Daniel Avendano
Century 21 Allstars
(424) 360-2126
43 Total Sales
1 in Watts
$475,000 Price
1531 E 92nd St Los Angeles, CA 90002
Watts NeighborhoodEstimated Value: $1,107,000 - $1,221,000
6
Beds
2
Baths
3,054
Sq Ft
$383/Sq Ft
Est. Value
About This Home
As of March 2023This prime, 4 unit building, offers a superior unit mix of all 3 bedoom apartments and is not under Los Angeles City Rent Control. All tenants are paying rent and all the units have 2 tandem parking spaces in a gated parking area. Operating expenses are minimal on this building due to its efficient design, including the landlord being responsible for water only. Tenants pay for their own gas, electricity, and trash. Building has been well maintained by current ownership and qualifies for financing at 75% Loan to Value. Rents can be increased February 1st, 2023. The market rent capitalization rate can exceed 9 per cent.
Last Agent to Sell the Property
Mike Marcu, Broker License #00919594 Listed on: 10/14/2022
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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1993
Lot Details
- 5,738 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Home Design
- 3,054 Sq Ft Home
- Quadruplex
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Parking
- 8 Parking Spaces
- Parking Available
- Tandem Uncovered Parking
Additional Features
- Urban Location
- Sewer Paid
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 6044
- Tax Tract Number 7
- Assessor Parcel Number 6044007026
- $952 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- 4 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,570
- Insurance Expense $1,980
- Maintenance Expense $3,874
- Water Sewer Expense $7,138
- New Taxes Expense $14,937
- Operating Expense $29,499
- Gross Income $82,800
- Net Operating Income $53,301
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 7, 2024
Sold by
Pangilinan Alfred and Pangilinan Jeanette
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$855,000
Outstanding Balance
$837,641
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$332,208
Purchase Details
Listed on
Oct 14, 2022
Closed on
Feb 14, 2023
Sold by
Prime Iii Llc
Bought by
Pangilinan Alfred and Pangilinan Jeanette
Seller's Agent
Mike Marcu
Mike Marcu, Broker
Buyer's Agent
Troy Huerta
SRE Matrix Alliance
List Price
$1,295,000
Sold Price
$1,180,000
Premium/Discount to List
-$115,000
-8.88%
Views
28
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Original Mortgage
$650,000
Interest Rate
5.28%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 27, 2018
Sold by
Tellez Jaime
Bought by
Prime Iii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,000
Interest Rate
4.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2008
Sold by
Marci Ann Strange Trust
Bought by
Tellez Jaime
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$586,517
Interest Rate
5.87%
Mortgage Type
FHA
Purchase Details
Closed on
May 1, 2004
Sold by
1531 East 92Nd Street Llc
Bought by
Strange Marci Ann and The Revocable Living Trust Of Marci Ann
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2004
Sold by
Anderson Laurie N
Bought by
1531 East 92Nd St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
4.28%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 18, 2003
Sold by
Anderson Laurie N
Bought by
Anderson Laurie N and Anderson Elizabeth A
Purchase Details
Closed on
Apr 11, 2002
Sold by
Anderson Elizabeth
Bought by
Anderson Laurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 12, 2002
Sold by
Anderson Margaret F
Bought by
Anderson Laurie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,250
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 1, 2001
Sold by
Anderson Margaret F
Bought by
Anderson Laurie and Anderson Elizabeth
Purchase Details
Closed on
May 30, 1997
Sold by
Anderson Laurie
Bought by
Anderson Margaret F
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Watts, CA
-
Daniel Avendano
-
Hector Curiel
Hector Curiel
Curiel Homes
(424) 363-8132
45 Total Sales
2 in Watts
$460,000 Price Range
-
Mario Mariscal
Mario Mariscal
Better Homes and Gardens RE
(562) 471-4695
105 Total Sales
1 in Watts
$670,000 Price
-
Cyrus Mohseni
Cyrus Mohseni
Responds QuicklyThe Keystone Team
(657) 341-0810
178 Total Sales
2 in Watts
$545,000 Price Range
-
Roddy de la Garza
Roddy de la Garza
Epique Realty
(323) 615-1579
118 Total Sales
1 in Watts
$450,000 Price
-
Luis Gallegos
Luis Gallegos
Keller Williams Pacific Estates
(562) 337-3981
35 Total Sales
1 in Watts
$540,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,140,000 | Fidelity National Title | ||
| Pangilinan Alfred | $1,180,000 | Ticor Title | |
| Prime Iii Llc | $790,000 | Fidelity National Title Comp | |
| Tellez Jaime | $635,000 | Commonwealth Land Title | |
| Strange Marci Ann | $465,000 | Southland Title Corporation | |
| 1531 East 92Nd St Llc | -- | Southland Title | |
| Anderson Laurie N | -- | -- | |
| Anderson Laurie N | -- | -- | |
| Anderson Laurie | -- | American Title Co | |
| Anderson Laurie | -- | American Title Co | |
| Anderson Laurie | -- | -- | |
| Anderson Margaret F | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $855,000 | ||
| Previous Owner | Pangilinan Alfred | $840,000 | |
| Previous Owner | Pangilinan Alfred | $90,000 | |
| Previous Owner | Pangilinan Alfred | $650,000 | |
| Previous Owner | Prime Iii Llc | $553,000 | |
| Previous Owner | Prime Iii Llc | $553,000 | |
| Previous Owner | Tellez Jaime | $574,798 | |
| Previous Owner | Tellez Jaime | $586,517 | |
| Previous Owner | Strange Marci Ann | $362,000 | |
| Previous Owner | Anderson Laurie | $276,250 | |
| Previous Owner | Anderson Laurie | $276,250 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/06/2023 03/06/23 | Sold | $1,180,000 | -1.3% | $386 / Sq Ft |
| 01/31/2023 01/31/23 | Pending | -- | -- | -- |
| 12/15/2022 12/15/22 | Price Changed | $1,195,000 | -7.7% | $391 / Sq Ft |
| 10/14/2022 10/14/22 | For Sale | $1,295,000 | -- | $424 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $14,597 | $1,162,800 | $612,000 | $550,800 |
| 2025 | $14,597 | $1,140,000 | $600,000 | $540,000 |
| 2024 | $15,444 | $1,203,600 | $612,000 | $591,600 |
| 2023 | $11,360 | $863,977 | $317,155 | $546,822 |
| 2022 | $10,855 | $847,037 | $310,937 | $536,100 |
| 2021 | $10,712 | $830,430 | $304,841 | $525,589 |
| 2019 | $10,398 | $805,800 | $295,800 | $510,000 |
| 2018 | $9,588 | $733,040 | $294,369 | $438,671 |
| 2016 | $9,145 | $704,578 | $282,940 | $421,638 |
| 2015 | $9,008 | $693,995 | $278,690 | $415,305 |
| 2014 | $9,045 | $680,401 | $273,231 | $407,170 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Marcu
Seller's Agent in 2023
Mike Marcu
Mike Marcu, Broker
(562) 260-0940
1 in this area
19 Total Sales
-
Troy Huerta
Buyer's Agent in 2023
Troy Huerta
SRE Matrix Alliance
(760) 420-5498
1 in this area
13 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC22222671
APN: 6044-007-026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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
Nearby Homes
- 1535 E 92nd St
- 1527 E 92nd St
- 1612 E 92nd St
- 9021 Compton Ave
- 1443 E 92nd St
- 9320 Firth Blvd
- 9324 Firth Blvd
- 8832 Prince Ave
- 9306 Parmelee Ave
- 8818 Prince Ave
- 9536 Compton Ave
- 9544 Compton Ave
- 9568 Maie Ave
- 0 Holmes Ave
- 9549 Defiance Ave
- 9577 Maie Ave
- 1524 1526 E 105th St
- 8820 Beach St
- 1453 E 99th St
- 9200 Firth Blvd
- 1533 E 92nd St
- 1537 E 92nd St
- 1531 E 92nd St Unit 1234
- 1601 E 92nd St
- 9200 Compton Ave
- 1607 E 92nd St
- 1611 E 92nd St
- 1613 E 92nd St Unit 1613 E. 92nd
- 1613 E 92nd St
- 1517 E 92nd St
- 1602 E 92nd St
- 1617 E 92nd St
- 1564 E 92nd St
- 1608 E 92nd St
- 1623 E 92nd St
- 9116 Compton Ave
- 9114 Compton Ave
- 9118 Compton Ave
- 1554 E 92nd St
- 1620 E 92nd St
Your Personal Tour Guide
Ask me questions while you tour the home.