NOT LISTED FOR SALE

355 S Mcbride Ave Los Angeles, CA 90022

Estimated Value: $664,000 - $827,726

5 Beds
3 Baths
1,760 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $490,000 $278 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,684/month

59 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • City Lights View
  • Traditional Architecture
  • Attic

About This Home

As of September 2016

Great investment opportunity of well maintained, income generating duplex. Perfect for the savvy investor or first time buyer who wishes to live in one and rent the other. Rear unit has 4 bedrooms and 2 baths. Front unit has 1 bedroom and one bath. Both units were recently remodeled in 2013 from top to bottom. Both units have granite counter tops, updated cabinets, newer ceiling fans, laminate flooring, stone flooring in kitchen and bathrooms, and plenty of parking. New cement driveway was poured in 2013. Units have excellent access to transportation and is walking distance to Maravilla metro rail station; in addition, it is centrally located to 710, 10, and 60 freeways.

Last Agent to Sell the Property

Rene Padilla

Coldwell Banker Icon License #01960577 Listed on: 06/07/2016

Coldwell Banker Icon

Last Buyer's Agent

Jose Castaneda

Century 21 Realty Masters License #01751082

Century 21 Realty Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 6,801 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Shared Driveway
  • Uncovered Parking

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 1,760 Sq Ft Home
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Dining Room with Fireplace
  • Bonus Room with Fireplace
  • City Lights Views
  • Attic

Kitchen

  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • All Bedrooms Down
  • Jack-and-Jill Bathroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Whole House Fan
  • Wall Furnace
  • Phone Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 31
  • Tax Tract Number 4190
  • Assessor Parcel Number 5247005014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $712
  • Trash Expense $120
  • Water Sewer Expense $960
  • New Taxes Expense $5,432
  • Gross Income $2,595
  • Net Operating Income $23,916

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

6,801 Sq Ft Lot

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5247005014
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Fireplace Features: Bonus Room, Dining Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 278.41
  • Room Type: Attic, All Bedrooms Down, Jack & Jill
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Foundation: Raised
  • View: City Lights
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete, Driveway, Shared Driveway, Uncovered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Outside
  • Trash Expense: 120.00
  • Water Source: Public
  • Cooling: Whole House Fan, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, 0-1 Unit/Acre
  • Lot Size Sq Ft: 6801.00
  • Price Per Lot Square Foot: 69.84

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2595.00
  • Gross Scheduled Income: 31140.00
  • Insurance Expense: 712.00
  • Net Operating Income: 23916.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Operating Expense: 7224.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5432.00
  • Tax Lot: 31
  • Tax Tract Number: 4190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2018
Sold by
Rodriguez Fulgencio
Bought by
Rodriguez Fulgencio and Rodriguez Saida Y
Current Estimated Value
$773,182

Purchase Details

Listed on
Jun 7, 2016
Closed on
Sep 12, 2016
Sold by
Rodriguez Saida
Bought by
Rodriguez Fulgencio
Seller's Agent
Rene Padilla
Coldwell Banker Icon
Buyer's Agent
Jose Castaneda
Century 21 Realty Masters
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$416,500
Outstanding Balance
$331,781
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$441,401

Purchase Details

Listed on
Jun 7, 2016
Closed on
Aug 8, 2016
Sold by
Padilla Rene
Bought by
Rodriguez Fulgencio
Seller's Agent
Rene Padilla
Coldwell Banker Icon
Buyer's Agent
Jose Castaneda
Century 21 Realty Masters
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,500
Outstanding Balance
$331,781
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$441,401

Purchase Details

Listed on
Apr 5, 2013
Closed on
May 7, 2013
Sold by
Cedar Palms Development Llc
Bought by
Padilla Rene
Seller's Agent
Maria Fernandez
Sunrise Realty & Home Loan
Buyer's Agent
Monica Hosozawa
Coldwell Banker Envision
List Price
$369,900
Sold Price
$375,000
Premium/Discount to List
$5,100
1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$300,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 24, 2013
Closed on
Feb 13, 2013
Sold by
Bank Of America Na
Bought by
Cedar Palms Development Llc
Seller's Agent
Ray Duran
L.A. R.E. NETWORK ERA
Buyer's Agent
OSWALD CHAVEZ
RE/MAX DYNASTY
List Price
$274,900
Sold Price
$287,000
Premium/Discount to List
$12,100
4.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
124.89%

Purchase Details

Closed on
Feb 14, 2012
Sold by
Solis John M
Bought by
Bank Of America N A

Purchase Details

Closed on
Oct 3, 2006
Sold by
Garcia Maria
Bought by
Solis John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.44%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 2, 2006
Sold by
Robles Monica
Bought by
Solis John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.44%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 4, 2003
Sold by
Velazco Bertha Alicia
Bought by
Robles Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2003
Sold by
Escorcia Luis
Bought by
Melchor Rosalba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 6, 2003
Sold by
Rodriguez Juan
Bought by
Velasco Berta Alicia and Velasco Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Velazco Bertha Alicia
Bought by
Velazco Bertha Alicia and Velazco Beatriz

Purchase Details

Closed on
Jul 9, 2003
Sold by
Velazco Beatriz
Bought by
Velazco Bertha Alicia and Velazco Beatriz

Purchase Details

Closed on
Jun 1, 2000
Sold by
Miller Donald
Bought by
Velasco Beatriz and Ramirez Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,226
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 16, 1994
Sold by
Miller Josefina
Bought by
Miller Donald and Miller Josefina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodriguez Fulgencio -- None Available
Rodriguez Fulgencio -- Lawyers Title Company
Rodriguez Fulgencio $490,000 Lawyers Title Company
Padilla Rene $375,000 Old Republic Title Company
Cedar Palms Development Llc $287,000 Lsi Title Company Inc
Bank Of America N A $235,800 None Available
Solis John M -- Stewart Title Of Ca Inc
Solis John M $625,000 Stewart Title Of Ca Inc
Robles Monica $1,374,545 Stewart Title Of Ca Inc
Melchor Rosalba -- --
Velasco Berta Alicia -- --
Velazco Bertha Alicia -- --
Velazco Bertha Alicia -- --
Velasco Beatriz $217,000 Fidelity Title
Miller Donald -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Fulgencio $416,500
Previous Owner Padilla Rene $300,000
Previous Owner Solis John M $125,000
Previous Owner Solis John M $500,000
Previous Owner Robles Monica $216,000
Previous Owner Velasco Beatriz $215,226
Previous Owner Miller Donald $95,000
Closed Robles Monica $54,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2016 09/15/16 Sold $490,000 +3.2% $278 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/29/2016 07/29/16 Price Changed $474,999 0.0% $270 / Sq Ft
06/07/2016 06/07/16 For Sale $475,000 +26.7% $270 / Sq Ft
06/21/2013 06/21/13 Sold $375,000 +1.4% $213 / Sq Ft View Prior Sale
05/01/2013 05/01/13 Pending -- -- --
04/05/2013 04/05/13 For Sale $369,900 +28.9% $210 / Sq Ft
02/22/2013 02/22/13 Sold $287,000 +4.4% $184 / Sq Ft View Prior Sale
01/30/2013 01/30/13 Pending -- -- --
01/17/2013 01/17/13 For Sale $274,900 -- $177 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,936 $568,681 $406,201 $162,480
2024 $7,936 $557,532 $398,237 $159,295
2023 $7,636 $546,601 $390,429 $156,172
2022 $7,289 $535,884 $382,774 $153,110
2021 $7,207 $525,377 $375,269 $150,108
2019 $6,993 $509,796 $364,140 $145,656
2018 $6,853 $499,800 $357,000 $142,800
2016 $5,514 $390,087 $182,040 $208,047
2015 $5,432 $384,228 $179,306 $204,922
2014 $5,435 $376,702 $175,794 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16122658

California Regional Multiple Listing Service (CRMLS)

APN: 5247-005-014

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