NOT LISTED FOR SALE

3517 E 8th St Los Angeles, CA 90023

Estimated Value: $645,000 - $754,460

2 Beds
2 Baths
1,200 Sq Ft
$590/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $527,000 $439 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,436/month

51 Days on Market

Highlights

  • Spanish Architecture
  • Felicitas and Gonzalo Mendez High Rated A-
  • 1-Story Property

About This Home

As of April 2021

This is a unique opportunity for investment. Located on a wide street with easy access to downtown, freeways and many other places of business, this property is gated and set back and above the street, this property consists of two units: the front unit is two bedrooms plus one bath and the second unit, situated in the back is one bedroom plus one bath. There is a two car garage and gated driveway for additional parking. Currently owner occupied in both units. Perhaps with a little creative eye and imagination this could be a special purchase for anyone.

Last Agent to Sell the Property

Aileen Comora

The Agency License #01002982 Listed on: 11/18/2020

The Agency

Co-Listed By

Michelle Knutson

Compass License #02103223

Last Buyer's Agent

Gloria Bradley

Vylla Home, Inc. License #01968856

Vylla Home, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,022

Year Built

  • Built in 1929

Lot Details

  • 5,063 Sq Ft Lot
  • Property is zoned LAR2

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Window Unit Cooling System
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5191-015-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,022

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 1200
  • Lot Acreage: 0.1162
  • Stories: 1
  • Year Built: 1929
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 408.33

Exterior Features

  • Other Structures: None
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window, Window Unit(s)
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 73.69
  • Assessed Improvement Value: 155709
  • Assessed Land Percent: 26.31
  • Assessed Land Value: 55606
  • Total Assessed Value: 211315
  • Assessor Parcel Number: 5191-015-019
  • Lot Size Area: 5063

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Apr 20, 2021
Sold by
Taylor Matthew L
Bought by
Mills Preston A
Seller's Agent
Aileen Comora
The Agency
Buyer's Agent
Gloria Bradley
Vylla Home, Inc.
List Price
$490,000
Sold Price
$527,000
Premium/Discount to List
$37,000
7.55%
Current Estimated Value
$708,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,115
Avg. Annual Appreciation
5.68%
Original Mortgage
$534,252
Outstanding Balance
$484,450
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$185,418

Purchase Details

Closed on
May 27, 2009
Sold by
Santoyo Nora
Bought by
Aldana Luis and Mendoza Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2006
Sold by
Echevarria Jose Maria O
Bought by
Santoyo Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,800
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
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
Mills Preston A $527,000 Orange Coast Title Company
Aldana Luis $190,000 Investors Title Company
Santoyo Nora $506,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mills Preston A $48,319
Open Mills Preston A $534,252
Previous Owner Aldana Luis $186,558
Previous Owner Santoyo Nora $404,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $527,000 +7.6% $439 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $490,000 -- $408 / Sq Ft
Source: The MLS

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 $7,022 $570,439 $375,602 $194,837
2024 $7,022 $559,255 $368,238 $191,017
2023 $6,889 $548,290 $361,018 $187,272
2022 $6,572 $537,540 $353,940 $183,600
2021 $2,879 $226,569 $59,620 $166,949
2020 $2,903 $224,247 $59,009 $165,238
2019 $2,795 $219,851 $57,852 $161,999
2018 $2,691 $215,541 $56,718 $158,823
2016 $2,561 $207,172 $54,516 $152,656
2015 $2,524 $204,061 $53,698 $150,363
2014 $2,543 $200,065 $52,647 $147,418
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-660650

The MLS

APN: 5191-015-019