NOT LISTED FOR SALE

Estimated Value: $1,295,000 - $1,430,000

5 Beds
2 Baths
2,602 Sq Ft
$526/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $1,315,000 $505 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $8,170/month

25 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Quartz Countertops
  • Neighborhood Views
  • Spanish Architecture
  • No HOA
  • Living Room

About This Home

As of April 2024

Incredible Opportunity to own this Completely Remodeled Spanish-Style Two-Story Duplex in the Heart of Mid-City Los Angeles. Upstairs unit consists of 3 Bedrooms/1 Bath, Downstairs unit consists of 2 Bedrooms/1 Bath, and each layout is approx. 1,300 Square Feet. Brand New Kitchens offer Quartz Countertops, Soft-Closing Cabinets and Drawers, and New Appliances (Refrigerator. Range Oven, Dishwasher, and Microwave). Bathrooms have New Vanities, Light Fixtures, Showers and Bathtubs draped in calming sophisticated tile. Upgrades also include New Luxury Vinyl Plank Flooring, New Paint, New Light Fixtures, Some New Double-Pane Windows, and New Heating Systems. Each unit conveniently has a dining room AND Breakfast Nook and its own laundry room with Washer-Dryer Hook-Ups. Ample Parking with a long driveway, parking spaces in the rear yard, plus Two Individual one-car garages. Grassy front yard and low maintenance rear yard. Separate Gas and Electric Meters. Close Proximity to Coffee Shops, Restaurants, and the 10 Freeway. These Move-In Ready Units are Ideal for Investors to get max rent levels, or a Homeowner to live in one unit and rent out the other to supplement the Mortgage Payment!

Last Agent to Sell the Property

Ron Jones

Pacific West Real Estate Svcs Brokerage Phone: 714-357-2728 License #01095440 Listed on: 02/22/2024

Last Buyer's Agent

Alicia Hernandez

Coldwell Banker Realty License #01373886

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,632

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 5,003 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Combination Of Materials Used In The Driveway

Home Design

  • Duplex
  • Spanish Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 2,602 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Forced Air Heating System
  • Natural Gas Connected
  • Water Heater
  • Private Sewer
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 31 / 6
  • Tax Tract Number 5955
  • Assessor Parcel Number 5067016026
  • $383 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,200
  • Maintenance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Operating Expense $5,800
  • Net Operating Income $78,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,632

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LARD1.5
  • Architectural Style: Spanish
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5067016026
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 505.38
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway - Combination, Garage - Single Door
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Private Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5003.00
  • Lot Size Acres: 0.1149

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 84000.00
  • Insurance Expense: 2200.00
  • Lot Size Area: 5003.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 78200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 5800.00
  • Rent Control: Yes
  • Total Expenses: 5800.00

Tax Info

  • Tax Block: 6
  • Tax Census Tract: 2183.00
  • Tax Lot: 31
  • Tax Tract Number: 5955
  • TaxOtherAnnualAssessmentAmount: 383.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 29, 2024
Sold by
Ungar Patricia J
Bought by
Linssen Philip Martin
Seller's Agent
Ron Jones
Pacific West Real Estate Svcs
Buyer's Agent
Alicia Hernandez
Coldwell Banker Realty
List Price
$1,349,000
Sold Price
$1,315,000
Premium/Discount to List
-$34,000
-2.52%
Views
47
Current Estimated Value
$1,368,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,955
Avg. Annual Appreciation
2.61%

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 20, 2024
Sold by
Jones Family Trust and Jones Ronald E
Bought by
Linssen Adam A and Linssen Philip Martin
Seller's Agent
Ron Jones
Pacific West Real Estate Svcs
Buyer's Agent
Alicia Hernandez
Coldwell Banker Realty
List Price
$1,349,000
Sold Price
$1,315,000
Premium/Discount to List
-$34,000
-2.52%
Views
47

Purchase Details

Closed on
May 5, 2023
Sold by
Elree Saines Living Trust
Bought by
Jones Family Trust and Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,800
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
Sold by
Saines Elree and The Elree Saines Living Trust
Bought by
Saines Elree and The Elree Saines Living Trust

Purchase Details

Closed on
Aug 1, 2011
Sold by
Saines Elree
Bought by
The Elree Saines Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Linssen Philip Martin -- Fidelity National Title
Linssen Adam A $1,315,000 Fidelity National Title
Jones Family Trust $938,000 Stewart Title Company
Saines Elree -- None Available
The Elree Saines Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Family Trust $562,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2024 04/04/24 Sold $1,315,000 -2.5% $505 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $1,349,000 -- $518 / 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 $11,632 $1,341,300 $1,076,100 $265,200
2024 $11,632 $938,000 $850,000 $88,000
2023 $931 $52,722 $24,943 $27,779
2022 $901 $51,689 $24,454 $27,235
2021 $871 $50,676 $23,975 $26,701
2019 $850 $49,175 $23,265 $25,910
2018 $767 $48,211 $22,809 $25,402
2016 $704 $46,340 $21,924 $24,416
2015 $696 $45,645 $21,595 $24,050
2014 $713 $44,751 $21,172 $23,579
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24034692

California Regional Multiple Listing Service (CRMLS)

APN: 5067-016-026