NOT LISTED FOR SALE

Estimated Value: $665,722 - $774,000

4 Beds
2 Baths
1,471 Sq Ft
$486/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $624,400 $424 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,384/month

13 Days on Market

Highlights

  • Craftsman Architecture
  • Rectangular Lot
  • Wall Furnace
  • Wrought Iron Fence

About This Home

As of May 2022

DUPLEX! Perfect investment , this is a great opportunity to own an income producing property in the highly growing and desirable area of Los Angeles. Close to everything! USC, LA LIVE, BANC STADIUM, STAPLES CENTER, DOWNTOWN and plenty more! Both units have private yards and are equipped with separate gas and electrical meters. Live in the one and rent the other. Front unit features 2 bedrooms plus dining room, 1 bath, and Rear unit is a 2 bedroom 1 bath. Property can accommodate parking for 2-3 cars. First time on the market in over 30 years. Hurry before this opportunity slips away, call today for more information. Do not disturb occupants.

Last Agent to Sell the Property

Patty Jervis

Coldwell Banker Realty License #00870125 Listed on: 03/01/2022

Coldwell Banker Realty

Last Buyer's Agent

Mazdak Sarehkhani

Mazdak Sarehkhani License #01811455

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 4,808 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Rectangular Lot

Home Design

  • 1,471 Sq Ft Home
  • Craftsman Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 287
  • Assessor Parcel Number 5114001002
  • $279 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LARD2
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 5114001002
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 424.47

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Flat
  • Construction Materials: Stucco

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4808.00
  • Lot Size Acres: 0.1104

Multi Family

  • Lot Size Area: 4808.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2283.10
  • Tax Lot: 287
  • Tax Tract Number: Met...
  • TaxOtherAnnualAssessmentAmount: 279.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
May 16, 2022
Sold by
Gloria Quesada Living Trust
Bought by
Nofar Investment Holdings Llc
Seller's Agent
Patty Jervis
Coldwell Banker Realty
Buyer's Agent
Mazdak Sarehkhani
Mazdak Sarehkhani
List Price
$569,000
Sold Price
$624,400
Premium/Discount to List
$55,400
9.74%
Current Estimated Value
$714,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,031
Avg. Annual Appreciation
3.68%
Original Mortgage
$405,860
Outstanding Balance
$381,856
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$332,575

Purchase Details

Closed on
Jul 7, 2008
Sold by
Quesada Gloria
Bought by
Quesada Gloria and Jimenez Raquel

Purchase Details

Closed on
Aug 15, 2007
Sold by
Quesada Gloria and Lopez Marian
Bought by
Quesada Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Nofar Investment Holdings Llc $624,500 New Title Company Name
Quesada Gloria -- None Available
Quesada Gloria -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nofar Investment Holdings Llc $405,860
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2022 05/26/22 Sold $624,400 0.0% $424 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/11/2022 03/11/22 Off Market $624,400 -- --
03/01/2022 03/01/22 For Sale $569,000 -- $387 / 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 $8,085 $662,192 $509,379 $152,813
2024 $8,085 $649,209 $499,392 $149,817
2023 $7,930 $636,480 $489,600 $146,880
2022 $5,928 $490,675 $334,279 $156,396
2021 $5,850 $481,055 $327,725 $153,330
2020 $5,906 $476,123 $324,365 $151,758
2019 $5,675 $466,788 $318,005 $148,783
2018 $5,125 $418,000 $284,700 $133,300
2016 $4,331 $355,000 $241,800 $113,200
2015 $3,760 $307,000 $198,100 $108,900
2014 $3,550 $282,000 $182,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22039685

California Regional Multiple Listing Service (CRMLS)

APN: 5114-001-002