NOT LISTED FOR SALE

1914 Hancock St Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $871,000 - $1,253,000

6 Beds
3 Baths
2,179 Sq Ft
$490/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $540,000 $248 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $6,441/month

45 Days on Market

Highlights

  • 2 Car Garage
  • Built-In Features
  • Central Heating
  • Abraham Lincoln High School Rated A

About This Home

As of December 2017

Two Homes/One Lot $287,500 Each - Both Over 1,000 SF! Lowest Priced Home in Lincoln Heights over 900SF is $575,000! Excellent portfolio addition or owner-user opportunity as prices are rising fast to keep up with the incredible demand for affordable homes in NortheastLA near DTLA! Prime location near major employers LAC+USC Medical Center & Keck Hospital of USC. Each home w/basements, separate gas, electric and water meters -extremely low expenses! The rear home is currently vacant and was renovated in the past 6 years (Central AC, updated electrical, plumbing, roof, kitchen, baths). There are two 1-car garages, open parking & outdoor space for each. What the property lacks in curb appeal it has in potential, ideal 2 on 1 setup provides privacy of no shared walls - desirable to tenants & owner/users! Surrounded by LA's Hottest Neighborhoods, Lincoln Heights is poised for an increase in property values and rents - making now the right time to invest!

Last Agent to Sell the Property

Charlie Coronado

Compass License #01723306 Listed on: 07/28/2017

Compass

Last Buyer's Agent

George Cervantes

The Real Estate Store Inc. License #01261773

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,599

Year Built

  • Built in 1904

Lot Details

  • 5,878 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 2,179 Sq Ft Home
  • Built-In Features
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5210-026-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,599

Year Built

Built in 1904

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2179
  • Price Per Unit: 299000.00
  • Probate: No
  • Year Built: 1904
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher
  • Price Per S Q F T: 263.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached, Parking Space
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central, Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1147.00
  • Maintenance Expense: 1536.00
  • Other Expense: 500.00

Lot Info

  • Assessed Improvement Value: 24000
  • Assessed Land Value: 17990
  • Assessor Parcel Number: 5210-026-016
  • Geocode Override: No
  • Lot Size Area: 5878

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 10658
  • Type Of Units: Homes
  • Vacancy Rate: 50

Tax Info

  • Tax Expense: 7475.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2020
Sold by
Rodriguez Rosa G
Bought by
Rodriguez Rosa G and Rodriguez Gladys S
Current Estimated Value
$1,067,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$453,688
Interest Rate
5.87%
Mortgage Type
New Conventional
Estimated Equity
$560,387

Purchase Details

Closed on
Jan 31, 2019
Sold by
Rodriguez Rosa G
Bought by
Rodriguez Rosa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$453,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2017
Sold by
Marinaccio Martha and Dagostaro Domenica
Bought by
Rodriguez Rosa G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 1999
Sold by
Dagostaro Domenica
Bought by
Dagostaro Domenica
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
Rodriguez Rosa G -- Pacific Coast Title
Rodriguez Rosa G -- Pacific Coast Title
Rodriguez Rosa G $540,000 Lawyers Title Company
Dagostaro Domenica -- --
Dagostaro Domenica -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Rosa G $492,000
Closed Rodriguez Rosa G $453,000
Previous Owner Marinaccio Martha $412,500
Previous Owner Rodriguez Rosa G $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2017 12/14/17 Sold $540,000 -6.1% $248 / Sq Ft
08/30/2017 08/30/17 For Sale $575,000 0.0% $264 / Sq Ft
08/30/2017 08/30/17 Price Changed $575,000 +6.5% $264 / Sq Ft
08/29/2017 08/29/17 Off Market $540,000 -- --
07/28/2017 07/28/17 For Sale $598,000 -- $274 / Sq Ft
Source: The MLS

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 $7,599 $614,424 $455,130 $159,294
2024 $7,599 $602,377 $446,206 $156,171
2023 $7,455 $590,566 $437,457 $153,109
2022 $7,113 $578,987 $428,880 $150,107
2021 $7,020 $567,635 $420,471 $147,164
2020 $7,087 $561,816 $416,160 $145,656
2019 $6,813 $550,800 $408,000 $142,800
2018 $6,716 $540,000 $400,000 $140,000
2017 $765 $42,829 $18,349 $24,480
2016 $721 $41,990 $17,990 $24,000
2015 $714 $41,360 $17,720 $23,640
2014 $731 $40,550 $17,373 $23,177
Source: Public Records

Agents Affiliated with this Home

  • Charlie Coronado

    Seller's Agent in 2017

    Charlie Coronado

    Compass

    (323) 841-2911

    1 in this area

    52 Total Sales

    Charlie Coronado
    Section Image

  • G

    Buyer's Agent in 2017

    George Cervantes

    The Real Estate Store Inc.

See All Agents

Map

Source: The MLS

MLS Number: 17-255826

The MLS

APN: 5210-026-016

California Los Angeles County Los Angeles 90031 Lincoln Heights

1914 Hancock St, Los Angeles, CA

This home is located at 1914 Hancock St, Los Angeles, CA 90031 since 28 July 2017 and is currently estimated at $1,067,978, approximately $490 per square foot. This property was built in 1904. 1914 Hancock St is a home located in Los Angeles County with nearby schools including Griffin Avenue Elementary School, Florence Nightingale Middle, and Abraham Lincoln High School.

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