Seller's Agent in 2020
Dan Howard
Compass
(310) 743-6921
44 Total Sales
151 E 98th St Los Angeles, CA 90003
Broadway-Manchester NeighborhoodEstimated Value: $744,786 - $795,000
4
Beds
3
Baths
1,740
Sq Ft
$440/Sq Ft
Est. Value
Highlights
- Park
- Paved or Partially Paved Lot
- Front Yard
- Laundry Room
- Wall Furnace
About This Home
As of May 2020**UPDATE** Just fell out of Escrow due to NO-QM Loan Suspension!** Seller still wants this sold! GREAT RENTS! Amazing Opportunity to OWN an investment property that cash flows in Los Angeles! This home has been owned by the same owner for over 30 years! Two very well maintained properties on the same lot! Each home boast 2 bedrooms and 1-1.75 bath! Both properties are tenant occupied with strong rents and great tenants. Nice quiet street with tons of onsite parking enough for atleast 5/6 cars! Close to the 110 Freeway, LAX, Downtown and much more. These properties are Gems and could be yours quite easily. 2 homes on a lot. Extremely low expenses to maintain. Water-efficient landscaping. You do not want to miss out on these!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 5,369 Sq Ft Lot
- No Common Walls
- Paved or Partially Paved Lot
- Front Yard
- Density is 2-5 Units/Acre
Home Design
- 1,740 Sq Ft Home
- Copper Plumbing
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Utilities
- Wall Furnace
- Septic Type Unknown
Additional Features
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 126
- Tax Tract Number 6214
- Assessor Parcel Number 6052003021
Community Details
Overview
- 2 Buildings
- 2 Units
Recreation
- Park
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $100
- Trash Expense $20
- Water Sewer Expense $100
- Operating Expense $2,600
- Gross Income $37,884
- Net Operating Income $37,884
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2020
Closed on
May 22, 2020
Sold by
Castillo Gary
Bought by
Castillo Teresa
Seller's Agent
Dan Howard
Compass
Buyer's Agent
Jerry Reyes
Hoag Property Management
List Price
$519,900
Sold Price
$530,000
Premium/Discount to List
$10,100
1.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,697
Avg. Annual Appreciation
6.78%
Original Mortgage
$355,000
Outstanding Balance
$314,579
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$451,118
Purchase Details
Listed on
Feb 15, 2020
Closed on
May 4, 2020
Sold by
Christal Benzie
Bought by
Castillo Teresa
Seller's Agent
Dan Howard
Compass
Buyer's Agent
Jerry Reyes
Hoag Property Management
List Price
$519,900
Sold Price
$530,000
Premium/Discount to List
$10,100
1.94%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,000
Outstanding Balance
$314,579
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$451,118
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castillo Teresa | -- | Priority Title | |
| Castillo Teresa | $530,000 | Priority Title | |
| Christal Benzie | -- | Priority Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castillo Teresa | $355,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2020 05/29/20 | Sold | $530,000 | +1.9% | $305 / Sq Ft |
| 04/29/2020 04/29/20 | Pending | -- | -- | -- |
| 04/16/2020 04/16/20 | For Sale | $519,900 | -1.9% | $299 / Sq Ft |
| 03/22/2020 03/22/20 | Off Market | $530,000 | -- | -- |
| 02/15/2020 02/15/20 | For Sale | $519,900 | -- | $299 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,410 | $579,627 | $437,456 | $142,171 |
| 2024 | $7,410 | $568,263 | $428,879 | $139,384 |
| 2023 | $7,271 | $557,121 | $420,470 | $136,651 |
| 2022 | $6,945 | $546,198 | $412,226 | $133,972 |
| 2021 | $6,856 | $535,490 | $404,144 | $131,346 |
| 2020 | $1,509 | $79,138 | $25,763 | $53,375 |
| 2019 | $1,464 | $77,587 | $25,258 | $52,329 |
| 2018 | $1,360 | $76,066 | $24,763 | $51,303 |
| 2016 | $1,279 | $73,114 | $23,802 | $49,312 |
| 2015 | $1,260 | $72,017 | $23,445 | $48,572 |
| 2014 | $1,272 | $70,607 | $22,986 | $47,621 |
Source: Public Records
Agents Affiliated with this Home
-
Dan Howard
-
Jerry Reyes
Buyer's Agent in 2020
Jerry Reyes
Hoag Property Management
(714) 376-2601
21 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IN20034838
APN: 6052-003-021
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