NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $1,760,185

4 Beds
2 Baths
1,605 Sq Ft
$916/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $685,000 $427 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $8,719/month

5 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • 1-Story Property
  • John Marshall Senior High Rated A
  • 1 Car Garage

About This Home

As of September 2016

Bring your Fuzzy Buyers to this WELL KEPT duplex in Atwater Village. Great opportunity in Atwater Village, centrally located to Glendale Galleria, the Americana Plaza, Burbank and Downtown LA, close to 2 & 5 FWYS, Duplex consist of 3 Bedrooms 1.5 baths and 1 bedroom, 1 bath in back unit. Although the property profiles shows a total of three bedrooms, 2 baths. Buyer to verify square footage and permits. Come see the potential and make this your home. Front unit is owner occupy and will be deliver vacant at COE however back unit is tenant occupy and it will NOT be deliver vacant. Property is to be sold in AS IS Present Conditions. Motivated Seller is looking for a quick sale at the right price.

Last Agent to Sell the Property

JOSE JIMENEZ

CALMEX REALTY License #00544355 Listed on: 08/18/2016

Last Buyer's Agent

Erin Barnes

No Firm Affiliation License #01942751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,604

Year Built

  • Built in 1932

Lot Details

  • 6,756 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Garage
  • Parking Available
  • Side Facing Garage
  • Driveway

Home Design

  • Property Attached

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Property is near a park

Listing and Financial Details

  • Tenant pays for cable TV
  • Tax Lot 15
  • Tax Tract Number 1723
  • Assessor Parcel Number 5436006001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Insurance Expense $1,350
  • Trash Expense $450
  • Water Sewer Expense $1,310
  • New Taxes Expense $5,874
  • Gross Income $3,320
  • Net Operating Income $26,574

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,604

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 1310.00
  • Property Type: Residential Income
  • Parcel Number: 5436006001
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 426.79

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Faces Side
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 450.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 6756.00
  • Price Per Lot Square Foot: 102.87

Rental Info

  • Tenant Pays: Cable TV

Multi Family

  • Electric Expense: 1440.00
  • Gross Income: 3320.00
  • Gross Scheduled Income: 39840.00
  • Insurance Expense: 1350.00
  • Net Operating Income: 26574.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 11274.00
  • Rent Control: Yes
  • Total Actual Rent: 1221.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5874.00
  • Tax Lot: 15
  • Tax Tract Number: 1723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2016
Closed on
Oct 28, 2016
Sold by
Reino Alisa Zara
Bought by
Reino Alisa Zara and Reino Michael Lee
Seller's Agent
JOSE JIMENEZ
CALMEX REALTY
Buyer's Agent
Erin Barnes
No Firm Affiliation
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Current Estimated Value
$1,470,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785,546
Avg. Annual Appreciation
8.62%
Original Mortgage
$250,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 18, 2016
Closed on
Aug 24, 2016
Sold by
Ramirez Gonzalo
Bought by
Reino Alisa Zara and Reino Michael Lee
Seller's Agent
JOSE JIMENEZ
CALMEX REALTY
Buyer's Agent
Erin Barnes
No Firm Affiliation
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%

Purchase Details

Closed on
May 7, 2008
Sold by
Ramirez Rosalva
Bought by
Ramirez Gonzalo and Ramirez Rosalva

Purchase Details

Closed on
Jul 27, 2007
Sold by
Ramirez Gonzalo
Bought by
Ramirez Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2006
Sold by
Ramirez Joel
Bought by
Ramirez Gonzalo and Ramirez Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 26, 1996
Sold by
Dahl Brian
Bought by
Ramirez Gonzalo and Ramirez Rosalva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,199
Interest Rate
7.62%
Mortgage Type
FHA
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
Reino Alisa Zara -- Orange Coast Title Company
Reino Alisa Zara $685,000 Provident Title Company
Ramirez Gonzalo -- None Available
Ramirez Rosalva -- Old Republic Title
Ramirez Gonzalo -- Security Union Title
Ramirez Gonzalo $155,000 Southland Title
Dahl Brian -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reino Alisa Zara $350,000
Closed Reino Alisa Zara $250,000
Previous Owner Ramirez Rosalva $97,500
Previous Owner Ramirez Rosalva $7,500
Previous Owner Ramirez Rosalva $472,000
Previous Owner Ramirez Gonzalo $400,000
Previous Owner Ramirez Gonzalo $295,000
Previous Owner Ramirez Gonzalo $152,199
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $685,000 -1.4% $427 / Sq Ft
08/23/2016 08/23/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $695,000 -- $433 / 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 $10,604 $866,414 $516,458 $349,956
2024 $10,604 $849,427 $506,332 $343,095
2023 $10,402 $832,772 $496,404 $336,368
2022 $9,875 $749,144 $486,671 $262,473
2021 $8,979 $734,456 $477,129 $257,327
2019 $8,713 $712,674 $462,978 $249,696
2018 $8,602 $698,700 $453,900 $244,800
2016 $5,960 $481,789 $349,335 $132,454
2015 $5,874 $474,553 $344,088 $130,465
2014 $5,904 $465,258 $337,348 $127,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16183859

California Regional Multiple Listing Service (CRMLS)

APN: 5436-006-001