Seller's Agent in 2021
Kevin Raisch
Kevin Raisch, Broker
(562) 947-4771
1 in this area
3 Total Sales
243 E 118th St Los Angeles, CA 90061
Broadway-Manchester NeighborhoodEstimated Value: $789,989 - $954,000
6
Beds
2
Baths
1,924
Sq Ft
$449/Sq Ft
Est. Value
Highlights
- Midcentury Modern Architecture
- No HOA
- Double Pane Windows
- Lawn
- Neighborhood Views
- Living Room
About This Home
As of March 2021Investor opportunity located near LAX as well as the 105, 110 and 710 freeways. This unique duplex features a three-bedroom one bath layout for each of the units. The kitchen is spacious with granite counter and glass tile backsplash. The property located on a large lot with some space in the rear for the possible addition of an ADU, with enough remaining space to accommodate carport parking. Located a short distance from the local elementary school (118th Street Elementary). Great property with potential upside with rental income.
Last Agent to Sell the Property
Kevin Raisch
Kevin Raisch, Broker License #01718658 Listed on: 02/17/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,356
Year Built
- Built in 2009
Lot Details
- 5,610 Sq Ft Lot
- Lot Dimensions are 42 x 132
- 1 Common Wall
- West Facing Home
- Block Wall Fence
- Chain Link Fence
- Landscaped
- Rectangular Lot
- Sprinkler System
- Lawn
- Front Yard
Home Design
- Duplex
- Midcentury Modern Architecture
- Turnkey
- Raised Foundation
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 1,924 Sq Ft Home
- 1-Story Property
- Double Pane Windows
- Living Room
- Laminate Flooring
- Neighborhood Views
Kitchen
- Gas Oven
- Gas Range
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Detached Carport Spaces
- Parking Available
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot B
- Tax Tract Number 2414
- Assessor Parcel Number 6083016038
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $720
- Insurance Expense $1,400
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $3,400
- Operating Expense $7,980
- Gross Income $49,800
- Net Operating Income $46,080
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2013
Closed on
Dec 6, 2013
Sold by
Ddsw Llc
Bought by
Pierre Nicole
Seller's Agent
Maria Olmos
Y Realty
Buyer's Agent
Joanna Bowling
Keller Williams Downtown LA
List Price
$369,000
Sold Price
$370,000
Premium/Discount to List
$1,000
0.27%
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
$493,497
Avg. Annual Appreciation
7.34%
Original Mortgage
$319,495
Outstanding Balance
$238,452
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$625,045
Purchase Details
Closed on
Jun 14, 2013
Sold by
Woody David F
Bought by
Ddsw Llc
Purchase Details
Closed on
Jun 6, 2008
Sold by
Woody Lorraine H
Bought by
Woody David F
Purchase Details
Closed on
Dec 14, 2005
Sold by
Jldhsp Investments Llc
Bought by
Nic Hamill Development Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$663,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2004
Sold by
Lakeview Associates Inc
Bought by
J L D H S P Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,625
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 22, 2004
Sold by
Real Estate Acquistions Co Llc
Bought by
Lakeview Associates Inc
Purchase Details
Closed on
Jan 21, 2004
Sold by
Murray Lindsay and Estate Of Bernice Broughton
Bought by
Real Estate Acquisitions Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 29, 1997
Sold by
Orum Woodie G and Broughton Bernice A
Bought by
Broughton Bernice A
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 |
|---|---|---|---|
| Pierre Nicole | $370,000 | Ticor Title Company | |
| Ddsw Llc | -- | None Available | |
| Woody David F | -- | Investors Title Company | |
| Woody David F | -- | Investors Title Company | |
| Nic Hamill Development Llc | $450,000 | Provident Title Company | |
| J L D H S P Investments Llc | $207,500 | Provident Title Company | |
| Lakeview Associates Inc | -- | Landsafe Title | |
| Real Estate Acquisitions Llc | $175,000 | Landsafe Title | |
| Broughton Bernice A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pierre Nicole | $319,495 | |
| Previous Owner | Nic Hamill Development Llc | $663,000 | |
| Previous Owner | J L D H S P Investments Llc | $155,625 | |
| Previous Owner | Real Estate Acquisitions Llc | $165,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/30/2021 03/30/21 | Sold | $690,000 | 0.0% | $359 / Sq Ft | |
| 02/28/2021 02/28/21 | Off Market | $690,000 | -- | -- | |
| 02/27/2021 02/27/21 | Pending | -- | -- | -- | |
| 02/17/2021 02/17/21 | For Sale | $675,000 | +82.4% | $351 / Sq Ft | |
| 01/17/2014 01/17/14 | Sold | $370,000 | +0.3% | $192 / Sq Ft | View Prior Sale |
| 12/23/2013 12/23/13 | Pending | -- | -- | -- | |
| 11/19/2013 11/19/13 | For Sale | $369,000 | 0.0% | $192 / Sq Ft | |
| 11/05/2013 11/05/13 | Rented | $1,600 | -8.6% | -- | |
| 11/05/2013 11/05/13 | For Rent | $1,750 | -- | -- |
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 | $9,527 | $746,877 | $422,148 | $324,729 |
| 2024 | $9,407 | $732,233 | $413,871 | $318,362 |
| 2023 | $9,229 | $717,876 | $405,756 | $312,120 |
| 2022 | $8,812 | $703,800 | $397,800 | $306,000 |
| 2021 | $5,516 | $419,022 | $226,498 | $192,524 |
| 2020 | $5,565 | $414,726 | $224,176 | $190,550 |
| 2019 | $5,356 | $406,595 | $219,781 | $186,814 |
| 2018 | $5,232 | $398,623 | $215,472 | $183,151 |
| 2016 | $4,986 | $383,146 | $207,106 | $176,040 |
| 2015 | $4,912 | $377,392 | $203,996 | $173,396 |
| 2014 | $4,831 | $361,634 | $200,908 | $160,726 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Raisch
-
Antonio Martinez
Buyer's Agent in 2021
Antonio Martinez
Keller Williams Pacific Estates
(310) 259-9106
1 in this area
37 Total Sales
-
Maria Olmos
Seller's Agent in 2014
Maria Olmos
Y Realty
(562) 824-6227
1 in this area
49 Total Sales
-
J
Buyer's Agent in 2014
Joanna Bowling
Keller Williams Downtown LA
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21018302
APN: 6083-016-038
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.
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
Nearby Homes
- 233 E 118th St
- 315 E 118th St
- 331 E 119th St
- 343 E 119th St
- 11513 S San Pedro St
- 200 E 120th St
- 317 E 115th St
- 151 E 121st St
- 418 E 120th St
- 11415 Link St
- 630 E 119th St
- 319 E 113th St
- 145 W 115th St
- 11863 Stanford Ave
- 160 W 121st St
- 151 W 121st Place
- 134 W 113th St
- 418 420 E 120th St
- 682 E 120th St
- 150 E 124th St
- 247 E 118th St
- 239 E 118th St
- 237 E 118th St
- 253 E 118th St
- 11715 S San Pedro St
- 11727 S San Pedro St
- 229 E 118th St
- 229 E 118th Place
- 11803 S San Pedro St
- 244 E 118th St
- 248 E 118th St
- 240 E 118th St
- 223 E 118th St
- 236 E 118th St
- 11807 S San Pedro St
- 230 E 118th St
- 219 E 118th St
- 11811 S San Pedro St
- 11726 S San Pedro St
- 224 E 118th St