NOT LISTED FOR SALE

Estimated Value: $942,000 - $1,006,000

3 Beds
2 Baths
1,892 Sq Ft
$517/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $510,000 $270 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $5,802/month

82 Days on Market

Highlights

  • Property is near a park
  • 1-Story Property
  • 3-minute walk to Denker Recreation Center

About This Home

As of March 2017

**Front Unit is NOW Vacant** Fantastic investment opportunity ready to be taken advantage of! Property features 2 separate units, each unit spacious and well maintained. First unit is a 2 bedroom along with a BONUS room, and the rear unit features a 1 bedroom, 1 bath living space. Located near the prestigious USC, Exposition Park, the Natural History Museum, this property is ripe for an investor to, Buy Now, and reap the rewards for years to come, especially with the Los Angeles Rams coming to town! Make an appointment to come see this now, Now!

Last Agent to Sell the Property

Oscar Carlos

Keller Williams Pacific Estates Cerritos License #01887936 Listed on: 10/17/2016

Keller Williams Pacific Estates Cerritos

Last Buyer's Agent

Jose Gutierrez

Century 21 Allstars License #01916296

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,282

Year Built

  • Built in 1926

Lot Details

  • 6,799 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Location

  • Property is near a park
  • Suburban Location

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 2225
  • Assessor Parcel Number 5041016024

Community Details

Overview

  • 2 Buildings

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,264
  • Net Operating Income $27,168

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,282

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR4
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5041016024
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 269.56

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 6799.00

Multi Family

  • Gross Income: 2264.00
  • Gross Scheduled Income: 27168.00
  • Net Operating Income: 27168.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Rent Control: Yes
  • Total Actual Rent: 2264.00

Tax Info

  • Tax Census Tract: 2225.00
  • Tax Lot: 31
  • Tax Tract Number: 2225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2017
Sold by
Perera Luis Campos and Ruiz Maria Teresa
Bought by
Mawji Aly and Mawji Marie Scott
Current Estimated Value
$978,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2006
Sold by
Ruiz Maria Teresa
Bought by
Perera Luis Campos and Ruiz Maria Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 1997
Sold by
Perera Luis C and Ruiz Maria T
Bought by
Ruiz Maria Teresa
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
Mawji Aly $510,000 None Available
Perera Luis Campos -- First American Title Co
Ruiz Maria Teresa -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mawji Aly $408,000
Previous Owner Perera Luis Campos $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/16/2017 03/16/17 Sold $510,000 -1.9% $270 / Sq Ft
01/07/2017 01/07/17 Pending -- -- --
12/14/2016 12/14/16 Price Changed $519,900 -1.0% $275 / Sq Ft
12/13/2016 12/13/16 Price Changed $525,000 -0.9% $277 / Sq Ft
10/17/2016 10/17/16 For Sale $529,900 -- $280 / 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 $7,282 $591,893 $464,232 $127,661
2024 $7,282 $580,288 $455,130 $125,158
2023 $7,147 $568,910 $446,206 $122,704
2022 $6,825 $557,756 $437,457 $120,299
2021 $6,733 $546,821 $428,880 $117,941
2020 $6,798 $541,215 $424,483 $116,732
2019 $6,536 $530,604 $416,160 $114,444
2018 $6,482 $520,200 $408,000 $112,200
2016 $2,004 $148,733 $69,989 $78,744
2015 $1,978 $146,500 $68,938 $77,562
2014 $2,001 $143,631 $67,588 $76,043
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16726737

California Regional Multiple Listing Service (CRMLS)

APN: 5041-016-024