$510,000
SOLD NOV 21, 2024
5 Beds
2 Baths
1,640 Sq Ft
5,076 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

14% Below List Price

42 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Neighborhood Views
  • Wall Furnace

About This Home

As of November 2024

Welcome to 343 E 98th St, a prime opportunity for first time & savvy investors. This duplex offers a front unit with 2 bedrooms & 1 bathroom and a back unit with 3 bedrooms & 1 bathroom and has Tenants in place. Incredible investment opportunity, making it a perfect match for those looking to build equity or generate rental income in the dynamic South Los Angeles market. Property Features include a bright and spacious living room ideal for family gatherings or tenant relaxation. The expansive backyard with the potential for landscaping or outdoor activities, offers additional appeal for renters or future expansion. A gated driveway with space for multiple vehicles, adding security and convenience including a large lot, providing excellent potential for future development. An affordable entry into the competitive Los Angeles housing market. Enjoy passive income while building long-term equity with its prime location with strong rental demand to increase value through development & current income production. Conveniently located near major freeways (105 and 110), ideal for commuters. Proximity to schools, grocery stores, shopping centers, public transportation, and nearby parks and community centers for family-friendly activities. This property offers the perfect blend of affordability, investment potential, and comfort.

Last Agent to Sell the Property

Sandro Bononni

Luxury Collective Brokerage Email: sandro@luxurycollectivere.com License #01401037 Listed on: 10/09/2024

Last Buyer's Agent

Sandro Bononni

Luxury Collective Brokerage Email: sandro@luxurycollectivere.com License #01401037 Listed on: 10/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 1925

Lot Details

  • 5,076 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Urban Location
  • Wall Furnace

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 29 / 4
  • Tax Tract Number 6401
  • Assessor Parcel Number 6052019027
  • $545 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,124

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6052019027
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1640.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 310.98
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5076.00
  • Lot Size Acres: 0.1165

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5076.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 2406.00
  • Tax Lot: 29
  • Tax Tract Number: 6401
  • TaxOtherAnnualAssessmentAmount: 545.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Oct 23, 2024
Sold by
Lao Alan C
Bought by
Angeleno Homes Llc
Seller's Agent
Sandro Bononni
Luxury Collective
Buyer's Agent
Sandro Bononni
Luxury Collective
List Price
$589,900
Sold Price
$510,000
Premium/Discount to List
-$79,900
-13.54%
Views
34

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
111.06%
Original Mortgage
$500,000
Outstanding Balance
$497,635
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$349,909

Purchase Details

Closed on
Mar 17, 2009
Sold by
Real Estate Mortgage Network
Bought by
Lao Alan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 17, 2009
Sold by
Insource Financial Services Llc
Bought by
Real Estate Mortgage Network

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2008
Sold by
Novastar Mortgage Inc
Bought by
Insource Financial Services Llc

Purchase Details

Closed on
Aug 14, 2007
Sold by
Harrison Carla Y
Bought by
Novastar Mortgage Inc

Purchase Details

Closed on
Mar 31, 2005
Sold by
Carter Alvin
Bought by
Harrison Carla Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2002
Sold by
Zamorano Camille
Bought by
Carter Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,000
Interest Rate
6.86%

Purchase Details

Closed on
Mar 19, 2002
Sold by
Zamorano Mario
Bought by
Zamorano Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
6.99%

Purchase Details

Closed on
Mar 13, 2002
Sold by
Aguilar Larry A and Aguilar Yvonne
Bought by
Zamorano Camille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
6.99%

Purchase Details

Closed on
Mar 5, 2002
Sold by
Ruiz Isaac
Bought by
Aguilar Larry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,400
Interest Rate
6.99%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $510,000 Lawyers Title
Grant Deed $510,000 Lawyers Title
Grant Deed $170,000 North American Title Company
Grant Deed -- None Available
Quit Claim Deed -- Landamerica Title Company
Trustee Deed $452,009 None Available
Grant Deed $370,000 Fatcola
Grant Deed $224,000 American Title Co
Interfamily Deed Transfer -- --
Grant Deed -- --
Grant Deed $146,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $273,000 New Conventional
Previous Owner $136,000 Purchase Money Mortgage
Previous Owner $432,000 Unknown
Previous Owner $296,000 Purchase Money Mortgage
Previous Owner $223,000 No Value Available
Previous Owner $148,400 No Value Available
Closed $74,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2025 07/25/25 Pending -- -- --
07/10/2025 07/10/25 For Sale $859,900 +68.6% $524 / Sq Ft
11/21/2024 11/21/24 Sold $510,000 0.0% $311 / Sq Ft
11/21/2024 11/21/24 Sold $510,000 -13.5% $311 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/15/2024 11/15/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $589,900 0.0% $360 / Sq Ft
10/09/2024 10/09/24 For Sale $589,900 -- $360 / 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
2024 $3,124 $214,612 $113,619 $100,993
2023 $3,069 $210,405 $111,392 $99,013
2022 $2,940 $206,280 $109,208 $97,072
2021 $2,896 $202,236 $107,067 $95,169
2019 $2,815 $196,241 $103,893 $92,348
2018 $2,742 $192,394 $101,856 $90,538
2016 $2,605 $184,924 $97,901 $87,023
2015 $2,566 $182,147 $96,431 $85,716
2014 $2,581 $178,580 $94,543 $84,037
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24207812

California Regional Multiple Listing Service (CRMLS)

APN: 6052-019-027