NOT LISTED FOR SALE

Estimated Value: $759,000 - $868,548

6 Beds
2 Baths
1,688 Sq Ft
$476/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $550,000 $326 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,888/month

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Wood Flooring
  • Open Floorplan
  • Property is near public transit
  • Granite Countertops

About This Home

As of July 2018

LOCATION AND CASH FLOW!!! This Duplex is low maintenance and will be turned over completely vacant. The subject consist of 2 separate houses that sit on a large LAR2 lot. Front house has been fully remodeled, currently vacant and in move in condition. Front house features 3 bedrooms and 1 large full bathroom, with open floor plan and a large laundry room inside. Rear house features 3 bedrooms and 1 bathroom, open floor plan. Property has been upgraded as well and is currently owner occupied, but will be turned over vacant. Large common backyard between both houses that is fully paved. Landscaped front yard with small fruit trees. Both units are separately metered for gas & power. Two separate long tandem paved driveways for up to 6+ cars, property is fully gated. Centrally located from schools, public transit, shopping areas, Fwy 110 and 105. Minutes to downtown Los Angeles, USC and much more. Definitely a great hold or owner to live in property. (Buyer to conduct their own due diligence).

Last Agent to Sell the Property

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 05/26/2018

Last Buyer's Agent

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 05/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,524

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 5,201 Sq Ft Lot
  • Lot Dimensions are 40 x 130
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Home Design

  • Contemporary Architecture
  • Turnkey
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,688 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Range Hood
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 85
  • Tax Tract Number 85
  • Assessor Parcel Number 6040033008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $40
  • Fuel Expense $30
  • Insurance Expense $60
  • Trash Expense $20
  • Water Sewer Expense $40
  • New Taxes Expense $6,552
  • Operating Expense $190
  • Net Operating Income $3,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,524

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 40.00
  • Zoning: LAR2
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6040033008
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 325.83
  • Room Type: All Bedrooms Down, Laundry

Exterior Features

  • Direction Faces: South
  • Foundation: Concrete Perimeter, Raised, Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range Hood
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Individual Room
  • Sewer: Sewer Paid
  • Trash Expense: 20.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Near Public Transit, Paved, Walkstreet, Yard
  • Lot Size: 40 x 130
  • Lot Size Sq Ft: 5201.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 40.00
  • Fuel Expense: 30.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 60.00
  • Net Operating Income: 3500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Drapes: 1
  • Operating Expense: 100.00
  • Rent Control: Yes
  • Total Expenses: 190.00
  • Vacancy Allowance Rate: 50.00

Tax Info

  • New Taxes Expense: 6552.00
  • Tax Census Tract: 2402.00
  • Tax Lot: 85
  • Tax Tract Number: 85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2018
Closed on
Jul 6, 2018
Sold by
Carlos Jaun and Amador Lizeth
Bought by
Dominguez Brian and Valdez Carol W
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Ray Penado
Excellence RE Real Estate
List Price
$520,000
Sold Price
$550,000
Premium/Discount to List
$30,000
5.77%
Current Estimated Value
$802,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,887
Avg. Annual Appreciation
4.99%
Original Mortgage
$540,038
Outstanding Balance
$469,975
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$307,528

Purchase Details

Closed on
Nov 30, 2004
Sold by
Rodriguez Jimmy
Bought by
Amador Juan Carlos and Amador Lizeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2000
Sold by
Association For Fair Housing
Bought by
Amador Juan Carlos and Amador Lizeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,804
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2000
Sold by
Hud
Bought by
Association For Fair Housing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
8.25%

Purchase Details

Closed on
Jul 22, 1999
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Mar 4, 1999
Sold by
Orea Miguel and Rodriguez Guillermina
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Dec 12, 1996
Sold by
Meshekow Bros Inc
Bought by
Orea Miguel and Rodriguez Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
7.58%

Purchase Details

Closed on
Aug 1, 1996
Sold by
Beneficial Mtg Corp
Bought by
Meshekow Bros Inc

Purchase Details

Closed on
Apr 25, 1996
Sold by
Porter Welven T and Beneficial Mtg Corp
Bought by
Beneficial 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
Dominguez Brian $550,000 Western Resource Title
Amador Juan Carlos -- Ticor Title Co
Amador Juan Carlos $180,000 United Title Company
Association For Fair Housing $116,500 Provident Title
Hud $193,107 Fidelity National Title Ins
Homeside Lending Inc $193,107 --
Orea Miguel $185,000 Continental Lawyers Title Co
Meshekow Bros Inc $61,500 Fidelity National Title
Beneficial Mtg Corp $81,877 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Brian $540,038
Previous Owner Amador Juan Carlos $53,000
Previous Owner Amador Juan Carlos $235,000
Previous Owner Amador Juan Carlos $178,804
Previous Owner Association For Fair Housing $110,500
Previous Owner Orea Miguel $179,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $550,000 +5.8% $326 / Sq Ft
05/26/2018 05/26/18 For Sale $520,000 -- $308 / 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 $7,524 $613,530 $362,541 $250,989
2024 $7,524 $601,501 $355,433 $246,068
2023 $7,380 $589,708 $348,464 $241,244
2022 $7,040 $578,146 $341,632 $236,514
2021 $6,950 $566,811 $334,934 $231,877
2020 $7,018 $561,000 $331,500 $229,500
2019 $6,744 $550,000 $325,000 $225,000
2018 $3,386 $271,266 $187,667 $83,599
2017 $3,311 $265,948 $183,988 $81,960
2016 $3,220 $260,734 $180,381 $80,353
2015 $3,174 $256,819 $177,672 $79,147
2014 $3,195 $251,789 $174,192 $77,597
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18125240

California Regional Multiple Listing Service (CRMLS)

APN: 6040-033-008