NOT LISTED FOR SALE

Estimated Value: $959,000 - $1,367,861

5 Beds
2 Baths
1,937 Sq Ft
$583/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $839,000 $433 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $7,076/month

51 Days on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Park
  • Abraham Lincoln High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of June 2021

A rare find! Duplex on a spacious lot of 9,550 sf in coveted Lincoln Heights. Quiet and peaceful neighborhood, close to Downtown LA, Chinatown, USC Medical Center and public transportation. Only minutes to major freeways. The owner of this property has the choice of living close to family in two separate homes or ensuring privacy by taking advantage of its 2 entrances/driveways, one on Eastlake and the other on Darwin Ave. This is a rare configuration that makes the property feel almost like 2 entirely separate single family residences. The front unit, 2005 Eastlake, has 1,040 sf of living space. It features 3 bedrooms, 1 bathroom, a front and back yard, and 3 parking spaces on the driveway. This unit is currently occupied by tenants. 2007 Eastlake Ave sits at the back of the lot and is available for showing. Refer also to virtual staging photos. It offers 900 sf of living space including 2 bedrooms, 1 bathrooms and a bonus room. This unit has just been redone a few months ago with new kitchen cabinets, granite countertop, copper piping, vinyl floor and much more. The driveway entrance for this unit easily accommodates 5 parking cars. Each house has its own laundry hookups, separate electric and gas meters. With the new ADU law in LA, this property has a lot of potential to expand: adding rooms, ADU, junior ADU etc.,… Please do not disturb tenants. Lot is zoned LARD3. Sold as is.

Last Agent to Sell the Property

Hong Dinh

Ana Real Estate License #02101068 Listed on: 03/30/2021

Ana Real Estate

Last Buyer's Agent

Jean Chang

COLDWELL BANKER DYNASTY/TC License #01039745

COLDWELL BANKER DYNASTY/TC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,105

Year Built

  • Built in 1922

Lot Details

  • 9,550 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Fire Rated Drywall
  • Asbestos Shingle Roof

Interior Spaces

  • 1,937 Sq Ft Home
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Bonus Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Outdoor Grill

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 4 / 34
  • Assessor Parcel Number 5210027022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • New Taxes Expense $10,987
  • Operating Expense $11,987
  • Gross Income $62,400
  • Net Operating Income $50,890

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,105

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 3233797077
  • Price Per Unit: 439500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARD3
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5210027022
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: No
  • Price Per Square Foot: 433.14
  • Room Type: Bonus Room
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Foundation: Raised
  • Exterior Features: Barbecue Private
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Asbestos Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 9550.00
  • Lot Size Acres: 0.2192
  • Latitude Manual: 34.06799600

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 62400.00
  • Gross Operating Income: 62400.00
  • Gross Scheduled Income: 62400.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 9550.0000 Square Feet
  • Net Operating Income: 50890.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 11987.00
  • Rent Control: Yes
  • Total Actual Rent: 2100.00
  • Total Expenses: 11987.00

Tax Info

  • New Taxes Expense: 10987.00
  • Tax Block: 34
  • Tax Census Tract: 1998.00
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Cui and Baoqiu
Bought by
Cui Ziliang and Wu Baoqiu
Current Estimated Value
$1,128,965

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 28, 2021
Sold by
Dinh Hong Phuc
Bought by
Dinh Hong Phuc and Tran Lan Thu
Seller's Agent
Hong Dinh
Ana Real Estate
Buyer's Agent
Jean Chang
COLDWELL BANKER DYNASTY/TC
List Price
$879,000
Sold Price
$839,000
Premium/Discount to List
-$40,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.12%
Original Mortgage
$255,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2021
Closed on
May 7, 2021
Sold by
Dinh Hong Phuc and Dinh Phuc
Bought by
Cui Ziliang and Wu Baoqiu
Seller's Agent
Hong Dinh
Ana Real Estate
Buyer's Agent
Jean Chang
COLDWELL BANKER DYNASTY/TC
List Price
$879,000
Sold Price
$839,000
Premium/Discount to List
-$40,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2016
Sold by
Amador Robert Henry and Amador Joseph Neftali
Bought by
Dinh Phuc

Purchase Details

Closed on
May 18, 2012
Sold by
Amador Robert Henry and Amador Joseph Neftali
Bought by
Amador Robert Henry and Amador Joseph Neftali

Purchase Details

Closed on
Apr 19, 1999
Sold by
Cruz Ben Thomas and Blohm Virginia Ann
Bought by
Amador Neftali A and Amador Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.84%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Cruz Trust and Thomas Ben
Bought by
Cruz Ben Thomas and Cruz Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.84%

Purchase Details

Closed on
Mar 10, 1997
Sold by
Manoli Cora L Tr Cruz Trust
Bought by
Cruz Benjamin and Cruz Eugenia
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
Cui Ziliang -- --
Dinh Hong Phuc -- Orange Coast Title
Cui Ziliang $839,000 Orange Coast Ttl Co Of Socal
Dinh Hong Phuc -- Orange Coast Ttl Co Of Socal
Dinh Phuc $565,000 Lawyers Title
Amador Robert Henry -- None Available
Amador Neftali A $90,000 Investors Title
Cruz Ben Thomas -- --
Cruz Ben Thomas -- --
Cruz Benjamin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cui Ziliang $255,000
Previous Owner Dinh Hong Phuc $255,000
Previous Owner Cui Ziliang $255,000
Previous Owner Amador Neftali A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $839,000 -4.6% $433 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $879,000 +4.8% $454 / Sq Ft
04/29/2021 04/29/21 Off Market $839,000 -- --
03/30/2021 03/30/21 For Sale $879,000 -- $454 / 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 $11,105 $909,567 $653,399 $256,168
2024 $11,105 $891,734 $640,588 $251,146
2023 $10,977 $874,250 $628,028 $246,222
2022 $10,459 $855,780 $612,000 $243,780
2021 $7,731 $617,908 $459,330 $158,578
2020 $7,806 $611,573 $454,621 $156,952
2019 $7,507 $599,582 $445,707 $153,875
2018 $7,333 $587,826 $436,968 $150,858
2016 $1,615 $119,829 $72,612 $47,217
2015 $1,594 $118,030 $71,522 $46,508
2014 $1,613 $115,718 $70,121 $45,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21061527

California Regional Multiple Listing Service (CRMLS)

APN: 5210-027-022