NOT LISTED FOR SALE

Estimated Value: $741,261

4 Beds
2 Baths
2,825 Sq Ft
$262/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $379,000 $134 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,393/month

23 Days on Market

Highlights

  • Fishing
  • Corner Lot
  • 4-minute walk to Pecan Park

About This Home

As of January 2014

FAMILY TRUST AUCTION!!! MIXED USE PROPERTY. COMMERCIAL BUILDING + 2 (2) BEDROOM, 1 BATH UNITS ON A CORNER LOT WITH REAR ALLEY. A PORTION OF THE COMMERCIAL BUILDING HAS A SECTION CURRENTLY SUBLET AS A RESIDENTIAL UNIT (1 BEDROOM, 1 BATH). BALANCE OF THE COMMERCIAL BUILDING INCLUDES 2 BATHROOMS. SEPARATE GAS & ELECTRIC METERS FOR EACH UNIT & COMMERCIAL BUILDING. 1 WATER METER FOR COMMERCIAL BUILDING. 1 WATER METER FOR THE 2 UNITS. GREAT INCOME FIXER PROPERTY. CLOSE TO SCHOOLS, SHOPPING, 101 & 5 FREEWAYS & DOWNTOWN LOS ANGELES. PERSONAL PROPERTY NOT INCLUDED IN SALE. DO NOT DISTURB TENANTS. NO COURT CONFIRMATION.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 11/14/2013

Last Buyer's Agent

Frankie Ho

Coldwell Banker New Century License #00797433

Coldwell Banker New Century

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,874 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 2,825 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 91
  • Tax Tract Number 2
  • Assessor Parcel Number 5172024010

Community Details

Overview

  • 2 Buildings
  • 3 Units

Recreation

  • Fishing

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

3,874 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5172024010
  • Year Built: 1922
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 134.16

Exterior Features

  • Pool Private: No

Utilities

  • Sewer: Unknown
  • Water Source: Public

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 3874.00
  • Lot Size Acres: 0.0890

Multi Family

  • Lot Size Area: 3874.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Waterfront Features: Fishing in Community

Tax Info

  • Tax Lot: 91
  • Tax Tract Number: 2
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2013
Closed on
Dec 12, 2013
Sold by
Ponce Jess and The Jess Ponce Revocable Trust
Bought by
Li Qin
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
Frankie Ho
Coldwell Banker New Century
List Price
$259,000
Sold Price
$379,000
Premium/Discount to List
$120,000
46.33%
Current Estimated Value
$741,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,261
Avg. Annual Appreciation
5.67%

Purchase Details

Closed on
Aug 18, 2004
Sold by
Ponce Jess
Bought by
Ponce Jess and Ponce Michael

Purchase Details

Closed on
Apr 5, 2000
Sold by
Ponce Evangelina
Bought by
Ponce Jess

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
8.26%
Mortgage Type
Commercial
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
Li Qin $379,000 Lawyers Title
Ponce Jess -- --
Ponce Jess -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ponce Jess $37,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2014 01/16/14 Sold $379,000 +46.3% $134 / Sq Ft
12/07/2013 12/07/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $259,000 -- $92 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,924 $464,588 $263,554 $201,034
2024 $5,924 $455,480 $258,387 $197,093
2023 $5,816 $446,550 $253,321 $193,229
2022 $5,555 $437,795 $248,354 $189,441
2021 $5,475 $429,212 $243,485 $185,727
2020 $5,525 $424,812 $240,989 $183,823
2019 $5,317 $416,483 $236,264 $180,219
2018 $5,239 $408,318 $231,632 $176,686
2016 $4,987 $392,465 $222,639 $169,826
2015 $4,917 $386,571 $219,295 $167,276
2014 $729 $33,550 $24,574 $8,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR13230933

California Regional Multiple Listing Service (CRMLS)

APN: 5172-024-010

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