NOT LISTED FOR SALE

1706 E 114th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $589,818 - $841,000

4 Beds
2 Baths
1,440 Sq Ft
$528/Sq Ft Est. Value

Last Sold June 11, 2018

Last sale price $370,000 $257 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,693/month

21 Days on Market

About This Home

As of June 2018

Investment opportunity is knocking!!! 1 of 2 Duplex's that sit on same corner. Each building has 2 units which are 2 bedrooms/1 bath each. All units are fully occupied with tenants. Owner will NOT vacate any of the units. 2 garages as well as ample on site parking. Prefer to sell both buildings (1720 & 1706) together. (See MLS# 18-327958) Area is "rent controlled". Property being sold "as-is". Seller will make no repairs. All offers will be subject to inspection. Buyer's are advised to independently verify accuracy of all information provided.

Last Agent to Sell the Property

JADA DUNOMES

All Saints Realty License #01979116 Listed on: 03/29/2018

Last Buyer's Agent

Oscar Escobedo

HomeSmart Realty Group License #01765030

HomeSmart Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,469

Year Built

  • Built in 1957

Lot Details

  • 6,917 Sq Ft Lot

Home Design

  • 1,440 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 5 Car Garage
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 6069-026-046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,469

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1440
  • Probate: No
  • Year Built: 1957
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 260.42

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage
  • Total Parking: 5

Utilities

  • Water Heater: Gas
  • Heating: Wall Gas
  • Water: District

Lot Info

  • Assessed Improvement Value: 24050
  • Assessed Land Value: 8422
  • Assessor Parcel Number: 6069-026-046
  • Geocode Override: No
  • Lot Size Area: 6917

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.16
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 3500
  • Type Of Units: 1706,1708
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Apr 24, 2018
Sold by
Koi Gold Llc
Bought by
Ferrufino William Alberto
Seller's Agent
JADA DUNOMES
All Saints Realty
Buyer's Agent
Oscar Escobedo
HomeSmart Realty Group
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Current Estimated Value
$760,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,205
Avg. Annual Appreciation
10.25%
Original Mortgage
$277,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2008
Sold by
Fields Archie Ann and The Fields Revocable Living Tr
Bought by
Koi Gold Llc

Purchase Details

Closed on
Jul 25, 2008
Sold by
Fields Archie Ann and Fields Revocable Living Trust
Bought by
Fields Archie Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.41%
Mortgage Type
New Conventional
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
Ferrufino William Alberto $370,000 Fidelity National Title Com
Koi Gold Llc -- None Available
Fields Archie Ann -- None Available
Fields Archie Ann -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferrufino William Alberto $277,500
Previous Owner Fields Archie Ann $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2018 06/11/18 Sold $370,000 -1.3% $257 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
03/29/2018 03/29/18 For Sale $375,000 -- $260 / Sq Ft
Source: The MLS

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 $8,469 $653,715 $341,347 $312,368
2024 $8,469 $640,898 $334,654 $306,244
2023 $5,478 $404,647 $328,093 $76,554
2022 $5,239 $396,713 $321,660 $75,053
2021 $5,172 $388,935 $315,353 $73,582
2019 $5,024 $377,400 $306,000 $71,400
2018 $859 $33,121 $8,590 $24,531
2016 $805 $31,836 $8,257 $23,579
2015 $793 $31,358 $8,133 $23,225
2014 $805 $30,745 $7,974 $22,771
Source: Public Records

Agents Affiliated with this Home

  • JADA DUNOMES

    Seller's Agent in 2018

    JADA DUNOMES

    All Saints Realty

    (213) 675-5232

    4 Total Sales

    JADA DUNOMES
    Section Image
  • Oscar Escobedo

    Buyer's Agent in 2018

    Oscar Escobedo

    HomeSmart Realty Group

    (323) 312-4959

    2 Total Sales

    Oscar Escobedo
    Section Image
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Map

Source: The MLS

MLS Number: 18-327992

The MLS

APN: 6069-026-046

California Los Angeles County Los Angeles 90059 Watts

1706 E 114th St, Los Angeles, CA

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