NOT LISTED FOR SALE

Estimated Value: $510,000 - $656,433

3 Beds
2 Baths
1,018 Sq Ft
$603/Sq Ft Est. Value

Last Sold August 25, 2015

Last sale price $275,000 $270 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $3,522/month

106 Days on Market

About This Home

As of August 2015

Two Units property, 2 bedrooms, 1 bath and 1 bedroom and 1 bath. Property needs TLC great for first time buyers or Investors.

Last Agent to Sell the Property

Juan Valdez

Realty Masters & Associates License #01856504 Listed on: 01/26/2015

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 5,221 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 1,018 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 11
  • Tax Tract Number 26
  • Assessor Parcel Number 6030021011

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 $2,000
  • Insurance Expense $750
  • Trash Expense $280
  • Water Sewer Expense $2,640
  • New Taxes Expense $3,710
  • Gross Income $22,248
  • Net Operating Income $12,268

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 2640.00
  • Property Type: Residential Income
  • Parcel Number: 6030021011
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 270.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 280.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 5221.00
  • Price Per Lot Square Foot: 52.67
  • Lot Size Acres: 0.1200

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Electric Expense: 2000.00
  • Gross Income: 22248.00
  • Gross Scheduled Income: 22248.00
  • Insurance Expense: 750.00
  • Lot Size Area: 5221.0000 Square Feet
  • Net Operating Income: 12268.00
  • 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: 9980.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3710.00
  • Tax Lot: 11
  • Tax Tract Number: 26
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Aug 13, 2015
Sold by
Alvarez Flora Gomez
Bought by
Delos Santos Diaz Ronis and Contreras Rosa
Seller's Agent
Juan Valdez
Realty Masters & Associates
Buyer's Agent
Keller Williams Realty Los Feliz
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Current Estimated Value
$614,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,108
Avg. Annual Appreciation
8.02%
Original Mortgage
$270,019
Outstanding Balance
$213,016
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$401,092

Purchase Details

Closed on
Jul 28, 2003
Sold by
Chavez Altelmo
Bought by
Alvarez Flora Gomez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1996
Sold by
Chavez Antelmo
Bought by
Chavez Antelmo and Chavez Luisa E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Delos Santos Diaz Ronis $275,000 Ticor Title Co
Alvarez Flora Gomez $165,000 Ticor Title Company
Chavez Antelmo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delos Santos Diaz Ronis $270,019
Previous Owner Alvarez Flora Gomez $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2015 08/25/15 Sold $275,000 -1.8% $270 / Sq Ft
05/12/2015 05/12/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $279,900 -- $275 / 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 $4,112 $325,537 $142,051 $183,486
2024 $4,112 $319,155 $139,266 $179,889
2023 $4,036 $312,898 $136,536 $176,362
2022 $3,853 $306,763 $133,859 $172,904
2021 $3,805 $300,749 $131,235 $169,514
2019 $3,695 $291,831 $127,344 $164,487
2018 $3,609 $286,110 $124,848 $161,262
2016 $3,445 $275,000 $120,000 $155,000
2015 $2,495 $195,186 $92,269 $102,917
2014 $2,515 $191,363 $90,462 $100,901
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15018367

California Regional Multiple Listing Service (CRMLS)

APN: 6030-021-011