$830,000
SOLD JUN 17, 2016
8 Beds
4 Baths
2,300 Sq Ft
5,001 Sq Ft Lot

Recently Sold

$361 Per Sq Ft

2% Below List Price

23 Days on Market

About This Home

As of June 2016

Beautiful recently built duplex in the historical West Adams district. This lovely duplex was built in 2008 and is located on a nice quiet street with history and character.Each unit has 4 bedrooms and 2 baths. Both units have granite counters in kitchens and baths. This property is gated and has a huge driveway for multiple car parking.This property is not under rent control making it a great investment opportunity in a great neighborhood. Live in one and rent out the other. Both units are tenant occupied but can be delivered vacant at close of escrow.

Last Agent to Sell the Property

Lee Harrington

Diamond View Realty License #01249665 Listed on: 05/10/2016

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,958

Year Built

  • Built in 2008

Home Design

  • Duplex

Interior Spaces

  • 2,300 Sq Ft Home
  • 2-Story Property
  • Built-In Features

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Driveway

Additional Features

  • 5,001 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5060-019-024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,958

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2300
  • Probate: No
  • Stories: 2
  • Year Built: 2008
  • Number Of Photos: 16
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 369.13

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 261275
  • Assessed Land Value: 209020
  • Assessor Parcel Number: 5060-019-024
  • Geocode Override: No
  • Lot Size Area: 5001

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.50
  • Number Of Units: 2
  • Total Annual Expense: 12000
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Margaret Fine Family Trust and Mctaggart Ninochka
Bought by
Dixon Dedra Sheree
Current Estimated Value
$1,118,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,063,384
Outstanding Balance
$1,050,561
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$38,367

Purchase Details

Closed on
May 26, 2017
Sold by
Fine Margaret V
Bought by
Fine Margaret and Margaret Fine Family Trust

Purchase Details

Listed on
May 10, 2016
Closed on
Jun 13, 2016
Sold by
Peeples Desiree
Bought by
Fine Margaret V
Seller's Agent
Lee Harrington
Diamond View Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$849,000
Sold Price
$830,000
Premium/Discount to List
-$19,000
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%

Purchase Details

Listed on
Jan 2, 2012
Closed on
Mar 28, 2012
Sold by
Moore Kevin
Bought by
Peeples Desiree
Seller's Agent
Anna Moore
Wall Street Realty
Buyer's Agent
Rhonda Adway
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%
Original Mortgage
$438,592
Interest Rate
3.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2011
Sold by
Moore Anna
Bought by
Moore Kevin

Purchase Details

Closed on
Aug 30, 2007
Sold by
Moore Anna M
Bought by
Moore Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,200
Interest Rate
9.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Kim Mi Kyong
Bought by
Lee Kil Hyung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Similar Homes in Los Angeles, CA

  • 5700 Cimarron St, Los Angeles, CA 90062

    $788,550

    • 6 Beds
    • 3 Baths
    • 2,614 Sq Ft
    • 5700 Cimarron St
    • Los Angeles, CA

    This is an excellent opportunity to own a charming triplex in the residential area of Los Angeles. The property consists of two, two bedroom, one bath apartments at 5700-5702 Cimarron and one, two bedroom, one bath detached apartment at 2066 W. 57th Street. The corner unit at 5700 Cimarron is vacant. All units are separately metered for gas and electricity. The property is East of Van Ness

    Ruth Hayles Ruth A. Hayles, Broker

    Section Image
  • 1613 Exposition Blvd, Los Angeles, CA 90018

    $995,000

    • 8 Beds
    • 4 Baths
    • 3,024 Sq Ft
    • 1613 Exposition Blvd
    • Los Angeles, CA

    This prime triplex in the heart of Exposition Park offers investors a rare opportunity to add tremendous value and boost cash flow through the development of three ADUs. With a current 6.74% cap rate and 10.70 GRM, the property already performs well, but post-ADU projections push returns to a 11.11% cap and 7.33 GRM, with an estimated $1 million in added value. Positioned directly across from the

    Kelly Morgan KW Advisors

    Section Image
  • 3836 S Gramercy Place, Los Angeles, CA 90062

    $850,000

    • 6 Beds
    • 6 Baths
    • 3,004 Sq Ft
    • 3836 S Gramercy Place
    • Los Angeles, CA

    3836 S Gramercy Place is a 6 unit apartment complex. The property is subject to rent control and has very low rents. It is located just west of USC on the southeast corner of South Gramercy Place and West 38th Place in a mostly single family residential neighborhood. It consists of six one bedroom units with parking. The property was built in 1923. The Expo/Western metro rail station is less than

    Keith Brennan Brennen Realty

    Section Image
  • 1619 W 38th St, Los Angeles, CA 90062

    $999,999

    • 6 Beds
    • 3 Baths
    • 2 Sq Ft
    • 1619 W 38th St
    • Los Angeles, CA

    Don't miss this unique opportunity to own a spacious duplex with a total of 4 bedrooms, 2 bathrooms, and a bonus room-perfect for extended family living or rental income! The front home is a cozy single-story resident featuring a warm and inviting living room and dining area that leads into a kitchen with ample cabinetry. The home is surrounded by lush mature tress including

    Miguel Soriano Panorama Realty Services

    Section Image
  • 1366 W 37th Place, Los Angeles, CA 90007

    $990,000

    • 10 Beds
    • 6 Baths
    • 3,678 Sq Ft
    • 1366 W 37th Place
    • Los Angeles, CA

    Back on market with 2nd price reduction. 6-unit apartment building located within the USC Patrol Zone. The property is located 2.5 blocks west of the USC Campus and currently has two vacant 1 bedroom bungalow-style units. With an ideal unit mix of four 1 bedroom 1 bath, one 3 bedroom 1 bath, and one 3 bedroom 2 bath units, the asset presents an opportunity for an investor to convert the tenancy

    Darin Spillman Kidder Mathews of California, Inc.

    Section Image
  • 3991 S Harvard Blvd, Los Angeles, CA 90062

    $999,000

    • 9 Beds
    • 4 Baths
    • 5,400 Sq Ft
    • 3991 S Harvard Blvd
    • Los Angeles, CA

    Priced to sell. Nearly 5,400 sq ft across four large units near USC, Exposition Park, and Jefferson Park, listed under $1 million. That's right. Just $185 per sq ft in a neighborhood where comps average over $310. Includes three oversized 2-bedroom 1-bath units at approximately 1,300 sq ft each and one spacious 3-bedroom 1-bath unit around 1,500 sq ft. One unit will be delivered vacant at

    Moe Maithalouni The Homes Network

    Section Image
  • 4246 3rd Ave, Los Angeles, CA 90008

    $850,000

    • 7 Beds
    • 4 Baths
    • 3,447 Sq Ft
    • 4246 3rd Ave
    • Los Angeles, CA

    Well-Maintained 4-Unit Income Property in Leimert Park. A rare opportunity to acquire a charming multi-unit property in the highly sought-after Leimert Park neighborhood. This building features four units with the following configurations: Two (2) One Bedroom/ One Bathroom, One (1) Two Bedroom / One Bathroom, and One (1) Three Bedroom / One Bathroom unit. The property is under rent control, fully

    Dionya Jackson Equity Union

    Section Image
  • 1217 W 39th St, Los Angeles, CA 90037

    $780,000

    • 7 Beds
    • 4 Baths
    • 2,369 Sq Ft
    • 1217 W 39th St
    • Los Angeles, CA

    Great investment opportunity in a prime Los Angeles location! This multifamily property features three units across two buildings, offering 2,369 sq. ft. of living space on a 5,271 sq. ft. lot. Located near **USC, the LA Memorial Coliseum, BMO Stadium, and close to the soon to be Lucas Museum of Narrative Art**, this property is perfect for someone looking for rental income. Easy access to

    Edith Villa Century 21 Realty Masters

    Section Image
  • 1324 S Westlake Ave, Los Angeles, CA 90006

    $1,000,000

    • 8 Beds
    • 5 Baths
    • 4,232 Sq Ft
    • 1324 S Westlake Ave
    • Los Angeles, CA

    Discover an exceptional business opportunity in a prime Los Angeles location! Recently approved by the Historical Preservation Overlay Zone (HPOZ) and LADBS for the property’s renovation plans where the scope of work features upgrades to plumbing, electrical (where needed), and roofing, as well as complete renovations of all bathrooms, kitchen, flooring, and paint throughout, enhancing fit and

    Marlin Dginguerian JohnHart Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,083,000 Consumers Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $830,000 First American Title Company
Grant Deed $450,000 Stewart Title Of California
Grant Deed $20,000 Stewart Title Of California
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Financial Title Company San
Grant Deed $560,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,063,384 FHA
Previous Owner $438,592 FHA
Previous Owner $395,200 New Conventional
Previous Owner $100,000 Unknown
Previous Owner $448,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $830,000 -2.2% $361 / Sq Ft
05/10/2016 05/10/16 For Sale $849,000 +88.7% $369 / Sq Ft
05/11/2012 05/11/12 Sold $450,000 0.0% $196 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $450,000 -- $196 / Sq Ft
Source: The MLS

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
2024 $11,958 $963,281 $580,291 $382,990
2023 $11,732 $944,394 $568,913 $375,481
2022 $11,195 $925,877 $557,758 $368,119
2021 $11,051 $907,723 $546,822 $360,901
2019 $10,723 $880,802 $530,604 $350,198
2018 $10,596 $863,532 $520,200 $343,332
2016 $5,937 $477,466 $212,207 $265,259
2015 $5,852 $470,295 $209,020 $261,275
2014 $5,883 $461,083 $204,926 $256,157
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 16-123870

The MLS

APN: 5060-019-024