NOT LISTED FOR SALE

1689 E Martin Luther King jr Blvd Los Angeles, CA 90011

Central Alameda Neighborhood

Estimated Value: $577,000 - $694,238

4 Beds
3 Baths
1,516 Sq Ft
$420/Sq Ft Est. Value

Last Sold July 06, 2017

Last sale price $342,000 $226 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,786/month

45 Days on Market

Highlights

  • All Bedrooms Downstairs
  • End Unit
  • Tile Flooring
  • Property is near public transit
  • No Interior Steps

About This Home

As of July 2017

Two Beautiful units, perfect for first time home buyers or investors!!! Live in one and rent the other, front unit features 2 bedrooms, 1 bath. Rear unit has 2 bedrooms 2 baths. Conveniently located minutes away from Downtown Los Angeles. Priced to sell quickly, Highly Motivated Seller!!!

Last Agent to Sell the Property

Cristina Corea

Stonewood Realty Group Inc. License #01871833 Listed on: 04/18/2017

Last Buyer's Agent

Enrique Pintado

CENTURY 21 REALTY MASTERS License #01249099

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,850

Year Built

  • Built in 1913

Lot Details

  • 3,131 Sq Ft Lot
  • End Unit
  • 1 Common Wall

Home Design

  • 1,516 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Accessible Home Design

  • No Interior Steps
  • More Than Two Accessible Exits

Location

  • Property is near public transit
  • Suburban Location

Additional Features

  • Exterior Lighting
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 343
  • Tax Tract Number 2
  • Assessor Parcel Number 5117010021

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $75
  • Water Sewer Expense $1,680
  • Operating Expense $2,580
  • Gross Income $28,800
  • Net Operating Income $26,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,850

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1680.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5117010021
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Tile, Vinyl
  • Accessibility Features: 2+ Access Exits, No Interior Steps
  • Levels: One
  • Price Per Square Foot: 225.59
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Available, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 3131.00
  • Lot Size Acres: 0.0719

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 75.00
  • Lot Size Area: 3131.0000 Square Feet
  • Net Operating Income: 26220.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2580.00
  • Rent Control: Yes
  • Total Expenses: 2580.00

Tax Info

  • Tax Census Tract: 2281.00
  • Tax Lot: 343
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Dominguez Norma
Bought by
Sandoval Juarez Alfredo
Total Days on Market
45
Current Estimated Value
$637,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$363,999
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$283,739

Purchase Details

Closed on
Sep 10, 2024
Sold by
Juarez Alfredo Sandoval
Bought by
Sandoval Juarez Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$363,999
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$283,739

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jun 21, 2017
Sold by
Barragan Fidel Landa and Sical Mendez Odulia I
Bought by
Juarez Alfredo Sandoval
Seller's Agent
Cristina Corea
Stonewood Realty Group Inc.
Buyer's Agent
Enrique Pintado
CENTURY 21 REALTY MASTERS
List Price
$369,900
Sold Price
$342,000
Premium/Discount to List
-$27,900
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$335,805
Interest Rate
4.99%
Mortgage Type
FHA

Purchase Details

Closed on
May 22, 2006
Sold by
Barragan Fidel Landa and Barragan Fidel
Bought by
Sical Barragan Fidel Landa and Sical Mendez Odulia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 3, 2004
Sold by
Sical Barragan Fidel Landa and Sical Mendez Odulia Islanda
Bought by
Barragan Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
5.64%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 14, 1997
Sold by
Hales Langston Profit Sharing Pension Pl
Bought by
Sical Barragan Fidel Landa and Sical Mendez Odulia Islanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,652
Interest Rate
7.3%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1997
Sold by
Bank Of America Nt & Sa
Bought by
Hales Langston Profit Sharing Pension Pl

Purchase Details

Closed on
Jun 3, 1996
Sold by
Escalante Thomas and Security Pacific National Bank
Bought by
Security Pacific National Bank and Long Beach Bank

Purchase Details

Closed on
Jan 18, 1996
Sold by
Escalante Thomas and Security Pacific National Bank
Bought by
Security Pacific National Bank and Long Beach Bank
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 Buyer Sale Price Title Company
Sandoval Juarez Alfredo -- Monarch Title
Sandoval Juarez Alfredo -- Monarch Title
Juarez Alfredo Sandoval $342,000 Title 365
Sical Barragan Fidel Landa -- Chicago Title Co
Barragan Fidel -- Stewart Title
Sical Barragan Fidel Landa $105,000 Fidelity National Title Co
Hales Langston Profit Sharing Pension Pl -- Fidelity Title
Security Pacific National Bank $105,000 Fidelity Title
Security Pacific National Bank $130,442 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sandoval Juarez Alfredo $365,000
Previous Owner Juarez Alpredo Sandoval $330,714
Previous Owner Sandoval Juarez Alfredo $332,220
Previous Owner Juarez Alfredo Sandoval $336,150
Previous Owner Juarez Alfredo Sandoval $335,805
Previous Owner Barragan Fidel Landa $162,800
Previous Owner Sical Barragan Fidel Landa $172,000
Previous Owner Barragan Fidel $138,000
Previous Owner Sical Barragan Fidel Landa $104,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2017 07/06/17 Sold $342,000 +0.6% $226 / Sq Ft
05/07/2017 05/07/17 Price Changed $339,900 -8.1% $224 / Sq Ft
04/18/2017 04/18/17 For Sale $369,900 -- $244 / 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
2024 $4,850 $381,502 $278,877 $102,625
2023 $4,759 $374,022 $273,409 $100,613
2022 $4,541 $366,690 $268,049 $98,641
2021 $4,480 $359,501 $262,794 $96,707
2020 $4,522 $355,816 $260,100 $95,716
2019 $4,349 $348,840 $255,000 $93,840
2018 $4,284 $342,000 $250,000 $92,000
2016 $2,005 $153,265 $65,547 $87,718
2015 $1,978 $150,964 $64,563 $86,401
2014 $1,988 $148,008 $63,299 $84,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17083182

California Regional Multiple Listing Service (CRMLS)

APN: 5117-010-021