NOT LISTED FOR SALE

1705 E 65th St Los Angeles, CA 90001

Estimated Value: $729,000 - $835,000

5 Beds
3 Baths
1,968 Sq Ft
$397/Sq Ft Est. Value

Last Sold January 18, 2018

Last sale price $495,000 $252 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,736/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • No HOA
  • Linda Esperanza Marquez High A Huntington Park Institute Of Applied Medicine Rated A-
  • Stone Countertops
  • Cottage

About This Home

As of January 2018

This is a great opportunity to live in one home and rent the other, or rent both for a great return on your investment. #1709 Built 1962 is a secluded three bedroom, two bath home located at rear of property. The property is nicely updated, the kitchen is upgraded with granite counter tops, stainless appliances and tile floors. The home is equipped with forced air heating and A/C. There is a private yard to the rear of the home, it is turn key. #1705 The front home has the old world bungalow charm you would expect from an original 1912 home in the area. The home has some updates including electrical, rent it as it is or make it your own. The property is fully fenced including a rolling driveway gate. There are three spaces for off street parking that could be expanded to four.

Last Agent to Sell the Property

Tony Lovejoy

RE/MAX Select One License #01910742 Listed on: 10/25/2017

RE/MAX Select One

Last Buyer's Agent

SERGIO PACHECO

CENTURY 21 REALTY MASTERS License #01260078

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • 6,175 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Cottage
  • Turnkey
  • Slab Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,968 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Parking Available
  • Auto Driveway Gate
  • Driveway

Accessible Home Design

  • Grab Bar In Bathroom
  • No Interior Steps

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Rain Gutters
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1198
  • Tax Tract Number 40
  • Assessor Parcel Number 6009019032

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Trash Expense $660
  • Water Sewer Expense $1,260
  • New Taxes Expense $5,800
  • Operating Expense $9,320
  • Gross Income $40,200
  • Net Operating Income $30,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1962 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 6.30
  • Inclusions: #1709 Range, Refrigerator
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Florence-Grahm
  • View: No
  • Water Sewer Expenses: 1260.00
  • Zoning: LCR4YY
  • Architectural Style: Cottage
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6009019032
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Accessibility Features: Grab Bars In Bathroom(s), No Interior Steps
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 251.52
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Asphalt
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 660.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

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 Over 40000 Sqft, Near Public Transit
  • Lot Size Sq Ft: 6175.00

Rental Info

  • Tenant Pays: None

Multi Family

  • Gross Income: 40200.00
  • Gross Scheduled Income: 40200.00
  • Insurance Expense: 1600.00
  • Net Operating Income: 30880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 9320.00
  • Rent Control: No
  • Total Expenses: 9320.00

Tax Info

  • New Taxes Expense: 5800.00
  • Tax Census Tract: 5327.00
  • Tax Lot: 1198
  • Tax Tract Number: 40/41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Jan 2, 2018
Sold by
Magdaleno Antonio
Bought by
Valdez Clara
Seller's Agent
Tony Lovejoy
RE/MAX Select One
Buyer's Agent
SERGIO PACHECO
CENTURY 21 REALTY MASTERS
List Price
$485,000
Sold Price
$495,000
Premium/Discount to List
$10,000
2.06%
Current Estimated Value
$780,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,700
Avg. Annual Appreciation
5.88%
Original Mortgage
$396,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 25, 2017
Closed on
Nov 20, 2017
Sold by
Conant Charlotte and Conant Saldana Charlotte
Bought by
Olvera Armando I and Valdez Clara
Seller's Agent
Tony Lovejoy
RE/MAX Select One
Buyer's Agent
SERGIO PACHECO
CENTURY 21 REALTY MASTERS
List Price
$485,000
Sold Price
$495,000
Premium/Discount to List
$10,000
2.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2006
Sold by
Conant Eva
Bought by
Conant Saldana Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2002
Sold by
Conant Clara
Bought by
Conant David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
4.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2001
Sold by
Conant Benjamin C and Conant David
Bought by
Conant Eva
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Valdez Clara -- Lawyers Title
Olvera Armando I -- Lawyers Title
Olvera Armando I $495,000 Lawyers Title
Conant Saldana Charlotte $312,000 First American Title Company
Conant David -- Southland Title
Conant Eva -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olvera Armando I $396,000
Previous Owner Conant Saldana Charlotte $260,000
Previous Owner Conant David $147,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2018 01/18/18 Sold $495,000 +2.1% $252 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $485,000 -- $246 / 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 $7,893 $563,221 $392,550 $170,671
2024 $7,893 $552,178 $384,853 $167,325
2023 $7,594 $541,352 $377,307 $164,045
2022 $7,251 $530,738 $369,909 $160,829
2021 $7,168 $520,332 $362,656 $157,676
2020 $7,220 $514,998 $358,938 $156,060
2019 $6,954 $504,900 $351,900 $153,000
2018 $4,047 $259,652 $123,334 $136,318
2016 $3,871 $249,572 $118,546 $131,026
2015 $3,817 $245,824 $116,766 $129,058
2014 $3,822 $241,009 $114,479 $126,530
Source: Public Records

Agents Affiliated with this Home

  • Tony Lovejoy

    Seller's Agent in 2018

    Tony Lovejoy

    RE/MAX

    (562) 810-3164

    17 Total Sales

    Tony Lovejoy
    Section Image
  • SERGIO PACHECO

    Buyer's Agent in 2018

    SERGIO PACHECO

    CENTURY 21 REALTY MASTERS

    (213) 760-1904

    10 Total Sales

    SERGIO PACHECO
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17244358

California Regional Multiple Listing Service (CRMLS)

APN: 6009-019-032

California Los Angeles County Los Angeles 90001

1705 E 65th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes