NOT LISTED FOR SALE

1824 E 61st St Los Angeles, CA 90001

Estimated Value: $747,000 - $845,000

5 Beds
3 Baths
2,500 Sq Ft
$313/Sq Ft Est. Value

Last Sold April 10, 2015

Last sale price $360,000 $144 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,755/month

1 Day on Market

About This Home

As of April 2015

Nice income property well kept in great area, close to shopping centers, schools and freeways. Must see to appreciate.

Last Agent to Sell the Property

Victor Arizmendi

Red Carpet Pueblo Realty License #01079034 Listed on: 02/11/2015

Last Buyer's Agent

Fernando Gomez

Downey, Realtors License #01359587

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,428

Year Built

  • Built in 1913

Lot Details

  • 6,792 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,500 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 1
  • Assessor Parcel Number 6009011008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $540
  • Insurance Expense $660
  • Trash Expense $450
  • Water Sewer Expense $600
  • New Taxes Expense $4,500
  • Gross Income $1,500
  • Net Operating Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,428

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 6009011008
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 144.00

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6792.00
  • Lot Size Acres: 0.1560

Multi Family

  • Electric Expense: 540.00
  • Gross Income: 1500.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 660.00
  • Lot Size Area: 6792.0000 Square Feet
  • Net Operating Income: 1500.00
  • 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: 2000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Lot: 8
  • Tax Tract Number: 1
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2016
Sold by
Baez Ruben
Bought by
Baez Ruben
Current Estimated Value
$770,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2015
Closed on
Apr 9, 2015
Sold by
Williams Maria and Torres Vannessa M
Bought by
Baez Ruben
Seller's Agent
Victor Arizmendi
Red Carpet Pueblo Realty
Buyer's Agent
Fernando Gomez
Downey, Realtors
List Price
$360,000
Sold Price
$360,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$353,479
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2012
Sold by
Baez Ruben
Bought by
Williams Maria and Torres Vanessa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,660
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2007
Sold by
Baez Ruben
Bought by
Baez Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
6.51%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 22, 2003
Sold by
Vasquez Helen O
Bought by
Baez Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,200
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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
Baez Ruben -- Pacific Coast Title Company
Baez Ruben $360,000 Pacific Coast Title Company
Williams Maria $280,002 Pacific Coast Title Company
Baez Ruben -- Fidelity National Title Co
Baez Ruben -- Fidelity National Title Co
Baez Ruben $199,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baez Ruben $365,000
Closed Baez Ruben $382,500
Closed Baez Ruben $353,479
Previous Owner Williams Maria $268,660
Previous Owner Baez Ruben $331,500
Previous Owner Baez Ruben $280,000
Previous Owner Baez Ruben $155,200
Closed Baez Ruben $19,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2015 04/10/15 Sold $360,000 0.0% $144 / Sq Ft
02/12/2015 02/12/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $360,000 -- $144 / 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 $6,428 $432,656 $226,183 $206,473
2024 $6,428 $424,174 $221,749 $202,425
2023 $6,158 $415,857 $217,401 $198,456
2022 $5,890 $407,704 $213,139 $194,565
2021 $5,818 $399,710 $208,960 $190,750
2020 $5,856 $395,613 $206,818 $188,795
2019 $5,650 $387,857 $202,763 $185,094
2018 $5,497 $380,253 $198,788 $181,465
2016 $5,256 $365,489 $191,070 $174,419
2015 $4,392 $292,627 $188,117 $104,510
2014 $4,396 $286,896 $184,433 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Victor Arizmendi

    Seller's Agent in 2015

    Victor Arizmendi

    Red Carpet Pueblo Realty

    (562) 843-3407

    13 Total Sales

    Section Image

  • F

    Buyer's Agent in 2015

    Fernando Gomez

    Downey, Realtors

    (562) 746-6873

    22 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15029643

California Regional Multiple Listing Service (CRMLS)

APN: 6009-011-008

California Los Angeles County Los Angeles 90001

1824 E 61st St, Los Angeles, CA

This home is located at 1824 E 61st St, Los Angeles, CA 90001 since 11 February 2015 and is currently estimated at $781,691, approximately $312 per square foot. This property was built in 1913. 1824 E 61st St is a home located in Los Angeles County with nearby schools including Lillian Street Elementary School, Thomas A. Edison Middle School, and Linda Esperanza Marquez High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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