$389,999
SOLD SEP 7, 2017
3 Beds
2 Baths
1,070 Sq Ft
3,371 Sq Ft Lot

Recently Sold

$364 Per Sq Ft

73 Days on Market

Highlights

  • No HOA
  • Wrought Iron Fence
  • Wall Furnace
  • Shed
  • Paved or Partially Paved Lot
  • 1-Story Property

About This Home

As of March 2021

Perfect Rental Income property or live in 1 and rent the other out. 2 bedroom front unit house with at gated all cement front yard. The back unit is a 1 bedroom with a large carport in back Both units separated by a gate and both have plenty of room in front or back yard to entertain. Property needs a little TLC.

Prior lease amounts were old leases and terms and this property does not fall under LA City rent control.

Last Agent to Sell the Property

Damaris Graibe

Damaris Graibe, Broker License #01270766 Listed on: 02/15/2017

Last Buyer's Agent

Eduardo Morales

Amberwood Real Estate, Inc. License #01110708

Amberwood Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,098

Year Built

  • Built in 1928

Lot Details

  • 3,371 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • No Landscaping
  • Paved or Partially Paved Lot

Home Design

  • Duplex

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 20
  • Tax Tract Number 4382
  • Assessor Parcel Number 6002007019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $500
  • Water Sewer Expense $900
  • New Taxes Expense $5,000
  • Operating Expense $6,400
  • Net Operating Income $2,367

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,098

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6002007019
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 364.49

Exterior Features

  • Other Structures: Shed(s)
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping, Paved
  • Lot Size Sq Ft: 3371.00

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 2900.00
  • Insurance Expense: 500.00
  • Net Operating Income: 2367.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 533.00
  • Rent Control: No
  • Total Actual Rent: 2900.00
  • Total Expenses: 6400.00

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Census Tract: 2372.02
  • Tax Lot: 20
  • Tax Tract Number: 4382

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 2, 2021
Sold by
Alvarado Carlos A
Bought by
Godinez Juan
Seller's Agent
Eduardo Morales
Amberwood Real Estate, Inc.
Buyer's Agent
Gonzalo Ortiz
Berkshire Hathaway HomeServices California Properties
List Price
$539,900
Sold Price
$540,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$672,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,668
Avg. Annual Appreciation
4.42%
Original Mortgage
$530,219
Interest Rate
2.73%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 15, 2017
Closed on
Aug 2, 2017
Sold by
Sanchez Noemi and Sanchez Gabriel
Bought by
Alvarado Carlos A
Seller's Agent
Damaris Graibe
Damaris Graibe, Broker
Buyer's Agent
Eduardo Morales
Amberwood Real Estate, Inc.
List Price
$389,999
Sold Price
$389,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.57%
Original Mortgage
$370,540
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2011
Sold by
Sanchez Alvarado
Bought by
Sanchez Noemi

Purchase Details

Closed on
Jan 22, 2007
Sold by
Sanchez Salvador
Bought by
Sanchez Alvarado Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2004
Sold by
Aguirre Margaret V
Bought by
Sanchez Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,900
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 23, 1994
Sold by
Aguirre Tina Louise
Bought by
Aguirre Margaret V
Source: Public Records

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Range of Values:

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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
Grant Deed $540,000 Orange Coast Title Company
Grant Deed $390,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed $302,000 Ticor Title Company
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $542,500 New Conventional
Closed $530,219 FHA
Previous Owner $370,540 New Conventional
Previous Owner $337,000 New Conventional
Previous Owner $286,900 Stand Alone First
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $540,000 0.0% $505 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $539,900 +38.4% $505 / Sq Ft
09/07/2017 09/07/17 Sold $389,999 0.0% $364 / Sq Ft
08/14/2017 08/14/17 For Sale $389,999 0.0% $364 / Sq Ft
04/29/2017 04/29/17 Pending -- -- --
03/22/2017 03/22/17 Price Changed $389,999 -2.5% $364 / Sq Ft
02/15/2017 02/15/17 For Sale $400,000 -- $374 / 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 $7,098 $584,511 $465,445 $119,066
2024 $7,098 $573,051 $456,319 $116,732
2023 $6,966 $561,816 $447,372 $114,444
2022 $6,647 $550,800 $438,600 $112,200
2021 $5,034 $409,958 $304,841 $105,117
2020 $5,084 $405,756 $301,716 $104,040
2019 $4,886 $397,800 $295,800 $102,000
2018 $4,826 $390,000 $290,000 $100,000
2016 $3,433 $275,868 $212,207 $63,661
2015 $3,384 $271,725 $209,020 $62,705
2014 $3,409 $266,403 $204,926 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB17032950

California Regional Multiple Listing Service (CRMLS)

APN: 6002-007-019