NOT LISTED FOR SALE

151 E 61st St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $707,000 - $886,000

3 Beds
2 Baths
2,226 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 21, 2013

Last sale price $300,000 $135 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $4,633/month

41 Days on Market

Highlights

  • Walk-In Closet
  • Tile Flooring
  • Wall Furnace
  • Laundry Room
  • Separate Family Room

About This Home

As of August 2013

Nice duplex for investor or stater family.

Last Agent to Sell the Property

JAMES MUHAMMAD

RE/MAX CHAMPIONS License #01225479 Listed on: 05/15/2013

RE/MAX CHAMPIONS

Last Buyer's Agent

Narine Chobanyan

Ganpat Properties License #01788545

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 5,122 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,226 Sq Ft Home
  • Separate Family Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Conventional Septic

Listing and Financial Details

  • Tax Lot 218
  • Tax Tract Number 7
  • Assessor Parcel Number 6006007027

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $75
  • Insurance Expense $139
  • Trash Expense $75
  • Water Sewer Expense $115
  • New Taxes Expense $300
  • Gross Income $750
  • Net Operating Income $800

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 115.00
  • Property Type: Residential Income
  • Parcel Number: 6006007027
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 134.77
  • Room Type: Walk-In Closet, Separate Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Conventional Septic
  • Trash Expense: 75.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5122.00
  • Lot Size Acres: 0.1180

Multi Family

  • Electric Expense: 75.00
  • Gross Income: 750.00
  • Gross Scheduled Income: 2500.00
  • Insurance Expense: 139.00
  • Lot Size Area: 5122.0000 Square Feet
  • Net Operating Income: 800.00
  • 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: 500.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 300.00
  • Tax Lot: 218
  • Tax Tract Number: 7
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2025
Sold by
Mankar Abhijeet D and Sood-Mankar Anita
Bought by
Mankar Revocable Living Trust and Mankar
Current Estimated Value
$812,211

Purchase Details

Listed on
May 15, 2013
Closed on
Jul 22, 2013
Sold by
Kizzee Jamie
Bought by
Mankar Abhijeet D and Sood Mankar Anita
Seller's Agent
JAMES MUHAMMAD
RE/MAX CHAMPIONS
Buyer's Agent
Narine Chobanyan
Ganpat Properties
List Price
$285,000
Sold Price
$300,000
Premium/Discount to List
$15,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%
Original Mortgage
$225,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2010
Sold by
Kizzee Jamie
Bought by
Kizzee Jamie and Muhammad Aminah

Purchase Details

Closed on
Mar 31, 2008
Sold by
Muhammad Larry
Bought by
Kizzee Jaimie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2005
Sold by
Muhammad Aminah
Bought by
Muhammad Larry and Muhammad Aminah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.77%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 19, 2004
Sold by
Muhammad Larry
Bought by
Muhammad Aminah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2001
Sold by
Smith C Brian
Bought by
First Afg Financial Inc

Purchase Details

Closed on
Sep 15, 2000
Sold by
Help Public Service Foundation
Bought by
Smith C Brian and The Holding Agreement

Purchase Details

Closed on
Mar 1, 2000
Sold by
Development Secretary Of Housing And Urban
Bought by
Help Public Service Foundation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.25%

Purchase Details

Closed on
Dec 30, 1996
Sold by
Chemical Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Oct 2, 1996
Sold by
Muhammad Haaziq
Bought by
Chemical Mtg Company
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
Mankar Revocable Living Trust -- None Listed On Document
Mankar Abhijeet D $300,000 First American Title Company
Kizzee Jamie -- None Available
Kizzee Jaimie $600,000 Fidelity National Title Co
Muhammad Larry -- Alliance Title Company
Muhammad Aminah $245,000 Security Union
Muhammad Aminah -- Security Union
First Afg Financial Inc -- --
Smith C Brian -- --
Help Public Service Foundation $79,000 Provident Title
Hud -- --
Chemical Mtg Company $123,028 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mankar Abhijeet D $225,000
Previous Owner Kizzee Jaimie $480,000
Previous Owner Muhammad Larry $328,500
Previous Owner Muhammad Aminah $220,500
Previous Owner Help Public Service Foundation $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2013 08/21/13 Sold $300,000 +5.3% $135 / Sq Ft
06/25/2013 06/25/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $285,000 -- $128 / 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 $4,685 $367,746 $220,649 $147,097
2024 $4,685 $360,536 $216,323 $144,213
2023 $4,599 $353,468 $212,082 $141,386
2022 $4,392 $346,538 $207,924 $138,614
2021 $4,329 $339,745 $203,848 $135,897
2019 $4,204 $329,669 $197,802 $131,867
2018 $4,121 $323,206 $193,924 $129,282
2016 $3,921 $310,658 $186,395 $124,263
2015 $3,866 $305,993 $183,596 $122,397
2014 $3,890 $300,000 $180,000 $120,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    JAMES MUHAMMAD

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2013

    Narine Chobanyan

    Ganpat Properties

    (818) 248-4365

    1 Total Sale

    Narine Chobanyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13090013

California Regional Multiple Listing Service (CRMLS)

APN: 6006-007-027

California Los Angeles County Los Angeles 90003 Florence

151 E 61st St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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