NOT LISTED FOR SALE

Estimated Value: $745,000 - $1,104,000

5 Beds
2 Baths
1,972 Sq Ft
$478/Sq Ft Est. Value

Last Sold April 03, 2017

Last sale price $575,000 $292 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,672/month

70 Days on Market

About This Home

As of April 2017

Two fully restored, spacious Spanish style units that boast the beauty and detail of 1920's design. Drought resistant landscaping throughout the large 8,373 sqft lot with lots of space for outdoor entertaining. Detached garage, alley access and plenty of parking. Just a short drive across the bridge to LA's highly sought after Art's District. Both units are vacant, remodeled and move in ready.

Last Agent to Sell the Property

CYNTHIA VIZCARRA

SOUTHERN CALIFORNIA HOMES License #01873213 Listed on: 12/07/2016

Co-Listed By

Juliana Maziarz

SOUTHERN CALIFORNIA HOMES License #01873212

Last Buyer's Agent

RAYMOND PRECIADO

EXCELLENCE RE REAL ESTATE License #01948270

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,314

Year Built

  • Built in 1922 | Remodeled

Lot Details

  • 8,373 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Back and Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,972 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2038
  • Assessor Parcel Number 5178020024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,314

Year Built

Built in 1922 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5178020024
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 291.58

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 8373.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2038.00
  • Tax Lot: 7
  • Tax Tract Number: 2038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2016
Closed on
Feb 17, 2017
Sold by
Vcd Corporation Inc
Bought by
Pereira Josue
Seller's Agent
CYNTHIA VIZCARRA
SOUTHERN CALIFORNIA HOMES
Buyer's Agent
RAYMOND PRECIADO
EXCELLENCE RE REAL ESTATE
List Price
$615,000
Sold Price
$575,000
Premium/Discount to List
-$40,000
-6.5%
Current Estimated Value
$941,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,912
Avg. Annual Appreciation
5.95%
Original Mortgage
$552,502
Outstanding Balance
$465,770
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$476,142

Purchase Details

Closed on
Nov 13, 2014
Sold by
Southard Marvin J and Estate Of Epifania Diaz Magana
Bought by
Vcd Corporation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2014
Sold by
Magana Rosa Maria Diaz
Bought by
Vcd Corporation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1993
Sold by
Magana Epifania Diaz and Magana Martin F
Bought by
Magana Epifania Diaz and Magana Rosa Maria Diaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,250
Interest Rate
7.09%
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
Pereira Josue $575,000 Fidelity National Title Co
Vcd Corporation Inc $150,500 None Available
Vcd Corporation Inc $150,500 Fidelity National Title Co
Magana Epifania Diaz -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pereira Josue $552,502
Previous Owner Vcd Corporation Inc $2,000,000
Previous Owner Vcd Corporation Inc $2,000,000
Previous Owner Magana Epifania Diaz $107,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $575,000 -6.5% $292 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
01/26/2017 01/26/17 Price Changed $615,000 0.0% $312 / Sq Ft
01/26/2017 01/26/17 For Sale $615,000 +7.0% $312 / Sq Ft
12/23/2016 12/23/16 Pending -- -- --
12/20/2016 12/20/16 For Sale $575,000 0.0% $292 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
12/07/2016 12/07/16 For Sale $575,000 -- $292 / 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 $8,314 $667,330 $446,823 $220,507
2024 $8,314 $654,246 $438,062 $216,184
2023 $8,158 $641,419 $429,473 $211,946
2022 $7,788 $628,843 $421,052 $207,791
2021 $7,688 $616,514 $412,797 $203,717
2020 $7,762 $610,194 $408,565 $201,629
2019 $7,464 $598,230 $400,554 $197,676
2018 $7,306 $586,500 $392,700 $193,800
2016 $4,416 $340,584 $224,832 $115,752
2015 $4,355 $335,469 $221,455 $114,014
2014 $3,497 $262,174 $157,642 $104,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16759626

California Regional Multiple Listing Service (CRMLS)

APN: 5178-020-024