NOT LISTED FOR SALE

2425 E 113th St Los Angeles, CA 90059

Watts Neighborhood

Estimated Value: $671,000 - $710,000

5 Beds
3 Baths
2,022 Sq Ft
$343/Sq Ft Est. Value

Last Sold March 10, 2014

Last sale price $275,000 $136 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,079/month

70 Days on Market

About This Home

As of March 2014

REGULAR SALE!!!!! 2units with Positive Cash Flow. Great opportunity to live in one and rent the other or for an investor for positive cash flow. Front unit 3bed 2bath rented for $1,200. Rear unit 2bed 1bath rented for $1,000. And a single unit in back rented for $600. All units are occupied. Great Tenants. Appointment only.

Last Agent to Sell the Property

Miguel Vazquez

Home Central Realty License #01717478 Listed on: 12/26/2013

Last Buyer's Agent

Miguel Vazquez

Home Central Realty License #01717478 Listed on: 12/26/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,278

Year Built

  • Built in 1963

Lot Details

  • 6,243 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,022 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Location

  • Suburban Location

Utilities

  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 6067018019

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $1,200
  • Gross Income $2,800
  • Net Operating Income $31,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,278

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Diego
  • Other Phone Number: 310-344-6619
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 6067018019
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 136.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Unknown
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6243.00
  • Lot Size Acres: 0.1430

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6243.0000 Square Feet
  • Net Operating Income: 31000.00
  • 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: 2600.00
  • Rent Control: No

Tax Info

  • Tax Lot: 30
  • Tax Tract Number: LCR2
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2020
Sold by
Meza Noe
Bought by
Meza Noe
Current Estimated Value
$693,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$138,081
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$555,753

Purchase Details

Listed on
Dec 26, 2013
Closed on
Feb 3, 2014
Sold by
Medrano Diego I
Bought by
Meza Noe
Seller's Agent
Miguel Vazquez
Home Central Realty
Buyer's Agent
Miguel Vazquez
Home Central Realty
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$206,250
Interest Rate
4.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
U S Bank National Association
Bought by
Medrano Diego I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,310
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 8, 2009
Sold by
Alvarado Wilfredo A
Bought by
Us Bank National Association

Purchase Details

Closed on
Jun 3, 2006
Sold by
Alvarado Wilfredo A
Bought by
Alvarado Wilfredo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2004
Sold by
Alvarado Wilfredo A
Bought by
Alvarado Wilfredo A and Maceda Nestor I

Purchase Details

Closed on
Nov 7, 2002
Sold by
Garcia Angela
Bought by
Alvarado Wilfredo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.12%

Purchase Details

Closed on
Feb 22, 2002
Sold by
Roman Francisco G
Bought by
Garcia Angela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
7.87%

Purchase Details

Closed on
Mar 9, 1999
Sold by
Martinez Julia E
Bought by
Roman Francisco G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.7%

Purchase Details

Closed on
Jan 15, 1999
Sold by
Castoran Julia E
Bought by
Castorena Julia E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
6.7%

Purchase Details

Closed on
Sep 4, 1997
Sold by
Castorena Julia E
Bought by
Castorena Julia E and Martinez Judy A
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
Meza Noe -- Ticor Title
Meza Noe -- Ticor Title
Meza Noe $275,000 Arista National Title
Medrano Diego I $185,000 Lawyers Title
Us Bank National Association $225,000 Accommodation
Alvarado Wilfredo A -- Security Union Title
Alvarado Wilfredo A -- --
Alvarado Wilfredo A $220,000 Utc
Garcia Angela $165,000 United Title Company
Roman Francisco G $55,000 Commonwealth Land Title Co
Castorena Julia E -- First Southwestern Title Co
Castorena Julia E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meza Noe $195,000
Closed Meza Noe $206,250
Previous Owner Medrano Diego I $180,310
Previous Owner Alvarado Wilfredo A $348,000
Previous Owner Alvarado Wilfredo A $176,000
Previous Owner Garcia Angela $132,000
Previous Owner Roman Francisco G $52,000
Closed Garcia Angela $33,000
Closed Alvarado Wilfredo A $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2014 03/10/14 Sold $275,000 -3.5% $136 / Sq Ft
03/06/2014 03/06/14 Pending -- -- --
12/26/2013 12/26/13 For Sale $285,000 -- $141 / 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 $5,278 $337,101 $183,874 $153,227
2024 $5,278 $330,492 $180,269 $150,223
2023 $5,028 $324,013 $176,735 $147,278
2022 $4,818 $317,661 $173,270 $144,391
2021 $4,759 $311,433 $169,873 $141,560
2020 $4,788 $308,241 $168,132 $140,109
2019 $4,626 $302,198 $164,836 $137,362
2018 $4,481 $296,273 $161,604 $134,669
2016 $4,287 $284,771 $155,330 $129,441
2015 $4,226 $280,494 $152,997 $127,497
2014 $3,258 $193,347 $104,512 $88,835
Source: Public Records

Agents Affiliated with this Home

  • Miguel Vazquez

    Seller's Agent in 2014

    Miguel Vazquez

    Home Central Realty

    (562) 881-9811

    1 in this area

    44 Total Sales

    Miguel Vazquez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13251954

California Regional Multiple Listing Service (CRMLS)

APN: 6067-018-019

California Los Angeles County Los Angeles 90059 Watts

2425 E 113th St, Los Angeles, CA

This home is located at 2425 E 113th St, Los Angeles, CA 90059 since 26 December 2013 and is currently estimated at $693,834, approximately $343 per square foot. This property was built in 1963. 2425 E 113th St is a home located in Los Angeles County with nearby schools including Ritter Elementary School, Edwin Markham Middle School, and Jordan High School.

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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