NOT LISTED FOR SALE

Estimated Value: $804,000 - $871,789

2 Beds
2 Baths
1,984 Sq Ft
$424/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $428,000 $216 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,116/month

26 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Cottage
  • Laundry Room
  • Wood Flooring
  • Converted Garage
  • Floor Furnace

About This Home

As of October 2015

This is a gorgeous 2 Bed / 2 Bath duplex... Both 1 Bed / 1 Bath units are virtually identical... Located ever so close to the Metrolink, USC, The Coliseum, Exposition park, Proposed New Soccer Stadium as well as The Revitalization of the Leimert Park area. Minutes to Downtown and FWYs. Avacado and Orange Trees... Both units occupied, one Unit would like to stay if possible after COE. Well manicured landscape both front and rear of property... Units had fairly recent improvements a few years ago. Units have been well maintained and are in move in condition. Property being sold As-is...

Last Agent to Sell the Property

Aaron Roberts

Tri Coastal Realty License #01172649 Listed on: 08/14/2015

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,330

Year Built

  • Built in 1922

Lot Details

  • 6,488 Sq Ft Lot
  • 1 Common Wall
  • Brick Fence
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Converted Garage
  • Parking Available
  • Driveway

Home Design

  • Cottage
  • Property Attached

Interior Spaces

  • 1,984 Sq Ft Home
  • Decorative Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Location

  • Urban Location

Utilities

  • Floor Furnace
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 2583
  • Assessor Parcel Number 5021006006

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $480
  • New Taxes Expense $6,209
  • Gross Income $2,600
  • Net Operating Income $22,711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,330

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 480.00
  • Architectural Style: Cottage
  • Property Type: Residential Income
  • Parcel Number: 5021006006
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Decorative, Living Room
  • Levels: One
  • Price Per Square Foot: 215.73
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Fencing: Brick
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Converted Garage, Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6488.00
  • Price Per Lot Square Foot: 65.97
  • Lot Size Acres: 0.1490

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6488.0000 Square Feet
  • Net Operating Income: 22711.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8489.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 6209.00
  • Tax Lot: 44
  • Tax Tract Number: 2583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2015
Closed on
Oct 6, 2015
Sold by
Williams Hope E
Bought by
Willis Radonna Sue
Seller's Agent
Aaron Roberts
Tri Coastal Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$419,000
Sold Price
$428,000
Premium/Discount to List
$9,000
2.15%
Current Estimated Value
$841,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$413,947
Avg. Annual Appreciation
7.10%
Original Mortgage
$420,247
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2007
Sold by
Williams Hope E and Williams Geraldine
Bought by
Williams Hope E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2005
Sold by
Williams Hope E
Bought by
Williams Hope E

Purchase Details

Closed on
Feb 8, 2005
Sold by
Williams Geraldine and Williams Hope E
Bought by
Williams Hope E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.81%
Mortgage Type
New Conventional
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
Willis Radonna Sue $428,000 Lawyers Title
Williams Hope E -- Gateway Title Company
Williams Hope E -- --
Williams Hope E -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willis Radonna S $129,500
Open Willis Radonna Sue $480,000
Closed Willis Radonna Sue $488,000
Closed Willis Radonna Sue $427,350
Closed Willis Radonna Sue $420,247
Previous Owner Williams Hope E $150,000
Previous Owner Williams Hope E $300,000
Previous Owner Williams Hope E $120,000
Previous Owner Williams Hope E $200,000
Previous Owner Williams Geraldine $95,114
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $428,000 +2.1% $216 / Sq Ft
09/09/2015 09/09/15 Pending -- -- --
08/14/2015 08/14/15 For Sale $419,000 -- $211 / 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 $6,330 $506,660 $388,283 $118,377
2024 $6,330 $496,726 $380,670 $116,056
2023 $6,215 $486,987 $373,206 $113,781
2022 $5,937 $477,439 $365,889 $111,550
2021 $5,856 $468,078 $358,715 $109,363
2019 $5,686 $454,196 $348,076 $106,120
2018 $5,588 $445,291 $341,251 $104,040
2016 $8,516 $428,000 $328,000 $100,000
2015 $6,177 $498,709 $324,742 $173,967
2014 $6,210 $488,941 $318,381 $170,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15181289

California Regional Multiple Listing Service (CRMLS)

APN: 5021-006-006