NOT LISTED FOR SALE

Estimated Value: $807,000 - $951,000

4 Beds
2 Baths
1,457 Sq Ft
$606/Sq Ft Est. Value

Last Sold March 28, 2024

Last sale price $915,000 $628 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,144/month

183 Days on Market

Highlights

  • Senior Community
  • 1-Story Property
  • 2-minute walk to Denker Recreation Center
  • Laundry Room

About This Home

As of March 2024

Investors, take note! An amazing opportunity awaits in Los Angeles with a fantastic gated Duplex property. This property boasts two units, each with 2 bedrooms and 1 bathroom, offering a total of 1,457 square feet of living space. Its prime location is just a stone's throw away from Food 4 Less, Denker Recreation Center, Exposition Fish and Poultry Market, schools, and numerous dining options. Don't miss out on this incredible chance!

Last Agent to Sell the Property

Linda Ojeda

Luxury Collective Brokerage Phone: 818-442-7504 License #01240974 Listed on: 04/24/2023

Luxury Collective

Co-Listed By

Gaspare Como

Redfin Corporation Brokerage Phone: 818-442-7504 License #01995848

Last Buyer's Agent

Ethan Xu

Pinnacle Real Estate Group License #01945618

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,954

Year Built

  • Built in 1908

Lot Details

  • 6,799 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,457 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway

Listing and Financial Details

  • Legal Lot and Block 9 / 5
  • Assessor Parcel Number 5041012009

Community Details

Overview

  • Senior Community
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,954

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Price Per Unit: 475000
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5041012009
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Front and side of property
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 628.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: Yes
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6799.00
  • Lot Size Acres: 0.1561

Multi Family

  • Lot Size Area: 6799.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2225.00
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Li Shaojie and He Qiubo
Bought by
1603 36Th Llc
Current Estimated Value
$883,530

Purchase Details

Closed on
Oct 30, 2023
Sold by
Elida Noemi Velasquez Family Trust
Bought by
Li Shaojie and He Qiubo

Purchase Details

Closed on
Jun 2, 2006
Sold by
Velasquez Elida Nomei
Bought by
Velasquez Elida Nomei and Elida Noemi Velasquez Family Trust

Purchase Details

Closed on
Jul 14, 2004
Sold by
Velasquez Elida and Velasquez Mario
Bought by
Velasquez Elida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,800
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 1995
Sold by
Lane L B
Bought by
Velasquez Elida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,340
Interest Rate
8.44%
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
1603 36Th Llc -- None Listed On Document
Li Shaojie $915,000 Monarch Title
Velasquez Elida Nomei -- None Available
Velasquez Elida -- Lawyers Title
Velasquez Elida $122,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Velasquez Elida $392,000
Previous Owner Velasquez Elida $200,800
Previous Owner Velasquez Elida $7,500
Previous Owner Velasquez Elida $111,650
Previous Owner Velasquez Elida $20,000
Previous Owner Velasquez Elida $118,340
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2024 03/28/24 Sold $915,000 -3.7% $628 / Sq Ft
04/24/2023 04/24/23 For Sale $950,000 -- $652 / 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 $3,954 $915,000 $735,000 $180,000
2024 $3,954 $298,571 $246,311 $52,260
2023 $3,887 $292,718 $241,482 $51,236
2022 $3,720 $286,980 $236,748 $50,232
2021 $3,668 $281,354 $232,106 $49,248
2019 $3,565 $273,012 $225,223 $47,789
2018 $3,436 $267,659 $220,807 $46,852
2016 $3,279 $257,268 $212,234 $45,034
2015 $3,234 $253,405 $209,047 $44,358
2014 $3,259 $248,443 $204,953 $43,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23065889

California Regional Multiple Listing Service (CRMLS)

APN: 5041-012-009