1626 E 85th St Los Angeles, CA 90001
Estimated Value: $959,000 - $1,079,354
8
Beds
4
Baths
3,300
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- No HOA
- Dog Park
- 3-minute walk to Firestone Station
About This Home
As of May 2023Fourplex available in Los Angeles and this one is NOT under LA rent control. The fourplex features 2 bedroom, 1 bath in each unit with long term tenants and one unit is owner occupied. This is perfect for you live in one and rent the other units. Perfect to help you pay the mortgage. The property features lots of parking about 5 to 6 cars fit in front and 3-5 cars fit in back. 2 big storage rooms and one has a bonus bathroom. The roof was recently updated. View the video Tour link.
Last Agent to Sell the Property
Keller Williams Realty License #01510748 Listed on: 01/01/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,014
Year Built
- Built in 1963
Lot Details
- 5,812 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Home Design
- Quadruplex
Interior Spaces
- 3,300 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- 5 Open Parking Spaces
- 8 Parking Spaces
- 3 Carport Spaces
- Parking Available
- Assigned Parking
Location
- Urban Location
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Legal Lot and Block 11 / H
- Assessor Parcel Number 6027008010
Community Details
Overview
- No Home Owners Association
- 4 Units
Recreation
- Dog Park
Building Details
- 3 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $100
- Insurance Expense $125
- Water Sewer Expense $600
- Operating Expense $825
- Gross Income $5,400
- Net Operating Income $4,575
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 1, 2023
Closed on
Mar 3, 2023
Sold by
Gonzalez Martin
Bought by
Villasenor Irvin A
Seller's Agent
Elisabeth Ceja
Keller Williams Realty
Buyer's Agent
Boris Almengor
Lyon Stahl Investment Real Est
List Price
$959,000
Sold Price
$965,000
Premium/Discount to List
$6,000
0.63%
Views
62
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,089
Avg. Annual Appreciation
3.12%
Original Mortgage
$947,521
Interest Rate
6.6%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 15, 2007
Sold by
Gonzalez Martin
Bought by
Gonzalez Martin and Gonzalez Joaquin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 24, 2002
Sold by
Castro Raul
Bought by
Gonzalez Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.78%
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Villasenor Irvin A | $965,000 | Lawyers Title Company | |
| Gonzalez Martin | -- | New Century Title | |
| Gonzalez Joaquin | -- | New Century Title | |
| Gonzalez Martin | -- | New Century Title | |
| Gonzalez Martin | $225,000 | Commerce Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Villasenor Irvin A | $31,150 | |
| Previous Owner | Villasenor Irvin A | $947,521 | |
| Previous Owner | Gonzalez Martin | $315,000 | |
| Previous Owner | Gonzalez Martin | $202,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/01/2023 05/01/23 | Sold | $965,000 | +0.6% | $292 / Sq Ft |
| 03/01/2023 03/01/23 | Pending | -- | -- | -- |
| 01/01/2023 01/01/23 | For Sale | $959,000 | -- | $291 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $14,014 | $984,300 | $510,000 | $474,300 |
| 2023 | $5,777 | $319,463 | $127,782 | $191,681 |
| 2022 | $5,564 | $313,200 | $125,277 | $187,923 |
| 2021 | $5,493 | $307,060 | $122,821 | $184,239 |
| 2019 | $5,353 | $297,954 | $119,179 | $178,775 |
| 2018 | $5,242 | $292,113 | $116,843 | $175,270 |
| 2016 | $5,018 | $280,771 | $112,306 | $168,465 |
| 2015 | $4,952 | $276,555 | $110,620 | $165,935 |
| 2014 | $4,964 | $271,139 | $108,454 | $162,685 |
Source: Public Records
Agents Affiliated with this Home
-
Elisabeth Ceja
Seller's Agent in 2023
Elisabeth Ceja
Keller Williams Realty
(310) 365-9886
1 in this area
43 Total Sales
-
Boris Almengor
Buyer's Agent in 2023
Boris Almengor
Lyon Stahl Investment Real Est
(323) 868-5857
3 in this area
28 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23000134
APN: 6027-008-010
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