NOT LISTED FOR SALE

Estimated Value: $705,000 - $1,603,000

3 Beds
2 Baths
1,809 Sq Ft
$565/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $560,000 $310 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,838/month

Highlights

  • Laundry Room
  • Abraham Lincoln High School Rated A
  • 1-Story Property

About This Home

As of December 2020

FAMILY TRUST AUCTION!!! GREAT OPPORTUNITY TO BUY 2 SIDE BY SIDE HOMES ON SEPARATE PARCELS (APN's 5211-004-013 & 5211-004-014) IN THE HIGHLY DESIRABLE LINCOLN HEIGHTS AREA OF LOS ANGELES (BOTH PARCELS SOLD TOGETHER AS ONE SALE). 1920 GATES STREET IS A 2 BEDROOM, 1 BATH HOME WITH LIVING ROOM, DINING AREA, KITCHEN AND LAUNDRY ROOM WITH SIDE BY SIDE WASHER/DRYER HOOKUP. 1918 GATES STREET IS A 1 BEDROOM, 1 BATH HOME WITH LIVING ROOM, BREAKFAST AREA AND KITCHEN. LARGE CONCRETE BACK YARD WITH STORAGE SHEDS. SEPARATE GAS AND ELECTRIC METERS. A SHARED DRIVEWAY SEPARATES BOTH PROPERTIES.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 10/19/2020

Last Buyer's Agent

BILL YU

HYAN REALTY License #00978328

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,716

Year Built

  • Built in 1912

Lot Details

  • 7,166 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 23 / 39
  • Assessor Parcel Number 5211004013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,716

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5211004013
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 309.56

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7166.00
  • Lot Size Acres: 0.1645

Multi Family

  • Lot Size Area: 7166.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 39
  • Tax Census Tract: 1999.00
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Feb 4, 2021
Sold by
1920 Gates Llc
Bought by
Crittenden Stanley D
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
BILL YU
HYAN REALTY
List Price
$549,000
Sold Price
$560,000
Premium/Discount to List
$11,000
2%
Current Estimated Value
$1,021,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$461,939
Avg. Annual Appreciation
15.37%
Original Mortgage
$1,420,000
Outstanding Balance
$1,275,818
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
-$175,931

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 19, 2020
Sold by
Cziffer Rossana Vicky
Bought by
Yu Kevin Yung Lee
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
BILL YU
HYAN REALTY
List Price
$549,000
Sold Price
$560,000
Premium/Discount to List
$11,000
2%

Purchase Details

Closed on
Aug 26, 2010
Sold by
Maldonado Alberto and Maldonado Ana
Bought by
Maldonado Alberto and The Alberto & Ana Maldonado Fa
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
Crittenden Stanley D $1,775,000 Lawyers Title
Yu Kevin Yung Lee $560,000 Usa National Title
Maldonado Alberto -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Randy Oliver $185,000
Open Crittenden Stanley D $1,420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $560,000 +2.0% $310 / Sq Ft
11/14/2020 11/14/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $549,000 -- $303 / 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 $4,716 $373,436 $265,194 $108,242
2024 $4,716 $366,115 $259,995 $106,120
2023 $4,628 $358,938 $254,898 $104,040
2022 $4,419 $351,900 $249,900 $102,000
2021 $4,364 $345,000 $245,000 $100,000
2020 $596 $31,103 $15,218 $15,885
2019 $583 $30,494 $14,920 $15,574
2018 $465 $29,897 $14,628 $15,269
2016 $429 $28,738 $14,061 $14,677
2015 $424 $28,307 $13,850 $14,457
2014 $434 $27,753 $13,579 $14,174
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20220378

California Regional Multiple Listing Service (CRMLS)

APN: 5211-004-013