NOT LISTED FOR SALE

1732 Browning Blvd Los Angeles, CA 90062

Exposition Park Neighborhood

Estimated Value: $823,000 - $1,228,000

2 Beds
1 Bath
1,932 Sq Ft
$508/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $725,000 $375 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,963/month

30 Days on Market

Highlights

  • Fireplace in Bathroom
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window
  • Wood Flooring
  • 2 Car Direct Access Garage
  • 5-minute walk to Martin Luther King Jr Park

About This Home

As of September 2018

LOCATION, LOCATION, LOCATION!!!!
GREAT DUPLEX close by the LEIMERT AREA.
Two identical UNITS looking like model homes.
Have being REMODELED TO THE MAX New kitchens, New Baths, New paint, New Windows, New Electrical and Plumbing systems. Very Spacious living room, tons of storage rooms. New lighting and New Molding around around the properties.
Everything has being renovated by codes and is extreme in detail well done.
Each unit has its own garage. On title it shows one bedroom each unit. Physically there are two bedrooms in each unit.
Driveways have being also renovated with very strong wires and cement.
Iron Gate and great space for parking in driveway. Garage is also accessible thru the alley.
GREAT OPPORTUNITY TO LIVE IN ONE AND RENT THE OTHER.
This is in Rent control area but is definitely great rent income for the right side unit.

Last Agent to Sell the Property

Christine Hernandez

Century 21 Masters License #01723510 Listed on: 07/02/2018

Century 21 Masters

Last Buyer's Agent

Christine Hernandez

Century 21 Masters License #01723510 Listed on: 07/02/2018

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,880

Year Built

  • Built in 1922

Lot Details

  • 6,737 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 1,932 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom
  • Fireplace in Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 27
  • Tax Tract Number 4463
  • Assessor Parcel Number 5035008010

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $650
  • Trash Expense $510
  • Water Sewer Expense $2,500
  • New Taxes Expense $4,815
  • Operating Expense $9,075
  • Gross Income $23,350
  • Net Operating Income $7,216

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,880

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: LEIMERT PARK AREA CLOSE BY
  • View: No
  • Water Sewer Expenses: 2500.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5035008010
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: No
  • Entry Level: 1
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 375.26
  • Room Type: Family Room

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Asphalt
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 510.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Walkstreet
  • Lot Size Sq Ft: 6737.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 50.00
  • Gross Income: 23350.00
  • Gross Scheduled Income: 52800.00
  • Insurance Expense: 650.00
  • Net Operating Income: 7216.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7815.00
  • Rent Control: Yes
  • Total Expenses: 9075.00

Tax Info

  • New Taxes Expense: 4815.00
  • Tax Census Tract: 2314.00
  • Tax Lot: 27
  • Tax Tract Number: 4463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Aug 24, 2018
Sold by
Martinez Adelina Fuentes
Bought by
Seo Dong Jin and Seo Keumja
Seller's Agent
Christine Hernandez
Century 21 Masters
Buyer's Agent
Christine Hernandez
Century 21 Masters
List Price
$800,000
Sold Price
$725,000
Premium/Discount to List
-$75,000
-9.38%
Current Estimated Value
$981,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,986
Avg. Annual Appreciation
4.35%
Original Mortgage
$435,000
Outstanding Balance
$378,605
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$603,381

Purchase Details

Closed on
Aug 24, 2017
Sold by
Lima Cesar Augusto
Bought by
Martinez Adelina Fuentes and Lima Cesar Augusto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2015
Sold by
Underwood Frederick W
Bought by
Lima Cesar A and Martinez Adelina Fuentes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2013
Sold by
Underwood Frederick
Bought by
Underwood Frederick

Purchase Details

Closed on
Nov 1, 2005
Sold by
Underwood Frederick William
Bought by
Underwood Frederick William
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
Seo Dong Jin $725,000 Chicago Title Company
Martinez Adelina Fuentes -- Old Republic Title Company
Lima Cesar A $385,000 Priority Title
Underwood Frederick -- First American Title Ins Co
Underwood Frederick William -- None Available
Underwood Frederick William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seo Dong Jin $435,000
Previous Owner Martinez Adelina Fuentes $416,500
Previous Owner Lima Cesar A $288,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2018 09/17/18 Sold $725,000 -7.1% $375 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/21/2018 07/21/18 Price Changed $779,999 0.0% $404 / Sq Ft
07/16/2018 07/16/18 Price Changed $780,000 -2.5% $404 / Sq Ft
07/12/2018 07/12/18 Price Changed $799,999 0.0% $414 / Sq Ft
07/02/2018 07/02/18 For Sale $800,000 +107.8% $414 / Sq Ft
10/02/2015 10/02/15 Sold $385,000 +10.0% $199 / Sq Ft View Prior Sale
06/09/2015 06/09/15 Pending -- -- --
04/26/2015 04/26/15 For Sale $350,000 -- $181 / 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 $9,880 $808,746 $635,844 $172,902
2024 $9,880 $792,889 $623,377 $169,512
2023 $9,695 $777,343 $611,154 $166,189
2022 $9,253 $762,102 $599,171 $162,931
2021 $9,133 $747,160 $587,423 $159,737
2020 $9,225 $739,500 $581,400 $158,100
2019 $8,864 $725,000 $570,000 $155,000
2018 $5,052 $400,553 $280,387 $120,166
2016 $4,821 $385,000 $269,500 $115,500
2015 $1,729 $132,525 $69,574 $62,951
2014 $1,750 $129,930 $68,212 $61,718
Source: Public Records

Agents Affiliated with this Home

  • Christine Hernandez

    Seller's Agent in 2018

    Christine Hernandez

    Century 21 Masters

    (626) 221-6870

    29 Total Sales

    Christine Hernandez
    Section Image

  • W

    Seller's Agent in 2015

    William May

    Century 21 Union Realty

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18159966

California Regional Multiple Listing Service (CRMLS)

APN: 5035-008-010

California Los Angeles County Los Angeles 90062 Exposition Park

1732 Browning Blvd, Los Angeles, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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