NOT LISTED FOR SALE

1500 E 108th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $674,000 - $788,099

4 Beds
2 Baths
1,637 Sq Ft
$445/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $440,000 $269 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,318/month

9 Days on Market

About This Home

As of May 2019

Duplex with detached 2 car garage. Each unit consist of 2 bedrooms and 1 bath, each unit has their own washer and dryer hookups. Front unit- 2 bedroom 1 bath is currently occupied DO NOT disturb occupants. Rear unit- 2 bedroom 1 bath is ready to rent out or move in. Rear unit has new paint, scraped ceilings with lighting package including new lighting fixtures, freshly refinished hardwood flooring throughout, open kitchen and dining room with tile flooring, and bathroom with tiled flooring, tiled shower area and new vanity. Property also has separate electric and gas meters, a large back yard and wrote iron fence and gated driveway. Don’t miss this opportunity, great property to add to your investment portfolio or live one and keep the other rented.

Last Agent to Sell the Property

Steven Guthrie

Platinum Finance Properties License #01440504 Listed on: 04/08/2019

Last Buyer's Agent

Cesar Rivas

Coldwell Banker Envision License #01376869

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 7,694 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • 1,637 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Listing and Financial Details

  • Tax Lot 70
  • Tax Tract Number 2
  • Assessor Parcel Number 6070003017

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6070003017
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 268.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7694.00
  • Lot Size Acres: 0.1766

Multi Family

  • Lot Size Area: 7694.0000 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: Yes

Tax Info

  • Tax Census Tract: 2420.00
  • Tax Lot: 70
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2019
Closed on
May 10, 2019
Sold by
Platinum Finance Properties Inc
Bought by
Ventura David O and Miranda Margarita M
Seller's Agent
Steven Guthrie
Platinum Finance Properties
Buyer's Agent
Cesar Rivas
Coldwell Banker Envision
List Price
$399,900
Sold Price
$440,000
Premium/Discount to List
$40,100
10.03%
Current Estimated Value
$727,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,775
Avg. Annual Appreciation
7.79%
Original Mortgage
$432,030
Outstanding Balance
$379,446
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$348,329

Purchase Details

Closed on
Jan 27, 2018
Sold by
Platinum Finance Properties Inc
Bought by
Vairo John R and Vairo Marina

Purchase Details

Closed on
Dec 7, 2017
Sold by
Castillo Juan
Bought by
Platinum Finance Properties Inc and 611 Ocean Llc

Purchase Details

Listed on
Feb 18, 2014
Closed on
Mar 10, 2014
Sold by
Carlyle Assets Inc
Bought by
Castillo Juan
Seller's Agent
Mishelle Leblanc
Odyssey Realty Group
Buyer's Agent
Mishelle Leblanc
Odyssey Realty Group
List Price
$259,900
Sold Price
$270,000
Premium/Discount to List
$10,100
3.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%
Original Mortgage
$265,109
Interest Rate
4.32%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 2012
Sold by
Vera Elsa
Bought by
Vera Isidro Barragan

Purchase Details

Closed on
Mar 23, 2012
Sold by
Vera Isidro Barragan
Bought by
Carlyle Assets Inc

Purchase Details

Closed on
Jul 22, 2011
Sold by
Nuno Jose L
Bought by
Vera Isidro Barragan

Purchase Details

Closed on
Oct 24, 2007
Sold by
Vera Isidro Barragan
Bought by
Nuno Jose Luis and Vera Isidro Barragan

Purchase Details

Closed on
Oct 9, 2006
Sold by
Garcia Jose Manuel
Bought by
Vera Isidro Barragan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
6.39%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 23, 2005
Sold by
Garcia Jose Manuel
Bought by
Vera Isidro Barragan and Simental Jose Luis Nuno

Purchase Details

Closed on
Jun 15, 2005
Sold by
Garcia Emma Cecilia
Bought by
Garcia Jose Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2005
Sold by
Varm Investments Corp
Bought by
Garcia Jose Mauel

Purchase Details

Closed on
Dec 6, 2004
Sold by
Vargas Marcelino
Bought by
Varm Investments Corp

Purchase Details

Closed on
Aug 17, 2004
Sold by
Velazquez Maria Soledad
Bought by
Vargas Marcelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Gonzalez Rosa
Bought by
Vargas Marcelino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Digrazia Ruben Jose
Bought by
Velazquez Maria Soledad

Purchase Details

Closed on
Jun 4, 2003
Sold by
Digrazia Ruben Jose
Bought by
Digrazia Ruben Jose

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
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 12, 2001
Sold by
Hometown Community Development Corp
Bought by
Digrazia Rueben Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
6.92%

Purchase Details

Closed on
Dec 11, 2000
Sold by
Hud
Bought by
Hometown Community Development Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,700
Interest Rate
7.13%

Purchase Details

Closed on
Mar 29, 2000
Sold by
Citicorp Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Mar 28, 2000
Sold by
Alvarado Martha
Bought by
Citicorp Mtg Inc

Purchase Details

Closed on
May 25, 1998
Sold by
Billones Edwin
Bought by
Alvarado Martha and Navarro Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,755
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1997
Sold by
Billones Charity
Bought by
Billones Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,620
Interest Rate
8.08%

Purchase Details

Closed on
Apr 14, 1997
Sold by
Culp Bennie
Bought by
National Consumers Finance Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,620
Interest Rate
8.08%

Purchase Details

Closed on
Sep 3, 1988
Sold by
Culp Josephine
Bought by
Culp Bennie
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ventura David O $440,000 Lawyers Title Company
Vairo John R -- None Available
Platinum Finance Properties Inc $301,100 None Available
Castillo Juan $270,000 Old Republic Title Company
Vera Isidro Barragan -- Chicago Title Company
Carlyle Assets Inc $110,000 Chicago Title Company
Vera Isidro Barragan -- None Available
Nuno Jose Luis -- American Coast Title
Vera Isidro Barragan -- Ticor Title
Vera Isidro Barragan -- --
Garcia Jose Manuel -- Southland Title Corporation
Garcia Jose Mauel -- Southland Title Company
Varm Investments Corp -- --
Vargas Marcelino $285,000 Ticor Title Company
Vargas Marcelino -- Ticor Title Company
Velazquez Maria Soledad -- --
Digrazia Ruben Jose -- Investors Title Company
Digrazia Rueben Jose $150,000 --
Hometown Community Development Corp $108,000 --
Hud -- --
Citicorp Mtg Inc $200,674 Chicago Title Co
Alvarado Martha $185,000 Gateway Title Company
Billones Edwin -- Orange Coast Title
Billones Edwin $91,000 Orange Coast Title
National Consumers Finance Company $81,376 --
Culp Bennie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventura David O $432,030
Previous Owner Castillo Juan $265,109
Previous Owner Vera Isidro Barragan $445,500
Previous Owner Garcia Jose Manuel $310,400
Previous Owner Vargas Marcelino $256,500
Previous Owner Digrazia Ruben Jose $180,000
Previous Owner Digrazia Rueben Jose $145,500
Previous Owner Hometown Community Development Corp $99,700
Previous Owner Alvarado Martha $179,755
Previous Owner Billones Edwin $94,620
Closed Garcia Jose Manuel $77,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2019 05/14/19 Sold $440,000 0.0% $269 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/16/2019 04/16/19 Price Changed $439,900 +1.1% $269 / Sq Ft
04/15/2019 04/15/19 Price Changed $434,900 +8.8% $266 / Sq Ft
04/08/2019 04/08/19 For Sale $399,900 +48.1% $244 / Sq Ft
04/10/2014 04/10/14 Sold $270,000 +3.9% $165 / Sq Ft View Prior Sale
03/04/2014 03/04/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $259,900 +136.3% $159 / Sq Ft
01/20/2012 01/20/12 Sold $110,000 -18.5% $67 / Sq Ft View Prior Sale
12/28/2011 12/28/11 Pending -- -- --
09/08/2011 09/08/11 Price Changed $135,000 -3.6% $82 / Sq Ft
08/24/2011 08/24/11 Price Changed $140,000 -9.7% $86 / Sq Ft
08/13/2011 08/13/11 For Sale $155,000 -- $95 / 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 $6,468 $490,822 $379,272 $111,550
2024 $6,371 $481,199 $371,836 $109,363
2023 $6,253 $471,765 $364,546 $107,219
2022 $5,975 $462,516 $357,399 $105,117
2021 $5,898 $453,448 $350,392 $103,056
2020 $5,951 $448,800 $346,800 $102,000
2019 $5,949 $459,000 $357,000 $102,000
2018 $5,857 $450,000 $350,000 $100,000
2017 $3,784 $285,183 $211,248 $73,935
2016 $3,683 $279,592 $207,106 $72,486
2015 $3,628 $275,394 $203,996 $71,398
2014 $1,813 $112,708 $92,216 $20,492
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Steven Guthrie

    Platinum Finance Properties

    (714) 379-2370

    16 Total Sales

    Steven Guthrie
    Section Image

  • C

    Buyer's Agent in 2019

    Cesar Rivas

    Coldwell Banker Envision

  • M

    Seller's Agent in 2014

    Mishelle Leblanc

    Odyssey Realty Group

    Section Image

  • D

    Seller's Agent in 2012

    Diana Vizcarra

    Ken Straw, Broker

  • Ash Dudheker

    Buyer's Agent in 2012

    Ash Dudheker

    Hive Realty

    (714) 614-7342

    10 Total Sales

    Ash Dudheker
    Section Image

  • A

    Buyer's Agent in 2012

    Ashish Dudheker

    Keller Williams Costa Mesa

    (949) 392-5255

    Ashish Dudheker
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19078948

California Regional Multiple Listing Service (CRMLS)

APN: 6070-003-017

California Los Angeles County Los Angeles 90059 Watts

1500 E 108th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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