K
Seller's Agent in 2021
Kevin Raisch
Kevin Raisch, Broker
243 E 118th St Los Angeles, CA 90061
Broadway-Manchester NeighborhoodEstimated Value: $798,000 - $934,000
6
Beds
2
Baths
1,924
Sq Ft
$443/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 in unit
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 19, 2013
Closed on
Dec 6, 2013
Sold by
Bought by
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
$482,941
Avg. Annual Appreciation
6.94%
Original Mortgage
$319,495
Outstanding Balance
$238,452
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$614,489
Purchase Details
Closed on
Jun 14, 2013
Sold by
Bought by
Purchase Details
Closed on
Jun 6, 2008
Sold by
Bought by
Purchase Details
Closed on
Dec 14, 2005
Sold by
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Jan 21, 2004
Sold by
Bought by
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
Bought by
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $370,000 | Ticor Title Company | ||
| -- | None Available | ||
| -- | Investors Title Company | ||
| -- | Investors Title Company | ||
| $450,000 | Provident Title Company | ||
| $207,500 | Provident Title Company | ||
| -- | Landsafe Title | ||
| $175,000 | Landsafe Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $319,495 | ||
| Previous Owner | $663,000 | ||
| Previous Owner | $155,625 | ||
| Previous Owner | $165,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
-
Antonio Martinez
Buyer's Agent in 2021
Antonio Martinez
Keller Williams Pacific Estates
(310) 259-9106
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
- 244 E 118th Place
- 11861 S San Pedro St
- 321 E 119th St
- 137 E 119th St
- 11513 S San Pedro St
- 445 E 119th St
- 11863 S Avalon Blvd
- 151 E 121st St
- 204 E Imperial Hwy
- 11415 Link St
- 145 W 115th St
- 644 E 118th Place
- 134 W 113th St
- 11167 S San Pedro St
- 132 134 E 109th
- 228 W Imperial Hwy
- 447 E 124th St
- 210 W 113th St
- 150 E 124th St
- 11154 Towne Ave
- 247 E 118th St
- 239 E 118th St
- 237 E 118th St
- 253 E 118th St
- 11715 S San Pedro St
- 233 E 118th 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
Your Personal Tour Guide
Ask me questions while you tour the home.