NOT LISTED FOR SALE

2235 & 2237 Las Colinas Ave Eagle Rock, CA 90041

Eagle Rock Neighborhood

Estimated Value: $1,112,000 - $1,446,920

4 Beds
3 Baths
1,994 Sq Ft
$621/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $720,000 $361 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,396/month

Highlights

  • Property is near public transit
  • Traditional Architecture
  • Granite Countertops
  • Eagle Rock Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of January 2017

This Duplex 2235 & 2237 is the ultimate turnkey income Generating opportunity with development potential. It's walking distance away from shopping areas and restaurants. This Property features two separate homes on one parcel!!! 1st Front unit home is a well maintained three bedroom two bathroom home while the 2nd unit is a two bedroom one bathroom home, both units share a tranquil park like common area space with a built in BBQ, this common area separates the two units.

This property will be Tenant and Owner free 2 days after close of Escrow !!!

Last Agent to Sell the Property

Erick Perez

Keller Williams North Valley License #01474768 Listed on: 08/24/2016

Keller Williams North Valley

Last Buyer's Agent

Erick Perez

Keller Williams North Valley License #01474768 Listed on: 08/24/2016

Keller Williams North Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,457

Year Built

  • Built in 1922

Lot Details

  • 6,203 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,994 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Frame Window
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Outdoor Grill

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater
  • Central Water Heater
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, insurance, water
  • Legal Lot and Block 7 / 1816
  • Tax Tract Number 1505
  • Assessor Parcel Number 5685016017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $840
  • Insurance Expense $850
  • Trash Expense $360
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,457
  • Operating Expense $7,357
  • Gross Income $2,500
  • Net Operating Income $46,643

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,457

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LARD1.5
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5685016017
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 361.08
  • Room Type: All Bedrooms Down, Main Floor Bedroom
  • Window Features: Wood Frames

Exterior Features

  • Foundation: FHA Approved
  • Exterior Features: Barbecue Private
  • View: Neighborhood
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Driveway, Uncovered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Sewer Available, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Convection Oven, Gas Oven, Gas Cooktop, Gas Water Heater, Range Hood, Water Heater Central
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Sq Ft: 6203.00
  • Price Per Lot Square Foot: 110.43

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Insurance, Water

Multi Family

  • Electric Expense: 840.00
  • Gross Income: 2500.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 850.00
  • Net Operating Income: 46643.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 7357.00
  • Rent Control: Yes
  • Total Actual Rent: 4500.00
  • Total Expenses: 7357.00

Tax Info

  • New Taxes Expense: 3457.00
  • Tax Area: 4
  • Tax Block: 1816
  • Tax Lot: 7
  • Tax Tract Number: 1505
  • Tax Annual Amount: 3457.00
  • Tax Year: 3457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Jan 8, 2017
Sold by
Morales Roque and Morales Margarita
Bought by
Simon Art and Simon Talin
Seller's Agent
Erick Perez
Keller Williams North Valley
Buyer's Agent
Erick Perez
Keller Williams Central
List Price
$685,000
Sold Price
$720,000
Premium/Discount to List
$35,000
5.11%
Current Estimated Value
$1,238,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,230
Avg. Annual Appreciation
6.40%
Original Mortgage
$525,000
Outstanding Balance
$432,771
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$805,459

Purchase Details

Closed on
Mar 16, 2006
Sold by
Morales Roque
Bought by
Morales Roque and Morales Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,900
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2002
Sold by
Morales Roque and Marquez Margarita
Bought by
Morales Roque

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.62%

Purchase Details

Closed on
Aug 16, 1997
Sold by
Flores Trinidad
Bought by
Marquez Margarita and Morales Roque

Purchase Details

Closed on
Nov 26, 1996
Sold by
Flores Victor
Bought by
Flores Trinidad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
7.91%

Purchase Details

Closed on
Nov 2, 1996
Sold by
Federal National Mortgage Association
Bought by
Morales Roque and Marquez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,100
Interest Rate
7.91%

Purchase Details

Closed on
May 9, 1996
Sold by
Nationsbanc Mtg Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 8, 1996
Sold by
Malicdem Edward L and Malicdem Maria Lani L
Bought by
Nationsbanc Mtg Corp
Source: Public Records

Range of Values:

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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
Simon Art $700,000 Provident Title Company
Morales Roque -- Stewart Title Of Ca Inc
Morales Roque -- Orange Coast Title
Marquez Margarita -- --
Flores Trinidad -- --
Morales Roque $158,000 American Coast Title Company
Federal National Mortgage Association -- Benefit Land Title Ins Co
Nationsbanc Mtg Corp $160,000 Benefit Land Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simon Art $525,000
Previous Owner Morales Roque $301,900
Previous Owner Morales Roque $205,000
Previous Owner Morales Roque $150,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2017 01/23/17 Sold $720,000 +5.1% $361 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $685,000 -- $344 / 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 $9,894 $812,404 $487,443 $324,961
2024 $9,894 $796,476 $477,886 $318,590
2023 $9,704 $780,860 $468,516 $312,344
2022 $9,255 $765,550 $459,330 $306,220
2021 $9,138 $750,540 $450,324 $300,216
2020 $9,229 $742,845 $445,707 $297,138
2019 $8,866 $728,280 $436,968 $291,312
2018 $8,749 $714,000 $428,400 $285,600
2016 $3,507 $279,473 $178,336 $101,137
2015 $3,457 $275,276 $175,658 $99,618
2014 $3,481 $269,885 $172,218 $97,667
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2017

    Erick Perez

    Keller Williams North Valley

    (818) 869-6137

    26 Total Sales

    Erick Perez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16186824

California Regional Multiple Listing Service (CRMLS)

APN: 5685-016-017

California Los Angeles County Los Angeles 90041 Eagle Rock

2235 & 2237 Las Colinas Ave, Los Angeles, CA

This home is located at 2235 & 2237 Las Colinas Ave, Eagle Rock, CA 90041 since 24 August 2016 and is currently estimated at $1,238,230, approximately $620 per square foot. This property was built in 1922. 2235 & 2237 Las Colinas Ave is a home located in Los Angeles County with nearby schools including Eagle Rock Elementary School, Eagle Rock High School, and St. Dominic Elementary School.

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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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