NOT LISTED FOR SALE

Estimated Value: $699,000 - $1,013,975

4 Beds
2 Baths
1,680 Sq Ft
$497/Sq Ft Est. Value

Sale Details

Date Sold: December 6, 2024

Last sale price $775,000 $461 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,630 / mo

158 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 4-minute walk to 111th Pace Pocket Park
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of December 2024

Discover an incredible investment opportunity with this duplex in Los Angeles, located at 230 and 232! Perfect for both owner-users and investors, this property offers a unique chance to occupy one unit while renting out the other, or leasing both for optimal income. Each unit features two bedrooms, a full bathroom, a cozy living room, and a kitchen equipped with washer and dryer hook-ups, combining comfort with convenience. Outside, the property boasts a two-car garage, a spacious driveway for additional parking, and a large, versatile backyard that's perfect for relaxation or entertainment. Occupying a substantial lot of nearly 7,834 sq. ft., the property presents a fantastic opportunity for future development or enhancement. Potential buyers are advised to perform all necessary due diligence, verifying all permits, square footages, and land uses with the County and City of Los Angeles to ensure this property meets their needs. Drive-by viewings are available at this time to appreciate the property's layout and potential firsthand. Seize this chance to invest in a property with endless possibilities in the vibrant city of Los Angeles!

Last Agent to Sell the Property

Kameron Smith

LPT Realty License #02235791 Listed on: 05/10/2024

LPT Realty

Last Buyer's Agent

Maria Leon

Excellence RE Real Estate License #01447706

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 7,836 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 4 Bedrooms
  • 1,680 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Additional Features

  • Urban Location
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 4897
  • Assessor Parcel Number 6073018008
  • $646 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $500
  • Insurance Expense $500
  • Water Sewer Expense $500
  • Operating Expense $1,500
  • Gross Income $18,000
  • Net Operating Income $13,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

7,836 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6073018008
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 461.31

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7836.00
  • Lot Size Acres: 0.1799

Multi Family

  • Electric Expense: 500.00
  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 500.00
  • Lot Size Area: 7836.0000 Square Feet
  • Net Operating Income: 13000.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: Yes
  • Total Expenses: 1500.00

Tax Info

  • Tax Census Tract: 2411.10
  • Tax Lot: 3
  • Tax Tract Number: 4897
  • TaxOtherAnnualAssessmentAmount: 646.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Oct 21, 2024
Sold by
Smith Living Trust and Smith Nancy M
Bought by
Aguilar Mauricio De Jesus Ora
Seller's Agent
Kameron Smith
LPT Realty
Buyer's Agent
Maria Leon
Excellence RE Real Estate
List Price
$717,000
Sold Price
$775,000
Premium/Discount to List
$58,000
8.09%
Views
48
Current Estimated Value
$835,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,244
Avg. Annual Appreciation
5.49%
Original Mortgage
$620,000
Interest Rate
6.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2018
Sold by
Smith Nancy Maria
Bought by
Smith Nancy M and Smith Living Trust

Purchase Details

Closed on
Apr 18, 2005
Sold by
Smith Ronald M
Bought by
Smith Hudson H and Smith Nancy Maria

Purchase Details

Closed on
Sep 19, 1997
Sold by
Smith Hudson H
Bought by
Smith Hudson H and Smith Nancy M

Purchase Details

Closed on
Nov 27, 1995
Sold by
Smith Hudson H
Bought by
Smith Hudson H and Smith Nancy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Aguilar Mauricio De Jesus Ora $775,000 First American Title Company
Aguilar Mauricio De Jesus Ora $775,000 First American Title Company
Smith Nancy M -- None Available
Smith Hudson H -- Chicago Title Co
Smith Hudson H -- --
Smith Hudson H -- --
Smith Hudson H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aguilar Mauricio De Jesus Ora $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $775,000 +8.1% $461 / Sq Ft
10/02/2024 10/02/24 For Sale $717,000 -7.5% $427 / Sq Ft
09/20/2024 09/20/24 Off Market $775,000 -- --
09/20/2024 09/20/24 For Sale $717,000 -7.5% $427 / Sq Ft
09/19/2024 09/19/24 Off Market $775,000 -- --
09/14/2024 09/14/24 For Sale $717,000 -7.5% $427 / Sq Ft
09/13/2024 09/13/24 Off Market $775,000 -- --
09/13/2024 09/13/24 For Sale $717,000 -7.5% $427 / Sq Ft
09/12/2024 09/12/24 Off Market $775,000 -- --
09/11/2024 09/11/24 For Sale $717,000 -7.5% $427 / Sq Ft
09/07/2024 09/07/24 Off Market $775,000 -- --
05/10/2024 05/10/24 For Sale $717,000 -- $427 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $2,778 $775,000 $600,000 $175,000
2024 $2,778 $177,441 $58,269 $119,172
2023 $2,732 $173,963 $57,127 $116,836
2022 $2,624 $170,553 $56,007 $114,546
2021 $2,585 $167,209 $54,909 $112,300
2019 $2,516 $162,251 $53,281 $108,970
2018 $2,391 $159,071 $52,237 $106,834
2016 $2,270 $152,896 $50,209 $102,687
2015 $2,237 $150,600 $49,455 $101,145
2014 $2,252 $147,651 $48,487 $99,164
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24094913

California Regional Multiple Listing Service (CRMLS)

APN: 6073-018-008

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