NOT LISTED FOR SALE

Estimated Value: $521,000 - $741,000

3 Beds
3 Baths
1,798 Sq Ft
$342/Sq Ft Est. Value

Last Sold October 29, 2024

Last sale price $580,000 $323 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,497/month

67 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • Accessible Parking
  • No HOA

About This Home

As of October 2024

WELCOME TO THIS CHARMING DUPLEX IN THE CITY OF LOS ANGELES. DON'T MISS THE OPPORTUNITY TO OWN THIS DUPLEX, GREAT RENTAL POTENCIAL. CENTRALLY LOCATED. WHETHER YOU 'RE AN INVESTOR OR A HOMEOWNER LOOKING TO RENT. THE MAIN HOUSE IS 2 BEDROOMS 2 BADROOMS, AND THE ONOTHER UNIT IS 1 BEDROOM AND ONE BATHROOM. EACH UNIT HAS A SEPARATE GAS AND ELECTRIC METER. GOOD LOCATION WITH 10 FWY AND 110 FWY NEARBY AND WITHIN MINUTES TO USC, DOWNTOWN LA, FASHION DISTRICT, RESTAURANTS & SHOPS. SOLD AS-IS CONDITION.

Last Agent to Sell the Property

Mercy Monroy

Excellence RE Real Estate, Inc. Brokerage Phone: 562-879-4277 License #01041725 Listed on: 06/20/2024

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Mercy Monroy

Excellence RE Real Estate, Inc. Brokerage Phone: 562-879-4277 License #01041725 Listed on: 06/20/2024

Excellence RE Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 2,877 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,798 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Accessible Home Design

  • Accessible Parking

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 23 / D
  • Tax Tract Number 2246
  • Assessor Parcel Number 5128004020
  • $635 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $12
  • Insurance Expense $950
  • Trash Expense $60
  • Water Sewer Expense $60
  • Operating Expense $1,082
  • Gross Income $1,200
  • Net Operating Income $1,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Ad Number: 562-879-4277
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Water Sewer Expenses: 60.00
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5128004020
  • Year Built: 1908
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Entry Level: 1
  • Price Per Square Foot: 322.58

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 2877.00
  • Lot Size Acres: 0.0660

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Electric Expense: 12.00
  • Gross Income: 1200.00
  • Gross Scheduled Income: 1200.00
  • Gross Spendable Income: 1200.00
  • Insurance Expense: 950.00
  • Lot Size Area: 2877.0000 Square Feet
  • Net Operating Income: 1200.00
  • 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 Carpet: 2
  • Number With Range: 1
  • Rent Control: No
  • Total Expenses: 1082.00

Tax Info

  • Tax Block: D
  • Tax Census Tract: 2246.00
  • Tax Lot: 23
  • Tax Tract Number: 2246
  • TaxOtherAnnualAssessmentAmount: 635.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Oct 22, 2024
Sold by
Rezaian Fateme
Bought by
Maplewood Management Llc
Seller's Agent
Mercy Monroy
Excellence RE Real Estate, Inc.
Buyer's Agent
Mercy Monroy
Excellence RE Real Estate, Inc.
List Price
$669,000
Sold Price
$580,000
Premium/Discount to List
-$89,000
-13.3%
Views
37
Current Estimated Value
$614,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,628
Avg. Annual Appreciation
5.08%
Original Mortgage
$435,000
Outstanding Balance
$430,296
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$184,332

Purchase Details

Listed on
Jun 20, 2024
Closed on
Oct 17, 2024
Sold by
Rea Virginia
Bought by
Rezaian Fateme
Seller's Agent
Mercy Monroy
Excellence RE Real Estate, Inc.
Buyer's Agent
Mercy Monroy
Excellence RE Real Estate, Inc.
List Price
$669,000
Sold Price
$580,000
Premium/Discount to List
-$89,000
-13.3%
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Outstanding Balance
$430,296
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$184,332

Purchase Details

Closed on
May 20, 2011
Sold by
Rea Virginia
Bought by
Rea Virginia

Purchase Details

Closed on
Apr 6, 2000
Sold by
Hernandez Daniel Chavez
Bought by
Rea Rigoberto

Purchase Details

Closed on
Sep 8, 1995
Sold by
Peoples Daisy
Bought by
Vasquez Miguel and Santos Leonel Vences

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,663
Interest Rate
7.47%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 1994
Sold by
Hernandez Daniel Chavez
Bought by
Rea Rigoberto

Purchase Details

Closed on
Oct 4, 1993
Sold by
Rea Rigoberto A
Bought by
Hernandez Daniel Chavez
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maplewood Management Llc -- None Listed On Document
Rezaian Fateme -- None Listed On Document
Rezaian Fateme $580,000 None Listed On Document
Rea Virginia -- None Available
Rea Rigoberto -- --
Vasquez Miguel $190,000 Title Land
Rea Rigoberto -- --
Hernandez Daniel Chavez -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rezaian Fateme $435,000
Previous Owner Vasquez Miguel $184,663
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2024 10/29/24 Sold $580,000 -7.8% $323 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $629,000 -6.0% $350 / Sq Ft
06/20/2024 06/20/24 For Sale $669,000 -- $372 / 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 $3,430 $580,000 $410,000 $170,000
2024 $3,430 $239,923 $74,968 $164,955
2023 $3,373 $235,220 $73,499 $161,721
2022 $3,235 $230,608 $72,058 $158,550
2021 $3,190 $226,088 $70,646 $155,442
2019 $3,106 $219,384 $68,551 $150,833
2018 $3,065 $215,083 $67,207 $147,876
2016 $2,880 $206,734 $64,599 $142,135
2015 $2,844 $203,629 $63,629 $140,000
2014 $2,862 $199,641 $62,383 $137,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24123915

California Regional Multiple Listing Service (CRMLS)

APN: 5128-004-020