NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,320,000

10 Beds
6 Baths
3,650 Sq Ft
$342/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $1,075,000 $295 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,366/month

15 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Central Heating and Cooling System
  • Living Room
  • Accessible Parking
  • Wrought Iron Fence

About This Home

As of August 2023

Great Location must see, Newer Construction was built 2019. perfectly located near major freeways and a few minutes from Downtown LA,BMO stadium, Crypto Arena, USC and other LA major Landmarks. The duplex consists of a total of 10 Bedrooms & 6 bathrooms, perfect for the modern family to create forever memories while still having lots of space & Privacy. Rear unit has been completely remodeled and left like new again, mind you the building is only 3 years old. Come and enjoy the comforts of newer construction featuring modern comforts and a open floor plan.

Attention Real Estate Developers!! purchase this pride of ownership building and enjoy the benefits of being able to collect maximum rents based on the areas rent ratios. Sec 8 voucher for 5 bedrooms limit is up to approximately $4,374.00 contingent upon rent ratios in the area and the amount. Contact your agent for more information.

Last Agent to Sell the Property

Miguel Valencia

Century 21 Realty Masters License #02005003 Listed on: 07/18/2023

Century 21 Realty Masters

Last Buyer's Agent

BRIANA RODRIGUEZ

CENTURY 21 REALTY MASTERS License #02199835

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2019

Lot Details

  • 5,200 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Fence is in good condition
  • Back Yard

Parking

  • 1 Open Parking Space
  • 3 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,650 Sq Ft Home
  • 1-Story Property
  • Living Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • All Upper Level Bedrooms
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer Hookup

Additional Features

  • Accessible Parking
  • Exterior Lighting
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for gas
  • Legal Lot and Block 41 / 10
  • Tax Tract Number 26
  • Assessor Parcel Number 6030027023
  • $409 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $84,200
  • Gross Income $84,200
  • Net Operating Income $84,200

Property Details

Home Type

Multi-Family

Year Built

Built in 2019

Lot Details

0

Parking

3

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6030027023
  • Year Built: 2019
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Parking
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 294.52
  • Room Type: All Bedrooms Up, Laundry, Living Room, Master Bathroom

Exterior Features

  • Fence: Yes
  • Fencing: Good Condition, Wood, Wrought Iron
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5200.00
  • Lot Size Acres: 0.1194

Rental Info

  • Tenant Pays: Gas

Multi Family

  • Gross Income: 84200.00
  • Gross Scheduled Income: 91200.00
  • Lot Size Area: 5200.0000 Square Feet
  • Net Operating Income: 84200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7000.00
  • Rent Control: No
  • Total Expenses: 84200.00

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 2398.02
  • Tax Lot: 41
  • Tax Tract Number: 26
  • TaxOtherAnnualAssessmentAmount: 409.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2023
Closed on
Jul 24, 2023
Sold by
Hugron William and Hugron Joan
Bought by
Sharma Tushar
Seller's Agent
Miguel Valencia
Century 21 Realty Masters
Buyer's Agent
BRIANA RODRIGUEZ
CENTURY 21 REALTY MASTERS
List Price
$1,180,000
Sold Price
$1,075,000
Premium/Discount to List
-$105,000
-8.9%
Views
8
Current Estimated Value
$1,204,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,649
Avg. Annual Appreciation
6.37%
Original Mortgage
$806,250
Outstanding Balance
$787,088
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$462,607

Purchase Details

Closed on
Nov 8, 2018
Sold by
Ocean Development Inc
Bought by
Hugron William and Hugron Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 22, 2018
Closed on
Feb 23, 2018
Sold by
Burnett Realty Inc
Bought by
Ocean Development Inc
Seller's Agent
Murphy Richardson
Power Brokers
Buyer's Agent
Murphy Richardson
Power Brokers
List Price
$335,000
Sold Price
$355,000
Premium/Discount to List
$20,000
5.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.34%
Original Mortgage
$623,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 22, 2013
Sold by
Daniels Donna R
Bought by
Burnett Realty Inc

Purchase Details

Closed on
Jun 14, 2011
Sold by
Superior Improvement Systems Inc
Bought by
Burnett Realty Inc

Purchase Details

Closed on
Oct 14, 2004
Sold by
Sampson Marcus J
Bought by
Superior Improvement Systems Inc

Purchase Details

Closed on
Mar 17, 2004
Sold by
Daniels Donna R
Bought by
Daniels Donna R

Purchase Details

Closed on
Dec 3, 2003
Sold by
Burnett Realty Inc
Bought by
Daniels Donna R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
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
Sharma Tushar $1,075,000 Wfg National Title
Hugron William $845,000 Lawyers Title
Ocean Development Inc $351,000 Lawyers Title
Burnett Realty Inc -- None Available
Burnett Realty Inc -- None Available
Superior Improvement Systems Inc -- --
Daniels Donna R -- --
Daniels Donna R $180,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Tushar $806,250
Previous Owner Hugron William $633,750
Previous Owner Ocean Development Inc $623,000
Previous Owner Daniels Donna R $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $1,075,000 -8.9% $295 / Sq Ft
08/02/2023 08/02/23 Pending -- -- --
07/18/2023 07/18/23 For Sale $1,180,000 +232.4% $323 / Sq Ft
03/15/2018 03/15/18 Sold $355,000 -4.1% $273 / Sq Ft View Prior Sale
01/30/2018 01/30/18 Pending -- -- --
01/25/2018 01/25/18 Price Changed $370,000 +10.4% $285 / Sq Ft
01/22/2018 01/22/18 For Sale $335,000 -- $258 / 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 $13,314 $1,096,500 $484,500 $612,000
2024 $13,314 $1,075,000 $475,000 $600,000
2023 $11,284 $906,008 $455,685 $450,323
2022 $10,762 $888,244 $446,750 $441,494
2021 $10,616 $870,829 $437,991 $432,838
2019 $4,443 $358,020 $286,416 $71,604
2018 $3,230 $253,870 $174,661 $79,209
2016 $3,079 $244,014 $167,880 $76,134
2015 $3,036 $240,350 $165,359 $74,991
2014 $3,084 $238,148 $160,256 $77,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23131466

California Regional Multiple Listing Service (CRMLS)

APN: 6030-027-023