NOT LISTED FOR SALE

Estimated Value: $680,000 - $1,091,000

2 Beds
2 Baths
1,388 Sq Ft
$596/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $327,000 $236 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $4,891/month

448 Days on Market

About This Home

As of September 2016

Great income property close to downtown LA, centrally located near major freeways and new developments. Both units have 1bed/1bath with bonus room, property being sold "As Is." Don't miss this opportunity!

Last Agent to Sell the Property

Luther Sanchez

Century 21 Allstars License #01226461 Listed on: 02/17/2016

Century 21 Allstars

Last Buyer's Agent

Cyrus Mazarei

American Dream Team License #00797989

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,698

Year Built

  • Built in 1914

Lot Details

  • 2,771 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • On-Street Parking

Home Design

  • 1,388 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 5075022019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $1,800
  • Gross Income $2,670
  • Net Operating Income $30,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,698

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5075022019
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 235.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Sewer Available
  • Sewer: Sewer Paid
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 2771.00
  • Price Per Lot Square Foot: 119.09
  • Lot Size Acres: 0.0640

Multi Family

  • Gross Income: 2670.00
  • Gross Scheduled Income: 32040.00
  • Lot Size Area: 2771.0000 Square Feet
  • Net Operating Income: 30240.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2016
Sold by
Fernandez Katia E
Bought by
Lee Jong Min and Lee Eun Yeong
Current Estimated Value
$827,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,250
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2015
Sold by
Fernandez Katia E
Bought by
Fernandez Katia E and K E Fernandez Living Trust

Purchase Details

Closed on
Mar 12, 2004
Sold by
Rostran Leana M and Rostran Delia Maria
Bought by
Fernandez Katia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2003
Sold by
Rostran Leana Mercedes
Bought by
Rostran Leana Mercedes

Purchase Details

Closed on
Mar 27, 2002
Sold by
Rodriguez Gabriel and Rodriguez Maria
Bought by
Rostran Leana Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,600
Interest Rate
6.6%

Purchase Details

Closed on
May 4, 1999
Sold by
Puga Patricia
Bought by
Rodriguez Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,812
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1993
Sold by
Rodriguez Gabriel and Rodriguez Maria Reyes
Bought by
Rodriguez Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.81%
Source: Public Records

Range of Values:

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Average Value
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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
Lee Jong Min $327,000 Orange Coast Title Co Socal
Fernandez Katia E -- None Available
Fernandez Katia E $269,000 Investors Title Company
Rostran Leana Mercedes -- --
Rostran Leana Mercedes $188,000 Old Republic Title Company
Rodriguez Gabriel -- United Title
Rodriguez Gabriel -- Western Cities Title
Puga Patricia -- Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Jong Min $245,250
Previous Owner Fernandez Katia E $322,600
Previous Owner Fernandez Katia E $340,000
Previous Owner Fernandez Katia E $212,000
Previous Owner Rostran Leana Mercedes $178,600
Previous Owner Rodriguez Gabriel $127,812
Previous Owner Rodriguez Gabriel $102,000
Closed Fernandez Katia E $39,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $327,000 -6.3% $236 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
04/06/2015 04/06/15 For Sale $349,000 -- $251 / 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 $4,698 $379,505 $232,114 $147,391
2024 $4,698 $372,064 $227,563 $144,501
2023 $4,613 $364,769 $223,101 $141,668
2022 $4,405 $357,618 $218,727 $138,891
2021 $4,344 $350,607 $214,439 $136,168
2019 $4,217 $340,210 $208,080 $132,130
2018 $4,165 $333,540 $204,000 $129,540
2016 $4,006 $323,073 $300,258 $22,815
2015 $3,949 $318,221 $295,748 $22,473
2014 -- $311,988 $289,955 $22,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15071832

California Regional Multiple Listing Service (CRMLS)

APN: 5075-022-019