NOT LISTED FOR SALE

2303 E 113th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $645,000 - $752,000

5 Beds
2 Baths
1,606 Sq Ft
$441/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $309,000 $192 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $4,271/month

34 Days on Market

About This Home

As of December 2014

2 Separate Houses. 2 garages. 3 bedroom + 2 bedroom. New 80ft driveway. Remodeled kitchens + baths. Newer stucco + windows.
Parking for 6 cars + 2 garages additional. Separate meters. Darkwood floors and nice tile.

* * * * FRONT HOUSE VACATE * * * *

Last Agent to Sell the Property

Dan Aleman

Blue Moon Realty License #01007445 Listed on: 09/30/2014

Last Buyer's Agent

Arnold Pena

Century 21 Allstars License #01829661

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,866

Year Built

  • Built in 1961

Lot Details

  • 6,884 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,606 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 262
  • Assessor Parcel Number 6067015014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Water Sewer Expense $120
  • New Taxes Expense $3,500
  • Gross Income $22,680
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,866

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 120.00
  • Property Type: Residential Income
  • Parcel Number: 6067015014
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 192.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6884.00
  • Lot Size Acres: 0.1580

Multi Family

  • Gross Income: 22680.00
  • Gross Scheduled Income: 22680.00
  • Insurance Expense: 650.00
  • Lot Size Area: 6884.0000 Square Feet
  • Net Operating Income: 21600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1890.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Lot: 262
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Nov 3, 2014
Sold by
Gerber Peter
Bought by
Espinoza Stephanie
Seller's Agent
Dan Aleman
Blue Moon Realty
Buyer's Agent
Arnold Pena
Century 21 Allstars
List Price
$298,000
Sold Price
$309,000
Premium/Discount to List
$11,000
3.69%
Current Estimated Value
$706,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,003
Avg. Annual Appreciation
8.13%
Original Mortgage
$303,403
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 11, 2014
Sold by
Mitchell Bob and The Bob Mitchell Jr Living Tru
Bought by
Gerber Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,659
Interest Rate
4.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 10, 2014
Sold by
Gerber Silvia
Bought by
Gerber Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,659
Interest Rate
4.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 12, 2004
Sold by
Mitchell Bob
Bought by
Mitchell Bob and Bob Mitchell Jr Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,100
Interest Rate
5.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2002
Sold by
Mitchell Bob
Bought by
Mitchell Bob and Bob Mitchell Jr Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
6.52%

Purchase Details

Closed on
Jan 4, 2002
Sold by
Mitchell Bob
Bought by
Mitchell Bob and Bob Mitchell Jr Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.99%

Purchase Details

Closed on
Jan 2, 2002
Sold by
Mitchell Bob and The Bob Mitchell Jr Living Tru
Bought by
Mitchell Bob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.99%

Purchase Details

Closed on
Jun 7, 2001
Sold by
Mitchell Bob
Bought by
Mitchell Bob and The Bob Mitchell Jr Living Tru

Purchase Details

Closed on
Apr 29, 1994
Sold by
Brice Richard
Bought by
Mitchell Bob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,700
Interest Rate
7.84%
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
Espinoza Stephanie $309,000 Old Republic Title Company
Gerber Peter $75,000 Provident Title
Gerber Peter -- Provident Title
Mitchell Bob -- --
Mitchell Bob -- Southland Title Corporation
Mitchell Bob -- Fidelity National Title
Mitchell Bob -- --
Mitchell Bob -- --
Mitchell Bob -- Orange Coast Title
Mitchell Bob -- Orange Coast Title
Mitchell Bob -- --
Mitchell Bob $83,500 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinoza Stephanie $322,000
Previous Owner Espinoza Stephanie $303,403
Previous Owner Gerber Peter $38,659
Previous Owner Mitchell Bob $142,100
Previous Owner Mitchell Bob $125,600
Previous Owner Mitchell Bob $112,000
Previous Owner Mitchell Bob $105,000
Previous Owner Mitchell Bob $66,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2014 12/29/14 Sold $309,000 +3.7% $192 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $298,000 -- $186 / 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 $4,866 $371,363 $240,367 $130,996
2024 $4,866 $364,082 $235,654 $128,428
2023 $4,776 $356,944 $231,034 $125,910
2022 $4,566 $349,946 $226,504 $123,442
2021 $4,503 $343,085 $222,063 $121,022
2020 $4,541 $339,569 $219,787 $119,782
2019 $4,371 $332,912 $215,478 $117,434
2018 $4,232 $326,385 $211,253 $115,132
2016 $4,028 $313,712 $203,050 $110,662
2015 $3,966 $309,000 $200,000 $109,000
2014 $3,080 $221,825 $144,192 $77,633
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Dan Aleman

    Blue Moon Realty

  • Arnold Pena

    Buyer's Agent in 2014

    Arnold Pena

    Century 21 Allstars

    (323) 228-7386

    17 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC14210372

California Regional Multiple Listing Service (CRMLS)

APN: 6067-015-014

California Los Angeles County Los Angeles 90059 Watts

2303 E 113th St, Los Angeles, CA

This home is located at 2303 E 113th St, Los Angeles, CA 90059 since 30 September 2014 and is currently estimated at $708,861, approximately $441 per square foot. This property was built in 1961. 2303 E 113th St is a home located in Los Angeles County with nearby schools including Grape Street Elementary School, Edwin Markham Middle School, and Jordan High School.

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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