NOT LISTED FOR SALE

1619 E 66th St Los Angeles, CA 90001

Estimated Value: $635,000 - $722,015

4 Beds
2 Baths
1,540 Sq Ft
$447/Sq Ft Est. Value

Last Sold August 15, 2015

Last sale price $325,000 $211 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $4,084/month

46 Days on Market

About This Home

As of August 2015

Fixer upper duplex in great location. Enjoy the convenience of being close to everything. Each units contains 2 Bedrooms and 1 Bath. The units are very independent of each other. This is a great opportunity so bring your paintbrush and hammer.

Last Agent to Sell the Property

Martin Cazarez

Martin Cazarez, Broker License #01038658 Listed on: 04/14/2015

Last Buyer's Agent

Martin Cazarez

Martin Cazarez, Broker License #01038658 Listed on: 04/14/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 8,988 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • 1,540 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 5330
  • Assessor Parcel Number 6010030028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1,000
  • Water Sewer Expense $1,000
  • New Taxes Expense $5,000
  • Gross Income $1,800
  • Net Operating Income $2,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Property Type: Residential Income
  • Parcel Number: 6010030028
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 211.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8988.00
  • Price Per Lot Square Foot: 36.16
  • Lot Size Acres: 0.2060

Multi Family

  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8988.0000 Square Feet
  • Net Operating Income: 2060.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Lot: 26
  • Tax Tract Number: 5330
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2015
Closed on
Jul 10, 2015
Sold by
Reyes Sylvia E
Bought by
Reyes Raul
Seller's Agent
Martin Cazarez
Martin Cazarez, Broker
Buyer's Agent
Martin Cazarez
Martin Cazarez, Broker
List Price
$350,000
Sold Price
$325,000
Premium/Discount to List
-$25,000
-7.14%
Current Estimated Value
$689,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$364,004
Avg. Annual Appreciation
7.47%
Original Mortgage
$264,550
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 4, 2015
Sold by
Reyes Perez Margarita and The Adalberto & Juana Reyes 20
Bought by
Reyes Raul and Diaz Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,550
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2004
Sold by
Reyes Adalberto M and Reyes Juana Rita
Bought by
Reyes Adalberto M and Reyes Juana Rita
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reyes Raul -- Equity Title Orange
Reyes Raul $325,000 Equity Title Orange
Reyes Adalberto M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Raul $264,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2015 08/15/15 Sold $325,000 -7.1% $211 / Sq Ft
05/30/2015 05/30/15 Pending -- -- --
04/14/2015 04/14/15 For Sale $350,000 -- $227 / 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 $5,771 $381,846 $271,899 $109,947
2024 $5,771 $374,360 $266,568 $107,792
2023 $5,511 $367,021 $261,342 $105,679
2022 $5,275 $359,825 $256,218 $103,607
2021 $5,215 $352,771 $251,195 $101,576
2020 $5,249 $349,155 $248,620 $100,535
2019 $5,067 $342,310 $243,746 $98,564
2018 $4,921 $335,599 $238,967 $96,632
2016 $4,716 $322,570 $229,689 $92,881
2015 $1,352 $35,852 $17,520 $18,332
2014 $1,362 $35,150 $17,177 $17,973
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Martin Cazarez

    Martin Cazarez, Broker

    (714) 550-7770

    5 Total Sales

    Martin Cazarez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15078438

California Regional Multiple Listing Service (CRMLS)

APN: 6010-030-028

California Los Angeles County Los Angeles 90001

1619 E 66th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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