NOT LISTED FOR SALE

Estimated Value: $664,000 - $723,846

2 Beds
1 Bath
726 Sq Ft
$957/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $650,888 $897 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,072/month

101 Days on Market

Highlights

  • City Lights View
  • Main Floor Bedroom
  • Granite Countertops
  • Abraham Lincoln High School Rated A
  • Attic
  • No HOA

About This Home

As of May 2024

Nestled in the scenic University Hills area, this cozy mountain home with captivating city views is the perfect haven for first-time homebuyers. With 2 bedrooms, 1 bathroom, and warm laminate flooring throughout, it offers a comfortable and manageable living space. The inviting living area opens to the kitchen, creating a welcoming ambiance. The property's unique basement, which can be used as bedrooms, home office, playroom, or entertainment space. The spacious backyard also holds ADU potential. Conveniently located near by 710, 10 & 5 freeway, parks, Monterey Park Golf Club, Cal State LA, major medical facilities such as USC Keck, this neighborhood combines suburban tranquility with urban amenities, making it an ideal choice for those starting a family or investors.

Last Agent to Sell the Property

Katherine Qing L Martin

RE/MAX 2000 REALTY Brokerage Phone: 626-731-4600 License #01873310 Listed on: 01/15/2024

RE/MAX 2000 REALTY

Last Buyer's Agent

Gina Isaac

Nourmand & Associates-HW License #01437713

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 1932

Lot Details

  • 6,400 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 1 Car Attached Garage

Property Views

  • City Lights
  • Hills

Home Design

  • Interior Block Wall
  • Asphalt Roof

Interior Spaces

  • 726 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring
  • Attic
  • Basement

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Natural Gas Connected
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 1
  • Assessor Parcel Number 5223027003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,842

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5223027003
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 726.00 Square Feet
  • Interior Amenities: Block Walls
  • Stories: 1
  • Entry Location: Font
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 896.54
  • Room Type: Attic, Basement, Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: City Lights, Hills
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop
  • Electric: Electricity - On Property
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Septic Type Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6400.00
  • Lot Size Acres: 0.1469

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6400.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2017.00
  • Tax Lot: 4
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
May 15, 2024
Sold by
Yuan And Xu Family Trust and Yuan Zhong Fu
Bought by
Perez Victor G
Seller's Agent
Katherine Qing L Martin
RE/MAX 2000 REALTY
Buyer's Agent
Gina Isaac
Nourmand & Associates-HW
List Price
$670,000
Sold Price
$650,888
Premium/Discount to List
-$19,112
-2.85%
Total Days on Market
101
Views
108
Current Estimated Value
$694,462

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,574
Avg. Annual Appreciation
3.80%
Original Mortgage
$635,888
Outstanding Balance
$629,846
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$49,587

Purchase Details

Closed on
Mar 25, 2016
Sold by
Yuan Zhong Fu
Bought by
Yuan & Xu Family Trust

Purchase Details

Listed on
Jul 20, 2012
Closed on
Sep 19, 2012
Sold by
Yuan Zhong Fu
Bought by
Yuan Zhong Fu and Xu Xiao Fen
Seller's Agent
Mary Parlee
Keller Williams Realty
List Price
$159,900
Sold Price
$185,000
Premium/Discount to List
$25,100
15.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.59%

Purchase Details

Listed on
Jul 20, 2012
Closed on
Aug 15, 2012
Sold by
Wells Fargo Bank Na
Bought by
Fen Xu Xiao and Yuan Zhong Fu
Seller's Agent
Mary Parlee
Keller Williams Realty
List Price
$159,900
Sold Price
$185,000
Premium/Discount to List
$25,100
15.7%

Purchase Details

Closed on
Apr 25, 2012
Sold by
Ruvalcaba Maria Socorro
Bought by
Wells Fargo Home Mortgage

Purchase Details

Closed on
May 13, 2002
Sold by
Ruvalcaba Maria Socorro
Bought by
Ruvalcaba Maria Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.74%

Purchase Details

Closed on
Dec 9, 1999
Sold by
Alvarez Socorro
Bought by
Alvarez Socorro and The Alvarez Family Trust
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
Perez Victor G $651,000 Lawyers Title
Yuan & Xu Family Trust -- None Available
Yuan Zhong Fu -- Fidelity National Title Co
Fen Xu Xiao $185,000 Fidelity National Title Co
Wells Fargo Home Mortgage $186,032 Accommodation
Ruvalcaba Maria Socorro -- American Title Co
Alvarez Socorro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Victor G $635,888
Previous Owner Ruvalcaba Maria Socorro $340,000
Previous Owner Ruvalcaba Maria Socorro $114,000
Previous Owner Ruvalcaba Socorro Alvarez $15,000
Previous Owner Alvarez Socorro $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $650,888 -2.7% $897 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $668,888 +2.9% $921 / Sq Ft
04/01/2024 04/01/24 Price Changed $650,000 -2.8% $895 / Sq Ft
01/29/2024 01/29/24 Price Changed $668,888 -0.2% $921 / Sq Ft
01/15/2024 01/15/24 For Sale $670,000 +262.2% $923 / Sq Ft
08/20/2012 08/20/12 Sold $185,000 +15.7% $255 / Sq Ft
08/02/2012 08/02/12 Pending -- -- --
07/20/2012 07/20/12 For Sale $159,900 -- $220 / 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
2024 $2,842 $223,334 $178,672 $44,662
2023 $2,789 $218,956 $175,169 $43,787
2022 $2,662 $214,664 $171,735 $42,929
2021 $2,628 $210,456 $168,368 $42,088
2019 $2,550 $204,216 $163,375 $40,841
2018 $2,492 $200,213 $160,172 $40,041
2016 $2,376 $192,440 $153,953 $38,487
2015 $2,342 $189,550 $151,641 $37,909
2014 $2,357 $185,838 $148,671 $37,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24007725

California Regional Multiple Listing Service (CRMLS)

APN: 5223-027-003