NOT LISTED FOR SALE

Estimated Value: $708,000 - $1,095,000

6 Beds
3 Baths
2,002 Sq Ft
$455/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $678,000 $339 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,492/month

23 Days on Market

Highlights

  • Laundry Room
  • Turnkey
  • 1-Story Property

About This Home

As of July 2019

Brand new unit and fully remodeled 2nd unit. READY FOR MOVE IN. TURN KEY READY. You can rent the units for top dollar section 8 or buy and live in them. Both units are 3 bedrooms 2 bath with there own private yard and parking. This property shows well and is just 5 minutes from Downtown La, The Colosseum, LAFC new stadium, metro station and USC. All new kitchen cabinets, electrical, roof, floors, windows, stucco and much much more. Call

Last Agent to Sell the Property

Hernan Hernandez

Laura Mai, Broker License #01161183 Listed on: 05/15/2019

Last Buyer's Agent

Janely Sandoval

Averra Real Estate License #01972257

Averra Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,498 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Turnkey
  • Raised Foundation

Interior Spaces

  • 2,002 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 2282
  • Assessor Parcel Number 5116007008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $8,438
  • Operating Expense $8,438

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5116007008
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 338.66

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7498.00
  • Lot Size Acres: 0.1721

Multi Family

  • Lot Size Area: 7498.0000 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: No
  • Total Expenses: 8438.00

Tax Info

  • New Taxes Expense: 8438.00
  • Tax Census Tract: 2282.20
  • Tax Lot: 8
  • Tax Tract Number: 2282

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Magallanez Family Trust and Magallanez Edward Mendez
Bought by
Magallanez Family Trust and Magallanez
Current Estimated Value
$911,397

Purchase Details

Closed on
Apr 12, 2024
Sold by
Magallanez Family Trust and Magallanez Edward Mendez
Bought by
Magallanez Family Trust and Magallanez

Purchase Details

Listed on
May 15, 2019
Closed on
Jul 25, 2019
Sold by
West Adams Group Llc
Bought by
Magallanez Edward Mendez
Seller's Agent
Hernan Hernandez
Laura Mai, Broker
Buyer's Agent
Janely Sandoval
Averra Real Estate
List Price
$675,000
Sold Price
$678,000
Premium/Discount to List
$3,000
0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%
Original Mortgage
$665,719
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2017
Sold by
Anderson Anthony Dwayne
Bought by
West Adams Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,700
Interest Rate
3.94%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 1, 2017
Sold by
Williams Henry L
Bought by
Anderson Anthony Dwayne and Anderson Jeanette

Purchase Details

Closed on
Oct 14, 2005
Sold by
Chavoya Raymond
Bought by
Chavoya Raymond and Williams Henry L

Purchase Details

Closed on
Jun 7, 1995
Sold by
Bell Floyd
Bought by
Bell Floyd and Chavoya Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
7.63%
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 Buyer Sale Price Title Company
Magallanez Family Trust -- None Listed On Document
Magallanez Family Trust -- None Listed On Document
Magallanez Edward Mendez $678,000 First American Title Company
West Adams Group Llc $325,000 First American Title Company
Anderson Anthony Dwayne $150,000 Fidelity National Title Co
Chavoya Raymond -- None Available
Bell Floyd -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magallanez Edward Mendez $665,719
Previous Owner West Adams Group Llc $501,700
Previous Owner Bell Floyd $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $678,000 +0.4% $339 / Sq Ft
06/07/2019 06/07/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $675,000 0.0% $337 / Sq Ft
05/22/2019 05/22/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $675,000 -- $337 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,103 $741,487 $380,587 $360,900
2024 $9,103 $726,949 $373,125 $353,824
2023 $8,930 $712,696 $365,809 $346,887
2022 $8,520 $698,723 $358,637 $340,086
2021 $8,412 $685,023 $351,605 $333,418
2020 $8,495 $678,000 $348,000 $330,000
2019 $4,176 $331,500 $265,200 $66,300
2018 $3,860 $306,000 $255,000 $51,000
2016 $1,541 $120,911 $76,368 $44,543
2015 $1,519 $119,095 $75,221 $43,874
2014 $1,533 $116,763 $73,748 $43,015
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19114004

California Regional Multiple Listing Service (CRMLS)

APN: 5116-007-008