NOT LISTED FOR SALE

Estimated Value: $725,000 - $799,080

5 Beds
3 Baths
2,024 Sq Ft
$374/Sq Ft Est. Value

Last Sold December 17, 2020

Last sale price $630,000 $311 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,007/month

12 Days on Market

Highlights

  • Ground Level Unit
  • Ceiling Fan
  • East Facing Home
  • Granite Countertops

About This Home

As of December 2020

Amazing two units close to downtown, great investment and coming opportunity zone of Los Angeles. Buyer can live in one unit and rent the other unit. The back unit features tile floors, large kitchen, double basin sink and tons of storage. The three bedroom are very spacious. Two bathroom are updated back unit. Both units have their own private access 2 parking spaces and the own yard. Just minutes away from the new L.A. Coliseum, Bank of California Stadium, USC and much more. Do not miss out on this opportunity investment. The property is sold "AS IS" condition, the seller will not credit for repairs. Contingent upon the seller to find another property and close both escrows at the same time. Both units vacant COE. Thank you.

Last Agent to Sell the Property

Maria Gracia

Power Brokers License #01763301 Listed on: 09/01/2020

Last Buyer's Agent

JESUS ESPINOZA

PONCE & PONCE REALTY, INC License #02090975

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,393

Year Built

  • Built in 1905

Lot Details

  • 5,598 Sq Ft Lot
  • East Facing Home

Interior Spaces

  • 2,024 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • Driveway

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 5118-002-014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,393

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 2024
  • Lot Acreage: 0.1285
  • Probate: No
  • Year Built: 1905
  • Number Of Photos: 22
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 5
  • Kitchen Features: Granite Counters
  • Laundry: Outside
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Gas Dryer Hookup, Garbage Disposal
  • Price Per S Q F T: 308.79

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall Gas
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 56.39
  • Assessed Improvement Value: 92374
  • Assessed Land Percent: 43.61
  • Assessed Land Value: 71449
  • Total Assessed Value: 163823
  • Assessor Parcel Number: 5118-002-014
  • Lot Size Area: 5598

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: detached
  • Vacancy Allow Percent: 100.00
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2024
Sold by
Rios Maria Luisa
Bought by
Maria Rios Living Trust and Rios
Current Estimated Value
$786,918

Purchase Details

Listed on
Sep 1, 2020
Closed on
Nov 17, 2020
Sold by
Flores Joseano S and Delflores Maria Del
Bought by
Rios Maria Luisa
Seller's Agent
Maria Gracia
Power Brokers
Buyer's Agent
JESUS ESPINOZA
PONCE & PONCE REALTY, INC
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Original Mortgage
$472,500
Interest Rate
2.7%
Mortgage Type
New Conventional
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
Maria Rios Living Trust -- None Listed On Document
Rios Maria Luisa $630,000 Wfg Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rios Maria Luisa $472,500
Previous Owner Flores Joseano $250,000
Previous Owner Flores Joseano S $202,482
Previous Owner Flores Joseano S $264,000
Previous Owner Flores Joseano S $225,000
Previous Owner Flores Joseano S $171,500
Previous Owner Flores Joseano S $25,000
Previous Owner Flores Joseano S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2020 12/17/20 Sold $630,000 +0.8% $311 / Sq Ft
11/02/2020 11/02/20 Price Changed $625,000 -3.8% $309 / Sq Ft
11/02/2020 11/02/20 For Sale $650,000 0.0% $321 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $650,000 -- $321 / 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 $8,393 $681,929 $409,158 $272,771
2024 $8,393 $668,559 $401,136 $267,423
2023 $8,233 $655,451 $393,271 $262,180
2022 $7,855 $642,600 $385,560 $257,040
2021 $7,754 $630,000 $378,000 $252,000
2020 $2,433 $173,847 $75,820 $98,027
2019 $2,348 $170,439 $74,334 $96,105
2018 $2,247 $167,098 $72,877 $94,221
2016 $2,129 $160,612 $70,049 $90,563
2015 $2,100 $158,200 $68,997 $89,203
2014 $2,121 $155,102 $67,646 $87,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-628316

The MLS

APN: 5118-002-014