NOT LISTED FOR SALE

Estimated Value: $938,000 - $1,286,000

6 Beds
2 Baths
2,080 Sq Ft
$521/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $845,000 $406 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $6,219/month

16 Days on Market

Highlights

  • Spanish Architecture
  • Bathtub with Shower
  • Ceiling Fan
  • 2 Car Detached Garage
  • Tankless Water Heater
  • Turnkey

About This Home

As of March 2020

Welcome to your beautiful TurnKey ready to Move-In Spanish style duplex property, is adjacent to Leimert Park. This unique offering consists of two large units with 3 bedrooms/1 Bath. Beautiful Property is perfect for an investor or an owner/user that may qualify for NACA, FHA financing. As an investment, the property can achieve over 6% capitalization rate with market rents. The 2,080 sq. ft. building is situated on a LAR2-1 opportunity zoned 6,500 sq. ft lot. Each unit features a beautiful veranda, with updated kitchens featuring stainless steel appliances, recessed lighting throughout & laminate flooring. The living rooms feature large original windows reminiscent of classic Spanish style construction.

Last Agent to Sell the Property

Amber Martinez

Rodeo Realty- Brentwood License #01961174 Listed on: 12/18/2019

Last Buyer's Agent

Jason McCuller

West Shores Realty, Inc. License #02005464

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,247

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 6,507 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laminate Flooring
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Tankless Water Heater
  • TV Antenna

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for water
  • Assessor Parcel Number 5015-036-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,247

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2080
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Turnkey
  • Flooring: Laminate
  • Appliances: Built-In Gas
  • Bedrooms: 6
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled
  • Laundry: In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 432.21

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

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

Utilities

  • TV Svcs: TV Antennae
  • Water Heater: Tankless
  • Heating: Wall Gas
  • Number Water Meters: 1
  • Water: District

Lot Info

  • Assessed Improvement Value: 189574
  • Assessed Land Value: 412119
  • Assessor Parcel Number: 5015-036-019
  • Geocode Override: No
  • Lot Size Area: 6507

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 0.23
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0.01
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Feb 10, 2020
Sold by
Charles Travis R
Bought by
Woodard Dionna
Seller's Agent
Amber Martinez
Rodeo Realty- Brentwood
Buyer's Agent
Jason McCuller
West Shores Realty, Inc.
List Price
$899,000
Sold Price
$845,000
Premium/Discount to List
-$54,000
-6.01%
Current Estimated Value
$964,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,735
Avg. Annual Appreciation
4.71%
Original Mortgage
$806,790
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jan 17, 2020
Sold by
Juarez Sidronio and Juarez Patricia
Bought by
Woodard Dionna E
Seller's Agent
Amber Martinez
Rodeo Realty- Brentwood
Buyer's Agent
Jason McCuller
West Shores Realty, Inc.
List Price
$899,000
Sold Price
$845,000
Premium/Discount to List
-$54,000
-6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,790
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 19, 2019
Sold by
Benshalom Shlomi
Bought by
Juarez Sidronio and Juarez Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,250
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2019
Sold by
Harmon Sylvia L and Williams Doug
Bought by
Benshalom Shlomi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2007
Sold by
Harmon Sylvia L
Bought by
Williams Doug

Purchase Details

Closed on
Mar 21, 2006
Sold by
Gill Damon S and Gill Margaret Ann
Bought by
Harmon Sylvia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,800
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
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
Woodard Dionna -- Wfg National Title Co Of Ca
Woodard Dionna E $845,000 Wfg National Title Co Of Ca
Juarez Sidronio $775,000 Stewart Title Company
Benshalom Shlomi $515,000 Equity Title
Williams Doug -- None Available
Harmon Sylvia L $511,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Woodard Dionna E $806,790
Previous Owner Juarez Sidronio $581,250
Previous Owner Benshalom Shlomi $360,500
Previous Owner Harmon Sylvia L $408,800
Previous Owner Gill Damon S $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2020 03/13/20 Sold $845,000 -6.0% $406 / Sq Ft
01/03/2020 01/03/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $899,000 -- $432 / 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 $11,247 $924,126 $546,820 $377,306
2024 $11,247 $906,007 $536,099 $369,908
2023 $11,035 $888,243 $525,588 $362,655
2022 $10,529 $870,828 $515,283 $355,545
2021 $10,394 $853,754 $505,180 $348,574
2020 $9,659 $775,000 $575,000 $200,000
2019 $7,709 $626,000 $428,768 $197,232
2018 $7,609 $613,726 $420,361 $193,365
2016 $7,268 $589,896 $404,039 $185,857
2015 $7,163 $581,036 $397,970 $183,066
2014 $7,198 $569,655 $390,175 $179,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-537678

The MLS

APN: 5015-036-019