NOT LISTED FOR SALE

Estimated Value: $779,000 - $933,000

6 Beds
4 Baths
2,106 Sq Ft
$406/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $489,500 $232 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,268/month

32 Days on Market

Highlights

  • No HOA
  • Garden
  • 1-Story Property

About This Home

As of August 2016

FANTASTIC INVESTMENT OPPORTUNITY!! WONDERFUL DUPLEX NEAR DOWN TOWN LA. BOTH UNITS TO DELIVER VACANT!!. THE BUILDING CONSISTS OF THREE BEDROOM-TWO RESTROOM UNITS. UNIT IS PERFECT FOR AN OWNER OCCUPANT AND RENT THE OTHER. DUPLEX WAS RENOVATED A FEW YEARS AGO. BACK UNIT WAS A BRAND NEW UNIT. PROPERTY CONSIST OF TWO CAR GARAGE, DRIVE WAY FOR 4 CARS AND FRONT PARKING FOR TWO CARS FOR THE FRONT UNIT.

Last Agent to Sell the Property

Daniel Caldera

The Ave License #01914969 Listed on: 05/19/2016

Last Buyer's Agent

Tony Salazar

AMC Realty License #01179492

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,070

Year Built

  • Built in 1905

Lot Details

  • 5,329 Sq Ft Lot
  • 1 Common Wall
  • Rural Setting
  • Garden

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,106 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 2294
  • Assessor Parcel Number 5101016018

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $400
  • Trash Expense $300
  • Water Sewer Expense $720
  • New Taxes Expense $6,118
  • Operating Expense $7,538
  • Gross Income $14,880
  • Net Operating Income $14,880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,070

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 5101016018
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 232.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden
  • Lot Size Sq Ft: 5329.00
  • Price Per Lot Square Foot: 91.86

Multi Family

  • Gross Income: 14880.00
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 400.00
  • Net Operating Income: 14880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 720.00
  • Rent Control: Yes
  • Total Expenses: 7538.00

Tax Info

  • New Taxes Expense: 6118.00
  • Tax Lot: 44
  • Tax Tract Number: 2294

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Aug 16, 2016
Sold by
Orta Francisco Carpinteiro
Bought by
Alcaraz Guillermo Nava and Gonzalez Glenda M
Seller's Agent
Daniel Caldera
The Ave
Buyer's Agent
Tony Salazar
AMC Realty
List Price
$489,500
Sold Price
$489,500
Current Estimated Value
$854,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,018
Avg. Annual Appreciation
6.38%
Original Mortgage
$480,633
Outstanding Balance
$388,821
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$465,697

Purchase Details

Closed on
Mar 15, 2013
Sold by
Orta Francisco Carpinteiro
Bought by
Orta Francisco Carpinteiro and Vazquez Buenaventura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,600
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2008
Sold by
Ortiz Investments Inc
Bought by
Orta Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,169
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2008
Sold by
Us Bank Na
Bought by
Ortiz Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
Williams Antonio
Bought by
Us Bank Na and The Bnc Mortgage Loan Trust 2006-2

Purchase Details

Closed on
Jul 19, 2005
Sold by
Williams Antonio
Bought by
Williams Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Williams Antonio Lamont
Bought by
Williams Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2004
Sold by
Williams Antonio
Bought by
Williams Antonio

Purchase Details

Closed on
May 28, 2004
Sold by
Johnson Elsie Faye
Bought by
Williams Antonio
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
Alcaraz Guillermo Nava $489,500 Lawyers Title
Orta Francisco Carpinteiro -- Fidelity National Title Co
Orta Francisco $514,000 American Coast Title
Ortiz Investments Inc $255,000 First American Title Company
Us Bank Na $380,000 None Available
Williams Antonio -- --
Williams Antonio -- --
Williams Antonio -- --
Williams Antonio -- --
Johnson Elsie Faye -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcaraz Guillermo Nava $480,633
Previous Owner Orta Francisco Carpinteiro $392,600
Previous Owner Orta Francisco $410,169
Previous Owner Ortiz Investments Inc $407,000
Previous Owner Williams Antonio $369,000
Previous Owner Williams Antonio $30,000
Previous Owner Williams Antonio $280,000
Previous Owner Williams Antonio $177,750
Previous Owner Williams Antonio $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $489,500 0.0% $232 / Sq Ft
06/20/2016 06/20/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $489,500 -- $232 / 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 $7,070 $568,099 $243,720 $324,379
2024 $7,070 $556,961 $238,942 $318,019
2023 $6,937 $546,041 $234,257 $311,784
2022 $6,621 $535,335 $229,664 $305,671
2021 $6,533 $524,839 $225,161 $299,678
2019 $6,342 $509,275 $218,484 $290,791
2018 $6,222 $499,290 $214,200 $285,090
2016 $6,792 $558,809 $277,392 $281,417
2015 $6,693 $550,416 $273,226 $277,190
2014 $6,722 $539,635 $267,874 $271,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16107341

California Regional Multiple Listing Service (CRMLS)

APN: 5101-016-018