NOT LISTED FOR SALE

Estimated Value: $682,000 - $759,000

5 Beds
3 Baths
1,433 Sq Ft
$512/Sq Ft Est. Value

Last Sold October 20, 2020

Last sale price $590,000 $412 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,671/month

28 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • No HOA
  • Tile Flooring

About This Home

As of October 2020

A must see beautifully remodeled duplex in the heart of South Los Angeles. This is a perfect opportunity to own a two homes, live in one and rent out the other or own both as an income property. These two units offer an open floor plan, laminate flooring all through the house ,modern tile flooring in the kitchen with quarts counter tops. Front unit consists of 3 bedrooms and 2 baths, back unit consists of 2 bedrooms and 1 bath. The property is move in ready!

Last Agent to Sell the Property

Ronen Saruri

Elevate Luxury Living License #01929289 Listed on: 06/08/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,811

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 4,995 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,433 Sq Ft Home
  • Raised Foundation

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Laundry Room
  • Rain Gutters
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 9 / A
  • Tax Tract Number 6658
  • Assessor Parcel Number 5117005009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,811

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Other Phone Description: 8186202244
  • Property Attached: No
  • Zoning: LAR4
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5117005009
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 411.72
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4995.00
  • Lot Size Acres: 0.1147

Multi Family

  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 4995.0000 Square Feet
  • Net Operating Income: 54000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: A
  • Tax Census Tract: 2281.00
  • Tax Lot: 9
  • Tax Tract Number: 6658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2020
Sold by
H2o Investment Llc
Bought by
Jedian Shahrokh and Jedian Sanaz
Total Days on Market
28
Current Estimated Value
$737,865

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 23, 2019
Sold by
Stockplie Property Ventures Llc
Bought by
H2o Investment Llc
Seller's Agent
Richard Diaz
First Family Homes
Buyer's Agent
Richard Diaz
First Family Homes
List Price
$420,000
Sold Price
$300,000
Premium/Discount to List
-$120,000
-28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.74%

Purchase Details

Listed on
Jun 24, 2019
Closed on
Sep 13, 2019
Sold by
Avina Joel
Bought by
Stockile Property Ventures Llc
Seller's Agent
Richard Diaz
First Family Homes
Buyer's Agent
Richard Diaz
First Family Homes
List Price
$420,000
Sold Price
$300,000
Premium/Discount to List
-$120,000
-28.57%

Purchase Details

Closed on
Oct 14, 2011
Sold by
Avina Carmen
Bought by
Avina Joel
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
Jedian Shahrokh $590,000 Stewart Title Company
H2o Investment Llc $360,000 Lawyers Title Insurance Co
Stockile Property Ventures Llc $335,000 Stewart Title Of Ca Inc
Avina Joel -- None Available
Avina Joel -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jedian Shahrokh $290,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2020 10/20/20 Sold $590,000 -1.5% $412 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/08/2020 06/08/20 For Sale $599,000 +99.7% $418 / Sq Ft
09/27/2019 09/27/19 Sold $300,000 -24.8% $227 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $399,000 -5.0% $302 / Sq Ft
08/09/2019 08/09/19 For Sale $420,000 0.0% $318 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $420,000 0.0% $318 / Sq Ft
07/01/2019 07/01/19 Pending -- -- --
06/24/2019 06/24/19 For Sale $420,000 -- $318 / 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 $7,811 $638,631 $350,706 $287,925
2024 $7,811 $626,110 $343,830 $282,280
2023 $7,662 $613,835 $337,089 $276,746
2022 $7,308 $601,800 $330,480 $271,320
2021 $7,218 $590,000 $324,000 $266,000
2020 $4,602 $360,000 $270,000 $90,000
2019 $3,500 $274,060 $169,797 $104,263
2018 $3,416 $268,687 $166,468 $102,219
2016 $3,257 $258,254 $160,004 $98,250
2015 $3,211 $254,376 $157,601 $96,775
2014 $3,234 $249,394 $154,514 $94,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20106531

California Regional Multiple Listing Service (CRMLS)

APN: 5117-005-009