NOT LISTED FOR SALE

1648 E 89th St Los Angeles, CA 90002

Estimated Value: $655,000 - $909,000

5 Beds
3 Baths
2,220 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 05, 2013

Last sale price $279,000 $126 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $4,650/month

8 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Tile Flooring
  • Park or Greenbelt View
  • Built-In Features
  • Forced Air Heating and Cooling System

About This Home

As of August 2013

SHORT SALE - SUBJECT TO LENDER APPROVAL** Recently built in 1985. Beautiful duplex perfect for 2 families or rental income. 1 unit is 3bedrooms /2 baths, second unit is 2Bedroom/1bath. 3 CAR GARAGE **INVESTORS DELIGHT**

Last Agent to Sell the Property

Olga Demchsen

24 Hour Real Estate License #01337764 Listed on: 05/26/2013

Last Buyer's Agent

Bev Baumann

Excellence RE Real Estate License #00574995

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,973

Year Built

  • Built in 1985

Lot Details

  • 5,784 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Partial Copper Plumbing
  • Copper Plumbing

Interior Spaces

  • 2,220 Sq Ft Home
  • Built-In Features
  • Entryway
  • Family Room
  • Tile Flooring
  • Park or Greenbelt Views
  • Six Burner Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Accessible Home Design

  • Doors are 32 inches wide or more

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Garage

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 35
  • Assessor Parcel Number 6044005024

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,973

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 562-965-4578
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 6044005024
  • Year Built: 1985
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Built-in Features, Copper Plumbing Full, Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 125.68
  • Room Type: All Bedrooms Down, Entry, Family Room

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: 6 Burner Stove
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 5784.00
  • Lot Size Acres: 0.1330

Rental Info

  • Tenant Pays: Water

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 2600.00
  • Lot Size Area: 5784.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 2600.00

Tax Info

  • Tax Lot: 35
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2003
Sold by
Campos Alicia
Bought by
Martinez Carlos Real and Campos Alicia
Current Estimated Value
$777,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,400
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 1997
Sold by
City Corp
Bought by
Campos Alicia and Martinez Carlos Real

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,394
Interest Rate
7.49%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
City Corp Ventures

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
8.08%

Purchase Details

Closed on
Apr 25, 1997
Sold by
First Federal Bank Of California Fsb
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
8.08%

Purchase Details

Closed on
Apr 2, 1997
Sold by
Johnson James W
Bought by
First Federal Bank Of California

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,200
Interest Rate
8.08%
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
Martinez Carlos Real -- Stewart Title Of Ca Inc
Campos Alicia $196,000 American Title Ins Co
City Corp Ventures $103,000 First American Title Co
Federal Home Loan Mortgage Corporation -- --
First Federal Bank Of California $83,000 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Carlos Real $345,000
Closed Martinez Carlos Real $230,400
Closed Campos Alicia $192,880
Closed Campos Alicia $190,394
Previous Owner City Corp Ventures $112,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2013 08/05/13 Sold $279,000 0.0% $126 / Sq Ft
06/03/2013 06/03/13 Pending -- -- --
05/26/2013 05/26/13 For Sale $279,000 -- $126 / 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 $4,973 $312,939 $153,274 $159,665
2024 $4,973 $306,804 $150,269 $156,535
2023 $4,728 $300,789 $147,323 $153,466
2022 $4,532 $294,892 $144,435 $150,457
2021 $4,474 $289,110 $141,603 $147,507
2019 $4,349 $280,537 $137,404 $143,133
2018 $4,243 $275,037 $134,710 $140,327
2016 $4,056 $264,359 $129,480 $134,879
2015 $3,998 $260,389 $127,536 $132,853
2014 $4,003 $255,289 $125,038 $130,251
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13100199

California Regional Multiple Listing Service (CRMLS)

APN: 6044-005-024