NOT LISTED FOR SALE

Estimated Value: $707,000 - $1,333,623

3 Beds
1 Bath
1,320 Sq Ft
$702/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $515,000 $390 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,936/month

18 Days on Market

Highlights

  • No HOA
  • Rectangular Lot
  • 1-Story Property
  • Laundry Room

About This Home

As of December 2019

Craftsman Fixer with Huge Upside ~ R-2 Zoning ~ Deep, Flat Lot with Wide Driveway ~ Original Craftsman Character ~ This property in the red-hot 90062 zip code offers big profit potential for the savvy investor. Renovate the existing Craftsman for a big-spread flip, or add a Second Unit and/or ADU on the spacious R-2 lot for huge buy-and-hold Cash Flow potential. Located in a prime area surrounding by big money development, this project offers multiple profitable strategies. Submit your offer today!

Last Agent to Sell the Property

Max James-Armand

Electric Estates License #01912736 Listed on: 10/11/2019

Last Buyer's Agent

Max Armand

Max James-Armand, Broker License #01912736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,759

Year Built

  • Built in 1912

Lot Details

  • 6,691 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned LAR2

Parking

  • 1 Car Garage

Interior Spaces

  • 1,320 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 224
  • Tax Tract Number 212
  • Assessor Parcel Number 5021003026

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,759

Year Built

Built in 1912

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5021003026
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1320.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 390.15
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 6691.00
  • Lot Size Acres: 0.1536

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6691.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2316.00
  • Tax Lot: 224
  • Tax Tract Number: 212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 21, 2019
Sold by
Property Buyer Inc
Bought by
Laguardia Investments Inc
Seller's Agent
Max James-Armand
Electric Estates
Buyer's Agent
Max Armand
Max James-Armand, Broker
List Price
$525,000
Sold Price
$515,000
Premium/Discount to List
-$10,000
-1.9%
Current Estimated Value
$926,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,656
Avg. Annual Appreciation
10.59%

Purchase Details

Closed on
Jul 17, 2019
Sold by
Bisserup Raymond Carlton and Estate Of Veta Parker
Bought by
Property Buyer Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 22, 2007
Sold by
Parker Veta
Bought by
Parker Veta

Purchase Details

Closed on
Feb 17, 2006
Sold by
Parker John E
Bought by
Parker Veta

Purchase Details

Closed on
Jan 9, 2003
Sold by
Parker Veta
Bought by
Parker Veta and Parker John E

Purchase Details

Closed on
Mar 5, 1999
Sold by
Benze Lacy
Bought by
Benze Lacy and Benze Veta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Interest Rate
5.15%

Purchase Details

Closed on
Jun 10, 1997
Sold by
Benze Lacy
Bought by
Benze Lacy and Benze Veta
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
Laguardia Investments Inc $515,000 First American Title Company
Property Buyer Inc $400,000 First American Title Company
Parker Veta -- None Available
Parker Veta -- None Available
Parker Veta -- --
Benze Lacy -- Orange Coast Title
Benze Lacy -- Orange Coast Title
Benze Lacy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laguardia Investments Inc $650,000
Previous Owner Property Buyer Inc $450,000
Previous Owner Benze Veta $128,500
Previous Owner Benze Lacy $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2019 12/03/19 Sold $515,000 -1.9% $390 / Sq Ft
10/11/2019 10/11/19 For Sale $525,000 -- $398 / 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 $10,759 $880,923 $450,579 $430,344
2024 $10,759 $863,651 $441,745 $421,906
2023 $10,557 $846,718 $433,084 $413,634
2022 $10,075 $830,117 $424,593 $405,524
2021 $6,599 $534,135 $416,268 $117,867
2019 $661 $35,987 $24,147 $11,840
2018 $555 $35,282 $23,674 $11,608
2016 $518 $33,913 $22,755 $11,158
2015 $512 $33,405 $22,414 $10,991
2014 $525 $32,751 $21,975 $10,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19241172

California Regional Multiple Listing Service (CRMLS)

APN: 5021-003-026