NOT LISTED FOR SALE

Estimated Value: $862,537 - $917,000

2 Beds
1 Bath
1,820 Sq Ft
$486/Sq Ft Est. Value

Last Sold October 24, 2014

Last sale price $400,000 $220 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $5,421/month

292 Days on Market

Highlights

  • Craftsman Architecture
  • Cooling Available
  • Laundry Room
  • No HOA
  • Views
  • Outdoor Storage

About This Home

As of October 2014

This charming duplex is in excellent condition, conveniently located a couple of blocks from the Los Angeles Memorial Coliseum, and USC. Located within the limits of the Adams/Normandie Historic district. This property has 2 full size apartments that boast spacious interiors; The downstairs apartment is a 2 bed, 1 bath, and the upstairs apartment has a 3 bed, 1 bath. The upstairs apartment has a private entrance with a beautiful staircase as the front entrance, and another private staircase at the rear of the building. Each unit is incredibly spacious;large kitchens, living rooms, and bedrooms. These are very large units, and make for a very nice places to live. Dont miss this opportunity to own a piece of solid gold real estate walking distance to USC. The Seller is updating, and renovating the property currently, applying new flooring, new texture, new paint, new cabinets, updated fixtures, etc. The building has ample private parking for several cars, and even RV parking available. The property has been well maintained over the years and is in great structural condition.

Last Agent to Sell the Property

Russell Praslin

RUSSELL PRASLIN, BROKER Listed on: 08/06/2013

Last Buyer's Agent

Russell Praslin

RUSSELL PRASLIN, BROKER Listed on: 08/06/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,605

Year Built

  • Built in 1913

Lot Details

  • 4,998 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Turnkey

Interior Spaces

  • 1,820 Sq Ft Home
  • 2-Story Property
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Outdoor Storage

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 5036016016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $2,500
  • Net Operating Income $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,605

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Listing Broker
  • Other Phone Number: 626-251-8823
  • Property Attached: No
  • View: Yes
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5036016016
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 219.78

Exterior Features

  • Other Structures: Storage
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4998.00
  • Lot Size Acres: 0.1150

Multi Family

  • Gross Income: 2500.00
  • Gross Scheduled Income: 2500.00
  • Lot Size Area: 4998.0000 Square Feet
  • Net Operating Income: 2000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: Yes

Tax Info

  • Tax Lot: 16
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 7, 2022
Sold by
Mojarro Jose Eduardo and Garcia Javier
Bought by
Mojarro Jose Eduardo and Perez Raul Martin
Total Days on Market
292
Current Estimated Value
$885,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$442,000
Outstanding Balance
$413,728
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$471,656

Purchase Details

Closed on
Jun 19, 2014
Sold by
Praslin Jonathan
Bought by
Mojarro Jose Eduardo and Garcia Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,755
Interest Rate
4.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2013
Sold by
Deventure Holdings Llc
Bought by
Las Tunas Family Trust

Purchase Details

Listed on
May 30, 2013
Closed on
May 17, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Deventure Holdings Llc
Seller's Agent
Leo Nordine
Leo Nordine Realtors
Buyer's Agent
Russell Praslin
RUSSELL PRASLIN, BROKER
List Price
$281,400
Sold Price
$281,500
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.81%

Purchase Details

Closed on
Feb 7, 2013
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Dec 4, 2012
Sold by
Nationstar Mortgage Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Sep 10, 2012
Sold by
Rubio Reinaldo Pineda
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Oct 21, 2004
Sold by
Rubio Reina Do Pineda
Bought by
Rubio Reinaldo Pineda and Pineda Vilma G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2003
Sold by
City Housing Services Llc
Bought by
Pineda Reynaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,200
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2002
Sold by
State Street Bank & Trust Company
Bought by
City Housing Services Llc

Purchase Details

Closed on
May 3, 2002
Sold by
Smith Alice
Bought by
State Street Bank & Trust Company

Purchase Details

Closed on
Oct 23, 1998
Sold by
Momar Capital Investment Inc
Bought by
Smith Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.91%

Purchase Details

Closed on
Jul 23, 1998
Sold by
Ocwen Federal Bank Fsb
Bought by
Momar Capital Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,200
Interest Rate
6.95%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Mejia Rosa M
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
Apr 21, 1996
Sold by
Garica Miguel Angel
Bought by
Garcia Miguel Angel and Mejia Rosa Martha Perez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9.2%

Purchase Details

Closed on
Aug 29, 1995
Sold by
Mejia Rosa Martha Perez
Bought by
Garcia Miguel Angel and Mejia Rosa Martha

Purchase Details

Closed on
Sep 26, 1994
Sold by
Mejia Pedro O
Bought by
Mejia Rosa Martha Perez
Source: Public Records

Range of Values:

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Average Value
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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
Mojarro Jose Eduardo -- Ticor Title
Perez Raul Martin -- Ticor Title
Mojarro Jose Eduardo $400,000 Old Republic Title Company
Mojarro Jose Eduardo -- Old Republic Title Company
Las Tunas Family Trust -- None Available
Deventure Holdings Llc $281,500 Old Republic Title Company
Nationstar Mortgage Llc -- First American Els
Nationstar Mortgage Llc $440,000 None Available
Aurora Loan Services Llc $439,955 None Available
Rubio Reinaldo Pineda -- Fidelity National Title Comp
Pineda Reynaldo $296,000 Lawyers Title
Pineda Reynaldo -- Lawyers Title
City Housing Services Llc $156,000 --
State Street Bank & Trust Company $165,750 First American Title Ins Co
Smith Alice $200,000 Chicago Title
Momar Capital Investments Inc $100,000 Chicago Title
Ocwen Federal Bank Fsb $126,308 --
Garcia Miguel Angel -- Universal Title Company
Garcia Miguel Angel -- --
Mejia Rosa Martha Perez -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Raul Martin $442,000
Closed Mojarro Jose Eduardo $442,000
Previous Owner Mojarro Jose Eduardo $392,755
Previous Owner Rubio Reinaldo Pineda $460,000
Previous Owner Rubio Reinaldo Pineda $57,500
Previous Owner Rubio Reinaldo Pineda $360,000
Previous Owner Pineda Reynaldo $281,200
Previous Owner City Housing Services Llc $267,000
Previous Owner Smith Alice $31,000
Previous Owner Smith Alice $30,000
Previous Owner Smith Alice $180,000
Previous Owner Momar Capital Investments Inc $121,200
Previous Owner Garcia Miguel Angel $144,000
Closed Momar Capital Investments Inc $24,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $400,000 +3.9% $220 / Sq Ft
05/25/2014 05/25/14 Pending -- -- --
08/06/2013 08/06/13 For Sale $385,000 +36.8% $212 / Sq Ft
05/30/2013 05/30/13 Sold $281,500 0.0% $155 / Sq Ft
05/30/2013 05/30/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $281,400 -- $155 / 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 $7,605 $611,783 $440,267 $171,516
2024 $7,605 $599,788 $431,635 $168,153
2023 $7,466 $588,028 $423,172 $164,856
2022 $5,692 $453,006 $339,756 $113,250
2021 $5,615 $444,125 $333,095 $111,030
2020 $5,668 $439,572 $329,680 $109,892
2019 $5,454 $430,954 $323,216 $107,738
2018 $5,342 $422,505 $316,879 $105,626
2017 $5,230 $414,221 $310,666 $103,555
2016 $5,101 $406,100 $304,575 $101,525
2015 $5,429 $400,000 $300,000 $100,000
2014 $3,725 $282,778 $182,324 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13157142

California Regional Multiple Listing Service (CRMLS)

APN: 5036-016-016