NOT LISTED FOR SALE

Estimated Value: $904,000 - $968,000

6 Beds
4 Baths
1,920 Sq Ft
$485/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $765,000 $398 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,700/month

21 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Space Heater
  • No HOA
  • Ceiling Fan
  • 4-minute walk to Gilbert Lindsay Recreation Center

About This Home

As of December 2021

LOCATION: LOCATION: LOCATION This Duplex is now on the market, Near to USC in the city of Los Angeles. 3 bedrooms and 2 baths each Unit with Plenty parking for up to 6 cars and an Electric Gate to entrance the property in the back for security. Both units will be Vacant at close of Escrow. Both units are in excellent conditions. Property is Ideal for Large Family or Owner occupied.

Last Agent to Sell the Property

Martha Garzona

Mega Real Estate License #01086989 Listed on: 09/24/2021

Last Buyer's Agent

Carlos Cotta

Carlos M. Cotta, Broker License #02082207

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 5,121 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • Duplex

Interior Spaces

  • 1,920 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Parking

  • Parking Available
  • Assigned Parking

Utilities

  • Space Heater

Listing and Financial Details

  • Tax Lot 85
  • Tax Tract Number 2
  • Assessor Parcel Number 5113013004
  • $300 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5113013004
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 398.44
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Space Heater
  • Laundry Features: Inside
  • Sewer: Other
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5121.00
  • Lot Size Acres: 0.1176

Multi Family

  • Lot Size Area: 5121.0000 Square Feet
  • 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 Census Tract: 2285.00
  • Tax Lot: 85
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 300.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Oct 21, 2021
Sold by
Velasco Daniel Cortez and Cortez Daniel
Bought by
Madrid Sergio G and Madrid Dinora Elizabeth
Seller's Agent
Martha Garzona
Mega Real Estate
Buyer's Agent
Carlos Cotta
Carlos M. Cotta, Broker
List Price
$725,000
Sold Price
$765,000
Premium/Discount to List
$40,000
5.52%
Current Estimated Value
$932,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,147
Avg. Annual Appreciation
5.01%
Original Mortgage
$751,143
Interest Rate
3.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 9, 2012
Sold by
California Realty & Investment Group Inc
Bought by
Velazco Daniel Cortez and Cortez Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,420
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 2, 2011
Sold by
Vivanco David
Bought by
California Realty & Investment Group Inc

Purchase Details

Closed on
Feb 16, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Vivanco David

Purchase Details

Closed on
Feb 15, 2011
Sold by
Carrasco Vivian
Bought by
Vivanco David

Purchase Details

Closed on
Nov 16, 2010
Sold by
Mclaurin A C
Bought by
Deutsche Bank National Trust Company and Ocwen Loan Servicing Llc

Purchase Details

Closed on
Dec 5, 2008
Sold by
Milton Robert E
Bought by
Mclaurin A C

Purchase Details

Closed on
Sep 23, 2008
Sold by
Mclaurin A C
Bought by
Milton Robert E

Purchase Details

Closed on
May 1, 2008
Sold by
Milton Robert E
Bought by
Mclaurin A C

Purchase Details

Closed on
Sep 22, 2007
Sold by
Thomas Virginia
Bought by
Mclaurin A C

Purchase Details

Closed on
Mar 27, 2007
Sold by
Mclaurin A C
Bought by
Milton Robert

Purchase Details

Closed on
Jun 6, 2003
Sold by
Mclaurin A C
Bought by
Thomas Virginia R

Purchase Details

Closed on
May 19, 1998
Sold by
Mclaurin A C Tr A C Mclaurin Trust
Bought by
Mclaurin A C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,000
Interest Rate
7.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 23, 1993
Sold by
Mclaurin A C
Bought by
Mclaurin A C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Madrid Sergio G $765,000 Usa National Title
Velazco Daniel Cortez $299,000 Usa National Title Co
Velazco Daniel Cortez -- Usa National Title Co
California Realty & Investment Group Inc -- None Available
Vivanco David $132,000 Premium Title Of Ca Inc
Vivanco David -- Premium Title Of Ca Inc
Deutsche Bank National Trust Company $137,383 Accommodation
Mclaurin A C -- None Available
Milton Robert E -- None Available
Mclaurin A C -- None Available
Mclaurin A C -- None Available
Milton Robert -- None Available
Thomas Virginia R -- --
Mclaurin A C -- Fidelity National Title Ins
Mclaurin A C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madrid Sergio G $751,143
Previous Owner Velazco Daniel Cortez $291,420
Previous Owner Mclaurin A C $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2021 12/20/21 Sold $765,000 +5.5% $398 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $725,000 -- $378 / 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 $9,913 $811,823 $610,194 $201,629
2024 $9,789 $795,906 $598,230 $197,676
2023 $9,599 $780,300 $586,500 $193,800
2022 $9,152 $765,000 $575,000 $190,000
2021 $4,381 $346,953 $124,160 $222,793
2019 $4,253 $336,664 $120,478 $216,186
2018 $4,186 $330,064 $118,116 $211,948
2016 $3,987 $317,249 $113,530 $203,719
2015 $3,931 $312,484 $111,825 $200,659
2014 $3,955 $306,364 $109,635 $196,729
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21206162

California Regional Multiple Listing Service (CRMLS)

APN: 5113-013-004