NOT LISTED FOR SALE

Estimated Value: $845,000 - $1,135,555

4 Beds
2 Baths
1,634 Sq Ft
$582/Sq Ft Est. Value

Last Sold June 13, 2022

Last sale price $850,000 $520 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,908/month

112 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Living Room
  • Sierra Vista Elementary School Rated 9+
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of June 2022

Wonderful investment opportunity in the hills of El Sereno with two identical units, one on top of the other. Each unit offers a spacious living room and an additional space which can be used as either a dining room or office. Just off the kitchen there’s a pantry area with access to the back-yard, two bedrooms and a full bathroom. Situated on a nearly 6000 square foot lot but with a very spacious backyard. Property features two new water heaters, copper plumbing, 2 car attached garage, coin operated washer/dryer and so much more. Conveniently located near Costco, The Home Depot, Trader Joes and USC with easy access to the 110 and 10 freeways and minutes to Downtown LA.

Last Agent to Sell the Property

Seta Chorbajian

Redfin Corporation License #01419425 Listed on: 12/03/2021

Redfin Corporation

Last Buyer's Agent

DENISE MITCHELL

MARSHALL REDDICK REAL ESTATE License #01723445

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,890

Year Built

  • Built in 1926

Lot Details

  • 5,727 Sq Ft Lot
  • Two or More Common Walls
  • Wood Fence
  • Chain Link Fence
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached
  • Mixed Roof Materials
  • Partial Copper Plumbing

Interior Spaces

  • 1,634 Sq Ft Home
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Free-Standing Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 86
  • Tax Tract Number 5643
  • Assessor Parcel Number 5309013015
  • $259 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,034
  • Other Expense $164
  • Trash Expense $504
  • Water Sewer Expense $833
  • Operating Expense $2,536
  • Gross Income $27,720
  • Net Operating Income $25,184

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,890

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 833.02
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5309013015
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Pantry
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Price Per Square Foot: 520.20
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Mixed
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range, Gas Water Heater
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area, Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 504.41
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5727.00
  • Lot Size Acres: 0.1315

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 27720.00
  • Gross Scheduled Income: 27720.00
  • Insurance Expense: 1034.00
  • Lot Size Area: 5727.0000 Square Feet
  • Net Operating Income: 25184.43
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2535.57
  • Other Expense: 164.14
  • Other Expense Description: LA Rents
  • Rent Control: Yes
  • Total Expenses: 2535.57

Tax Info

  • Tax Census Tract: 2011.20
  • Tax Lot: 86
  • Tax Tract Number: 5643
  • TaxOtherAnnualAssessmentAmount: 259.00

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2022 06/13/22 Sold $850,000 +6.4% $520 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/11/2022 03/11/22 Price Changed $799,000 -3.6% $489 / Sq Ft
12/03/2021 12/03/21 For Sale $829,000 -- $507 / 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 $10,890 $902,026 $673,867 $228,159
2024 $10,890 $884,340 $660,654 $223,686
2023 $10,680 $867,000 $647,700 $219,300
2022 $2,021 $149,798 $90,859 $58,939
2021 $1,988 $146,862 $89,078 $57,784
2019 $1,933 $142,508 $86,437 $56,071
2018 $1,909 $139,715 $84,743 $54,972
2016 $1,810 $134,292 $81,453 $52,839
2015 $1,786 $132,276 $80,230 $52,046
2014 $1,806 $129,686 $78,659 $51,027
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF21256990

California Regional Multiple Listing Service (CRMLS)

APN: 5309-013-015