Seller's Agent in 2024
Jeanet Salazar
First Team Real Estate
(323) 356-3638
5 in this area
173 Total Sales
305 E 138th St Los Angeles, CA 90061
Estimated Value: $709,000 - $913,541
2
Beds
1
Bath
2,050
Sq Ft
$398/Sq Ft
Est. Value
Highlights
- Corner Lot
- 2 Car Garage
- 1-Story Property
- Park
- Back and Front Yard
About This Home
As of June 2024Welcome to 305 E 138th St, Los Angeles, CA! This fantastic duplex offers an exceptional opportunity for both homeowners and investors alike. Situated on a corner lot, this property boasts a spacious layout and a prime location in the heart of Los Angeles.
Each unit features 2 bedrooms and 1 bathroom, providing comfortable living spaces for residents. With separate entrances and individual one-car garages for each unit, privacy and convenience are ensured. The property's R2 zoning and expansive 8300 sqft lot offer endless potential, including the possibility of adding an additional dwelling unit (ADU) for extra income or extended family living.
Whether you're an owner-occupant seeking rental income or a savvy investor looking to expand your portfolio, this property offers the perfect blend of versatility and value. The ample backyard space provides a rare oasis in the city, ideal for outdoor relaxation and entertainment.!
Last Agent to Sell the Property
First Team Real Estate Brokerage Phone: 323-356-3638 License #01473287 Listed on: 04/30/2024
Co-Listed By
J A T S Enterprises, Inc. Brokerage Phone: 323-356-3638 License #02113789
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1949
Lot Details
- 8,312 Sq Ft Lot
- No Common Walls
- Corner Lot
- Rectangular Lot
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
- Side Facing Garage
- Two Garage Doors
- Driveway Level
- Parking Lot
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,050 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Additional Features
- Urban Location
- Private Water Source
Listing and Financial Details
- Tax Lot 101
- Tax Tract Number 14662
- Assessor Parcel Number 6131007025
- $1,203 per year additional tax assessments
Community Details
Overview
- 2 Units
Recreation
- Park
Building Details
- Rent Control
- 2 Separate Electric Meters
- Electric Expense $2,040
- Fuel Expense $456
- Insurance Expense $1,500
- Trash Expense $540
- Water Sewer Expense $552
- Operating Expense $5,088
- Gross Income $27,600
- Net Operating Income $21,552
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2024
Closed on
Jun 4, 2024
Sold by
Bought by
Seller's Agent
Jeanet Salazar
First Team Real Estate
Buyer's Agent
Rose Wendy Davis
Coldwell Banker Res Brokerage
List Price
$699,999
Sold Price
$775,000
Premium/Discount to List
$75,001
10.71%
Views
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,885
Avg. Annual Appreciation
2.50%
Original Mortgage
$581,250
Outstanding Balance
$572,010
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$242,875
Purchase Details
Listed on
Apr 30, 2024
Closed on
May 17, 2024
Sold by
Bought by
Seller's Agent
Jeanet Salazar
First Team Real Estate
Buyer's Agent
Rose Wendy Davis
Coldwell Banker Res Brokerage
List Price
$699,999
Sold Price
$775,000
Premium/Discount to List
$75,001
10.71%
Views
32
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Outstanding Balance
$572,010
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$242,875
Purchase Details
Closed on
Mar 30, 2018
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 2018
Sold by
Bought by
Purchase Details
Closed on
May 23, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2003
Sold by
Bought by
Purchase Details
Closed on
Jun 8, 1999
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,956
Interest Rate
7.4%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $775,000 | Homelight Title | ||
| $775,000 | Homelight Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Accommodation | ||
| -- | Gateway Title Company | ||
| -- | -- | ||
| $157,000 | Gateway Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $581,250 | ||
| Closed | $581,250 | ||
| Previous Owner | $295,000 | ||
| Previous Owner | $155,956 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2024 06/11/24 | Sold | $775,000 | +10.7% | $378 / Sq Ft |
| 05/10/2024 05/10/24 | Pending | -- | -- | -- |
| 04/30/2024 04/30/24 | For Sale | $699,999 | -- | $341 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,860 | $790,500 | $612,000 | $178,500 |
| 2024 | $9,696 | $707,472 | $520,200 | $187,272 |
| 2023 | $3,877 | $231,914 | $118,174 | $113,740 |
| 2022 | $3,723 | $227,367 | $115,857 | $111,510 |
| 2021 | $3,672 | $222,910 | $113,586 | $109,324 |
| 2019 | $3,572 | $216,521 | $110,218 | $106,303 |
| 2018 | $3,429 | $212,280 | $108,057 | $104,223 |
| 2016 | $3,272 | $203,827 | $103,862 | $99,965 |
| 2015 | $3,220 | $200,766 | $102,302 | $98,464 |
| 2014 | $3,220 | $196,835 | $100,299 | $96,536 |
Source: Public Records
Agents Affiliated with this Home
-
Jeanet Salazar
-
Julio Martinez
J
Seller Co-Listing Agent in 2024
Julio Martinez
J A T S Enterprises, Inc.
(562) 965-6663
2 in this area
45 Total Sales
-
Rose Wendy Davis
Buyer's Agent in 2024
Rose Wendy Davis
Coldwell Banker Res Brokerage
(310) 480-5660
2 in this area
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW24086683
APN: 6131-007-025
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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