NOT LISTED FOR SALE

418 E 68th St Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $651,000 - $851,000

3 Beds
2 Baths
1,439 Sq Ft
$521/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $390,000 $271 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $4,536/month

47 Days on Market

Highlights

  • No Units Above
  • Laundry Room
  • 1-Story Property
  • Private Yard

About This Home

As of June 2019

Fell out of Escrow, Submit your offers today ! You do not want to miss out on this opportunity of a lifetime! Duplex located in the heart of Los Angeles, 2 bed 1 bath in the front and 1 bed 1 bath in the back. Live in one and rent the other or rent them both. Near 110 freeway & 105 Freeway, Franklin Roosevelt Park, 15 in away from DTLA, Starbucks, Superior market, 10 min from USC, 5 min from elementary/middle school/high school. Police station is 10 min away. Property sold "as-is".Buyer to investigate sq footage, permits, etc. Front unit is Vacant! Back unit has an extra bedroom and garage is used as a living space as well.

Last Agent to Sell the Property

Johnny Palma

CATALYST License #02018269 Listed on: 03/25/2019

Last Buyer's Agent

Matt Gorrek

Rodeo Realty License #02042305

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 5,410 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Private Yard
  • Garden
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 1,439 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 11
  • Assessor Parcel Number 6011011020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6011011020
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Levels: One
  • Price Per Square Foot: 271.02

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • 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: Front Yard, Garden, Yard
  • Lot Size Sq Ft: 5410.00
  • Lot Size Acres: 0.1242

Multi Family

  • Gross Scheduled Income: 3600.00
  • Lot Size Area: 5410.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2393.30
  • Tax Lot: 11
  • Tax Tract Number: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jun 11, 2019
Sold by
Stockpile Property Ventures Llc
Bought by
Gabriel A Albanez Llc
Seller's Agent
Johnny Palma
CATALYST
Buyer's Agent
Matt Gorrek
Rodeo Realty
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%
Current Estimated Value
$750,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,048
Avg. Annual Appreciation
10.48%
Original Mortgage
$344,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jun 10, 2019
Sold by
Iraheta Bernarda
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Johnny Palma
CATALYST
Buyer's Agent
Matt Gorrek
Rodeo Realty
List Price
$420,000
Sold Price
$390,000
Premium/Discount to List
-$30,000
-7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2001
Sold by
Segovia Rigoberto Saravia
Bought by
Iraheta Bernarda

Purchase Details

Closed on
Jul 10, 1998
Sold by
Prayer Time Mission Inc
Bought by
Iraheta Bernarda and Segovia Rigoberto Saravia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,242
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 1998
Sold by
Hud
Bought by
Prayer Time Mission Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,250
Interest Rate
7.07%

Purchase Details

Closed on
Sep 25, 1997
Sold by
Moran Jose and Moran Zellidhay
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jun 24, 1997
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jun 16, 1997
Sold by
Amah Emmanuel U and Amah Ginachi I
Bought by
Moran Jose

Purchase Details

Closed on
Feb 18, 1997
Sold by
Moran Jose and Moran Zellidhay
Bought by
Amah Emmanuel U and Amah Ginachi I
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gabriel A Albanez Llc $399,000 Lawyers Title Company
Stockpile Property Ventures Llc $390,000 Lawyers Title Company
Iraheta Bernarda -- --
Iraheta Bernarda $140,000 Orange Coast Title
Prayer Time Mission Inc $110,500 --
Countrywide Home Loans Inc $147,607 Landsafe Title
Hud -- Landsafe Title
Moran Jose -- --
Amah Emmanuel U -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Gabriel A Albanez Llc $344,000
Previous Owner Iraheta Bernarda $138,242
Previous Owner Prayer Time Mission Inc $84,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2019 06/21/19 Sold $390,000 -7.1% $271 / Sq Ft
05/25/2019 05/25/19 For Sale $420,000 0.0% $292 / Sq Ft
05/11/2019 05/11/19 Pending -- -- --
05/11/2019 05/11/19 Price Changed $420,000 +7.7% $292 / Sq Ft
05/01/2019 05/01/19 Off Market $390,000 -- --
04/16/2019 04/16/19 For Sale $440,000 +12.8% $306 / Sq Ft
04/15/2019 04/15/19 Off Market $390,000 -- --
04/11/2019 04/11/19 For Sale $440,000 +12.8% $306 / Sq Ft
04/11/2019 04/11/19 Off Market $390,000 -- --
03/25/2019 03/25/19 For Sale $440,000 -- $306 / 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 $7,372 $589,923 $535,802 $54,121
2024 $7,277 $578,357 $525,297 $53,060
2023 $7,140 $567,018 $514,998 $52,020
2022 $6,812 $555,900 $504,900 $51,000
2021 $5,154 $411,195 $360,698 $50,497
2020 $5,203 $406,980 $357,000 $49,980
2019 $2,636 $204,303 $109,179 $95,124
2018 $2,525 $200,298 $107,039 $93,259
2016 $2,399 $192,523 $102,884 $89,639
2015 $2,365 $189,632 $101,339 $88,293
2014 $2,384 $185,918 $99,354 $86,564
Source: Public Records

Agents Affiliated with this Home

  • Johnny Palma

    Seller's Agent in 2019

    Johnny Palma

    CATALYST

    (310) 956-8714

    5 Total Sales

    Johnny Palma
    Section Image

  • M

    Buyer's Agent in 2019

    Matt Gorrek

    Rodeo Realty

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19066246

California Regional Multiple Listing Service (CRMLS)

APN: 6011-011-020

California Los Angeles County Los Angeles 90003 Florence

418 E 68th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes