NOT LISTED FOR SALE

3506 Manitou Ave Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $672,000 - $807,000

3 Beds
3 Baths
1,000 Sq Ft
$724/Sq Ft Est. Value

Last Sold February 26, 2014

Last sale price $284,990 $285 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $4,303/month

198 Days on Market

Highlights

  • Tile Flooring
  • Wrought Iron Fence
  • Back and Front Yard
  • Abraham Lincoln High School Rated A
  • Wall Furnace

About This Home

As of February 2014

CHARMING 2 LEGAL SINGLE FAMILY HOMES ON ONE LOT ADDRESSES ARE 3506 & 3508 MANITOU!!!!!!! STANDARD SALE!!!**NOT AN REO OR SHORT SALE**STANDARD SALE!!! LIVE IN ONE & RENT THE OTHER HOME OR JUST USE AS A GREAT INCOME PROPERTY!!! BEAUTIFULLY RENOVATED!!! THE 1ST HOME HAS A 2 BD & 1 1/2 BA & IS 678 SQ FT, & THE 2ND HOME IS A 1 BD & 1 BA & IS 322 SQ FT BOTH HAVE THEIR OWN KITCHENS!!! WITH AN APPROX OF 1000 SQUARE FEET ON A HUGE 5,196 SQUARE FOOT LOT WITH A DETACHED ONE CAR GARAGE!!!! MOVE IN READY WITH ALL THE UPGRADES *FHA OFFERS WELCOME!**CONVENTIONAL, CASH AND VA OFFERS WELCOME!**NOT AN REO OR SHORT SALE* TERRIFIC SINGLE STORY HOMES!!! THIS HOME HAS NEW INTERIOR AND EXTERIOR PAINT, GRANITE COUNTER TOPS IN KITCHEN, NEW FIXTURES, SINKS, CEILING FAN IN THE LIVING ROOM, TILE FLOORING, UPGRADED PLUSH CARPET, ETC!!! HOME IS ON A QUIET STREET WITH A DETACHED PATIO AREA WITH A BUILT IN BARBEQUE!!!!! PERFECT FOR ENTERTAINING WHILE ENJOYING THE VIEW!!! NEAR THE 5 FWY WITH EASY ACCESS, NEAR PARKS, AND JUST BLOCKS MINUTES AWAY FROM THE DODGER STADIUM!!!!!!. READY TO MOVE IN IMMEDIATELY. PRICED TO SELL, THIS HOME WILL NOT LAST LONG. PROPERTY IS SOLD IN AS-IS CONDITION, BUYER TO VERIFY ALL INFO FOR ITS ACCURACY. (APPLIANCES WILL BE INSTALLED PRIOR TO CLOSE OF ESCROW)

Last Agent to Sell the Property

JESSICA TRAN

PLATINUM REAL ESTATE GROUP License #01338491 Listed on: 09/05/2013

Last Buyer's Agent

JESSICA TRAN

PLATINUM REAL ESTATE GROUP License #01338491 Listed on: 09/05/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1927

Lot Details

  • 5,196 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Back and Front Yard

Parking

  • 1 Car Garage

Home Design

  • 1,000 Sq Ft Home
  • Property Attached
  • Composition Roof

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5211007021

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5211007021
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 284.99

Exterior Features

  • Fencing: Block, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5196.00
  • Lot Size Acres: 0.1190

Multi Family

  • Lot Size Area: 5196.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2013
Closed on
Feb 20, 2014
Sold by
Shark Investments Llc
Bought by
Torres Ramon M and Torres Ashley
Seller's Agent
JESSICA TRAN
PLATINUM REAL ESTATE GROUP
Buyer's Agent
JESSICA TRAN
PLATINUM REAL ESTATE GROUP
List Price
$299,990
Sold Price
$284,990
Premium/Discount to List
-$15,000
-5%
Current Estimated Value
$718,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,796
Avg. Annual Appreciation
8.48%
Original Mortgage
$279,827
Outstanding Balance
$213,041
Interest Rate
4.38%
Mortgage Type
FHA
Estimated Equity
$511,164

Purchase Details

Closed on
Nov 4, 2013
Sold by
Viegas Jason
Bought by
Shark Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
4.08%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 25, 2013
Closed on
May 10, 2013
Sold by
Shark Investments Llc
Bought by
Manitou Ave Trust 3506
Seller's Agent
David Alvarado
Berkshire Hathaway H.S.C.P.
Buyer's Agent
David Alvarado
Berkshire Hathaway H.S.C.P.
List Price
$190,000
Sold Price
$183,000
Premium/Discount to List
-$7,000
-3.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.84%

Purchase Details

Listed on
Mar 25, 2013
Closed on
Apr 3, 2013
Sold by
Lopez Maria Del Refugio
Bought by
Shark Investments Llc
Seller's Agent
David Alvarado
Berkshire Hathaway H.S.C.P.
Buyer's Agent
David Alvarado
Berkshire Hathaway H.S.C.P.
List Price
$190,000
Sold Price
$183,000
Premium/Discount to List
-$7,000
-3.68%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Torres Ramon M $285,000 Orange Coast Title Company
Shark Investments Llc -- First American Title
Shark Investments Llc -- First American Title Company
Manitou Ave Trust 3506 -- None Available
Shark Investments Llc $183,000 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Ramon M $10,215
Open Torres Ramon M $62,763
Open Torres Ramon M $279,827
Previous Owner Shark Investments Llc $6,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2014 02/26/14 Sold $284,990 -5.0% $285 / Sq Ft
12/19/2013 12/19/13 Pending -- -- --
06/04/2013 06/04/13 For Sale $299,990 +63.9% $300 / Sq Ft
05/01/2013 05/01/13 Sold $183,000 -3.7% $186 / Sq Ft
04/24/2013 04/24/13 Pending -- -- --
03/25/2013 03/25/13 Price Changed $190,000 0.0% $193 / Sq Ft
03/25/2013 03/25/13 For Sale $190,000 -23.7% $193 / Sq Ft
02/05/2013 02/05/13 Pending -- -- --
01/22/2013 01/22/13 Price Changed $249,000 -4.2% $253 / Sq Ft
10/24/2012 10/24/12 Price Changed $259,900 -7.2% $264 / Sq Ft
05/20/2012 05/20/12 For Sale $280,000 -- $285 / 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 $4,400 $349,359 $279,492 $69,867
2024 $4,400 $342,510 $274,012 $68,498
2023 $4,318 $335,795 $268,640 $67,155
2022 $4,123 $329,212 $263,373 $65,839
2021 $4,071 $322,758 $258,209 $64,549
2019 $3,953 $313,187 $250,551 $62,636
2018 $3,860 $307,047 $245,639 $61,408
2016 $3,686 $295,125 $236,101 $59,024
2015 $3,919 $290,693 $232,555 $58,138
2014 $3,628 $283,000 $226,000 $57,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    JESSICA TRAN

    PLATINUM REAL ESTATE GROUP

  • D

    Seller's Agent in 2013

    David Alvarado

    Berkshire Hathaway H.S.C.P.

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV13105593

California Regional Multiple Listing Service (CRMLS)

APN: 5211-007-021

California Los Angeles County Los Angeles 90031 Lincoln Heights

3506 Manitou Ave, Los Angeles, CA

This home is located at 3506 Manitou Ave, Los Angeles, CA 90031 since 05 September 2013 and is currently estimated at $724,205, approximately $724 per square foot. This property was built in 1927. 3506 Manitou Ave is a home located in Los Angeles County with nearby schools including Gates Street Elementary, Florence Nightingale Middle, and Abraham Lincoln High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes