NOT LISTED FOR SALE

1626 E 85th St Los Angeles, CA 90001

Florence-Graham Neighborhood

Estimated Value: $963,000 - $1,212,000

8 Beds
4 Baths
3,300 Sq Ft
$327/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $965,000 $292 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,877/month

59 Days on Market

Highlights

  • No HOA
  • Dog Park
  • 3-minute walk to Firestone Station

About This Home

As of May 2023

Fourplex 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

Elisabeth Ceja

Keller Williams Realty License #01510748 Listed on: 01/01/2023

Keller Williams Realty

Last Buyer's Agent

Boris Almengor

Lyon Stahl Investment Real Est License #02092597

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,014

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Price Per Unit: 239750
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LCR3*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 100.00
  • Parcel Number: 6027008010
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 292.42
  • Room Type: Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5812.00
  • Lot Size Acres: 0.1334

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Income: 5400.00
  • Gross Scheduled Income: 5400.00
  • Insurance Expense: 125.00
  • Lot Size Area: 5812.0000 Square Feet
  • Net Operating Income: 4575.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 825.00
  • Rent Control: No
  • Total Actual Rent: 3.00
  • Total Expenses: 825.00

Tax Info

  • Tax Block: H
  • Tax Census Tract: 5351.02
  • Tax Lot: 11

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
$1,079,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,974
Avg. Annual Appreciation
4.64%
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%
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
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
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 List to Sale Price per Sq Ft
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

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 $14,014 $1,003,986 $520,200 $483,786
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

    45 Total Sales

    Elisabeth Ceja
    Section Image
  • Boris Almengor

    Buyer's Agent in 2023

    Boris Almengor

    Lyon Stahl Investment Real Est

    (323) 868-5857

    3 in this area

    29 Total Sales

    Boris Almengor
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23000134

California Regional Multiple Listing Service (CRMLS)

APN: 6027-008-010

California Los Angeles County Los Angeles 90001 Florence-Graham

1626 E 85th St, Los Angeles, CA

This home is located at 1626 E 85th St, Los Angeles, CA 90001 since 01 January 2023 and is currently estimated at $1,079,974, approximately $327 per square foot. This property was built in 1963. 1626 E 85th St is a home located in Los Angeles County with nearby schools including Russell Elementary School, Charles Drew Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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