NOT LISTED FOR SALE

Estimated Value: $1,251,000 - $1,719,000

6 Beds
4 Baths
3,442 Sq Ft
$426/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $1,187,000 $345 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $9,114/month

Highlights

  • Wood Flooring
  • Granite Countertops
  • Double Oven
  • Main Floor Bedroom
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window

About This Home

As of April 2021

Spacious Gated Mid-City Duplex with Lots of Charm! Welcome to this pride of ownership duplex nestled in the prime Mid-City area of Los Angeles. The building has been impeccably maintained and is the perfect opportunity to either live in and rent out one unit or rent both desirable units. The lower unit has three spacious bedrooms and the upper unit has four bedrooms and a private balcony. Both units feature hardwood floors, granite countertops, center islands, and stainless steel appliances in the kitchens, fireplaces in the living rooms, spacious bedrooms and bathrooms with large closets, laundry rooms, and their own private garages. Just down the street from famous Lafayette Square, a Historic Preservation Overlay Zone, shopping, entertainment, great downtown restaurants, and much more!

Last Agent to Sell the Property

Eric Delgado

Luxury Collective License #01831579 Listed on: 03/03/2021

Last Buyer's Agent

Nabil Suleiman

Atlas Elm Realty License #02004196

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,600

Year Built

  • Built in 1926

Lot Details

  • 5,998 Sq Ft Lot
  • No Common Walls
  • Brick Fence
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Carport
  • Parking Available
  • Two Garage Doors
  • Driveway
  • RV Potential

Home Design

  • Duplex

Interior Spaces

  • 3,442 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Mirrored Closets Doors
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 4149
  • Assessor Parcel Number 5060011022

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Operating Expense $1,500
  • Gross Income $96,000
  • Net Operating Income $96,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,600

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5060011022
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Stone, Wood
  • Appliances: Yes
  • Door Features: Mirror Closet Door(s)
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 344.86
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Brick
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Covered, Driveway, Garage - Two Door, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5998.00
  • Lot Size Acres: 0.1377

Multi Family

  • Gross Income: 96000.00
  • Gross Scheduled Income: 96000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5998.0000 Square Feet
  • Net Operating Income: 96000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 1500.00

Tax Info

  • Tax Census Tract: 2187.01
  • Tax Lot: 2
  • Tax Tract Number: 4149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2024
Sold by
Shih Mike Her Wan and Yau Kitty Kit
Bought by
Shih And Yau Family Trust and Shih
Current Estimated Value
$1,466,606

Purchase Details

Listed on
Mar 3, 2021
Closed on
Mar 19, 2021
Sold by
Ortega Donato and Sanchez Gloria
Bought by
Shih Mike and Yau Kitty
Seller's Agent
Eric Delgado
Luxury Collective
Buyer's Agent
Nabil Suleiman
Atlas Elm Realty
List Price
$1,099,000
Sold Price
$1,187,000
Premium/Discount to List
$88,000
8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$890,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2006
Sold by
Ortega Catalina
Bought by
Ortega Donato

Purchase Details

Closed on
Mar 24, 2005
Sold by
Oates Shaun C
Bought by
Sanchez Rafael and Sanchez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2001
Sold by
Swanson Jermaine T
Bought by
Oates Shaun C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,811
Interest Rate
9.2%

Purchase Details

Closed on
May 27, 1998
Sold by
Coleman Courtney L
Bought by
Swanson Jermaine T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,700
Interest Rate
7.11%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 25, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Coleman Courtney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.31%

Purchase Details

Closed on
Nov 24, 1997
Sold by
Coleman Donna K
Bought by
Coleman Courtney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.31%

Purchase Details

Closed on
Sep 4, 1997
Sold by
Fletcher Gilbert
Bought by
Mellon Mtg Company

Purchase Details

Closed on
Aug 14, 1997
Sold by
Mellon Mtg Company
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 14, 1997
Sold by
Fletcher George
Bought by
Fletcher Sylvia Hunter

Purchase Details

Closed on
Dec 2, 1996
Sold by
Fletcher Gilbert
Bought by
Fletcher George
Source: Public Records

Range of Values:

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
Shih And Yau Family Trust -- None Listed On Document
Shih Mike $1,187,000 Lawyers Title
Ortega Donato -- None Available
Sanchez Gloria -- None Available
Ortega Donato $350,000 None Available
Sanchez Rafael $640,000 Landsafe Title
Oates Shaun C $289,000 Commonwealth Land Title Co
Swanson Jermaine T $257,000 United Title Company
Coleman Courtney $145,000 First American Title Co
Coleman Courtney L -- First American
Mellon Mtg Company $201,297 American Title Ins Co
Federal Home Loan Mortgage Corporation -- American Title Ins Co
Fletcher Sylvia Hunter -- --
Fletcher George -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shih Mike $890,250
Previous Owner Sanchez Rafael $500,000
Previous Owner Oates Shaun C $112,000
Previous Owner Oates Shaun C $348,000
Previous Owner Oates Shaun C $60,000
Previous Owner Oates Shaun C $259,811
Previous Owner Swanson Jermaine T $25,700
Previous Owner Swanson Jermaine T $205,600
Previous Owner Coleman Courtney $147,000
Closed Coleman Courtney $24,500
Closed Sanchez Rafael $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $1,187,000 +8.0% $345 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $1,099,000 -- $319 / 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 $15,600 $1,284,844 $865,945 $418,899
2024 $15,600 $1,259,652 $848,966 $410,686
2023 $15,303 $1,234,954 $832,320 $402,634
2022 $14,600 $1,210,740 $816,000 $394,740
2021 $9,980 $824,152 $515,098 $309,054
2020 $10,077 $816,223 $509,817 $306,406
2019 $9,682 $800,230 $499,821 $300,409
2018 $9,558 $784,550 $490,021 $294,529
2016 $9,111 $753,588 $470,994 $282,594
2015 $8,116 $670,000 $418,900 $251,100
2014 $7,578 $610,000 $381,400 $228,600
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: SR21044394

California Regional Multiple Listing Service (CRMLS)

APN: 5060-011-022