NOT LISTED FOR SALE

Estimated Value: $724,000 - $938,000

6 Beds
4 Baths
2,624 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $600,000 $229 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,203/month

100 Days on Market

About This Home

As of May 2018

Prime location & great potential in this 2 unit property located mins from Downtown LA. Great investment opportunity for Investor or first time Buyers.
Each units has 3 bedrooms,2 bath with spacious living room, dinning area & kitchen. In 2003 additional sqft was added to make both units bigger. Well maintained property with low maintenance. Conveniently located close to schools, USC, New Stadium, LA Live, shopping centers, restaurants, coffee shops, Art District & easy access to freeways. Please do not disturb tenants. A must see.

Last Agent to Sell the Property

Vilma Flores

Calhomes Realty License #01312943 Listed on: 01/01/2018

Last Buyer's Agent

Juan Ramirez

DLP Realty Sales & Loans License #01245671

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,416

Year Built

  • Built in 1927

Lot Details

  • 5,672 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Home Design

  • 2,624 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 6658
  • Assessor Parcel Number 5118004009

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,416

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5118004009
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 228.66

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5672.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1.00

Tax Info

  • Tax Census Tract: 2270.10
  • Tax Lot: 87
  • Tax Tract Number: 6658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
May 2, 2018
Sold by
Overend Jamison Anne
Bought by
Overend Blake
Seller's Agent
Vilma Flores
Calhomes Realty
Buyer's Agent
Juan Ramirez
DLP Realty Sales & Loans
List Price
$624,900
Sold Price
$600,000
Premium/Discount to List
-$24,900
-3.98%
Current Estimated Value
$856,608

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,608
Avg. Annual Appreciation
5.66%
Original Mortgage
$549,450
Outstanding Balance
$475,182
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$420,373

Purchase Details

Listed on
Jan 1, 2018
Closed on
Apr 10, 2018
Sold by
Overeno Blake
Bought by
Contreras Rafael and Contreras Vilma
Seller's Agent
Vilma Flores
Calhomes Realty
Buyer's Agent
Juan Ramirez
DLP Realty Sales & Loans
List Price
$624,900
Sold Price
$600,000
Premium/Discount to List
-$24,900
-3.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,450
Outstanding Balance
$475,182
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$420,373

Purchase Details

Closed on
Jul 3, 2013
Sold by
Eastend Properties Inc
Bought by
Overend Blake

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2013
Sold by
Contreras Rafael H and Contreras Vilma
Bought by
East End Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
3.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 24, 2012
Sold by
Contreras Rafael H and Contreras Vilma
Bought by
Contreras Rafael H and Contreras Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,900
Interest Rate
3.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2006
Sold by
Contreras Rafael H
Bought by
Contreras Rafael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 2004
Sold by
Alamitos Properties Inc
Bought by
Contreras Rafael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2004
Sold by
Contreras Vilma E
Bought by
Contreras Rafael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2003
Sold by
Fuller Kevin
Bought by
Alamitos Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2002
Sold by
Campbell Joeann
Bought by
Fuller Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.13%

Purchase Details

Closed on
Apr 2, 1996
Sold by
Campbell Jo Ann
Bought by
Fuller Kevin

Purchase Details

Closed on
Aug 17, 1993
Sold by
Campbell Joe Ann
Bought by
Campbell Joe Ann
Source: Public Records

Range of Values:

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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
Overend Blake -- Pacific Coast Title
Contreras Rafael $600,000 Pacific Coast Title
Overend Blake $360,000 Lawyers Title La
East End Properties Inc $293,000 None Available
Contreras Rafael H -- None Available
Contreras Rafael H -- Transunion Title & Escrow Of
Contreras Rafael H $320,000 First American Title Co Los
Contreras Rafael H -- First American Title Co Los
Alamitos Properties Inc $96,000 Chicago Title Co
Fuller Kevin -- Orange Coast Title
Fuller Kevin -- --
Campbell Joe Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Rafael $58,047
Open Contreras Rafael $549,450
Previous Owner Overend Blake $270,000
Previous Owner East End Properties Inc $263,000
Previous Owner Gonzalez Adolfo $16,900
Previous Owner Contreras Rafael H $492,000
Previous Owner Contreras Rafael H $375,000
Previous Owner Contreras Rafael H $365,500
Previous Owner Contreras Rafael H $256,000
Previous Owner Alamitos Properties Inc $182,000
Previous Owner Fuller Kevin $55,000
Closed Contreras Rafael H $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2018 05/15/18 Sold $600,000 -4.0% $229 / Sq Ft
04/11/2018 04/11/18 Pending -- -- --
03/23/2018 03/23/18 Price Changed $624,900 0.0% $238 / Sq Ft
03/23/2018 03/23/18 For Sale $624,900 +4.2% $238 / Sq Ft
03/12/2018 03/12/18 Off Market $600,000 -- --
02/16/2018 02/16/18 Price Changed $599,000 0.0% $228 / Sq Ft
02/16/2018 02/16/18 For Sale $599,000 -0.2% $228 / Sq Ft
01/25/2018 01/25/18 Off Market $600,000 -- --
01/01/2018 01/01/18 For Sale $579,000 -- $221 / 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 $18,416 $682,692 $329,967 $352,725
2024 $18,416 $669,307 $323,498 $345,809
2023 $18,256 $656,184 $317,155 $339,029
2022 $17,879 $643,319 $310,937 $332,382
2021 $17,773 $630,706 $304,841 $325,865
2019 $17,543 $612,000 $295,800 $316,200
2018 $4,922 $387,850 $204,699 $183,151
2016 $4,684 $372,791 $196,751 $176,040
2015 $4,617 $367,192 $193,796 $173,396
2014 $4,643 $360,000 $190,000 $170,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18000066

California Regional Multiple Listing Service (CRMLS)

APN: 5118-004-009