NOT LISTED FOR SALE

Estimated Value: $838,000 - $997,039

6 Beds
4 Baths
2,904 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $800,000 $275 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,636/month

7 Days on Market

About This Home

As of August 2023

This duplex presents an outstanding opportunity to own a property that offers flexibility and income potential. With two units, you can choose to live in one and rent out the other, or rent out both units for a lucrative investment. This property is ideal for first-time buyers and seasoned investors alike. Both units are spacious, featuring 3 bedrooms and 2 bathrooms each, as well as a laundry area in each unit. The downstairs unit has undergone a complete renovation, with beautiful laminate floors throughout. Location is key, and this property delivers! Situated close to shopping centers and schools, it offers convenient access to everything you need. Additionally, the property is in close proximity to USC, Downtown LA, museums, the Crypto Arena, L.A. Live, the convention center, LAX, and Sofi Stadium.

Last Agent to Sell the Property

Claudia Suarez-Meza

eXp Realty of California Inc License #02123815 Listed on: 06/15/2023

eXp Realty of California Inc

Last Buyer's Agent

Betty Leanos

Dream Life Loans & Real Estate License #01275118

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2002

Lot Details

  • 3,765

Interior Spaces

  • 2,904 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Covered Spaces
  • Covered Parking

Additional Features

  • 3,765 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for water, gardener
  • Assessor Parcel Number 6032-034-014

Property Details

Home Type

Multi-Family

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2904
  • Lot Acreage: 0.0864
  • Stories: 2
  • Year Built: 2002
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 6
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan, Gas Or Electric Dryer Hookup
  • Price Per S Q F T: 275.48

Exterior Features

  • Other Structures: None

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall Gas
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 40.82
  • Assessed Improvement Value: 120723
  • Assessed Land Percent: 59.18
  • Assessed Land Value: 175051
  • Total Assessed Value: 295774
  • Assessor Parcel Number: 6032-034-014
  • Lot Size Area: 3765

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: No
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Income

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 22, 2023
Sold by
Garcia Carlos Pedro
Bought by
Reynoso Santiago
Seller's Agent
Claudia Suarez-Meza
eXp Realty of California Inc
Buyer's Agent
Betty Leanos
Dream Life Loans & Real Estate
List Price
$799,999
Sold Price
$800,000
Premium/Discount to List
$1
0.0%
Views
100
Current Estimated Value
$925,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,010
Avg. Annual Appreciation
6.18%
Original Mortgage
$783,475
Outstanding Balance
$766,115
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$158,895

Purchase Details

Closed on
Aug 9, 2012
Sold by
Quinn James J and Quinn Patricia A
Bought by
Quinn James J and Quinn Patricia A

Purchase Details

Closed on
Sep 3, 2010
Sold by
Hsbc Bank Usa Na
Bought by
Quinn James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2008
Sold by
Thomas Melvin and Thomas Carrie
Bought by
Hsbc Bank Usa Na and Nomura Home Equity Loan Inc Asset Backed
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reynoso Santiago $800,000 Chicago Title
Quinn James J -- None Available
Quinn James J $245,000 Lsi Title Company
Quinn James J -- Lsi Title Company
Hsbc Bank Usa Na $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynoso Santiago $783,475
Previous Owner Quinn James J $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2023 08/25/23 Sold $800,000 0.0% $275 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $799,999 +18.0% $275 / Sq Ft
09/01/2022 09/01/22 Sold $678,000 0.0% $233 / Sq Ft View Prior Sale
09/01/2022 09/01/22 Sold $678,000 -4.5% $233 / Sq Ft View Prior Sale
08/16/2022 08/16/22 Pending -- -- --
08/16/2022 08/16/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $710,000 0.0% $244 / Sq Ft
07/07/2022 07/07/22 Price Changed $710,000 -5.2% $244 / Sq Ft
06/06/2022 06/06/22 For Sale $749,000 0.0% $258 / Sq Ft
05/31/2022 05/31/22 Price Changed $749,000 -6.4% $258 / Sq Ft
05/02/2022 05/02/22 For Sale $799,999 -- $275 / Sq Ft
Source: The MLS

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 $9,983 $816,000 $581,400 $234,600
2024 $9,983 $800,000 $570,000 $230,000
2023 $8,521 $678,000 $500,000 $178,000
2022 $3,834 $295,774 $175,051 $120,723
2021 $3,769 $289,975 $171,619 $118,356
2019 $3,662 $281,377 $166,530 $114,847
2018 $3,581 $275,861 $163,265 $112,596
2016 $3,398 $265,151 $156,926 $108,225
2015 $3,322 $261,169 $154,569 $106,600
2014 $3,375 $256,054 $151,542 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-281469

The MLS

APN: 6032-034-014