NOT LISTED FOR SALE

Estimated Value: $665,000 - $772,000

2 Beds
2 Baths
1,376 Sq Ft
$523/Sq Ft Est. Value

Last Sold August 04, 2016

Last sale price $290,000 $211 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $4,703/month

107 Days on Market

About This Home

As of August 2016

Great Income Property!! Live in One and Rent Out the Other. This Income Property has 2 Units. The front Unit has 2 Bedrooms 1 Bath, Living Room, Dining Room and Kitchen. Back Unit is a Studio with a Kitchen and Bath. In the back of the Property there is a 2 Car Garage. Property needs a little TLC. It is Centrally Located in the heart of L.A. just a short driving distance to Downtown L.A. USC and L.A. Live, LAX and Shopping Malls and Schools. Don't miss the opportunity to make this property your family's home!!

Last Agent to Sell the Property

terri Sirls

Excellence RE Real Estate, Inc. License #01415700 Listed on: 01/11/2016

Excellence RE Real Estate, Inc.

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,593

Year Built

  • Built in 1926

Lot Details

  • 4,425 Sq Ft Lot
  • Two or More Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,376 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tax Lot 87
  • Tax Tract Number 6596
  • Assessor Parcel Number 6016005015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $2,735
  • Operating Expense $5,345
  • Gross Income $8,700
  • Net Operating Income $6,090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,593

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6016005015
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Dining Room, Kitchen, Living Room
  • Price Per Square Foot: 210.76

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4425.00
  • Price Per Lot Square Foot: 65.54
  • Lot Size Acres: 0.1020

Multi Family

  • Gross Income: 8700.00
  • Gross Scheduled Income: 8700.00
  • Lot Size Area: 4425.0000 Square Feet
  • Net Operating Income: 6090.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Operating Expense: 2610.00
  • Rent Control: Yes
  • Total Actual Rent: 925.00
  • Total Expenses: 5345.00

Tax Info

  • New Taxes Expense: 2735.00
  • Tax Lot: 87
  • Tax Tract Number: 6596

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2022
Sold by
Deshay Scott Danny
Bought by
Dadou Motivations Llc
Current Estimated Value
$719,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Outstanding Balance
$66,228
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$624,564

Purchase Details

Listed on
Jan 11, 2016
Closed on
Jul 28, 2016
Sold by
Wingfield Krystal
Bought by
Scott Danny Deshay
Seller's Agent
terri Sirls
Excellence RE Real Estate, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%

Purchase Details

Closed on
May 2, 2016
Sold by
Mathews Catherine
Bought by
Scott Danny Deshay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,577
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2009
Sold by
Fdic
Bought by
Mims Fred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2008
Sold by
Clayton Euedell
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Nov 27, 2007
Sold by
Clayton Eudell
Bought by
Deutsche Bank National Trust Co and Indymac Bank Fsb

Purchase Details

Closed on
Feb 9, 2005
Sold by
Clayton Eudell and Ozella Clayton Testamentary Tr
Bought by
Clayton Euedell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2004
Sold by
Clayton Eudell and The Ozella Clayton Testamentar
Bought by
Clayton Euedell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2004
Sold by
Clayton Euedell
Bought by
Clayton Eudell and The Ozella Clayton Testamentary Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.35%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Dadou Motivations Llc -- California Best Title
Scott Danny Deshay -- Fidelity National Title
Scott Danny Deshay $290,000 Fidelity National Title
Mims Fred $140,000 Chicago Title Company
Indymac Bank Fsb $270,243 Accommodation
Deutsche Bank National Trust Co $331,860 Accommodation
Clayton Euedell -- Chicago Title Co
Clayton Euedell -- Fidelity Van Nuys
Clayton Eudell -- Fidelity Van Nuys
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deshay Scott Danny $9,132
Open Dadou Motivations Llc $68,000
Previous Owner Scott Danny Deshay $318,577
Previous Owner Mims Fred $112,000
Previous Owner Clayton Euedell $17,000
Previous Owner Clayton Euedell $295,500
Previous Owner Clayton Euedell $270,000
Previous Owner Clayton Euedell $11,242
Previous Owner Clayton Euedell $235,000
Previous Owner Clayton Euedell $200,000
Previous Owner Clayton Euedell $153,000
Previous Owner Clayton Eudell $130,799
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2016 08/04/16 Sold $290,000 -3.0% $211 / Sq Ft
04/27/2016 04/27/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $299,000 -- $217 / 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
2024 $8,593 $693,600 $485,520 $208,080
2023 $4,155 $323,495 $223,101 $100,394
2022 $3,971 $317,153 $218,727 $98,426
2021 $3,915 $310,936 $214,439 $96,497
2019 $3,802 $301,716 $208,080 $93,636
2018 $3,733 $295,800 $204,000 $91,800
2016 $2,774 $218,074 $163,558 $54,516
2015 $2,735 $214,800 $161,102 $53,698
2014 $2,759 $210,594 $157,947 $52,647
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16007220

California Regional Multiple Listing Service (CRMLS)

APN: 6016-005-015