NOT LISTED FOR SALE

Estimated Value: $765,000 - $979,000

4 Beds
2 Baths
1,876 Sq Ft
$468/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $770,000 $410 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,450/month

20 Days on Market

Highlights

  • No HOA
  • Garden
  • 1-Story Property
  • Laundry Room

About This Home

As of October 2021

THE INVESTMENT OPPORTUNITY YOU HAVE BEEN LOOKING FOR!!! One of LA’s fastest-growing neighborhoods NEAR the Memorial Coliseum (Host of the upcoming 2028 Olympics), Expo Park and Banc of California Stadium, USC, the EXPO line, the highly anticipated 1 Billion Lucus Museum and MINUTES to downtown, LA Convention Center, LA Live & Staples Center. This property has been well maintained and it shows for it. Both units are a 2 bedroom and 1 bath. Best part is both units will be delivered with no tenants! An opportunity like this is very hard to find! Do not wait on this amazing opportunity, not to mention the detached garage than can potentially be converted into a ADU. This property will not last!

Last Agent to Sell the Property

Wilbert Alvarado

Century 21 Allstars License #01982771 Listed on: 08/28/2021

Century 21 Allstars

Last Buyer's Agent

Yadira Sandoval

Keller Williams Realty Westside License #01991357

Keller Williams Realty Westside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,935

Year Built

  • Built in 1922

Lot Details

  • 5,851 Sq Ft Lot
  • 1 Common Wall
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,876 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 2319
  • Assessor Parcel Number 5021006031
  • $344 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,935

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 375000
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5021006031
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 410.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 5851.00
  • Lot Size Acres: 0.1343

Rental Info

  • Tenant Pays: None

Multi Family

  • Lot Size Area: 5851.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2315.00
  • Tax Lot: 24
  • Tax Tract Number: 2319
  • TaxOtherAnnualAssessmentAmount: 344.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Sep 19, 2021
Sold by
Licea Maria and Maria Licea Revocable Trust
Bought by
Calderon Manuel Alberto
Seller's Agent
Wilbert Alvarado
Century 21 Allstars
Buyer's Agent
Yadira Sandoval
Keller Williams Realty Westside
List Price
$749,999
Sold Price
$770,000
Premium/Discount to List
$20,001
2.67%
Current Estimated Value
$878,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,802
Avg. Annual Appreciation
2.64%
Original Mortgage
$770,000
Outstanding Balance
$703,690
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$147,631

Purchase Details

Closed on
Aug 17, 2007
Sold by
Heredia Maria Bertha
Bought by
Licea Maria and Maria Licea Revocable Trust

Purchase Details

Closed on
Dec 8, 2006
Sold by
Heredia Joel
Bought by
Heredia Maria Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2004
Sold by
Heredia Maria Bertha and Licea Maria Bertha
Bought by
Heredia Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2002
Sold by
Licea Julio
Bought by
Licea Maria Bertha

Purchase Details

Closed on
Jul 17, 2002
Sold by
Simpson J Albert J and Simpson Clara Douglas
Bought by
Licea Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,130
Interest Rate
7%

Purchase Details

Closed on
Oct 2, 2001
Sold by
Simpson Albert and Simpson Clara D
Bought by
Simpson Albert

Purchase Details

Closed on
Oct 3, 1996
Sold by
Simpson Albert
Bought by
Simpson Clara Douglas

Purchase Details

Closed on
Sep 17, 1995
Sold by
Brown Kenner
Bought by
Brown Kenner
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
Calderon Manuel Alberto $770,000 Wfg Title Company Of Ca
Licea Maria -- None Available
Heredia Maria Bertha -- Lawyers Title
Heredia Joel -- Fidelity National Financial
Licea Maria Bertha -- --
Licea Julio $229,000 First American Title Co
Simpson Albert -- --
Simpson Clara Douglas -- --
Simpson Clara Douglas -- --
Brown Kenner -- --
Brown Kenner -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calderon Manuel Alberto $770,000
Previous Owner Heredia Maria Bertha $295,000
Previous Owner Heredia Joel $257,000
Previous Owner Licea Julio $222,130
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2021 10/18/21 Sold $770,000 +2.7% $410 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $749,999 -- $400 / 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 $7,935 $817,129 $636,724 $180,405
2024 $7,935 $801,108 $624,240 $176,868
2023 $7,853 $785,400 $612,000 $173,400
2022 $7,590 $770,000 $600,000 $170,000
2021 $3,865 $306,395 $194,007 $112,388
2019 $3,753 $297,308 $188,253 $109,055
2018 $3,648 $291,479 $184,562 $106,917
2016 $3,473 $280,163 $177,397 $102,766
2015 $3,423 $275,956 $174,733 $101,223
2014 $3,447 $270,552 $171,311 $99,241
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21190251

California Regional Multiple Listing Service (CRMLS)

APN: 5021-006-031