$2,150,000
SOLD APR 8, 2025

1731 E 68th St Los Angeles, CA 90001

19 Beds
19 Baths
6,905 Sq Ft
6,949 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

10% Below List Price

76 Days on Market

Highlights

  • New Construction
  • Cul-De-Sac
  • Central Heating and Cooling System
  • Linda Esperanza Marquez High School Rated A-
  • Laundry Room
  • Vinyl Flooring

About This Home

As of April 2025

NEW CONSTRUCTION AND NO RENT CONTROLLED 4-unit located in the city of Los Angeles. Close to major freeways, restaurants and much more. This property is made up of two separate 3-story buildings. One of the front units is 4 bedrooms, 4 bathrooms, the second unit is 5 bedrooms, 5 bathrooms, and the rear two units are 5 bedrooms and 5 bathrooms. Property also has 8 parking spaces within the gated property. The location and modern look of the property makes it easy to rent. 4 separate water, gas and electrical meters make it perfect for any investor looking to add to their property profile. PAID OFF SOLAR PANELS make it ideal to minimize the electricity bill. Little to no maintenance for years to come make it perfect for any investor.

Last Agent to Sell the Property

Fortino Santana

VIP RE Firm Brokerage Phone: 562-843-9828 License #02054851 Listed on: 12/18/2024

VIP RE Firm

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,214

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 6,949 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac

Parking

  • 6 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 6,905 Sq Ft Home
  • 3-Story Property
  • Vinyl Flooring
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 19 Bedrooms
  • 19 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5 / B
  • Assessor Parcel Number 6009024019
  • $754 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,214

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

6

Listing Details

  • Price Per Unit: 574750
  • Property Attached: Yes
  • Zoning: LCR4*
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6009024019
  • Year Built: 2024
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: NewHome

Interior Features

  • Stories: 3
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 311.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 6949.00
  • Lot Size Acres: 0.1595

Multi Family

  • Lot Size Area: 6949.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Block: B
  • Tax Census Tract: 5330.02
  • Tax Lot: 5
  • Tax Tract Number: FLO...
  • TaxOtherAnnualAssessmentAmount: 754.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2024
Closed on
Apr 24, 2025
Sold by
Alamdar Husnain
Bought by
Alamdar Family Trust and Alamdar
Seller's Agent
Fortino Santana
VIP RE Firm
List Price
$2,400,000
Sold Price
$2,150,000
Premium/Discount to List
-$250,000
-10.42%
Views
131
Current Estimated Value
$2,050,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,456
Avg. Annual Appreciation
-9.99%
Original Mortgage
$1,612,500
Outstanding Balance
$1,607,423
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$443,121

Purchase Details

Listed on
Dec 18, 2024
Closed on
Mar 31, 2025
Sold by
Santana Investors Llc
Bought by
Alamdar Husnain
Seller's Agent
Fortino Santana
VIP RE Firm
List Price
$2,400,000
Sold Price
$2,150,000
Premium/Discount to List
-$250,000
-10.42%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,612,500
Outstanding Balance
$1,607,423
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$443,121

Purchase Details

Listed on
Dec 18, 2024
Closed on
Mar 17, 2025
Sold by
Alamdar Jesica Hilda
Bought by
Alamdar Husnain
Seller's Agent
Fortino Santana
VIP RE Firm
List Price
$2,400,000
Sold Price
$2,150,000
Premium/Discount to List
-$250,000
-10.42%
Views
131

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,612,500
Outstanding Balance
$1,607,423
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$443,121

Purchase Details

Closed on
May 25, 2022
Sold by
Rivas Family Trust and Rivas Linda G
Bought by
Santana Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1996
Sold by
Rivas Juan and Rivas Linda
Bought by
Rivas Juan C and Rivas Linda G
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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $2,150,000 Wfg National Title
Grant Deed -- Wfg National Title
Grant Deed $520,000 First American Title Company O
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,612,500 New Conventional
Previous Owner $1,350,000 New Conventional
Previous Owner $364,000 New Conventional
Previous Owner $143,550 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Sold $2,150,000 -6.5% $311 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/05/2025 02/05/25 Price Changed $2,299,000 -4.2% $333 / Sq Ft
12/18/2024 12/18/24 For Sale $2,400,000 +361.5% $348 / Sq Ft
11/14/2022 11/14/22 Sold $520,000 0.0% $619 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $520,000 -- $619 / 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 $7,214 $541,007 $432,806 $108,201
2024 $7,214 $530,400 $424,320 $106,080
2023 $6,932 $520,000 $416,000 $104,000
2022 $1,022 $24,193 $16,139 $8,054
2021 $1,008 $23,720 $15,823 $7,897
2020 $1,006 $23,478 $15,661 $7,817
2019 $988 $23,018 $15,354 $7,664
2018 $905 $22,567 $15,053 $7,514
2016 $863 $21,692 $14,469 $7,223
2015 $853 $21,367 $14,252 $7,115
2014 $859 $20,949 $13,973 $6,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24244174

California Regional Multiple Listing Service (CRMLS)

APN: 6009-024-019