NOT LISTED FOR SALE

2117 Mortimer St Huntington Park, CA 90255

Estimated Value: $680,129 - $732,000

2 Beds
2 Baths
1,445 Sq Ft
$489/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $450,000 $311 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,641/month

140 Days on Market

Highlights

  • Laundry Room
  • Linda Esperanza Marquez High School Rated A-
  • 1-Story Property

About This Home

As of March 2018

Nice income property located in Huntington Park close to metro station and walking distance to shops. This is a two in a lot front unit has 2 bedrooms 1 bath and back unit is a single. This property was upgraded in 2010 and is in good condition and is still very well maintained, hardwood floors throughout, crown molding, wood kitchen cabinets with corian counter tops in kitchen and baths.

Last Agent to Sell the Property

Rene Alarcon

Big Block Powerhouse Realty License #01273910 Listed on: 10/03/2017

Last Buyer's Agent

Rene Alarcon

Big Block Powerhouse Realty License #01273910 Listed on: 10/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,862

Year Built

  • Built in 1959

Lot Details

  • 4,686 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • Land Lease

Parking

  • 2 Car Garage

Interior Spaces

  • 1,445 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 5331
  • Assessor Parcel Number 6321027005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $750
  • Water Sewer Expense $1,320
  • New Taxes Expense $4,025
  • Operating Expense $6,095
  • Gross Income $25,200
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,862

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Inclusions: All fixtures
  • Property Attached: No
  • Water Sewer Expenses: 1320.00
  • Zoning: HPR3YY
  • Property Type: Residential Income
  • Parcel Number: 6321027005
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 311.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4686.00

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 750.00
  • Net Operating Income: 25200.00
  • 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: 2400.00
  • Rent Control: No
  • Total Expenses: 6095.00

Tax Info

  • New Taxes Expense: 4025.00
  • Tax Census Tract: 5331.03
  • Tax Lot: 18
  • Tax Tract Number: 5331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2017
Closed on
Feb 21, 2018
Sold by
Padilla Raul
Bought by
Dominguez Ruby
Seller's Agent
Rene Alarcon
Big Block Powerhouse Realty
Buyer's Agent
Rene Alarcon
Big Block Powerhouse Realty
List Price
$540,000
Sold Price
$450,000
Premium/Discount to List
-$90,000
-16.67%
Current Estimated Value
$727,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,982
Avg. Annual Appreciation
6.28%
Original Mortgage
$337,500
Outstanding Balance
$289,431
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$416,601

Purchase Details

Closed on
May 27, 2011
Sold by
Padilla Raul and Dalton Douglas
Bought by
Padilla Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2011
Sold by
Padilla Elizabeth M
Bought by
Padilla Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2010
Sold by
Bank Of America National Association
Bought by
Padilla Raul and Dalton Douglas

Purchase Details

Closed on
Mar 11, 2010
Sold by
Zendejas Salvador R
Bought by
Bank Of America National Association

Purchase Details

Closed on
Aug 17, 2006
Sold by
Valadez Ana
Bought by
Zendejas Salvador R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 26, 2006
Sold by
Maravilla Maria G
Bought by
Zendejas Salvador R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.76%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 28, 2005
Sold by
Maravilla Victor and Maravilla Maria Gloria
Bought by
Maravilla Maria G
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
Dominguez Ruby $450,000 Lawyers Title Company
Padilla Raul -- None Available
Dalton Douglas -- None Available
Padilla Raul -- --
Dalton Bart -- --
Padilla Raul $205,000 Lawyers Title
Bank Of America National Association $260,000 Accommodation
Zendejas Salvador R -- Lawyers Title Company
Zendejas Salvador R $600,000 Lawyers Title Company
Maravilla Maria G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Ruby $337,500
Previous Owner Dalton Bart $185,500
Previous Owner Zendejas Salvador R $150,000
Previous Owner Zendejas Salvador R $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2018 03/27/18 Sold $450,000 -6.2% $311 / Sq Ft
02/20/2018 02/20/18 Pending -- -- --
11/28/2017 11/28/17 Price Changed $479,900 -11.1% $332 / Sq Ft
10/03/2017 10/03/17 For Sale $540,000 -- $374 / 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 $7,862 $512,018 $341,347 $170,671
2024 $7,862 $501,979 $334,654 $167,325
2023 $7,719 $492,138 $328,093 $164,045
2022 $7,380 $482,489 $321,660 $160,829
2021 $7,280 $473,029 $315,353 $157,676
2020 $7,311 $468,180 $312,120 $156,060
2019 $7,189 $459,000 $306,000 $153,000
2018 $4,223 $257,102 $144,509 $112,593
2016 $4,025 $247,121 $138,899 $108,222
2015 $3,957 $243,410 $136,813 $106,597
2014 $3,947 $238,643 $134,134 $104,509
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17229685

California Regional Multiple Listing Service (CRMLS)

APN: 6321-027-005