NOT LISTED FOR SALE

Estimated Value: $559,000 - $891,608

2 Beds
2 Baths
960 Sq Ft
$686/Sq Ft Est. Value

Last Sold March 22, 2022

Last sale price $465,000 $484 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,084/month

11 Days on Market

About This Home

As of March 2022

Live in one, rent the other for income. Beautiful and WELL LOCATED property perfect for a new owner and get rent income help. Or for a new investor trying for the very first time Real Estate Investment. San Pedro & 65th St is great location near everything, coffee stores, schools, supermarkets, stores, bus stop, Frwys and just a few minutes from downtown Los Angeles.

Last Agent to Sell the Property

Mario Fuentes

Balboa Realty License #01147119 Listed on: 01/10/2022

Last Buyer's Agent

Mario Fuentes

Balboa Realty License #01147119 Listed on: 01/10/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1924

Lot Details

  • 2,978 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • Off-Street Parking

Home Design

  • 960 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 34 / 9
  • Tax Tract Number 2393
  • Assessor Parcel Number 6006017033
  • $230 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Water Sewer Expense $1,800
  • Operating Expense $2,400
  • Gross Income $11,212
  • Net Operating Income $8,812

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,965

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Price Per Unit: 232500
  • Property Attached: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 6006017033
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 484.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 2978.00
  • Lot Size Acres: 0.0684

Multi Family

  • Gross Income: 11212.30
  • Gross Scheduled Income: 11212.00
  • Insurance Expense: 600.00
  • Lot Size Area: 2978.0000 Square Feet
  • Net Operating Income: 8812.30
  • 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
  • Total Expenses: 2400.00
  • Vacancy Allowance Rate: 25.00

Tax Info

  • Tax Block: 9
  • Tax Census Tract: 2393.30
  • Tax Lot: 34
  • Tax Tract Number: 2393.3
  • TaxOtherAnnualAssessmentAmount: 230.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 9, 2022
Sold by
Blanca Mccarty
Bought by
Mcdowell Sandra D and Merriweather Shannon M
Seller's Agent
Mario Fuentes
Balboa Realty
Buyer's Agent
Mario Fuentes
Balboa Realty
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$658,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,402
Avg. Annual Appreciation
9.73%
Original Mortgage
$456,577
Outstanding Balance
$425,577
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$214,354

Purchase Details

Listed on
Jan 10, 2022
Closed on
Feb 8, 2022
Sold by
Blanca Mccarty
Bought by
Mccarty Blanca
Seller's Agent
Mario Fuentes
Balboa Realty
Buyer's Agent
Mario Fuentes
Balboa Realty
List Price
$465,000
Sold Price
$465,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,577
Outstanding Balance
$425,577
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$214,354

Purchase Details

Closed on
Apr 14, 2004
Sold by
Hud
Bought by
Fuentes Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2004
Sold by
Chase Manhattan Mortgage Corp
Bought by
Hud

Purchase Details

Closed on
Sep 11, 2003
Sold by
Ortiz Karina M
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Jul 8, 2002
Sold by
Rodriguez Maria E
Bought by
Ortiz Karina M and Ramos Esmeralda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,249
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2000
Sold by
Mcgee John W
Bought by
Rodriguez Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,400
Interest Rate
8.3%
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
Mcdowell Sandra D $465,000 Corinthian Title
Mccarty Blanca -- Corinthian Title
Fuentes Blanca -- --
Hud -- First American Title Ins Co
Chase Manhattan Mortgage Corp $190,037 First American Title Ins Co
Ortiz Karina M -- United Title Company
Rodriguez Maria E $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdowell Sandra D $80,900
Open Mcdowell Sandra D $456,577
Previous Owner Fuentes Blanca $194,750
Previous Owner Ortiz Karina M $175,249
Previous Owner Rodriguez Maria E $101,500
Previous Owner Rodriguez Maria E $77,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $465,000 0.0% $484 / Sq Ft
03/01/2022 03/01/22 Off Market $465,000 -- --
03/01/2022 03/01/22 For Sale $465,000 0.0% $484 / Sq Ft
02/07/2022 02/07/22 Off Market $465,000 -- --
01/21/2022 01/21/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $465,000 -- $484 / 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 $5,965 $493,460 $392,646 $100,814
2024 $5,965 $483,786 $384,948 $98,838
2023 $5,934 $474,300 $377,400 $96,900
2022 $3,441 $274,641 $100,475 $174,166
2021 $3,397 $269,256 $98,505 $170,751
2019 $3,298 $261,272 $95,584 $165,688
2018 $3,230 $256,150 $93,710 $162,440
2016 $3,082 $246,205 $90,072 $156,133
2015 $3,039 $242,508 $88,720 $153,788
2014 $3,060 $237,759 $86,983 $150,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22004269

California Regional Multiple Listing Service (CRMLS)

APN: 6006-017-033