NOT LISTED FOR SALE

Estimated Value: $589,090 - $728,000

2 Beds
1 Bath
1,624 Sq Ft
$418/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $455,000 $280 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,244/month

13 Days on Market

About This Home

As of March 2019

Duplex For Sale! Currently, both units occupied collecting good rents! Opportunity to own investment property in South L.A. minutes away from Downtown Los Angeles, USC, Banc of California Stadium, & Koreatown. Accessible to I-10 & 110 freeways.

Last Agent to Sell the Property

David Medina

AFD REALTY, INC. License #01921935 Listed on: 01/28/2019

Last Buyer's Agent

Enrique Sifuentes

Pinnacle Estate Properties, Inc. License #01720105

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,312

Year Built

  • Built in 1930

Lot Details

  • 5,186 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Interior Spaces

  • 1,624 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 228220
  • Assessor Parcel Number 5116002024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,312

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5116002024
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 280.17

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5186.00
  • Lot Size Acres: 0.1191

Multi Family

  • Lot Size Area: 5186.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2282.20
  • Tax Lot: 21
  • Tax Tract Number: 228220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Najera Pedro
Bought by
Najera Pedro and Najera Elvira
Current Estimated Value
$679,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,858
Outstanding Balance
$299,181
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$379,842

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 18, 2019
Sold by
Melchor Freddy O and Vazquez Miguel A
Bought by
Najera Pedro
Seller's Agent
David Medina
AFD REALTY, INC.
Buyer's Agent
Enrique Sifuentes
Pinnacle Estate Properties, Inc.
List Price
$470,000
Sold Price
$455,000
Premium/Discount to List
-$15,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$318,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2019
Closed on
Mar 14, 2019
Sold by
Najera Elvira
Bought by
Najera Pedro
Seller's Agent
David Medina
AFD REALTY, INC.
Buyer's Agent
Enrique Sifuentes
Pinnacle Estate Properties, Inc.
List Price
$470,000
Sold Price
$455,000
Premium/Discount to List
-$15,000
-3.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2016
Closed on
Sep 8, 2016
Sold by
Ramos Patricia
Bought by
Vasquez Miguel A
Seller's Agent
Mel Robles
Century 21 Allstars
Buyer's Agent
Jose Gorostiza
VIP RE Firm
List Price
$379,000
Sold Price
$380,000
Premium/Discount to List
$1,000
0.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%

Purchase Details

Closed on
May 19, 2016
Sold by
Navarro Carlos and Navarro Elvia
Bought by
Melchor Freddy O and Vazquez Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2007
Sold by
Navarro Carlos and Navarro Elvia
Bought by
Navarro Carlos and Navarro Elvia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2004
Sold by
Navarro Juan M and Navarro Maria G
Bought by
Navarro Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,350
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 1997
Sold by
Aames Capital Corp
Bought by
Navarro Juan M and Navarro Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
7.44%

Purchase Details

Closed on
Jul 2, 1997
Sold by
Noble Sharon and Aames Capital Corp
Bought by
Aames Capital Corp

Purchase Details

Closed on
Aug 9, 1996
Sold by
Noble Dexter Wayne
Bought by
Noble Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.42%
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
Najera Pedro -- Ticor Title Co
Najera Pedro $455,000 Corinthian Title Company
Najera Pedro -- Corinthian Title
Vasquez Miguel A -- Old Republic Title Company
Melchor Freddy O $380,000 Old Republic Title Company
Navarro Carlos -- Financial Title Company
Navarro Carlos $150,000 --
Navarro Juan M $85,000 Orange Coast Title
Aames Capital Corp $63,296 Orange Coast Title
Noble Sharon -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Najera Pedro $334,858
Closed Najera Pedro $318,500
Previous Owner Melchor Freddy O $373,117
Previous Owner Navarro Carlos $321,000
Previous Owner Navarro Carlos $105,000
Previous Owner Navarro Carlos $184,000
Previous Owner Navarro Carlos $46,000
Previous Owner Navarro Carlos $150,350
Previous Owner Navarro Juan M $125,000
Previous Owner Navarro Juan M $76,500
Previous Owner Noble Sharon $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $455,000 -3.2% $280 / Sq Ft
02/10/2019 02/10/19 Pending -- -- --
01/28/2019 01/28/19 For Sale $470,000 +23.7% $289 / Sq Ft
09/13/2016 09/13/16 Sold $380,000 +0.3% $234 / Sq Ft
04/28/2016 04/28/16 For Sale $379,000 -- $233 / 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 $6,312 $507,557 $396,007 $111,550
2024 $6,312 $497,606 $388,243 $109,363
2023 $6,194 $487,850 $380,631 $107,219
2022 $5,911 $478,285 $373,168 $105,117
2021 $5,835 $468,907 $365,851 $103,056
2020 $5,891 $464,100 $362,100 $102,000
2019 $4,964 $395,352 $218,484 $176,868
2018 $4,858 $387,600 $214,200 $173,400
2016 $3,263 $264,533 $144,120 $120,413
2015 $3,216 $260,561 $141,956 $118,605
2014 $3,237 $255,458 $139,176 $116,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19032428

California Regional Multiple Listing Service (CRMLS)

APN: 5116-002-024