NOT LISTED FOR SALE

Estimated Value: $967,000 - $1,364,331

5 Beds
3 Baths
2,110 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 28, 2021

Last sale price $935,000 $443 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,047/month

37 Days on Market

Highlights

  • Front Porch
  • Living Room
  • Shed
  • Abraham Lincoln High School Rated A
  • Jack-and-Jill Bathroom
  • Tile Flooring

About This Home

As of December 2021

OPPORTUNITY ZONED LINCOLN HEIGHTS INCOME PROPERTY WITH GROWTH POTENTIAL! Great duplex property generating $66,600 per year in gross rent! Property is also located in the East L.A. State Enterprise Zone and in an up and coming federal HubZone (Source: Zimas.org) Two homes on one lot. Front house: 1262 SF, 3 bd/2 ba, remodeled kitchen, laminate and tile floors, Jack and Jill bathroom, front porch and 2 parking spaces. Back house: 848 SF, 2 bd/1 ba with backyard and storage shed. Both houses share community laundry machines. PLEASE DO NOT DISTURB OCCUPANTS. DO NOT WALK ONTO THE PROPERTY.

Last Agent to Sell the Property

Amalia Ochoa

The Proud Crowd Inc. License #01933675 Listed on: 10/06/2021

Co-Listed By

Michael Fucci

The Proud Crowd Inc. License #01886363

Last Buyer's Agent

Jason White

Keller Williams Pacific Estate License #01326456

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,052

Year Built

  • Built in 1907 | Remodeled

Lot Details

  • 6,905 Sq Ft Lot
  • Property is zoned LARD3

Home Design

  • Raised Foundation

Interior Spaces

  • 2,110 Sq Ft Home
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Gas and Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • 3 Bathrooms

Laundry

  • Laundry Located Outside
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Outdoor Features

  • Shed
  • Front Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5210-032-029

Community Details

Overview

  • 2 Units
  • The Proud Crowd Management Company Association

Additional Features

  • Laundry Facilities
  • Rent Control

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,052

Year Built

Built in 1907 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: OPPORTUNITY ZONED LINCOLN HEIGHTS INCOME PROPERTY WITH GROWTH POTENTIAL! Great duplex property generating $66,600 per year in gross rent! Property is also located in the East L.A. State Enterprise Zone and in an up and coming federal HubZone (Source: Zimas.org) Two homes on one lot. Front house: 3 bd/2 ba, remodeled kitchen, laminate and tile floors, Jack and Jill bathroom, front porch and 2 parking spaces. Back house: 2 bd/1 ba with backyard and storage shed. Both houses share community laundry machines. PLEASE DO NOT DISTURB OCCUPANTS. DO NOT WALK ONTO THE PROPERTY.
  • Living Area: 2110
  • Lot Acreage: 0.1585
  • Property Condition: Updated/Remodeled
  • Year Built: 1907
  • Number Of Photos: 35
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Gas/Electric Range
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Dual Entry (Jack & Jill) Bath, Remodeled
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Remodeled
  • Laundry: Community, Outside
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 458.77

Exterior Features

  • Other Structures: Shed(s)
  • Foundation Details: Raised
  • Patio: Porch - Front, Porch - Rear

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway, Uncovered
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s), Wall/Window, Electric

Condo/Co-op/Association

  • Management Company: The Proud Crowd Management Company
  • Mgmt Co Phone: 3106017436|
  • Mgmt Co 2 Phone: 3106214625|

Lot Info

  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 150000
  • Assessed Land Percent: 75
  • Assessed Land Value: 450000
  • Total Assessed Value: 600000
  • Assessor Parcel Number: 5210-032-029
  • Lot Size Area: 6905

Rental Info

  • Total Actual Rent: 66600.00
  • Land Lease Type: Fee
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.53
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2022
Sold by
Almadani and Monica
Bought by
Ojala La Properties Llc
Current Estimated Value
$1,103,787

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 19, 2021
Sold by
Chen Jenny
Bought by
Almadani Yasin and Almadani Moncia
Seller's Agent
Amalia Ochoa
The Proud Crowd Inc.
Buyer's Agent
Jason White
Keller Williams Pacific Estate
List Price
$968,000
Sold Price
$935,000
Premium/Discount to List
-$33,000
-3.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$690,000
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 4, 2019
Closed on
Jul 12, 2019
Sold by
Chu Joe Chi and Hoong Cynthia
Bought by
Chen Jenny
Seller's Agent
LIZA TANG
QUEEN'S REALTY CO.
Buyer's Agent
Cynthia Hom
QUEEN'S REALTY CO.
List Price
$670,000
Sold Price
$600,000
Premium/Discount to List
-$70,000
-10.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.21%
Original Mortgage
$300,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2014
Sold by
On Tina Quyen and Le Thuan Nhu
Bought by
Tran Chi Vi
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
Ojala La Properties Llc -- Accommodation/Courtesy Recordi
Almadani Yasin $935,000 Fidelity National Title Co
Chen Jenny $600,000 Stewart Title
Tran Chi Vi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Almadani Yasin $690,000
Previous Owner Chen Jenny $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $935,000 -3.4% $443 / Sq Ft
11/12/2021 11/12/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $968,000 +3.5% $459 / Sq Ft
10/21/2021 10/21/21 Off Market $935,000 -- --
10/19/2021 10/19/21 For Sale $968,000 0.0% $459 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $968,000 0.0% $459 / Sq Ft
10/03/2019 10/03/19 Rented $2,100 -4.5% --
09/16/2019 09/16/19 Price Changed $2,200 -4.3% $3 / Sq Ft
09/09/2019 09/09/19 Price Changed $2,300 -4.2% $3 / Sq Ft
09/06/2019 09/06/19 For Rent $2,400 0.0% --
07/31/2019 07/31/19 Sold $600,000 -10.4% $284 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $670,000 -- $318 / Sq Ft
Source: The MLS

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 $12,052 $992,229 $673,867 $318,362
2024 $12,052 $972,774 $660,654 $312,120
2023 $11,820 $953,700 $647,700 $306,000
2022 $11,273 $935,000 $635,000 $300,000
2021 $7,483 $606,216 $454,662 $151,554
2020 $7,556 $600,000 $450,000 $150,000
2019 $4,679 $368,198 $323,432 $44,766
2018 $4,579 $360,980 $317,091 $43,889
2016 $4,362 $346,965 $304,779 $42,186
2015 $4,300 $341,754 $300,201 $41,553
2014 $3,815 $300,143 $292,651 $7,492
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-792236

The MLS

APN: 5210-032-029