NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,369,000

4 Beds
2 Baths
2,740 Sq Ft
$407/Sq Ft Est. Value

Last Sold April 29, 2013

Last sale price $450,000 $164 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $6,462/month

30 Days on Market

Highlights

  • View of Hills
  • Traditional Architecture
  • Laundry Room
  • Abraham Lincoln High School Rated A
  • No HOA
  • Stone Flooring

About This Home

As of April 2013

Beautiful newly remodeled two houses on a lot in Los Angeles ready for move in today! One house fronts on Ballard and the other fronts to Budau making them feel like completely separate residences. Located on a quiet hillside street in the scenic neighborhood of El Sereno, both houses boast gorgeous new hardwood laminate flooring throughout the spacious living rooms! Both newly remodeled chef’s kitchens complete with new cabinets and stunning new granite counters. The pristine newly remodeled bathrooms feature new tile floors, elegant new vanities, and beautiful new shower/bathtubs. The Budau property also features a wood-burning fireplace in the living room and master bedroom! And the Ballard property features a cozy dining area with a peaceful view overlooking the neighboring hillside! Both houses have attached garages and indoor laundry areas. Brand new carpet in the bedrooms; freshly painted interior/exterior; Located within minutes of the 10, 710, Cal State LA Metro Link Station, El Sereno Recreation Center, Ascot Hills Park, and Downtown. This property is an incredible owner/investor opportunity that will not last long so come stop by today!!!

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 02/21/2013

Last Buyer's Agent

Sandra Ramirez

Realty Source, Inc License #01361791

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,924

Year Built

  • Built in 1947

Lot Details

  • 5,427 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Stucco Fence
  • Front Yard Sprinklers

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,740 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Views of Hills
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection, water
  • Tax Lot 73
  • Tax Tract Number 7477
  • Assessor Parcel Number 5217006007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $4,200
  • Net Operating Income $50,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,924

Year Built

Built in 1947

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Other Phone Number: 860-640-3040
  • Property Attached: No
  • View: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5217006007
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Stone
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 164.23
  • Room Type: Living Room

Exterior Features

  • View: Hills
  • Fencing: Stucco Wall, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 5427.00
  • Lot Size Acres: 0.1250

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 4200.00
  • Gross Scheduled Income: 50400.00
  • Lot Size Area: 5427.0000 Square Feet
  • Net Operating Income: 50400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 73
  • Tax Tract Number: 7477
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2020
Sold by
Qwader Ektimal
Bought by
Qwader Ektimal Subhi and The Ektimal Subhi Qwader Livin
Current Estimated Value
$1,114,361

Purchase Details

Listed on
Feb 21, 2013
Closed on
Mar 27, 2013
Sold by
West Ridge Rentals Llc
Bought by
Qwader Ektimal
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Sandra Ramirez
Realty Source, Inc
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.59%
Original Mortgage
$360,000
Outstanding Balance
$253,834
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$860,527

Purchase Details

Closed on
May 15, 2012
Sold by
Rangel Erick and Chavez Mary
Bought by
West Ridge Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.79%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 15, 1999
Sold by
Diaz Mike
Bought by
Rangel Erick and Chavez Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,455
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 30, 1998
Sold by
Romero Ana
Bought by
Diaz Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,455
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 19, 1998
Sold by
Household Bank Fsb
Bought by
Diaz Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,455
Interest Rate
6.7%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 1998
Sold by
Quintero Salvador B and Quintero Yvonne R
Bought by
Household Bank Fsb

Purchase Details

Closed on
Aug 2, 1994
Sold by
Quintero Salvador B
Bought by
Quintero Salvador B and Quintero Yvonne R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.65%
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
Qwader Ektimal Subhi -- None Available
Qwader Ektimal $450,000 Fidelity National Title Co
West Ridge Rentals Llc $240,000 Fidelity National Title Co
Rangel Erick $229,000 United Title
Diaz Mike -- Progressive Title Company
Diaz Mike $135,000 Progressive Title Company
Household Bank Fsb $155,853 American Title Co
Quintero Salvador B -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qwader Ektimal $360,000
Closed West Ridge Rentals Llc $100,000
Previous Owner West Ridge Rentals Llc $0
Previous Owner Rangel Erick $227,455
Previous Owner Diaz Mike $159,000
Previous Owner Quintero Salvador B $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2013 04/29/13 Sold $450,000 0.0% $164 / Sq Ft
03/06/2013 03/06/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $449,900 -- $164 / 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 $6,924 $554,131 $344,794 $209,337
2024 $6,924 $543,267 $338,034 $205,233
2023 $6,795 $532,615 $331,406 $201,209
2022 $6,486 $522,172 $324,908 $197,264
2021 $6,395 $511,935 $318,538 $193,397
2020 $6,371 $506,686 $315,272 $191,414
2019 $6,126 $496,752 $309,091 $187,661
2018 $6,034 $487,013 $303,031 $183,982
2016 $5,743 $468,104 $291,265 $176,839
2015 $5,660 $461,073 $286,890 $174,183
2014 $5,687 $452,042 $281,271 $170,771
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13015615

California Regional Multiple Listing Service (CRMLS)

APN: 5217-006-007