H
Seller's Agent in 2018
Hernan Hernandez
Laura Mai, Broker
231 E 111th St Los Angeles, CA 90061
Broadway-Manchester NeighborhoodEstimated Value: $564,000 - $694,000
3
Beds
2
Baths
1,301
Sq Ft
$491/Sq Ft
Est. Value
Highlights
- Laundry Room
- 1-Story Property
- 4-minute walk to 111th Pace Pocket Park
About This Home
As of November 2018This property is two homes on one lot. Both are separate and in good condition. Front house is vacant and is a 2 bedroom 1 bath ready for buyer to live in. Back unit is a 1 bedroom 1 bath remodeled a year ago. The back tenant is month to month and comes with the property. Seller will not vacate. Tenant pays $900.00 per month. Seller also has planned approved and stamped for addition to front house for another 490 sqft and a car port to convert this into a 4 bedroom house with 2 baths. Plans come included in the sale of the property. This is priced below marked for a fast sale.
Last Agent to Sell the Property
Hernan Hernandez
Laura Mai, Broker License #01161183 Listed on: 10/22/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1937
Lot Details
- 5,323 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Interior Spaces
- 1,301 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Gas And Electric Dryer Hookup
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tax Lot 181
- Tax Tract Number 4449
- Assessor Parcel Number 6073015024
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 $1,600
- Water Sewer Expense $1,250
- New Taxes Expense $4,863
- Operating Expense $2,850
- Gross Income $10,800
- Net Operating Income $9,120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 22, 2018
Closed on
Oct 31, 2018
Sold by
H S C Acquisition Llc
Bought by
Smith Karen
Seller's Agent
Hernan Hernandez
Laura Mai, Broker
Buyer's Agent
Kenneth Palma
Palma Investments
List Price
$389,000
Sold Price
$420,000
Premium/Discount to List
$31,000
7.97%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,271
Avg. Annual Appreciation
6.11%
Original Mortgage
$412,392
Interest Rate
4.9%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 13, 2016
Sold by
Hernandez Hector
Bought by
Hsc Acquisitions Llc
Purchase Details
Closed on
Oct 13, 2015
Sold by
West Adams Group Llc
Bought by
Hernandez Hector
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 27, 2015
Sold by
Turner William E and The 2015 William E Turner Fami
Bought by
West Adams Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2015
Sold by
Turner William E
Bought by
Turner William E and The 2015 William E Turner Fami
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 11, 2010
Sold by
Turner Edward A and Turner William E
Bought by
Turner William E and The William E Turner Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Karen | $420,000 | Lawyers Title | |
| Hsc Acquisitions Llc | -- | None Available | |
| Hernandez Hector | -- | First American Title Company | |
| Hernandez Hector | -- | First American Title Company | |
| West Adams Group Llc | $165,000 | First American Title Company | |
| Turner William E | -- | Fatco | |
| Turner William E | -- | Fatco | |
| Turner William E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Smith Karen | $412,392 | |
| Previous Owner | Hernandez Hector | $175,000 | |
| Previous Owner | West Adams Group Llc | $148,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/29/2018 11/29/18 | Sold | $420,000 | +8.0% | $323 / Sq Ft |
| 10/25/2018 10/25/18 | Pending | -- | -- | -- |
| 10/22/2018 10/22/18 | For Sale | $389,000 | -- | $299 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $6,292 | $498,435 | $345,808 | $152,627 |
| 2024 | $6,292 | $488,663 | $339,028 | $149,635 |
| 2023 | $6,172 | $479,082 | $332,381 | $146,701 |
| 2022 | $5,893 | $469,689 | $325,864 | $143,825 |
| 2021 | $5,818 | $460,480 | $319,475 | $141,005 |
| 2020 | $5,849 | $455,760 | $316,200 | $139,560 |
| 2019 | $5,307 | $420,000 | $310,000 | $110,000 |
| 2018 | $3,377 | $249,696 | $145,656 | $104,040 |
| 2016 | $2,905 | $213,202 | $152,287 | $60,915 |
| 2015 | $1,896 | $129,040 | $64,520 | $64,520 |
| 2014 | $1,909 | $126,514 | $63,257 | $63,257 |
Source: Public Records
Agents Affiliated with this Home
-
-
Kenneth Palma
K
Buyer's Agent in 2018
Kenneth Palma
Palma Investments
(775) 257-9955
1 in this area
112 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18256122
APN: 6073-015-024
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.
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
Nearby Homes
- 248 E 110th St
- 10811 S San Pedro St
- 10800 S San Pedro St
- 329 E 109th St
- 319 E 113th St
- 123 E 108th St
- 130 E 107th St
- 142 W 110th St
- 143 W 110th St
- 151 W 110th St
- 451 E 111th Place
- 10970 Avalon Blvd
- 10904 S Spring St
- 10955 S Spring St
- 317 E 115th St
- 134 W 113th St
- 226 E 105th St
- 11415 Link St
- 11513 S San Pedro St
- 233 E 105th St