NOT LISTED FOR SALE

1469 1/2 E 109th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $852,000 - $1,044,000

9 Beds
8 Baths
3,771 Sq Ft
$259/Sq Ft Est. Value

Last Sold December 07, 2022

Last sale price $860,000 $228 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,280/month

37 Days on Market

Highlights

  • 4 Car Attached Garage
  • Gated Home
  • South Facing Home
  • Bungalow

About This Home

As of December 2022

2nd PRICE REDUCTION!!! The market has changed, so has the price. Seller is motivated-submit your best offer, lets open escrow. Great opportunity to purchase this 3 detached houses on one lot. 1467 unit is 4 bedroom, 2.5 bath, 1469 and 1469 1/2 are 3 bedroom, 2.5 bath units. The property was built after 1978, so NO rent control. Units are individually metered for electric, gas and water! This property has great upside and future potential.

Last Agent to Sell the Property

Mark Alston

Skyway Realty License #01114113 Listed on: 10/06/2022

Last Buyer's Agent

Mark Alston

Skyway Realty License #01114113 Listed on: 10/06/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,433

Year Built

  • Built in 1992

Lot Details

  • 9,373 Sq Ft Lot
  • South Facing Home
  • Gated Home
  • Property is zoned LAR2

Parking

  • 4 Car Attached Garage
  • 10 Open Parking Spaces

Home Design

  • 3,771 Sq Ft Home
  • Bungalow
  • Split Level Home

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, gardener, water
  • Assessor Parcel Number 6070-003-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,433

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3771
  • Lot Acreage: 0.2152
  • Probate: No
  • Year Built: 1992
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedrooms: 9
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 238.64

Exterior Features

  • Direction Faces: South
  • Other Structures: None
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 10
  • Parking Garage: Attached

Utilities

  • Heating: Combination
  • Security: Gated
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 68.25
  • Assessed Improvement Value: 284444
  • Assessed Land Percent: 31.75
  • Assessed Land Value: 132315
  • Total Assessed Value: 416759
  • Assessor Parcel Number: 6070-003-036
  • Lot Size Area: 9373

Rental Info

  • Tenant Pays: Gas, Electricity, Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9000.00
  • Number Of Units: 3
  • Total Annual Expense: 5848.48
  • Type Of Units: DETACHED
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 5848.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2022
Closed on
Dec 5, 2022
Sold by
Bobby James Sanders Revocable Living Tru
Bought by
Bhatia Sandip
Seller's Agent
Mark Alston
Skyway Realty
Buyer's Agent
Mark Alston
Skyway Realty
List Price
$1,100,000
Sold Price
$860,000
Premium/Discount to List
-$240,000
-21.82%
Views
28
Current Estimated Value
$977,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,675
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Sep 21, 2006
Sold by
Sanders Bobby J
Bought by
Sanders Bobby James and Bobby James Sanders Revocable

Purchase Details

Closed on
Mar 30, 2005
Sold by
Sanders Veronica
Bought by
Sanders Bobby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 1994
Sold by
Sanders Bobby J
Bought by
Sanders Bobby J and Sanders Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.21%
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
Bhatia Sandip $860,000 Fidelity National Title
Sanders Bobby James -- None Available
Sanders Bobby J -- Gateway Title Company
Sanders Bobby J -- Pacific Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanders Bobby James $262,500
Previous Owner Sanders Bobby James $216,389
Previous Owner Sanders Bobby James $224,500
Previous Owner Sanders Bobby J $220,000
Previous Owner Sanders Bobby J $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2022 12/07/22 Sold $860,000 -4.4% $228 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/04/2022 11/04/22 Price Changed $899,900 -5.3% $239 / Sq Ft
10/24/2022 10/24/22 Price Changed $949,900 -13.6% $252 / Sq Ft
10/06/2022 10/06/22 For Sale $1,100,000 -- $292 / 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 $11,433 $894,744 $572,220 $322,524
2024 $11,433 $877,200 $561,000 $316,200
2023 $11,221 $860,000 $550,000 $310,000
2022 $5,848 $425,093 $134,961 $290,132
2021 $5,760 $416,759 $132,315 $284,444
2020 $5,807 $412,487 $130,959 $281,528
2019 $5,599 $404,400 $128,392 $276,008
2018 $5,424 $396,472 $125,875 $270,597
2016 $5,038 $381,079 $120,988 $260,091
2015 $4,965 $375,356 $119,171 $256,185
2014 $4,987 $368,004 $116,837 $251,167
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mark Alston

    Skyway Realty

    (310) 665-8694

    1 in this area

    7 Total Sales

    Mark Alston
    Section Image
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Map

Source: The MLS

MLS Number: 22-206835

The MLS

APN: 6070-003-036

California Los Angeles County Los Angeles 90059 Watts

1469 1/2 E 109th St, Los Angeles, CA

This home is located at 1469 1/2 E 109th St, Los Angeles, CA 90059 since 06 October 2022 and is currently estimated at $977,675, approximately $259 per square foot. This property was built in 1992. 1469 1/2 E 109th St is a home located in Los Angeles County with nearby schools including Compton Avenue Elementary School, Edwin Markham Middle School, and Jordan High School.

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