NOT LISTED FOR SALE

1561 E 106th St Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $626,000 - $768,364

4 Beds
3 Baths
1,806 Sq Ft
$384/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $410,000 $227 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,331/month

3 Days on Market

About This Home

As of October 2018

2 DETACHED UNITS ~ Live in one unit and rent the other, it cannot get any better than this! Property is Front unit has 3 bedrooms 2bath and back unit has 1 bedroom 1 bath with an attached carport that provides direct alley access parking! This property is excellent for first time buyers who are looking for the perfect investment! This income producing property is situated in a prime emerging location near schools, restaurants and shops! Do not miss out on this opportunity- Act Now!

Last Agent to Sell the Property

Patricia Malik

West Shores Realty, Inc. License #01722589 Listed on: 07/13/2018

West Shores Realty, Inc.

Last Buyer's Agent

Patricia Malik

West Shores Realty, Inc. License #01722589 Listed on: 07/13/2018

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,631

Year Built

  • Built in 1958

Lot Details

  • 6,497 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,806 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Covered Parking

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,631

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1806
  • Stories: 1
  • Year Built: 1958
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 237.54

Exterior Features

  • Tennis Court Y/N: No
  • Paved: No
  • Pool: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking
  • Total Parking: 2

Lot Info

  • Assessor Parcel Number: UNAVAILABLE
  • Geocode Override: No
  • Lot Size Area: 6497

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.50
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 6265
  • Type Of Units: DUPLEX
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
Menjivar Santos
Bought by
Novshadyan Armen
Current Estimated Value
$693,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Outstanding Balance
$359,471
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$321,829

Purchase Details

Listed on
Jul 13, 2018
Closed on
Oct 2, 2018
Sold by
Garcia Sandra P
Bought by
Menjivar Santos
Seller's Agent
Patricia Malik
West Shores Realty, Inc.
Buyer's Agent
Patricia Malik
West Shores Realty, Inc.
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.65%
Original Mortgage
$369,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 13, 2018
Closed on
Sep 7, 2018
Sold by
Elmezayen Ali and The Ali Elmezayen Living Trust
Bought by
Menjivar Santos
Seller's Agent
Patricia Malik
West Shores Realty, Inc.
Buyer's Agent
Patricia Malik
West Shores Realty, Inc.
List Price
$429,000
Sold Price
$410,000
Premium/Discount to List
-$19,000
-4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2017
Sold by
Elmezayen Ali
Bought by
Ali Elmezayen Living Trust

Purchase Details

Closed on
Sep 14, 2006
Sold by
Burton Jane
Bought by
Elmezayen Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,600
Interest Rate
6.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2006
Sold by
Durden Joyce A
Bought by
Elmezayen Ali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,600
Interest Rate
6.51%
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
Novshadyan Armen $475,000 Stewart Title
Novshadyan Armen -- Stewart Title
Menjivar Santos -- Old Republic Title Company
Menjivar Santos $410,000 Old Republic Title
Ali Elmezayen Living Trust -- None Available
Elmezayen Ali -- None Available
Elmezayen Ali $408,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novshadyan Armen $403,750
Previous Owner Menjivar Santos $369,000
Previous Owner Elmezayen Ali F $51,300
Previous Owner Elmezayen Ali $400,000
Previous Owner Elmezayen Ali $387,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2018 10/11/18 Sold $410,000 -4.4% $227 / Sq Ft
07/16/2018 07/16/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $429,000 -- $238 / 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 $6,631 $514,154 $378,850 $135,304
2024 $6,631 $504,073 $371,422 $132,651
2023 $6,508 $494,190 $364,140 $130,050
2022 $6,217 $484,500 $357,000 $127,500
2021 $6,135 $475,000 $350,000 $125,000
2020 $5,569 $418,200 $306,000 $112,200
2019 $5,358 $410,000 $300,000 $110,000
2018 $5,617 $430,000 $295,100 $134,900
2016 $4,340 $328,000 $178,100 $149,900
2015 $4,597 $350,000 $190,000 $160,000
2014 $4,237 $312,000 $170,200 $141,800
Source: Public Records

Agents Affiliated with this Home

  • Patricia Malik

    Seller's Agent in 2018

    Patricia Malik

    West Shores Realty, Inc.

    (310) 560-1315

    7 Total Sales

    Patricia Malik
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Map

Source: The MLS

MLS Number: 18-365862

The MLS

APN: 6065-016-012

California Los Angeles County Los Angeles 90002 Watts

1561 E 106th St, Los Angeles, CA

This home is located at 1561 E 106th St, Los Angeles, CA 90002 since 13 July 2018 and is currently estimated at $693,341, approximately $383 per square foot. This property was built in 1958. 1561 E 106th St is a home located in Los Angeles County with nearby schools including Compton Avenue Elementary School, Edwin Markham Middle School, and Jordan High School.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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