NOT LISTED FOR SALE

1857 E 70th St Los Angeles, CA 90001

Estimated Value: $623,000 - $756,419

3 Beds
2 Baths
1,614 Sq Ft
$436/Sq Ft Est. Value

Last Sold February 05, 2015

Last sale price $292,000 $181 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $4,486/month

6 Days on Market

Highlights

  • Laundry Room
  • Tile Flooring
  • Wall Furnace
  • Linda Esperanza Marquez High School Rated A-

About This Home

As of February 2015

Great opportunity to become a landlord. 2 separate units. Front unit is a 2 bedrooms, 1 bath with a bonus room. Newly remodeled kitchen with granite counter tops and plenty of storage space. Newer stain less steel appliances, newer tile flooring throughout the entire house. Nice size living room with charming fireplace. Remodeled bathroom with newer fixtures. Newer interior and exterior paint. Newer windows. Second unit is a 1 bedroom and 1 bath with a 1 car garage. Units have a long drive way with plenty of parking space. Front unit is vacant.

Last Agent to Sell the Property

Armando Perez

Excellence RE Real Estate, Inc. License #01352900 Listed on: 10/22/2014

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Rafaela Perez

Excellence RE Real Estate License #01454597

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,159

Year Built

  • Built in 1924

Lot Details

  • 6,075 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Home Design

  • Stucco

Interior Spaces

  • 1,614 Sq Ft Home
  • Living Room with Fireplace
  • Tile Flooring
  • Window Bars
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 21
  • Assessor Parcel Number 6009027022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,159

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Window Bars
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6009027022
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Price Per Square Foot: 180.92

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Size Sq Ft: 6075.00
  • Lot Size Acres: 0.1390

Multi Family

  • Lot Size Area: 6075.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 21
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2020
Sold by
Habib Saemeh and Elgayar Vivian
Bought by
Habib Sameh A and Elgayar Vivian S
Current Estimated Value
$704,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 25, 2018
Sold by
Gergis Basim and Gerges Nader
Bought by
Habib Sameh and Elgayar Vivian

Purchase Details

Listed on
Oct 22, 2014
Closed on
Jan 30, 2015
Sold by
Rodolf Nancy
Bought by
Gerges Nader
Seller's Agent
Armando Perez
Excellence RE Real Estate, Inc.
Buyer's Agent
Rafaela Perez
Excellence RE Real Estate
List Price
$310,000
Sold Price
$292,000
Premium/Discount to List
-$18,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.76%

Purchase Details

Closed on
Oct 30, 2014
Sold by
Gonzalez Carlos
Bought by
Gergis Basim and Gerges Nader

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
3.76%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Habib Sameh A -- Title Connect Inc
Habib Sameh $280,000 Servicelink Crs
Gerges Nader -- North American Title Company
Gergis Basim -- North American Title Company
Gergis Basim $292,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Habib Sameh A $382,000
Closed Habib Sameh A $385,000
Previous Owner Gergis Basim $219,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2015 02/05/15 Sold $292,000 -5.8% $181 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
10/22/2014 10/22/14 For Sale $310,000 -- $192 / 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 $8,159 $591,221 $256,567 $334,654
2024 $8,159 $579,630 $251,537 $328,093
2023 $7,855 $568,265 $246,605 $321,660
2022 $7,496 $557,123 $241,770 $315,353
2021 $7,412 $546,200 $237,030 $309,170
2020 $7,467 $540,600 $234,600 $306,000
2019 $4,698 $314,595 $192,851 $121,744
2018 $4,595 $308,427 $189,070 $119,357
2016 $4,402 $296,452 $181,729 $114,723
2015 $2,685 $157,560 $86,010 $71,550
2014 $2,773 $47,997 $20,671 $27,326
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW14226136

California Regional Multiple Listing Service (CRMLS)

APN: 6009-027-022