NOT LISTED FOR SALE

Estimated Value: $672,000 - $825,871

4 Beds
2 Baths
1,669 Sq Ft
$449/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $470,000 $282 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,627/month

14 Days on Market

Highlights

  • Craftsman Architecture
  • Beamed Ceilings
  • Laundry Room
  • No HOA
  • Living Room
  • Ceiling Fan

About This Home

As of September 2018

Charming Craftsman Bungalow, Property features 2 separate houses on 1 lot, each unit consisting of 2 bedroom and 1 bath, the homes having many attributes typical of a Bungalow such as built-in Cabinetry, Cast Iron bathtub with legs, prominent wide open porches. This is a great opportunity for an owner/tenant or landlord. Property is 2 miles from USC, close to LA and all major freeways.

Last Agent to Sell the Property

IRENE LOPEZ

HomeLife Platinum Realty License #01126918 Listed on: 07/19/2018

Last Buyer's Agent

IRENE LOPEZ

HomeLife Platinum Realty License #01126918 Listed on: 07/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,486

Year Built

  • Built in 1929

Lot Details

  • 5,219 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,669 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Living Room
  • Vinyl Flooring
  • Formica Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Parking Lot
  • Off-Street Parking

Location

  • Suburban Location

Utilities

  • Floor Furnace
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for cable TV, electricity, grounds care, gas, telephone
  • Tax Lot 10
  • Assessor Parcel Number 5109009009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $1,000
  • Water Sewer Expense $700
  • New Taxes Expense $5,563
  • Operating Expense $8,193

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,486

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 700.00
  • Zoning: LAR2
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 5109009009
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Formica Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Levels: One
  • Price Per Square Foot: 281.61
  • Room Type: All Bedrooms Down, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level
  • Lot Size Sq Ft: 5219.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Grounds Care, Gas, Telephone

Multi Family

  • Insurance Expense: 1000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Drapes: 1
  • Rent Control: Yes
  • Total Expenses: 8192.50

Tax Info

  • New Taxes Expense: 5562.50
  • Tax Census Tract: 2293.00
  • Tax Lot: 10
  • Tax Tract Number: Sparke

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Aug 8, 2018
Sold by
Robertson Robert and Robertson Joan
Bought by
Interiano Jose I Menendez and Morejon Sandra M
Seller's Agent
IRENE LOPEZ
HomeLife Platinum Realty
Buyer's Agent
IRENE LOPEZ
HomeLife Platinum Realty
List Price
$445,000
Sold Price
$470,000
Premium/Discount to List
$25,000
5.62%
Current Estimated Value
$749,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,968
Avg. Annual Appreciation
6.88%
Original Mortgage
$352,500
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Interiano Jose I Menendez $470,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menendez Interiano Jose I $130,000
Open Interiano Jose I Menendez $381,700
Closed Interiano Jose I Menendez $366,000
Closed Interiano Jose I Menendez $352,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $470,000 +5.6% $282 / Sq Ft
08/02/2018 08/02/18 Pending -- -- --
08/02/2018 08/02/18 For Sale $445,000 -5.3% $267 / Sq Ft
07/31/2018 07/31/18 Off Market $470,000 -- --
07/19/2018 07/19/18 For Sale $445,000 -- $267 / 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 $6,486 $524,289 $356,964 $167,325
2024 $6,486 $514,010 $349,965 $164,045
2023 $6,363 $503,932 $343,103 $160,829
2022 $6,071 $494,052 $336,376 $157,676
2021 $5,993 $484,366 $329,781 $154,585
2020 $6,050 $479,400 $326,400 $153,000
2019 $5,816 $470,000 $320,000 $150,000
2018 $2,135 $159,781 $66,600 $93,181
2016 $2,026 $153,578 $64,015 $89,563
2015 $1,999 $151,272 $63,054 $88,218
2014 $2,018 $148,309 $61,819 $86,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18174542

California Regional Multiple Listing Service (CRMLS)

APN: 5109-009-009