NOT LISTED FOR SALE

Estimated Value: $625,000 - $850,000

3 Beds
3 Baths
324 Sq Ft
$2,305/Sq Ft Est. Value

Last Sold June 11, 2019

Last sale price $380,000 $1,173 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,531/month

53 Days on Market

About This Home

As of June 2019

Two homes on a great lot! The front unit is a 2 bedroom, 2 bath and the back unit is 1 bedroom, 1 bath. It is a great opportunity for investment in South LA.

Last Agent to Sell the Property

Heather Presha

KHORR Realty License #01493661 Listed on: 02/22/2019

Co-Listed By

Lora D. Samuels Abbott

Forward Inglewood, Inc. License #01832977

Last Buyer's Agent

Maria Arriaga

License #01308068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,007

Year Built

  • Built in 1930

Lot Details

  • 5,326

Home Design

  • Duplex

Interior Spaces

  • 324 Sq Ft Home
  • 1-Story Property
  • Gas And Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • 5,326 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6031-032-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,007

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 324
  • Probate: No
  • Stories: 1
  • Year Built: 1930
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 1157.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 25130
  • Assessed Land Value: 14342
  • Assessor Parcel Number: 6031-032-009
  • Geocode Override: No
  • Lot Size Area: 5326

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.77
  • Number Of Units: 2
  • Total Annual Expense: 1848
  • Type Of Units: Duplex
  • Vacancy Rate: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2021
Sold by
Cyprus Kip C and Cyprus Amy L
Bought by
Cyprus Kip Nicholas
Current Estimated Value
$746,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Outstanding Balance
$435,210
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$311,574

Purchase Details

Closed on
May 15, 2020
Sold by
Cyprus Kip C and Cyprus Amy L
Bought by
Cyprus Kip C and Cyprus Amy L

Purchase Details

Listed on
Feb 22, 2019
Closed on
May 8, 2019
Sold by
Sims Veola and The Veola Sims Rlt
Bought by
Cyprus Kip C and Cyprus Amy L
Seller's Agent
Heather Presha
KHORR Realty
Buyer's Agent
Maria Arriaga
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$460,000
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 20, 2007
Sold by
Sims Veola
Bought by
Sims Veola and Veola Sims Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 7, 2005
Sold by
Sims Veola
Bought by
Sims Veola and The Veola Sims Revocable Livin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,500
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2003
Sold by
Sims Veola
Bought by
The Veola Sims Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cyprus Kip Nicholas -- Lawyers Title
Cyprus Kip C -- Accommodation
Cyprus Kip C $380,000 North American Title Company
Sims Veola -- Accommodation
Sims Veola -- United Title Company Orange
Sims Veola -- United Title Company Orange
Sims Veola -- United Title Company Orange
The Veola Sims Revocable Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cyprus Kip Nicholas $473,000
Previous Owner Cyprus Kip C $460,000
Previous Owner Sims Veola $138,000
Previous Owner Sims Veola $106,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2019 06/11/19 Sold $380,000 +1.3% $1,173 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
04/07/2019 04/07/19 For Sale $375,000 -1.3% $1,157 / Sq Ft
03/28/2019 03/28/19 Off Market $380,000 -- --
03/25/2019 03/25/19 For Sale $375,000 -1.3% $1,157 / Sq Ft
03/15/2019 03/15/19 Off Market $380,000 -- --
03/15/2019 03/15/19 For Sale $375,000 -1.3% $1,157 / Sq Ft
03/05/2019 03/05/19 Off Market $380,000 -- --
02/22/2019 02/22/19 For Sale $375,000 -- $1,157 / Sq Ft
Source: The MLS

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 $7,007 $573,359 $400,325 $173,034
2024 $7,007 $562,118 $392,476 $169,642
2023 $6,873 $551,097 $384,781 $166,316
2022 $6,147 $505,337 $343,694 $161,643
2021 $6,067 $495,429 $336,955 $158,474
2020 $4,862 $387,600 $357,000 $30,600
2019 $611 $41,064 $14,920 $26,144
2018 $593 $40,260 $14,628 $25,632
2016 $552 $38,699 $14,061 $24,638
2015 $545 $38,118 $13,850 $24,268
2014 $560 $37,372 $13,579 $23,793
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-437330

The MLS

APN: 6031-032-009