249 W 118th Place Los Angeles, CA 90061
Broadway-Manchester Neighborhood
2
Beds
1
Bath
771
Sq Ft
5,201
Sq Ft Lot
Highlights
- No HOA
- Living Room
- Back and Front Yard
- Neighborhood Views
- Laundry Room
- 1-Story Property
About This Home
As of June 2019RENOVATION READY!!! 2 bedroom, 1 bath fixer on a 5201 sq ft lot with 2 car detached garage. Endless possibilities to remodel, add on to existing home, and maybe even convert garage to an accessory dwelling unit (ADU) for extra income! House needs work and is sold AS-IS. Convenient location near 105 and 110 freeways, Metro Green Line, bus lines, and more. HUGE VALUE ADD POTENTIAL!
Last Agent to Sell the Property
Expert Real Estate & Investment License #01366389 Listed on: 08/21/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,833
Year Built
- Built in 1947
Lot Details
- 5,201 Sq Ft Lot
- Back and Front Yard
- Property is zoned LAR1
Parking
- 2 Car Garage
Interior Spaces
- 771 Sq Ft Home
- 1-Story Property
- Living Room
- Neighborhood Views
- Laundry Room
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Location
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 28
- Tax Tract Number 3039
- Assessor Parcel Number 6087015028
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 8, 2019
Closed on
May 13, 2019
Sold by
Valley Property Investors Llc
Bought by
Mendoza Manuel and Rodriguez Cristina
Seller's Agent
Billy Larsen
Real Broker
Buyer's Agent
Sergio Barajas
Omni Group Real Estate
List Price
$419,000
Sold Price
$417,000
Premium/Discount to List
-$2,000
-0.48%
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
$140,775
Avg. Annual Appreciation
6.17%
Original Mortgage
$90,000
Outstanding Balance
$79,453
Interest Rate
4.2%
Mortgage Type
Stand Alone Second
Estimated Equity
$523,648
Purchase Details
Listed on
Aug 21, 2018
Closed on
Sep 18, 2018
Sold by
Random Properties Acquisition Corp Iii
Bought by
Valley Property Investors Llc
Seller's Agent
Caroline Gim
Expert Real Estate & Investment
Buyer's Agent
Billy Larsen
Real Broker
List Price
$255,000
Sold Price
$290,000
Premium/Discount to List
$35,000
13.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.61%
Purchase Details
Closed on
May 29, 2018
Sold by
Monegan James H
Bought by
Random Properties Acquisition Corp Iii
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $417,000 | Fidelity National Title | |
| Grant Deed | $290,000 | Fidelity National Title | |
| Trustee Deed | $315,000 | Accommodation |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,000 | Stand Alone Second | |
| Open | $330,000 | New Conventional | |
| Previous Owner | $6,000,000 | Credit Line Revolving | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $65,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/18/2019 06/18/19 | Sold | $417,000 | -0.2% | $541 / Sq Ft |
| 04/18/2019 04/18/19 | Pending | -- | -- | -- |
| 04/05/2019 04/05/19 | Price Changed | $418,000 | -0.2% | $542 / Sq Ft |
| 03/19/2019 03/19/19 | For Sale | $419,000 | 0.0% | $543 / Sq Ft |
| 03/13/2019 03/13/19 | Pending | -- | -- | -- |
| 03/08/2019 03/08/19 | For Sale | $419,000 | +44.5% | $543 / Sq Ft |
| 09/27/2018 09/27/18 | Sold | $290,000 | +13.7% | $376 / Sq Ft |
| 09/11/2018 09/11/18 | Pending | -- | -- | -- |
| 08/21/2018 08/21/18 | For Sale | $255,000 | -- | $331 / 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 | $5,833 | $465,167 | $335,099 | $130,068 |
| 2024 | $5,833 | $456,047 | $328,529 | $127,518 |
| 2023 | $5,721 | $447,106 | $322,088 | $125,018 |
| 2022 | $5,462 | $438,340 | $315,773 | $122,567 |
| 2021 | $5,394 | $429,746 | $309,582 | $120,164 |
| 2019 | $1,519 | $290,000 | $232,000 | $58,000 |
| 2018 | $608 | $28,821 | $14,628 | $14,193 |
| 2017 | $591 | $28,257 | $14,342 | $13,915 |
| 2016 | $568 | $27,704 | $14,061 | $13,643 |
| 2015 | $558 | $27,289 | $13,850 | $13,439 |
| 2014 | $563 | $26,755 | $13,579 | $13,176 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2019
Billy Larsen
Real Broker
(949) 533-6648
83 Total Sales
-
S
Buyer's Agent in 2019
Sergio Barajas
Omni Group Real Estate
-
Seller's Agent in 2018
Caroline Gim
Expert Real Estate & Investment
(562) 861-4311
1 in this area
111 Total Sales
-
A
Seller Co-Listing Agent in 2018
Aurora Gim
Expert Real Estate & Investment
(800) 424-9622
1 in this area
113 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW18203667
APN: 6087-015-028
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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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