NOT LISTED FOR SALE

317 E 80th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $891,000 - $901,467

8 Beds
4 Baths
2,784 Sq Ft
$322/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $374,000 $134 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $5,170/month

107 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Formal Entry
  • Modern Architecture
  • Laundry Room
  • Central Air

About This Home

As of May 2013

Rent one live in the other. Standard Sale. This property features many new upgrades and amenities. Brazilian cherry floors, Travertine tile, new light fixtures, and accessible parking. Owner will pay a portion of the closing cost on approved offer.

Last Agent to Sell the Property

Jerome Spinner

Corcoran Global Living License #01806767 Listed on: 02/10/2013

Last Buyer's Agent

Jerome Spinner

Corcoran Global Living License #01806767 Listed on: 02/10/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1987

Lot Details

  • 5,126 Sq Ft Lot
  • No Common Walls
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Modern Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Composition Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 2,784 Sq Ft Home
  • 2-Story Property
  • Panel Doors
  • Formal Entry
  • Wood Flooring
  • Electric Oven

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Air
  • Wall Furnace
  • 220 Volts in Kitchen

Additional Features

  • Doors are 32 inches wide or more
  • Energy-Efficient Insulation
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 7
  • Tax Tract Number 26
  • Assessor Parcel Number 6030019007

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $100
  • Water Sewer Expense $200
  • Gross Income $2,200
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1987

Lot Details

0

Parking

1

Listing Details

  • Inclusions: everything
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 200.00
  • Zoning: lar2
  • Architectural Style: Modern
  • Property Type: Residential Income
  • Parcel Number: 6030019007
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Door Features: Panel Doors
  • Entry Level: 1
  • Levels: Multi/Split
  • Price Per Square Foot: 134.34
  • Room Type: Formal Entry

Exterior Features

  • Exterior Features: Lighting
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven
  • Electric: 220 Volts in Kitchen
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Urban

Green Features

  • Efficiency: Insulation

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5126.00
  • Lot Size Acres: 0.1180

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 100.00
  • Lot Size Area: 5126.0000 Square Feet
  • Net Operating Income: 23400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: Yes
  • Total Actual Rent: 4400.00

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 26
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2013
Sold by
White Diane
Bought by
532 W Olive Street Lp
Current Estimated Value
$896,367

Purchase Details

Closed on
Dec 11, 2009
Sold by
Spinner Jerome and White Latrice
Bought by
White Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2006
Sold by
Enterprise Home Ownership Partners Inc
Bought by
Spinner Jerome and White Latrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,671
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2005
Sold by
Hud
Bought by
Enterprise Home Ownership Partners Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,500
Interest Rate
5.56%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 9, 2004
Sold by
National City Mortgage Co
Bought by
Hud

Purchase Details

Closed on
Aug 28, 2001
Sold by
Mora Maria Yolanda
Bought by
National City Mtg Co

Purchase Details

Closed on
Nov 10, 1999
Sold by
Martinez Adrian
Bought by
Mora Maria Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,406
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 25, 1998
Sold by
Bankers Trust Company
Bought by
Martinez Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
7.06%

Purchase Details

Closed on
May 20, 1997
Sold by
Delgado Mario A and Union Capital Investment
Bought by
Bankers Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
532 W Olive Street Lp $374,500 Fatcola
White Diane $300,000 Stewart Title Of Ca Inc
Spinner Jerome $565,000 United Title Company
Enterprise Home Ownership Partners Inc $427,000 United Title Company
Hud -- First American Title Ins Co
National City Mtg Co $262,601 United Title Company
Mora Maria Yolanda $240,000 Chicago Title Co
Martinez Adrian $140,000 First Southwestern Title
Bankers Trust Company $149,052 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner White Diane $294,566
Previous Owner Spinner Jerome $476,671
Previous Owner Enterprise Home Ownership Partners Inc $213,500
Previous Owner Mora Maria Yolanda $238,406
Previous Owner Martinez Adrian $164,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2013 05/28/13 Sold $374,000 -2.9% $134 / Sq Ft
05/28/2013 05/28/13 Pending -- -- --
02/10/2013 02/10/13 For Sale $385,000 -- $138 / 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 $5,790 $461,155 $233,963 $227,192
2024 $5,790 $452,114 $229,376 $222,738
2023 $5,682 $443,250 $224,879 $218,371
2022 $5,423 $434,560 $220,470 $214,090
2021 $5,344 $426,041 $216,148 $209,893
2020 $5,393 $421,673 $213,932 $207,741
2019 $5,188 $413,406 $209,738 $203,668
2018 $5,134 $405,301 $205,626 $199,675
2016 $4,884 $389,565 $197,643 $191,922
2015 $4,815 $383,715 $194,675 $189,040
2014 $4,841 $376,199 $190,862 $185,337
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Jerome Spinner

    Corcoran Global Living

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13020247

California Regional Multiple Listing Service (CRMLS)

APN: 6030-019-007

California Los Angeles County Los Angeles 90003 Florence

317 E 80th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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