NOT LISTED FOR SALE

Estimated Value: $710,000 - $811,434

5 Beds
2 Baths
1,638 Sq Ft
$457/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2012

Last sale price $323,000 $197 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,630 / mo

10 Days on Market

Highlights

  • Panoramic View
  • Contemporary Architecture
  • Granite Countertops
  • Lincoln High School Rated A-
  • Wood Flooring
  • Heating System Uses Natural Gas

About This Home

As of April 2012

***STANDARD SALE...FHA/VA No Problem*** This great income prodcuer is completely remodeled in excellent area of City Terrace (East L.A.) outside of rent control dsitrict with 5 bedrooms, 2 baths, and 4 garage parking spots. All new paint inside and out. All units are very spacious and have granite countertops in kitchen with washer/dryer hookups. New flooring. Beautiful dark wood laminate throughout living areas with tile in kitchen and bathrooms. New quality carpet throughout bedrooms. Premium lot with real views of the city lights. Additional structure for storage. All new landscaping. Property sits on a very good block.

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 03/06/2012

Last Buyer's Agent

Durga Baumann

Excellence RE Real Estate License #01862125

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 7,212

Parking

  • 4 Car Garage
  • Two Garage Doors

Property Views

  • Panoramic
  • City Lights

Home Design

  • 1,638 Sq Ft Home
  • Contemporary Architecture
  • Common Roof
  • Stucco

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Additional Features

  • Granite Countertops
  • Laundry in Kitchen
  • 7,212 Sq Ft Lot

Listing and Financial Details

  • Tax Block 11
  • Tax Tract Number 592
  • Assessor Parcel Number 5228021028

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1964 | Remodeled

Lot Details

7,212 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 11.15
  • View: Yes
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5228021028
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Flooring: Carpet, Tile, Wood
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 197.19

Exterior Features

  • View: City Lights, Panoramic
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7212.00
  • Lot Size Acres: 0.1660

Multi Family

  • Gross Income: 3000.00
  • Gross Multiplier: 8.97
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 7212.0000 Square Feet
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 964
  • Tax Block: 11
  • Tax Lot: 0.
  • Tax Tract Number: 592

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2015
Sold by
Bought by
Current Estimated Value
$749,359

Purchase Details

Listed on
Mar 6, 2012
Closed on
Mar 16, 2012
Sold by
Bought by
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Durga Baumann
Excellence RE Real Estate
List Price
$299,000
Sold Price
$323,000
Premium/Discount to List
$24,000
8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$400,000
Outstanding Balance
$265,173
Interest Rate
3.83%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$484,186

Purchase Details

Closed on
Dec 9, 2011
Sold by
Bought by

Purchase Details

Closed on
Mar 14, 2011
Sold by
Bought by

Purchase Details

Closed on
Sep 23, 2009
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
10.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 19, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7.9%
Mortgage Type
Unknown
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Los Angeles, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$323,000 Ticor Title Company
$180,000 None Available
-- None Available
-- None Available
-- United Title Company
-- Stewart Title Company
-- Stewart Title Company
-- United Title Company
-- Nct
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $400,000
Closed $314,811
Previous Owner $491,000
Previous Owner $491,000
Previous Owner $448,000
Previous Owner $175,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2012 04/12/12 Sold $323,000 +8.0% $197 / Sq Ft
03/16/2012 03/16/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $299,000 -- $183 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,148 $405,692 $263,766 $141,926
2024 $5,961 $397,739 $258,595 $139,144
2023 $5,695 $389,941 $253,525 $136,416
2022 $5,446 $382,296 $248,554 $133,742
2021 $5,381 $374,801 $243,681 $131,120
2020 $5,415 $370,959 $241,183 $129,776
2019 $5,225 $363,686 $236,454 $127,232
2018 $5,098 $356,556 $231,818 $124,738
2016 $4,884 $342,713 $222,817 $119,896
2015 $4,812 $337,567 $219,471 $118,096
2014 $4,814 $330,955 $215,172 $115,783
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P814453

California Regional Multiple Listing Service (CRMLS)

APN: 5228-021-028

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