Seller's Agent in 2020
Fernando Reza
KELLER WILLIAMS COVINA
(626) 388-5518
96 Total Sales
2415 E 114th St Los Angeles, CA 90059
Watts NeighborhoodEstimated Value: $665,000 - $784,000
8
Beds
4
Baths
2,318
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- No HOA
- 2 Car Direct Access Garage
- Living Room
- Neighborhood Views
- Bathtub
- Recessed Lighting
About This Home
As of August 2020HUGE PRICE REDUCTION!!! Great Opportunity! This Single Family Home sits on an R2 Zoned lot, conversion to a duplex has been 90% complete. City has already approved plans for the conversion (Buyers to verify all information). Tax records show 6 beds 2 baths but there are actually 8 beds and 4 baths. Unit -1 has 4bedrooms/2baths downstairs, Unit-2 has 4bedrooms/2baths upstairs. Bottom 4/2 unit has garage with washer/dryer Hookups and Upstairs 4/2 unit has separate off street parking. This property has tons of UPSIDE potential as an investment or for anyone looking to call this place home and rent second Unit. Currently renting for $4,500 per month. Seller has already done due diligence to introduce plans and verified that Zoning is doable. Structurally, the property is prepped for Duplex. Seller has Schematics, Sq Ft Approval, and Planner Contractor to finalize. Seller willing to forfeit Planners information and contractor agreement with an accepted offer. Seller advises NO issues, NO citations, No red flags from city. Instant Increase in Equity and Cash-Flow upon duplex conversion!!! With this much upside potential, this property will be a major benefit to anyone's portfolio, or a great first step for the next homeowner. Property was renovated in late 2016 with tank-less water heater, upgraded plumbing, and upgraded bathrooms. MOTIVATED SELLER!!!! DON'T MISS THIS ONE!!!
Last Agent to Sell the Property
KELLER WILLIAMS COVINA License #01451616 Listed on: 05/11/2020
Last Buyer's Agent
Cindy Avila
Nationwide Real Estate Execs License #01946861
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,094
Year Built
- Built in 1989
Lot Details
- 3,122 Sq Ft Lot
- Property fronts an alley
- Wrought Iron Fence
- Fence is in fair condition
- Level Lot
- Property is zoned LCR2*
Parking
- 2 Car Direct Access Garage
- 4 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Driveway Level
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 2,318 Sq Ft Home
- Recessed Lighting
- Living Room
- Vinyl Flooring
- Neighborhood Views
- Window Bars
- Formica Countertops
Bedrooms and Bathrooms
- 8 Bedrooms | 3 Main Level Bedrooms
- Upgraded Bathroom
- 4 Full Bathrooms
- Granite Bathroom Countertops
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
- Washer Hookup
Location
- Suburban Location
Utilities
- Wall Furnace
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 276
- Tax Tract Number 1
- Assessor Parcel Number 6067019050
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 11, 2020
Closed on
Jul 7, 2020
Sold by
Guerrero Danny and Guerrero Magdalena
Bought by
Delsocorro Marquez Maria
Seller's Agent
Fernando Reza
KELLER WILLIAMS COVINA
Buyer's Agent
Cindy Avila
Nationwide Real Estate Execs
List Price
$530,000
Sold Price
$505,000
Premium/Discount to List
-$25,000
-4.72%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,616
Avg. Annual Appreciation
7.03%
Original Mortgage
$479,750
Outstanding Balance
$424,519
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$287,089
Purchase Details
Closed on
Apr 28, 2017
Sold by
Sesma Ruby
Bought by
Guerrero Danny and Guerrero Magdalena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,153
Interest Rate
4.37%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 24, 2014
Sold by
Sesma Eli
Bought by
Sesma Ruby
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 7, 2014
Sold by
Gurrola Richard
Bought by
Sesma Ruby
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 7, 2014
Closed on
Jul 23, 2014
Sold by
114Th Street Investments Llc
Bought by
Gurrola Richard
Seller's Agent
Eddie Kohan
Kohan & Associates Real Estate
Buyer's Agent
TOM LEO CHAVEZ
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.73%
Purchase Details
Listed on
Oct 25, 2012
Closed on
Feb 12, 2013
Sold by
Change Up Enterprises Llc
Bought by
114Th Street Investments Llc
Seller's Agent
Mark Shandrow
Shandrow Group
Buyer's Agent
Adam Shandrow
Shandrow Group
List Price
$174,900
Sold Price
$158,000
Premium/Discount to List
-$16,900
-9.66%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.33%
Purchase Details
Listed on
Oct 25, 2012
Closed on
Jan 30, 2013
Sold by
Jp Morgan Acquisition Corp
Bought by
Change Up Enterprises Llc
Seller's Agent
Mark Shandrow
Shandrow Group
Buyer's Agent
Adam Shandrow
Shandrow Group
List Price
$174,900
Sold Price
$158,000
Premium/Discount to List
-$16,900
-9.66%
Purchase Details
Closed on
Oct 24, 2011
Sold by
Evangelista Daniel
Bought by
J P Morgan Mortgage Acquisition Corp
Purchase Details
Closed on
Nov 9, 2010
Sold by
Americas Outcry Inc
Bought by
Nana Amartey Baidoobonso-I Am Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.23%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 16, 2010
Sold by
Evangelista Daniel
Bought by
Americas Outcry Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 20, 2005
Sold by
Munoz Jose M
Bought by
Evangelista Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 2, 2001
Sold by
Munoz Ana M
Bought by
Munoz Jose M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
8.28%
Purchase Details
Closed on
May 9, 1995
Sold by
Munoz Ana M
Bought by
Munoz Jose M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Delsocorro Marquez Maria | $505,000 | Fidelity National Title | |
| Guerrero Danny | $378,000 | Fidelity Sherman Oaks | |
| Sesma Ruby | -- | Wfg Title Company | |
| Sesma Ruby | $210,000 | Wfg Title Co | |
| Gurrola Richard | $230,000 | Title 365 | |
| 114Th Street Investments Llc | -- | Lsi Title Company | |
| Change Up Enterprises Llc | $158,000 | Lsi Title Company Ca | |
| J P Morgan Mortgage Acquisition Corp | $123,250 | Accommodation | |
| Nana Amartey Baidoobonso-I Am Trust | -- | None Available | |
| Americas Outcry Inc | -- | None Available | |
| Evangelista Daniel | $375,000 | United Independent Title | |
| Munoz Jose M | -- | American Title Co | |
| Munoz Jose M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Delsocorro Marquez Maria | $479,750 | |
| Previous Owner | Guerrero Danny | $371,153 | |
| Previous Owner | Sesma Ruby | $168,000 | |
| Previous Owner | Evangelista Daniel | $140,000 | |
| Previous Owner | Nana Amartey Baidoobonso Iam Trust | $395,000 | |
| Previous Owner | Evangelista Daniel | $420,750 | |
| Previous Owner | Evangelista Daniel | $300,000 | |
| Previous Owner | Munoz Jose M | $88,200 | |
| Closed | Evangelista Daniel | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/11/2020 08/11/20 | Sold | $505,000 | +1.0% | $218 / Sq Ft |
| 07/05/2020 07/05/20 | Pending | -- | -- | -- |
| 06/24/2020 06/24/20 | Price Changed | $499,990 | -3.8% | $216 / Sq Ft |
| 06/13/2020 06/13/20 | Price Changed | $519,999 | -1.9% | $224 / Sq Ft |
| 05/11/2020 05/11/20 | For Sale | $530,000 | +130.4% | $229 / Sq Ft |
| 08/01/2014 08/01/14 | Sold | $230,000 | -3.8% | $99 / Sq Ft |
| 07/28/2014 07/28/14 | Pending | -- | -- | -- |
| 04/24/2014 04/24/14 | Price Changed | $239,000 | -4.0% | $103 / Sq Ft |
| 04/07/2014 04/07/14 | For Sale | $249,000 | +57.6% | $107 / Sq Ft |
| 02/14/2013 02/14/13 | Sold | $158,000 | -4.2% | $68 / Sq Ft |
| 01/25/2013 01/25/13 | Pending | -- | -- | -- |
| 01/03/2013 01/03/13 | Price Changed | $164,900 | -5.7% | $71 / Sq Ft |
| 10/25/2012 10/25/12 | For Sale | $174,900 | -- | $75 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,094 | $546,626 | $301,456 | $245,170 |
| 2024 | $7,094 | $535,909 | $295,546 | $240,363 |
| 2023 | $6,972 | $525,401 | $289,751 | $235,650 |
| 2022 | $6,642 | $515,100 | $284,070 | $231,030 |
| 2021 | $6,558 | $505,000 | $278,500 | $226,500 |
| 2020 | $5,522 | $401,135 | $184,119 | $217,016 |
| 2019 | $5,314 | $393,270 | $180,509 | $212,761 |
| 2018 | $5,231 | $385,560 | $176,970 | $208,590 |
| 2016 | $3,531 | $245,690 | $171,577 | $74,113 |
| 2015 | $3,478 | $242,000 | $169,000 | $73,000 |
| 2014 | -- | $158,716 | $110,499 | $48,217 |
Source: Public Records
Agents Affiliated with this Home
-
Fernando Reza
-
C
Buyer's Agent in 2020
Cindy Avila
Nationwide Real Estate Execs
-
Eddie Kohan
Seller's Agent in 2014
Eddie Kohan
Kohan & Associates Real Estate
(310) 702-9952
3 Total Sales
-
T
Buyer's Agent in 2014
TOM LEO CHAVEZ
-
M
Seller's Agent in 2013
Mark Shandrow
Shandrow Group
-
A
Buyer's Agent in 2013
Adam Shandrow
Shandrow Group
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20087040
APN: 6067-019-050
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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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