NOT LISTED FOR SALE

2014 2nd Ave Los Angeles, CA 90018

Arlington Heights Neighborhood

Estimated Value: $966,000 - $1,381,000

7 Beds
4 Baths
2,440 Sq Ft
$502/Sq Ft Est. Value

Last Sold October 23, 2018

Last sale price $860,000 $352 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,645/month

37 Days on Market

About This Home

As of October 2018

4 units one duplex in front 2 bed 1 bath 1 bed 1 bath two story building in the back 2 bed 1 bath each

Last Agent to Sell the Property

Daniel Gonzalez

Excellence RE Real Estate License #00934993 Listed on: 07/24/2018

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,811

Year Built

  • Built in 1959

Lot Details

  • 7,100 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Home Design

  • 2,440 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 1120
  • Tax Tract Number 218800
  • Assessor Parcel Number 5060031010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $4,500
  • New Taxes Expense $11,500
  • Gross Income $40,800
  • Net Operating Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,811

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Other Phone Description: 310-995-5987
  • Property Attached: Yes
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5060031010
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 352.46

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • 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: Rectangular Lot
  • Lot Size Sq Ft: 7100.00

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 4500.00
  • Net Operating Income: 31500.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 8500.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 11500.00
  • Tax Census Tract: 2188.00
  • Tax Lot: 1120
  • Tax Tract Number: 218800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2020
Sold by
Nikfarjam Soheil David and Shargani Rita
Bought by
Nikfarjam Soheil David and Shargani Rita
Current Estimated Value
$1,224,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Outstanding Balance
$585,252
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$617,040

Purchase Details

Listed on
Jul 24, 2018
Closed on
Sep 7, 2018
Sold by
Macias Antonio O and Macias Adelaida B
Bought by
Nikfarjam Sohiel David and Shargani Rita
Seller's Agent
Daniel Gonzalez
Excellence RE Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$915,000
Sold Price
$860,000
Premium/Discount to List
-$55,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$645,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Nikfarjam Soheil David -- Stewart Ttl Of Ca Inc
Nikfarjam Sohiel David $860,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nikfarjam Soheil David $658,000
Previous Owner Nikfarjam Sohiel David $645,000
Previous Owner Macias Antonio O $60,000
Previous Owner Macias Antonio O $80,300
Previous Owner Macias Antonio O $30,000
Previous Owner Macias Antonio O $85,000
Previous Owner Macias Antonio O $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2018 10/23/18 Sold $860,000 -3.9% $352 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/08/2018 08/08/18 Price Changed $895,000 -2.2% $367 / Sq Ft
07/24/2018 07/24/18 For Sale $915,000 -- $375 / 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 $11,811 $959,343 $671,541 $287,802
2024 $11,811 $940,533 $658,374 $282,159
2023 $11,590 $922,092 $645,465 $276,627
2022 $11,065 $904,012 $632,809 $271,203
2021 $10,923 $886,287 $620,401 $265,886
2019 $10,604 $860,000 $602,000 $258,000
2018 $1,124 $69,617 $36,001 $33,616
2016 $1,053 $66,915 $34,604 $32,311
2015 $1,041 $65,911 $34,085 $31,826
2014 $1,074 $64,621 $33,418 $31,203
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    Daniel Gonzalez

    Excellence RE Real Estate

    (323) 566-6800

    1 Total Sale

    Daniel Gonzalez
    Section Image

  • N

    Buyer's Agent in 2018

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    2 in this area

    5,863 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18177738

California Regional Multiple Listing Service (CRMLS)

APN: 5060-031-010

California Los Angeles County Los Angeles 90018 Arlington Heights

2014 2nd Ave, Los Angeles, CA

This home is located at 2014 2nd Ave, Los Angeles, CA 90018 since 24 July 2018 and is currently estimated at $1,224,862, approximately $501 per square foot. This property was built in 1959. 2014 2nd Ave is a home located in Los Angeles County with nearby schools including Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School, and Los Angeles Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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