NOT LISTED FOR SALE

312 E 62nd St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $724,000 - $944,071

3 Beds
2 Baths
1,590 Sq Ft
$515/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $406,500 $256 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,115/month

187 Days on Market

Highlights

  • 1-Story Property
  • North Facing Home
  • 4-minute walk to Avalon and Gage Park

About This Home

As of November 2018

Court Date set for 09/10/2018.Time 8:30amDept 67Case # 17STPB08254Superior Court of California111 N. Hill StLACA 90012Minimum overbid is $399,500 Cashiers check only payable to the estate of Doris Stewart Gray Investors and Home Buyers alike! Welcome to this wonderful opportunity to own a duplex in Los Angeles. All items left behind in the house to be hauled away by buyer. This will not last! Court confirmation required subject to overbid in court. 10% EMD

Last Agent to Sell the Property

Obie Nwabuzor

Pacific Playa Realty License #02020522 Listed on: 03/07/2018

Pacific Playa Realty

Last Buyer's Agent

Vilma Flores

Calhomes Realty License #01312943

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,245

Year Built

  • Built in 1923

Lot Details

  • 5,402 Sq Ft Lot
  • North Facing Home

Home Design

  • Duplex

Interior Spaces

  • 1,590 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Utilities

  • Heat Pump System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6006-021-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,245

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1590
  • Probate: Yes
  • Year Built: 1923
  • Number Of Photos: 2
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 238.36

Exterior Features

  • Direction Faces: North
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Cooling: Heat Pump(s)

Lot Info

  • Assessed Improvement Value: 19058
  • Assessed Land Value: 22922
  • Assessor Parcel Number: 6006-021-013
  • Geocode Override: No
  • Lot Size Area: 5402

Rental Info

  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2022
Sold by
Cyprus Kip C and Cyprus Amy L
Bought by
Cyprus Kip C and Cyprus Amy L
Current Estimated Value
$819,018

Purchase Details

Closed on
Mar 16, 2020
Sold by
Cyprus Kip C and Cyprus Amy L
Bought by
Cyprus Kip C and Cyprus Amy L

Purchase Details

Listed on
Mar 7, 2018
Closed on
Oct 3, 2018
Sold by
Gray Janine M and Estate Of Doris Stewart Gray
Bought by
Cyprus Kip C and Cyprus Amy L
Seller's Agent
Obie Nwabuzor
Pacific Playa Realty
Buyer's Agent
Vilma Flores
Calhomes Realty
List Price
$379,000
Sold Price
$406,500
Premium/Discount to List
$27,500
7.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$491,000
Interest Rate
4.7%
Mortgage Type
Construction
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
Cyprus Kip C -- --
Cyprus Kip C -- Accommodation
Cyprus Kip C $406,500 Fidelity Nationa Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cyprus Kip C $455,000
Previous Owner Cyprus Kip C $491,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2018 11/08/18 Sold $406,500 +7.3% $256 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
03/07/2018 03/07/18 For Sale $379,000 -- $238 / Sq Ft
Source: The MLS

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 $8,245 $671,058 $462,978 $208,080
2024 $8,245 $657,900 $453,900 $204,000
2023 $8,089 $645,000 $445,000 $200,000
2022 $6,769 $551,073 $298,534 $252,539
2021 $6,679 $540,269 $292,681 $247,588
2020 $6,712 $414,630 $289,680 $124,950
2019 $2,835 $216,274 $148,199 $68,075
2018 $650 $42,819 $23,380 $19,439
2016 $601 $41,158 $22,473 $18,685
2015 $594 $40,541 $22,136 $18,405
2014 $609 $39,748 $21,703 $18,045
Source: Public Records

Agents Affiliated with this Home

  • Obie Nwabuzor

    Seller's Agent in 2018

    Obie Nwabuzor

    Pacific Playa Realty

    (310) 200-4649

    157 Total Sales

    Obie Nwabuzor
    Section Image

  • V

    Buyer's Agent in 2018

    Vilma Flores

    Calhomes Realty

See All Agents

Map

Source: The MLS

MLS Number: 18-320828

The MLS

APN: 6006-021-013

California Los Angeles County Los Angeles 90003 Florence

312 E 62nd St, Los Angeles, CA

This home is located at 312 E 62nd St, Los Angeles, CA 90003 since 07 March 2018 and is currently estimated at $819,018, approximately $515 per square foot. This property was built in 1923. 312 E 62nd St is a home located in Los Angeles County with nearby schools including Mary McLeod Bethune Middle School, Academy For Multiligual Arts And Science At Mervyn M. Dymally High, and Aspire Slauson Academy.

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