NOT LISTED FOR SALE

Estimated Value: $540,000 - $814,000

2 Beds
2 Baths
1,148 Sq Ft
$587/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2019

Last sale price $410,000 $357 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,131 / mo

19 Days on Market

Highlights

  • Laundry Room
  • Block Wall Fence
  • 1-minute walk to Trinity Park Legends Court
  • Rectangular Lot
  • Front Yard

About This Home

As of November 2019

Wonderful Duplex located minutes from Downtown's Fashion District. Close to L.A. Trade Tech and USC. Great investment property to add to an investors portfolio. Each unit offers a living room, kitchen, dining room, a bath, and 1 bedroom. interior condition is good. Tiled Floors throughout. Wonderful long-term tenants. Call to set up a showing appointment.

Last Agent to Sell the Property

HECTOR AGUILAR

EXP REALTY OF CALIFORNIA INC License #01257668 Listed on: 06/09/2019

EXP REALTY OF CALIFORNIA INC

Last Buyer's Agent

HECTOR AGUILAR

EXP REALTY OF CALIFORNIA INC License #01257668 Listed on: 06/09/2019

EXP REALTY OF CALIFORNIA INC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,769 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Rectangular Lot
  • Front Yard

Home Design

  • 1,148 Sq Ft Home
  • Duplex
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 4 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • Laundry Room
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 5127008015

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,320
  • Fuel Expense $420
  • Insurance Expense $3,500
  • Trash Expense $780
  • Water Sewer Expense $1,560
  • New Taxes Expense $5,125
  • Operating Expense $11,517
  • Gross Income $36,000
  • Net Operating Income $33,600

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

4,769 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1560.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5127008015
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 357.14

Exterior Features

  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 780.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 4769.00
  • Lot Size Acres: 0.1095

Multi Family

  • Electric Expense: 1320.00
  • Fuel Expense: 420.00
  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 4769.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes
  • Total Expenses: 11517.00

Tax Info

  • New Taxes Expense: 5125.00
  • Tax Census Tract: 2264.10
  • Tax Lot: 16
  • Tax Tract Number: BURTON

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2019
Closed on
Oct 24, 2019
Sold by
Earnest Robert A and Estate Of Ramiro Cortez
Bought by
Seller's Agent
HECTOR AGUILAR
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
HECTOR AGUILAR
EXP REALTY OF CALIFORNIA INC
List Price
$410,000
Sold Price
$410,000
Current Estimated Value
$663,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,785
Avg. Annual Appreciation
7.53%
Original Mortgage
$307,500
Outstanding Balance
$265,180
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$409,028

Purchase Details

Closed on
Aug 31, 2004
Sold by
Reyna Ray
Bought by
Cortez Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2002
Sold by
Alvarez Ruben R and Alvarez Soledad
Bought by
Reyna Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
6.69%
Mortgage Type
Seller Take Back
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Historic South Central, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 First American Title Company
Cortez Ramiro $240,000 Alliance Title
Reyna Ray $37,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $307,500
Previous Owner Cortez Ramiro $216,000
Previous Owner Reyna Ray $37,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2019 11/01/19 Sold $410,000 0.0% $357 / Sq Ft
06/28/2019 06/28/19 Pending -- -- --
06/14/2019 06/14/19 Off Market $410,000 -- --
06/09/2019 06/09/19 For Sale $410,000 -- $357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $5,632 $457,358 $345,808 $111,550
2025 $5,632 $448,391 $339,028 $109,363
2024 $5,560 $439,600 $332,381 $107,219
2023 $5,455 $430,981 $325,864 $105,117
2022 $5,205 $422,531 $319,475 $103,056
2021 $5,140 $414,247 $313,211 $101,036
2019 $3,791 $299,882 $206,172 $93,710
2018 $3,707 $294,003 $202,130 $91,873
2016 $3,538 $282,588 $194,282 $88,306
2015 $3,488 $278,344 $191,364 $86,980
2014 $3,511 $272,893 $187,616 $85,277
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19138375

California Regional Multiple Listing Service (CRMLS)

APN: 5127-008-015

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