NOT LISTED FOR SALE

Estimated Value: $621,000 - $1,135,523

4 Beds
2 Baths
1,860 Sq Ft
$422/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $550,000 $296 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,834/month

111 Days on Market

About This Home

As of March 2023

Location!! Location!! Location!! These amazing investment properties are just minutes away to DTLA, USC and Los Angeles Memorial Coliseum. 2 detached units featuring; Front unit 3bedrooms 1bathroom the Back unit 1bedroom 1bathroom, Huge yard with room to expand, Friendly tenants both are up to date with rents, there is room for the new owner to increase rent, walking distance to transportation and just a few blocks from access to 110FWY, You must see it to appreciate potential!!

Last Agent to Sell the Property

Maria Menjivar

4U Realty License #01761847 Listed on: 10/13/2022

Last Buyer's Agent

Alfredo Martinez

Big Block Powerhouse Realty License #01137158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,082

Year Built

  • Built in 1923

Lot Details

  • 5,419 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Parking Spaces

Home Design

  • 1,860 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 35 / B
  • Tax Tract Number 2
  • Assessor Parcel Number 5101033021
  • $331 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,082

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Price Per Unit: 290500
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5101033021
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 295.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5419.00
  • Lot Size Acres: 0.1244

Multi Family

  • Gross Scheduled Income: 34644.00
  • Lot Size Area: 5419.0000 Square Feet
  • 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

Tax Info

  • Tax Block: B
  • Tax Census Tract: 2328.00
  • Tax Lot: 35
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 331.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2022
Closed on
Mar 3, 2023
Sold by
Lin Shaojuan
Bought by
Martinez Alexander A
Seller's Agent
Maria Menjivar
4U Realty
Buyer's Agent
Alfredo Martinez
Big Block Powerhouse Realty
List Price
$581,000
Sold Price
$550,000
Premium/Discount to List
-$31,000
-5.34%
Views
26
Current Estimated Value
$784,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,881
Avg. Annual Appreciation
18.26%
Original Mortgage
$350,000
Outstanding Balance
$339,835
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$498,051

Purchase Details

Listed on
Oct 13, 2022
Closed on
Feb 18, 2023
Sold by
Cornavaca Trust
Bought by
Martinez Alexander A
Seller's Agent
Maria Menjivar
4U Realty
Buyer's Agent
Alfredo Martinez
Big Block Powerhouse Realty
List Price
$581,000
Sold Price
$550,000
Premium/Discount to List
-$31,000
-5.34%
Views
26

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$339,835
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$498,051

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 30, 2018
Sold by
Marenco Lillian
Bought by
Cornavaca Roger D and Cornavaca Leticia
Seller's Agent
Jessica Vazquez
24 Hour Real Estate
Buyer's Agent
Maria Menjivar
4U Realty
List Price
$465,000
Sold Price
$460,000
Premium/Discount to List
-$5,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.08%
Original Mortgage
$325,325
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2016
Sold by
Nodarse Frank
Bought by
Nodarse Frank and Marenco Lilliam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,500
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2014
Closed on
Jan 28, 2015
Sold by
Fannie Mae
Bought by
Nodarse Frank
Seller's Agent
Peter Park
Prime Properties Asset Mgmt
Buyer's Agent
Rodrigo Prieto
Intero Real Estate Services
List Price
$239,900
Sold Price
$275,000
Premium/Discount to List
$35,100
14.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.07%
Original Mortgage
$185,000
Interest Rate
3.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2010
Sold by
Baber Patricia
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 10, 2009
Sold by
Baber Patricia
Bought by
Saleem Taqueer

Purchase Details

Closed on
Apr 23, 2008
Sold by
Baber Patricia
Bought by
Baber Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1992
Sold by
Holloman Elizabeth Marie
Bought by
Baber Demulda E
Source: Public Records

Range of Values:

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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 Alexander A -- Orange Coast Title
Martinez Alexander A $550,000 Orange Coast Title
Cornavaca Roger D $460,000 Old Republic Title Company
Nodarse Frank -- Lawyers Title La
Nodarse Frank $275,000 Old Republic Title Company
Nodarse Frank -- Old Republic Title Company
Federal National Mortgage Association $440,542 First American Title Ins Co
Saleem Taqueer -- None Available
Baber Patricia -- Fidelity Van Nuys
Baber Demulda E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Alexander A $350,000
Closed Martinez Alexander A $350,000
Previous Owner Cornavaca Roger D $315,956
Previous Owner Cornavaca Roger D $325,325
Previous Owner Nodarse Frank $269,500
Previous Owner Nodarse Frank $185,000
Previous Owner Baber Patricia $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $550,000 -5.3% $296 / Sq Ft
02/09/2023 02/09/23 For Sale $581,000 0.0% $312 / Sq Ft
02/01/2023 02/01/23 Pending -- -- --
01/21/2023 01/21/23 Pending -- -- --
12/27/2022 12/27/22 Price Changed $581,000 -10.5% $312 / Sq Ft
10/13/2022 10/13/22 For Sale $649,000 +41.1% $349 / Sq Ft
09/17/2018 09/17/18 Sold $460,000 0.0% $254 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/19/2018 08/19/18 Price Changed $460,000 -1.1% $254 / Sq Ft
06/25/2018 06/25/18 For Sale $465,000 +69.1% $257 / Sq Ft
01/30/2015 01/30/15 Sold $275,000 +14.6% $152 / Sq Ft
01/08/2015 01/08/15 Pending -- -- --
11/20/2014 11/20/14 For Sale $239,900 -- $133 / 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 $7,082 $572,220 $364,140 $208,080
2024 $7,082 $561,000 $357,000 $204,000
2023 $6,267 $493,210 $343,103 $150,107
2022 $5,981 $483,540 $336,376 $147,164
2021 $5,903 $474,060 $329,781 $144,279
2020 $5,959 $469,200 $326,400 $142,800
2019 $5,730 $460,000 $320,000 $140,000
2018 $3,712 $290,470 $200,689 $89,781
2016 $3,531 $279,193 $192,897 $86,296
2015 $3,253 $255,838 $111,929 $143,909
2014 $3,276 $250,828 $109,737 $141,091
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22221954

California Regional Multiple Listing Service (CRMLS)

APN: 5101-033-021