NOT LISTED FOR SALE

Estimated Value: $631,000 - $752,229

5 Beds
3 Baths
1,484 Sq Ft
$460/Sq Ft Est. Value

Last Sold September 18, 2017

Last sale price $320,000 $216 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,112/month

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Back and Front Yard
  • Felicitas and Gonzalo Mendez High Rated A-
  • Tile Flooring

About This Home

As of September 2017

Excellent potential on this charming Boyle Heights income producing property. The property consists of a duplex in the front (2 bed 1 bath and 1 bed 1 bath) and a separate non-permitted detached unit in the back (2 bed 1 bath). Surrounded by amenities, and the USC Health Sciences Campus & Medical Center is approximately less than a mile away. Take advantage of the rising rental rates in the area as Boyle Heights continues to rapidly grow. Don't miss out on this great opportunity.

Last Agent to Sell the Property

Michael Nalbandian

Bridgeline, Inc. License #01945444 Listed on: 08/07/2017

Last Buyer's Agent

James Lee

EXP REALTY OF CALIFORNIA INC License #01862975

EXP REALTY OF CALIFORNIA INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,070

Year Built

  • Built in 1924

Lot Details

  • 4,000 Sq Ft Lot
  • 1 Common Wall
  • No Sprinklers
  • Back and Front Yard

Home Design

  • 1,484 Sq Ft Home
  • Duplex
  • Fixer Upper

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 61
  • Tax Tract Number 5403
  • Assessor Parcel Number 5175021019

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,070

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5175021019
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 215.63

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Sprinklers None
  • Lot Size Sq Ft: 4000.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2036.00
  • Tax Lot: 61
  • Tax Tract Number: 5403

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2022
Sold by
Fernandez Alain Jerome
Bought by
City View Properties Llc
Current Estimated Value
$682,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,750
Outstanding Balance
$442,920
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$239,137

Purchase Details

Closed on
Nov 10, 2022
Sold by
Komure Melanie
Bought by
Castro Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,750
Outstanding Balance
$442,920
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$239,137

Purchase Details

Closed on
May 16, 2018
Sold by
Fernandez Alain Jermome
Bought by
City View Properties Llc

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 24, 2017
Sold by
Fernandez Jheremee
Bought by
Fernandez Alain Jerome
Seller's Agent
Michael Nalbandian
Bridgeline, Inc.
Buyer's Agent
James Lee
EXP REALTY OF CALIFORNIA INC
List Price
$384,000
Sold Price
$320,000
Premium/Discount to List
-$64,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%
Original Mortgage
$240,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 7, 2017
Closed on
Aug 22, 2017
Sold by
Salazar Roberto
Bought by
Fernandez Alain Jerome
Seller's Agent
Michael Nalbandian
Bridgeline, Inc.
Buyer's Agent
James Lee
EXP REALTY OF CALIFORNIA INC
List Price
$384,000
Sold Price
$320,000
Premium/Discount to List
-$64,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 4, 2016
Closed on
Apr 28, 2016
Sold by
Ruiz Marina
Bought by
Salazar Roberto and Salazar Asenada
Seller's Agent
John Christopher
Compass
Buyer's Agent
Nelson Sanchez
List Price
$349,000
Sold Price
$360,000
Premium/Discount to List
$11,000
3.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.92%

Purchase Details

Closed on
Jan 15, 1997
Sold by
Ruiz Francisco and Ruiz Clicelda
Bought by
Ruiz Marina
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
City View Properties Llc -- Accommodation/Courtesy Recordi
Fernandez Alain Jerome -- Lawyers Title
Castro Adrian -- Lawyers Title
Castro Adrian -- Lawyers Title
City View Properties Llc -- None Available
Fernandez Alain Jerome -- Lawyers Title Co
Fernandez Alain Jerome $320,000 Lawyers Title Co
Salazar Roberto $360,000 Equity Title
Ruiz Marina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open City View Properties Llc $456,750
Closed Castro Adrian $456,750
Previous Owner Fernandez Alain Jerome $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2017 09/18/17 Sold $320,000 -16.7% $216 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
08/07/2017 08/07/17 For Sale $384,000 +6.7% $259 / Sq Ft
06/15/2016 06/15/16 Sold $360,000 +3.2% $243 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
04/04/2016 04/04/16 For Sale $349,000 -- $235 / 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 $6,070 $489,262 $293,558 $195,704
2024 $6,070 $479,669 $287,802 $191,867
2023 $5,956 $470,264 $282,159 $188,105
2022 $5,683 $461,044 $276,627 $184,417
2021 $5,610 $452,004 $271,203 $180,801
2020 $5,664 $447,571 $268,423 $179,148
2019 $4,128 $326,600 $255,000 $71,600
2018 $4,033 $320,200 $250,000 $70,200
2016 $2,994 $243,088 $106,900 $136,188
2015 $2,951 $239,438 $105,295 $134,143
2014 $2,970 $234,749 $103,233 $131,516
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17181430

California Regional Multiple Listing Service (CRMLS)

APN: 5175-021-019