NOT LISTED FOR SALE

247 E 84th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $825,000 - $986,318

5 Beds
4 Baths
2,161 Sq Ft
$418/Sq Ft Est. Value

Last Sold February 24, 2020

Last sale price $665,000 $308 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,467/month

79 Days on Market

Highlights

  • Forced Air Heating System
  • Ceiling Fan
  • 1-Story Property

About This Home

As of February 2020

ATTENTION ALL INVESTORS!!!! MUST SEE!! This totally renovated 2-unit w/ Bonus property is an INVESTORS DREAM. L.A. county tax assessor's records provide current permitted conversion from SFR to 2-units, including increased square footage from 743 to 2161 sf, to accommodate the 3 bedroom/1 bath (downstairs unit) 2-bdrm, 1 bath (upstairs unit), plus the bachelor unit . Open, on-site parking for approximately 5 vehicles. All units will be delivered VACANT at close of escrow, giving the buyer opportunity to determine rents for each unit. Each unit is equipped with remodeled kitchens & baths, new windows, flooring, heating units, etc. This property can be the buyer's home and income, or a total income producing investment. Priced to sell immediately!! Easy to show.

Last Agent to Sell the Property

Carolyn Flournoy

Carolyn Flournoy Realty License #00527104 Listed on: 09/30/2019

Last Buyer's Agent

Alex Sanchez

Jason Mitchell Real Estate CA License #01734841

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 5,200

Interior Spaces

  • 2,161 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • 5 Parking Spaces
  • Driveway

Additional Features

  • 5,200 Sq Ft Lot
  • Accessory Dwelling Unit (ADU)
  • Forced Air Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6030-012-020

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2161
  • Stories: 1
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 312.36

Exterior Features

  • Other Structures: Accessory Dwelling Unit
  • Tennis Court Y/N: No
  • Construction: stucco
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 5

Utilities

  • Cooling: Ceiling Fan
  • Heating: Forced Air

Lot Info

  • Assessed Improvement Value: 31686
  • Assessed Land Value: 126748
  • Assessor Parcel Number: 6030-012-020
  • Geocode Override: No
  • Lot Size Area: 5200

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Jan 10, 2020
Sold by
Iddrissu Hassan and S P Family Trust
Bought by
Provenza Adrian A
Seller's Agent
Carolyn Flournoy
Carolyn Flournoy Realty
Buyer's Agent
Alex Sanchez
Jason Mitchell Real Estate CA
List Price
$675,000
Sold Price
$665,000
Premium/Discount to List
-$10,000
-1.48%
Current Estimated Value
$903,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,580
Avg. Annual Appreciation
5.35%
Original Mortgage
$631,750
Outstanding Balance
$558,176
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$345,404

Purchase Details

Closed on
Nov 14, 2018
Sold by
Bridges Ricky Darnell
Bought by
Sp Family Trust

Purchase Details

Closed on
Dec 22, 2017
Sold by
1St Pinnacle Capita and Bridg B
Bought by
1Stpi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Gold Km K and Gold Bradley
Bought by
Bridges Ricky Darnell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
3.88%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Provenza Adrian A $665,000 Fidelity Natl Ttl Co Long Be
Sp Family Trust $450,000 None Available
1Stpi -- --
Bridges Ricky Darnell $150,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Provenza Adrian A $631,750
Previous Owner 1Stpi --
Previous Owner Bridges Ricky Darnell $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2020 02/24/20 Sold $665,000 -1.5% $308 / Sq Ft
12/27/2019 12/27/19 For Sale $675,000 0.0% $312 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $675,000 -- $312 / Sq Ft
Source: The MLS

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 $8,904 $727,271 $492,139 $235,132
2024 $8,904 $713,012 $482,490 $230,522
2023 $8,734 $699,032 $473,030 $226,002
2022 $8,331 $685,326 $463,755 $221,571
2021 $8,223 $671,889 $454,662 $217,227
2020 $7,852 $627,300 $321,300 $306,000
2019 $7,545 $615,000 $315,000 $300,000
2018 $3,384 $276,358 $129,282 $147,076
2016 $1,915 $155,328 $124,263 $31,065
2015 $1,887 $152,996 $122,397 $30,599
2014 $1,901 $150,000 $120,000 $30,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carolyn Flournoy

    Carolyn Flournoy Realty

    (404) 401-8955

    3 Total Sales

    Carolyn Flournoy
    Section Image
  • Alex Sanchez

    Buyer's Agent in 2020

    Alex Sanchez

    Jason Mitchell Real Estate CA

    (562) 239-8819

    58 Total Sales

    Alex Sanchez
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-516836

The MLS

APN: 6030-012-020

California Los Angeles County Los Angeles 90003 Florence

247 E 84th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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