NOT LISTED FOR SALE

1724 Arapahoe St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $896,833 - $1,539,000

4 Beds
3 Baths
2,608 Sq Ft
$454/Sq Ft Est. Value

Last Sold March 14, 2016

Last sale price $445,000 $171 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $6,997/month

58 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Dining Room

About This Home

As of March 2016

Excellent location North of USC just off of Hoover and five minutes from Staples Center and Downtown LA!! Calling all investors, large two story property measuring over 2,600 square feet and located on a great corner lot. The floorplan has been altered, permits are unknown but unlikely. The home was built in 1901 and there weren't many cars back then so there is no onsite parking. However, plenty of street parking is available. Cash offers only please, the seller is motivated so thanks for submiting all reasonable offers.

Last Agent to Sell the Property

Cesar Reinoso

Reinoso Properties License #01117316 Listed on: 12/15/2015

Last Buyer's Agent

Jorge Zuniga

License #01502671

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,377

Year Built

  • Built in 1901

Lot Details

  • 3,690 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • On-Street Parking

Interior Spaces

  • 2,608 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 5056-010-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,377

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 2608
  • Stories: 2
  • Year Built: 1901
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: RealEstateOwned

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 173.47

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Lot Info

  • Assessor Parcel Number: 5056-010-020
  • Geocode Override: No
  • Lot Size Area: 3690

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2019
Sold by
Benitez Javier A
Bought by
Benitez Javier A and Benitez Ruben A
Current Estimated Value
$1,185,208

Purchase Details

Closed on
Apr 3, 2018
Sold by
Benitez Javier A
Bought by
Benitez Javier A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Outstanding Balance
$422,053
Interest Rate
5.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$763,155

Purchase Details

Listed on
Dec 15, 2015
Closed on
Mar 10, 2016
Sold by
Elite Redevelopment Investments Inc
Bought by
Benitez Javier A and Benitez Ruben A
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Jorge Zuniga
List Price
$452,400
Sold Price
$445,000
Premium/Discount to List
-$7,400
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.72%
Original Mortgage
$200,000
Interest Rate
3.72%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Dec 15, 2015
Closed on
Feb 18, 2016
Sold by
U S Bank Na
Bought by
Elite Redevelopment Investments Inc
Seller's Agent
Cesar Reinoso
Reinoso Properties
Buyer's Agent
Jorge Zuniga
List Price
$452,400
Sold Price
$445,000
Premium/Discount to List
-$7,400
-1.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 3, 2015
Sold by
Vazquez Francisco Javier
Bought by
U S Bank Na

Purchase Details

Closed on
Sep 18, 2003
Sold by
Vazquez Francisco Javier
Bought by
Vazquez Francisco Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1998
Sold by
Izquierdo Oscar E
Bought by
Vazquez Francisco Javier and Vazquez Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,934
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 28, 1994
Sold by
Hallaian Baxter
Bought by
Izquierdo Oscar E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 19, 1994
Sold by
Izquierdo Catalina
Bought by
Izquierdo Oscar E
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
Benitez Javier A -- None Available
Benitez Javier A -- Fidelity National Title
Benitez Javier A $645,500 Servicelink
Benitez Javier A -- Servicelink
Elite Redevelopment Investments Inc $446,000 Servicelink Title Company
U S Bank Na $441,862 Pacific Coast Title
Vazquez Francisco Javier -- United Title
Vazquez Francisco Javier $165,000 First Southwestern Title Co
Izquierdo Oscar E $125,000 United Title Company
Izquierdo Oscar E -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benitez Javier A $477,000
Closed Benitez Javier A $200,000
Previous Owner Vazquez Francisco Javier $263,000
Previous Owner Vazquez Francisco Javier $160,934
Previous Owner Izquierdo Oscar E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2016 03/14/16 Sold $445,000 -1.6% $171 / Sq Ft
02/11/2016 02/11/16 Pending -- -- --
12/15/2015 12/15/15 For Sale $452,400 -- $173 / 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 $9,377 $764,134 $611,310 $152,824
2024 $9,377 $749,152 $599,324 $149,828
2023 $9,203 $734,464 $587,573 $146,891
2022 $8,784 $720,063 $576,052 $144,011
2021 $8,665 $705,945 $564,757 $141,188
2019 $8,409 $992,503 $774,003 $218,500
2018 $8,318 $671,577 $537,262 $134,315
2016 $5,692 $456,862 $182,745 $274,117
2015 $3,793 $297,471 $182,601 $114,870
2014 $3,815 $291,645 $179,025 $112,620
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cesar Reinoso

    Reinoso Properties

    (949) 201-8050

    16 Total Sales

    Cesar Reinoso
    Section Image

  • J

    Buyer's Agent in 2016

    Jorge Zuniga

See All Agents

Map

Source: The MLS

MLS Number: 15-966207

The MLS

APN: 5056-010-020

California Los Angeles County Los Angeles 90006 Pico-Union

1724 Arapahoe St, Los Angeles, CA

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