NOT LISTED FOR SALE

Estimated Value: $663,000 - $812,000

3 Beds
2 Baths
1,281 Sq Ft
$562/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $470,000 $367 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,353/month

12 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Rectangular Lot
  • Felicitas and Gonzalo Mendez High Rated A-
  • Laundry Room
  • Vinyl Flooring

About This Home

As of April 2019

Great opportunity to live in one and rent the other. The 2 units on a lot in the upcoming and highly anticipated Boyle Heights neighborhood. Situated in close proximity to DTLA this property is less few minutes from the USC Medical Center, Starbucks, and freeway access. Unit 1924 features 2 bedrooms and 1 bathroom and unit 1926 1 bedroom and 1 bathroom. Each complex has separate meters for gas, and electricity and one car detached garage with a long driveway. Each unit has its own washer/dryer hook-ups. This property has been well maintained and cared for.

Last Agent to Sell the Property

Freddy Gamboa

Realty One Group United License #01750160 Listed on: 02/01/2019

Realty One Group United

Last Buyer's Agent

Dianna Perez

The Address, Inc. License #01953256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,433

Year Built

  • Built in 1923

Lot Details

  • 4,001 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Duplex

Interior Spaces

  • 1,281 Sq Ft Home
  • Vinyl Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 82
  • Tax Tract Number 5403
  • Assessor Parcel Number 5175023015

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $580
  • Water Sewer Expense $1,670
  • Operating Expense $1,620
  • Net Operating Income $2,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,433

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 1670.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5175023015
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Levels: One
  • Price Per Square Foot: 366.90
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Garage - Single Door
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Rectangular Lot
  • Lot Size Sq Ft: 4001.00
  • Lot Size Acres: 0.0919

Multi Family

  • Gross Scheduled Income: 9900.00
  • Insurance Expense: 580.00
  • Lot Size Area: 4001.0000 Square Feet
  • Net Operating Income: 2200.00
  • 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: 2200.00
  • Rent Control: Yes
  • Total Expenses: 1620.00

Tax Info

  • Tax Census Tract: 2036.00
  • Tax Lot: 82
  • Tax Tract Number: 5403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2021
Sold by
Ikram Muhammad
Bought by
Ikram Muhammad and Aguirre Zoe
Current Estimated Value
$719,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$392,752
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$327,095

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 20, 2019
Sold by
Reyes Justin and Reyes Clementina
Bought by
Ikram Muhammad
Seller's Agent
Freddy Gamboa
Realty One Group United
Buyer's Agent
Dianna Perez
The Address, Inc.
List Price
$430,000
Sold Price
$470,000
Premium/Discount to List
$40,000
9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$399,500
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 1, 2019
Closed on
Mar 7, 2019
Sold by
Aguirre Zoe
Bought by
Ikram Muhammad
Seller's Agent
Freddy Gamboa
Realty One Group United
Buyer's Agent
Dianna Perez
The Address, Inc.
List Price
$430,000
Sold Price
$470,000
Premium/Discount to List
$40,000
9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,500
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ikram Muhammad -- Chicago Title
Ikram Muhammad $470,000 Ticor Title Company
Ikram Muhammad -- Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ikram Muhammad $435,000
Previous Owner Ikram Muhammad $399,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $470,000 +9.3% $367 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/01/2019 02/01/19 For Sale $430,000 -- $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 $6,433 $524,288 $345,808 $178,480
2024 $6,433 $514,009 $339,028 $174,981
2023 $6,311 $503,931 $332,381 $171,550
2022 $6,019 $494,051 $325,864 $168,187
2021 $5,944 $484,365 $319,475 $164,890
2020 $6,002 $479,400 $316,200 $163,200
2019 $5,238 $32,027 $18,211 $13,816
2018 $567 $31,400 $17,854 $13,546
2016 $529 $30,182 $17,161 $13,021
2015 $523 $29,730 $16,904 $12,826
2014 $539 $29,148 $16,573 $12,575
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19025049

California Regional Multiple Listing Service (CRMLS)

APN: 5175-023-015