NOT LISTED FOR SALE

2314 E 117th St Los Angeles, CA 90059

Estimated Value: $571,481 - $723,000

2 Beds
2 Baths
1,140 Sq Ft
$558/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $465,000 $408 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,895/month

65 Days on Market

About This Home

As of November 2019

THIS IS A LEGAL DUPLEX WITH AN EXTRA 2+1 UNIT BUILD 4 YEARS AGO TOTAL OF 3 UNITS FOR THE PRICE OF TWO
THIS IS A GREAT OPPORTUNITY IT WILL GO FAST YOU CAN LIVE ON ONE AND RENT THE OTHER TWO
THE OPPORTUNITY YOU BEEN LOOKING

Last Agent to Sell the Property

Armando Sandoval

San Fernando Realty, Inc. License #01261925 Listed on: 09/12/2019

Last Buyer's Agent

Saul Miranda

Amerex Realty Inc. License #01432460

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,406 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,140 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 115
  • Tax Tract Number 6857
  • Assessor Parcel Number 6150018030

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LCR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6150018030
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1140.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 407.89
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6406.00
  • Lot Size Acres: 0.1471

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6406.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5406.00
  • Tax Lot: 115
  • Tax Tract Number: 6857

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 12, 2019
Sold by
Victorio Cruz
Bought by
Martinez Aura Marina
Seller's Agent
Armando Sandoval
San Fernando Realty, Inc.
Buyer's Agent
Saul Miranda
Amerex Realty Inc.
List Price
$455,000
Sold Price
$465,000
Premium/Discount to List
$10,000
2.2%
Current Estimated Value
$635,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,620
Avg. Annual Appreciation
5.19%
Original Mortgage
$456,577
Outstanding Balance
$399,807
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$235,813

Purchase Details

Listed on
Sep 12, 2019
Closed on
Oct 28, 2019
Sold by
Alvarez Eugenio and Victorio Cruz
Bought by
Victorio Cruz
Seller's Agent
Armando Sandoval
San Fernando Realty, Inc.
Buyer's Agent
Saul Miranda
Amerex Realty Inc.
List Price
$455,000
Sold Price
$465,000
Premium/Discount to List
$10,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,577
Outstanding Balance
$399,807
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$235,813

Purchase Details

Closed on
Jul 23, 2007
Sold by
Alvarez Eugenio
Bought by
Alvarez Eugenio

Purchase Details

Closed on
Jun 22, 2004
Sold by
Flores Eugenio V
Bought by
Alvarez Eugenio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,750
Interest Rate
4.39%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 13, 2003
Sold by
On Star Investment
Bought by
Alvarez Eugenio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,150
Interest Rate
5.54%

Purchase Details

Closed on
Jul 10, 2002
Sold by
Arellano Aide
Bought by
Arellano Louie

Purchase Details

Closed on
Mar 12, 2002
Sold by
U S Bank National Assn
Bought by
Shahco Inc

Purchase Details

Closed on
Jan 30, 2002
Sold by
West Rene and Contimortgage Corp
Bought by
Financial Asset Securities Corp and Greenwich Capital Financial Products Inc

Purchase Details

Closed on
Aug 18, 1999
Sold by
Coulter Roderick and West Rene
Bought by
West Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
8.3%

Purchase Details

Closed on
May 27, 1999
Sold by
West Rene
Bought by
The 2314 E 117Th Street Family Trust

Purchase Details

Closed on
May 28, 1998
Sold by
Coulter Roderick
Bought by
West Rene
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
Martinez Aura Marina $465,000 North American Title
Victorio Cruz -- North American Title
Victorio Cruz -- North American Title
Alvarez Eugenio -- Accommodation
Alvarez Eugenio -- First American Title Co
Alvarez Eugenio $189,500 Lawyers Title
On Star Investment Inc -- Lawyers Title
Arellano Louie -- Fidelity National Title Co
Arellano Louie $130,000 Lawyers Title Company
Shahco Inc -- Lawyers Title Company
Financial Asset Securities Corp $123,200 First American Title Co
West Rene -- --
The 2314 E 117Th Street Family Trust -- --
West Rene -- Benefit Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Aura Marina $456,577
Previous Owner Alvarez Eugenio $207,750
Previous Owner Alvarez Eugenio $189,150
Previous Owner West Rene $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $465,000 +2.2% $408 / Sq Ft
11/16/2019 11/16/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $455,000 -- $399 / 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 $7,134 $508,541 $382,774 $125,767
2024 $7,134 $498,570 $375,269 $123,301
2023 $6,876 $488,795 $367,911 $120,884
2022 $6,409 $479,212 $360,698 $118,514
2021 $6,536 $469,817 $353,626 $116,191
2019 $4,297 $278,873 $202,239 $76,634
2018 $4,140 $273,406 $198,274 $75,132
2016 $3,936 $262,791 $190,576 $72,215
2015 $3,746 $258,845 $187,714 $71,131
2014 $3,689 $253,775 $184,037 $69,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR19218776

California Regional Multiple Listing Service (CRMLS)

APN: 6150-018-030