NOT LISTED FOR SALE

Estimated Value: $728,000 - $861,000

3 Beds
2 Baths
1,386 Sq Ft
$568/Sq Ft Est. Value

Last Sold May 16, 2019

Last sale price $529,000 $382 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,775/month

26 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Slab Porch or Patio
  • Stone Countertops
  • Bathtub with Shower
  • 2-minute walk to Wall Street Park

About This Home

As of May 2019

Excellent income-generating opportunity with this 2-unit property! This property consists of a 2 bed/1 bath and a 1 bed / 1 bath and features modern wood laminate and plush carpet flooring. Kitchen features quartz countertops, white panel cabinets, and accent fixtures and hardware. Bathrooms have been outfitted with new vanities, tile flooring, and tile surrounds. Both units offer energy efficient dual pane windows to let in plenty of natural light! This property is rounded out by a fresh coat of interior and exterior paint. Live in one and rent the other or rent out both units for some supplemental income! Do not miss out on this opportunity! Vouchers for stove, and dishwasher for front unit ONLY to be issued at close of escrow.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 03/07/2019

Last Buyer's Agent

Maricruz Ambrocio

West Shores Realty, Inc. License #01968410

West Shores Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,255

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 40x130
  • Fenced
  • Rectangular Lot
  • Front Yard Sprinklers
  • Property is zoned LAR3

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Combination Foundation
  • Shingle Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Laundry Room

Kitchen

  • Range Hood
  • Stone Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 6030-016-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,255

Year Built

Built in 1950 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Advertising Remarks: Excellent income-generating opportunity with this 2-unit property! This property consists of a 2 bed/1 bath and a 1 bed / 1 bath and features modern wood laminate and plush carpet flooring. Kitchen features quartz countertops, white panel cabinets, and accent fixtures and hardware. Bathrooms have been outfitted with new vanities, tile flooring, and tile surrounds. Both units offer energy efficient dual pane windows to let in plenty of natural light! This property is rounded out by a fresh coat of interior and exterior paint. Live in one and rent the other or rent out both units for some supplemental income! Do not miss out on this opportunity! Vouchers for stove, and dishwasher for front unit ONLY to be issued at close of escrow.
  • Builders Tract Code: Not in a Development
  • Living Area: 1386
  • Lot Dimensions: 40x130
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1950
  • Builders Tract Name: Not in a Development
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Drywall Walls, Recessed Lighting
  • Flooring: Carpet, Laminate
  • Appliances: Range Hood
  • Bedrooms: 3
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Stone Counters
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Vented Exhaust Fan
  • Price Per S Q F T: 375.11
  • Windows: Double Pane Windows

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Combination
  • Construction: Frame and Stucco
  • Patio: Concrete Slab
  • Paved: Yes
  • Pool: No
  • Roof: Concrete, Shingle
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Garage
  • Total Parking: 2

Utilities

  • Heating: Natural Gas, Wall Gas
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Sewer: In Connected and Paid
  • Water: District

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Front, Sprinkler System
  • Assessed Improvement Value: 71400
  • Assessed Land Value: 183600
  • Assessor Parcel Number: 6030-016-030
  • Geocode Override: No
  • Lot Description: Fenced, Front Yard, Lot Shape-Rectangular, Sidewalks
  • Lot Size Area: 5200

Rental Info

  • Number Leased: 0
  • Land Lease Type: Fee
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

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

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 18, 2019
Sold by
Hollyvale Rental Holdings Llc
Bought by
Cabrera Gonzalez Noel and Arteaga Ingrid Soledad
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Maricruz Ambrocio
West Shores Realty, Inc.
List Price
$519,900
Sold Price
$529,000
Premium/Discount to List
$9,100
1.75%
Current Estimated Value
$786,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$257,555
Avg. Annual Appreciation
6.40%
Original Mortgage
$502,550
Outstanding Balance
$439,107
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$347,448

Purchase Details

Closed on
Jul 2, 2018
Sold by
Baker Thomas Charles and Baker Inez
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Aug 23, 2017
Sold by
Baker Julia and Baker Billy R
Bought by
Baker Thomas C

Purchase Details

Closed on
Nov 15, 2015
Sold by
Baker Thomas C and Baker Family Trust
Bought by
Baker Julia and Baker Billy R

Purchase Details

Closed on
Mar 13, 2007
Sold by
Baker Thomas Charles and Baker Inez
Bought by
Baker Thomas C and Baker Inez

Purchase Details

Closed on
Oct 19, 2004
Sold by
Davis Eugene
Bought by
Baker Thomas Charles and Baker Inez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2004
Sold by
Davis Eugene
Bought by
Baker Thomas Charles and Baker Inez
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
Cabrera Gonzalez Noel $529,000 Fidelity National Title
Hollyvale Rental Holdings Llc $371,600 None Available
Baker Thomas C -- None Available
Baker Julia -- None Available
Baker Thomas C -- None Available
Baker Thomas Charles -- Commerce Title Corona
Baker Thomas Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Gonzalez Noel $502,550
Previous Owner Baker Thomas Charles $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2019 05/16/19 Sold $529,000 +1.8% $382 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/07/2019 03/07/19 For Sale $519,900 -- $375 / 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 $7,255 $590,104 $501,981 $88,123
2024 $7,255 $578,535 $492,139 $86,396
2023 $7,117 $567,192 $482,490 $84,702
2022 $6,790 $556,072 $473,030 $83,042
2021 $6,705 $545,169 $463,755 $81,414
2020 $6,770 $539,580 $459,000 $80,580
2019 $4,663 $372,000 $270,000 $102,000
2018 $4,767 $380,000 $330,000 $50,000
2016 $3,177 $250,000 $180,000 $70,000
2015 $3,780 $307,574 $130,127 $177,447
2014 $3,802 $301,550 $127,578 $173,972
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-440484

The MLS

APN: 6030-016-030