NOT LISTED FOR SALE

1731 E 62nd St Los Angeles, CA 90001

Estimated Value: $789,453 - $937,000

7 Beds
4 Baths
2,600 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 02, 2014

Last sale price $425,000 $163 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $5,161/month

105 Days on Market

Highlights

  • Attic Fan
  • Forced Air Heating System
  • Controlled Entrance
  • Linda Esperanza Marquez High A Huntington Park Institute Of Applied Medicine Rated A-

About This Home

As of August 2014

Perfect investment property. Completely remodeled triplex that is NOT under rent control! Two separate buildings. Front is 1631n and 1631 1/2. East 62nd Street. Two 2/1's and huge storage. Back house is 1633 1/2 separate house with private yard and parking. It is a very large 3/1. Live in the back and let the front house pay the mortgage. Buyer to verify all permits, square footage and condition. Owner is broker.

Last Agent to Sell the Property

Jeff Ester

Jeff Ester License #01909570 Listed on: 01/13/2014

Last Buyer's Agent

Jeff Ester

Jeff Ester License #01909570 Listed on: 01/13/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,797

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Attic Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Controlled Entrance

Additional Features

  • 6,797 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6009-010-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,797 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2600
  • Stories: 2
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 4.00
  • Equipment: Attic Fan
  • Price Per S Q F T: 163.46

Exterior Features

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

Garage/Parking

  • Parking Garage: Controlled Entrance
  • Total Parking: 3

Utilities

  • Heating: Forced Air

Lot Info

  • Assessed Improvement Value: 231932
  • Assessed Land Value: 262142
  • Assessor Parcel Number: 6009-010-022
  • Geocode Override: No
  • Lot Size Area: 6797

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 9.00
  • Number Of Units: 3
  • Rent Control: NO
  • Type Of Units: Income

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2014
Sold by
Palisades Development Llc
Bought by
Coulter Dina
Current Estimated Value
$870,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2013
Sold by
James Duron Lee and James Martha Geoconda
Bought by
Palisades Development Llc

Purchase Details

Closed on
Sep 22, 2006
Sold by
James Duron Lee and James Martha Geoconda
Bought by
James Duron Lee and James Martha Geoconda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,500
Interest Rate
11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2004
Sold by
Maldonado Blanca Rosa
Bought by
James Duron Lee and James Martha Geoconda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 13, 2004
Sold by
Berumen Martha
Bought by
Maldonado Blanca Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2002
Sold by
Berumen Juan
Bought by
Berumen Martha

Purchase Details

Closed on
Jun 27, 2001
Sold by
Berumen Angel and The Angel Berumen Living Trust
Bought by
Berumen Angel

Purchase Details

Closed on
Apr 5, 2001
Sold by
Berumen Angel
Bought by
Berumen Martha and Berumen Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.14%

Purchase Details

Closed on
Aug 19, 1998
Sold by
Berumen Angel
Bought by
Angel Berumen Living Trust

Purchase Details

Closed on
Aug 5, 1998
Sold by
Castaneda Herminia M
Bought by
Berumen Angel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coulter Dina $420,000 Nations Title Company
Coulter Diana -- Nations Title Company
Palisades Development Llc -- None Available
James Duron Lee -- None Available
James Duron Lee -- None Available
Maldonado Blanca Rosa $315,000 Alliance Title
Berumen Martha -- United Title Company
Berumen Angel -- --
Berumen Martha $120,000 United Title
Angel Berumen Living Trust -- --
Berumen Angel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coulter Diana $315,000
Previous Owner James Duron Lee $374,500
Previous Owner Maldonado Blanca Rosa $315,000
Previous Owner Berumen Martha $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2014 08/02/14 Sold $425,000 -22.6% $163 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $549,000 -- $211 / Sq Ft
Source: The MLS

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 $8,302 $514,850 $405,019 $109,831
2024 $8,302 $504,756 $397,078 $107,678
2023 $7,839 $494,860 $389,293 $105,567
2022 $7,520 $485,158 $381,660 $103,498
2021 $7,437 $475,646 $374,177 $101,469
2020 $7,483 $470,770 $370,341 $100,429
2019 $7,234 $461,540 $363,080 $98,460
2018 $7,060 $452,491 $355,961 $96,530
2016 $6,766 $434,923 $342,140 $92,783
2015 $6,670 $428,391 $337,001 $91,390
2014 -- $241,591 $190,862 $50,729
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeff Ester

    Jeff Ester

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Map

Source: The MLS

MLS Number: 14-728989

The MLS

APN: 6009-010-022

California Los Angeles County Los Angeles 90001

1731 E 62nd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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