NOT LISTED FOR SALE

Estimated Value: $650,000 - $828,975

4 Beds
2 Baths
1,904 Sq Ft
$399/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $575,000 $302 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,776/month

24 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Private Yard
  • Living Room
  • Spanish Architecture
  • Fireplace
  • Laundry Room

About This Home

As of August 2017

Opportunity knocks in the heart of our City of Angels: 2 units: Each 2 bedroom 1 bath: VACANT. Move in ready & just a short distance for it all: schools, shopping, down town, public transportation & freeways. Boasting new windows, new wood laminate flooring, new tile flooring in bathroom (s), fresh two-tone interior & exterior paint, newly designed modern kitchen including new cabinets, new granite counter tops & fixtures. Live Smart.. Rent 1 & take advantage of the amazing rental opportunity for mortgage supporting income with a long term tenant. Or choose Airbnb-style and have the fantastic option to leave it vacant for your guests & family visitors. The 1 car garage for each unit compliment this property, & still have plenty of space to create a veggie garden in the rear yard. Spend your time hanging out at nearby Mercado La Paloma in the Figueroa Corridor - breakfast at Oaxacalifornia or Vista Hermosa, lunch at Azla Vegan, or have dinner at the new Holbox Raw Bar or its sister eatery, Chichen Itza! LOCATION IS KEY: But just give it time, because in March 2018 the massive site next to the L.A. Coliseum will be the site of Major League Soccer’s most expensive and luxurious soccer-specific venue. The 22,000-seat Banc of California Stadium will be the centerpiece of a $350-million complex that will also include more than 100,000 square feet of restaurant, retail & office space on the southeast corner of Exposition Park, where the Sports Arena once stood. So, Let's Act Now!

Last Agent to Sell the Property

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 06/09/2017

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Luis Iglesias

Park Regency Realty License #01349388

Park Regency Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,597

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 5,584 Sq Ft Lot
  • 1 Common Wall
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard
  • Lawn

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway

Home Design

  • Spanish Architecture
  • Property Attached
  • Spanish Tile Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • Fireplace
  • Living Room
  • Laminate Flooring
  • Fire and Smoke Detector
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 9401
  • Assessor Parcel Number 5020008025

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $600
  • Trash Expense $30
  • Water Sewer Expense $125
  • New Taxes Expense $7,187
  • Operating Expense $7,942

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,597

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 125.00
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5020008025
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 302.00
  • Room Type: All Bedrooms Down, Laundry, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Spanish Tile

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 30.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Sprinklers In Front, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 5584.00

Multi Family

  • Insurance Expense: 600.00
  • 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: 7942.00

Tax Info

  • New Taxes Expense: 7187.00
  • Tax Census Tract: 2316.00
  • Tax Lot: 13
  • Tax Tract Number: 09401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2024
Sold by
Perez Carlos Enrique and Perez Norma Beatriz
Bought by
Perez Family Trust and Perez
Current Estimated Value
$759,494

Purchase Details

Closed on
Oct 18, 2023
Sold by
Hernandez Cesar Estuardo Chali
Bought by
Cesar Estuardo Chali Hernandez Revocable Trus and Hernandez

Purchase Details

Closed on
Aug 12, 2023
Sold by
Perez Carlos Enrique and Perez Norma Beatriz
Bought by
Perez Carlos Enrique and Perez Norma Beatriz

Purchase Details

Closed on
Dec 2, 2020
Sold by
Perez Carlos Enrique and Perez Norma Beatriz
Bought by
Perez Carlos Enrique and Perez Norma Beatiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 2, 2017
Sold by
First Point 2 Llc
Bought by
Perez Carlos Enrique and Perez Norma Beatriz
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Luis Iglesias
Park Regency Realty
List Price
$574,900
Sold Price
$575,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$564,585
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jan 18, 2017
Sold by
Gilbert Renee
Bought by
Gilbert Allen
Seller's Agent
Juree Rambo
Rambo Real Estate Group
Buyer's Agent
Schaun Clark
The BLVD Group
List Price
$395,000
Sold Price
$371,000
Premium/Discount to List
-$24,000
-6.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
121.81%

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jan 13, 2017
Sold by
Urban Housing Investors Fund Llc
Bought by
First Point 2 Llc
Seller's Agent
Juree Rambo
Rambo Real Estate Group
Buyer's Agent
Schaun Clark
The BLVD Group
List Price
$395,000
Sold Price
$371,000
Premium/Discount to List
-$24,000
-6.08%

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jan 12, 2017
Sold by
Gilbert Allen
Bought by
Urban Housing Investment Fund Llc
Seller's Agent
Juree Rambo
Rambo Real Estate Group
Buyer's Agent
Schaun Clark
The BLVD Group
List Price
$395,000
Sold Price
$371,000
Premium/Discount to List
-$24,000
-6.08%

Purchase Details

Closed on
Jan 18, 2013
Sold by
Federal National Mortgage Association
Bought by
Gilbert Allen

Purchase Details

Closed on
Jun 16, 2010
Sold by
Pickens Larry
Bought by
Federal National Mortgage Association and Fannie Mae

Purchase Details

Closed on
Oct 24, 2002
Sold by
Atkinson Isophine
Bought by
Pickens Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.99%

Purchase Details

Closed on
Jun 8, 1994
Sold by
Atkinson Isophine and Burnett Grover
Bought by
Atkinson Isophine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,400
Interest Rate
7.37%
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
Perez Family Trust -- None Listed On Document
Cesar Estuardo Chali Hernandez Revocable Trus -- None Listed On Document
Perez Carlos Enrique -- None Listed On Document
Perez Carlos Enrique -- Provident Title Company
Perez Carlos Enrique $575,000 Fidelity National Title Co
Gilbert Allen -- Chicago Title Company
First Point 2 Llc $371,000 Chicago Title Company
Urban Housing Investment Fund Llc -- None Available
Gilbert Allen $236,000 First American Title Ins Co
Federal National Mortgage Association $355,457 Accommodation
Pickens Larry $194,500 Stewart Title
Atkinson Isophine -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Carlos Enrique $540,000
Previous Owner Perez Carlos Enrique $564,585
Previous Owner Pickens Larry $175,000
Previous Owner Atkinson Isophine $119,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2017 08/08/17 Sold $575,000 +4.5% $302 / Sq Ft
07/01/2017 07/01/17 Price Changed $550,000 -4.3% $289 / Sq Ft
06/09/2017 06/09/17 For Sale $574,900 +55.0% $302 / Sq Ft
01/20/2017 01/20/17 Sold $371,000 -6.1% $195 / Sq Ft View Prior Sale
01/03/2017 01/03/17 For Sale $395,000 +67.4% $207 / Sq Ft
04/05/2013 04/05/13 Sold $236,000 -7.4% $124 / Sq Ft View Prior Sale
01/11/2013 01/11/13 Pending -- -- --
11/21/2012 11/21/12 For Sale $254,900 -- $134 / 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 $9,597 $786,121 $516,699 $269,422
2024 $9,597 $770,708 $506,568 $264,140
2023 $7,897 $628,844 $503,076 $125,768
2022 $7,539 $616,514 $493,212 $123,302
2021 $7,439 $604,427 $483,542 $120,885
2020 $7,513 $598,230 $478,584 $119,646
2019 $7,221 $586,500 $469,200 $117,300
2018 $7,118 $575,000 $460,000 $115,000
2016 $3,138 $245,492 $147,712 $97,780
2015 $3,095 $241,806 $145,494 $96,312
2014 $3,119 $237,070 $142,644 $94,426
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17131270

California Regional Multiple Listing Service (CRMLS)

APN: 5020-008-025