NOT LISTED FOR SALE

424 E 118th St Los Angeles, CA 90061

Green Meadows Neighborhood

Estimated Value: $735,000 - $858,231

5 Beds
2 Baths
1,428 Sq Ft
$554/Sq Ft Est. Value

Last Sold October 10, 2019

Last sale price $475,000 $333 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,936/month

24 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 2-minute walk to Avalon Station
  • Views
  • Property is near public transit
  • Private Yard
  • Living Room

About This Home

As of October 2019

Get it while its hot!!! The first time on the market in many many years. bring your paint and brushes and your imagination to make this one your own. Bring the mother in law for the back unit or rent it out the value of this duplex is the gift that keeps on giving. With this huge lot there is room to add another unit if you choose.

Last Agent to Sell the Property

ROBBYN EASTERN VAUGHN

Home Team Realty License #01296928 Listed on: 08/09/2019

Home Team Realty

Last Buyer's Agent

ROBBYN EASTERN VAUGHN

Home Team Realty License #01296928 Listed on: 08/09/2019

Home Team Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,660

Year Built

  • Built in 1922

Lot Details

  • 8,688 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Private Yard
  • Garden
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Raised Foundation

Interior Spaces

  • 1,428 Sq Ft Home
  • Drapes & Rods
  • Living Room
  • Carpet
  • Fire and Smoke Detector
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Public Parking
  • Parking Available
  • Driveway Level
  • Paved Parking
  • Parking Lot

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Connected
  • Cable TV Available

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 118
  • Tax Tract Number 3598
  • Assessor Parcel Number 6083021008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Trash Expense $1,860
  • New Taxes Expense $1,800
  • Operating Expense $5,160
  • Gross Income $37,200
  • Net Operating Income $35,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,660

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: Lar2
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6083021008
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Parking, See Remarks
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 332.63
  • Room Type: All Bedrooms Down, Living Room, Main Floor Bedroom
  • Window Features: Drapes

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Other
  • Spa: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Concrete, Driveway Level, Parking Space, Private, Public
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1860.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Garden, Landscaped, Near Public Transit, Paved, Yard
  • Lot Size Sq Ft: 8688.00
  • Lot Size Acres: 0.1994

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 556 Square Feet
  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8688.0000 Square Feet
  • Net Operating Income: 35400.00
  • 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 Carpet: 2
  • Number With Drapes: 1
  • Operating Expense: 1800.00
  • Rent Control: No
  • Total Actual Rent: 1000.00
  • Total Expenses: 5160.00

Tax Info

  • New Taxes Expense: 1800.00
  • Tax Area: 461
  • Tax Census Tract: 2410.02
  • Tax Lot: 118
  • Tax Rate: 1.16
  • Tax Tract Number: 3598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2021
Sold by
Cyprus Kip C and Cyprus Amy L
Bought by
Cyprus Kip C and Cyprus Amy L
Current Estimated Value
$790,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$474,825
Outstanding Balance
$431,190
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$352,037

Purchase Details

Listed on
Aug 9, 2019
Closed on
Oct 3, 2019
Sold by
Christmas David Avell
Bought by
Cyprus Kip C and Cyprus Amy L
Seller's Agent
ROBBYN EASTERN VAUGHN
Home Team Realty
Buyer's Agent
ROBBYN EASTERN VAUGHN
Home Team Realty
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$286,000
Interest Rate
3.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 8, 2014
Sold by
Christmas Gloria M
Bought by
Christmas Gloria M and The Gloria M Christmas Living

Purchase Details

Closed on
Jun 24, 2004
Sold by
Christmas Gloria M and Christmas Gloria
Bought by
Christmas Gloria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.93%
Mortgage Type
Negative Amortization
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
Cyprus Kip C -- Accommodation
Cyprus Kip C $475,000 Provident Title Company
Christmas Gloria M -- None Available
Christmas Gloria M -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cyprus Kip C $474,825
Closed Cyprus Kip C $286,000
Closed Cyprus Kip C $272,000
Previous Owner Christmas Gloria M $510,000
Previous Owner Christmas Gloria M $182,000
Previous Owner Christmas Gloria M $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2019 10/10/19 Sold $475,000 0.0% $333 / Sq Ft
09/02/2019 09/02/19 Pending -- -- --
08/26/2019 08/26/19 Price Changed $475,000 -3.1% $333 / Sq Ft
08/24/2019 08/24/19 Price Changed $490,000 -2.0% $343 / Sq Ft
08/09/2019 08/09/19 For Sale $500,000 -- $350 / 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 $8,660 $680,281 $403,628 $276,653
2024 $8,660 $666,943 $395,714 $271,229
2023 $8,498 $653,866 $387,955 $265,911
2022 $8,117 $641,047 $380,349 $260,698
2021 $7,793 $609,901 $353,626 $256,275
2020 $6,280 $475,000 $350,000 $125,000
2019 $1,927 $122,255 $53,542 $68,713
2018 $1,833 $119,859 $52,493 $67,366
2016 $1,736 $115,206 $50,455 $64,751
2015 $1,710 $113,477 $49,698 $63,779
2014 $1,722 $111,255 $48,725 $62,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19190873

California Regional Multiple Listing Service (CRMLS)

APN: 6083-021-008

California Los Angeles County Los Angeles 90061 Green Meadows

424 E 118th St, Los Angeles, CA

This home is located at 424 E 118th St, Los Angeles, CA 90061 since 09 August 2019 and is currently estimated at $790,808, approximately $553 per square foot. This property was built in 1922. 424 E 118th St is a home located in Los Angeles County with nearby schools including One Hundred Eighteenth Street School, Samuel Gompers Middle School, and Alliance Jack H. Skirball Middle School.

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

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