NOT LISTED FOR SALE

Estimated Value: $933,000 - $1,186,000

5 Beds
4 Baths
1,908 Sq Ft
$543/Sq Ft Est. Value

Last Sold May 25, 2018

Last sale price $675,000 $354 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,262/month

30 Days on Market

Highlights

  • City Lights View
  • Two cooling system units
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of May 2018

Come see this beautiful separated Duplex with its own parking and a two car garage for each unit. The property was sandblasted and recoated with new stucco a year ago. Brand new sound proof double pane windows in both units. Both units also have air-conditioning and central heating. One of the units has a brand new electrical box. Both units have brand new double garage doors with electrical remotes. The front units bathroom has been remodeled and has new copper plumbing. Front unit has 3 bedrooms and two bathrooms back unit has 2 bedrooms and two bathrooms. As a plus both units have their own separate water meters that helps when you have renters.

Last Agent to Sell the Property

Alejandro Gomez

eXp Realty of Greater Los Angeles, Inc. License #01276677 Listed on: 03/13/2018

eXp Realty of Greater Los Angeles, Inc.

Last Buyer's Agent

Melanie Jackson

Mar Realty License #01948600

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,919

Year Built

  • Built in 1922

Lot Details

  • 6,400 Sq Ft Lot
  • 1 Common Wall
  • Brick Fence
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,908 Sq Ft Home
  • 1-Story Property
  • ENERGY STAR Qualified Doors
  • Insulated Doors
  • Tile Flooring
  • City Lights Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Utilities

  • Two cooling system units
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, exterior maintenance, grounds care, gas, water
  • Tax Lot 4032
  • Tax Tract Number 4032
  • Assessor Parcel Number 4032015021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $900
  • Trash Expense $600
  • New Taxes Expense $8,100
  • Operating Expense $9,600
  • Gross Income $40,800
  • Net Operating Income $32,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,919

Year Built

Built in 1922

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: INR2YY
  • Property Type: Residential Income
  • Parcel Number: 4032015021
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Door Features: ENERGY STAR Qualified Doors, Insulated Doors
  • Levels: One
  • Price Per Square Foot: 353.77
  • Room Type: All Bedrooms Down

Exterior Features

  • View: City Lights
  • Fence: Yes
  • Fencing: Brick
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Doors, Insulation, Lighting, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6400.00

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Exterior Maintenance, Grounds Care, Gas, Water

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 900.00
  • Net Operating Income: 32100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9600.00
  • Rent Control: No
  • Total Expenses: 9600.00

Tax Info

  • New Taxes Expense: 8100.00
  • Tax Census Tract: 6019.00
  • Tax Lot: 4032
  • Tax Tract Number: 4032

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2018
Closed on
May 16, 2018
Sold by
Gonwz Velia
Bought by
Rodgers Courtney Ann
Seller's Agent
Alejandro Gomez
eXp Realty of Greater Los Angeles, Inc.
Buyer's Agent
Melanie Jackson
Mar Realty
List Price
$749,000
Sold Price
$675,000
Premium/Discount to List
-$74,000
-9.88%
Current Estimated Value
$1,036,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,233
Avg. Annual Appreciation
5.84%
Original Mortgage
$540,000
Outstanding Balance
$464,958
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$571,275

Purchase Details

Closed on
Dec 17, 2014
Sold by
Gutierrez Juan
Bought by
Gomez Velia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,800
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 30, 2012
Closed on
May 8, 2013
Sold by
Serrano Luis M
Bought by
Gutierrez Juan
Seller's Agent
Edith Saavedra
Casa Bella Realty Group
Buyer's Agent
Antonio Araiza
Casa Bella Properties
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.97%
Original Mortgage
$238,107
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 30, 2012
Closed on
Apr 17, 2013
Sold by
Franco Ana Deisy
Bought by
Serrano Luis M
Seller's Agent
Edith Saavedra
Casa Bella Realty Group
Buyer's Agent
Antonio Araiza
Casa Bella Properties
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,107
Interest Rate
3.54%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 10, 2005
Sold by
Franco Ana D
Bought by
Serrano Luis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2003
Sold by
Arevalo Manuel Dejesus
Bought by
Serrano Luis M and Franco Ana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1998
Sold by
Serrano Luis M and Franco Ana D
Bought by
Serrano Luis M and Franco Ana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,673
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1997
Sold by
Ortega Guadalupe and Lam Maribel S
Bought by
Serrano Luis M and Franco Ana D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,876
Interest Rate
7.96%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 1995
Sold by
Lee Joseph and Lee Barbara
Bought by
Hawthorne Svgs Fsb and Hawthorne S&L Assn
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
Rodgers Courtney Ann $675,000 Western Resources Title Comp
Gomez Velia $320,000 First American Title Company
Gutierrez Juan $242,500 First American Title Company
Serrano Luis M -- Fatcola
Serrano Luis M -- Orange Coast Title Ins Co
Serrano Luis M -- Stewart Title
Serrano Luis M -- American Title Co
Serrano Luis M $151,500 American Title Ins Co
Hawthorne Svgs Fsb $83,000 American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodgers Courtney Ann $540,000
Previous Owner Gomez Velia $308,800
Previous Owner Gutierrez Juan $238,107
Previous Owner Serrano Luis M $253,000
Previous Owner Serrano Luis M $197,000
Previous Owner Serrano Luis M $147,673
Previous Owner Serrano Luis M $148,876
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2018 05/25/18 Sold $675,000 -0.6% $354 / Sq Ft
04/12/2018 04/12/18 Pending -- -- --
04/08/2018 04/08/18 Price Changed $679,000 -2.9% $356 / Sq Ft
03/30/2018 03/30/18 Price Changed $699,000 -6.7% $366 / Sq Ft
03/13/2018 03/13/18 For Sale $749,000 +199.6% $393 / Sq Ft
05/17/2013 05/17/13 Sold $250,000 0.0% $131 / Sq Ft View Prior Sale
05/16/2013 05/16/13 Pending -- -- --
11/30/2012 11/30/12 For Sale $250,000 -- $131 / 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 $9,919 $768,029 $537,621 $230,408
2024 $9,919 $752,971 $527,080 $225,891
2023 $9,817 $738,208 $516,746 $221,462
2022 $10,007 $723,734 $506,614 $217,120
2021 $9,911 $709,544 $496,681 $212,863
2020 $9,462 $702,270 $491,589 $210,681
2019 $9,306 $688,500 $481,950 $206,550
2018 $8,432 $612,632 $422,506 $190,126
2016 $7,986 $588,845 $406,100 $182,745
2015 $7,916 $580,000 $400,000 $180,000
2014 $3,624 $243,600 $190,862 $52,738
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB18054227

California Regional Multiple Listing Service (CRMLS)

APN: 4032-015-021