NOT LISTED FOR SALE

Estimated Value: $546,000 - $685,000

1 Bed
1 Bath
1,216 Sq Ft
$497/Sq Ft Est. Value

Last Sold August 19, 2021

Last sale price $450,000 $370 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,783/month

25 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Carpet
  • Wall Furnace
  • No HOA

About This Home

As of August 2021

Great Investment Opportunity, this duplex in the City of Los Angeles is centrally located close to Los Angeles Down Town, freeways and public transportation nearby.

Last Agent to Sell the Property

Teresa Lemus

Excellence RE Real Estate License #01787335 Listed on: 03/19/2021

Excellence RE Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 3,640 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 1,216 Sq Ft Home
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Bathroom

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • Source of electricity is unknown
  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities, electricity, gas
  • Legal Lot and Block 13 / 3
  • Tax Tract Number 2267
  • Assessor Parcel Number 5128013012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,400
  • New Taxes Expense $6,250
  • Operating Expense $9,850
  • Gross Income $27,780
  • Net Operating Income $30,055

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LARD1.5
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5128013012
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 370.07
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - Unknown
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size: 3,639 SF
  • Lot Size Sq Ft: 3640.00
  • Lot Size Acres: 0.0836

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Gross Income: 27780.00
  • Gross Operating Income: 27780.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 3640.0000 Square Feet
  • Net Operating Income: 30055.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 5945.00
  • Rent Control: Yes
  • Total Expenses: 9850.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 6250.00
  • Tax Block: 3
  • Tax Census Tract: 2267.00
  • Tax Lot: 13
  • Tax Tract Number: 2267

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2021 08/19/21 Sold $450,000 -14.3% $370 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/19/2021 03/19/21 For Sale $524,900 -- $432 / 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 $5,957 $477,543 $424,483 $53,060
2024 $5,898 $468,180 $416,160 $52,020
2023 $5,786 $459,000 $408,000 $51,000
2022 $5,520 $450,000 $400,000 $50,000
2021 $1,733 $124,793 $48,527 $76,266
2020 $1,745 $123,514 $48,030 $75,484
2019 $1,685 $121,093 $47,089 $74,004
2018 $1,615 $118,719 $46,166 $72,553
2016 $1,533 $114,111 $44,374 $69,737
2015 $1,513 $112,398 $43,708 $68,690
2014 $1,531 $110,197 $42,852 $67,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21053308

California Regional Multiple Listing Service (CRMLS)

APN: 5128-013-012