NOT LISTED FOR SALE

Estimated Value: $746,000 - $1,093,200

3 Beds
2 Baths
1,850 Sq Ft
$486/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $385,000 $208 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,388/month

91 Days on Market

Highlights

  • 2 Car Attached Garage
  • Side by Side Parking
  • 5-minute walk to Leimert Park

About This Home

As of November 2014

Great Spanish duplex on palm tree lined street, adjacent to Leimert Park Village and View Park. The front unit (2 bdrm + 1 bath, 1086 SF) has been updated in 2012 with new vinyl windows, new light fixtures, new carpet in bedrooms, re-stained original hardwood floors in living room, new kitchen cabinets, tile flooring, granite counter tops. Back unit is a fixer with 1 bdrm + 1 bath, 764 SF. Detached 1 car garage for each unit. Both units have separate back yards. New Metro Station and Kaiser Towers (with shops, restaurants and more) on the way in construction within 3-4 blocks from the property. Do not disturb tenants. Sold as-is.

Last Agent to Sell the Property

Yana Bekher

Associated Agents Realty License #01348052 Listed on: 06/10/2014

Last Buyer's Agent

Victoria Randall

Premiere Capital Investments, Inc License #01122972

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,834

Year Built

  • Built in 1924

Lot Details

  • 6,919

Home Design

  • 1,850 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Driveway

Additional Features

  • Oven or Range
  • 6,919 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5013-024-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,834

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1850
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 210.81

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Detached, Driveway, Garage - 2 Car, Garage Is Detached, Side By Side
  • Total Parking: 2

Utilities

  • Heating: Wall
  • Water Expense: 1650.00

Fee Information

  • Insurance Expense: 1200.00
  • Maintenance Expense: 200.00

Lot Info

  • Assessed Improvement Value: 85000
  • Assessed Land Value: 193000
  • Assessor Parcel Number: 5013-024-026
  • Geocode Override: No
  • Lot Size Area: 6919

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Detached
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 3934.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2014
Closed on
Nov 14, 2014
Sold by
Huang Jackson
Bought by
Mcclain Carla
Seller's Agent
Yana Bekher
Associated Agents Realty
Buyer's Agent
Victoria Randall
Premiere Capital Investments, Inc
List Price
$390,000
Sold Price
$385,000
Premium/Discount to List
-$5,000
-1.28%
Current Estimated Value
$899,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,550
Avg. Annual Appreciation
8.40%
Original Mortgage
$368,233
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 28, 2012
Closed on
Jul 24, 2012
Sold by
Clark John J
Bought by
Huang Jackson
Seller's Agent
Edward White
TDC Pacific Properties Inc.
Buyer's Agent
Igor Korosec
Next Level Properties
List Price
$289,900
Sold Price
$278,000
Premium/Discount to List
-$11,900
-4.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.65%

Purchase Details

Closed on
Feb 17, 2012
Sold by
Daniels Marion W
Bought by
Clark John J

Purchase Details

Closed on
Aug 5, 2009
Sold by
Daniels John
Bought by
Daniels Marion W

Purchase Details

Closed on
Dec 18, 2008
Sold by
11Th Avenue Trust
Bought by
Daniels Marion W

Purchase Details

Closed on
Mar 27, 2006
Sold by
Daniels Marion W
Bought by
11Th Avenue Trust
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
Mcclain Carla $385,000 Lawyers Title
Huang Jackson $278,000 Title 365
Clark John J $45,000 Advantage Title Inc
Clark John J -- Advantage Title Inc
Daniels Marion W -- None Available
Daniels Marion W -- None Available
11Th Avenue Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclain Carla $364,236
Closed Mcclain Carla $364,265
Closed Mcclain Carla $368,233
Previous Owner Daniels Marion L $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $385,000 -1.3% $208 / Sq Ft
09/09/2014 09/09/14 Pending -- -- --
06/10/2014 06/10/14 For Sale $390,000 +40.3% $211 / Sq Ft
08/27/2012 08/27/12 Sold $278,000 -4.1% $150 / Sq Ft
06/24/2012 06/24/12 Pending -- -- --
04/28/2012 04/28/12 For Sale $289,900 -- $157 / 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 $5,834 $462,703 $342,522 $120,181
2024 $5,834 $453,631 $335,806 $117,825
2023 $5,730 $444,737 $329,222 $115,515
2022 $5,476 $436,017 $322,767 $113,250
2021 $5,401 $427,469 $316,439 $111,030
2020 $5,455 $423,087 $313,195 $109,892
2019 $5,248 $414,792 $307,054 $107,738
2018 $5,131 $406,660 $301,034 $105,626
2016 $4,898 $390,871 $289,346 $101,525
2015 $4,829 $385,000 $285,000 $100,000
2014 $3,662 $279,261 $193,876 $85,385
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-769003

The MLS

APN: 5013-024-026