NOT LISTED FOR SALE

Estimated Value: $780,000 - $1,141,000

6 Beds
3 Baths
3,070 Sq Ft
$305/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $550,000 $179 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,618/month

165 Days on Market

About This Home

As of March 2018

GREAT OPPORTUNITY TO OWN A BIG DUPLEX IN THE CITY OF LOS ANGELES FOR FIRST TIME BUYER OR INVESTOR DOWNSTAIRS UNIT FEATURES 3 BEDROOMS 1 BATHROOMS UPSTAIRS UNIT 3 BEDROOMS 2 BATHROOM.

Last Agent to Sell the Property

Fernando Ortiz

Big Block Powerhouse Realty License #01737403 Listed on: 08/12/2017

Last Buyer's Agent

Fernando Ortiz

Big Block Powerhouse Realty License #01737403 Listed on: 08/12/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,789

Year Built

  • Built in 1929

Lot Details

  • 5,200 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • 3,070 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 26
  • Assessor Parcel Number 6030023009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $3,000
  • Fuel Expense $456
  • Insurance Expense $960
  • Trash Expense $2,400
  • Water Sewer Expense $2,400
  • New Taxes Expense $7,200
  • Operating Expense $16,416
  • Gross Income $3,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,789

Year Built

Built in 1929

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6030023009
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 179.15

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 2400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5200.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 3000.00
  • Fuel Expense: 456.00
  • Gross Income: 3700.00
  • Gross Scheduled Income: 3700.00
  • Insurance Expense: 960.00
  • 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: 16416.00

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Census Tract: 2398.02
  • Tax Lot: 8
  • Tax Tract Number: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2017
Closed on
Mar 9, 2018
Sold by
Shemirani Serina M
Bought by
Shemirani Arad
Seller's Agent
Fernando Ortiz
Big Block Powerhouse Realty
Buyer's Agent
Fernando Ortiz
Big Block Powerhouse Realty
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%
Current Estimated Value
$937,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,278
Avg. Annual Appreciation
7.35%
Original Mortgage
$412,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2017
Closed on
Feb 13, 2018
Sold by
Shemirani Alejandra
Bought by
Shemirani Vandad
Seller's Agent
Fernando Ortiz
Big Block Powerhouse Realty
Buyer's Agent
Fernando Ortiz
Big Block Powerhouse Realty
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2017
Closed on
Jan 29, 2018
Sold by
Ochoa Vidal Banegas
Bought by
Shemirani Arad and Shemirani Vandad
Seller's Agent
Fernando Ortiz
Big Block Powerhouse Realty
Buyer's Agent
Fernando Ortiz
Big Block Powerhouse Realty
List Price
$585,000
Sold Price
$550,000
Premium/Discount to List
-$35,000
-5.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2010
Sold by
Nmc Properties Inc
Bought by
Banegas Vidal and Aguirre Narciso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,054
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Nmc Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2007
Sold by
Avila Margarito
Bought by
Deutsche Bank National Trust Co and Imh Assets Corp Collateralized Asset Bac

Purchase Details

Closed on
Dec 16, 2003
Sold by
Hud
Bought by
Avila Margarito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 14, 2003
Sold by
Farias Guadalupe
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jun 18, 1999
Sold by
Slint Properties Inc
Bought by
Farias Guadalupe and Farias Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,329
Interest Rate
7.64%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 14, 1998
Sold by
Contreras Miller Carmen
Bought by
Miller John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 1, 1998
Sold by
Hfta First Financial Corp
Bought by
Miller John C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.86%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 9, 1998
Sold by
Johnson Major
Bought by
Hfta First Financial Corp and Transamerica Financial Services

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.86%
Mortgage Type
Construction
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
Shemirani Arad -- Orange Coast Title Company
Shemirani Vandad -- Orange Coast Title Company
Shemirani Arad $550,000 Orange Coast Title Company
Banegas Vidal $295,000 Lawyers Title
Nmc Properties Inc $175,000 None Available
Deutsche Bank National Trust Co $453,923 Lsi Title Fnds Division
Avila Margarito $359,000 Ticor Title Company
Citimortgage Inc $307,091 First American Title Co
Farias Guadalupe $265,500 First American Title Co
Miller John C -- Fidelity National Title
Miller John C $140,000 Fidelity National Title Co
Hfta First Financial Corp $140,626 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shemirani Arad $412,500
Previous Owner Banegas Vidal $291,054
Previous Owner Nmc Properties Inc $170,000
Previous Owner Avila Margarito $287,000
Previous Owner Farias Guadalupe $263,329
Previous Owner Miller John C $164,000
Closed Avila Margarito $53,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $550,000 -1.6% $179 / Sq Ft
01/24/2018 01/24/18 Pending -- -- --
01/22/2018 01/22/18 Price Changed $559,000 -1.1% $182 / Sq Ft
09/12/2017 09/12/17 Price Changed $565,000 -3.4% $184 / Sq Ft
08/12/2017 08/12/17 For Sale $585,000 -- $191 / 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 $7,789 $625,801 $369,792 $256,009
2024 $7,789 $613,532 $362,542 $250,990
2023 $7,643 $601,503 $355,434 $246,069
2022 $7,294 $589,710 $348,465 $241,245
2021 $7,192 $578,148 $341,633 $236,515
2019 $6,981 $561,000 $331,500 $229,500
2018 $5,302 $424,849 $146,229 $278,620
2016 $5,038 $408,352 $140,551 $267,801
2015 $4,966 $402,219 $138,440 $263,779
2014 $4,991 $394,341 $135,729 $258,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS17186788

California Regional Multiple Listing Service (CRMLS)

APN: 6030-023-009