NOT LISTED FOR SALE

159 E 85th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $679,000 - $1,248,000

4 Beds
2 Baths
1,920 Sq Ft
$462/Sq Ft Est. Value

Last Sold March 09, 2012

Last sale price $318,000 $166 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $5,109/month

5 Days on Market

About This Home

As of March 2012

IS ABSOLUTELY THE PERFECT PROPERTY FOR FIRST TIME BUYER WITH VERY LOW BUGET, DUPLEX WITH 3BEDROOMS EACH, SELLER DID A LOT OF NICE RENOVATION WORK, PROPERTY IS SEATING ON CORNER LOT (ONE FACING TO 85TH ST, AND THE NOTHER TO WALL ST)WITH PLENTY OF PARKING ESPACE, BACK PROPERTY IS RENTED UNDER SECCTION 8 PAYING $1900.00 A MONTH.//////REGULAR SALE/////REGULAR SALE////REGULAR SALE

Last Agent to Sell the Property

Minerva Moreno

United Brokers Realty License #01778070 Listed on: 01/13/2012

Last Buyer's Agent

Minerva Moreno

United Brokers Realty License #01778070 Listed on: 01/13/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,065

Year Built

  • Built in 1923

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 40x130

Parking

  • 6 Parking Spaces

Home Design

  • 1,920 Sq Ft Home
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 172
  • Assessor Parcel Number 6030015016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,065

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 6030015016
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 165.63

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 40x130
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1190

Multi Family

  • Gross Multiplier: 165.79
  • Gross Scheduled Income: 1900.00
  • Lot Size Area: 5200.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 7
  • Tax Lot: 172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2025
Sold by
Garcia Pedro Ruiz
Bought by
Pedro Ruiz Garcia Living Trust and Garcia
Current Estimated Value
$886,765

Purchase Details

Listed on
Jan 13, 2012
Closed on
Feb 15, 2012
Sold by
Urban Housing Investors Fund Llc
Bought by
Garcia Pedro Ruiz
Seller's Agent
Minerva Moreno
United Brokers Realty
Buyer's Agent
Minerva Moreno
United Brokers Realty
List Price
$315,000
Sold Price
$318,000
Premium/Discount to List
$3,000
0.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.83%
Original Mortgage
$309,938
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2011
Sold by
Sellassie Joseph
Bought by
Urban Housing Investors Fund Llc

Purchase Details

Closed on
Jun 25, 2007
Sold by
Watkins Geraldine
Bought by
Sellassie Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Watkins Arthur
Bought by
Watkins Geraldine
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
Pedro Ruiz Garcia Living Trust -- None Listed On Document
Garcia Pedro Ruiz $318,000 Calcounties Title Nation
Urban Housing Investors Fund Llc -- None Available
Sellassie Joseph $350,000 Equity Title Company
Watkins Geraldine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Pedro Ruiz $309,938
Previous Owner Sellassie Joseph $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/09/2012 03/09/12 Sold $318,000 +1.0% $166 / Sq Ft
01/18/2012 01/18/12 Pending -- -- --
01/13/2012 01/13/12 For Sale $315,000 -- $164 / 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 $5,065 $399,413 $158,258 $241,155
2024 $5,065 $391,582 $155,155 $236,427
2023 $4,971 $383,905 $152,113 $231,792
2022 $4,747 $376,379 $149,131 $227,248
2021 $4,683 $369,000 $146,207 $222,793
2020 $4,725 $365,217 $144,708 $220,509
2019 $4,547 $358,057 $141,871 $216,186
2018 $4,451 $351,038 $139,090 $211,948
2016 $4,241 $337,409 $133,690 $203,719
2015 $4,182 $332,341 $131,682 $200,659
2014 $4,206 $325,832 $129,103 $196,729
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Minerva Moreno

    United Brokers Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P808785

California Regional Multiple Listing Service (CRMLS)

APN: 6030-015-016

California Los Angeles County Los Angeles 90003 Florence

159 E 85th St, Los Angeles, CA

This home is located at 159 E 85th St, Los Angeles, CA 90003 since 13 January 2012 and is currently estimated at $886,765, approximately $461 per square foot. This property was built in 1923. 159 E 85th St is a home located in Los Angeles County with nearby schools including South Park Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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.

California Regional Multiple Listing Service (CRMLS) 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

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