NOT LISTED FOR SALE

Estimated Value: $788,000 - $1,043,000

2 Beds
2 Baths
1,844 Sq Ft
$501/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $520,000 $282 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,707/month

2 Days on Market

Highlights

  • Fireplace in Bathroom
  • No HOA
  • Floor Furnace
  • Spanish Architecture
  • Ceiling Fan
  • Brick Fence

About This Home

As of November 2018

Amazing opportunity to own this Spanish Style Duplex, large lot. Only a short drive to LAX, beaches, the future Rams/Charger Stadium, The Forum and Hollywood Park Casino. Units have tons of potential. Long Gated Driveway plus 2 car Garage. Excellent investment opportunity. PRICED TO SELL.

Last Agent to Sell the Property

Laurence James

Nu Real Estate Solutions License #01122096 Listed on: 10/23/2018

Last Buyer's Agent

Laurence James

Nu Real Estate Solutions License #01122096 Listed on: 10/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,232

Year Built

  • Built in 1928

Lot Details

  • 6,701 Sq Ft Lot
  • No Common Walls
  • Brick Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Spanish Architecture
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 1,844 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Carpet
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Floor Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 3 / 5
  • Tax Tract Number 5107
  • Assessor Parcel Number 6017005003

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,800
  • Net Operating Income $2,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,232

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 6017005003
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room
  • Price Per Square Foot: 282.00
  • Room Type: Kitchen, Living Room

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fence: Yes
  • Fencing: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6701.00
  • Lot Size Acres: 0.1538

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 2800.00
  • Lot Size Area: 6701.0000 Square Feet
  • Net Operating Income: 2600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: Yes

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2379.00
  • Tax Lot: 3
  • Tax Tract Number: 5107

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 1, 2018
Sold by
Holmes Craig and The Harrison S May Living Trus
Bought by
Cyprus Kip C and Cyprus Amy L
Seller's Agent
Laurence James
Nu Real Estate Solutions
Buyer's Agent
Laurence James
Nu Real Estate Solutions
List Price
$535,000
Sold Price
$520,000
Premium/Discount to List
-$15,000
-2.8%
Current Estimated Value
$909,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,102
Avg. Annual Appreciation
8.90%
Original Mortgage
$513,000
Interest Rate
4.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 20, 2016
Sold by
May Harrison S
Bought by
The Harrison S May Living Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Cyprus Kip C $520,000 Lawyers Title Company
The Harrison S May Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cyprus Kip C $120,000
Open Cyprus Kip C $504,000
Closed Cyprus Kip C $513,000
Closed Cyprus Kip C $513,000
Previous Owner May Harrison S $544,185
Previous Owner May Harrison S $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2018 11/16/18 Sold $520,000 -2.8% $282 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $535,000 -- $290 / 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 $8,232 $665,370 $356,964 $308,406
2024 $8,232 $652,324 $349,965 $302,359
2023 $8,081 $639,534 $343,103 $296,431
2022 $7,716 $626,995 $336,376 $290,619
2021 $7,610 $614,702 $329,781 $284,921
2019 $6,454 $520,440 $320,000 $200,440
2018 $4,958 $393,140 $265,200 $127,940
2017 $2 $385,000 $260,000 $125,000
2016 $964 $68,257 $32,957 $35,300
2015 $952 $67,232 $32,462 $34,770
2014 $971 $65,916 $31,827 $34,089
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18257578

California Regional Multiple Listing Service (CRMLS)

APN: 6017-005-003