NOT LISTED FOR SALE

Estimated Value: $872,000 - $1,194,000

4 Beds
3 Baths
1,803 Sq Ft
$613/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $712,000 $395 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,680/month

135 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Bonus Room
  • Home Office
  • Abraham Lincoln High School Rated A
  • Private Yard
  • Cooling System Mounted To A Wall/Window

About This Home

As of November 2019

This 2 unit Residential Income Property has many great features, located in the desireable Lincoln Heights Area Of Los Angeles. The Front Unit features 3 bedrooms, 2 full bathrooms with an office and a Bonus room. The second Unit is a studio, emphasize on privacy, with separate entry through the back yard. The large back yard, has 2 mature Avocado trees, an orange tree, lemon tree with grape vines overflowing in the backyard. This Property is centrally located near Downtown Los Angeles, with shopping, access to freeways and the famous Union Train Station. It is a Gem, make this your next HOME!

Last Agent to Sell the Property

Linda Roseli

Max Value Realty License #01704070 Listed on: 06/06/2019

Last Buyer's Agent

Lou Chavez

Century 21 Allstars License #01949822

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,525

Year Built

  • Built in 1903

Lot Details

  • 7,041 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Interior Spaces

  • 1,803 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Home Office
  • Bonus Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Parking

  • 3 Parking Spaces
  • Parking Available
  • Driveway Level

Accessible Home Design

  • Doors swing in
  • No Interior Steps
  • Accessible Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Not Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 4
  • Assessor Parcel Number 5210017007

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • Electric Expense $900
  • Insurance Expense $500
  • Water Sewer Expense $400
  • New Taxes Expense $500
  • Operating Expense $2,300
  • Gross Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,525

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 400.00
  • Property Type: Residential Income
  • Parcel Number: 5210017007
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In, No Interior Steps, Parking
  • Appliances: Yes
  • Price Per Square Foot: 394.90
  • Room Type: All Bedrooms Down, Bonus Room, Laundry, Living Room, Main Floor Bedroom, Office

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Driveway Level
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Not Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Sprinklers In Front, Yard
  • Lot Size Sq Ft: 7041.00
  • Lot Size Acres: 0.1616

Multi Family

  • Electric Expense: 900.00
  • Gross Income: 6000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 7041.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3800.00
  • Rent Control: Yes
  • Total Expenses: 2300.00

Tax Info

  • New Taxes Expense: 500.00
  • Tax Lot: 4
  • Tax Tract Number: 00004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2019
Closed on
Nov 21, 2019
Sold by
Betancourt Maria Guadalupe
Bought by
Yglecias Michael A
Seller's Agent
Linda Roseli
Max Value Realty
Buyer's Agent
Lou Chavez
Century 21 Allstars
List Price
$809,999
Sold Price
$712,000
Premium/Discount to List
-$97,999
-12.1%
Current Estimated Value
$1,104,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,621
Avg. Annual Appreciation
4.65%
Original Mortgage
$130,000
Interest Rate
3.5%

Purchase Details

Listed on
Jun 6, 2019
Closed on
Oct 23, 2019
Sold by
Yglecias Michael A and Maria Guadalupe Betancourt Tru
Bought by
Barton Helene D and Helene D Barton Revocable Trus
Seller's Agent
Linda Roseli
Max Value Realty
Buyer's Agent
Lou Chavez
Century 21 Allstars
List Price
$809,999
Sold Price
$712,000
Premium/Discount to List
-$97,999
-12.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
3.5%

Purchase Details

Closed on
Aug 8, 2006
Sold by
Betancourt Maria Guadalupe
Bought by
Betancourt Maria Guadalupe and The Maria Guadalupe Betancourt
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
Barton Helene D $712,000 Provident Title Co
Betancourt Maria Guadalupe -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Helene D Barion Revocable Trus $177,000
Closed Barton Helene D $160,000
Closed Barton Helene D $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $712,000 +0.3% $395 / Sq Ft
10/19/2019 10/19/19 Pending -- -- --
10/08/2019 10/08/19 Price Changed $709,999 -7.8% $394 / Sq Ft
08/25/2019 08/25/19 Price Changed $769,885 0.0% $427 / Sq Ft
07/06/2019 07/06/19 Price Changed $769,888 -5.0% $427 / Sq Ft
06/06/2019 06/06/19 For Sale $809,999 -- $449 / 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 $9,525 $778,670 $546,820 $231,850
2024 $9,525 $763,403 $536,099 $227,304
2023 $9,343 $748,436 $525,588 $222,848
2022 $8,913 $733,762 $515,283 $218,479
2021 $8,801 $719,376 $505,180 $214,196
2020 $8,888 $712,000 $500,000 $212,000
2019 $645 $32,681 $24,361 $8,320
2018 $493 $32,041 $23,884 $8,157
2016 $458 $30,799 $22,957 $7,842
2015 $453 $30,338 $22,613 $7,725
2014 $463 $29,745 $22,171 $7,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19132540

California Regional Multiple Listing Service (CRMLS)

APN: 5210-017-007