NOT LISTED FOR SALE

Estimated Value: $774,000 - $935,000

4 Beds
2 Baths
1,216 Sq Ft
$692/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $645,000 $530 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $4,862/month

35 Days on Market

Highlights

  • Living Room
  • Garage
  • Dining Area
  • Laundry Room

About This Home

As of October 2020

Great ownership of investment opportunity in the Manchester Square area of Los Angeles! Both units in this charming duplex are vacant. Live in one unit, rent the other or add this property to your profile and rent out both units. Front unit has 3 bedrooms, 1 bath, a spacious living room, a breakfast nook off of the kitchen and a dining area with a large window inviting an abundance of natural light in. The service porch has laundry hook-ups. Rear unit has 1 bedroom, 1 bath, living room and a quaint eating area off of the kitchen. The backyard is open and is a blank canvas allowing your creative landscaping ideas to run wild. Come be the newest neighbor!

Last Agent to Sell the Property

Johnny Hayes

Compass License #01897908 Listed on: 07/10/2020

Compass

Last Buyer's Agent

Jose Loeza

Re/Max Pacific Properties License #01212614

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,566

Year Built

  • Built in 1925

Lot Details

  • 6,717

Home Design

  • Duplex

Interior Spaces

  • 1,216 Sq Ft Home
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Garage
  • Driveway

Additional Features

  • 6,717 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6017-014-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,566

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1216
  • Lot Acreage: 0.1542
  • Year Built: 1925
  • Number Of Photos: 25
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Gas Dryer Hookup
  • Price Per S Q F T: 530.43

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage, Driveway

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 55475
  • Assessed Land Percent: 80
  • Assessed Land Value: 221912
  • Total Assessed Value: 277387
  • Assessor Parcel Number: 6017-014-017
  • Lot Size Area: 6717

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 19, 2020
Sold by
Davis Brandon
Bought by
Castellanos Luis and Castellanos Aileen
Seller's Agent
Johnny Hayes
Compass
Buyer's Agent
Jose Loeza
Re/Max Pacific Properties
List Price
$645,000
Sold Price
$645,000
Current Estimated Value
$781,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,617
Avg. Annual Appreciation
4.46%
Original Mortgage
$516,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2009
Sold by
Young Melvelyn
Bought by
Davis Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
4.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2009
Sold by
Young Melvelyn and Estate Of Helen Young
Bought by
Young Melvelyn
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
Castellanos Luis $645,000 Equity Title
Davis Brandon $160,000 Provident Title Company
Young Melvelyn -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castellanos Luis $516,000
Previous Owner Davis Brandon $157,000
Previous Owner Davis Brandon $157,102
Previous Owner Young Melvelyn $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $645,000 0.0% $530 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $645,000 0.0% $530 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $645,000 -- $530 / 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 $8,566 $698,168 $541,216 $156,952
2024 $8,566 $684,479 $530,604 $153,875
2023 $8,407 $671,058 $520,200 $150,858
2022 $8,025 $657,900 $510,000 $147,900
2021 $7,922 $645,000 $500,000 $145,000
2020 $3,788 $294,363 $235,494 $58,869
2019 $3,646 $288,592 $230,877 $57,715
2018 $3,548 $282,934 $226,350 $56,584
2016 $3,380 $271,949 $217,561 $54,388
2015 $3,332 $267,866 $214,294 $53,572
2014 $3,356 $262,620 $210,097 $52,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-602118

The MLS

APN: 6017-014-017