NOT LISTED FOR SALE

Estimated Value: $861,000 - $1,038,000

3 Beds
2 Baths
1,935 Sq Ft
$493/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $445,000 $230 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,665/month

6 Days on Market

Highlights

  • Craftsman Architecture
  • Floor Furnace
  • 2-minute walk to Mariachi Plaza

About This Home

As of September 2014

RENOVATED DUPLEX CRAFTSMAN STYLE HOME LOCATED NEAR THE HEART OF THE HISTORICAL MARIACHI PLAZA DE LOS ANGELES AND A LITLE OVER A MILE FROM DOWNTOWN LA. THIS TWO-UNITS ONE WITH 3 BEDROOMS 2 BATHS HAS A WIDE OPEN SPACE LIVING-DINING-KITCHEN COMBO THAT FEATURES PRISTINE WHITE CABINETS AND NEW GRANITE COUNTER TOPS. IT ALSO HAS A MASTER BEDROOM WITH A LARGE WALK-IN CLOSET. BOTH BATHROOMS ARE COMPLETELLY RENOVATED WITH BATH TUB NICE WALL TILE DESIGN IN EARTH COLORS. BOTH UNITS HAS A DARK LAMINATED WOOD FLOORING WHO BRINGS A LOT OF ELEGANCE NOT TO MENTION MATCH THE HISTORICAL LAY OUT OF THIS GEM. SECOND UNIT HAS 2 BEDROOMS 1 BATH ALSO IN A NICE WIDE OPEN SPACE WITH COMPLETY RENOVATED MODERN KITCHEN. BOTH UNITS WILL HAVE A NEW STOVE AT CLOSE OF ESCROW AND A BUILD IN MICROWAVE WITH EXAHUSTED. THIS DUPLEX ARE LOCATED IN A HUGE LOT AND INCLUDES THREE PARKING SPACES IN THE BACK WITH ADDITIONAL HUGE STORAGE ROOM. NEW SPRINGKLER SYSTEM IS BEING INSTALLED ON FRONT WITH A NICE LANDSCAPPING, THE FRONT YARD IS ENCLOSED WITH AN IRON FENCE. THE UNIQUE STYLE OF THIS DUPLEX AND THE LOCATION WHERE IS AT NEAR THE 2NDO STREET ELEMENTARY SCHOOL & WHITE MEMORIAL MEDICAL CENTER MAKE THIS PROPERTY VERY DESIRABLE AND WILL GO FAST!!

Last Agent to Sell the Property

Sonia Moncayo

eXp Realty of Southern Calif License #01736947 Listed on: 07/09/2014

eXp Realty of Southern Calif

Last Buyer's Agent

Sonia Moncayo

eXp Realty of Southern Calif License #01736947 Listed on: 07/09/2014

eXp Realty of Southern Calif

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,000 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers

Home Design

  • 1,935 Sq Ft Home
  • Craftsman Architecture
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available
  • Unpaved Parking

Utilities

  • Floor Furnace

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 2060
  • Assessor Parcel Number 5174018040

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $540
  • Insurance Expense $1,068
  • Trash Expense $540
  • Water Sewer Expense $1,440
  • New Taxes Expense $4,116
  • Gross Income $3,245
  • Net Operating Income $31,236

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1440.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 540.00
  • Parcel Number: 5174018040
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 229.97

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Unpaved
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Floor Furnace
  • Trash Expense: 540.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1610

Multi Family

  • Gross Income: 3245.00
  • Gross Scheduled Income: 38940.00
  • Insurance Expense: 1068.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 31236.00
  • 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: 7704.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4116.00
  • Tax Lot: 24
  • Tax Tract Number: 2060
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2020
Sold by
Restrepo Andres and Buritica Andres
Bought by
Delgado Zenia Lisette
Current Estimated Value
$928,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$584,000
Outstanding Balance
$519,289
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$435,077

Purchase Details

Closed on
Jan 9, 2020
Sold by
Buritica Andres
Bought by
Restrepo Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2018
Sold by
Buritica Angela D
Bought by
Buritica Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2014
Closed on
Jul 22, 2014
Sold by
Turnstone Flip Llc
Bought by
Buritica Andres and Buritica Angela D
Seller's Agent
Sonia Moncayo
eXp Realty of Southern Calif
Buyer's Agent
Sonia Moncayo
eXp Realty of Southern Calif
List Price
$445,000
Sold Price
$445,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$436,939
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 14, 2013
Closed on
Nov 4, 2013
Sold by
Turnstone Flip Llc
Bought by
Turnstone Flip Llc
Seller's Agent
Roman Meza
Century 21 A Better Service
Buyer's Agent
Roman Meza
Century 21 A Better Service
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.47%

Purchase Details

Listed on
Aug 14, 2013
Closed on
Aug 21, 2013
Sold by
Nakagawa Dana
Bought by
Turnstone Flip Llc
Seller's Agent
Roman Meza
Century 21 A Better Service
Buyer's Agent
Roman Meza
Century 21 A Better Service
List Price
$300,000
Sold Price
$290,000
Premium/Discount to List
-$10,000
-3.33%

Purchase Details

Closed on
Dec 12, 2011
Sold by
Nakagawa Ann
Bought by
Nakagawa Ann and Nakagawa 2011 Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delgado Zenia Lisette $730,000 Lawyers Title
Restrepo Andres -- Chicago Title
Buritica Andres -- Stewart Title Of California
Buritica Andres $445,000 Old Republic Title Company
Turnstone Flip Llc -- None Available
Turnstone Flip Llc $290,000 Fidelity National Title Co
Nakagawa Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Zenia Lisette $584,000
Previous Owner Restrepo Andres $506,250
Previous Owner Buritica Andres $463,500
Previous Owner Buritica Andres $436,939
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/11/2014 09/11/14 Sold $445,000 0.0% $230 / Sq Ft
07/15/2014 07/15/14 Pending -- -- --
07/09/2014 07/09/14 For Sale $445,000 +53.4% $230 / Sq Ft
10/07/2013 10/07/13 Sold $290,000 -3.3% $150 / Sq Ft View Prior Sale
08/15/2013 08/15/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $300,000 -- $155 / 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 $9,766 $798,359 $565,414 $232,945
2024 $9,766 $782,706 $554,328 $228,378
2023 $9,579 $767,359 $543,459 $223,900
2022 $9,138 $752,313 $532,803 $219,510
2021 $9,023 $737,562 $522,356 $215,206
2020 $6,136 $489,025 $219,787 $269,238
2019 $5,899 $479,437 $215,478 $263,959
2018 $5,805 $470,037 $211,253 $258,784
2016 $5,535 $451,786 $203,050 $248,736
2015 $5,455 $445,000 $200,000 $245,000
2014 $3,785 $290,000 $220,000 $70,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14144442

California Regional Multiple Listing Service (CRMLS)

APN: 5174-018-040