NOT LISTED FOR SALE

454 E 29th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $878,000 - $1,171,000

6 Beds
3 Baths
3,048 Sq Ft
$323/Sq Ft Est. Value

Last Sold January 12, 2017

Last sale price $600,000 $197 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,873/month

40 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • No HOA
  • Wood Fence
  • Front Yard

About This Home

As of January 2017

GREAT PRIDE OF OWNERSHIP. FRONT UNIT CONSISTS OF TWO BEDROOMS AND ONE BATH HOWEVER ROOM FOR THIRD BEDROOM. REAR UNITS ARE 2 BEDROOMS EACH WITH ONE BATH. BOTH HAVE BEEN RECENTLY REMODELED THROUGHOUT. NEW KITCHEN INCLUDING GRANITE COUNTER TOPS, NEW FLOORING, NEW BATHROOMS, NEW PLUMBING, NEW SEWER, NEW ELECTRICAL ETC. MUST SEE TO APPRECIATE. PROPERTY LOCATED NEAR SHOPS, SCHOOLS AND PUBLIC TRANSPORTATION.

Last Agent to Sell the Property

Manuel Agosto

CASA CENTRAL REALTY License #01317813 Listed on: 11/16/2016

Last Buyer's Agent

Justin McCardle

Growth Investment Group Pasade License #01895720

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 6,252 Sq Ft Lot
  • 1 Common Wall
  • Wood Fence
  • Front Yard

Home Design

  • Split Level Home
  • Property Attached
  • Combination Foundation
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,048 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 12405
  • Assessor Parcel Number 5128007009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,800
  • Water Sewer Expense $4,800
  • Gross Income $45,000
  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 4800.00
  • Zoning: LARD1.5
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5128007009
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Levels: Multi/Split
  • Price Per Square Foot: 196.85

Exterior Features

  • Foundation: Combination, Raised, Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • 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: Front Yard
  • Lot Size Sq Ft: 6252.00

Multi Family

  • Gross Income: 45000.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 1800.00
  • Net Operating Income: 38400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 3
  • Operating Expense: 6600.00
  • Rent Control: Yes
  • Total Actual Rent: 2550.00

Tax Info

  • Tax Census Tract: 2267.00
  • Tax Lot: 3
  • Tax Tract Number: 12405

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2017
Sold by
Torres Timoteo A and Torres Lucia
Bought by
Torres Timoteo A and Torres Lucia
Current Estimated Value
$985,935

Purchase Details

Listed on
Nov 16, 2016
Closed on
Mar 3, 2017
Sold by
Torres Timoteo A and Torres Lucia
Bought by
Ltt Management Llc
Seller's Agent
Manuel Agosto
CASA CENTRAL REALTY
Buyer's Agent
Justin McCardle
Growth Investment Group Pasade
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 27, 2016
Sold by
Valencia Maria
Bought by
Celis Rodrigo Z
Seller's Agent
Manuel Agosto
CASA CENTRAL REALTY
Buyer's Agent
Justin McCardle
Growth Investment Group Pasade
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 21, 2016
Sold by
Celis Rodrigo Z and Celis Alejandro Z
Bought by
Torres Timoteo A and Torres Lucia
Seller's Agent
Manuel Agosto
CASA CENTRAL REALTY
Buyer's Agent
Justin McCardle
Growth Investment Group Pasade
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%

Purchase Details

Closed on
May 2, 2007
Sold by
Celis Rodrigo Z and Celis Alejandro Z
Bought by
Celis Rodrigo Z and Celis Alejandro Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,800
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2003
Sold by
Celis Maria G Naranjo
Bought by
Celis Alejandro Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Torres Timoteo A -- None Available
Ltt Management Llc -- None Available
Celis Rodrigo Z -- Ticor Title Company Of Ca
Torres Timoteo A $600,000 Ortc
Celis Rodrigo Z -- Commonwealth
Celis Alejandro Z -- None Available
Celis Alejandro Z -- First American Title Co
Celis Rodrigo Z -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Celis Rodrigo Z $361,800
Previous Owner Celis Rodrigo Z $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2017 01/12/17 Sold $600,000 0.0% $197 / Sq Ft
12/26/2016 12/26/16 Pending -- -- --
12/23/2016 12/23/16 Off Market $600,000 -- --
11/16/2016 11/16/16 For Sale $599,000 -- $197 / 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 $8,676 $696,346 $382,991 $313,355
2024 $8,676 $682,693 $375,482 $307,211
2023 $8,514 $669,308 $368,120 $301,188
2022 $8,127 $656,185 $360,902 $295,283
2021 $8,016 $643,320 $353,826 $289,494
2020 $8,092 $636,724 $350,198 $286,526
2019 $7,781 $624,240 $343,332 $280,908
2018 $7,688 $612,000 $336,600 $275,400
2016 $3,346 $254,029 $80,600 $173,429
2015 $3,301 $250,214 $79,390 $170,824
2014 $3,331 $245,313 $77,835 $167,478
Source: Public Records

Agents Affiliated with this Home

  • Manuel Agosto

    Seller's Agent in 2017

    Manuel Agosto

    CASA CENTRAL REALTY

    (909) 724-9885

    31 Total Sales

    Manuel Agosto
    Section Image
  • Justin McCardle

    Buyer's Agent in 2017

    Justin McCardle

    Growth Investment Group Pasade

    (626) 594-4650

    27 Total Sales

    Justin McCardle
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16749342

California Regional Multiple Listing Service (CRMLS)

APN: 5128-007-009

California Los Angeles County Los Angeles 90011 Historic South Central

454 E 29th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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