NOT LISTED FOR SALE

Estimated Value: $612,000 - $906,000

5 Beds
3 Baths
1,527 Sq Ft
$481/Sq Ft Est. Value

Last Sold June 24, 2024

Last sale price $870,000 $570 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,101/month

11 Days on Market

Highlights

  • Newly Remodeled
  • End Unit
  • No HOA
  • Open Floorplan
  • Private Yard
  • Cooling Available

About This Home

As of June 2024

Looking for a comfortable home that comes with excellent investment potential? This single-story duplex in LA’s Florence neighborhood might just check off the boxes on your list! Both units are beautifully finished and ready to enjoy from day one -choose to put both up for rent or live in one while leasing the other to offset your mortgage costs, making homeownership more accessible. From the street, a lush, gated front lawn borders the pathway leading to the large, covered porch - an ideal spot to unwind and marvel at the vibrant community while getting acquainted with passing neighbors. Venture inside the bright main residence showcasing neutral tones, high ceilings, and chic wood-style flooring. A striking brick fireplace warms the living and dining areas while the inviting modern kitchen features custom shaker-style cabinetry and gleaming quartz countertops extending to the bar seating. Three serene bedrooms await after a long day, replete with ceiling fans and mirrored closets. A convenient ensuite with a shower/tub combo caters to the primary suite while a refreshing shared bath is available for the other rooms. Entry at the back ensures privacy for the second haven, featuring two well-sized bedrooms, an exquisitely tiled bath, and a common area with counter dining open to the kitchen. Outside, the backyard offers a generous venue for social gatherings, enclosed by timber fencing for seclusion. You can choose to add a recreational structure, an organic garden, or an ADU among other endless possibilities. Plus, there’s a lengthened driveway for parking. Living here means easy access to South Figueroa Corridor’s abundant shopping, dining, and entertainment options. Come for a tour before it passes you by!

Last Agent to Sell the Property

Emmanuel Padilla

eXp Realty of California Inc. Brokerage Phone: 562-587-6138 License #01344769 Listed on: 05/24/2024

eXp Realty of California Inc.

Last Buyer's Agent

IAN VILLALBA

COLDWELL BANKER REALTY License #01849506

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,085

Year Built

  • Built in 1910 | Newly Remodeled

Lot Details

  • 5,400 Sq Ft Lot
  • End Unit
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Private Yard
  • Back Yard
  • Density is up to 1 Unit/Acre
  • On-Hand Building Permits

Home Design

  • Duplex
  • Entry on the 1st floor
  • Turnkey
  • Additions or Alterations
  • Raised Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,527 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Decorative Fireplace
  • Laminate Flooring
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 2
  • Assessor Parcel Number 6005014019
  • $253 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,085

Year Built

Built in 1910 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: No
  • Zoning: LAR2
  • New Construction: Yes
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6005014019
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Decorative
  • Levels: One
  • Price Per Square Foot: 569.74
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave
  • Heating Type: Electric, Wall Furnace
  • Laundry Features: Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Yard
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240
  • Latitude Manual: 33.98539500

Multi Family

  • Gross Scheduled Income: 83604.00
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2392.01
  • Tax Lot: 19
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 253.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jun 17, 2024
Sold by
Audubon Properties Llc
Bought by
Lorenzo Griselda and Lorenzo Jose
Seller's Agent
Emmanuel Padilla
eXp Realty of California Inc.
Buyer's Agent
IAN VILLALBA
COLDWELL BANKER REALTY
List Price
$814,999
Sold Price
$870,000
Premium/Discount to List
$55,001
6.75%
Views
59
Current Estimated Value
$734,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$135,567
Avg. Annual Appreciation
-11.87%
Original Mortgage
$854,191
Outstanding Balance
$843,436
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
-$109,003

Purchase Details

Listed on
Aug 9, 2023
Closed on
Jan 8, 2024
Sold by
Juventina Guerra Living Trust
Bought by
Audubon Properties Llc
Seller's Agent
Marco Otero
Century 21 A Better Service
Buyer's Agent
Emmanuel Padilla
eXp Realty of California Inc.
List Price
$450,000
Sold Price
$475,000
Premium/Discount to List
$25,000
5.56%
Views
253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
651.77%
Original Mortgage
$476,200
Interest Rate
6.6%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 9, 2023
Sold by
Solis Leticia
Bought by
Juventina Guerra Living Trust and Solis

Purchase Details

Closed on
Mar 30, 2022
Sold by
Juventina Guerra Living Trust
Bought by
Guerra Mario

Purchase Details

Closed on
May 24, 2016
Sold by
Guerra Juventina
Bought by
The Juventina Guerra Revocable Living Tr
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
Lorenzo Griselda $870,000 Provident Title Company
Audubon Properties Llc $475,000 Provident Title Company
Juventina Guerra Living Trust -- Provident Title Company
Juventina Guerra Living Trust -- Provident Title Company
Guerra Mario -- None Listed On Document
Solis Leticia -- None Listed On Document
The Juventina Guerra Revocable Living Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lorenzo Griselda $854,191
Previous Owner Audubon Properties Llc $476,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2024 06/24/24 Sold $870,000 +6.7% $570 / Sq Ft
06/04/2024 06/04/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $814,999 +71.6% $534 / Sq Ft
03/07/2024 03/07/24 Sold $475,000 +5.6% $457 / Sq Ft View Prior Sale
02/13/2024 02/13/24 Price Changed $450,000 0.0% $433 / Sq Ft
01/03/2024 01/03/24 Pending -- -- --
11/13/2023 11/13/23 For Sale $450,000 0.0% $433 / Sq Ft
10/25/2023 10/25/23 Price Changed $450,000 0.0% $433 / Sq Ft
10/25/2023 10/25/23 For Sale $450,000 -10.0% $433 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $500,000 -- $481 / 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 $3,085 $887,400 $632,400 $255,000
2024 $3,085 $236,079 $186,689 $49,390
2023 $3,029 $231,451 $183,029 $48,422
2022 $2,432 $187,433 $151,623 $35,810
2021 $2,399 $183,758 $148,650 $35,108
2019 $2,331 $178,310 $144,242 $34,068
2018 $2,272 $174,814 $141,414 $33,400
2016 $2,164 $168,028 $135,924 $32,104
2015 $2,134 $165,505 $133,883 $31,622
2014 $2,150 $162,264 $131,261 $31,003
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24105955

California Regional Multiple Listing Service (CRMLS)

APN: 6005-014-019