P
Seller's Agent in 2013
Peter Park
Prime Properties Asset Mgmt
456 E 118th Place Los Angeles, CA 90061
Green Meadows NeighborhoodEstimated Value: $702,380 - $915,000
4
Beds
3
Baths
1,452
Sq Ft
$548/Sq Ft
Est. Value
Highlights
- Corner Lot
- Private Yard
- 3-minute walk to Avalon Station
About This Home
As of October 2013Be Your Own Landlord!! Regular Sale...Remodeled!! 2 separate houses on a lot plus a detached 2 car garage. Corner lot. Each house has their own laundry room, driveway and yard. Plenty of parking. Front house consists of 3 bedrooms 2 baths. The spacious master bedroom and bath makes this home a perfect place to relax. The back house consists of 1 bedroom 1 bath very spacious and tastefully done. Great for extra income or family. Both units were identical and in 2006 an addition was added to make a 3 bed 2 bath. Also garage was built in 2006. Both houses have been remodeled and are turn key ready.
Entrance on Avalon and also on 118th Pl. Great Investment Property or owner occupied!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,776
Year Built
- Built in 1939
Lot Details
- 6,316 Sq Ft Lot
- No Common Walls
- Corner Lot
- Private Yard
Parking
- 2 Car Garage
Home Design
- 1,452 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 205
- Tax Tract Number 3598
- Assessor Parcel Number 6083022001
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- Gross Income $2,700
- Net Operating Income $32,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2013
Closed on
Sep 6, 2013
Sold by
Gomlin Properties Llc
Bought by
Magdaleno Irma C and Medina Robert
Seller's Agent
Maria Olmos
Y Realty
Buyer's Agent
Linda Griego
Coldwell Banker Roadrunner
List Price
$349,900
Sold Price
$355,000
Premium/Discount to List
$5,100
1.46%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,095
Avg. Annual Appreciation
6.91%
Original Mortgage
$348,544
Outstanding Balance
$259,786
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$535,309
Purchase Details
Listed on
Mar 12, 2013
Closed on
May 17, 2013
Sold by
Federal National Mortgage Association
Bought by
Gomlin Properties Llc
Seller's Agent
Peter Park
Prime Properties Asset Mgmt
Buyer's Agent
Mario Morales
ReMax Champions
List Price
$297,900
Sold Price
$255,000
Premium/Discount to List
-$42,900
-14.4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
157.36%
Original Mortgage
$222,000
Interest Rate
3.38%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Sep 12, 2012
Sold by
Ante Ana M
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jun 18, 2004
Sold by
Duarte Jose Villacorta
Bought by
Ante Ana M
Purchase Details
Closed on
Jun 1, 2002
Sold by
Diaz Jonas Aguilar
Bought by
Duarte Jose Villacorta
Purchase Details
Closed on
Jun 12, 2001
Sold by
Rocha Afro A and Sanchez Miguel
Bought by
Diaz Jonas Aguilar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,006
Interest Rate
7.09%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 3, 1998
Sold by
Rocha Afro A and Rocha Gildardo
Bought by
Rocha Afro A and Sanchez Miguel
Purchase Details
Closed on
Jun 21, 1996
Sold by
Sanchez David and Sanchez Eva
Bought by
Rocha Afro A and Rocha Gildardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,100
Interest Rate
8.23%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Magdaleno Irma C | $355,000 | Ticor Title Company | |
| Gomlin Properties Llc | $255,000 | Lsi Title Company Ca | |
| Federal National Mortgage Association | $386,836 | First American Title Company | |
| Ante Ana M | -- | Southland Title | |
| Duarte Jose Villacorta | -- | -- | |
| Diaz Jonas Aguilar | $129,000 | Fidelity National Title Co | |
| Rocha Afro A | -- | -- | |
| Rocha Afro A | $118,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Magdaleno Irma C | $348,544 | |
| Previous Owner | Gomlin Properties Llc | $222,000 | |
| Previous Owner | Diaz Jonas Aguilar | $127,006 | |
| Previous Owner | Rocha Afro A | $112,100 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/10/2013 10/10/13 | Sold | $355,000 | +1.5% | $244 / Sq Ft | |
| 08/07/2013 08/07/13 | Pending | -- | -- | -- | |
| 07/25/2013 07/25/13 | For Sale | $349,900 | +37.2% | $241 / Sq Ft | |
| 06/04/2013 06/04/13 | Sold | $255,000 | -14.4% | $176 / Sq Ft | View Prior Sale |
| 05/10/2013 05/10/13 | Pending | -- | -- | -- | |
| 11/09/2012 11/09/12 | For Sale | $297,900 | -- | $205 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,776 | $435,169 | $220,649 | $214,520 |
| 2024 | $5,776 | $426,637 | $216,323 | $210,314 |
| 2023 | $5,671 | $418,273 | $212,082 | $206,191 |
| 2022 | $5,424 | $410,073 | $207,924 | $202,149 |
| 2021 | $5,355 | $402,034 | $203,848 | $198,186 |
| 2020 | $5,402 | $397,912 | $201,758 | $196,154 |
| 2019 | $5,202 | $390,110 | $197,802 | $192,308 |
| 2018 | $5,108 | $382,462 | $193,924 | $188,538 |
| 2016 | $4,878 | $367,613 | $186,395 | $181,218 |
| 2015 | $4,807 | $362,092 | $183,596 | $178,496 |
| 2014 | $4,827 | $355,000 | $180,000 | $175,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Maria Olmos
Seller's Agent in 2013
Maria Olmos
Y Realty
(562) 824-6227
1 in this area
50 Total Sales
-
Mario Morales
Buyer's Agent in 2013
Mario Morales
RE/MAX
(626) 318-0526
10 Total Sales
-
Linda Griego
L
Buyer's Agent in 2013
Linda Griego
Coldwell Banker Roadrunner
(310) 422-6963
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13147544
APN: 6083-022-001
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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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