NOT LISTED FOR SALE

214 N Mcdonnell Ave Los Angeles, CA 90022

Estimated Value: $569,000 - $942,166

4 Beds
2 Baths
1,789 Sq Ft
$438/Sq Ft Est. Value

Last Sold January 15, 2014

Last sale price $253,000 $141 Per Sq Ft

Est. 208% increase in value since last sale

Current estimated payment $4,669/month

2 Days on Market

About This Home

As of January 2014

Great opportunity for investors : Two separate Houses that need a lot of TLC; Owner will not vacate but consider offering a concession in
lieu of a vacating property. Please call for more details

Interior inspection by appointment only . Please do not disturb Tenants.

Last Agent to Sell the Property

ROBERT VILLANUEVA

SECURITY REAL ESTATE CO. License #00829535 Listed on: 10/27/2013

Last Buyer's Agent

ROBERT VILLANUEVA

SECURITY REAL ESTATE CO. License #00829535 Listed on: 10/27/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,025

Year Built

  • Built in 1928

Lot Details

  • 6,874 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,789 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Pre-Cast Concrete Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 3
  • Tax Tract Number 3989
  • Assessor Parcel Number 5235022003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $500
  • New Taxes Expense $4,000
  • Gross Income $1,750
  • Net Operating Income $1,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,025

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 323/6978-9789
  • Other Phone Number: 323/721-6765
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Property Type: Residential Income
  • Parcel Number: 5235022003
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 141.42

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6874.00
  • Lot Size Acres: 0.1580

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 1750.00
  • Gross Scheduled Income: 1750.00
  • Insurance Expense: 500.00
  • Lot Size Area: 6874.0000 Square Feet
  • Net Operating Income: 1375.00
  • 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: 375.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Lot: 3
  • Tax Tract Number: 3989
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2013
Closed on
Dec 27, 2013
Sold by
Revocab Murillo Miguel C and Revocab Librada C Murillo 1998
Bought by
I M Morgan Llc
Seller's Agent
ROBERT VILLANUEVA
SECURITY REAL ESTATE CO.
Buyer's Agent
ROBERT VILLANUEVA
SECURITY REAL ESTATE CO.
List Price
$315,000
Sold Price
$253,000
Premium/Discount to List
-$62,000
-19.68%
Current Estimated Value
$779,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$526,985
Avg. Annual Appreciation
11.05%

Purchase Details

Closed on
Feb 2, 2012
Sold by
Revocab Murillo Miguel C and Revocab Librada C Murillo 1998
Bought by
Murillo Miguel C

Purchase Details

Closed on
Jan 30, 2012
Sold by
Acosta Mary G
Bought by
Acosta Flavio S

Purchase Details

Closed on
Jan 27, 2012
Sold by
Murillo Miguel C
Bought by
Acosta Flavio S and Acosta Ana L

Purchase Details

Closed on
Aug 3, 2001
Sold by
Murillo Librada
Bought by
Murillo Miguel C

Purchase Details

Closed on
Feb 23, 1998
Sold by
Murrillo Librada
Bought by
Murillo Librada C and The Librada C Murillo 1998 Rev
Source: Public Records

Range of Values:

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Average Value
Not Available
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
I M Morgan Llc $253,000 Chicago Title Company
Murillo Miguel C -- Lawyers Title Company
Murillo Miguel C -- Lawyers Title Company
Acosta Flavio S -- Lawyers Title Company
Acosta Flavio S $175,000 Lawyers Title Company
Murillo Miguel C -- --
Murillo Librada C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2014 01/15/14 Sold $253,000 -19.7% $141 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
10/27/2013 10/27/13 For Sale $315,000 -- $176 / 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 $5,025 $310,129 $245,166 $64,963
2024 $5,025 $304,049 $240,359 $63,690
2023 $4,779 $298,089 $235,647 $62,442
2022 $4,583 $292,245 $231,027 $61,218
2021 $4,524 $286,516 $226,498 $60,018
2020 $4,550 $283,579 $224,176 $59,403
2019 $4,401 $278,020 $219,781 $58,239
2018 $4,238 $272,570 $215,472 $57,098
2016 $4,053 $261,988 $207,106 $54,882
2015 $3,996 $258,054 $203,996 $54,058
2014 -- $216,909 $132,556 $84,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB13218724

California Regional Multiple Listing Service (CRMLS)

APN: 5235-022-003