NOT LISTED FOR SALE

1460 Wilmington Blvd Los Angeles, CA 90744

Estimated Value: $695,000 - $863,000

4 Beds
4 Baths
1,836 Sq Ft
$422/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $612,000 $333 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,796/month

68 Days on Market

About This Home

As of February 2021

VACANT DUPLEX in Wilmington! Lot size 6,037 zoned C2, with many possibilities! Both units are 2 bedroom & 1 bathroom, that are appx. 900 sqft each. The lot is spacious with potential to build another one or two units in the back. Zoning may allow for many more units for redevelopment, buyer to do his due diligence.

Last Agent to Sell the Property

Gabriel Getter

Elite Residential Realty License #01902670 Listed on: 10/26/2020

Last Buyer's Agent

Eva Quijada

Berkshire Hathaway Hm Ser License #01353972

Berkshire Hathaway Hm Ser

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,150

Year Built

  • Built in 1912

Lot Details

  • 6,038 Sq Ft Lot
  • Lot Dimensions are 50x121
  • No Common Walls
  • Level Lot

Home Design

  • 1,836 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 002
  • Tax Tract Number 6109
  • Assessor Parcel Number 7414035002

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $15,840
  • Net Operating Income $15,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,150

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7414035002
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 333.33

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street
  • Lot Size: 50x121
  • Lot Size Sq Ft: 6038.00
  • Lot Size Acres: 0.1386
  • Latitude Manual: 33.79242300

Multi Family

  • Average2 Bed Area: 900 Square Feet
  • Gross Income: 15840.00
  • Gross Scheduled Income: 15840.00
  • Lot Size Area: 6038.0000 Square Feet
  • Net Operating Income: 15840.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 16080.00

Tax Info

  • Tax Lot: 002
  • Tax Tract Number: 6109

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Doto Echo and Wehinger Lila
Bought by
Doto Echo
Current Estimated Value
$745,341

Purchase Details

Listed on
Oct 26, 2020
Closed on
Feb 5, 2021
Sold by
Manuel Raquel Noemi Martinez
Bought by
Leon Andres Fernando Gonzalez
Seller's Agent
Gabriel Getter
Elite Residential Realty
Buyer's Agent
Eva Quijada
Berkshire Hathaway Hm Ser
List Price
$599,000
Sold Price
$612,000
Premium/Discount to List
$13,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%
Original Mortgage
$600,915
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jan 22, 2021
Sold by
Kingdom Investment And Development Llc
Bought by
Leon Andres Fernando Gonzalez and Lopez Bryan Stanley
Seller's Agent
Gabriel Getter
Elite Residential Realty
Buyer's Agent
Eva Quijada
Berkshire Hathaway Hm Ser
List Price
$599,000
Sold Price
$612,000
Premium/Discount to List
$13,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,915
Interest Rate
2.6%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 10, 2020
Sold by
Leon Robert
Bought by
Kingdom Investment And Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,250
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 20, 2019
Sold by
Hernandez Jose Ramon and Hernandez Anthony
Bought by
Leon Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tegel
Bought by
Tegel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.14%

Purchase Details

Closed on
Oct 3, 1995
Sold by
Hernandez Ramon Z and Hernandez Victoria P
Bought by
Hernandez Ramon Z and Hernandez Victoria P
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
Doto Echo -- None Listed On Document
Leon Andres Fernando Gonzalez -- Stewart Title
Lopez Bryan Stanley -- Stewart Title
Leon Andres Fernando Gonzalez $612,000 Stewart Title
Kingdom Investment And Development Llc $515,000 Stewart Title
Kingdom Investment And Development $515,000 Stewart Title
Leon Robert $435,000 Wfg Title
Tegel -- --
Hernandez Ramon Z -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Leon Andres Fernando Gonzalez $600,915
Previous Owner Kingdom Investment And Development Llc $386,250
Previous Owner Leon Robert $300,000
Previous Owner Tegel --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2021 02/11/21 Sold $612,000 +2.2% $333 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $599,000 0.0% $326 / Sq Ft
12/18/2020 12/18/20 For Sale $599,000 -2.1% $326 / Sq Ft
12/16/2020 12/16/20 Off Market $612,000 -- --
12/16/2020 12/16/20 For Sale $560,000 -8.5% $305 / Sq Ft
12/14/2020 12/14/20 Off Market $612,000 -- --
10/26/2020 10/26/20 For Sale $560,000 -- $305 / 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 $8,150 $662,447 $454,621 $207,826
2024 $8,150 $649,458 $445,707 $203,751
2023 $7,995 $636,724 $436,968 $199,756
2022 $7,628 $624,240 $428,400 $195,840
2021 $6,390 $515,000 $350,000 $165,000
2020 $5,555 $435,000 $315,000 $120,000
2019 $2,981 $225,325 $77,691 $147,634
2018 $2,896 $220,908 $76,168 $144,740
2016 $2,754 $212,331 $73,211 $139,120
2015 $2,716 $209,143 $72,112 $137,031
2014 $2,738 $205,047 $70,700 $134,347
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20226196

California Regional Multiple Listing Service (CRMLS)

APN: 7414-035-002