NOT LISTED FOR SALE

Estimated Value: $768,000 - $942,000

4 Beds
2 Baths
1,788 Sq Ft
$475/Sq Ft Est. Value

Last Sold July 27, 2021

Last sale price $725,000 $405 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,476/month

8 Days on Market

Highlights

  • Laundry Room
  • Carpet
  • Back Yard
  • Central Heating and Cooling System

About This Home

As of July 2021

If you're looking for a reliable income-producing duplex, look no further! Located 2 miles from the new SoFi Stadium, the home of the Los Angeles Rams and Chargers NFL football teams and less than 3 miles from the recently renovated Forum. This property is convenient to the 405, 110 and 105 freeways, public transportation, entertainment, schools, parks, shopping and dining. Both units are 2 bedrooms and 1 bathroom & both units are currently rented. The units have central air and heating, upgraded kitchen countertops & dual pane energy efficient windows. One of the units has ceiling fans throughout. The backyard is spacious and excellent for entertaining guests. Property features a detached garage with a one-car parking space for each unit. This opportunity wont last long, see you in escrow!

Last Agent to Sell the Property

Terrance McMillan

BERKSHIRE HATHAWAY HOMESERVICE License #02007031 Listed on: 06/21/2021

BERKSHIRE HATHAWAY HOMESERVICE

Co-Listed By

Terrance Mcmilan

BERKSHIRE HATHAWAY CA PROP License #01776489

Last Buyer's Agent

Peter Bledsoe

Realty Executives Westside License #00814749

Realty Executives Westside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,177

Year Built

  • Built in 1947

Lot Details

  • 6,001 Sq Ft Lot
  • 1 Common Wall
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,788 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Laundry Room
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 73
  • Tax Tract Number 13545
  • Assessor Parcel Number 6058013025

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $840
  • Water Sewer Expense $2,340
  • Gross Income $33,600
  • Net Operating Income $30,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,177

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 2340.00
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 6058013025
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Price Per Square Foot: 405.48

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size Sq Ft: 6001.00
  • Lot Size Acres: 0.1378

Multi Family

  • Gross Income: 33600.00
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 6001.0000 Square Feet
  • Net Operating Income: 30420.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3180.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 6004.00
  • Tax Lot: 73
  • Tax Tract Number: 13545

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Joyner Tiffany K
Bought by
Joyner Tiffany K and Tiffanys Treasures Living Trus
Current Estimated Value
$849,340

Purchase Details

Listed on
Jun 21, 2021
Closed on
Jul 8, 2021
Sold by
Toussaint Alex and Toussaint Anjel
Bought by
Joyner Tiffany K
Seller's Agent
Terrance McMillan
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Peter Bledsoe
Realty Executives Westside
List Price
$700,000
Sold Price
$725,000
Premium/Discount to List
$25,000
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
2.89%
Original Mortgage
$580,000
Outstanding Balance
$529,000
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$285,422

Purchase Details

Closed on
Apr 7, 2003
Sold by
Junior Raymond H and Junior Hodge
Bought by
Toussaint Alex and Toussaint Anjel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 1995
Sold by
Lee George E and Lee Dianne K
Bought by
Junior Raymond H and Junior Hodge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.63%

Purchase Details

Closed on
Nov 17, 1993
Sold by
Lee George E
Bought by
Lee George E and Lee Dianne K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.74%
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
Joyner Tiffany K -- None Available
Joyner Tiffany K $725,000 First American Title Company
Toussaint Alex $250,000 Fidelity
Junior Raymond H $160,000 Commonwealth Title
Lee George E -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyner Tiffany K $580,000
Previous Owner Toussaint Alex $371,000
Previous Owner Toussaint Alex $280,000
Previous Owner Toussaint Alex $225,000
Previous Owner Junior Raymond H $128,000
Previous Owner Lee George E $123,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2021 07/27/21 Sold $725,000 +3.6% $405 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $700,000 -- $391 / 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 $10,177 $769,375 $636,724 $132,651
2024 $10,177 $754,290 $624,240 $130,050
2023 $9,837 $739,500 $612,000 $127,500
2022 $9,378 $725,000 $600,000 $125,000
2021 $4,830 $334,491 $234,147 $100,344
2020 $4,861 $331,063 $231,747 $99,316
2019 $4,691 $324,572 $227,203 $97,369
2018 $4,606 $318,209 $222,749 $95,460
2016 $4,412 $305,854 $214,100 $91,754
2015 $4,347 $301,261 $210,885 $90,376
2014 $4,351 $295,361 $206,755 $88,606
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21129275

California Regional Multiple Listing Service (CRMLS)

APN: 6058-013-025