NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,112,237

6 Beds
2 Baths
2,122 Sq Ft
$476/Sq Ft Est. Value

Last Sold February 02, 2021

Last sale price $830,000 $391 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $6,236/month

59 Days on Market

Highlights

  • No HOA
  • Park
  • Bike Trail
  • Lincoln High School Rated A-
  • Laundry Room

About This Home

As of February 2021

HUGE REDUCTION!! Now in the time! Duplex, great income property in the heart of Lincoln Heights, close to DTLA , Chinatown, Dodgers stadium, major highways such as Golden State, San Bernardino, Pomona and Hollywood freeway; great access to public transportation, walking distance to park. The front building is a house with 3 bedrooms and one bath, the back building has 3 bedrooms and one bath as well. Large patio/parking in between both units. This property is perfect for any investor or owner to live in one unit and rent out the other for income, or for 2 families to live in. Have your own delicious home fruit trees (avocado, guava).

Last Agent to Sell the Property

Victor Torres

VT REALTY & FINANCIAL SERVICES License #01468993 Listed on: 10/05/2020

Last Buyer's Agent

Channy Chor

JohnHart Real Estate License #02016701

JohnHart Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 7,450 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 2,122 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 9
  • Assessor Parcel Number 5204010018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

7,450 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5204010018
  • Year Built: 1980
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 391.14

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Park, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7450.00
  • Lot Size Acres: 0.1710

Multi Family

  • Lot Size Area: 7450.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 1998.00
  • Tax Lot: 14
  • Tax Tract Number: BK 9 P

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 12, 2005
Sold by
Romero Juana Gabriela
Bought by
Romero Melisio
Current Estimated Value
$1,009,059

Purchase Details

Closed on
Nov 9, 2004
Sold by
Luho Inc
Bought by
Romero Melisio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2004
Sold by
Stephens Wendell O and Stephens Maria
Bought by
Alonso Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
3.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Flores Elvira M and Elvira M Flores Declaration Of
Bought by
Stephens Wendell O and Stephens Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.75%

Purchase Details

Closed on
Jan 23, 1998
Sold by
Flores Elvira M
Bought by
Flores Elvira M and Elvira M Flores Declaration Of
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
Romero Melisio -- Southland Title
Romero Melisio $500,000 Southland Title
Luho Inc -- Southland Title
Alonso Jose Luis $305,000 Fidelity Long Beach
Alonso Jose Luis -- Fidelity Long Beach
Stephens Wendell O $180,000 Fidelity
Flores Elvira M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Melisio $384,000
Previous Owner Alonso Jose Luis $213,500
Previous Owner Stephens Wendell O $144,000
Closed Romero Melisio $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Sold $830,000 -5.7% $391 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
11/17/2020 11/17/20 Price Changed $879,900 -4.9% $415 / Sq Ft
10/05/2020 10/05/20 For Sale $925,000 -- $436 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,130 $898,417 $573,688 $324,729
2024 $10,969 $880,802 $562,440 $318,362
2023 $10,759 $863,532 $551,412 $312,120
2022 $10,263 $846,600 $540,600 $306,000
2021 $7,561 $618,110 $360,566 $257,544
2020 $7,634 $612,133 $356,869 $255,264
2019 $7,336 $600,138 $349,872 $250,266
2018 $7,233 $588,378 $343,012 $245,366
2016 $6,901 $565,187 $329,694 $235,493
2015 $6,232 $509,000 $296,800 $212,200
2014 $5,688 $452,000 $263,600 $188,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20209193

California Regional Multiple Listing Service (CRMLS)

APN: 5204-010-018

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