NOT LISTED FOR SALE

Estimated Value: $894,719 - $1,047,000

9 Beds
5 Baths
3,008 Sq Ft
$333/Sq Ft Est. Value

Last Sold March 15, 2017

Last sale price $580,000 $193 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,943/month

191 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Front Yard

About This Home

As of March 2017

Presenting a large duplex in South Los Angeles! Conveniently located near shops, schools, and
transit. Over 3,000 square feet of living space! Unit 1 consists of 5 bedrooms, 3 bathrooms. The unit is completely renovated with
new kitchen, quartz tops, updated bathrooms, new laminate wood flooring, recessed lighting, and new kitchen appliances! Unit 2
contains 4 bedrooms and 2 bathrooms. Open kitchen has granite tops and an island. Updated landscaping. Wood fencing. Long
driveway and large carport offer plenty of parking space! This is a must see!

Last Agent to Sell the Property

Andres Segovia

Mark 1 Real Estate, Inc. License #01909449 Listed on: 08/03/2016

Last Buyer's Agent

Marjorie Crow

Beach City Brokers License #01356834

Beach City Brokers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 5,181 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Home Design

  • Property Attached

Interior Spaces

  • 3,008 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Unassigned Parking

Location

  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 7 / 15
  • Tax Tract Number 6401
  • Assessor Parcel Number 6063013007

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
  • Insurance Expense $900
  • Trash Expense $200
  • New Taxes Expense $2,950
  • Operating Expense $4,050
  • Gross Income $1,400
  • Net Operating Income $25,560

Property Details

Home Type

Multi-Family

Year Built

Built in 2007 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LAR2
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6063013007
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 192.82

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 200.00
  • 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: Front Yard, Near Public Transit
  • Lot Size Sq Ft: 5181.00
  • Price Per Lot Square Foot: 120.63

Multi Family

  • Gross Income: 1400.00
  • Gross Scheduled Income: 42600.00
  • Insurance Expense: 900.00
  • Net Operating Income: 25560.00
  • 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
  • Number With Range: 2
  • Operating Expense: 17040.00
  • Rent Control: Yes
  • Total Actual Rent: 1400.00
  • Total Expenses: 4050.00

Tax Info

  • New Taxes Expense: 2950.00
  • Tax Block: 15
  • Tax Lot: 7
  • Tax Tract Number: 6401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2022
Sold by
Cesar Luis
Bought by
Cesar Luis 2022 Revocable Trust
Current Estimated Value
$1,000,930

Purchase Details

Listed on
Aug 3, 2016
Closed on
Feb 15, 2017
Sold by
Segovia Group Llc
Bought by
Luis Cesar
Seller's Agent
Andres Segovia
Mark 1 Real Estate, Inc.
Buyer's Agent
Marjorie Crow
Beach City Brokers
List Price
$599,000
Sold Price
$580,000
Premium/Discount to List
-$19,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$435,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2014
Sold by
Segovia Jose Alfonso
Bought by
Segovia Group Llc

Purchase Details

Closed on
Jan 18, 2008
Sold by
Segovia Jose Alfonso and Segovia Maribel
Bought by
Segovia Jose Alfonso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,500
Interest Rate
6.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2005
Sold by
Hodges Marjorie J and Estate Of Clavorn Hall
Bought by
Segovia Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
7.47%
Mortgage Type
Negative Amortization
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
Cesar Luis 2022 Revocable Trust -- --
Luis Cesar $580,000 Equity Title Co
Segovia Group Llc -- None Available
Segovia Jose Alfonso -- Fidelity Van Nuys
Segovia Jose A $340,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luis Cesar $435,000
Previous Owner Segovia Jose Alfonso $294,500
Previous Owner Segovia Jose A $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $580,000 -1.7% $193 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
02/07/2017 02/07/17 Price Changed $589,999 -0.8% $196 / Sq Ft
01/07/2017 01/07/17 Price Changed $594,999 -0.7% $198 / Sq Ft
01/06/2017 01/06/17 For Sale $599,000 +3.3% $199 / Sq Ft
12/16/2016 12/16/16 Off Market $580,000 -- --
11/26/2016 11/26/16 For Sale $599,000 +3.3% $199 / Sq Ft
11/14/2016 11/14/16 Off Market $580,000 -- --
10/20/2016 10/20/16 Price Changed $599,000 -1.8% $199 / Sq Ft
10/14/2016 10/14/16 Price Changed $610,000 -0.8% $203 / Sq Ft
09/29/2016 09/29/16 Price Changed $614,900 -0.8% $204 / Sq Ft
09/16/2016 09/16/16 Price Changed $620,000 -0.8% $206 / Sq Ft
09/07/2016 09/07/16 Price Changed $625,000 -0.8% $208 / Sq Ft
08/24/2016 08/24/16 Price Changed $629,900 -1.6% $209 / Sq Ft
08/03/2016 08/03/16 For Sale $639,900 -- $213 / 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 $8,502 $673,132 $278,537 $394,595
2024 $8,502 $659,934 $273,076 $386,858
2023 $8,341 $646,995 $267,722 $379,273
2022 $7,965 $634,310 $262,473 $371,837
2021 $7,853 $621,874 $257,327 $364,547
2019 $7,620 $603,432 $249,696 $353,736
2018 $7,513 $591,600 $244,800 $346,800
2016 $4,513 $341,724 $124,263 $217,461
2015 $4,447 $336,592 $122,397 $214,195
2014 $5,099 $382,000 $158,100 $223,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16181496

California Regional Multiple Listing Service (CRMLS)

APN: 6063-013-007