NOT LISTED FOR SALE

Estimated Value: $1,099,000 - $1,624,000

3 Beds
2 Baths
1,754 Sq Ft
$726/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $581,000 $331 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $7,658/month

96 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Level Lot
  • Spanish Architecture
  • Wrought Iron Fence
  • Wood Burning Fireplace

About This Home

As of May 2014

Beautifully remodeled duplex on a quiet street in Los Angeles just minutes from Miracle Mile. The front unit is a very spacious 2 bedroom 1 bath with all new upgrades. Both units have custom designed kitchen cabinets and new light fixtures throughout. The bathrooms have custom shower tile, tile floors, new vanities and mirrors. The entire property has fresh paint inside and out to go along with its new landscaping equipped with automatic sprinklers! There is a 2 car garage attached and the property has a large gated yard with plenty of room for the kids and pets to run around. Located within minutes of Marvin Avenue Elementary School, Miracle Mile, Cedars Sinai and easy access to the 10 freeway

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 04/03/2014

Last Buyer's Agent

LOUELLA ROBERSON

ENVOY FINANCIAL GROUP License #01200887

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,602

Year Built

  • Built in 1930

Lot Details

  • 5,750 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,754 Sq Ft Home
  • Wood Burning Fireplace
  • Gas Fireplace
  • Living Room with Fireplace

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 67
  • Tax Tract Number 5770
  • Assessor Parcel Number 5064016009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,602

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5064016009
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Fireplace Features: Gas, Living Room, Wood Burning
  • Price Per Square Foot: 331.24
  • Room Type: Living Room

Exterior Features

  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Lot Features: Level, Sprinklers In Front
  • Lot Size Sq Ft: 5750.00
  • Lot Size Acres: 0.1320

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 5750.0000 Square Feet
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 67
  • Tax Tract Number: 5770
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
May 8, 2014
Sold by
Martingale Investments Llc
Bought by
Nguyen Ethan and Nguyen Joon
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
LOUELLA ROBERSON
ENVOY FINANCIAL GROUP
List Price
$589,900
Sold Price
$581,000
Premium/Discount to List
-$8,900
-1.51%
Current Estimated Value
$1,273,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$692,894
Avg. Annual Appreciation
6.94%
Original Mortgage
$290,500
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2013
Sold by
Fedida Igal and Shoshan Efrat
Bought by
Martingale Investments Llc

Purchase Details

Closed on
May 26, 2006
Sold by
Kerley Brenda and Estate Of John F Kerley
Bought by
Fedida Igal and Shoshan Efrat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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
Nguyen Ethan $581,000 Title 365
Martingale Investments Llc $416,250 Accommodation
Fedida Igal -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Ethan $258,000
Closed Nguyen Ethan $290,500
Previous Owner Martingale Investments Llc $333,000
Previous Owner Fedida Igal $472,000
Previous Owner Kerley John F $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $581,000 -1.5% $331 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $589,900 -- $336 / 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 $8,602 $712,214 $498,919 $213,295
2024 $8,602 $698,250 $489,137 $209,113
2023 $8,440 $684,560 $479,547 $205,013
2022 $8,055 $671,139 $470,145 $200,994
2021 $7,948 $657,980 $460,927 $197,053
2020 $8,025 $651,234 $456,201 $195,033
2019 $7,710 $638,465 $447,256 $191,209
2018 $7,562 $625,947 $438,487 $187,460
2016 $7,220 $601,643 $421,461 $180,182
2015 $7,114 $592,607 $415,131 $177,476
2014 $5,304 $416,000 $300,000 $116,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14016579

California Regional Multiple Listing Service (CRMLS)

APN: 5064-016-009