NOT LISTED FOR SALE

224 E 99th St Los Angeles, CA 90003

Broadway-Manchester Neighborhood

Estimated Value: $771,000 - $812,299

4 Beds
2 Baths
1,092 Sq Ft
$730/Sq Ft Est. Value

Last Sold May 25, 2016

Last sale price $310,000 $284 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $4,689/month

48 Days on Market

Highlights

  • Traditional Architecture
  • Laundry Room
  • Wall Furnace

About This Home

As of May 2016

Beautiful Traditional Style Home in Central Los Angeles. With easy access to 110, 105 and 405 freeways, it'll make any destination quick and easy. Located on a quiet street, this home features a 3 bedroom front unit with 1 bathroom and 1 bedroom 1 bathroom unit in the rear. A detached garage and a long drive-way with additional parking area in the rear can accommodate any number of vehicles. Front unit features brand new paint, plush carpet and a new stove. Additional feature includes a separate area for washer and dryer. Rear unit features gleaming laminate flooring, tastefully arranged kitchen with a new stove and a nice sized bedroom. A must see!

Last Agent to Sell the Property

TIMOTHY PAI

No Firm Affiliation License #01786441 Listed on: 02/02/2016

No Firm Affiliation

Last Buyer's Agent

Karina Padilla

KP Realty & Associates License #01796301

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1926

Lot Details

  • 5,100 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 1,092 Sq Ft Home
  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 97
  • Tax Tract Number 6602
  • Assessor Parcel Number 6052016007

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,500
  • Net Operating Income $27,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 6052016007
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 283.88

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 5100.00
  • Price Per Lot Square Foot: 74.31
  • Lot Size Acres: 0.1170

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Lot Size Area: 5100.0000 Square Feet
  • Net Operating Income: 27000.00
  • 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: 3000.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 97
  • Tax Tract Number: 6602

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Apr 12, 2016
Sold by
Cosio Maria
Bought by
Cosio Jose
Seller's Agent
TIMOTHY PAI
No Firm Affiliation
Buyer's Agent
Karina Padilla
KP Realty & Associates
List Price
$379,000
Sold Price
$310,000
Premium/Discount to List
-$69,000
-18.21%
Current Estimated Value
$797,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$487,325
Avg. Annual Appreciation
10.33%
Original Mortgage
$402,573
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2016
Sold by
Pro Value Properties Inc
Bought by
Cosio Jose and Gonzalez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,573
Interest Rate
3.59%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 2015
Sold by
Millender Tom
Bought by
Pro Value Properties Inc

Purchase Details

Closed on
Mar 25, 2014
Sold by
Millender Milbert L
Bought by
Gray Antonio Lester

Purchase Details

Closed on
Jun 10, 2013
Sold by
Millender Milbert
Bought by
Hankins Delano B

Purchase Details

Closed on
May 25, 2013
Sold by
Millender Milbert L
Bought by
White Philip

Purchase Details

Closed on
Apr 6, 2013
Sold by
Millender Milbert L
Bought by
Smith Brandon

Purchase Details

Closed on
Jan 22, 2013
Sold by
Millender Milbert
Bought by
Anderson Danny

Purchase Details

Closed on
Jan 13, 2013
Sold by
Millender Milbert
Bought by
Anderson Danny

Purchase Details

Closed on
Sep 10, 2007
Sold by
Millender Milbert
Bought by
Millender Tom and The Tom Millender Revocable Trust

Purchase Details

Closed on
Feb 14, 2006
Sold by
Millender Tom
Bought by
Millender Tom and The Tom Millender Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2005
Sold by
Millender Tom
Bought by
Millender Tom and Tom Millender Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2004
Sold by
Millender Tom
Bought by
Millender Tom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2000
Sold by
Millender Tom
Bought by
Millender Tom and The Tom Millender Trust
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
Cosio Jose -- Consumers Title Company
Cosio Jose $410,000 Consumers Title Company
Pro Value Properties Inc $268,000 None Available
Gray Antonio Lester -- None Available
Hankins Delano B -- None Available
White Philip -- None Available
Smith Brandon -- None Available
Anderson Danny -- None Available
Anderson Danny -- None Available
Millender Tom -- None Available
Millender Milbert -- None Available
Millender Tom -- Provident Title Company
Millender Tom -- Provident Title Company
Millender Tom -- --
Millender Tom -- Provident Title Company
Millender Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cosio Jose $402,573
Previous Owner Millender Tom $360,000
Previous Owner Millender Tom $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2016 05/25/16 Sold $310,000 -18.2% $284 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
02/02/2016 02/02/16 For Sale $379,000 -- $347 / 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 $6,292 $485,350 $248,594 $236,756
2024 $6,292 $475,834 $243,720 $232,114
2023 $6,176 $466,505 $238,942 $227,563
2022 $5,901 $457,358 $234,257 $223,101
2021 $5,823 $448,391 $229,664 $218,727
2019 $5,653 $435,094 $222,853 $212,241
2018 $5,553 $426,564 $218,484 $208,080
2016 $3,602 $268,000 $160,000 $108,000
2015 $3,591 $267,497 $161,524 $105,973
2014 $3,608 $262,258 $158,360 $103,898
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    TIMOTHY PAI

    No Firm Affiliation

    Section Image
  • Karina Padilla

    Buyer's Agent in 2016

    Karina Padilla

    KP Realty & Associates

    (310) 800-8963

    37 Total Sales

    Karina Padilla
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16022335

California Regional Multiple Listing Service (CRMLS)

APN: 6052-016-007

California Los Angeles County Los Angeles 90003 Broadway-Manchester

224 E 99th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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