NOT LISTED FOR SALE

1500 Norman Place Los Angeles, CA 90063

Estimated Value: $771,000 - $1,173,000

5 Beds
3 Baths
2,342 Sq Ft
$421/Sq Ft Est. Value

Last Sold March 23, 2015

Last sale price $450,000 $192 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $6,240/month

About This Home

As of March 2015

Property consist of a home with 3 bedrooms and one an half bathrooms, and a unit with 2 bedrooms one bath, the property is in great condition, centrally located it withing easy access to freeways

Last Agent to Sell the Property

Jesus sandoval

Century 21 Masters License #01310141 Listed on: 02/04/2015

Century 21 Masters

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,821

Year Built

  • Built in 1929

Lot Details

  • 4,191 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 2,342 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 500
  • Tax Tract Number 7812
  • Assessor Parcel Number 5226003016

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Trash Expense $480
  • Water Sewer Expense $960
  • New Taxes Expense $5,612
  • Gross Income $1,690
  • Net Operating Income $19,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,821

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 5226003016
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 192.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 4191.00
  • Lot Size Acres: 0.0960

Multi Family

  • Gross Income: 1690.00
  • Gross Scheduled Income: 1810.00
  • Insurance Expense: 600.00
  • Lot Size Area: 4191.0000 Square Feet
  • Net Operating Income: 19680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7652.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5612.00
  • Tax Lot: 500
  • Tax Tract Number: 7812
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2021
Sold by
Torres Estiven Orozco and Martinez Gloria
Bought by
Fuente Alonso Arturo and Diarte Martha
Current Estimated Value
$986,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$755,000
Interest Rate
2.8%
Mortgage Type
VA

Purchase Details

Closed on
Jan 9, 2015
Sold by
Hernandez Pedro and Garcia Aurelia
Bought by
Torres Estiven Orozco and Martinez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,981
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 1996
Sold by
Hernandez Pedro and Fernandez Herbert
Bought by
Hernandez Pedro and Garcia Aurelia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,000
Interest Rate
8.11%

Purchase Details

Closed on
May 3, 1996
Sold by
Garcia Blanche
Bought by
Hernandez Pedro and Fernandez Herbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,370
Interest Rate
7.68%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1996
Sold by
Garcia Aurelia
Bought by
Hernandez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,370
Interest Rate
7.68%
Mortgage Type
FHA
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
Fuente Alonso Arturo $850,000 Fidelity Natl Ttl Co Long Be
Torres Estiven Orozco $450,000 Nations Title Company
Hernandez Pedro -- Gateway Title Company
Hernandez Pedro $149,000 Orange Coast Title
Hernandez Pedro -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fuente Alonso Arturo $755,000
Previous Owner Torres Estiven Orozco $50,000
Previous Owner Torres Estiven Orozco $434,981
Previous Owner Hernandez Pedro $275,000
Previous Owner Hernandez Pedro $210,000
Previous Owner Hernandez Pedro $17,000
Previous Owner Hernandez Pedro $146,370
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $450,000 +0.2% $192 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $449,000 -- $192 / 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 $11,821 $902,026 $578,358 $323,668
2024 $11,821 $884,340 $567,018 $317,322
2023 $11,449 $867,000 $555,900 $311,100
2022 $10,906 $850,000 $545,000 $305,000
2021 $6,908 $499,640 $333,095 $166,545
2020 $6,958 $494,518 $329,680 $164,838
2019 $6,703 $484,822 $323,216 $161,606
2018 $6,605 $475,317 $316,879 $158,438
2016 $6,323 $456,862 $304,575 $152,287
2015 $3,756 $238,494 $115,183 $123,311
2014 $3,760 $233,823 $112,927 $120,896
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jesus sandoval

    Century 21 Masters

    (818) 892-2122

    46 Total Sales

    Jesus sandoval
    Section Image

  • N

    Buyer's Agent in 2015

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    4 in this area

    5,892 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14229365

California Regional Multiple Listing Service (CRMLS)

APN: 5226-003-016

California Los Angeles County Los Angeles 90063

1500 Norman Place, Los Angeles, CA

This home is located at 1500 Norman Place, Los Angeles, CA 90063 since 04 February 2015 and is currently estimated at $986,401, approximately $421 per square foot. This property was built in 1929. 1500 Norman Place is a home located in Los Angeles County with nearby schools including City Terrace Elementary School, El Sereno Middle School, and Woodrow Wilson Senior High.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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