NOT LISTED FOR SALE

Estimated Value: $671,000 - $739,000

4 Beds
2 Baths
1,776 Sq Ft
$399/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $720,000 $405 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,386/month

75 Days on Market

Highlights

  • 2 Car Attached Garage
  • Built-In Features
  • 1-Story Property

About This Home

As of July 2024

FANTASTIC INVESTMENT OPPORTUNITY in a prime South LA Location! Assumable FHA Loan at 3.5% !! This Clean and Spacious Duplex promises amazing potential for investors (hold or fix and flip) or owner occupant with a possibility of adding a third ADU unit! Situated in close proximity to highly sought-after areas including USC, DTLA, Expo Park, Leimert Park, West Adams and Jefferson Park, and with easy access to the 110 FWY and Inglewood.The interior of both units has been thoughtfully upgraded to offer modern comforts and style. Both units have Washer/Dryer inside the house. 2 car garage detached, with alley access. Also, the front yard offers ample parking space. It is an ideal opportunity for an owner-occupant looking to supplement their mortgage. The property has an expansive lot, proving ample space for future development. The buyer can also build additional 2 bed / 1 bath unit opening up possibilities for even greater income potential! (The potential additional unit could have its own SEPARATE ENTRANCE through the back alley).(A similar renovated property with upgraded 3 units, right across the street, sold for $1.1m over a year ago!) Whether you are looking to expand your real estate portfolio or buy your first house with a huge upside potential, this property property offers a solid foundation for success! FHA, Conventional and VA Loans welcome!

Last Agent to Sell the Property

Ola Aleksandra Daniel

Real Broker License #02206261 Listed on: 05/30/2024

Real Broker

Last Buyer's Agent

Traci Fellows

eXp Realty of Greater Los Angeles License #01019413

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,639

Year Built

  • Built in 1922

Lot Details

  • 5,700

Interior Spaces

  • 1,776 Sq Ft Home
  • 1-Story Property
  • Built-In Features

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • 5,700 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5003-016-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,639

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1776
  • Lot Acreage: 0.1308
  • Probate: No
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 393.58

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached, Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 36.46
  • Assessed Improvement Value: 187634
  • Assessed Land Percent: 63.54
  • Assessed Land Value: 327020
  • Total Assessed Value: 514654
  • Assessor Parcel Number: 5003-016-027
  • Lot Size Area: 5700

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.80
  • Number Of Units: 2
  • Total Annual Expense: 1800
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Jul 12, 2024
Sold by
Matora Hillary T and Allen-Matora Jasmine M
Bought by
Swan Asha Shadette and Swan La Vania
Seller's Agent
Ola Aleksandra Daniel
Real Broker
Buyer's Agent
Traci Fellows
eXp Realty of Greater Los Angeles
List Price
$699,000
Sold Price
$720,000
Premium/Discount to List
$21,000
3%
Views
103
Current Estimated Value
$709,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,984
Avg. Annual Appreciation
-1.35%
Original Mortgage
$706,959
Outstanding Balance
$699,764
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$9,252

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 12, 2018
Sold by
Super Natural Pro Inc
Bought by
Matora Hillary T and Allen Matora Jasmine M
Seller's Agent
Alicia Mongalo
Realty One Group United
Buyer's Agent
Davi Nogueira
Compass
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$471,306
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 2015
Sold by
Super Natural Pro Inc
Bought by
Super Natural Pro Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 2008
Sold by
West A & A Investments Llc
Bought by
Super Natural Inc

Purchase Details

Closed on
May 14, 2007
Sold by
L A Redevelopment Inc
Bought by
West A & A Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2007
Sold by
Green Johnny L
Bought by
L A Redevelopment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,500
Interest Rate
6.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2004
Sold by
Green Lue Della
Bought by
Green Johnny L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.64%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Swan Asha Shadette $720,000 Chicago Title Company
Matora Hillary T $480,000 First American Title Company
Super Natural Pro Inc -- Ort
Super Natural Inc $300,000 Southland Title
West A & A Investments Llc -- None Available
L A Redevelopment Inc $330,000 Fidelity National Title Co
Green Johnny L -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swan Asha Shadette $706,959
Previous Owner Matora Hillary T $40,018
Previous Owner Matora Hillary T $471,974
Previous Owner Matora Hillary T $471,306
Previous Owner Super Natural Pro Inc $180,000
Previous Owner Super Natural Inc $170,000
Previous Owner L A Redevelopment Inc $231,500
Previous Owner Green Johnny L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $720,000 +3.0% $405 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $699,000 0.0% $394 / Sq Ft
06/04/2024 06/04/24 For Sale $699,000 -2.9% $394 / Sq Ft
05/30/2024 05/30/24 Off Market $720,000 -- --
05/30/2024 05/30/24 For Sale $799,000 +11.0% $450 / Sq Ft
05/28/2024 05/28/24 Off Market $720,000 -- --
04/14/2024 04/14/24 For Sale $799,000 +66.5% $450 / Sq Ft
11/26/2018 11/26/18 Sold $480,000 -3.0% $270 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $495,000 -- $279 / Sq Ft
Source: The MLS

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 $6,639 $720,000 $525,000 $195,000
2024 $6,639 $524,946 $333,560 $191,386
2023 $6,518 $514,654 $327,020 $187,634
2022 $6,225 $504,563 $320,608 $183,955
2021 $6,141 $494,671 $314,322 $180,349
2020 $6,201 $489,600 $311,100 $178,500
2019 $5,962 $480,000 $305,000 $175,000
2018 $5,400 $431,766 $260,100 $171,666
2016 $4,099 $326,341 $239,318 $87,023
2015 $4,041 $321,440 $235,724 $85,716
2014 $4,068 $315,144 $231,107 $84,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-379885

The MLS

APN: 5003-016-027