NOT LISTED FOR SALE

Estimated Value: $601,000 - $1,141,000

2 Beds
2 Baths
1,146 Sq Ft
$773/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $210,000 $183 Per Sq Ft

Est. 322% increase in value since last sale

Current estimated payment $4,935/month

20 Days on Market

About This Home

As of February 2013

Excellent Opportunity Investment property 2 units 1 bedroom 1 bath each and close to all major freeways. One Unit is 2815 Newell L.A. this property is located 15 minutes from Downtown Los Angeles
close to Dodger stadium. Great Investment.

Last Agent to Sell the Property

MINA RUIZ

IRN REALTY License #00948518 Listed on: 07/10/2012

IRN REALTY

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 3,062 Sq Ft Lot

Home Design

  • 1,146 Sq Ft Home
  • Fixer Upper
  • Shingle Roof
  • Stucco

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 107
  • Tax Tract Number 5485
  • Assessor Parcel Number 5442017018

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $50
  • Insurance Expense $100
  • Trash Expense $20
  • Water Sewer Expense $90
  • New Taxes Expense $100
  • Gross Income $1,000
  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

3,062 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • View: No
  • Water Sewer Expenses: 90.00
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5442017018
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 183.25

Exterior Features

  • Roof: Shingle
  • Construction Materials: Stucco

Utilities

  • Trash Expense: 20.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 3062.00
  • Lot Size Acres: 0.0700

Multi Family

  • Average1 Bed Area: 572
  • Average2 Bed Area: 572
  • Electric Expense: 50.00
  • Gross Income: 1000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 100.00
  • Lot Size Area: 3062.0000 Square Feet
  • Net Operating Income: 7200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4800.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 100.00
  • Tax Lot: 107
  • Tax Tract Number: 5485
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2012
Closed on
Jan 24, 2013
Sold by
Banuelos Teresa
Bought by
Estrada Gloria
Seller's Agent
MINA RUIZ
IRN REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$215,000
Sold Price
$210,000
Premium/Discount to List
-$5,000
-2.33%
Current Estimated Value
$885,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,998
Avg. Annual Appreciation
11.64%
Original Mortgage
$192,307
Outstanding Balance
$135,731
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$750,267

Purchase Details

Closed on
Oct 26, 2005
Sold by
Gmg Investment Co
Bought by
Sislin Paul

Purchase Details

Closed on
Feb 23, 2005
Sold by
Aguilar Pablo
Bought by
Banuelos Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
1.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2002
Sold by
Menendez Eva S
Bought by
Aguilar Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,146
Interest Rate
7.08%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Estrada Gloria $210,000 Fidelity Van Nuys
Sislin Paul $860,000 Chicago Title Co
Banuelos Teresa -- First Southwestern Title Co
Aguilar Pablo $120,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Gloria $192,307
Previous Owner Banuelos Teresa $215,000
Previous Owner Aguilar Pablo $118,146
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2013 02/28/13 Sold $210,000 -2.3% $183 / Sq Ft
07/30/2012 07/30/12 Pending -- -- --
07/10/2012 07/10/12 For Sale $215,000 -- $188 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,304 $258,587 $181,013 $77,574
2024 $3,304 $253,517 $177,464 $76,053
2023 $3,241 $248,547 $173,985 $74,562
2022 $3,089 $243,674 $170,574 $73,100
2021 $3,046 $238,897 $167,230 $71,667
2019 $2,955 $231,814 $162,271 $69,543
2018 $2,908 $227,270 $159,090 $68,180
2016 $2,770 $218,447 $152,913 $65,534
2015 $2,730 $215,167 $150,617 $64,550
2014 $2,750 $210,953 $147,667 $63,286
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: M12086598

California Regional Multiple Listing Service (CRMLS)

APN: 5442-017-018

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