NOT LISTED FOR SALE

1600 E 84th St Los Angeles, CA 90001

Estimated Value: $726,000 - $775,000

5 Beds
2 Baths
1,712 Sq Ft
$435/Sq Ft Est. Value

Last Sold October 12, 2017

Last sale price $450,000 $263 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,493/month

88 Days on Market

About This Home

As of October 2017

Two separate units, one consisting of 3 bedrooms, 1 bath nicely kept and the other unit is 2 bedrooms, 1 bath needs some TLC. Drive by only. Subject to interior inspection. Plenty of parking. Centrally located, close to everything.

Last Agent to Sell the Property

Maria Cervantes

Manna Realty License #01267890 Listed on: 05/15/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 7,750 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,712 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 1-2
  • Tax Tract Number 535
  • Assessor Parcel Number 6027007001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $360
  • Insurance Expense $700
  • Maintenance Expense $500
  • Pest Control $300
  • Trash Expense $550
  • New Taxes Expense $5,625
  • Operating Expense $8,035
  • Gross Income $28,800
  • Net Operating Income $24,063

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Gardener Expense: 360.00
  • Parcel Number: 6027007001
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 262.85

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Pest Control Expense: 300.00
  • Sewer: Public Sewer
  • Trash Expense: 550.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7750.00

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 700.00
  • Maintenance Expense: 500.00
  • Net Operating Income: 24063.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4737.00
  • Rent Control: Yes
  • Total Expenses: 8035.00

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Census Tract: 5351.02
  • Tax Lot: 1-2
  • Tax Tract Number: 535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2018
Sold by
Najarro Rene
Bought by
Cortez Lugardo and Najarro Rene
Current Estimated Value
$745,100

Purchase Details

Listed on
May 15, 2017
Closed on
Aug 30, 2017
Sold by
Sanchez Guillermina and Pineda Reynaldo Pinto
Bought by
Najarro Rene
Seller's Agent
Maria Cervantes
Manna Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$382,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 15, 2017
Closed on
Aug 23, 2017
Sold by
Cortez Carolina Lugardo
Bought by
Najarro Rene
Seller's Agent
Maria Cervantes
Manna Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2004
Sold by
Pineda Reynaldo Pinto and Sanchez Juan Carlos
Bought by
Sanchez Diana and Pineda Reynaldo Pinto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2002
Sold by
Sanchez Juan Carlos and Sanchez Omar
Bought by
Pineda Reynaldo Pinto and Sanchez Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,659
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 1999
Sold by
Gutierrez Maria Luz and Gutierrez Alma R
Bought by
Sanchez Juan Carlos and Sanchez Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,732
Interest Rate
7.76%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cortez Lugardo -- Title Company
Najarro Rene $450,000 Orange Coast Title
Najarro Rene -- Orange Coast Title Co Socal
Sanchez Diana -- Fidelity Long Beach
Pineda Reynaldo Pinto -- California Counties Title Co
Sanchez Juan Carlos $155,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Najarro Rene $382,500
Previous Owner Sanchez Diana $179,000
Previous Owner Pineda Reynaldo Pinto $159,659
Previous Owner Sanchez Juan Carlos $153,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2017 10/12/17 Sold $450,000 0.0% $263 / Sq Ft
08/11/2017 08/11/17 Pending -- -- --
05/15/2017 05/15/17 For Sale $450,000 -- $263 / 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 $7,211 $512,019 $317,225 $194,794
2024 $7,211 $501,980 $311,005 $190,975
2023 $6,924 $492,138 $304,907 $187,231
2022 $6,614 $482,489 $298,929 $183,560
2021 $6,537 $473,029 $293,068 $179,961
2020 $6,583 $468,179 $290,063 $178,116
2019 $6,342 $459,000 $284,376 $174,624
2018 $6,188 $450,000 $278,800 $171,200
2016 $4,093 $275,952 $153,803 $122,149
2015 $4,033 $271,808 $151,493 $120,315
2014 $4,037 $266,485 $148,526 $117,959
Source: Public Records

Agents Affiliated with this Home

  • Maria Cervantes

    Seller's Agent in 2017

    Maria Cervantes

    Manna Realty

    (562) 500-1376

    18 Total Sales

    Maria Cervantes
    Section Image

  • N

    Buyer's Agent in 2017

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    3 in this area

    6,208 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17076981

California Regional Multiple Listing Service (CRMLS)

APN: 6027-007-001

California Los Angeles County Los Angeles 90001

1600 E 84th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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