NOT LISTED FOR SALE

1636 E 109th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $625,000 - $694,000

4 Beds
2 Baths
1,338 Sq Ft
$502/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $425,000 $318 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,088/month

Highlights

  • No HOA
  • Laundry Room
  • Paved or Partially Paved Lot
  • Living Room
  • Tile Flooring
  • 5-minute walk to One Hundred Ninth Street Recreation Center

About This Home

As of June 2018

Come view this great investment! Good starter home for someone looking for rental income. Home has concrete and iron fence. The front unit features 2 bedrooms, 1 full bath, open kitchen and living area, and a laundry room. Second unit features 2 bedrooms and 1 full bath with open kitchen and living area. This duplex won't last!

Last Agent to Sell the Property

Fernando Ornelas

Ornelas Properties License #01116744 Listed on: 01/01/2018

Co-Listed By

Fernanda Ornelas

Ornelas Properties License #02000057

Last Buyer's Agent

Kenneth Palma

Palma Investments License #01886266

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,296

Year Built

  • Built in 1925

Lot Details

  • 6,959 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,338 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities, sewer, trash collection
  • Tax Lot 432
  • Tax Tract Number 2427
  • Assessor Parcel Number 6069009018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • New Taxes Expense $5,450
  • Operating Expense $6,650
  • Gross Income $3,050
  • Net Operating Income $3,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,296

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6069009018
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 317.64
  • Room Type: Laundry, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 6959.00

Rental Info

  • Tenant Pays: All Utilities, Sewer, Trash Collection

Multi Family

  • Gross Income: 3050.00
  • Gross Scheduled Income: 3050.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 3050.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 6650.00

Tax Info

  • New Taxes Expense: 5450.00
  • Tax Census Tract: 2427.00
  • Tax Lot: 432
  • Tax Tract Number: 2427

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2018
Closed on
Jun 4, 2018
Sold by
Ruiz Jesus G
Bought by
Ruiz Edwin
Seller's Agent
Fernando Ornelas
Ornelas Properties
Buyer's Agent
Kenneth Palma
Palma Investments
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%
Current Estimated Value
$672,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,101
Avg. Annual Appreciation
6.51%
Original Mortgage
$417,302
Outstanding Balance
$369,480
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$302,621

Purchase Details

Listed on
Jan 1, 2018
Closed on
May 30, 2018
Sold by
Garcia Juan E
Bought by
Penaloza Cinthya
Seller's Agent
Fernando Ornelas
Ornelas Properties
Buyer's Agent
Kenneth Palma
Palma Investments
List Price
$435,000
Sold Price
$425,000
Premium/Discount to List
-$10,000
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Outstanding Balance
$369,480
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$302,621

Purchase Details

Closed on
Apr 26, 2009
Sold by
Ruiz Edwin and Ruiz Cleotilde Cornejo
Bought by
Ruiz Edwin

Purchase Details

Closed on
Sep 23, 2004
Sold by
Ruiz Jesus Garcia and Ruiz Edwin
Bought by
Ruiz Edwin

Purchase Details

Closed on
Sep 12, 2003
Sold by
Ruiz Jesus Garcia
Bought by
Ruiz Jesus Garcia
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
Ruiz Edwin -- Stewart Title Of California
Penaloza Cinthya $425,000 Stewart Title Of California
Penaloza Cinthya -- Stewart Title Of California
Ruiz Edwin -- None Available
Ruiz Edwin -- --
Ruiz Jesus Garcia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penaloza Cinthya $417,302
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $425,000 -2.3% $318 / Sq Ft
04/27/2018 04/27/18 Pending -- -- --
01/01/2018 01/01/18 For Sale $435,000 -- $325 / 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 $6,296 $483,573 $341,347 $142,226
2024 $6,296 $474,092 $334,654 $139,438
2023 $6,179 $464,797 $328,093 $136,704
2022 $5,906 $455,684 $321,660 $134,024
2021 $5,832 $446,750 $315,353 $131,397
2020 $5,885 $442,170 $312,120 $130,050
2019 $5,663 $433,500 $306,000 $127,500
2018 $3,297 $238,006 $190,408 $47,598
2016 $3,141 $228,765 $183,015 $45,750
2015 $3,095 $225,329 $180,266 $45,063
2014 $3,111 $220,916 $176,735 $44,181
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2018

    Fernando Ornelas

    Ornelas Properties

    14 Total Sales

    Fernando Ornelas
    Section Image
  • Fernanda Ornelas

    Seller Co-Listing Agent in 2018

    Fernanda Ornelas

    Ornelas Properties

    (818) 941-5944

    26 Total Sales

    Fernanda Ornelas
    Section Image

  • K

    Buyer's Agent in 2018

    Kenneth Palma

    Palma Investments

    (775) 257-9955

    113 Total Sales

    Kenneth Palma
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18001482

California Regional Multiple Listing Service (CRMLS)

APN: 6069-009-018

California Los Angeles County Los Angeles 90059 Watts

1636 E 109th St, Los Angeles, CA

This home is located at 1636 E 109th St, Los Angeles, CA 90059 since 01 January 2018 and is currently estimated at $672,101, approximately $502 per square foot. This property was built in 1925. 1636 E 109th St is a home located in Los Angeles County with nearby schools including Compton Avenue Elementary School, Edwin Markham Middle School, and Jordan High School.

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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