Boo
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Asphalt, Gated, RV Access/Parking
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Heating: No
  • Laundry: No
  • Electric: Electricity - Unknown
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 5738.00
  • Lot Size Acres: 0.1317

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 14400.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 300.00
  • Lot Size Area: 5738.0000 Square Feet
  • Maintenance Expense: 350.00
  • Net Operating Income: 12100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2300.00
  • Rent Control: Yes
  • Total Expenses: 2300.00

Tax Info

  • New Taxes Expense: 650.00
  • Tax Census Tract: 2243.20
  • Tax Lot: 16
  • Tax Tract Number: 09439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Lindy Trust
Bought by
Ll & Ml Properties Llc
Current Estimated Value
$831,873

Purchase Details

Listed on
Sep 29, 2016
Closed on
Nov 15, 2016
Sold by
Eder James
Bought by
Duttenhaver Linda La Kretz and Lindy Trust
Seller's Agent
Christopher Rubio
Rubio Real Estate
Buyer's Agent
Christopher Rubio
Rubio Real Estate
List Price
$425,000
Sold Price
$455,000
Premium/Discount to List
$30,000
7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%

Purchase Details

Closed on
Oct 16, 1996
Sold by
Eder James
Bought by
Eder James and Eder Carmen
Source: Public Records

Range of Values:

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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
Ll & Ml Properties Llc -- --
Duttenhaver Linda La Kretz $455,000 Chicago Title
Eder James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eder James $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $455,000 +7.1% $399 / Sq Ft
10/12/2016 10/12/16 Pending -- -- --
09/29/2016 09/29/16 For Sale $425,000 -- $372 / 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 $6,525 $528,060 $313,355 $214,705
2024 $6,525 $517,707 $307,211 $210,496
2023 $6,406 $507,557 $301,188 $206,369
2022 $6,117 $497,606 $295,283 $202,323
2021 $6,039 $487,850 $289,494 $198,356
2019 $5,863 $473,382 $280,908 $192,474
2018 $5,745 $464,100 $275,400 $188,700
2016 $633 $38,260 $30,001 $8,259
2015 $627 $37,686 $29,551 $8,135
2014 $646 $36,949 $28,973 $7,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16714407

California Regional Multiple Listing Service (CRMLS)

APN: 5135-018-005