NOT LISTED FOR SALE

2706 Darwin Ave Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $898,000 - $1,470,000

4 Beds
4 Baths
2,814 Sq Ft
$408/Sq Ft Est. Value

Last Sold February 11, 2015

Last sale price $545,000 $194 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $6,719/month

32 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Level Lot
  • Abraham Lincoln High School Rated A

About This Home

As of February 2015

DON'T MISS THIS ONE!!!! FOUR UNITS, ONE BED ROOM ONE BATH EACH WITH THEIR OWN ONE CAR GARAGE PLUS ONE PARKING SPACE. GREAT LOCATION CLOSE TO DOWNTOWN LA, FREEWAY SYSTEM, STORES, HOSPITALS! TAKE ADVANTAGE OF THIS RARE OPPORTUNITY IN AN UP-AND-COMING-NEIGHBORHOOD!

Last Agent to Sell the Property

IRMA HERNANDEZ

SOUTH POINTE PROPERTIES License #01315492 Listed on: 10/16/2014

Last Buyer's Agent

IRMA HERNANDEZ

SOUTH POINTE PROPERTIES License #01315492 Listed on: 10/16/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,333

Year Built

  • Built in 1955

Lot Details

  • 8,517 Sq Ft Lot
  • No Common Walls
  • Brick Fence
  • Level Lot

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 2,814 Sq Ft Home
  • Bungalow
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Sewer Paid

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 14
  • Assessor Parcel Number 5210009019

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $1,834
  • Gross Income $2,995
  • Net Operating Income $28,506

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,333

Year Built

Built in 1955

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 626-483-4117
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5210009019
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 193.67

Exterior Features

  • Fencing: Brick
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 8517.00
  • Lot Size Acres: 0.1960

Multi Family

  • Gross Income: 2995.00
  • Gross Scheduled Income: 35940.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 8517.0000 Square Feet
  • Net Operating Income: 28506.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 7434.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 1834.00
  • Tax Lot: 13
  • Tax Tract Number: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2016
Sold by
Pantazis George
Bought by
Ag Agape I Llc
Current Estimated Value
$1,148,880

Purchase Details

Closed on
Feb 16, 2016
Sold by
Pantazis Georgios
Bought by
Ag Agape I Llc

Purchase Details

Closed on
Jan 23, 2014
Sold by
Cardenas Maria G
Bought by
Pantazis George and Pantazis Alexandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,750
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2002
Sold by
Cardenas Roberto S and Cardenas Maria O
Bought by
Cardenas Roberto S
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
Ag Agape I Llc -- None Available
Ag Agape I Llc -- Old Republic Title Company
Pantazis Georgios -- Old Republic Title Company
Pantazis George $545,000 American Title Company
Cardenas Roberto S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pantazis George $408,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2015 02/11/15 Sold $545,000 +90885.0% $194 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
10/16/2014 10/16/14 For Sale $599 -- $0 / 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 $8,333 $655,000 $480,737 $174,263
2024 $8,333 $642,158 $471,311 $170,847
2023 $8,180 $629,568 $462,070 $167,498
2022 $7,816 $617,224 $453,010 $164,214
2021 $7,712 $605,123 $444,128 $160,995
2019 $7,492 $587,177 $430,956 $156,221
2018 $7,312 $575,664 $422,506 $153,158
2016 $6,976 $553,311 $406,100 $147,211
2015 $1,800 $118,975 $33,313 $85,662
2014 $1,834 $116,645 $32,661 $83,984
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2015

    IRMA HERNANDEZ

    SOUTH POINTE PROPERTIES

    (626) 483-4117

    7 Total Sales

    IRMA HERNANDEZ
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14223460

California Regional Multiple Listing Service (CRMLS)

APN: 5210-009-019

California Los Angeles County Los Angeles 90031 Lincoln Heights

2706 Darwin Ave, Los Angeles, CA

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