Seller's Agent in 2023
Ed Weekes
Platinum Realty & Invest, Grp
(562) 307-0786
1 in this area
10 Total Sales
244 E 118th Place Los Angeles, CA 90061
Broadway-Manchester NeighborhoodEstimated Value: $597,000 - $637,000
3
Beds
2
Baths
1,268
Sq Ft
$489/Sq Ft
Est. Value
About This Home
As of July 20232 separate units with a stand alone garage in the middle that may be turned into an ADU for extra income. Front unit is a 2 bedroom/1 bath with an enclosed front yard. Rear unit is a 1 bedroom/1 bath with private front & rear yard. There is a small room at rear garage that could possible be connected to utilize as a laundry room. Rear garage has new roof, some updates throughout both properties. Long, private, gated driveway with plenty of parking.
Last Agent to Sell the Property
Platinum Realty & Invest, Grp License #01230084 Listed on: 04/25/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,556
Year Built
- Built in 1947
Lot Details
- 6,155 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 1 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,268 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Listing and Financial Details
- Tax Lot 50
- Tax Tract Number 3287
- Assessor Parcel Number 6083024005
- $556 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $24,576
- Net Operating Income $24,576
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 5, 2023
Sold by
Espino Antonio and Espino Norma E
Bought by
Espino Family Trust and Espino
Current Estimated Value
Purchase Details
Listed on
Apr 25, 2023
Closed on
Jun 23, 2023
Sold by
Fernandez Lisa
Bought by
Espino Antonio and Espino Norma
Seller's Agent
Ed Weekes
Platinum Realty & Invest, Grp
Buyer's Agent
Durga Baumann
Excellence RE Real Estate
List Price
$499,000
Sold Price
$499,000
Views
344
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$374,250
Interest Rate
6.79%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 22, 2020
Sold by
Weekes Daniel J and Weekes Daniel
Bought by
Fernandez Lisa
Purchase Details
Listed on
Mar 18, 2014
Closed on
May 29, 2014
Sold by
Brown Earl and Brown Merris
Bought by
Weekes Daniel
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$179,000
Sold Price
$235,000
Premium/Discount to List
$56,000
31.28%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.99%
Original Mortgage
$176,250
Interest Rate
4.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2009
Sold by
Brown Margie
Bought by
Brown Margie
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 |
|---|---|---|---|
| Espino Family Trust | -- | None Listed On Document | |
| Espino Antonio | $499,000 | Wfg National Title | |
| Fernandez Lisa | $350,000 | Wfg Title Company Of Ca | |
| Weekes Daniel | $235,000 | Lawyers Title | |
| Brown Margie | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Espino Antonio | $374,250 | |
| Previous Owner | Weekes Daniel | $176,250 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/18/2023 07/18/23 | Sold | $499,000 | 0.0% | $394 / Sq Ft | |
| 07/11/2023 07/11/23 | Pending | -- | -- | -- | |
| 07/08/2023 07/08/23 | For Sale | $499,000 | 0.0% | $394 / Sq Ft | |
| 05/08/2023 05/08/23 | Pending | -- | -- | -- | |
| 04/25/2023 04/25/23 | For Sale | $499,000 | +112.3% | $394 / Sq Ft | |
| 07/18/2014 07/18/14 | Sold | $235,000 | +31.3% | $185 / Sq Ft | View Prior Sale |
| 04/12/2014 04/12/14 | Pending | -- | -- | -- | |
| 03/18/2014 03/18/14 | For Sale | $179,000 | -- | $141 / 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 | $6,556 | $508,980 | $408,000 | $100,980 |
| 2024 | $6,556 | $499,000 | $400,000 | $99,000 |
| 2023 | $6,555 | $499,392 | $416,160 | $83,232 |
| 2022 | $6,263 | $489,600 | $408,000 | $81,600 |
| 2021 | $3,610 | $260,919 | $166,545 | $94,374 |
| 2020 | $3,640 | $258,245 | $164,838 | $93,407 |
| 2019 | $3,508 | $253,182 | $161,606 | $91,576 |
| 2018 | $3,404 | $248,219 | $158,438 | $89,781 |
| 2016 | $3,244 | $238,583 | $152,287 | $86,296 |
| 2015 | $3,196 | $235,000 | $150,000 | $85,000 |
| 2014 | $2,593 | $179,575 | $129,957 | $49,618 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Weekes
-
Durga Baumann
Buyer's Agent in 2023
Durga Baumann
Excellence RE Real Estate
(562) 277-0330
1 in this area
66 Total Sales
-
Larry Weiner
L
Seller's Agent in 2014
Larry Weiner
Flans & Weiner, Inc.
(818) 501-4888
279 Total Sales
-
O
Buyer's Agent in 2014
Out Of Area Southland
SOUTHLAND
-
N
Buyer's Agent in 2014
NoEmail NoEmail
SOUTHLAND
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23069438
APN: 6083-024-005
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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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