NOT LISTED FOR SALE

Estimated Value: $759,000 - $824,000

7 Beds
2 Baths
1,740 Sq Ft
$453/Sq Ft Est. Value

Last Sold December 29, 2020

Last sale price $662,500 $381 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $5,086/month

10 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 2 Car Garage
  • No HOA

About This Home

As of December 2020

Great two units , Front unit is a 4 bedroom 1 bath and the back (second)unit is a 3 bedroom 1 bath unit. Very private fenced yard newer wood fence installed in the front yard. These two units show really well are very cozy and shows pride of ownership both units are owner occupied no need to deal with evicting tenants and the units will be delivered vacant at the close of escrow. Each one has a gas and electric meter. Located minutes from Downtown LA, USC, Banc of California Stadium and LA Coliseum.

Last Agent to Sell the Property

Iris Castillo

New Chapter Realty License #01192287 Listed on: 10/16/2020

Last Buyer's Agent

Leticia (Letty) Cortez

West Shores Realty, Inc. License #02059856

West Shores Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,724

Year Built

  • Built in 1903

Lot Details

  • 4,360 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,740 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 2285
  • Assessor Parcel Number 5109012020

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,560
  • Fuel Expense $1,200
  • Insurance Expense $1,200
  • Water Sewer Expense $1,500
  • New Taxes Expense $5,520
  • Operating Expense $10,980
  • Net Operating Income $34,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,724

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5109012020
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: One, Two
  • Price Per Square Foot: 380.75

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 4360.00
  • Lot Size Acres: 0.1001

Rental Info

  • Tenant Pays: None

Multi Family

  • Electric Expense: 1560.00
  • Fuel Expense: 1200.00
  • Gross Scheduled Income: 45600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4360.0000 Square Feet
  • Net Operating Income: 34620.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10980.00
  • Rent Control: Yes
  • Total Expenses: 10980.00

Tax Info

  • New Taxes Expense: 5520.00
  • Tax Census Tract: 2285.00
  • Tax Lot: 20
  • Tax Tract Number: 2285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 9, 2020
Sold by
Itkina Tatyana
Bought by
Itkin Michael
Seller's Agent
Iris Castillo
New Chapter Realty
Buyer's Agent
Leticia (Letty) Cortez
West Shores Realty, Inc.
List Price
$630,000
Sold Price
$662,500
Premium/Discount to List
$32,500
5.16%
Current Estimated Value
$787,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,269
Avg. Annual Appreciation
4.06%
Original Mortgage
$496,875
Outstanding Balance
$449,443
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$345,181

Purchase Details

Listed on
Oct 16, 2020
Closed on
Dec 8, 2020
Sold by
Gonzalez Juan and Gonzalez Gisselle
Bought by
Itkin Michael
Seller's Agent
Iris Castillo
New Chapter Realty
Buyer's Agent
Leticia (Letty) Cortez
West Shores Realty, Inc.
List Price
$630,000
Sold Price
$662,500
Premium/Discount to List
$32,500
5.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,875
Outstanding Balance
$449,443
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$345,181

Purchase Details

Listed on
Sep 18, 2017
Closed on
Oct 5, 2017
Sold by
Avila Henry
Bought by
Gonzalez Juan and Benitez Gisselle
Seller's Agent
EMILIANO DIAZ
Homesmart Evergreen Realty
Buyer's Agent
Iris Castillo
New Chapter Realty
List Price
$420,000
Sold Price
$450,000
Premium/Discount to List
$30,000
7.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$441,849
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 6, 2014
Sold by
Melgar Carlos
Bought by
Avila Henry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,280
Interest Rate
4.46%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2004
Sold by
Prfa Inc
Bought by
Melgar Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 25, 2003
Sold by
Standard Federal
Bought by
Prfa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 19, 2002
Sold by
Quintero Jose Ramon
Bought by
Standard Federal

Purchase Details

Closed on
Apr 25, 2002
Sold by
Quintero Jose Ramon
Bought by
Quintero Jose Ramon and Quesada Elizabeth

Purchase Details

Closed on
Dec 18, 2001
Sold by
Quintero Jose Ramon
Bought by
Quintero Jose Ramon and Valenzuela Jose R

Purchase Details

Closed on
Aug 17, 2000
Sold by
Martin Carlos
Bought by
Quintero Jose Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,651
Interest Rate
8.15%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 17, 2000
Sold by
Washington Mutual Bank Fa
Bought by
Martin Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.24%

Purchase Details

Closed on
Sep 21, 1999
Sold by
Perez Francisco J
Bought by
Washington Mutual Bank Fa
Source: Public Records

Range of Values:

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Average Value
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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
Itkin Michael -- Pacific Coast Title
Itkin Michael $662,500 Pacific Coast Title
Gonzalez Juan $450,000 Lawyers Title
Avila Henry $371,000 Lsi Title Company
Melgar Carlos $350,000 Fidelity National Title
Prfa Inc $150,000 Fidelity National Title
Standard Federal $174,464 United Title Company
Quintero Jose Ramon -- --
Quintero Jose Ramon -- --
Quintero Jose Ramon $165,000 American Title Co
Martin Carlos $88,000 First American Title Co
Washington Mutual Bank Fa $99,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Itkin Michael $496,875
Previous Owner Gonzalez Juan $438,250
Previous Owner Gonzalez Juan $441,849
Previous Owner Avila Henry $364,253
Previous Owner Avila Henry $364,280
Previous Owner Melgar Carlos $450,000
Previous Owner Melgar Carlos $364,750
Previous Owner Melgar Carlos $280,000
Previous Owner Prfa Inc $190,000
Previous Owner Quintero Jose Ramon $163,651
Previous Owner Martin Carlos $88,000
Closed Melgar Carlos $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $662,500 +5.2% $381 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $630,000 +40.0% $362 / Sq Ft
11/01/2017 11/01/17 Sold $450,000 +7.1% $259 / Sq Ft
10/03/2017 10/03/17 Pending -- -- --
09/18/2017 09/18/17 For Sale $420,000 -- $241 / 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
2024 $8,724 $703,049 $386,279 $316,770
2023 $8,557 $689,264 $378,705 $310,559
2022 $8,159 $675,750 $371,280 $304,470
2021 $8,056 $662,500 $364,000 $298,500
2020 $5,802 $468,180 $312,120 $156,060
2019 $5,575 $459,000 $306,000 $153,000
2018 $5,519 $450,000 $300,000 $150,000
2017 $4,892 $391,865 $200,686 $191,179
2016 $4,770 $384,182 $196,751 $187,431
2015 $4,702 $378,412 $193,796 $184,616
2014 $5,526 $443,542 $104,381 $339,161
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20218388

California Regional Multiple Listing Service (CRMLS)

APN: 5109-012-020