NOT LISTED FOR SALE

Estimated Value: $657,000 - $805,602

5 Beds
2 Baths
1,306 Sq Ft
$536/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $612,000 $469 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,335/month

49 Days on Market

About This Home

As of July 2023

!!!! PRICE REDUCED!!!!**HIGHLY MOTIVATED SELLER** Excellent investment Opportunity... One unit is 3 Bedrooms 1 Bath and the Second unit is 2-bedrooms 1-Bath sitting on a generously sized lot measuring approximately 5,764 sq. ft. Zoned LAR2 with a potential to expand to add an ADU /3rd rental unit(Buyer to Verify with the City of LA/Building and safety)Newer Roof, newer sliding wrought iron gate. There are separate Gas and Electrical meters, and one Main Water meter. Both units have plenty of front yard space. Centrally located close to freeways, shopping, schools and restaurants. Property profile shows one unit 3B-1B Second unit 2B-1B, Both units are Effectively functioning as 3-Bedrooms 2-baths structures. Buyer to verify all and any building permits. One of the tenant may be open to moving out and will consider relocation terms. Tenants are currently under Month-to-Month contracts.

Last Agent to Sell the Property

Jeannette Villegas

First Family Homes License #01763090 Listed on: 04/17/2023

Last Buyer's Agent

Valeria Jimenez

eXp Realty of Southern California, Inc License #02025869

eXp Realty of Southern California, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,629

Year Built

  • Built in 1962

Lot Details

  • 5,764 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Duplex

Interior Spaces

  • 1,306 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Driveway

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 2
  • Assessor Parcel Number 6031033028
  • $281 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $685
  • Water Sewer Expense $3,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,629

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Price Per Unit: 299500
  • Property Attached: Yes
  • Water Sewer Expenses: 3300.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6031033028
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 468.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 6.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5764.00
  • Lot Size Acres: 0.1323

Multi Family

  • Insurance Expense: 685.00
  • Lot Size Area: 5764.0000 Square Feet
  • 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

Tax Info

  • Tax Census Tract: 2397.01
  • Tax Lot: 78
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 281.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Feb 9, 2022
Sold by
Adline Onyenwe
Bought by
Haro Jorge and Haro Yolanda
Seller's Agent
Allen Splopuko
Montana Realty Services
Buyer's Agent
Jeannette Villegas
First Family Homes
List Price
$525,000
Sold Price
$550,000
Premium/Discount to List
$25,000
4.76%
Current Estimated Value
$699,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,651
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Jun 2, 2004
Sold by
Rodriguez Roger
Bought by
Onyenwe Adline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2003
Sold by
Jaramillo Adan
Bought by
Rodriguez Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2002
Sold by
Butler Brad
Bought by
Jaramillo Adan and Hernandez Everardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,601
Interest Rate
6.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 2001
Sold by
Whitney Victoria A
Bought by
Citifinancial Mtg Company Inc and Associates Financial Services

Purchase Details

Closed on
Mar 22, 2000
Sold by
Mayers Olive
Bought by
Whitney Victoria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,103
Interest Rate
8.38%

Purchase Details

Closed on
Oct 16, 1997
Sold by
Mayers Marian
Bought by
Mayers Olive
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
Haro Jorge $550,000 First American Title Company O
Onyenwe Adline $270,000 Lawyers Title
Rodriguez Roger $255,000 Oct
Jaramillo Adan $220,000 American Title Co
Citifinancial Mtg Company Inc $158,900 --
Whitney Victoria A $195,000 Northern Counties Title
Mayers Olive $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Onyenwe Adline $216,000
Previous Owner Rodriguez Roger $204,000
Previous Owner Jaramillo Adan $216,601
Previous Owner Whitney Victoria A $179,103
Closed Rodriguez Roger $51,000
Closed Onyenwe Adline $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2023 07/26/23 Sold $612,000 +2.2% $469 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/09/2023 05/09/23 Price Changed $599,000 -3.2% $459 / Sq Ft
04/17/2023 04/17/23 For Sale $619,000 +12.5% $474 / Sq Ft
03/23/2022 03/23/22 Sold $550,000 +4.8% $421 / Sq Ft View Prior Sale
02/06/2022 02/06/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $525,000 -- $402 / 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 $7,629 $624,240 $489,600 $134,640
2024 $7,629 $612,000 $480,000 $132,000
2023 $7,016 $561,000 $428,400 $132,600
2022 $4,415 $354,633 $151,045 $203,588
2021 $4,357 $347,681 $148,084 $199,597
2019 $4,230 $337,371 $143,693 $193,678
2018 $4,167 $330,757 $140,876 $189,881
2016 $3,977 $317,914 $135,406 $182,508
2015 $3,921 $313,140 $133,373 $179,767
2014 $3,945 $307,007 $130,761 $176,246
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23064032

California Regional Multiple Listing Service (CRMLS)

APN: 6031-033-028