Gerardo Morales
Equity Smart Real Estate Services
(323) 766-6330
19 Total Sales
2 in Florence
$755,000 Price Range
342 E 61st St Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $867,000 - $1,055,000
8
Beds
4
Baths
2,704
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Level Lot
- Back and Front Yard
- No HOA
- Wall Furnace
- 4-minute walk to Avalon and Gage Park
About This Home
As of August 2021Excellent Opportunity to own this great town home style duplex. Each unit consists of 4 Bedrooms and 2 Bathrooms. Long driveway leading up to a big back yard for plenty of parking. This units are very close to downtown LA, LAX, Banc of California Stadium, USC, LA convention center and the New Sofi Stadium. Great addition to your portfolio or your first investment property. See agents remarks for showing instructions.
Last Agent to Sell the Property
Coldwell Banker Envision License #01086376 Listed on: 07/29/2021
Last Buyer's Agent
Victor Zuniga
FIRST FAMILY HOMES License #02101601
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Lot Details
- 5,400 Sq Ft Lot
- No Common Walls
- No Landscaping
- Level Lot
- Back and Front Yard
Home Design
- Duplex
Interior Spaces
- 2,704 Sq Ft Home
- 2-Story Property
- Laundry Located Outside
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Parking Available
- Driveway
- Parking Lot
Location
- Property is near public transit
- Urban Location
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 28 / A
- Assessor Parcel Number 6006024006
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,000
- Water Sewer Expense $1,500
- New Taxes Expense $8,158
- Operating Expense $11,658
- Gross Income $69,600
- Net Operating Income $57,942
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 24, 2022
Sold by
Driven Investments Llc
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$841,218
Outstanding Balance
$764,877
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$197,498
Purchase Details
Listed on
Jul 29, 2021
Closed on
Aug 13, 2021
Sold by
Salinas Juan Amador
Bought by
Driven Investments Llc
Seller's Agent
Fernando Moreno
Coldwell Banker Envision
Buyer's Agent
Victor Zuniga
FIRST FAMILY HOMES
List Price
$750,000
Sold Price
$750,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.07%
Purchase Details
Closed on
Feb 21, 2006
Sold by
Amador Julia Leticia
Bought by
Salinas Juan Amador
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 8, 2006
Sold by
Sanchez Roberto A
Bought by
Arce & Associates Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 19, 2003
Sold by
Michie Sanchez Jill R
Bought by
Sanchez Roberto A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,350
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 18, 1995
Sold by
Arce & Associates Inc
Bought by
Sanchez Roberto
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Florence, CA
-
Gerardo Morales
-
Jasmin Duran
Jasmin Duran
Keller Williams Coastal Prop
(562) 262-8540
41 Total Sales
2 in Florence
$520,000 Price Range
-
Bryan Cruz
Bryan Cruz
Realty One Group United
(562) 608-3678
43 Total Sales
2 in Florence
$465K - $678K Price Range
-
Marlene Rodriguez
Marlene Rodriguez
M. R. & Associates
(424) 552-4665
56 Total Sales
1 in Florence
$485,000 Price
-
Mary Ann Garcia Berges
Mary Ann Garcia Berges
MyAgent Real Estate Group
(424) 788-0855
53 Total Sales
2 in Florence
$566,000 Price Range
-
Deanna Vela
Deanna Vela
eXp Realty of Southern Califor
(626) 507-9101
508 Total Sales
1 in Florence
$850,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $860,000 | Priority Title | ||
| Ramirez Gavino | -- | Priority Title | |
| Driven Investments Llc | $750,000 | Fidelity National Title | |
| Salinas Juan Amador | -- | Fidelity Van Nuys | |
| Arce & Associates Inc | -- | Fidelity Van Nuys | |
| Salinas Juan Amador | $565,000 | Fidelity Van Nuys | |
| Sanchez Roberto A | -- | Fidelity National Title Co | |
| Sanchez Roberto | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $841,218 | ||
| Previous Owner | Salinas Juan Amador | $452,000 | |
| Previous Owner | Arce & Associates Inc | $452,000 | |
| Previous Owner | Salinas Juan Amador | $113,000 | |
| Previous Owner | Sanchez Roberto A | $194,350 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2021 08/27/21 | Sold | $750,000 | 0.0% | $277 / Sq Ft |
| 08/09/2021 08/09/21 | Pending | -- | -- | -- |
| 07/29/2021 07/29/21 | For Sale | $750,000 | -- | $277 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $11,293 | $930,890 | $606,161 | $324,729 |
| 2025 | $11,293 | $912,638 | $594,276 | $318,362 |
| 2024 | $11,136 | $894,744 | $582,624 | $312,120 |
| 2023 | $10,923 | $877,200 | $571,200 | $306,000 |
| 2022 | $9,136 | $750,000 | $500,000 | $250,000 |
| 2021 | $8,675 | $713,308 | $435,562 | $277,746 |
| 2020 | $8,159 | $656,000 | $427,900 | $228,100 |
| 2019 | $7,427 | $608,000 | $396,600 | $211,400 |
| 2018 | $6,971 | $566,000 | $369,200 | $196,800 |
| 2016 | $5,426 | $442,000 | $288,300 | $153,700 |
| 2015 | $5,426 | $442,000 | $288,300 | $153,700 |
| 2014 | $5,046 | $400,000 | $260,900 | $139,100 |
Source: Public Records
Agents Affiliated with this Home
-
Fernando Moreno
Seller's Agent in 2021
Fernando Moreno
Coldwell Banker Envision
(562) 822-6116
3 in this area
23 Total Sales
-
VZ
Buyer's Agent in 2021
Victor Zuniga
FIRST FAMILY HOMES
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21166559
APN: 6006-024-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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