NOT LISTED FOR SALE

Estimated Value: $751,000 - $871,694

5 Beds
2 Baths
1,816 Sq Ft
$441/Sq Ft Est. Value

Last Sold March 04, 2021

Last sale price $625,000 $344 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,882/month

38 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Wall Furnace
  • Laundry Room
  • Block Wall Fence

About This Home

As of March 2021

* * * LOCATION * * * LOCATION * * * LOCATION * * * Come on by, This home WILL NOT LAST !!! LIVE IN ONE RENT THE OTHER!!! , This is a multi-family home located in the City of Los Angeles. This Duplex consist in a 2 Bedroom 1 bath and back unit 2 is 3 bedroom 1 bath, sits on a 5,353 Sq. Ft. lot. Bathrooms has been remodeled in each of the units. Zoning LAR3 great potential. Home is centrally located near schools, shops, restaurants, parks. recreational centers, grocery stores and easy access to 110 freeway

Last Agent to Sell the Property

Maria Leon

Excellence RE Real Estate License #01447706 Listed on: 12/11/2020

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 5,353 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,816 Sq Ft Home
  • Duplex
  • Shingle Roof

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 105
  • Assessor Parcel Number 6006003006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $1,100
  • Trash Expense $144
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,300
  • Operating Expense $6,844
  • Gross Income $40,800
  • Net Operating Income $33,856

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6006003006
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 344.16

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 144.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5353.00
  • Lot Size Acres: 0.1229

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 5353.0000 Square Feet
  • Net Operating Income: 33856.00
  • 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: 6944.00
  • Rent Control: Yes
  • Total Expenses: 6844.00

Tax Info

  • New Taxes Expense: 3300.00
  • Tax Census Tract: 2392.02
  • Tax Lot: 105

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2013
Sold by
Ceron Fernando and Mayorga Fernando Ceron
Bought by
Mayorga Fernando Ceron
Current Estimated Value
$800,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,100
Outstanding Balance
$100,753
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$699,421

Purchase Details

Closed on
Jul 15, 1999
Sold by
T & T Home For Boys Inc
Bought by
Ceron Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 1999
Sold by
Hud
Bought by
T & T Home For Boys Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,050
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 1998
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Mar 30, 1998
Sold by
Sanchez Contreras Hector
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Dec 9, 1993
Sold by
Centeno Delia M
Bought by
Sanchez Contreras Hector and Sanchez Contreras Gustavo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mayorga Fernando Ceron -- Service Link
Ceron Fernando $185,000 Provident Title
T & T Home For Boys Inc $89,500 Provident Title
Hud -- Orange Coast Title
Countrywide Home Loans Inc $176,659 Orange Coast Title
Sanchez Contreras Hector -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mayorga Fernando Ceron $144,100
Previous Owner Ceron Fernando $183,487
Previous Owner T & T Home For Boys Inc $143,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2021 03/04/21 Sold $625,000 -2.2% $344 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
01/16/2021 01/16/21 Price Changed $639,000 0.0% $352 / Sq Ft
01/16/2021 01/16/21 For Sale $639,000 +3.1% $352 / Sq Ft
12/21/2020 12/21/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $620,000 -- $341 / 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 $8,420 $676,520 $541,216 $135,304
2024 $8,301 $663,255 $530,604 $132,651
2023 $8,143 $650,250 $520,200 $130,050
2022 $7,768 $637,500 $510,000 $127,500
2021 $3,328 $262,669 $113,586 $149,083
2020 $3,356 $259,977 $112,422 $147,555
2019 $3,231 $254,880 $110,218 $144,662
2018 $3,139 $249,883 $108,057 $141,826
2016 $2,982 $240,182 $103,862 $136,320
2015 $2,940 $236,575 $102,302 $134,273
2014 $2,960 $231,942 $100,299 $131,643
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20237117

California Regional Multiple Listing Service (CRMLS)

APN: 6006-003-006