$125,000
SOLD MAY 20, 2013

1830 E 70th St Los Angeles, CA 90001

-- Bed
-- Bath
1,612 Sq Ft
6,401 Sq Ft Lot

Recently Sold

$78 Per Sq Ft

3 Days on Market

Highlights

  • Traditional Architecture
  • Linda Esperanza Marquez High School Rated A-
  • Wood Siding

About This Home

As of May 2013

Great Investment opportunity. Must be seen to be appreciated.

Last Agent to Sell the Property

Giovanni Aurichiella

F.A.I.R. Plan Inc. License #01885138 Listed on: 11/02/2012

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,044

Year Built

  • Built in 1950

Lot Details

  • 6,401 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

  • 2 Parking Spaces

Home Design

  • 1,612 Sq Ft Home
  • Traditional Architecture
  • Wood Siding
  • Stucco

Listing and Financial Details

  • Legal Lot and Block 7 / P
  • Assessor Parcel Number 6009028027

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $930
  • New Taxes Expense $2,250
  • Gross Income $799
  • Net Operating Income $6,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,044

Year Built

Built in 1950

Lot Details

0

Listing Details

  • CapRate: 5.37
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6009028027
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 77.54

Exterior Features

  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: 50x125
  • Lot Size Sq Ft: 6401.00
  • Lot Size Acres: 0.1470

Multi Family

  • Gross Income: 799.00
  • Gross Multiplier: 13.04
  • Gross Scheduled Income: 9588.00
  • Insurance Expense: 930.00
  • Lot Size Area: 6401.0000 Square Feet
  • Net Operating Income: 6711.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2877.00

Tax Info

  • New Taxes Expense: 2250.00
  • Tax Area: 11982
  • Tax Block: P
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2012
Closed on
Apr 25, 2013
Sold by
Arciga Luis A
Bought by
Urban Holdings & Investment Llc
Seller's Agent
Giovanni Aurichiella
F.A.I.R. Plan Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$125,000
Sold Price
$125,000
Current Estimated Value
$705,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,497
Avg. Annual Appreciation
14.97%
Original Mortgage
$100,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2006
Sold by
Figueroa Maria Magdalena
Bought by
Arciga Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 13, 2006
Sold by
Heredia Sonia
Bought by
Arciga Luis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
6.63%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 27, 2005
Sold by
Hernandez Francisco Javier
Bought by
Heredia Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2004
Sold by
Hernandez Francisco J
Bought by
Heredia Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2004
Sold by
Guevara Teresa
Bought by
Heredia Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1994
Sold by
Pacheco Jaime and Pacheco Maria
Bought by
Guevara Teresa
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 Type Sale Price Title Company
Grant Deed $125,001 Title 365
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $535,000 Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fntic Long Beach
Grant Deed $285,000 Fidelity Long Beach
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 New Conventional
Previous Owner $107,000 Stand Alone Second
Previous Owner $107,000 Stand Alone Second
Previous Owner $428,000 Purchase Money Mortgage
Previous Owner $333,000 Purchase Money Mortgage
Previous Owner $228,000 Purchase Money Mortgage
Closed $57,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2013 10/10/13 Rented $1,500 +7.1% --
10/10/2013 10/10/13 Under Contract -- -- --
06/26/2013 06/26/13 For Rent $1,400 0.0% --
05/20/2013 05/20/13 Sold $125,000 0.0% $78 / Sq Ft
11/05/2012 11/05/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $125,000 -- $78 / 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 $5,044 $320,160 $221,651 $98,509
2024 $5,044 $313,883 $217,305 $96,578
2023 $4,797 $307,730 $213,045 $94,685
2022 $4,597 $301,697 $208,868 $92,829
2021 $4,544 $295,782 $204,773 $91,009
2019 $4,417 $287,010 $198,700 $88,310
2018 $4,279 $281,383 $194,804 $86,579
2016 $4,099 $270,459 $187,241 $83,218
2015 $4,040 $266,397 $184,429 $81,968
2014 $4,045 $261,180 $180,817 $80,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P840055

California Regional Multiple Listing Service (CRMLS)

APN: 6009-028-027