NOT LISTED FOR SALE

385 E Imperial Hwy Unit 2 Los Angeles, CA 90061

Green Meadows Neighborhood

Estimated Value: $852,594 - $912,000

5 Beds
3 Baths
2,540 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 03, 2017

Last sale price $490,000 $193 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,310/month

59 Days on Market

About This Home

As of November 2017

ACCEPTING BACKUP OFFERS!!!!!!!!!!!! Great income or investment property duplex sitting on a 8,000sq' lot zoned LAR4, both have their own laundry room!
Newly updated kitchen cabinets and granite counter tops,
1st unit is a 3/2 and the 2nd is originally a 2/1 but owner made a 3rd bedroom
Very spacious living areas,
Onsite parking,
Street access from 2 different streets,
Currently rented for $1900 and $2100 but Will be delivered without tenants

Last Agent to Sell the Property

Anna Escareno

Anna Escareno, Broker License #02015534 Listed on: 06/23/2017

Last Buyer's Agent

Oralia Alvarado

Triunfo Realty License #01101661

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1954

Lot Details

  • 8,311 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,540 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Paved Parking
  • On-Site Parking

Listing and Financial Details

  • Tax Lot 461
  • Tax Tract Number 733760
  • Assessor Parcel Number 6073028008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,500

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6073028008
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 192.91
  • Room Type: Laundry

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, On Site

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8311.00

Multi Family

  • Gross Scheduled Income: 43200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 3600.00

Tax Info

  • Tax Lot: 461
  • Tax Tract Number: 733760

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2021
Sold by
Martinez Mario A and Rivera Vincente A
Bought by
Martinez Mario A
Current Estimated Value
$886,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,662
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 24, 2017
Sold by
Brooks Edward Nelson
Bought by
Martinez Mario and Elvera Vicent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 18, 2013
Sold by
Lee Chong
Bought by
Brooks Edward Nelson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,321
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2012
Sold by
Lee Cindy
Bought by
Lee Chong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lee Chang and Lee Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2011
Sold by
Lopez Alejandro
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 19, 2004
Sold by
Castro Gerardo
Bought by
Lopez Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Torres Sergio
Bought by
Castro Gerardo and Torres Sergio

Purchase Details

Closed on
Dec 26, 1996
Sold by
Castro Gerardo
Bought by
Torres Sergio and Ramirez Rafael Sandoval

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.86%

Purchase Details

Closed on
Aug 24, 1994
Sold by
Anderson Mashelle and Kirkwood Mashelle
Bought by
Castro Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Martinez Mario A -- Chicago Title
Martinez Mario $490,000 Steward Title Of Ca Inc
Brooks Edward Nelson $290,000 Lsi Title Company
Lee Chong -- Lsi Title Company
Lee Chang $161,000 Lsi Title Company
Federal Home Loan Mortgage Corporation $156,911 Accommodation
Lopez Alejandro $275,000 North American Title Company
Castro Gerardo -- North American Title Company
Torres Sergio $145,000 Commonwealth Title Co
Castro Gerardo $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Mario A $503,662
Previous Owner Martinez Mario $481,124
Previous Owner Brooks Edward Nelson $280,321
Previous Owner Lee Chang $160,000
Previous Owner Lopez Alejandro $192,500
Previous Owner Torres Sergio $137,750
Previous Owner Castro Gerardo $160,000
Closed Lopez Alejandro $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2017 11/03/17 Sold $490,000 -1.8% $193 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
06/30/2017 06/30/17 Price Changed $499,000 -9.1% $196 / Sq Ft
06/23/2017 06/23/17 For Sale $549,000 -- $216 / 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 $7,500 $570,597 $422,739 $147,858
2024 $7,500 $559,409 $414,450 $144,959
2023 $7,364 $548,441 $406,324 $142,117
2022 $7,042 $537,688 $398,357 $139,331
2021 $6,805 $515,077 $388,936 $126,141
2019 $6,611 $499,800 $377,400 $122,400
2018 $6,946 $490,000 $370,000 $120,000
2016 $4,137 $301,667 $208,047 $93,620
2015 $4,078 $297,136 $204,922 $92,214
2014 $4,386 $291,316 $200,908 $90,408
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Anna Escareno

    Anna Escareno, Broker

    (626) 625-2459

    1 in this area

    27 Total Sales

    Anna Escareno
    Section Image

  • O

    Buyer's Agent in 2017

    Oralia Alvarado

    Triunfo Realty

    (562) 381-2939

    20 Total Sales

    Oralia Alvarado
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17145092

California Regional Multiple Listing Service (CRMLS)

APN: 6073-028-008

California Los Angeles County Los Angeles 90061 Green Meadows

385 E Imperial Hwy Unit 2, Los Angeles, CA

This home is located at 385 E Imperial Hwy Unit 2, Los Angeles, CA 90061 since 23 June 2017 and is currently estimated at $886,399, approximately $348 per square foot. This property was built in 1954. 385 E Imperial Hwy Unit 2 is a home located in Los Angeles County with nearby schools including One Hundred Seventh Street Elementary School, Samuel Gompers Middle School, and Alliance Jack H. Skirball Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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