$700,000
SOLD NOV 8, 2019

1628 E 85th St Los Angeles, CA 90001

8 Beds
4 Baths
2,394 Sq Ft
5,812 Sq Ft Lot

Recently Sold

$292 Per Sq Ft

3% Above List Price

6 Days on Market

Highlights

  • Updated Kitchen
  • 3-minute walk to Firestone Station
  • Eat-In Kitchen
  • Traditional Architecture
  • No HOA
  • Bathtub with Shower

About This Home

As of November 2019

Excellent income-generating opportunity with this 2 unit property! Both units have 4 beds and 2 bathrooms, with plenty of parking. With a freshly coated interior and exterior paint scheme. Be invited to both units where you will find beautiful laminate flooring throughout the units. All bedrooms have plushed carpeting for your comfort. All units offer energy-efficient dual pane windows to let in plenty of natural light! Live in one and rent the other or rent out both units for some supplemental income! Vouchers for Range, Microhood, and DW for front unit ONLY to be provided at COE.

Last Agent to Sell the Property

JIMMY CASTRO

Wedgewood Homes Realty License #01853469 Listed on: 09/20/2019

Last Buyer's Agent

Jin Choi

Redpoint Realty License #01933172

Redpoint Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,248

Year Built

  • Built in 1910

Lot Details

  • 5,812 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Combination Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,394 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms | 6 Main Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 12 / H
  • Assessor Parcel Number 6027008028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,248

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: LCR3YY
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6027008028
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2394.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 8
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 292.40
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Shower In Tub, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Foundation: Combination
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 5812.00
  • Lot Size Acres: 0.1334

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5812.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: H
  • Tax Census Tract: 5351.02
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2019
Closed on
Oct 30, 2019
Sold by
Oh Chang Joon
Bought by
Oh Young Joo
Seller's Agent
Jin Choi
Redpoint Realty
Buyer's Agent
Jin Choi
Redpoint Realty
Sold Price
$2,750
Current Estimated Value
$896,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$893,733
Avg. Annual Appreciation
4.03%
Original Mortgage
$490,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2019
Closed on
Oct 9, 2019
Sold by
Catamount Properties 2018 Llc
Bought by
Oh Young Joo
Seller's Agent
JIMMY CASTRO
Wedgewood Homes Realty
Buyer's Agent
Jin Choi
Redpoint Realty
List Price
$679,900
Sold Price
$700,000
Premium/Discount to List
$20,100
2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2019
Sold by
Garcia Ignacio and Gaarcia Claudia M
Bought by
Catamount Properties 2018 Llc

Purchase Details

Closed on
Jan 28, 2011
Sold by
Sc Paxton I Llc
Bought by
Garcia Ignacio and Garcia Claudia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 2008
Sold by
Us Bank National Association
Bought by
Sc Paxton I Llc

Purchase Details

Closed on
Apr 30, 2008
Sold by
Woods Clotiel
Bought by
Us Bank Na

Purchase Details

Closed on
Feb 13, 2008
Sold by
Woods Clotiel
Bought by
Us Bank Na

Purchase Details

Closed on
Jul 7, 2007
Sold by
Woods Clotiel
Bought by
Pacifica Group 49/Ii

Purchase Details

Closed on
May 16, 2005
Sold by
Woods Paul and Woods Clotiel
Bought by
Woods Clotiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2004
Sold by
Woods Paul
Bought by
Woods Paul and Woods Clotiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
5.57%
Mortgage Type
New Conventional
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $700,000 Fidelity National Title Co
Trustee Deed $440,500 None Available
Grant Deed $400,000 Ticor Title
Warranty Deed $3,029,500 None Available
Trustee Deed $356,303 None Available
Trustee Deed $343,050 None Available
Grant Deed -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Ticor Title Company Fullerto
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,500 New Conventional
Closed $490,000 New Conventional
Previous Owner $54,000 Future Advance Clause Open End Mortgage
Previous Owner $389,000 Purchase Money Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $312,000 Purchase Money Mortgage
Previous Owner $239,200 Unknown
Previous Owner $207,900 New Conventional
Previous Owner $175,960 Unknown
Previous Owner $8,750 Stand Alone Second
Previous Owner $140,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2019 12/28/19 Rented $2,750 0.0% --
11/25/2019 11/25/19 Price Changed $2,750 +1.9% $3 / Sq Ft
11/13/2019 11/13/19 For Rent $2,700 0.0% --
11/08/2019 11/08/19 Sold $700,000 +3.0% $292 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/20/2019 09/20/19 For Sale $679,900 +43.1% $284 / Sq Ft
11/30/2018 11/30/18 Sold $475,000 0.0% $198 / Sq Ft
09/21/2017 09/21/17 Pending -- -- --
09/13/2017 09/13/17 Price Changed $475,000 -10.2% $198 / Sq Ft
08/09/2017 08/09/17 For Sale $529,000 -- $221 / 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 $10,248 $765,549 $328,093 $437,456
2024 $10,248 $750,539 $321,660 $428,879
2023 $9,907 $735,823 $315,353 $420,470
2022 $9,444 $721,396 $309,170 $412,226
2021 $9,335 $707,252 $303,108 $404,144
2020 $9,407 $700,000 $300,000 $400,000
2019 $6,426 $459,396 $229,698 $229,698
2018 $6,311 $450,390 $225,195 $225,195
2016 $6,038 $432,902 $216,451 $216,451
2015 $5,948 $426,400 $213,200 $213,200
2014 $5,950 $418,048 $209,024 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19224473

California Regional Multiple Listing Service (CRMLS)

APN: 6027-008-028