NOT LISTED FOR SALE

1627 E 83rd St Los Angeles, CA 90001

Estimated Value: $820,000 - $890,000

7 Beds
4 Baths
2,320 Sq Ft
$366/Sq Ft Est. Value

Last Sold June 03, 2015

Last sale price $500,000 $216 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,154/month

29 Days on Market

About This Home

As of June 2015

Buyers this is a Great Opportunity TWO Houses on One Lot & Ready to Move-In!!! STANDARD SALE!!!**NOT AN REO OR SHORT SALE**STANDARD SALE!!! **BEAUTIFULLY RENOVATED HOUSES!!!!! It Features 3 Bedrooms, 2 bath and 4 Bethroom 2 bath. **3 car garage**Property also has New Interior, Exterior Paint & New laminated wood floors in the bedrooms and throughout the living room and hall, Updated Kitchen with Granite Countertops, NEW FIXTURES and tile floors w/ Solid Wood Custom Cabinets, Bathroom has been completely remodeled with Custom Tile, backyard & separated washer & dryer room & much more to be mentioned! Hurry property is priced to sell!!! Submit an offer today!!! Property is priced to sell & won’t last long!!! Call the office for Showing Instructions!!! Don’t forget to ask about our special financing options.

Last Agent to Sell the Property

Oscar Morales

OPTION ONE REALTY & INVESTMENT License #01908712 Listed on: 01/27/2015

Last Buyer's Agent

George Guerrero

TEAM GEORGE REALTY License #01244786

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2014

Lot Details

  • 6,949 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Interior Spaces

  • 2,320 Sq Ft Home
  • 2-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1095
  • Tax Tract Number 11
  • Assessor Parcel Number 6027005011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $850
  • Trash Expense $350
  • Water Sewer Expense $960
  • New Taxes Expense $6,237
  • Gross Income $4,000
  • Net Operating Income $3,251

Property Details

Home Type

Multi-Family

Year Built

Built in 2014

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 960.00
  • Property Type: Residential Income
  • Parcel Number: 6027005011
  • Year Built: 2014
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 215.52

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 350.00

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6949.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 4000.00
  • Gross Scheduled Income: 4000.00
  • Insurance Expense: 850.00
  • Lot Size Area: 6949.0000 Square Feet
  • Net Operating Income: 3251.00
  • 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: 749.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6237.00
  • Tax Lot: 1095
  • Tax Tract Number: 11
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2015
Closed on
May 19, 2015
Sold by
Acosta Maria L
Bought by
Acosta Jesus
Seller's Agent
Oscar Morales
OPTION ONE REALTY & INVESTMENT
Buyer's Agent
George Guerrero
TEAM GEORGE REALTY
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Current Estimated Value
$848,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,661
Avg. Annual Appreciation
5.11%
Original Mortgage
$490,943
Outstanding Balance
$375,457
Interest Rate
3.64%
Mortgage Type
FHA
Estimated Equity
$473,204

Purchase Details

Listed on
Jan 27, 2015
Closed on
Apr 13, 2015
Sold by
Sunset Equity Partners Llc
Bought by
Acosta Jesus
Seller's Agent
Oscar Morales
OPTION ONE REALTY & INVESTMENT
Buyer's Agent
George Guerrero
TEAM GEORGE REALTY
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Outstanding Balance
$375,457
Interest Rate
3.64%
Mortgage Type
FHA
Estimated Equity
$473,204

Purchase Details

Closed on
Mar 8, 2013
Sold by
The Bank Of New York Mellon
Bought by
Sunset Equity Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2012
Sold by
Reyes Martin Gerardo Diaz
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Sep 25, 2005
Sold by
Villagram Soledad
Bought by
Reyes Martin Gerardo Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2003
Sold by
Gimenez Anthony Joseph
Bought by
Maltez Gimenez Julie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.72%

Purchase Details

Closed on
Apr 24, 2003
Sold by
Maltez Julia Soledad and Maltez Sandra Minerva
Bought by
Villagran Soledad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.72%

Purchase Details

Closed on
Jul 11, 1997
Sold by
Maltez Julia Soledad and Maltez Sandra Minerva
Bought by
Maltez Julia Soledad and Maltez Sandra Minerva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,800
Interest Rate
7.83%

Purchase Details

Closed on
Feb 23, 1996
Sold by
Maltez Manuel Salvador and Villagran Soledad
Bought by
Maltez Julia Soledad and Maltez Sandra Minerva
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Acosta Jesus -- Title 365
Acosta Jesus $500,000 Title 365
Sunset Equity Partners Llc $157,500 None Available
The Bank Of New York Mellon $350,607 Landsafe Title
Reyes Martin Gerardo Diaz $378,000 Commonwealth Title
Maltez Gimenez Julie S -- Landsafe Title
Brandts Sandra Maltez -- Landsafe Title
Villagran Soledad -- Landsafe Title
Maltez Julia Soledad -- American Title Ins Co
Maltez Julia Soledad -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Acosta Jesus $490,943
Previous Owner Sunset Equity Partners Llc $2,500,000
Previous Owner Reyes Martin Gerardo Diaz $300,000
Previous Owner Villagran Soledad $105,000
Previous Owner Maltez Julia Soledad $88,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2015 06/03/15 Sold $500,000 +0.2% $216 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
01/27/2015 01/27/15 For Sale $499,000 -- $215 / 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 $8,647 $600,918 $406,342 $194,576
2024 $8,345 $589,136 $398,375 $190,761
2023 $8,039 $577,585 $390,564 $187,021
2022 $7,673 $566,260 $382,906 $183,354
2021 $7,583 $555,158 $375,399 $179,759
2020 $7,638 $549,466 $371,550 $177,916
2019 $7,355 $538,693 $364,265 $174,428
2018 $7,224 $528,131 $357,123 $171,008
2016 $7,857 $588,234 $343,256 $244,978
2015 $2,527 $161,375 $129,100 $32,275
2014 -- $158,215 $126,572 $31,643
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2015

    Oscar Morales

    OPTION ONE REALTY & INVESTMENT

    (626) 974-0453

    2 in this area

    31 Total Sales

    Oscar Morales
    Section Image

  • G

    Buyer's Agent in 2015

    George Guerrero

    TEAM GEORGE REALTY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15018526

California Regional Multiple Listing Service (CRMLS)

APN: 6027-005-011

California Los Angeles County Los Angeles 90001

1627 E 83rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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