NOT LISTED FOR SALE

151 E 69th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $1,302,000 - $1,383,513

3 Beds
2 Baths
1,260 Sq Ft
$1,067/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $470,000 $373 Per Sq Ft

Est. 186% increase in value since last sale

Current estimated payment $7,545/month

1 Day on Market

Highlights

  • Guest House
  • Laundry Room
  • Floor Furnace

About This Home

As of June 2023

Investor's Delight. Great opportunity to attain land in a high development area. Front house and back house, value is in the land. Property to be delivered vacant. Zoned RA2 - Rebuild and value add with additional units. Offers made subject to inspection. Property sold "As is". Broker/Agent does not guarantee the accuracy of data, square footage, lot size, schools, or other information concerning the conditions or features of the property provided by the Seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. DO NOT DISTURB OCCUPANTS OR WALK PROPERTY. DRIVE BY ONLY

Last Agent to Sell the Property

Sherry Mora

Forward Real Estate License #01498103 Listed on: 05/25/2023

Last Buyer's Agent

Sherry Mora

Forward Real Estate License #01498103 Listed on: 05/25/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1909

Lot Details

  • 5,430 Sq Ft Lot
  • Value in Land
  • Property is zoned LAR2

Parking

  • Driveway

Home Design

  • 1,260 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace

Additional Features

  • Laundry Room
  • Guest House

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6011-004-048

Home Details

Home Type

Single Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1260
  • Lot Acreage: 0.1247
  • Probate: No
  • Property Condition: Value Mainly In Land
  • Year Built: 1909
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Common Walls: Detached/No Common Walls
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 316.67

Exterior Features

  • Other Structures: GuestHouse
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Wall/Window
  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Percent: 38.15
  • Assessed Improvement Value: 9672
  • Assessed Land Percent: 61.85
  • Assessed Land Value: 15682
  • Total Assessed Value: 25354
  • Assessor Parcel Number: 6011-004-048
  • Lot Size Area: 5430

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: SFR

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Covarrubias Ruben
Bought by
Hernandez Reina Isabel Romer
Current Estimated Value
$1,344,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,178,265
Outstanding Balance
$1,161,743
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$182,385

Purchase Details

Closed on
Oct 24, 2023
Sold by
Covarrubias Ruben
Bought by
Covarrubias Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
7.18%
Mortgage Type
Construction

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 29, 2023
Sold by
Brooks Sammy James
Bought by
Hymes-Brooks Ida
Seller's Agent
Sherry Mora
Forward Real Estate
Buyer's Agent
Sherry Mora
Forward Real Estate
List Price
$399,000
Sold Price
$470,000
Premium/Discount to List
$71,000
17.79%
Views
200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.24%

Purchase Details

Listed on
May 25, 2023
Closed on
Jun 7, 2023
Sold by
Hymes-Brooks Ida
Bought by
Covarrubias Ruben
Seller's Agent
Sherry Mora
Forward Real Estate
Buyer's Agent
Sherry Mora
Forward Real Estate
List Price
$399,000
Sold Price
$470,000
Premium/Discount to List
$71,000
17.79%
Views
200

Purchase Details

Closed on
Apr 19, 2005
Sold by
Brooks Sammy J
Bought by
Brooks Sammy J and Hymes Brooks Ida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.84%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Reina Isabel Romer $1,200,000 Chicago Title Company
Covarrubias Ruben -- Wfg National Title
Hymes-Brooks Ida -- --
Covarrubias Ruben $470,000 Lawyers Title Company
Brooks Sammy J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Reina Isabel Romer $1,178,265
Previous Owner Covarrubias Ruben $1,075,000
Previous Owner Brooks Sammy J $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2023 06/29/23 Sold $470,000 +17.8% $373 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $399,000 -- $317 / 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 $6,030 $1,224,000 $714,000 $510,000
2024 $6,030 $479,400 $408,000 $71,400
2023 $517 $25,860 $15,995 $9,865
2022 $499 $25,354 $15,682 $9,672
2021 $485 $24,858 $15,375 $9,483
2020 $484 $24,604 $15,218 $9,386
2019 $474 $24,122 $14,920 $9,202
2018 $414 $23,650 $14,628 $9,022
2016 $380 $22,734 $14,061 $8,673
2015 $376 $22,393 $13,850 $8,543
2014 $391 $21,955 $13,579 $8,376
Source: Public Records

Agents Affiliated with this Home

  • Sherry Mora

    Seller's Agent in 2023

    Sherry Mora

    Forward Real Estate

    (562) 888-0839

    1 in this area

    7 Total Sales

    Sherry Mora
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Map

Source: The MLS

MLS Number: 23-266983

The MLS

APN: 6011-004-048

California Los Angeles County Los Angeles 90003 Florence

151 E 69th St, Los Angeles, CA

Not Listed for Sale

Detached

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