NOT LISTED FOR SALE

1706 S Redondo Blvd Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,291,000 - $1,652,000

6 Beds
4 Baths
2,900 Sq Ft
$489/Sq Ft Est. Value

Last Sold April 19, 2012

Last sale price $520,000 $179 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $8,146/month

155 Days on Market

About This Home

As of April 2012

OWN THIS EXCEPTIONAL QUADRUPLEX, IN ONE OF THE MOST SOUGHT AFTER NEIGHBORHOODS, JUST MINUTES TO BEVERLY HILLS AND HANCOCK PARK. GORGEOUS FRONT HOUSE, ABOUT 1400 SQ. FT. AND 3 UNITS IN BACK, 1600 SQ. FT. AND LAND SIZE 10,000 SF, WITH HARDWOOD FLOORS THROUGHOUT, WOOD BURNING FIREPLACE, NEW DOUBLE PANED WINDOWS, ORIGINAL CROWN MOLDING, NEW ROOF, NEW COPPER PLUMBING, UPGRADED ELECTRICAL AND MANY MORE GREAT AMENITIES. PRIDE OF OWNERSHIP. DON'T MISS IT! GREAT AS OWNER OCCUPIED (AS IS NOW) OR AS AN INVESTMENT.

Last Agent to Sell the Property

Bruno Pisano

Spalding & Associates License #01355242 Listed on: 06/13/2011

Last Buyer's Agent

Bruno Pisano

Spalding & Associates License #01355242 Listed on: 06/13/2011

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,270

Year Built

  • Built in 1947

Lot Details

  • 9,408 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 2,900 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Carport

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-002-051

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,270

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2900
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Dishwasher, Dryer, Range/Oven, Washer
  • Price Per S Q F T: 205.17

Exterior Features

  • Pool: No

Garage/Parking

  • Parking Garage: Carport, Garage
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 113520
  • Assessed Land Value: 148351
  • Assessor Parcel Number: 5067-002-051
  • Lot Size Area: 9408

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.95
  • Number Of Units: 4
  • Rent Control: 100
  • Total Annual Expense: 1200
  • Type Of Units: Quadruplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2011
Closed on
Jun 11, 2012
Sold by
Ibanez Felicidad
Bought by
Ibanez Felicidad and Felicidad Ibanez Trust
Seller's Agent
Bruno Pisano
Spalding & Associates
Buyer's Agent
Bruno Pisano
Spalding & Associates
List Price
$600,000
Sold Price
$520,000
Premium/Discount to List
-$80,000
-13.33%
Current Estimated Value
$1,417,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$897,657
Avg. Annual Appreciation
7.69%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Walls Charles W and Walls Shelley L
Bought by
Ibanez Felicidad and Aspron Jorge H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1996
Sold by
Bolan Inez Johnson
Bought by
Walls Charles W and Walls Shelley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,702
Interest Rate
7.41%
Mortgage Type
FHA
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
Ibanez Felicidad -- None Available
Ibanez Felicidad $520,000 Fidelity National Title Co
Walls Charles W $203,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ibanez Felicidad $400,000
Previous Owner Walls Charles W $196,702
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2012 04/19/12 Sold $520,000 -13.3% $179 / Sq Ft
11/15/2011 11/15/11 Pending -- -- --
06/13/2011 06/13/11 For Sale $600,000 -- $207 / 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 $8,270 $653,136 $376,811 $276,325
2024 $8,270 $640,330 $369,423 $270,907
2023 $8,121 $627,776 $362,180 $265,596
2022 $7,764 $615,468 $355,079 $260,389
2021 $7,656 $603,401 $348,117 $255,284
2020 $7,727 $597,935 $344,548 $253,387
2019 $7,438 $586,226 $337,793 $248,433
2018 $7,301 $574,746 $331,170 $243,576
2016 $6,968 $551,738 $318,311 $233,427
2015 $6,870 $543,451 $313,530 $229,921
2014 $6,917 $532,807 $307,389 $225,418
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Bruno Pisano

    Spalding & Associates

See All Agents

Map

Source: The MLS

MLS Number: 11-534323

The MLS

APN: 5067-002-051

California Los Angeles County Los Angeles 90019 Mid-City

1706 S Redondo Blvd, Los Angeles, CA

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