$855,000
SOLD SEP 17, 2019
4 Beds
2 Baths
1,888 Sq Ft
3,586 Sq Ft Lot

Recently Sold

$453 Per Sq Ft

1% Above List Price

13 Days on Market

Highlights

  • Gated Parking
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2019

Introducing this thriving duplex in the heart of rapidly growing Mid-City. Target and Sprouts have been confirmed in a 87,000sqft, 2 story shopping center minutes away from this tastefully, securely gated, separately metered, updated multi-family. Tenants of Unit 1 enjoy a large living room, 2 bedrooms, updated kitchen and bath with secure, behind gate parking. Fully furnished Unit 2 includes a 1 car garage, storage room, 3 spacious bedrooms and updated kitchen and bath with garage parking and storage. Landlord owned washer and dryer and cloud based, high definition, night vision security cameras are just a few of the features that make this property landlord friendly and a valuable asset to any portfolio. THREE BEDROOM UNIT TO BE DELIVERED VACANT

Last Agent to Sell the Property

Cassandra Corum

Cassandra Corum License #01942706 Listed on: 07/31/2019

Last Buyer's Agent

Derrick Yuvienco

AD Valorem Realty Group License #01743476

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,239

Year Built

  • Built in 1922

Lot Details

  • 3,586 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,888 Sq Ft Home
  • 1-Story Property
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Parking Spaces
  • Driveway
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5071-021-033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,239

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1888
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dryer, Garbage Disposal, Washer
  • Price Per S Q F T: 447.56

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete, Garage - 1 Car, Gated
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 228465
  • Assessed Land Value: 320675
  • Assessor Parcel Number: 5071-021-033
  • Geocode Override: No
  • Lot Size Area: 3586

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.75
  • Number Of Units: 2
  • Total Annual Expense: 12731
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 12, 2019
Sold by
Sorunke Olasunbo
Bought by
Sonusi Opeyemi Elijah
Seller's Agent
Cassandra Corum
Cassandra Corum
Buyer's Agent
Derrick Yuvienco
AD Valorem Realty Group
List Price
$845,000
Sold Price
$855,000
Premium/Discount to List
$10,000
1.18%
Current Estimated Value
$1,142,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,280
Avg. Annual Appreciation
4.97%
Original Mortgage
$726,525
Interest Rate
3.7%

Purchase Details

Listed on
Jul 31, 2019
Closed on
Sep 6, 2019
Sold by
5K Properties Inc
Bought by
Sonusi Opeyemi Elijah
Seller's Agent
Cassandra Corum
Cassandra Corum
Buyer's Agent
Derrick Yuvienco
AD Valorem Realty Group
List Price
$845,000
Sold Price
$855,000
Premium/Discount to List
$10,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,525
Interest Rate
3.7%

Purchase Details

Closed on
Feb 25, 2019
Sold by
Reese Shannon M and Pierce Kim M
Bought by
Sk Properties Inc

Purchase Details

Closed on
Dec 22, 2018
Sold by
Shannon Michael J
Bought by
Pierce Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 19, 2018
Sold by
Sk Properties Inc
Bought by
Reese Shannon M and Pierce Kim M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
5.99%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 8, 2017
Closed on
Aug 25, 2017
Sold by
Elmoro Holdings Llc
Bought by
Sk Properties Inc
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Cassandra Corum
Cassandra Corum
List Price
$775,000
Sold Price
$755,000
Premium/Discount to List
-$20,000
-2.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.39%
Original Mortgage
$337,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 2017
Sold by
Menendez Irene Virginia
Bought by
Elmoro Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 7, 2004
Sold by
Menendez Ana Lucia
Bought by
Menendez Irene Virginia

Purchase Details

Closed on
Dec 16, 2003
Sold by
Menendez Ana Lucia
Bought by
Menendez Ana Lucia

Purchase Details

Closed on
Mar 19, 1998
Sold by
Soto Concepcion
Bought by
Menendez Ana Lucia and Monges Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,268
Interest Rate
7%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 14, 1997
Sold by
Bankers Trust Company Of California Na
Bought by
Soto Concepcion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,800
Interest Rate
7.26%

Purchase Details

Closed on
Mar 18, 1997
Sold by
Garcia Julio C
Bought by
Bankers Trust Company Of California Na and Vendee Mtg Trust 1994-1

Purchase Details

Closed on
Sep 24, 1993
Sold by
Va
Bought by
Garcia Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.94%
Mortgage Type
Seller Take Back
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
Warranty Deed -- Equity Title Company
Warranty Deed $855,000 Equity Title Los Angeles
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title Sd
Quit Claim Deed -- Lawyers Title Sd
Grant Deed $755,000 Stewart Title
Grant Deed $588,000 Title 365
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Commerce Title
Grant Deed $175,000 First American
Grant Deed $93,500 First American Title Co
Trustee Deed $96,498 First Southwestern Title
Deed $138,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $803,000 New Conventional
Closed $726,525 No Value Available
Previous Owner $348,000 Adjustable Rate Mortgage/ARM
Previous Owner $337,000 Purchase Money Mortgage
Previous Owner $147,000 Unknown
Previous Owner $441,000 Purchase Money Mortgage
Previous Owner $390,000 Stand Alone First
Previous Owner $255,000 New Conventional
Previous Owner $171,268 FHA
Previous Owner $74,800 No Value Available
Previous Owner $138,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2019 09/17/19 Sold $855,000 +1.2% $453 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $845,000 +11.9% $448 / Sq Ft
10/18/2017 10/18/17 Sold $755,000 -2.6% $400 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $775,000 -- $410 / 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 $11,239 $935,064 $699,932 $235,132
2024 $11,239 $916,730 $686,208 $230,522
2023 $11,025 $898,755 $672,753 $226,002
2022 $10,516 $881,133 $659,562 $221,571
2021 $10,380 $863,857 $646,630 $217,227
2019 $9,351 $770,100 $612,000 $158,100
2018 $9,269 $755,000 $600,000 $155,000
2016 $6,544 $538,374 $314,388 $223,986
2015 $6,449 $530,288 $309,666 $220,622
2014 $6,478 $519,902 $303,601 $216,301
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-494770

The MLS

APN: 5071-021-033