NOT LISTED FOR SALE

Estimated Value: $783,000 - $1,110,000

6 Beds
4 Baths
2,056 Sq Ft
$443/Sq Ft Est. Value

Last Sold December 08, 2022

Last sale price $775,000 $377 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,579/month

42 Days on Market

Highlights

  • In Ground Pool
  • 2 Car Garage
  • South Facing Home

About This Home

As of December 2022

Vacant front unit, waiting for owner-occupant looking for a generous investment and an excellent alternative to rent. With the rent from the rear unit ($1,970), it almost costs the same to own as to rent (potential rent for vacant unit = $3,200 / Total: $5,170). In 2004, the front unit was built new, and 30% of the rear unit's square feet were also built during the same year. With most houses in Los Angeles being constructed in the 30s and 50s, this property is young and built to more effective building standards. Also unique, the front unit has a spacious tile-covered 2-car garage, and the rear unit has its own one-car garage. Both have washer and dryer hookups. The ample driveway and front pavement mean plenty of parking beyond the garage space, a luxury in Los Angeles. Both units have separate addresses and electrical and gas meters. The front unit is newly remodeled. New paint, luxury vinyl plank floors, doors, vanities, fixtures, stove, microwave, and more were added. And as is recommended but hardly ever done due to the high expense, this property is newly fumigated and cleared of termites and other pests. Termite clearance and warranty are available for the new owners. This property is ready for a primary owner or investor looking for a move-in opportunity in a residential area where the median price for single-family homes has increased by over 260% in the past ten years, way above average for Los Angeles.

Last Agent to Sell the Property

Joel Daniel Rangel

Coldwell Banker Realty License #01827663 Listed on: 08/31/2022

Coldwell Banker Realty

Last Buyer's Agent

Lori Mikell

Equity Union License #01190586

Equity Union

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2004 | Remodeled

Lot Details

  • 5,323 Sq Ft Lot
  • Lot Dimensions are 40x133
  • South Facing Home

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,056 Sq Ft Home
  • 2-Story Property
  • Microwave
  • Laundry in Garage

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 6073-010-017

Property Details

Home Type

Multi-Family

Year Built

Built in 2004 | Remodeled

Lot Details

5,323 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Building Permit: Yes
  • Entry Floor: 1
  • Entry Location: Main Level
  • Living Area: 2056
  • Lot Acreage: 0.1222
  • Lot Dimensions: 40x133
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 2004
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Laundry: Garage
  • Total Bathrooms: 4.00
  • Equipment: Microwave
  • Price Per S Q F T: 383.75

Exterior Features

  • Direction Faces: South
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool Description: Fenced
  • Pool: Yes
  • Roof: Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Covered Parking: 3
  • Garage Structures: 2
  • Parking Garage: Covered Parking, Garage - 1 Car, Garage - 2 Car, Garage Is Attached, Garage Is Detached
  • Total Parking: 3

Utilities

  • Heating: Wall
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 53.57
  • Assessed Improvement Value: 174055
  • Assessed Land Percent: 46.43
  • Assessed Land Value: 150848
  • Total Assessed Value: 324903
  • Assessor Parcel Number: 6073-010-017
  • Lot Size Area: 5323

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.70
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2011
Closed on
Jan 30, 2012
Sold by
Zhu Dongmei
Bought by
Cheng Ke
Seller's Agent
TIMOTHY PAI
No Firm Affiliation
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
Sold Price
$288,000
Current Estimated Value
$911,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,821
Avg. Annual Appreciation
8.51%
Original Mortgage
$210,000
Outstanding Balance
$143,072
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$768,749

Purchase Details

Listed on
Nov 29, 2011
Closed on
Jan 11, 2012
Sold by
Long Point Properties Llc
Bought by
Cheng Ke
Seller's Agent
TIMOTHY PAI
No Firm Affiliation
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
Sold Price
$288,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Outstanding Balance
$143,072
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$768,749

Purchase Details

Closed on
Oct 6, 2011
Sold by
Pineda Edgar N and Pineda Reyna I
Bought by
Long Point Properties Llc

Purchase Details

Closed on
Feb 4, 2004
Sold by
Hernandez Ignacio and Hernandez Guadalupe
Bought by
Pineda Edgar N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Hernandez Ignacio and Hernandez Guadalupe
Bought by
Ruelas Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Turcios Sofia
Bought by
Hernandez Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2003
Sold by
Turcios Jose V
Bought by
Turcios Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.73%

Purchase Details

Closed on
Mar 13, 2003
Sold by
Hud
Bought by
Turcios Sofia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.73%

Purchase Details

Closed on
Dec 11, 2002
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Jul 30, 2002
Sold by
Countrywide Home Loans
Bought by
Hud

Purchase Details

Closed on
Jul 17, 2002
Sold by
Rodriguez Rosa
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Mar 30, 2001
Sold by
Saavedra Jaime R and Saavedra Maria Delcarmen
Bought by
Rodriguez Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,192
Interest Rate
7.15%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cheng Ke -- Chicago Title Company
Cheng Ke $280,000 Chicago Title Company
Long Point Properties Llc $220,000 None Available
Pineda Edgar N $340,000 California Counties Title Co
Ruelas Victoria -- --
Hernandez Ignacio $175,000 Stewart Title
Turcios Sofia -- Stewart Title
Turcios Sofia $105,000 Stewart Title
Hud -- Landsafe Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $123,278 Landsafe Title
Rodriguez Rosa $120,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Ke $210,000
Previous Owner Pineda Edgar N $272,000
Previous Owner Hernandez Ignacio $157,500
Previous Owner Turcios Sofia $65,000
Previous Owner Rodriguez Rosa $115,192
Closed Turcios Sofia $25,000
Closed Pineda Edgar N $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/08/2022 12/08/22 Sold $775,000 -1.8% $377 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $789,000 +174.0% $384 / Sq Ft
02/08/2012 02/08/12 Sold $288,000 -- $140 / Sq Ft View Prior Sale
11/29/2011 11/29/11 Pending -- -- --
Source: The MLS

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 $10,017 $806,310 $572,220 $234,090
2024 $10,017 $790,500 $561,000 $229,500
2023 $9,825 $775,000 $550,000 $225,000
2022 $4,466 $331,400 $153,864 $177,536
2021 $4,402 $324,903 $150,848 $174,055
2019 $4,277 $315,269 $146,375 $168,894
2018 $4,164 $309,088 $143,505 $165,583
2016 $3,961 $297,088 $137,934 $159,154
2015 $3,903 $292,627 $135,863 $156,764
2014 $3,921 $286,896 $133,202 $153,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-195423

The MLS

APN: 6073-010-017

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