NOT LISTED FOR SALE

Estimated Value: $758,000 - $898,000

4 Beds
2 Baths
1,778 Sq Ft
$473/Sq Ft Est. Value

Last Sold June 27, 2018

Last sale price $590,000 $332 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,158/month

87 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Tile Flooring
  • Two Homes on a Lot
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of June 2018

Beautiful remodeled / new construction two unit property. 2 detached homes. Move-in ready! Located in the hot and rapidly growing Canterbury Knolls neighborhood. Close to the new Rams stadium project, the Forum and easy access to Silicon Beach, USC and downtown LA. The units are detached houses and each unit has 2 bed / 1 bath. The newly constructed back unit was completed in 2018 and features a neutral color palate and stone counter tops, high ceilings, tankless water heater and tile floors throughout. The front unit is a Spanish-Revival style home with lots of character and curb appeal. It has been remodeled throughout with an updated kitchen with quartz counters, new dual-meter electrical panel and new wiring. Remodeled bathroom with new tub and tiled shower enclosure, new vanity and tiled floors, new interior and exterior paint and durable and easy to clean laminate floor throughout. New custom privacy gates for the driveway and side yard. Long driveway for plenty of off-street parking. This area has very strong rental demand and is a great area to invest in. Or live in one and rent the other for a comfortable mortgage payment. All the work has been done for you! It's rare to find such a turnkey duplex in this area with both units ready to move-in or rent for top market rents!

Last Agent to Sell the Property

Adolfo Orozco

Excellence Premier Real Estate License #01734492 Listed on: 02/02/2018

Co-Listed By

Megan Edner

Edner & Associates Real Estate Services License #01437099

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,186

Year Built

  • Built in 1930

Lot Details

  • 4,054 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Sprinkler System
  • Density is 2-5 Units/Acre

Home Design

  • Traditional Architecture
  • Spanish Architecture
  • Turnkey
  • Flat Roof Shape
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Plaster

Interior Spaces

  • 1,778 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Double Pane Windows

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Parking Available
  • Paved Parking

Additional Homes

  • Two Homes on a Lot

Utilities

  • Wall Furnace
  • Private Sewer

Listing and Financial Details

  • Tax Lot 263
  • Tax Tract Number 5219
  • Assessor Parcel Number 6015014012

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,186

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Architectural Style: Spanish, Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6015014012
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Partially Furnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 331.83
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Flat, Shingle
  • Construction Materials: Drywall Walls, Plaster

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Stackable
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Sprinkler System
  • Lot Size Sq Ft: 4054.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2373.00
  • Tax Lot: 263
  • Tax Tract Number: 5219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2019
Sold by
Bukirwa Norah
Bought by
Tassew Nahom
Current Estimated Value
$840,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,313
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 2, 2018
Closed on
May 4, 2018
Sold by
Absac Inc
Bought by
Tassew Nahom
Seller's Agent
Adolfo Orozco
Excellence Premier Real Estate
List Price
$549,900
Sold Price
$590,000
Premium/Discount to List
$40,100
7.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Original Mortgage
$579,313
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 26, 2017
Closed on
Apr 11, 2017
Sold by
Stockpile Property Ventures Llc
Bought by
Absac Inc
Seller's Agent
Nikki Ervin
Nikki Ervin, Broker
Buyer's Agent
Alex Di Girgis
Clean Slate CA Inc.
List Price
$383,000
Sold Price
$328,000
Premium/Discount to List
-$55,000
-14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.47%
Original Mortgage
$256,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 26, 2017
Closed on
Apr 10, 2017
Sold by
Miller Bridget Faye
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Nikki Ervin
Nikki Ervin, Broker
Buyer's Agent
Alex Di Girgis
Clean Slate CA Inc.
List Price
$383,000
Sold Price
$328,000
Premium/Discount to List
-$55,000
-14.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2010
Sold by
Branch Walter and Branch Christine
Bought by
Miller Bridget Faye
Source: Public Records

Range of Values:

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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
Tassew Nahom -- North American Title Company
Tassew Nahom -- North American Title Co
Tassew Nahom $590,000 Lawyers Title
Absac Inc $333,000 Lawyers Title Insurance Co
Stockpile Property Ventures Llc $328,000 Lawyers Title
Miller Bridget Faye -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tassew Nahom $588,000
Closed Tassew Nahom $579,313
Previous Owner Tassew Nahom $579,313
Previous Owner Absac Inc $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2018 06/27/18 Sold $590,000 +2.6% $332 / Sq Ft
04/30/2018 04/30/18 Pending -- -- --
04/20/2018 04/20/18 Price Changed $575,000 +1.8% $323 / Sq Ft
04/20/2018 04/20/18 Price Changed $565,000 +2.7% $318 / Sq Ft
02/02/2018 02/02/18 For Sale $549,900 +67.7% $309 / Sq Ft
04/21/2017 04/21/17 Sold $328,000 -14.4% $291 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/26/2017 03/26/17 For Sale $383,000 -- $340 / 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 $8,186 $671,313 $469,921 $201,392
2024 $8,186 $658,151 $460,707 $197,444
2023 $8,033 $645,247 $451,674 $193,573
2022 $7,666 $632,596 $442,818 $189,778
2021 $7,565 $620,193 $434,136 $186,057
2020 $7,641 $613,835 $429,685 $184,150
2019 $7,291 $601,800 $421,260 $180,540
2018 $4,235 $339,660 $204,000 $135,660
2016 $650 $41,409 $19,034 $22,375
2015 $642 $40,788 $18,749 $22,039
2014 $656 $39,990 $18,382 $21,608
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18027830

California Regional Multiple Listing Service (CRMLS)

APN: 6015-014-012