NOT LISTED FOR SALE

2227 Sichel St Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $776,833 - $1,104,000

3 Beds
2 Baths
2,000 Sq Ft
$437/Sq Ft Est. Value

Last Sold October 23, 2012

Last sale price $305,000 $152 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $5,158/month

19 Days on Market

Highlights

  • Double Pane Windows
  • Bungalow
  • Wood Siding
  • Abraham Lincoln High School Rated A
  • Tile Flooring
  • Heating System Uses Natural Gas

About This Home

As of October 2012

Two houses completely refurbished including new insulation throughout, new copper plumbing, new electrical, new paint inside and out, new kitchens in both houses, new double paned windows, remodeled bathrooms, new wall furnaces, new flooring and carpets, new light fixtures and ceiling fans. These are must see units. Front house is 3 bedrooms/1bath and rear house is 1 bedrooms/1 bath. Close to schools and churches and minutes from downtown. No need to preview - these are gems! Property is in historical redevelopment area.

Last Agent to Sell the Property

Bernie Needham

HomeSmart Realty Group License #00454716 Listed on: 08/17/2012

HomeSmart Realty Group

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,695

Year Built

  • Built in 1916

Lot Details

  • 4,291 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Double Pane Windows

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Assessor Parcel Number 5204017014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,695

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Zoning: LARD3
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5204017014
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Carpet, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 152.50
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4291.00
  • Lot Size Acres: 0.0990

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 4291.0000 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

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Area: 4
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Sep 4, 2012
Sold by
The Michael P Herrera Living Trust
Bought by
Cen Yanping
Seller's Agent
Bernie Needham
HomeSmart Realty Group
Buyer's Agent
Out of Area Out of Area
Out of Area
List Price
$335,000
Sold Price
$305,000
Premium/Discount to List
-$30,000
-8.96%
Current Estimated Value
$874,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,958
Avg. Annual Appreciation
8.25%
Original Mortgage
$162,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 1995
Sold by
Herrera Michael P
Bought by
Herrera Michael P and The Michael P Herrera Living T
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
Cen Yanping $305,000 Chicago Title Company
Herrera Michael P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cen Yanping $162,000
Previous Owner Herrera Michael $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2012 10/23/12 Sold $305,000 -9.0% $153 / Sq Ft
09/05/2012 09/05/12 Pending -- -- --
08/17/2012 08/17/12 For Sale $335,000 -- $168 / 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 $4,695 $375,573 $258,594 $116,979
2024 $4,695 $368,210 $253,524 $114,686
2023 $4,607 $360,991 $248,553 $112,438
2022 $4,397 $353,914 $243,680 $110,234
2021 $4,340 $346,975 $238,902 $108,073
2020 $4,381 $343,418 $236,453 $106,965
2019 $4,213 $336,685 $231,817 $104,868
2018 $4,124 $330,084 $227,272 $102,812
2016 $3,936 $317,269 $218,448 $98,821
2015 $3,929 $312,504 $215,167 $97,337
2014 $3,903 $306,384 $210,953 $95,431
Source: Public Records

Agents Affiliated with this Home

  • Bernie Needham

    Seller's Agent in 2012

    Bernie Needham

    HomeSmart Realty Group

    (562) 881-6697

    11 Total Sales

    Bernie Needham
    Section Image

  • O

    Buyer's Agent in 2012

    Out of Area Out of Area

    Out of Area

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1204252

California Regional Multiple Listing Service (CRMLS)

APN: 5204-017-014

California Los Angeles County Los Angeles 90031 Lincoln Heights

2227 Sichel St, Los Angeles, CA

This home is located at 2227 Sichel St, Los Angeles, CA 90031 since 17 August 2012 and is currently estimated at $874,958, approximately $437 per square foot. This property was built in 1916. 2227 Sichel St is a home located in Los Angeles County with nearby schools including Griffin Avenue Elementary School, Florence Nightingale Middle, and Abraham Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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