NOT LISTED FOR SALE

Estimated Value: $550,000 - $647,000

3 Beds
2 Baths
1,092 Sq Ft
$555/Sq Ft Est. Value

Last Sold January 15, 2020

Last sale price $420,000 $385 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,825/month

39 Days on Market

About This Home

As of January 2020

Welcome to this great opportunity to own this beautiful duplex in a high demand area in Los Angeles close to downtown. This home is perfect for investment, large families, or a smaller family looking to live in one and rent the other. This home has 2 separate units. Front unit has 2 bedrooms and 1 bathroom. Back unit has 1 bedroom and 1 bathroom. Both units offer ample space with an open living room and each have their own yard space. This property is located close to freeways, shopping, dining and entertaining. Both units have their own garage and parking space making it just right for all your buying needs, this wont last long!

Last Agent to Sell the Property

Maria Leon

Excellence RE Real Estate License #01447706 Listed on: 11/01/2019

Excellence RE Real Estate

Last Buyer's Agent

ELVIRA RANGEL

FIRST FAMILY HOMES License #01078110

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,605

Year Built

  • Built in 1921

Lot Details

  • 4,402 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 15
  • Tax Tract Number 583
  • Assessor Parcel Number 5101026022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $864
  • Trash Expense $942
  • Water Sewer Expense $282
  • New Taxes Expense $2,785

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,605

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 5627746372
  • Property Attached: No
  • Water Sewer Expenses: 282.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5101026022
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 384.62

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 942.00
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4402.00
  • Lot Size Acres: 0.1011

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 25800.00
  • Insurance Expense: 864.00
  • Lot Size Area: 4402.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 2150.00

Tax Info

  • New Taxes Expense: 2785.00
  • Tax Census Tract: 2328.00
  • Tax Lot: 15
  • Tax Tract Number: 583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2019
Closed on
Dec 11, 2019
Sold by
Ceron Fernando
Bought by
Eufragio Maximiliano and Eufragio Josefina
Seller's Agent
Maria Leon
Excellence RE Real Estate
Buyer's Agent
ELVIRA RANGEL
FIRST FAMILY HOMES
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%
Current Estimated Value
$606,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,396
Avg. Annual Appreciation
6.94%
Original Mortgage
$320,000
Outstanding Balance
$285,141
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$323,072

Purchase Details

Closed on
Feb 28, 2006
Sold by
Ceron Fernando
Bought by
Ceron Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,154
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 13, 2003
Sold by
Jacobo Diana
Bought by
Ceron Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,650
Interest Rate
7.12%

Purchase Details

Closed on
Jan 9, 2003
Sold by
Hud
Bought by
Ceron Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,650
Interest Rate
7.12%

Purchase Details

Closed on
Oct 28, 2002
Sold by
Principal Residential Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 28, 2002
Sold by
Reyes Jairo M Lopez and Gonzalez Angelica
Bought by
Principal Residential Mtg Inc

Purchase Details

Closed on
Mar 29, 1997
Sold by
Rosales Angel Rene and Morales Mario R
Bought by
Reyes Jairo M Lopez
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
Eufragio Maximiliano $420,000 Ticor Title Company Of Ca
Ceron Fernando -- Security Union Title
Ceron Fernando -- Nations
Ceron Fernando $165,000 Nations
Hud -- First American Title Co
Principal Residential Mtg Inc $133,888 First American Title Ins Co
Reyes Jairo M Lopez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eufragio Maximiliano $320,000
Previous Owner Ceron Fernando $133,154
Previous Owner Ceron Fernando $224,000
Previous Owner Ceron Fernando $131,650
Previous Owner Reyes Jairo M Lopez $24,000
Closed Ceron Fernando $32,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2020 01/15/20 Sold $420,000 +1.2% $385 / Sq Ft
12/10/2019 12/10/19 Pending -- -- --
11/01/2019 11/01/19 For Sale $415,000 -- $380 / 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
2024 $5,605 $450,321 $375,269 $75,052
2023 $5,498 $441,492 $367,911 $73,581
2022 $5,244 $432,837 $360,698 $72,139
2021 $5,177 $424,351 $353,626 $70,725
2020 $2,892 $218,695 $87,395 $131,300
2019 $2,785 $214,412 $85,682 $128,730
2018 $2,698 $210,212 $84,002 $126,210
2016 $2,572 $201,859 $80,741 $121,118
2015 $2,537 $198,828 $79,529 $119,299
2014 $2,557 $194,935 $77,972 $116,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19256024

California Regional Multiple Listing Service (CRMLS)

APN: 5101-026-022