NOT LISTED FOR SALE

224 N Mcdonnell Ave Los Angeles, CA 90022

Estimated Value: $762,000 - $895,621

5 Beds
2 Baths
2,097 Sq Ft
$395/Sq Ft Est. Value

Last Sold January 23, 2017

Last sale price $459,000 $219 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,148/month

53 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Back and Front Yard
  • James A. Garfield Senior High School Rated A
  • Wall Furnace

About This Home

As of January 2017

CALLING ALL INVESTORS AND/OR CONTRACTORS. Bring your tool belt and turn this 1925 Charmer into a beauty and make some money. This neighborhood is clean and safe. Just down the street from the Boys and Girls club as well as the Brooklyn Avenue Elementary School and the Alfonzo B. Perez Special Education Center. Both of these homes have large living quarters combined with open kitchens. One home has 3 bedrooms and 1 bath and the other is a 2 Bedroom, 1 bath residence. Located less than 5 minutes to the freeway, this property is conveniently located for your work commute. This is a great investment or the perfect multi-generational living situation.

Last Agent to Sell the Property

Lisa Kauppi

eXp Realty of California Inc License #01421407 Listed on: 06/30/2016

Last Buyer's Agent

Grayr Andreasyan

Hall & Chambers License #01377323

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,597

Year Built

  • Built in 1925

Lot Details

  • 6,508 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • 2,097 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 3989
  • Assessor Parcel Number 5235022001

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,597

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: 8184898890
  • Other Phone Number: 8184898890
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5235022001
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 218.88

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Individual Room
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Corner Lot
  • Lot Size Sq Ft: 6508.00
  • Price Per Lot Square Foot: 61.46

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 3989

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2021
Sold by
Alejandro Leal Daniel
Bought by
Cervantes Leticia
Current Estimated Value
$828,655

Purchase Details

Closed on
Nov 12, 2021
Sold by
2020 Jorge Cervantes Separate Property T
Bought by
Cervantes Ofelia

Purchase Details

Closed on
Nov 11, 2021
Sold by
Ofelia Cervantes
Bought by
Cervantes Leticia

Purchase Details

Closed on
Nov 1, 2021
Sold by
Cervantes Ofelia
Bought by
Cervantes Leticia

Purchase Details

Closed on
Dec 26, 2020
Sold by
Cervantes Jorge
Bought by
Cervantes Jorge and 2020 Jorge Cervantes Family T

Purchase Details

Closed on
Aug 23, 2016
Sold by
Guardian Justina Garcia and Estate Of Andrew Garcia
Bought by
Cervantes Jorge

Purchase Details

Closed on
Feb 17, 2016
Sold by
Garcia Justina and Estate Of Ernesto Garcia
Bought by
Garcia Justina
Source: Public Records

Range of Values:

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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
Cervantes Leticia -- None Listed On Document
Cervantes Ofelia -- None Listed On Document
Cervantes Leticia -- None Listed On Document
Cervantes Leticia -- None Available
Cervantes Jorge -- None Available
Cervantes Jorge $459,000 Consumers Title Company
Garcia Justina -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Leticia $331,705
Closed Cervantes Leticia $210,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2017 01/23/17 Sold $459,000 +6.7% $219 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
06/30/2016 06/30/16 For Sale $430,000 -- $205 / 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 $7,597 $536,283 $316,239 $220,044
2024 $7,597 $525,769 $310,039 $215,730
2023 $7,215 $507,960 $303,960 $204,000
2022 $7,005 $507,960 $252,960 $255,000
2021 $6,854 $492,138 $294,855 $197,283
2020 $6,903 $487,093 $291,832 $195,261
2019 $6,652 $477,543 $286,110 $191,433
2018 $6,517 $468,180 $280,500 $187,680
2016 $3,396 $206,938 $87,300 $119,638
2015 $3,350 $203,830 $85,989 $117,841
2014 $3,356 $199,838 $84,305 $115,533
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16143897

California Regional Multiple Listing Service (CRMLS)

APN: 5235-022-001