NOT LISTED FOR SALE

Estimated Value: $801,000 - $1,107,100

5 Beds
3 Baths
1,882 Sq Ft
$495/Sq Ft Est. Value

Last Sold September 28, 2018

Last sale price $595,000 $316 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,629/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Granite Countertops
  • Walk-In Closet
  • Wood Flooring
  • Crown Molding
  • Cooling System Mounted To A Wall/Window

About This Home

As of September 2018

Rare pride of ownership Two properties on a large corner lot. This could be listed as individual property because each property has it's own entrance gate and promotes privacy for the two properties. New owner can apply for individual Assessor's parcel numbers for the two properties since both have separate entrances. These two properties or Duplex come with complete remodel: New roof, New dual pane windows each unit has it's own laundry & washer hook ups. Lots of parking...both spot and Tandem. The big room in the front unit has been legalized and there are permits in the file. Title might have a different number of rooms and bathrooms for both two properties. This is a good buy for large families. There is easy access to freeways, metros, shopping centers and LA Downtowns. Steady LAPD presence in the subject area.

The good news is : This subject APN is zoned R-3 and that gives the new owner a potential to convert the garage to ADU or to erect a new structure. It meets the LA city parking requirement for the 3rd unit.
All the information contained in are deemed reliable but cannot be guaranteed. I strongly advise prospective buyers and agents to carry out an independent research and rely own findings.
This is a rent controlled area.

Last Agent to Sell the Property

Cajetan Alufuo

Zenith Homes & Mortgage License #01492027 Listed on: 08/07/2018

Last Buyer's Agent

Samuel Woldeyesus

Compass License #01915193

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,863

Year Built

  • Built in 1923

Lot Details

  • 6,139 Sq Ft Lot
  • No Common Walls
  • Security Fence
  • Fence is in excellent condition
  • Paved or Partially Paved Lot
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • 8 Carport Spaces
  • Parking Available
  • Driveway

Home Design

  • Fire Rated Drywall
  • Shingle Roof
  • Partial Copper Plumbing
  • Asphalt

Interior Spaces

  • 1,882 Sq Ft Home
  • Crown Molding
  • Brick Wall or Ceiling
  • Living Room

Kitchen

  • Gas Range
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Water Source
  • Sewer on Bond

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, gas, telephone
  • Tax Lot 83
  • Tax Tract Number 83
  • Assessor Parcel Number 6020034013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $444
  • Water Sewer Expense $266
  • New Taxes Expense $3,542
  • Operating Expense $5,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,863

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Water Sewer Expenses: 266.34
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6020034013
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Brick Walls, Copper Plumbing Partial, Crown Molding, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Price Per Square Foot: 316.15
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • Fence: Yes
  • Fencing: Excellent Condition, Security
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Asphalt, Block, Drywall Walls

Garage/Parking

  • Carport Spaces: 8.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Microwave
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen
  • Sewer: Public Sewer, Sewer On Bond
  • Trash Expense: 444.18
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Paved
  • Lot Size Sq Ft: 6139.00

Rental Info

  • Tenant Pays: Cable TV, Gas, Telephone

Multi Family

  • Insurance Expense: 1400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 5625.12

Tax Info

  • New Taxes Expense: 3541.60
  • Tax Census Tract: 2377.20
  • Tax Lot: 83
  • Tax Tract Number: 83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2022
Sold by
Glenn Panayioto
Bought by
Glenn Panayioto Living Trust
Current Estimated Value
$932,525

Purchase Details

Closed on
Mar 20, 2020
Sold by
Panayioto Glenn and The September 17 2013 Trust
Bought by
Panayioto Glenn and The September 17 2013 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$563,780
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 5, 2018
Sold by
Alufuo Cajetan
Bought by
Panayioto Glenn
Seller's Agent
Cajetan Alufuo
Zenith Homes & Mortgage
Buyer's Agent
Samuel Woldeyesus
Compass
List Price
$585,000
Sold Price
$595,000
Premium/Discount to List
$10,000
1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$538,782
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2018
Sold by
Alufuo Assumpta
Bought by
Alufuo Cajetan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
4.15%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 13, 2018
Sold by
Rodriguez Paula
Bought by
Alufuo Cajetan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
4.15%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 2015
Sold by
Cruz Eder Dulio
Bought by
Rodriguez Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,179
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
May 28, 2015
Sold by
Hsbc Bank Usa Na
Bought by
Rodriguez Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,179
Interest Rate
4.01%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 2014
Sold by
Jackson Willie
Bought by
Hsbc Bank Usa N A

Purchase Details

Closed on
Jan 31, 2007
Sold by
Jackson Willie G
Bought by
World Wide Crusade For Christ

Purchase Details

Closed on
Apr 15, 2005
Sold by
Jackson Lura Dean
Bought by
Jackson Willie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,000
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 1998
Sold by
Jackson Philander
Bought by
Jackson Willie G

Purchase Details

Closed on
May 22, 1998
Sold by
Family Trust Grijalva Raul F And Helen Trs Gr
Bought by
Jackson Philander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,037
Interest Rate
7.17%
Mortgage Type
FHA
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
Glenn Panayioto Living Trust -- Bigornia Law Apc
Panayioto Glenn -- Pacific Coast Title Company
Panayioto Glenn $595,000 Chicago Title
Alufuo Cajetan -- Old Republic Title Company
Alufuo Cajetan $380,000 Old Republic Title Company
Rodriguez Paula -- Premium Title California Inc
Rodriguez Paula $271,000 Premium Title Of Ca Inc
Hsbc Bank Usa N A $278,675 None Available
World Wide Crusade For Christ -- None Available
Jackson Willie G -- Chicago Title Co
Jackson Willie G -- --
Jackson Philander $140,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Panayioto Glenn $563,780
Previous Owner Panayioto Glenn $538,782
Previous Owner Alufuo Cajetan $359,000
Previous Owner Rodriguez Paula $237,179
Previous Owner Jackson Willie G $241,000
Previous Owner Jackson Philander $138,037
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2018 09/28/18 Sold $595,000 +1.7% $316 / Sq Ft
08/14/2018 08/14/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $585,000 -1.7% $311 / Sq Ft
08/09/2018 08/09/18 Off Market $595,000 -- --
08/07/2018 08/07/18 For Sale $585,000 -- $311 / 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 $8,863 $720,956 $490,826 $230,130
2024 $8,863 $706,820 $481,202 $225,618
2023 $8,698 $692,962 $471,767 $221,195
2022 $8,304 $679,375 $462,517 $216,858
2021 $8,196 $666,055 $453,449 $212,606
2020 $8,258 $606,900 $448,800 $158,100
2019 $7,334 $595,000 $440,000 $155,000
2018 $3,616 $281,948 $208,080 $73,868
2017 $3,542 $276,420 $204,000 $72,420
2016 $3,451 $271,000 $200,000 $71,000
2015 $4,989 $400,000 $280,000 $120,000
2014 $6,632 $524,605 $437,172 $87,433
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18184078

California Regional Multiple Listing Service (CRMLS)

APN: 6020-034-013