NOT LISTED FOR SALE

2702 Queen St Los Angeles, CA 90039

Elysian Valley Neighborhood

Estimated Value: $872,000 - $1,246,000

4 Beds
3 Baths
1,663 Sq Ft
$648/Sq Ft Est. Value

Last Sold May 14, 2019

Last sale price $730,000 $439 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,786/month

4 Days on Market

Highlights

  • Private Pool
  • Traditional Architecture
  • No HOA
  • John Marshall Senior High Rated A
  • Wood Flooring
  • Laundry Room

About This Home

As of May 2019

Come see this home with lots of potential, will need some TLC and sold in "AS IS" condition. Property is priced to sell quickly. Front house features approx. 1177 sq. ft. of living space with 3 bedrooms and 1 bath. Back house is 1 bedroom and 1 bath, with a small back yard approx. 486 sq. ft. Cannot go FHA. Buyer must satisfy themselves with permits. CASH OFFERS ONLY OR PRIVATE FINANCING.

Last Agent to Sell the Property

Alfredo Cabrera

Real Estate Solutions And Lending Services License #01205148 Listed on: 04/01/2019

Last Buyer's Agent

David Cho

JC Realty & Investment Co. License #01985809

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,567

Year Built

  • Built in 1940

Lot Details

  • 5,454 Sq Ft Lot
  • Lot Dimensions are 40 x 136
  • No Common Walls
  • Chain Link Fence
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation

Interior Spaces

  • 1,663 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Pool

  • Private Pool

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 119
  • Tax Tract Number 3416
  • Assessor Parcel Number 5442011025

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Fuel Expense $800
  • Insurance Expense $900
  • Trash Expense $600
  • Water Sewer Expense $800
  • New Taxes Expense $2,933
  • Operating Expense $4,800
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,567

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Other Phone Description: 562-440-5252
  • Other Phone Number: 562-440-5252
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 800.00
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5442011025
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Entry Location: front of home
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 438.97
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Features: Private
  • Pool Private: Yes
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size: 40 x 136
  • Lot Size Sq Ft: 5454.00
  • Lot Size Acres: 0.1252

Multi Family

  • Average1 Bed Area: 486 Square Feet
  • Average3 Bed Area: 1177 Square Feet
  • Electric Expense: 1200.00
  • Fuel Expense: 800.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5454.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Expenses: 4800.00

Tax Info

  • New Taxes Expense: 2933.00
  • Tax Census Tract: 1872.00
  • Tax Lot: 119
  • Tax Tract Number: 3416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2021
Sold by
Bautista Michael E and Bautista Wanda W
Bought by
Bautista Michael E and Bautista Wanda W
Current Estimated Value
$1,077,092

Purchase Details

Listed on
Apr 1, 2019
Closed on
Apr 9, 2019
Sold by
Herrera Adam and Herrera Raquel
Bought by
Bautista Michael Edward and Bautista Wanda W
Seller's Agent
Alfredo Cabrera
Real Estate Solutions And Lending Services
Buyer's Agent
David Cho
JC Realty & Investment Co.
List Price
$773,000
Sold Price
$730,000
Premium/Discount to List
-$43,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%
Original Mortgage
$518,000
Outstanding Balance
$454,525
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$579,542

Purchase Details

Closed on
Aug 14, 2012
Sold by
Herrera Adam and Herrera Rafael
Bought by
Herrera Adam and Herrera Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2003
Sold by
Herrera Adam and Herrera Raquel
Bought by
Herrera Adam and Herrera Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 1997
Sold by
Herrera L Beatriz
Bought by
Herrera Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.19%

Purchase Details

Closed on
Jan 11, 1996
Sold by
Herrera Rafael
Bought by
Herrera Rafael and Herrera Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,478
Interest Rate
7.25%
Mortgage Type
Assumption
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
Bautista Michael E -- None Available
Bautista Michael B -- None Available
Bautista Michael Edward $730,000 Orange Coast Title
Herrera Adam -- Title365 Company
Herrera Adam -- Fidelity National Title
Herrera Rafael -- Benefit Land Title Company
Herrera Rafael -- American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bautista Michael Edward $518,000
Previous Owner Herrera Adam $200,000
Previous Owner Herrera Adam $30,000
Previous Owner Herrera Adam $210,000
Previous Owner Herrera Rafael $136,000
Previous Owner Herrera Rafael $130,000
Previous Owner Herrera Rafael $16,478
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2019 05/14/19 Sold $730,000 -5.6% $439 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $773,000 -- $465 / 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 $12,567 $1,026,273 $390,429 $635,844
2024 $12,567 $1,006,151 $382,774 $623,377
2023 $12,323 $986,423 $375,269 $611,154
2022 $11,747 $967,082 $367,911 $599,171
2021 $11,601 $948,121 $360,698 $587,423
2020 $11,715 $938,400 $357,000 $581,400
2019 $3,008 $224,850 $148,913 $75,937
2018 $2,923 $220,443 $145,994 $74,449
2016 $2,778 $211,885 $140,326 $71,559
2015 $2,740 $208,704 $138,219 $70,485
2014 $2,772 $204,617 $135,512 $69,105
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2019

    Alfredo Cabrera

    Real Estate Solutions And Lending Services

    (562) 440-5252

    10 Total Sales

    Alfredo Cabrera
    Section Image

  • D

    Buyer's Agent in 2019

    David Cho

    JC Realty & Investment Co.

    (213) 761-4298

    16 Total Sales

    David Cho
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19074113

California Regional Multiple Listing Service (CRMLS)

APN: 5442-011-025

California Los Angeles County Los Angeles 90039 Elysian Valley

2702 Queen St, Los Angeles, CA

This home is located at 2702 Queen St, Los Angeles, CA 90039 since 01 April 2019 and is currently estimated at $1,077,092, approximately $647 per square foot. This property was built in 1940. 2702 Queen St is a home located in Los Angeles County with nearby schools including Allesandro Elementary, Irving STEAM Magnet School, and John Marshall Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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