NOT LISTED FOR SALE

Estimated Value: $798,000 - $1,040,000

5 Beds
2 Baths
1,912 Sq Ft
$474/Sq Ft Est. Value

Last Sold July 21, 2020

Last sale price $700,000 $366 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,707/month

104 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Tile Flooring
  • No HOA
  • Laundry Room
  • 5-minute walk to Martin Luther King Jr Park

About This Home

As of July 2020

Desirable Duplex in the city of the Angels! This property features well-maintained landscaping in the front yard. The front unit includes 3 bedrooms and 1 bathroom. The back unit has 2 bedrooms and 1 bathroom. Both units feature carpet flooring in the bedrooms with tile and vinyl flooring in the kitchens and bathrooms. Owner recently installed new roofing! The property also comes with a two car garage with a long extended driveway which leads to two different back porches. This property is located between the cultural, Leimert Park, the prominent University of Southern California and the recreational Exposition Park. In addition to minutes away from the brand new metro-train line that takes you all the way to the beach! This property is centralized in a prime location in the heart of LA which is a solid investment to live in or rent out for extra income!

Last Agent to Sell the Property

Amber Walker

Compass License #02030898 Listed on: 09/03/2019

Compass

Last Buyer's Agent

Ime Oduok

Equity Union License #01819628

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,232

Year Built

  • Built in 1911

Lot Details

  • 5,467 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Garden
  • Front Yard

Parking

  • 4 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,912 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 225
  • Tax Tract Number 1252
  • Assessor Parcel Number 5035015022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $150
  • Water Sewer Expense $100
  • Operating Expense $250
  • Gross Income $4,600
  • Net Operating Income $4,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,232

Year Built

Built in 1911

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: (310)422-7020
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 100.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5035015022
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 366.11
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped
  • Lot Size Sq Ft: 5467.00
  • Lot Size Acres: 0.1255

Multi Family

  • Gross Income: 4600.00
  • Gross Scheduled Income: 4700.00
  • Insurance Expense: 150.00
  • Lot Size Area: 5467.0000 Square Feet
  • Net Operating Income: 4600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 100.00
  • Rent Control: Yes
  • Total Actual Rent: 1400.00
  • Total Expenses: 250.00

Tax Info

  • Tax Census Tract: 2314.00
  • Tax Lot: 225
  • Tax Tract Number: 1252

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Jul 11, 2020
Sold by
Lara Eduardo Mendez
Bought by
Murguia Maria Del Socorro
Seller's Agent
Amber Walker
Compass
Buyer's Agent
Ime Oduok
Equity Union
List Price
$799,000
Sold Price
$700,000
Premium/Discount to List
-$99,000
-12.39%
Current Estimated Value
$906,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,235
Avg. Annual Appreciation
3.44%
Original Mortgage
$687,321
Outstanding Balance
$612,181
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$219,975

Purchase Details

Closed on
Jul 9, 2019
Sold by
Gonzalez Lillie Mcclendon and Gonzalez Joseph
Bought by
Gonzalez Lillie Mcclendon and Gonzalez Joseph

Purchase Details

Closed on
Jun 22, 2010
Sold by
Gonzalez Joseph and Gonzalez Lillie Mcclendon
Bought by
Gonzalez Lillie Faye Mcclendon and Gonzalez Joseph

Purchase Details

Closed on
Apr 6, 2005
Sold by
Gonzalez Joseph J
Bought by
Gonzalez Joseph J and Gonzalez Lillie M

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
5.84%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 25, 2001
Sold by
Gonzalez Lillie Mcglendon
Bought by
Gonzalez Joseph J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 22, 2001
Sold by
Gonzalez Joseph J
Bought by
Mcglendon Gonzalez Joseph J and Mcglendon Gonzalez Lillie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 28, 2000
Sold by
Gladden Emmanuel and Gladden Shirley
Bought by
Gonzalez Joseph J

Purchase Details

Closed on
Jan 28, 1994
Sold by
Reid Darthula
Bought by
Gladden Emmanuel and Gladden Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,260
Interest Rate
7.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Murguia Maria Del Socorro -- Orange Coast Title Company
Macias Ronnie Mario $700,000 Orange Coast Title Company
Gonzalez Lillie Mcclendon -- None Available
Gonzalez Lillie Faye Mcclendon -- None Available
Gonzalez Joseph J -- Multiple
Gonzalez Joseph J -- --
Mcglendon Gonzalez Joseph J -- Commonwealth Land Title Co
Gonzalez Joseph J -- Provident Title
Gladden Emmanuel $148,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Macias Ronnie Mario $687,321
Previous Owner Gonzalez Lillie Faye Mcclendon $407,567
Previous Owner Gonzalez Joseph J $342,000
Previous Owner Gonzalez Joseph J $212,000
Previous Owner Mcglendon Gonzalez Joseph J $175,000
Previous Owner Gladden Emmanuel $146,260
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2020 07/21/20 Sold $700,000 0.0% $366 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
11/05/2019 11/05/19 Price Changed $699,900 -6.7% $366 / Sq Ft
09/21/2019 09/21/19 Price Changed $749,999 -6.1% $392 / Sq Ft
09/03/2019 09/03/19 For Sale $799,000 -- $418 / 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 $9,232 $757,701 $568,276 $189,425
2024 $9,232 $742,845 $557,134 $185,711
2023 $9,059 $728,280 $546,210 $182,070
2022 $8,644 $714,000 $535,500 $178,500
2021 $8,531 $700,000 $525,000 $175,000
2020 $2,567 $188,742 $172,218 $16,524
2019 $2,475 $185,042 $168,842 $16,200
2018 $2,408 $181,415 $165,532 $15,883
2016 $2,288 $174,372 $159,105 $15,267
2015 $2,257 $171,754 $156,716 $15,038
2014 $2,280 $168,391 $153,647 $14,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19210289

California Regional Multiple Listing Service (CRMLS)

APN: 5035-015-022