NOT LISTED FOR SALE

1716 E 62nd St Los Angeles, CA 90001

Estimated Value: $500,838 - $805,000

4 Beds
2 Baths
1,260 Sq Ft
$558/Sq Ft Est. Value

Last Sold February 02, 2018

Last sale price $360,000 $286 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,579/month

72 Days on Market

About This Home

As of February 2018

TRUST SALE... SOLD "AS-IS" CONDITION......1ST UNIT: 1 BEDROOM, 1 BATH, 2nd room used as bedroom, NO GARAGE...... 2ND UNIT: UNPERMITTED, STUDIO.... 3RD UNIT: PERMITTED 2 BEDROOM, 1 BATH.....4TH UNIT: UNPERMITTED, 2 BEDROOM, 1 BATH. OPEN CARPORT LOCATED IN REAR FOR ALL UNITS. BUYER TO INVESTIGATE ALL INCLUDING, BUT NOT LIMITED TO CITY PERMITS, CITY CODE, & PRESENT CONDITION. PROPERTY SHOWS AS A DUPLEX IN TAX ASSESSOR'S OFFICE. SEE AGENT REMARKS FOR DETAILS. NO RENT CONTROL FOR SUBJECT PROPERTY AND ON A CUL-DE-SAC. THIS PROPERTY WILL NOT QUALIFY FOR TRADITIONAL FINANCING DUE TO IT'S PHYSICAL CONDITION AND REQUIRES AN ALL CASH BUYER. PROPERTY REQUIRES 3RD PARTY APPROVAL.

Last Agent to Sell the Property

Alex Veloz

Assurant Properties License #01713165 Listed on: 10/22/2017

Last Buyer's Agent

Dean Clark

ACOSTA ENTERPRISES, INC. License #01863168

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,193

Year Built

  • Built in 1921

Lot Details

  • 6,618 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,260 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5327
  • Assessor Parcel Number 6009012004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,193

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Other Phone Description: 626-872-5391
  • Property Attached: No
  • Zoning: LCR4*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6009012004
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 285.71

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6618.00

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5327.00
  • Tax Lot: 4
  • Tax Tract Number: 5327.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2017
Closed on
Dec 14, 2017
Sold by
Rauda Constantino Alejandra and Rauda Family Trust
Bought by
Ortiz Really And Investments Inc
Seller's Agent
Alex Veloz
Assurant Properties
Buyer's Agent
Dean Clark
ACOSTA ENTERPRISES, INC.
List Price
$360,000
Sold Price
$360,000
Current Estimated Value
$711,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,546
Avg. Annual Appreciation
10.03%
Original Mortgage
$386,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Ortiz Really And Investments Inc $360,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ortiz Realty And Investments Inc $386,000
Previous Owner Ortiz Really And Investments Inc $386,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2018 02/02/18 Sold $360,000 0.0% $286 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
11/21/2017 11/21/17 For Sale $360,000 0.0% $286 / Sq Ft
11/01/2017 11/01/17 Off Market $360,000 -- --
10/22/2017 10/22/17 For Sale $360,000 -- $286 / 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 $8,193 $546,152 $318,589 $227,563
2024 $8,193 $535,444 $312,343 $223,101
2023 $7,811 $524,946 $306,219 $218,727
2022 $7,476 $514,654 $300,215 $214,439
2021 $7,390 $504,564 $294,329 $210,235
2020 $7,439 $499,392 $291,312 $208,080
2019 $7,179 $489,600 $285,600 $204,000
2018 $5,185 $367,200 $238,476 $128,724
2016 $2,217 $117,794 $19,266 $98,528
2015 $2,187 $116,026 $18,977 $97,049
2014 $2,194 $113,754 $18,606 $95,148
Source: Public Records

Agents Affiliated with this Home

  • Alex Veloz

    Seller's Agent in 2018

    Alex Veloz

    Assurant Properties

    (626) 872-5391

    1 in this area

    28 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Dean Clark

    ACOSTA ENTERPRISES, INC.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17241726

California Regional Multiple Listing Service (CRMLS)

APN: 6009-012-004

California Los Angeles County Los Angeles 90001

1716 E 62nd St, Los Angeles, CA

This home is located at 1716 E 62nd St, Los Angeles, CA 90001 since 22 October 2017 and is currently estimated at $703,210, approximately $558 per square foot. This property was built in 1921. 1716 E 62nd St is a home located in Los Angeles County with nearby schools including Lillian Street Elementary School, Thomas A. Edison Middle School, and Linda Esperanza Marquez High School.

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

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