NOT LISTED FOR SALE

3334 E 8th St Los Angeles, CA 90023

Estimated Value: $599,000 - $718,128

2 Beds
2 Baths
1,186 Sq Ft
$577/Sq Ft Est. Value

Last Sold September 18, 2018

Last sale price $450,000 $379 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,315/month

8 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Front Yard
  • Felicitas and Gonzalo Mendez High Rated A-

About This Home

As of September 2018

Two units each one has 1 bed 1 bath laundry room, parking space

Last Agent to Sell the Property

IMELDA CONTRERAS

Excellence RE Real Estate License #01459151 Listed on: 07/20/2018

Excellence RE Real Estate

Last Buyer's Agent

Julio Cruz

Excellence Homes & Estates RE License #01456969

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,052

Year Built

  • Built in 1910

Lot Details

  • 5,077 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 1,186 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 16
  • Tax Tract Number 4447
  • Assessor Parcel Number 5190023016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $150
  • Water Sewer Expense $150
  • New Taxes Expense $4,848
  • Operating Expense $6,048
  • Gross Income $3,200
  • Net Operating Income $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,052

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 150.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5190023016
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 379.43

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Natural Gas Available
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 150.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5077.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 3200.00
  • Gross Scheduled Income: 2000.00
  • Insurance Expense: 900.00
  • Net Operating Income: 3200.00
  • 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: 1200.00
  • Rent Control: Yes
  • Total Expenses: 6048.00

Tax Info

  • New Taxes Expense: 4848.00
  • Tax Census Tract: 2051.20
  • Tax Lot: 16
  • Tax Tract Number: 4447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 17, 2021
Sold by
Torres Nelson Gonzalez and Torres Miguel Gonzalez
Bought by
Torres Nelson Gonzalez
Current Estimated Value
$684,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,817
Outstanding Balance
$438,179
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$255,032

Purchase Details

Closed on
Oct 7, 2020
Sold by
Gonzalez Nelson and Gonzalez Miguel
Bought by
Torres Nelson Gonzalez and Torres Miguel Gonzalez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,962
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 20, 2018
Closed on
Sep 11, 2018
Sold by
Balderas Fidel
Bought by
Gonzalez Nelson and Gonzalez Miguel
Seller's Agent
IMELDA CONTRERAS
Excellence RE Real Estate
Buyer's Agent
Julio Cruz
Excellence Homes & Estates RE
List Price
$560,000
Sold Price
$450,000
Premium/Discount to List
-$110,000
-19.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$441,849
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 20, 2018
Closed on
Aug 16, 2018
Sold by
Gonzalez Carmen
Bought by
Gonzalez Miguel
Seller's Agent
IMELDA CONTRERAS
Excellence RE Real Estate
Buyer's Agent
Julio Cruz
Excellence Homes & Estates RE
List Price
$560,000
Sold Price
$450,000
Premium/Discount to List
-$110,000
-19.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2004
Sold by
Tello Celerina
Bought by
Balderas Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2004
Sold by
Golden Anthony
Bought by
Balderas Fidel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Golden Anthony and Rodriguez Antonio
Bought by
Golden Anthony
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
Torres Nelson Gonzalez -- California Best Title Co
Torres Nelson Gonzalez -- Lawyers Title
Gonzalez Nelson $450,000 Stewart Title Of California
Gonzalez Miguel -- Stewart Title Of California
Balderas Fidel -- Fidelity National Title Ins
Balderas Fidel $325,000 Fidelity National Title Ins
Golden Anthony -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Nelson Gonzalez $475,817
Closed Torres Nelson Gonzalez $462,962
Closed Gonzalez Nelson $441,849
Previous Owner Balderas Fidel $40,000
Previous Owner Balderas Fidel $353,000
Previous Owner Balderas Fidel $260,000
Closed Balderas Fidel $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $450,000 -19.6% $379 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
07/20/2018 07/20/18 For Sale $560,000 -- $472 / 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 $7,052 $571,921 $394,475 $177,446
2024 $7,052 $560,708 $386,741 $173,967
2023 $6,918 $549,714 $379,158 $170,556
2022 $6,601 $538,936 $371,724 $167,212
2021 $5,678 $463,755 $309,170 $154,585
2020 $5,732 $459,000 $306,000 $153,000
2019 $5,960 $450,000 $300,000 $150,000
2018 $4,958 $398,134 $245,006 $153,128
2017 $4,849 $390,328 $240,202 $150,126
2016 $4,735 $382,676 $235,493 $147,183
2015 $4,668 $376,929 $231,956 $144,973
2014 $4,693 $369,547 $227,413 $142,134
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18175325

California Regional Multiple Listing Service (CRMLS)

APN: 5190-023-016