Seller's Agent in 2020
Yossmira Hernandez
First Family Homes
(562) 417-2653
2 in this area
4 Total Sales
257 E 43rd Place Los Angeles, CA 90011
Historic South Central NeighborhoodEstimated Value: $1,167,000 - $1,459,000
10
Beds
8
Baths
3,600
Sq Ft
$360/Sq Ft
Est. Value
Highlights
- Property is near a park
- Neighborhood Views
- Park
- No HOA
- Cooling System Powered By Gas
- Laundry Room
About This Home
As of September 2020*** CAP RATE OVER 6.0% for a newer construction. This duplex was built in 2015.
2 Addresses (257 & 259 E 43 rd Pl) , 2 Separate entrances, 2 in car garage at back; Detached.
Each building has 5 Bedrooms and 4 Bathrooms, Total of 10 bed/8 bath.
Units come with custom wood cabinets, granite counter tops, Laundry room, security camera system and more.The property also features separate Electricity, Gas and Water meters for each unit. Tenants can pay for ALL their utilities.
This Duplex is an excellent investment and easy to manage with low maintenance costs. Conveniently located minutes away from USC, Close to the New Soccer Stadium minutes from DTLA, parks, schools, convenient stores and Freeways 110 & 10.
Please do not disturb tenants.
Call agent to book appointment for private showings.
Last Agent to Sell the Property
First Family Homes License #02051747 Listed on: 08/26/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,554
Year Built
- Built in 2015
Lot Details
- 5,400 Sq Ft Lot
- Two or More Common Walls
- Wrought Iron Fence
- Privacy Fence
- Wood Fence
- Block Wall Fence
- Fence is in good condition
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Duplex
Interior Spaces
- 3,600 Sq Ft Home
- 1-Story Property
- Family Room
- Neighborhood Views
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- All Upper Level Bedrooms
- 8 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Washer and Gas Dryer Hookup
Utilities
- Cooling System Powered By Gas
- Central Air
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 66
- Assessor Parcel Number 5113019022
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Park
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,000
- New Taxes Expense $12,000
- Operating Expense $13,000
- Gross Income $91,200
- Net Operating Income $67,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 26, 2020
Closed on
Sep 10, 2020
Sold by
Santos Jose Javier Portillo
Bought by
Nguyen Hai
Seller's Agent
Yossmira Hernandez
First Family Homes
Buyer's Agent
Julie Olsen
Olsen Realty
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
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
$347,335
Avg. Annual Appreciation
6.50%
Original Mortgage
$712,000
Outstanding Balance
$634,716
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$662,619
Purchase Details
Closed on
Oct 27, 2017
Sold by
Castilo Marcos A
Bought by
Santos Jose Javier Portillo
Purchase Details
Listed on
Nov 23, 2015
Closed on
Dec 14, 2015
Sold by
The Budget Acquisition Inc
Bought by
Castillo Marcos A and Rivera Rosa
Seller's Agent
Herbert Medrano
First Family Homes
Buyer's Agent
Herbert Medrano
First Family Homes
List Price
$650,000
Sold Price
$630,000
Premium/Discount to List
-$20,000
-3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$602,563
Interest Rate
3.94%
Mortgage Type
FHA
Purchase Details
Listed on
Jun 9, 2015
Closed on
Jul 30, 2015
Sold by
Allen Roscoe
Bought by
The Budget Acquisition Inc
Seller's Agent
ROBIN JOHNSON
REALTY MASTERS & ASSOCIATES
Buyer's Agent
ROBIN JOHNSON
REALTY MASTERS & ASSOCIATES
List Price
$230,000
Sold Price
$220,000
Premium/Discount to List
-$10,000
-4.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
795.18%
Original Mortgage
$300,000
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 15, 2006
Sold by
Allen Roscoe
Bought by
Allen Roscoe and Allen Renee C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
8.2%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 2005
Sold by
Harris Karen D
Bought by
Allen Roscoe
Purchase Details
Closed on
Jul 15, 2002
Sold by
Allen Roscoe
Bought by
Allen Roscoe and Harris Karen D
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 |
|---|---|---|---|
| Nguyen Hai | $950,000 | First American Title | |
| Santos Jose Javier Portillo | -- | First American Title | |
| Santos Jose Javier Portillo | -- | None Available | |
| Castillo Marcos A | $630,000 | Western Resources Title Co | |
| The Budget Acquisition Inc | $220,000 | Orange Coast Title Company | |
| Allen Roscoe | -- | Orange Coast Title Company | |
| Allen Roscoe | -- | Orange Coast Title Company | |
| Allen Roscoe | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nguyen Hai | $712,000 | |
| Previous Owner | Castillo Marcos A | $602,563 | |
| Previous Owner | The Budget Acquisition Inc | $300,000 | |
| Previous Owner | Budget Acquisition Company | $300,000 | |
| Previous Owner | Allen Roscoe | $329,875 | |
| Previous Owner | Allen Roscoe | $253,000 | |
| Previous Owner | Allen Roscoe | $134,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2020 09/24/20 | Sold | $950,000 | -17.4% | $264 / Sq Ft |
| 09/23/2020 09/23/20 | Pending | -- | -- | -- |
| 08/26/2020 08/26/20 | For Sale | $1,150,000 | +82.5% | $319 / Sq Ft |
| 01/27/2016 01/27/16 | Sold | $630,000 | -3.1% | $174 / Sq Ft |
| 01/27/2016 01/27/16 | Pending | -- | -- | -- |
| 11/23/2015 11/23/15 | For Sale | $650,000 | +195.5% | $179 / Sq Ft |
| 08/03/2015 08/03/15 | Sold | $220,000 | -4.3% | $192 / Sq Ft |
| 06/13/2015 06/13/15 | Pending | -- | -- | -- |
| 06/09/2015 06/09/15 | For Sale | $230,000 | 0.0% | $200 / Sq Ft |
| 05/21/2015 05/21/15 | Price Changed | $230,000 | 0.0% | $200 / Sq Ft |
| 01/03/2015 01/03/15 | Pending | -- | -- | -- |
| 12/31/2014 12/31/14 | For Sale | $230,000 | -- | $200 / 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 | $12,554 | $1,028,306 | $565,027 | $463,279 |
| 2024 | $12,554 | $1,008,145 | $553,949 | $454,196 |
| 2023 | $12,314 | $988,379 | $543,088 | $445,291 |
| 2022 | $11,745 | $969,000 | $532,440 | $436,560 |
| 2021 | $11,588 | $950,000 | $522,000 | $428,000 |
| 2020 | $9,908 | $790,704 | $416,160 | $374,544 |
| 2019 | $9,522 | $775,200 | $408,000 | $367,200 |
| 2018 | $9,427 | $760,000 | $400,000 | $360,000 |
| 2017 | $7,993 | $642,600 | $255,000 | $387,600 |
| 2016 | $2,788 | $220,000 | $176,000 | $44,000 |
| 2015 | $430 | $22,183 | $13,439 | $8,744 |
| 2014 | $442 | $21,749 | $13,176 | $8,573 |
Source: Public Records
Agents Affiliated with this Home
-
Yossmira Hernandez
-
Julie Olsen
Buyer's Agent in 2020
Julie Olsen
Olsen Realty
(949) 382-1413
1 in this area
41 Total Sales
-
Herbert Medrano
Seller's Agent in 2016
Herbert Medrano
First Family Homes
14 Total Sales
-
ROBIN JOHNSON
R
Seller's Agent in 2015
ROBIN JOHNSON
REALTY MASTERS & ASSOCIATES
(951) 329-9119
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW20176018
APN: 5113-019-022
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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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