NOT LISTED FOR SALE

Estimated Value: $756,851 - $839,000

5 Beds
3 Baths
1,452 Sq Ft
$547/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $749,999 $517 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,140/month

21 Days on Market

About This Home

As of July 2024

Outstanding investment opportunity! This duplex is conveniently located in the heart of Los Angeles. The property consists of 2 units, one unit with 3 bedrooms / 2 bathrooms, the other rear unit with 2 bedrooms / 1 bathroom. The front unit is newly updated and currently rented out at $3,000 per month and the second unit is owner occupied but has a historic rental value of $2,200*. There is plenty of parking space that can fit up to 8 cars with an extensive driveway leading to the back unit. Drive by only, do not disturb occupants. The property can be seen with accepted offer.

Last Agent to Sell the Property

Cade Cashman

Equity Union Brokerage Phone: 818-262-5644 License #02222044 Listed on: 05/13/2024

Last Buyer's Agent

Erick Alvarado

Vismar Real Estate License #01753778

Vismar Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,116

Year Built

  • Built in 1913

Lot Details

  • 6,230 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,452 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 29
  • Tax Tract Number 237710
  • Assessor Parcel Number 6020031001
  • $330 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $100
  • Insurance Expense $600
  • Trash Expense $100
  • Water Sewer Expense $100
  • Operating Expense $4,536
  • Gross Income $5,200
  • Net Operating Income $4,872

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,116

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Price Per Unit: 375000
  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6020031001
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 516.53

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6230.00
  • Lot Size Acres: 0.1430
  • Latitude Manual: 33.97245200

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 5200.00
  • Gross Scheduled Income: 5200.00
  • Insurance Expense: 600.00
  • Lot Size Area: 6230.0000 Square Feet
  • Net Operating Income: 4872.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Operating Expense: 328.00
  • Rent Control: Yes
  • Total Expenses: 4536.00

Tax Info

  • Tax Census Tract: 2377.10
  • Tax Lot: 29
  • Tax Tract Number: 237710
  • TaxOtherAnnualAssessmentAmount: 330.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2024
Closed on
Jul 3, 2024
Sold by
Boyce Garrett and Boyce Karen
Bought by
Valiente Victor Alfonso Figu
Seller's Agent
Cade Cashman
Equity Union
Buyer's Agent
Erick Alvarado
Vismar Real Estate
List Price
$749,999
Sold Price
$749,999
Views
88
Current Estimated Value
$794,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,714
Avg. Annual Appreciation
0.35%
Original Mortgage
$736,414
Interest Rate
7.03%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 22, 2022
Closed on
Sep 26, 2022
Sold by
Penado Rosa M
Bought by
Boyce Garrett and Boyce Karen
Seller's Agent
Branko Gardilcic
First Family Homes
Buyer's Agent
Ignatius Ogbogu
IGNATIUS OGBOGU
List Price
$799,000
Sold Price
$799,000
Views
60

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.49%
Original Mortgage
$270,000
Interest Rate
6.94%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 21, 2022
Sold by
Penado Ramon C
Bought by
Penado Rosa M

Purchase Details

Closed on
Jan 24, 2013
Sold by
Penado Ramon and Penado Ramon C
Bought by
Penado Ramon C

Purchase Details

Closed on
Apr 30, 2009
Sold by
Lopez Marco
Bought by
Lopez Nidia E

Purchase Details

Closed on
Mar 7, 2006
Sold by
Penado Ramon H and Penado Ramon C
Bought by
Penado Ramon and Penado Ramon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 27, 2005
Sold by
Penado Ramon H
Bought by
Penado Ramon H and Penado Ramon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Penado Ramon H and Penado Ramon
Bought by
Penado Ramon H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2003
Sold by
Penado Ramon C
Bought by
Penado Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2003
Sold by
Penado Ramon
Bought by
Penado Ramon and Penado Ramon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,761
Interest Rate
5.77%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 21, 2001
Sold by
One Step Forward
Bought by
Penado Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,234
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 2000
Sold by
Hud
Bought by
One Step Forward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,900
Interest Rate
7.9%

Purchase Details

Closed on
Jul 6, 2000
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jul 5, 2000
Sold by
Rivas Salvador Hernandez and Penado Elmer Antonio
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Jun 28, 1999
Sold by
Penado Ramon and Penado Rosa Maria
Bought by
Penado Ramon and Penado Ramon

Purchase Details

Closed on
Nov 25, 1994
Sold by
Hernandez Penado Elmer Antonio and Hernandez Rivas Salvador
Bought by
Penado Ramon and Penado Rosa Maria
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Valiente Victor Alfonso Figu $750,000 Lawyers Title
Boyce Garrett $800,000 Western Resources Title
Penado Rosa M -- Western Resources Title
Penado Ramon C -- None Available
Lopez Nidia E -- None Available
Penado Ramon -- Fidelity National Title
Penado Ramon -- Fidelity National Title
Penado Ramon H -- United Title
Penado Ramon H -- United Title Company-La
Penado Ramon -- United Title Company
Penado Ramon -- Gateway Title Company
Penado Ramon $179,000 Stewart Title
One Step Forward $127,500 United Title Company
Hud -- Landsafe Title
Countrywide Home Loans Inc $165,336 Landsafe Title
Penado Ramon -- --
Penado Ramon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Figu Valiente Victor Alfonso $740,794
Closed Valiente Victor Alfonso Figu $736,414
Previous Owner Boyce Garrett $100,000
Previous Owner Boyce Garrett $25,000
Previous Owner Boyce Garrett $270,000
Previous Owner Boyce Garrett $250,000
Previous Owner Penado Ramon $396,000
Previous Owner Penado Ramon H $340,000
Previous Owner Penado Ramon H $270,000
Previous Owner Penado Ramon $229,500
Previous Owner Penado Ramon $177,761
Previous Owner Penado Ramon $176,234
Previous Owner One Step Forward $109,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2024 07/09/24 Sold $749,999 0.0% $517 / Sq Ft
06/03/2024 06/03/24 Pending -- -- --
05/13/2024 05/13/24 For Sale $749,999 0.0% $517 / Sq Ft
07/05/2023 07/05/23 Rented $3,000 0.0% --
06/27/2023 06/27/23 Price Changed $3,000 0.0% $2 / Sq Ft
04/05/2023 04/05/23 For Rent $3,000 0.0% --
09/30/2022 09/30/22 Sold $799,000 0.0% $550 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $799,000 -- $550 / 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 $10,116 $750,000 $645,000 $105,000
2024 $10,116 $816,000 $714,000 $102,000
2023 $9,925 $800,000 $700,000 $100,000
2022 $4,116 $324,904 $255,284 $69,620
2021 $4,059 $318,534 $250,279 $68,255
2020 $4,097 $315,269 $247,713 $67,556
2019 $3,943 $309,088 $242,856 $66,232
2018 $3,847 $303,029 $238,095 $64,934
2016 $3,673 $291,263 $228,850 $62,413
2015 $3,621 $286,889 $225,413 $61,476
2014 $3,647 $281,270 $220,998 $60,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24096508

California Regional Multiple Listing Service (CRMLS)

APN: 6020-031-001