NOT LISTED FOR SALE

Estimated Value: $640,083 - $946,000

9 Beds
4 Baths
1,188 Sq Ft
$702/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $340,000 $286 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $4,981/month

11 Days on Market

Highlights

  • Wind Turbine Power
  • Green Roof
  • No HOA
  • View of Trees or Woods
  • Contemporary Architecture
  • Den

About This Home

As of November 2014

This home is located at 1722 W 45th St, Los Angeles, CA 90062 since 19 May 2014 and is currently estimated at $834,021, approximately $702 per square foot. This property was built in 1930. 1722 W 45th St is a home located in Los Angeles County with nearby schools including Normandie Avenue Elementary School, Barack Obama Global Preparation Academy, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

Last Agent to Sell the Property

Maria Amaya

C-21 Jervis & Associates License #01176249 Listed on: 05/19/2014

Last Buyer's Agent

Maria Amaya

C-21 Jervis & Associates License #01176249 Listed on: 05/19/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,336

Year Built

  • Built in 1930

Lot Details

  • 6,306 Sq Ft Lot
  • Two or More Common Walls
  • Northwest Facing Home
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Fixer Upper
  • Raised Foundation
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Screens
  • Living Room with Fireplace
  • Den
  • Carpet
  • Views of Woods
  • Carbon Monoxide Detectors
  • Gas Cooktop

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include conserving methods
  • Green Roof
  • Wind Turbine Power

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • No Interior Steps
  • Rain Gutters
  • Two Homes on a Lot

Listing and Financial Details

  • Legal Lot and Block 7 / 2
  • Tax Tract Number 2324
  • Assessor Parcel Number 5016006007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Built by assesors
  • Assesors

Amenities

  • Service Entrance

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,025
  • Net Operating Income $35,102

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,336

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Zoning: south wes
  • Architectural Style: Contemporary
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5016006007
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Door Features: Service Entrance
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 286.20
  • Room Type: Den
  • Window Features: Screens

Exterior Features

  • Direction Faces: Northwest
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Rain Gutters
  • View: Trees/Woods
  • Fencing: Chain Link
  • Builder Name: assesors
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Parking: No

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Green Sustainability: Conserving Methods
  • Green Water Conservation: Flow Control
  • Efficiency: Roof
  • Green Power: Wind

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size: 6306
  • Lot Size Sq Ft: 6306.00
  • Lot Size Acres: 0.1450

Multi Family

  • Average1 Bed Area: 600
  • Average2 Bed Area: 780
  • Average3 Bed Area: 1188
  • Average Studio Area: 500
  • Gross Income: 3025.00
  • Gross Scheduled Income: 36300.00
  • Lot Size Area: 6306.0000 Square Feet
  • Net Operating Income: 35102.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 1197.00
  • Rent Control: Yes
  • Vacancy Allowance: 1

Tax Info

  • Tax Area: 212
  • Tax Block: 2
  • Taxes Percent: 3.15
  • Tax Lot: 7
  • Tax Tract Number: 2324
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2014
Closed on
Oct 2, 2014
Sold by
Morris Derek
Bought by
Torres Maximillian
Seller's Agent
Maria Amaya
C-21 Jervis & Associates
Buyer's Agent
Maria Amaya
C-21 Jervis & Associates
List Price
$349,000
Sold Price
$340,000
Premium/Discount to List
-$9,000
-2.58%
Current Estimated Value
$834,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$494,021
Avg. Annual Appreciation
9.54%
Original Mortgage
$300,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2004
Sold by
Hud
Bought by
Morris Derek

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,769
Interest Rate
4.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 6, 2002
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 12, 2002
Sold by
Lake Reid Jami
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Jul 3, 2002
Sold by
Reese J Suyin and The Washington Reese Family Tr
Bought by
Rainer Eddie Don

Purchase Details

Closed on
Jul 19, 2001
Sold by
Lake Reid Jami Cheryl
Bought by
Reese J Suyin and The Washington Reese Family Tr

Purchase Details

Closed on
Apr 29, 1999
Sold by
Jaguar Real Estate Partners Llc
Bought by
Lake Reid Jami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,339
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 19, 1999
Sold by
Blade Charley V
Bought by
Jaguar Real Estate Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 31, 1998
Sold by
Blade Charley V
Bought by
Delpit Leonard
Source: Public Records

Range of Values:

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Average Value
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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
Torres Maximillian $340,000 None Available
Morris Derek $475,500 Ctc
Hud -- First American Title Ins Co
Chase Manhattan Mtg Corp $294,533 --
Rainer Eddie Don -- --
Reese J Suyin -- --
Lake Reid Jami $250,000 Gateway Title Company
Jaguar Real Estate Partners Llc $169,557 --
Delpit Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Maximillian H $406,000
Closed Torres Maximillian $300,000
Previous Owner Morris Derek $523,800
Previous Owner Morris Derek $427,769
Previous Owner Lake Reid Jami $248,339
Previous Owner Delpit Leonard F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $340,000 -2.6% $286 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $349,000 -- $294 / 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 $5,336 $408,620 $336,514 $72,106
2024 $5,336 $400,609 $329,916 $70,693
2023 $5,244 $392,755 $323,448 $69,307
2022 $5,018 $385,055 $317,106 $67,949
2021 $4,941 $377,506 $310,889 $66,617
2020 $4,985 $374,116 $307,702 $66,414
2019 $4,802 $366,791 $301,669 $65,122
2018 $4,699 $359,609 $295,754 $63,855
2016 $4,472 $345,185 $284,270 $60,915
2015 $4,411 $340,000 $280,000 $60,000
2014 $6,980 $540,681 $432,092 $108,589
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14103905

California Regional Multiple Listing Service (CRMLS)

APN: 5016-006-007