NOT LISTED FOR SALE

412 E 135th St Los Angeles, CA 90061

Estimated Value: $613,000 - $904,000

2 Beds
1 Bath
1,705 Sq Ft
$450/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $489,000 $287 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,574/month

8 Days on Market

Highlights

  • Parking available for a boat
  • Wood Flooring
  • 2 Car Direct Access Garage
  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room

About This Home

As of March 2018

Duplex! As Is Investor / Home Owner Opportunity. Won't last! Property has two units, total sq ft 1705, large back yard and 2 car detached garage. Additional parking available through rear electronic gate. Hard wood floors throughout, both units are 2 bed and 1 baths. Units sold As Is in current condition. Property will need work and repairs. Located near 135th Street & Avalon - East of 91 freeway. West Rancho Dominguez & Willowbook. All measurements and information to be verified by buyer.

Last Agent to Sell the Property

Erik Kaiser

RE/MAX TerraSol License #01111620 Listed on: 12/15/2017

RE/MAX TerraSol

Last Buyer's Agent

Billie Jean O'keith

Real Broker License #00977104

Real Broker

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,501 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Direct Access Garage
  • 2 Carport Spaces
  • Parking Available
  • Rear-Facing Garage
  • Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Duplex
  • Fixer Upper
  • Raised Foundation

Interior Spaces

  • 1,705 Sq Ft Home
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 5
  • Tax Tract Number 5409
  • Assessor Parcel Number 6131002001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $700
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $5,600
  • Operating Expense $8,400
  • Gross Income $28,850
  • Net Operating Income $28,850

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 300.00
  • Zoning: LCR2YY
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6131002001
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 286.80
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway, Garage Faces Rear, RV Access/Parking
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Level with Street
  • Lot Size Sq Ft: 7501.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 700.00
  • Gross Income: 28850.00
  • Gross Operating Income: 31350.00
  • Gross Scheduled Income: 33000.00
  • Insurance Expense: 1500.00
  • Net Operating Income: 28850.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 1500.00
  • Rent Control: Yes
  • Total Actual Rent: 1250.00
  • Total Expenses: 8400.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5600.00
  • Tax Census Tract: 5409.02
  • Tax Lot: 5
  • Tax Tract Number: 5409.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2017
Sold by
Blucker Marguerite E
Bought by
Fitts Regina Delana
Current Estimated Value
$745,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,238
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2012
Sold by
Rudison Edgar C
Bought by
Rudison Edgar C and The Edgar C Rudison Trust

Purchase Details

Closed on
Dec 9, 1993
Sold by
Rudison Edgar C
Bought by
Rudison Edgar C and Rudison Eufelia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fitts Regina Delana $489,000 Fidelity National Title
Rudison Edgar C -- None Available
Rudison Edgar C -- First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fitts Regina Delana $556,238
Previous Owner Rudison Edgar C $69,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2018 03/12/18 Sold $489,000 0.0% $287 / Sq Ft
03/06/2018 03/06/18 For Sale $489,000 0.0% $287 / Sq Ft
02/22/2018 02/22/18 For Sale $489,000 0.0% $287 / Sq Ft
12/23/2017 12/23/17 Pending -- -- --
12/15/2017 12/15/17 For Sale $489,000 -- $287 / 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 $8,008 $556,394 $398,238 $158,156
2024 $7,801 $545,485 $390,430 $155,055
2023 $7,502 $534,790 $382,775 $152,015
2022 $7,161 $524,305 $375,270 $149,035
2021 $7,078 $514,025 $367,912 $146,113
2020 $7,130 $508,755 $364,140 $144,615
2019 $6,866 $498,780 $357,000 $141,780
2018 $6,272 $450,000 $300,000 $150,000
2016 $1,330 $39,915 $14,469 $25,446
2015 $1,308 $39,316 $14,252 $25,064
2014 $1,311 $38,547 $13,973 $24,574
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17276383

California Regional Multiple Listing Service (CRMLS)

APN: 6131-002-001