343 E 98th St Los Angeles, CA 90003
Green Meadows Neighborhood
5
Beds
2
Baths
1,640
Sq Ft
5,076
Sq Ft Lot
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Neighborhood Views
- Wall Furnace
About This Home
As of November 2024Welcome 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
Luxury Collective Brokerage Email: sandro@luxurycollectivere.com License #01401037 Listed on: 10/09/2024
Last Buyer's Agent
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 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Driveway
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Legal Lot and Block 29 / 4
- Tax Tract Number 6401
- Assessor Parcel Number 6052019027
- $545 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $900
- Insurance Expense $1,200
- Water Sewer Expense $1,200
- Operating Expense $3,300
- Gross Income $34,704
- Net Operating Income $31,404
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%
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Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Luis Martinez
Seller's Agent in 2025
Luis Martinez
Century 21 Allstars
(562) 231-3362
19 in this area
218 Total Sales
-
Sandro Bononni
S
Seller's Agent in 2024
Sandro Bononni
Luxury Collective
(818) 270-9341
2 in this area
18 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24209758
APN: 6052-019-027
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