NOT LISTED FOR SALE

Estimated Value: $620,000 - $772,217

2 Beds
1 Bath
1,444 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $515,000 $357 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,142/month

56 Days on Market

Highlights

  • Attic
  • No HOA
  • Crown Molding
  • Corner Lot
  • Two Homes on a Lot
  • 4-minute walk to Ross Snyder Recreation Center

About This Home

As of December 2021

GREAT INVESTMENT OPPORTUNITY!! Live in one and rent the other. Located in the heart of L.A! Commuter friendly with easy access to major freeways. The property needs a little TLC and is located in a corner lot. This duplex features a 2 bedrooms and 1 full bath each. The carport has been converted into a storage room. The property is enclosed with their own driveway and entrance. Title records show different bedroom count buyer to verify. DRIVE-BY ONLY!! DO NOT APPROACH THE PROPERTY OR THE SELLERS!!!

Last Agent to Sell the Property

Norma Rodriguez

First Team Real Estate License #01788141 Listed on: 05/04/2021

Last Buyer's Agent

Monica Olmos

Century 21 Masters License #01227976

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 4,245 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Corner Lot
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Cosmetic Repairs Needed
  • Stucco

Interior Spaces

  • 1,444 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Center Hall
  • Disposal
  • Window Bars
  • Attic

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Driveway

Utilities

  • Wall Furnace
  • Natural Gas Connected

Additional Features

  • Outdoor Storage
  • Two Homes on a Lot

Listing and Financial Details

  • Legal Lot and Block 35 / B
  • Tax Tract Number 35
  • Assessor Parcel Number 5116015035

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $3,398
  • Operating Expense $8,438
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Window Bars
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5116015035
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 356.65
  • Room Type: All Bedrooms Down, Attic, Center Hall, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Other Structures: Storage, Two On A Lot
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • 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: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 4245.00
  • Lot Size Acres: 0.0975

Multi Family

  • Electric Expense: 1440.00
  • Gross Scheduled Income: 44400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4245.0000 Square Feet
  • Net Operating Income: 30000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 1
  • Number With Disposal: 1
  • Number With Patio: 2
  • Operating Expense: 1200.00
  • Rent Control: Yes
  • Total Expenses: 8438.00

Tax Info

  • New Taxes Expense: 3398.00
  • Tax Block: B
  • Tax Census Tract: 2281.00
  • Tax Lot: 35
  • Tax Tract Number: 35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2016
Sold by
Palma Carlos
Bought by
Morales Palma Zoila E
Current Estimated Value
$683,304

Purchase Details

Closed on
Dec 10, 2010
Sold by
Rebollar Francisco
Bought by
Rebollar Francisco and The Rebollar Family Trust

Purchase Details

Closed on
Sep 29, 2010
Sold by
Aburto Rafaela
Bought by
Rebollar Francisco

Purchase Details

Closed on
Jul 18, 2003
Sold by
Aburto Felix V
Bought by
Aburto Rafaela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,780
Interest Rate
5.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 29, 2003
Sold by
Briseno Christian F
Bought by
Aburto Rafaela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,780
Interest Rate
5.29%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 23, 2001
Sold by
Briseno Gloria M
Bought by
Briseno Christian F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
10.65%

Purchase Details

Closed on
Jul 6, 2000
Sold by
Arrellano Fidel
Bought by
Principal Residential Mtg Inc

Purchase Details

Closed on
Jan 5, 1996
Sold by
Espinoza Lorenzo
Bought by
Arellano Fidel and Rosales Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,950
Interest Rate
6.99%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 1995
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Espinoza Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.63%

Purchase Details

Closed on
Jul 28, 1995
Sold by
Espinoza Cynthia
Bought by
Espinoza Lorenzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7.63%

Purchase Details

Closed on
Sep 27, 1994
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 15, 1994
Sold by
Munoz Baltazar and Munoz Eduvigjes
Bought by
American Svgs Bank Fa
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
Morales Palma Zoila E -- None Available
Palma Carlos -- None Available
Rebollar Francisco -- None Available
Rebollar Francisco $175,000 First American Title
Aburto Rafaela A -- Southland Title Corporation
Aburto Rafaela A $219,000 Southland Title Corporation
Briseno Christian F -- Stewart Title
Briseno Christian F $160,000 Stewart Title
Principal Residential Mtg Inc $164,634 North American Title Co
Arellano Fidel $159,000 South Coast Title Company
Espinoza Lorenzo $60,000 --
Espinoza Lorenzo -- --
Federal Home Loan Mortgage Corporation -- First American Title Company
American Svgs Bank Fa $115,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Aburto Rafaela A $43,780
Previous Owner Aburto Rafaela A $175,120
Previous Owner Briseno Christian F $120,000
Previous Owner Arellano Fidel $155,950
Previous Owner Espinoza Lorenzo $48,000
Closed Briseno Christian F $24,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $515,000 -1.0% $357 / Sq Ft
10/22/2021 10/22/21 For Sale $520,000 0.0% $360 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $520,000 -- $360 / 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 $6,831 $546,521 $424,483 $122,038
2024 $6,748 $535,806 $416,160 $119,646
2023 $6,620 $525,300 $408,000 $117,300
2022 $6,316 $515,000 $400,000 $115,000
2021 $4,121 $324,856 $185,787 $139,069
2020 $4,159 $321,526 $183,882 $137,644
2019 $4,002 $315,223 $180,277 $134,946
2018 $3,912 $309,043 $176,743 $132,300
2016 $3,415 $270,562 $163,292 $107,270
2015 $3,367 $266,499 $160,840 $105,659
2014 $3,389 $261,280 $157,690 $103,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG21094271

California Regional Multiple Listing Service (CRMLS)

APN: 5116-015-035