NOT LISTED FOR SALE

Estimated Value: $902,000 - $1,206,966

4 Beds
3 Baths
1,846 Sq Ft
$548/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $775,000 $420 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,328/month

36 Days on Market

Highlights

  • Granite Countertops
  • Laundry Room
  • Wall Furnace

About This Home

As of October 2019

Very rare to find...2 impeccable homes on a lot. Front unit features 2 bedrooms 1 bath, open floor plan, laundry inside, nice large covered patio perfect for entertaining. The recently upgraded back unit is very spacious, it features 3 bedrooms, 2 bathrooms, granite countertops, and laundry inside. Each unit has its own entrance, yard, and privacy. The long cemented driveway with security fence can easily fit up to 4 cars. Great for owner-occupied or investor. Located only approx 2.5 miles from USC. and close proximity to Korea town.

Last Agent to Sell the Property

Martha Gonzalez

OG Realty Group License #01358935 Listed on: 08/07/2019

Last Buyer's Agent

Cesar Vasquez

Kase Real Estate License #01936389

Kase Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,250

Year Built

  • Built in 1925

Lot Details

  • 6,588 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,846 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Granite Countertops
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Tax Tract Number 6175
  • Assessor Parcel Number 5042029004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $240
  • Water Sewer Expense $1,320
  • New Taxes Expense $9,612
  • Operating Expense $1,560
  • Gross Income $54,000
  • Net Operating Income $52,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,250

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1320.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5042029004
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Granite Counters
  • Common Walls: No Common Walls
  • Price Per Square Foot: 419.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 240.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6588.00
  • Lot Size Acres: 0.1512

Multi Family

  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6588.0000 Square Feet
  • Net Operating Income: 52440.00
  • 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: 1560.00
  • Rent Control: Yes
  • Total Expenses: 1560.00

Tax Info

  • New Taxes Expense: 9612.00
  • Tax Block: 1
  • Tax Census Tract: 2220.02
  • Tax Lot: 4
  • Tax Tract Number: 6175

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Abapo Diane T and Corpuz Leslie
Bought by
Diane & Leslie Abapo Trust and Abapo
Current Estimated Value
$1,012,492

Purchase Details

Listed on
Aug 7, 2019
Closed on
Oct 7, 2019
Sold by
Coto Silvia
Bought by
Abapo Diane T and Corpuz Leslie
Seller's Agent
Martha Gonzalez
OG Realty Group
Buyer's Agent
Cesar Vasquez
Kase Real Estate
List Price
$769,000
Sold Price
$775,000
Premium/Discount to List
$6,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.78%
Original Mortgage
$620,000
Interest Rate
3.5%

Purchase Details

Closed on
Jul 13, 2012
Sold by
Coto Juan Francisco and Coto Francisco
Bought by
Coto Silvia

Purchase Details

Closed on
Mar 17, 2003
Sold by
Coto Silvia and Escobar Gonzalo
Bought by
Coto Francisco and Coto Silvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,600
Interest Rate
5.79%

Purchase Details

Closed on
Jan 25, 1999
Sold by
Miranda Anna Maria
Bought by
Coto Silvia and Escobar Gonzalo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,355
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 1997
Sold by
Beneficial Mtg Corp
Bought by
Coto Silvia and Miranda Anna Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,012
Interest Rate
7.7%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 1997
Sold by
Allen Ethel L and Weyerhaeuser Mtg Company
Bought by
Beneficial Mtg Corp

Purchase Details

Closed on
Feb 26, 1996
Sold by
Vasquez Telford U
Bought by
Allen Ethel Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
10.12%

Purchase Details

Closed on
Jul 28, 1993
Sold by
Vasquez Emogene Lydia
Bought by
Vasquez Telford U
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
Diane & Leslie Abapo Trust -- None Listed On Document
Diane & Leslie Abapo Trust -- None Listed On Document
Abapo Diane T $775,000 Lawyers Title Company
Coto Silvia -- None Available
Coto Francisco -- --
Coto Silvia -- Commonwealth Land Title Ins
Coto Silvia $125,000 American Title Co
Beneficial Mtg Corp $119,222 American Title
Allen Ethel Louise -- Fidelity National Title Ins
Vasquez Telford U -- Southern California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abapo Diane T $617,000
Previous Owner Abapo Diane T $620,000
Previous Owner Coto Francisco $242,000
Previous Owner Coto Francisco $158,600
Previous Owner Coto Silvia $129,355
Previous Owner Coto Silvia $123,012
Previous Owner Allen Ethel Louise $121,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $775,000 +0.8% $420 / Sq Ft
09/12/2019 09/12/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $769,000 -- $417 / 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 $10,250 $847,572 $656,186 $191,386
2024 $10,250 $830,954 $643,320 $187,634
2023 $10,056 $814,661 $630,706 $183,955
2022 $9,595 $798,689 $618,340 $180,349
2021 $9,471 $783,029 $606,216 $176,813
2020 $9,565 $775,000 $600,000 $175,000
2019 $2,602 $198,878 $172,964 $25,914
2018 $2,495 $194,979 $169,573 $25,406
2016 $2,369 $187,410 $162,990 $24,420
2015 $2,336 $184,596 $160,542 $24,054
2014 $2,358 $180,981 $157,398 $23,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19188643

California Regional Multiple Listing Service (CRMLS)

APN: 5042-029-004