NOT LISTED FOR SALE

1918 E 113th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $578,000 - $700,376

4 Beds
2 Baths
1,402 Sq Ft
$455/Sq Ft Est. Value

Last Sold April 04, 2014

Last sale price $240,000 $171 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $3,657/month

26 Days on Market

About This Home

As of April 2014

2 UNITS/DUPLEX, EACH UNIT FEATURES 2 BEDROOMS 1 BATH ABOUT 701 SQFT EACH. ONE UNIT WAS PARTIALLY REMODELED, GREAT FOR INVESTOR LOOKING TO BUY AND HOLD. MOTIVATED SELLERS, WILL CONSIDER ALL REASONABLE OFFERS. 1ST TIME ON THE MARKET. DON'T LET THIS ONE PASS YOU BY, CALL LISTING AGENT FOR MORE INFORMATION. PLEASE DO NOT DISTURB OCCUPANT, DRIVE BY, SUBJECT TO INTERIOR INSPECTION, SHOWN BY APPOINTMENT ONLY.
IF SHOWS AVAILABLE ITS AVAILABLE.

Last Agent to Sell the Property

Carlos Garcia

SOUTHLAND Real Estate Service License #01320764 Listed on: 01/16/2014

SOUTHLAND Real Estate Service

Last Buyer's Agent

Norma Machado

Hamilton Homes Real Estate License #01221856

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 6,858 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,402 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Driveway

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 25
  • Assessor Parcel Number 6067003025

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Maintenance Expense $600
  • Water Sewer Expense $1,440
  • New Taxes Expense $3,563
  • Gross Income $2,200
  • Net Operating Income $19,697

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1440.00
  • Property Type: Residential Income
  • Parcel Number: 6067003025
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 171.18

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6858.00
  • Lot Size Acres: 0.1570

Multi Family

  • Average2 Bed Area: 701
  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 6858.0000 Square Feet
  • Maintenance Expense: 600.00
  • Net Operating Income: 19697.00
  • 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: 557.00
  • Other Income Description: RENT PROFORMA
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3563.00
  • Tax Lot: 58
  • Tax Tract Number: 25
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
Apr 2, 2014
Sold by
Roberts Essie L
Bought by
Real Felipe Benjamin
Seller's Agent
Carlos Garcia
SOUTHLAND Real Estate Service
Buyer's Agent
Norma Machado
Hamilton Homes Real Estate
List Price
$285,000
Sold Price
$240,000
Premium/Discount to List
-$45,000
-15.79%
Current Estimated Value
$637,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,844
Avg. Annual Appreciation
8.67%
Original Mortgage
$235,653
Outstanding Balance
$178,531
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$459,313

Purchase Details

Closed on
Sep 21, 2013
Sold by
Roberts Robyn T
Bought by
Roberts Essie L

Purchase Details

Closed on
Aug 17, 2001
Sold by
Roberts Horace L and Roberts Essie L
Bought by
Roberts Robyn T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Real Felipe Benjamin $240,000 Fidelity National Title Co
Roberts Essie L -- None Available
Roberts Robyn T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real Felipe Benjamin $235,653
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2014 04/04/14 Sold $240,000 -15.8% $171 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $285,000 -- $203 / 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 $3,903 $294,194 $220,649 $73,545
2024 $3,903 $288,426 $216,323 $72,103
2023 $3,830 $282,772 $212,082 $70,690
2022 $3,663 $277,228 $207,924 $69,304
2021 $3,611 $271,794 $203,848 $67,946
2019 $3,505 $263,734 $197,802 $65,932
2018 $3,462 $258,564 $193,924 $64,640
2016 $3,296 $248,526 $186,395 $62,131
2015 $3,245 $244,794 $183,596 $61,198
2014 $2,066 $134,962 $81,943 $53,019
Source: Public Records

Agents Affiliated with this Home

  • Carlos Garcia

    Seller's Agent in 2014

    Carlos Garcia

    SOUTHLAND Real Estate Service

    (562) 307-5636

    18 Total Sales

    Carlos Garcia
    Section Image

  • N

    Buyer's Agent in 2014

    Norma Machado

    Hamilton Homes Real Estate

    (323) 864-8686

    5 Total Sales

    Norma Machado
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14010533

California Regional Multiple Listing Service (CRMLS)

APN: 6067-003-025

California Los Angeles County Los Angeles 90059 Watts

1918 E 113th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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