NOT LISTED FOR SALE

Estimated Value: $681,000 - $781,229

5 Beds
4 Baths
1,640 Sq Ft
$453/Sq Ft Est. Value

Last Sold June 12, 2019

Last sale price $525,000 $320 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,452/month

3 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Wall Furnace
  • No HOA
  • Level Lot
  • 1-Story Property

About This Home

As of June 2019

Great starter home or investment property. Live in one and rent the other. Front unit has 3 bedrooms/2 bath and back unit has 2 bedrooms and 2 bathrooms. There is plenty of parking. Property is located close to freeways and within minutes to the new football stadium that is being built.

Last Agent to Sell the Property

Annie Rosano

KAM Financial Realty License #01066463 Listed on: 02/02/2019

Co-Listed By

Joshua Wilson

Real Broker License #02056653

Last Buyer's Agent

nubia guerrero

Realty One Group West License #01374502

Realty One Group West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 5,572 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Lawn
  • Front Yard

Home Design

  • Duplex

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Parking Available
  • Driveway

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Private Water Source

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 6083027013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $6,437
  • Operating Expense $8,838
  • Gross Income $28,212
  • Net Operating Income $25,812

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

5,572 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6083027013
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 320.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Other
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Level with Street
  • Lot Size Sq Ft: 5572.00
  • Lot Size Acres: 0.1279

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Gas

Multi Family

  • Average2 Bed Area: 720 Square Feet
  • Average3 Bed Area: 920 Square Feet
  • Gross Income: 28212.00
  • Gross Scheduled Income: 28212.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5572.0000 Square Feet
  • Net Operating Income: 25812.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes
  • Total Actual Rent: 2351.00
  • Total Expenses: 8838.00

Tax Info

  • New Taxes Expense: 6437.00
  • Tax Census Tract: 2414.00
  • Tax Lot: 1
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2019
Closed on
May 20, 2019
Sold by
Vargas Gustavo
Bought by
Olivares Adela Mariaa
Seller's Agent
Annie Rosano
KAM Financial Realty
Buyer's Agent
nubia guerrero
Realty One Group West
List Price
$515,000
Sold Price
$525,000
Premium/Discount to List
$10,000
1.94%
Current Estimated Value
$742,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,557
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Feb 19, 2019
Sold by
Cube Emma Lyn and Cube Roy
Bought by
Olivares Walter Adolfo Vargas and Arce Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,490
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 10, 2017
Closed on
Oct 25, 2017
Sold by
Estrada Victor O and Estrada Avelina L
Bought by
Cube Emma Lyn and Cube Roy
Seller's Agent
Juanita Tiu
Power Brokers
Buyer's Agent
LATISA MCBRIDE
List Price
$388,888
Sold Price
$375,000
Premium/Discount to List
-$13,888
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$281,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2014
Sold by
Estrada Avelina L and Estrada Victor O
Bought by
The Victor O Estrada & Avelina L Estrada

Purchase Details

Closed on
Oct 31, 2012
Sold by
Estrada Victor O and Estrada Avelina L
Bought by
Estrada Avelina L and Estrada Victor O

Purchase Details

Closed on
Aug 25, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Estrada Victor O and Estrada Avelina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2010
Sold by
Salgado Guadalupe and Salgado Victoria
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Nov 28, 2006
Sold by
Sterling Investment Funding Llc
Bought by
Salgado Guadalupe and Salgado Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
7.39%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 16, 2005
Sold by
Barner Connie and Wynder Dorothy J
Bought by
Sterling Investment Funding Llc

Purchase Details

Closed on
Feb 24, 1998
Sold by
Cuevas Gilbert
Bought by
Wynder Dorothy J and Barner Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,311
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1997
Sold by
Bankers Trust Company
Bought by
Cuevas Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,200
Interest Rate
7.91%

Purchase Details

Closed on
Mar 18, 1997
Sold by
Scoggins John D and Quality Mtg Inc
Bought by
Bankers Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olivares Adela Mariaa -- Lawyers Title Company
Olivares Walter Adolfo Vargas $525,000 Lawyers Title Company
Cube Emma Lyn $375,000 Equity Title Los Angeles
The Victor O Estrada & Avelina L Estrada -- None Available
Estrada Avelina L -- Old Republic Title Company
Estrada Victor O $230,000 Lsi Title Company
Deutsche Bank National Trust Company $497,065 Accommodation
Salgado Guadalupe $550,000 Fidelity National Title Co
Sterling Investment Funding Llc $273,000 Fidelity National Title Co
Wynder Dorothy J $122,000 First American Title Co
Cuevas Gilbert $56,500 First Southwestern Title Co
Bankers Trust Company $81,480 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olivares Walter Adolfo Vargas $515,490
Previous Owner Cube Emma Lyn $281,250
Previous Owner Estrada Victor O $168,750
Previous Owner Salgado Guadalupe $440,000
Previous Owner Wynder Dorothy J $121,311
Previous Owner Cuevas Gilbert $56,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2019 06/12/19 Sold $525,000 +1.9% $320 / Sq Ft
02/05/2019 02/05/19 Pending -- -- --
02/02/2019 02/02/19 For Sale $515,000 +37.3% $314 / Sq Ft
12/19/2017 12/19/17 Sold $375,000 -3.6% $400 / Sq Ft View Prior Sale
10/31/2017 10/31/17 Pending -- -- --
10/10/2017 10/10/17 For Sale $388,888 -- $415 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,523 $585,643 $334,654 $250,989
2024 $7,523 $574,161 $328,093 $246,068
2023 $7,382 $562,904 $321,660 $241,244
2022 $7,053 $551,867 $315,353 $236,514
2021 $6,964 $541,047 $309,170 $231,877
2020 $7,028 $535,500 $306,000 $229,500
2019 $5,088 $382,500 $306,000 $76,500
2018 $4,987 $375,000 $300,000 $75,000
2017 $3,521 $253,895 $143,506 $110,389
2016 $3,428 $248,918 $140,693 $108,225
2015 $3,378 $245,180 $138,580 $106,600
2014 $3,394 $240,378 $135,866 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19025073

California Regional Multiple Listing Service (CRMLS)

APN: 6083-027-013

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