NOT LISTED FOR SALE

1516 E 82nd St Los Angeles, CA 90001

Florence-Graham Neighborhood

Estimated Value: $676,703 - $743,000

5 Beds
2 Baths
1,536 Sq Ft
$462/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $430,000 $280 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,293/month

31 Days on Market

About This Home

As of August 2017

Very attractive and well maintained duplex with front 3 bedroom unit renting for $2,000. Front unit has tiles in kitchen and bathrooms, washer/dryer hookups inside unit, 2 side by side carport style parking. Rear is 2 bedroom rented for $1,175 and also has tiles in kitchen and bathroom, with 2 parking spots. Building has gated access. Located in the NON-RENT CONTROL area of Florence-Graham, property is close to Walnut Park, Huntington Park and South Gate. Walking distance to Firestone and Florence Ave for great shopping and dining options. INVESTORS, building is priced to sell with great metrics - 11.29 x Actual Gross Income, 6.5 CAP at 27% expenses, 13.2% 1ST YEAR RETURN with 20% Down and 4.25% financing.

Last Agent to Sell the Property

Sam Sant

Sanjiv Sant License #01224108 Listed on: 06/09/2017

Last Buyer's Agent

Kenneth Moon

License #01428330

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,966

Year Built

  • Built in 2007

Lot Details

  • 4,785

Home Design

  • Duplex

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Covered Parking

Additional Features

  • 4,785 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6028-009-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,966

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1536
  • Probate: No
  • Stories: 1
  • Year Built: 2007
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 279.95

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 114060
  • Assessed Land Value: 88595
  • Assessor Parcel Number: 6028-009-014
  • Geocode Override: No
  • Lot Size Area: 4785

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.29
  • Number Of Units: 2
  • Rent Control: 0
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 12, 2017
Sold by
Dua Arjun and Dua Anuradha
Bought by
Benavidez Damian J
Seller's Agent
Sam Sant
Sanjiv Sant
Buyer's Agent
Kenneth Moon
List Price
$430,000
Sold Price
$430,000
Current Estimated Value
$709,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,176
Avg. Annual Appreciation
6.29%
Original Mortgage
$422,211
Outstanding Balance
$355,595
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$353,582

Purchase Details

Closed on
Jun 8, 2011
Sold by
Olmos Maria G
Bought by
Dua Arjun and Dua Anuradha

Purchase Details

Closed on
Nov 6, 2007
Sold by
Sazegar David
Bought by
Olmos Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Nic Hamill Development Llc
Bought by
Olmos Maria

Purchase Details

Closed on
Apr 21, 2006
Sold by
Woote Evelyn
Bought by
Nic Hamill Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.3%
Mortgage Type
Stand Alone First
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
Benavidez Damian J $430,000 Provident Title Company
Dua Arjun $191,000 None Available
Olmos Maria G -- United Title Co Orange Cty
Olmos Maria -- Accommodation
Nic Hamill Development Llc $345,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benavidez Damian J $422,211
Previous Owner Olmos Maria G $420,000
Previous Owner Nic Hamill Development Llc $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2017 08/18/17 Sold $430,000 0.0% $280 / Sq Ft
06/09/2017 06/09/17 For Sale $430,000 -- $280 / 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 $6,966 $489,259 $366,831 $122,428
2024 $6,966 $479,667 $359,639 $120,028
2023 $6,683 $470,263 $352,588 $117,675
2022 $6,384 $461,043 $345,675 $115,368
2021 $6,312 $452,004 $338,898 $113,106
2019 $6,126 $438,600 $328,848 $109,752
2018 $6,011 $430,000 $322,400 $107,600
2016 $3,294 $202,655 $88,595 $114,060
2015 $3,249 $199,612 $87,265 $112,347
2014 $3,254 $195,703 $85,556 $110,147
Source: Public Records

Agents Affiliated with this Home

  • Sam Sant

    Seller's Agent in 2017

    Sam Sant

    Sanjiv Sant

    (310) 403-9364

    Sam Sant
    Section Image

  • K

    Buyer's Agent in 2017

    Kenneth Moon

  • E

    Buyer's Agent in 2017

    Esthela Arroyo

See All Agents

Map

Source: The MLS

MLS Number: 17-240110

The MLS

APN: 6028-009-014

California Los Angeles County Los Angeles 90001 Florence-Graham

1516 E 82nd St, Los Angeles, CA

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