NOT LISTED FOR SALE

333 E 68th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $633,000 - $838,000

3 Beds
2 Baths
1,534 Sq Ft
$484/Sq Ft Est. Value

Last Sold December 20, 2013

Last sale price $285,000 $186 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,247/month

26 Days on Market

Highlights

  • Great Room
  • Tile Flooring
  • Wall Furnace
  • Laundry Room

About This Home

As of December 2013

Do not disturb occupants- Your chance to own duplex on a tree lined street with a large lot in Los Angeles for under 300k!! Both units are tenant occupied and has the potential for great cashflow! 2 bedroom 1 bath craftsman style front house and 1 bedroom 1 bath in the back house according to public records. Property has been used a 2 bedroom 1 bath in the rear as well. This is your chance to own two houses for the price of one- Dont miss this opportunity!

Property may be subject to rent control ordinance in LA City. Buyer to verify. Property is under the jurisdiction of the LA Housing Department and the front unit is currently rented by a Section 8 tenant.

Last Agent to Sell the Property

Leah Hall

First Team Real Estate License #01815737 Listed on: 10/03/2013

First Team Real Estate

Last Buyer's Agent

MARTHA NIEVES

DYNASTY REAL ESTATE License #01711353

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,398

Year Built

  • Built in 1923

Lot Details

  • 5,400 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage

Interior Spaces

  • 1,534 Sq Ft Home
  • Great Room
  • Living Room with Fireplace

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Rain Gutters
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 6011012009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $420
  • Insurance Expense $900
  • Other Expense $202
  • Trash Expense $336
  • Water Sewer Expense $336
  • New Taxes Expense $4,398
  • Operating Expense $6,593
  • Gross Income $2,460
  • Net Operating Income $22,927

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,398

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 336.00
  • Property Type: Residential Income
  • Gardener Expense: 420.00
  • Parcel Number: 6011012009
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Fireplace Features: Living Room
  • Price Per Square Foot: 185.79
  • Room Type: Great Room, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Trash Expense: 336.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 2460.00
  • Gross Scheduled Income: 29520.00
  • Insurance Expense: 900.00
  • Lot Size Area: 5400.0000 Square Feet
  • Net Operating Income: 22927.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6593.00
  • Other Expense: 202.00
  • Other Expense Description: LAhousin
  • Rent Control: Yes
  • Total Expenses: 6593.00

Tax Info

  • New Taxes Expense: 4398.00
  • Tax Lot: 5
  • Tax Annual Amount: 4398.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Nov 5, 2013
Sold by
So June Andrew
Bought by
Hernandez Jose and Hernandez Mercedes
Seller's Agent
Leah Hall
First Team Real Estate
Buyer's Agent
MARTHA NIEVES
DYNASTY REAL ESTATE
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%
Current Estimated Value
$742,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$457,049
Avg. Annual Appreciation
8.28%
Original Mortgage
$185,250
Outstanding Balance
$137,600
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$604,449

Purchase Details

Closed on
Dec 15, 2009
Sold by
So Andrew
Bought by
So June Andrew

Purchase Details

Closed on
Oct 27, 2009
Sold by
So Kathy
Bought by
So June Andrew

Purchase Details

Closed on
Oct 1, 2009
Sold by
Garcia Gabriela
Bought by
So Andrew

Purchase Details

Closed on
Aug 1, 2008
Sold by
Garcia Gabriela
Bought by
So Andrew

Purchase Details

Closed on
Jun 22, 2008
Sold by
Garcia Gabriela
Bought by
Smith Sarah Lynn

Purchase Details

Closed on
Mar 14, 2006
Sold by
Garcia Rosa and Garcia Maria Estela
Bought by
Garcia Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2006
Sold by
Garcia Rosa
Bought by
Garcia Rosa and Garcia Maria Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
10.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Garcia Rafael E and Garcia Maria Estela
Bought by
Garcia Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.27%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez Jose $285,000 Chicago Title Company
So June Andrew -- Ticor Title Company
So June Andrew -- Ticor Title Company
So Andrew $185,805 Accommodation
So Andrew $96,475 None Available
Smith Sarah Lynn -- None Available
Garcia Gabriela -- Ortc
Garcia Rosa -- None Available
Garcia Rosa -- First American Title Co Los
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jose $185,250
Previous Owner Garcia Gabriela $300,000
Previous Owner Garcia Rosa $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2013 12/20/13 Sold $285,000 -1.7% $186 / Sq Ft
10/29/2013 10/29/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $289,900 -- $189 / 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 $4,436 $349,359 $220,649 $128,710
2024 $4,436 $342,510 $216,323 $126,187
2023 $4,354 $335,795 $212,082 $123,713
2022 $4,158 $329,212 $207,924 $121,288
2021 $4,102 $322,758 $203,848 $118,910
2020 $4,140 $319,449 $201,758 $117,691
2019 $3,984 $313,186 $197,802 $115,384
2018 $3,891 $307,046 $193,924 $113,122
2016 $3,709 $295,125 $186,395 $108,730
2015 $3,657 $290,693 $183,596 $107,097
2014 $3,680 $285,000 $180,000 $105,000
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Leah Hall

    First Team Real Estate

    (310) 980-0752

    9 Total Sales

    Leah Hall
    Section Image

  • M

    Buyer's Agent in 2013

    MARTHA NIEVES

    DYNASTY REAL ESTATE

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB13201447

California Regional Multiple Listing Service (CRMLS)

APN: 6011-012-009

California Los Angeles County Los Angeles 90003 Florence

333 E 68th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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