NOT LISTED FOR SALE

Estimated Value: $842,000 - $1,372,000

5 Beds
2 Baths
1,970 Sq Ft
$563/Sq Ft Est. Value

Last Sold January 16, 2014

Last sale price $460,000 $234 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $6,683/month

159 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Abraham Lincoln High School Rated A

About This Home

As of January 2014

This is a beautiful duplex property located within minutes of downtown Los Angeles. The property is conveniently located near the interstate 5 and 10 Freeway with easy access to public transportation. It is also walking distance to the Brewery and San Antonio Winery. There are also several schools located nearby. The first unit has 3 bedrooms and 2 bathrooms. One of the bathrooms is converted without a permit. The living room is spacious with tile flooring and a ceiling fan. The three bedrooms have wooden laminate flooring. This is an ideal unit for an owner and their family. The second unit has 2 bedrooms and 1 bathroom. The entire house has tile flooring and is currently rented out for $980 a month. There is a gated driveway with plenty of parking space for at least 5 cars. In addition, there is a one car garage (with a remote control door) and plenty of storage space. The property also has a variety of tropical fruit trees such as guava, longan, persimmon, papaya and grapefruit. This duplex is a must see!

Last Agent to Sell the Property

Jane Kim Do

Superior Real Estate Group License #01369075 Listed on: 05/17/2013

Superior Real Estate Group

Last Buyer's Agent

ARTURO TOVAR

MERIDIAN CAPITAL REAL ESTATE License #01716529

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,214

Year Built

  • Built in 1901

Lot Details

  • 7,680 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,970 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 5410020027

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $800
  • Trash Expense $240
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,390
  • Gross Income $980
  • Net Operating Income $18,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,214

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 714-349-8016
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 5410020027
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 233.50
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Trash Expense: 240.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7680.00
  • Lot Size Acres: 0.1760

Multi Family

  • Electric Expense: 1000.00
  • Gross Income: 980.00
  • Gross Scheduled Income: 27360.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7680.0000 Square Feet
  • Net Operating Income: 18230.00
  • 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: 9130.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5390.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2020
Sold by
Carranza Francisco and Carranza Gloria V
Bought by
Carranza Francisco Vazquez and Carranza Gloria Villalobos
Current Estimated Value
$1,109,449

Purchase Details

Listed on
May 17, 2013
Closed on
Dec 13, 2013
Sold by
Vannguyen Jimmy and Nguyen Tina Thi
Bought by
Carranza Francisco and Carranza Gloria V
Seller's Agent
Jane Kim Do
Superior Real Estate Group
Buyer's Agent
ARTURO TOVAR
MERIDIAN CAPITAL REAL ESTATE
List Price
$490,000
Sold Price
$460,000
Premium/Discount to List
-$30,000
-6.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$335,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2000
Sold by
Estrada Cnsee Est Of Estrada Humberto G Cnsrv
Bought by
Vannguyen Jimmy Van and Nguyen Tina Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,000
Interest Rate
8.06%

Purchase Details

Closed on
Dec 6, 1996
Sold by
Estrada Stella Sue
Bought by
Estrada Humberto G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.76%

Purchase Details

Closed on
Oct 12, 1996
Sold by
Estrada Enrique G
Bought by
Estrada Humberto G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.76%

Purchase Details

Closed on
Dec 29, 1994
Sold by
Madueno Richard A and Navarro Maria G
Bought by
Estrada Dolores G

Purchase Details

Closed on
Aug 18, 1992
Sold by
Madueno Lawrence R
Bought by
Estrada Dolores G
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
Carranza Francisco Vazquez -- None Available
Carranza Francisco $460,000 Lawyers Title
Vannguyen Jimmy Van $162,000 Stewart Title
Estrada Humberto G -- First American Title Ins Co
Estrada Humberto G -- --
Estrada Dolores G -- --
Estrada Dolores G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carranza Francisco $346,000
Closed Carranza Francisco $335,000
Previous Owner Vannguyen Jimmy $265,000
Previous Owner Vannguyen Jimmy $183,000
Previous Owner Vannguyen Jimmy $177,000
Previous Owner Vannguyen Jimmy $135,000
Previous Owner Vannguyen Jimmy Van $129,000
Previous Owner Estrada Humberto G $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2014 01/16/14 Sold $460,000 -6.1% $234 / Sq Ft
10/23/2013 10/23/13 Pending -- -- --
05/17/2013 05/17/13 For Sale $490,000 -- $249 / 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 $8,214 $661,051 $451,616 $209,435
2024 $8,214 $648,090 $442,761 $205,329
2023 $8,060 $635,383 $434,080 $201,303
2022 $7,693 $622,925 $425,569 $197,356
2021 $6,458 $520,947 $407,699 $113,248
2020 $6,518 $515,606 $403,519 $112,087
2019 $6,268 $505,497 $395,607 $109,890
2018 $6,119 $495,586 $387,850 $107,736
2016 $5,836 $476,344 $372,791 $103,553
2015 $5,751 $469,190 $367,192 $101,998
2014 $2,648 $203,102 $150,450 $52,652
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13092666

California Regional Multiple Listing Service (CRMLS)

APN: 5410-020-027