NOT LISTED FOR SALE

240 W 83rd St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $578,000 - $741,000

3 Beds
2 Baths
1,430 Sq Ft
$474/Sq Ft Est. Value

Last Sold November 29, 2013

Last sale price $252,500 $177 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $4,008/month

26 Days on Market

About This Home

As of November 2013

Seller has requested highest and best. Please see private remarks. Duplex 1-2 bedroom and 1-1bedroom. No garages only parking spaces.

Last Agent to Sell the Property

Steven Padilla

Century 21 A Better Service License #00957274 Listed on: 10/26/2013

Century 21 A Better Service

Last Buyer's Agent

Juan Cozzarelli

Valley Star Realty, Inc. License #01765638

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,899

Year Built

  • Built in 1950

Lot Details

  • 5,460 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Parking Spaces

Home Design

  • 1,430 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Assessor Parcel Number 6031035022

Community Details

Overview

  • 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

$3,899

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6031035022
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 176.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5460.00
  • Lot Size Acres: 0.1250

Multi Family

  • Lot Size Area: 5460.0000 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 Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2013
Closed on
Nov 18, 2013
Sold by
Wells Fargo Bank Na
Bought by
Zacarias Idett Lilian Estrada
Seller's Agent
Steven Padilla
Century 21 A Better Service
Buyer's Agent
Juan Cozzarelli
Valley Star Realty, Inc.
List Price
$249,900
Sold Price
$252,500
Premium/Discount to List
$2,600
1.04%
Current Estimated Value
$677,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,700
Avg. Annual Appreciation
8.73%

Purchase Details

Closed on
Jul 17, 2013
Sold by
Molina Maria C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Sep 16, 2005
Sold by
Molina Maria C
Bought by
Molina Luis and Molina Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2005
Sold by
Molina Luis
Bought by
Molina Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2003
Sold by
Martinez Alfredo
Bought by
Molina Luis and Molina Mana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.14%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 22, 1998
Sold by
Duarte Ada C
Bought by
Duarte Wilbur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,488
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 1998
Sold by
Duarte Wilbur
Bought by
Martinez Alfredo and Martinez Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,488
Interest Rate
6.71%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 1998
Sold by
Mendoza Marcos
Bought by
Mendoza Marcos and Duarte Wilber

Purchase Details

Closed on
Jan 26, 1998
Sold by
New Haven Corp
Bought by
Orellana Salvador and Orellana Maria Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,363
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 1998
Sold by
Orellana Salvador
Bought by
Mendoza Marcos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,363
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 1997
Sold by
Orellana Salvador
Bought by
New Haven Corp
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
Zacarias Idett Lilian Estrada $252,500 Lsi Title Company Inc
Wells Fargo Bank Na $309,495 None Available
Molina Luis -- --
Molina Maria C -- Landsafe Title
Molina Luis -- --
Duarte Wilbur -- California Counties Title Co
Martinez Alfredo $154,000 California Counties Title Co
Mendoza Marcos -- --
Orellana Salvador -- California Counties Title Co
Mendoza Marcos $111,000 California Counties Title Co
New Haven Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Molina Luis $432,000
Previous Owner Molina Maria C $320,000
Previous Owner Molina Luis $225,000
Previous Owner Martinez Alfredo $200,000
Previous Owner Martinez Alfredo $150,488
Previous Owner Mendoza Marcos $110,363
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2013 11/29/13 Sold $252,500 +1.0% $177 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
10/26/2013 10/26/13 For Sale $249,900 -- $175 / 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 $3,899 $309,518 $220,649 $88,869
2024 $3,899 $303,450 $216,323 $87,127
2023 $7,599 $605,000 $480,000 $125,000
2022 $3,736 $291,669 $207,924 $83,745
2021 $3,687 $285,951 $203,848 $82,103
2019 $3,581 $277,471 $197,802 $79,669
2018 $3,466 $272,031 $193,924 $78,107
2016 $3,304 $261,470 $186,395 $75,075
2015 $3,258 $257,544 $183,596 $73,948
2014 $3,280 $252,500 $180,000 $72,500
Source: Public Records

Agents Affiliated with this Home

  • Steven Padilla

    Seller's Agent in 2013

    Steven Padilla

    Century 21 A Better Service

    (562) 298-6413

    1 in this area

    148 Total Sales

    Steven Padilla
    Section Image

  • J

    Buyer's Agent in 2013

    Juan Cozzarelli

    Valley Star Realty, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13218533

California Regional Multiple Listing Service (CRMLS)

APN: 6031-035-022

California Los Angeles County Los Angeles 90003 Florence

240 W 83rd St, Los Angeles, CA

This home is located at 240 W 83rd St, Los Angeles, CA 90003 since 26 October 2013 and is currently estimated at $677,200, approximately $473 per square foot. This property was built in 1950. 240 W 83rd St is a home located in Los Angeles County with nearby schools including Dr. Owen Lloyd Knox Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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.

California Regional Multiple Listing Service (CRMLS) 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

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