NOT LISTED FOR SALE

1635 E 85th St Los Angeles, CA 90001

Estimated Value: $385,281 - $761,000

4 Beds
4 Baths
1,614 Sq Ft
$396/Sq Ft Est. Value

Last Sold May 08, 2014

Last sale price $202,500 $125 Per Sq Ft

Est. 216% increase in value since last sale

Current estimated payment $3,829/month

55 Days on Market

Highlights

  • Floor Furnace
  • 1-Story Property
  • 5-minute walk to Firestone Station

About This Home

As of May 2014

Standard Sale. Property will be delivered occupied at the close of escrow. Drive by only and all offers are subject to interior inspection. Good income property. Some TLC required. Can possibly go FHA. DO NOT DISTURB TENANTS....

Last Agent to Sell the Property

Linda Demmings

Real Estate eBroker Inc. License #01117999 Listed on: 02/25/2014

Real Estate eBroker Inc.

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1953

Lot Details

  • 4,650

Interior Spaces

  • 1,614 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • 4,650 Sq Ft Lot
  • Floor Furnace

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 6027-007-021

Property Details

Home Type

Multi-Family

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1614
  • Stories: 1
  • Year Built: 1953
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 218.09

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace
  • Number Electric Meters: 4
  • Number Gas Meters: 4
  • Water Expense: 187.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 48.00
  • Maintenance Expense: 34.00
  • Trash Expense: 7.00

Lot Info

  • Assessed Improvement Value: 77185
  • Assessed Land Value: 41499
  • Assessor Parcel Number: 6027-007-021
  • Geocode Override: No
  • Lot Size Area: 4650

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.70
  • Number Of Units: 4
  • Type Of Units: residential

Tax Info

  • Tax Expense: 265.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2014
Closed on
Apr 22, 2014
Sold by
Broussard Jeanette
Bought by
26 Rlc Llc
Seller's Agent
Linda Demmings
Real Estate eBroker Inc.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$352,000
Sold Price
$202,500
Premium/Discount to List
-$149,500
-42.47%
Current Estimated Value
$639,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,070
Avg. Annual Appreciation
10.33%
Original Mortgage
$164,000
Outstanding Balance
$124,718
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$514,852
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
26 Rlc Llc $202,500 Ticor Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 26 Rlc Llc $164,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2014 08/18/14 Off Market $202,500 -- --
05/08/2014 05/08/14 Sold $202,500 -42.5% $125 / Sq Ft
02/25/2014 02/25/14 For Sale $352,000 -- $218 / Sq Ft
Source: The MLS

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 $5,825 $312,583 $190,002 $122,581
2024 $5,825 $306,455 $186,277 $120,178
2023 $5,404 $300,447 $182,625 $117,822
2022 $5,205 $294,557 $179,045 $115,512
2021 $5,149 $288,783 $175,535 $113,248
2019 $5,019 $280,220 $170,330 $109,890
2018 $5,526 $326,764 $205,023 $121,741
2016 $5,312 $314,076 $197,062 $117,014
2015 $5,239 $309,359 $194,102 $115,257
2014 $3,059 $119,222 $41,687 $77,535
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Linda Demmings

    Real Estate eBroker Inc.

    Section Image

  • S

    Buyer's Agent in 2014

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 14-746947

The MLS

APN: 6027-007-021

California Los Angeles County Los Angeles 90001

1635 E 85th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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