NOT LISTED FOR SALE

455 Wheeling Way Los Angeles, CA 90042

Montecito Heights Neighborhood

Estimated Value: $990,000 - $1,118,610

2 Beds
2 Baths
1,332 Sq Ft
$771/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $555,000 $417 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,258/month

29 Days on Market

About This Home

As of June 2016

Investment Opportunity in Vibrant Northeast Los Angeles! Introducing this Charming Duplex located in Hermon District/Highland Park Area. Each unit offers, 1bd + 1 bath, separate front yards, covered back decks and attached single car garages. Conveniently close to freeways, Dog Park, Community Market, Elementary school, local entertainment and eateries. These 2 units offer great upside potential and are ready to be revitalized and updated by new owners. This is a fantastic opportunity for buyers or investors looking to own property in this Up and Coming community. It's a must see Duplex. Property sold As-Is. See agent Remarks for showing instructions.

Last Agent to Sell the Property

Lorena Marmolejo

Keller Williams SELA License #01970337 Listed on: 04/11/2016

Last Buyer's Agent

Iacopo Wachter

First American Team Realty Inc License #01487692

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,094

Year Built

  • Built in 1940

Lot Details

  • 5,656 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Property Attached

Interior Spaces

  • 1,332 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Legal Lot and Block 6,7 / 15
  • Tax Tract Number 53352
  • Assessor Parcel Number 5301010024

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,094

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 5301010024
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 416.67

Exterior Features

  • View: Neighborhood
  • Fencing: Block
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5656.00
  • Price Per Lot Square Foot: 98.13

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Block: 15
  • Tax Lot: 6,7
  • Tax Tract Number: 53352

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2016
Closed on
Jun 28, 2016
Sold by
Negrette Rebecca
Bought by
Negrette Peter
Seller's Agent
Lorena Marmolejo
Keller Williams SELA
Buyer's Agent
Iacopo Wachter
First American Team Realty Inc
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Current Estimated Value
$1,026,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,653
Avg. Annual Appreciation
6.75%
Original Mortgage
$463,250
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 11, 2016
Closed on
May 17, 2016
Sold by
Negrete Peter and Murillo Laura N
Bought by
Sahapatanavana Ernie
Seller's Agent
Lorena Marmolejo
Keller Williams SELA
Buyer's Agent
Iacopo Wachter
First American Team Realty Inc
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$463,250
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2014
Sold by
Negrette Leo A and Felix Living Trust
Bought by
Negrette Peter and Murillo Laura N

Purchase Details

Closed on
Jun 6, 2007
Sold by
Felix Mary R
Bought by
Felix Mary R and The Felix Living Trust
Source: Public Records

Range of Values:

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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
Negrette Peter -- Orange Coast Title Co Socal
Sahapatanavana Ernie $560,000 Orange Coast Title Co Socal
Negrette Peter -- None Available
Felix Mary R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sahapatanavana Ernie $428,000
Closed Sahapatanavana Ernie $463,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $555,000 +0.9% $417 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
04/11/2016 04/11/16 For Sale $550,000 -- $413 / 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 $8,094 $662,920 $426,164 $236,756
2024 $8,094 $649,922 $417,808 $232,114
2023 $7,939 $637,179 $409,616 $227,563
2022 $7,572 $624,686 $401,585 $223,101
2021 $7,478 $612,438 $393,711 $218,727
2019 $7,257 $594,275 $382,034 $212,241
2018 $7,207 $582,624 $374,544 $208,080
2016 $808 $56,806 $21,291 $35,515
2015 $882 $55,954 $20,972 $34,982
2014 $899 $54,859 $20,562 $34,297
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lorena Marmolejo

    Keller Williams SELA

  • Iacopo Wachter

    Buyer's Agent in 2016

    Iacopo Wachter

    First American Team Realty Inc

    (310) 922-5195

    7 Total Sales

    Iacopo Wachter
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16075420

California Regional Multiple Listing Service (CRMLS)

APN: 5301-010-024

California Los Angeles County Los Angeles 90042 Montecito Heights

455 Wheeling Way, Los Angeles, CA

This home is located at 455 Wheeling Way, Los Angeles, CA 90042 since 11 April 2016 and is currently estimated at $1,026,653, approximately $770 per square foot. This property was built in 1940. 455 Wheeling Way is a home located in Los Angeles County with nearby schools including Bushnell Way Elementary School, Luther Burbank Middle School, and Benjamin Franklin High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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