NOT LISTED FOR SALE

229 W 70th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $504,000 - $1,120,000

8 Beds
4 Baths
2,655 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 01, 2018

Last sale price $660,000 $249 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,447/month

About This Home

As of August 2018

Great TRIPLEX Opportunity just 10 minutes away from the coliseum, Exposition Park and USC. Downstairs unit 3 Bedroom 2 Bath/upstairs unit 3 Bedroom 1 Bath/ Back unit 2 Bedroom 1 Bath . All units will be delivered vacant.

Last Agent to Sell the Property

Diana Sandoval

Sync Brokerage, Inc. License #01976585 Listed on: 02/27/2018

Last Buyer's Agent

Miriam Durango

Remington RE Services License #01301575

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,709

Year Built

  • Built in 1962

Lot Details

  • 5,158 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached

Interior Spaces

  • 2,655 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 4791
  • Assessor Parcel Number 6012009050

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,709

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6012009050
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 248.59

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5158.00

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2393.10
  • Tax Lot: 8
  • Tax Tract Number: 4791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2021
Sold by
Durango Freddy
Bought by
Brand Josefa
Current Estimated Value
$857,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,800
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2021
Sold by
Perez Jacob
Bought by
Durango Freddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,800
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2019
Sold by
Durango Freddy
Bought by
Perez Jacob

Purchase Details

Closed on
Apr 30, 2018
Sold by
Guzman Gloria and Escobar Jose F
Bought by
Durango Freddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,045
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2004
Sold by
Vasquez Jovita
Bought by
Vasquez Francisco Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2004
Sold by
Escobar Jose F and Guzman Gloria
Bought by
Guzman Gloria and Escobar Jose F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1998
Sold by
Escobar Jose F and Puentes Rafael O
Bought by
Escobar Jose F and Guzman Gloria

Purchase Details

Closed on
May 14, 1997
Sold by
Guzman Gloria
Bought by
Escobar Jose F and Puentes Rafael O

Purchase Details

Closed on
Jun 6, 1995
Sold by
Alpine Real Property Equity Group Inc
Bought by
Escobar Jose F and Puentes Rafael O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,375
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 28, 1995
Sold by
Lowry Lane
Bought by
Alpine Real Property Equity Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,375
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 1995
Sold by
State Street Bank & Trust Company
Bought by
Lowry Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,200
Interest Rate
8.44%

Purchase Details

Closed on
Aug 22, 1994
Sold by
Wydermeyer Billy R and Wydermyer Miriam H
Bought by
State Street Bank & Trust Company

Purchase Details

Closed on
Oct 14, 1993
Sold by
Professional Foreclosure Corp
Bought by
State Street Bank & Trust Company
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
Brand Josefa -- Accommodation
Durango Freddy -- Accommodation
Perez Jacob -- Accommodation
Durango Freddy $660,000 Wfg National Title Company
Vasquez Francisco Antonio -- Gateway Title Company
Escobar Jose F -- Gateway Title Company
Guzman Gloria -- Gateway Title Company
Escobar Jose F -- --
Escobar Jose F -- --
Escobar Jose F $180,000 First American Title Co
Alpine Real Property Equity Group Inc -- First American Title Co
Lowry Lane $92,000 First American Title Company
State Street Bank & Trust Company $148,872 First Southwestern Title
State Street Bank & Trust Company $135,736 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Durango Freddy $633,800
Previous Owner Durango Freddy $648,045
Previous Owner Guzman Gloria C $50,000
Previous Owner Guzman Gloria $178,000
Previous Owner Escobar Jose F $175,375
Previous Owner Lowry Lane $75,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2018 08/01/18 Sold $660,000 -5.7% $249 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
02/27/2018 02/27/18 For Sale $700,000 -- $264 / 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 $9,709 $788,009 $474,104 $313,905
2024 $9,709 $772,558 $464,808 $307,750
2023 $9,525 $757,411 $455,695 $301,716
2022 $9,088 $742,560 $446,760 $295,800
2021 $8,547 $692,096 $454,662 $237,434
2020 $8,630 $685,000 $450,000 $235,000
2019 $8,164 $667,400 $280,000 $387,400
2018 $3,269 $260,623 $128,050 $132,573
2016 $3,095 $250,505 $123,079 $127,426
2015 $3,050 $246,743 $121,231 $125,512
2014 $3,076 $241,911 $118,857 $123,054
Source: Public Records

Agents Affiliated with this Home

  • Diana Sandoval

    Seller's Agent in 2018

    Diana Sandoval

    Sync Brokerage, Inc.

    (818) 363-1717

    7 Total Sales

    Diana Sandoval
    Section Image

  • M

    Buyer's Agent in 2018

    Miriam Durango

    Remington RE Services

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18045604

California Regional Multiple Listing Service (CRMLS)

APN: 6012-009-050

California Los Angeles County Los Angeles 90003 Florence

229 W 70th St, Los Angeles, CA

This home is located at 229 W 70th St, Los Angeles, CA 90003 since 27 February 2018 and is currently estimated at $857,857, approximately $323 per square foot. This property was built in 1962. 229 W 70th St is a home located in Los Angeles County with nearby schools including Mary McLeod Bethune Middle School, Academy For Multiligual Arts And Science At Mervyn M. Dymally High, and Aspire Slauson Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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