NOT LISTED FOR SALE

Estimated Value: $755,000 - $915,289

5 Beds
3 Baths
1,499 Sq Ft
$534/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $585,000 $390 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,829/month

20 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Tile Flooring

About This Home

As of July 2021

Two houses on a lot. Great opportunity fist time buyers. front house is 3 bedrooms and 2 Baths whit a large driveway up to 3 cars is owner occupied. rear unit is 2 Bedroom one bath with month to month tenants are in good standing with the rent. Gated access front back alley with two car garage and space for up to 3 cars. has Great location near Downtown Los Angeles, close to shopping centers shops, restaurants, markets and schools.

Last Agent to Sell the Property

Mercy Monroy

Excellence RE Real Estate, Inc. License #01041725 Listed on: 05/13/2021

Excellence RE Real Estate, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 5,322 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,499 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 12 / J
  • Assessor Parcel Number 5101013012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $720
  • Other Expense $820
  • Trash Expense $100
  • Water Sewer Expense $100
  • New Taxes Expense $3,000
  • Operating Expense $4,020
  • Gross Income $1,800
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Ad Number: 562 879 4277
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • View: No
  • Water Sewer Expenses: 100.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5101013012
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: No
  • Price Per Square Foot: 390.26

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Walkstreet, Yard
  • Lot Size Sq Ft: 5322.00
  • Lot Size Acres: 0.1222

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 1800.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 720.00
  • Lot Size Area: 5322.0000 Square Feet
  • Net Operating Income: 18000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Other Expense: 820.00
  • Other Expense Description: 3000
  • Rent Control: Yes
  • Total Expenses: 4020.00

Tax Info

  • New Taxes Expense: 3000.00
  • Tax Block: J
  • Tax Census Tract: 2294.10
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2003
Sold by
Reynoso Trinidad and Reynoso Melesia
Bought by
Reynoso Trinidad and Reynoso Melesia
Current Estimated Value
$800,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Outstanding Balance
$73,774
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$726,298

Purchase Details

Closed on
Sep 20, 1999
Sold by
Hale Helen I
Bought by
Reynoso Trinidad and Reynoso Melesia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,781
Interest Rate
7.95%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 1995
Sold by
Peterson Lorraine
Bought by
Hale Helen I
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
Reynoso Trinidad -- United Title Company
Reynoso Trinidad $149,000 United Title Company
Hale Helen I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynoso Trinidad $172,000
Previous Owner Reynoso Trinidad $147,781
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $585,000 +2.8% $390 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $569,000 -- $380 / 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 $7,743 $620,806 $620,806 --
2024 $7,610 $608,634 $608,634 --
2023 $7,465 $596,700 $423,300 $173,400
2022 $7,121 $585,000 $415,000 $170,000
2021 $3,193 $246,925 $111,879 $135,046
2020 $3,221 $244,394 $110,732 $133,662
2019 $3,102 $239,603 $108,561 $131,042
2018 $3,025 $234,906 $106,433 $128,473
2016 $2,880 $225,786 $102,301 $123,485
2015 $2,840 $222,396 $100,765 $121,631
2014 $2,862 $218,041 $98,792 $119,249
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21100535

California Regional Multiple Listing Service (CRMLS)

APN: 5101-013-012