NOT LISTED FOR SALE

Estimated Value: $1,190,000 - $1,327,169

4 Beds
2 Baths
1,916 Sq Ft
$657/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $700,000 $365 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,239/month

11 Days on Market

Highlights

  • Laundry Room
  • Eagle Rock High School Rated A
  • Wall Furnace

About This Home

As of December 2016

2 units in a highly sought after upcoming N.E.L.A. neighborhood. Units will be vacant at COE, in the meantime PLEASE DO NOT DISTURB TENANTS!!
This 1,916 square foot multi-family home sits on a 4,370 square foot lot and features 2- 2 bedroom 1 bath units. Nearby schools include St Bernard Elementary School, Glassell Park Elementary School and Ribet Academy. 2471 West Avenue 32 is near Rio de Los Angeles State Park State Recreational Area, Marsh Park and Elysian Valley Gateway Park.

Last Agent to Sell the Property

Cesar Garcia

MERIT REALTY GROUP License #01226816 Listed on: 09/07/2016

MERIT REALTY GROUP

Last Buyer's Agent

Scott Harvey

Figure 8 Realty License #01963157

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,819

Year Built

  • Built in 1922

Lot Details

  • 4,370 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,916 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Additional Features

  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 4724
  • Assessor Parcel Number 5456002031

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,819

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5456002031
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 365.34

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Washer Hookup

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4370.00
  • Price Per Lot Square Foot: 165.88

Multi Family

  • Gross Income: 3600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 4724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
Walzman Michael
Bought by
2471 W Avenue 32 Llc
Current Estimated Value
$1,172,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$301,150
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$957,142

Purchase Details

Closed on
May 6, 2020
Sold by
Walzman Michael
Bought by
2471 W Avenue 32 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,450
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2016
Closed on
Jan 18, 2017
Sold by
Walzman Michael
Bought by
2471 W Avenue 32 Llc
Seller's Agent
Cesar Garcia
MERIT REALTY GROUP
Buyer's Agent
Scott Harvey
Figure 8 Realty
List Price
$724,900
Sold Price
$700,000
Premium/Discount to List
-$24,900
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 12, 2016
Sold by
Haro Carlos
Bought by
Walzman Michael
Seller's Agent
Cesar Garcia
MERIT REALTY GROUP
Buyer's Agent
Scott Harvey
Figure 8 Realty
List Price
$724,900
Sold Price
$700,000
Premium/Discount to List
-$24,900
-3.43%

Purchase Details

Closed on
Aug 17, 2015
Sold by
Haro Carlos
Bought by
Haro Carlos and Haro Marie Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2014
Sold by
Haro Marie Cruz
Bought by
Haro Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.23%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jun 26, 2011
Sold by
Haro Carlos
Bought by
Haro Carlos and Haro Marie Cruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,500
Interest Rate
4.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2006
Sold by
Haro Maricruz
Bought by
Haro Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1996
Sold by
Rodriguez Calistro R
Bought by
Haro Carlos and Haro Maricruz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,264
Interest Rate
8.11%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
2471 W Avenue 32 Llc -- Fidelity National Title
Walzman Michael -- Fidelity National Title
2471 W Avenue 32 Llc -- Fidelity National Title
Walzman Michael -- Fidelity National Title
2471 W Avenue 32 Llc -- None Available
Walzman Michael $700,000 Lawyers Title
Haro Carlos -- Lawyers Title
Haro Carlos -- Ticor Title
Haro Carlos -- Lawyers Title
Haro Carlos -- Landsafe Title
Haro Carlos $143,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walzman Michael $330,000
Previous Owner Walzman Michael $216,450
Previous Owner Haro Carlos $261,000
Previous Owner Haro Carlos $750,000
Previous Owner Haro Carlos $191,500
Previous Owner Haro Carlos $224,000
Previous Owner Hard Carlos $92,000
Previous Owner Haro Carlos $156,000
Previous Owner Haro Carlos $141,264
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $700,000 0.0% $365 / Sq Ft
09/22/2016 09/22/16 Price Changed $699,900 -3.4% $365 / Sq Ft
09/18/2016 09/18/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $724,900 -- $378 / 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 $9,819 $812,404 $568,684 $243,720
2024 $9,819 $796,476 $557,534 $238,942
2023 $9,629 $780,859 $546,602 $234,257
2022 $9,180 $765,549 $535,885 $229,664
2021 $9,063 $750,539 $525,378 $225,161
2020 $9,154 $742,844 $519,991 $222,853
2019 $8,791 $728,280 $509,796 $218,484
2018 $8,729 $714,000 $499,800 $214,200
2016 $2,426 $197,412 $103,177 $94,235
2015 $2,391 $194,448 $101,628 $92,820
2014 $2,410 $190,640 $99,638 $91,002
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB16197081

California Regional Multiple Listing Service (CRMLS)

APN: 5456-002-031