NOT LISTED FOR SALE

Estimated Value: $778,000 - $969,000

4 Beds
2 Baths
1,680 Sq Ft
$506/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $748,000 $445 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,304/month

78 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

As of September 2022

WELCOME TO THIS RECENTLY UPGRADED DUPLEX. THE BUILDING CAN BE DILIVERED VACANT!! the tenant has signed a 45 day CASH 4 KEYS AGREEMENT AS OF 05/31/2022. This building features Two (2) Bedroom and (1) bathroom units. There is a washer and dryer hookup in each unit. The top unit has been totally updated, which is VACANT and ready for an owner occupant. The lower unit has been refreshed with paint, new title in the kitchen and bathroom and has hardwood floors. The lower unit is currently rented to a long term tenant. BONUS UNIT! - There is a 3rd finished studio unit with a bathroom and kitchenette. The front of the building features maintained rock drought resistant garden. The building is secured by bars and a security gate. Very central location close to USC, Museums, Train Station.

Last Agent to Sell the Property

James Grant

Forrest G. Realty License #01502940 Listed on: 05/10/2022

Last Buyer's Agent

Marquis Horace

Agee Realty License #01958560

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,329

Year Built

  • Built in 1927

Lot Details

  • 1,532 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Urban Location

Utilities

  • Wall Furnace
  • No Utilities
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 17 / 39
  • Tax Tract Number 1
  • Assessor Parcel Number 5016011016
  • $200 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,329

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Price Per Unit: 374000
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5016011016
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 445.24
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 1532.00
  • Lot Size Acres: 0.0352

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 22800.00
  • Gross Scheduled Income: 22800.00
  • Lot Size Area: 1532.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: Yes
  • Total Actual Rent: 22800.00

Tax Info

  • Tax Block: 39
  • Tax Census Tract: 2322.00
  • Tax Lot: 17
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 200.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2022
Sold by
Ward Daughn G
Bought by
Armas Marilyn
Current Estimated Value
$850,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,250
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2021
Sold by
Defiant Giant Llc
Bought by
Ward Daughn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2021
Sold by
Defiant Llc
Bought by
Ward Daughn G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2021
Sold by
Ward Daughn G
Bought by
Defiant Llc

Purchase Details

Closed on
Mar 15, 2021
Sold by
Defiant Llc
Bought by
Ward Daughn G

Purchase Details

Closed on
Jun 3, 2019
Sold by
Ward Daughn G
Bought by
Defiant Glant Llc

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 19, 2017
Sold by
Radical Enterprises Inc
Bought by
Ward Daughn G
Seller's Agent
Douglas Carrillo
Century 21 Allstars
Buyer's Agent
Douglas Carrillo
Century 21 Allstars
List Price
$449,900
Sold Price
$450,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Original Mortgage
$412,087
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2017
Sold by
Carrillo Douglas
Bought by
Radical Enterprises Inc

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 15, 2014
Sold by
Radical Enterprises Inc
Bought by
Carrillo Douglas
Seller's Agent
Luis Gallegos
Keller Williams Pacific Estates
Buyer's Agent
Rene Cobian
Colonial Real Estate
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.25%
Original Mortgage
$253,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 14, 2014
Closed on
May 14, 2014
Sold by
Vera Maggie
Bought by
Radical Enterprises Inc
Seller's Agent
Luis Gallegos
Keller Williams Pacific Estates
Buyer's Agent
Rene Cobian
Colonial Real Estate
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 4, 2010
Sold by
Federal National Mortgage Association
Bought by
Vera Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,940
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 17, 2009
Sold by
Benton Clinton N
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Feb 3, 2006
Sold by
Benton Clinton N
Bought by
Taylor Helen D

Purchase Details

Closed on
Nov 29, 1999
Sold by
Psalm & Proverbs Of The Potters House In
Bought by
Benton Clinton N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,855
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 1999
Sold by
Hud
Bought by
Psalm & Proverbs Of The Potters House In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
7.77%

Purchase Details

Closed on
Sep 30, 1998
Sold by
Homeside Lending Inc
Bought by
Hud

Purchase Details

Closed on
Aug 12, 1998
Sold by
Dreisbach Renee
Bought by
Homeside Lending Inc

Purchase Details

Closed on
Jul 15, 1996
Sold by
Mazloom Wajih
Bought by
Dreisbach Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,732
Interest Rate
8.3%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 1996
Sold by
American Svgs Bank Fa
Bought by
Mazloom Wajih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.03%

Purchase Details

Closed on
Jul 17, 1995
Sold by
Morales Rosie and Morales Cesar
Bought by
American Svgs Bank Fa
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
Armas Marilyn $745,000 Orange Coast Title
Ward Daughn G -- Orange Coast Title Company
Ward Daughn G -- Orange Coast Title
Defiant Llc -- Accommodation/Courtesy Recordi
Ward Daughn G -- Lawyers Title
Defiant Glant Llc -- Accommodation
Ward Daughn G $450,000 North American Title Company
Radical Enterprises Inc -- None Available
Carrillo Douglas -- None Available
Radical Enterprises Inc $230,000 Fidelity National Title Co
Vera Maggie $155,000 Lsi Title Agency
Fannie Mae $189,725 None Available
Taylor Helen D -- None Available
Benton Clinton N $140,000 Provident Title
Psalm & Proverbs Of The Potters House In $110,000 --
Hud $141,516 Fidelity National Title Ins
Homeside Lending Inc $141,516 Fidelity National Title Ins
Dreisbach Renee $130,000 Investors Title
Mazloom Wajih $79,909 Investors Title Company
American Svgs Bank Fa $68,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armas Marilyn $633,250
Previous Owner Ward Daughn G $455,000
Previous Owner Ward Daughn G $412,087
Previous Owner Carrillo Douglas $253,000
Previous Owner Radical Enterprises Inc $253,000
Previous Owner Vera Maggie $152,940
Previous Owner Benton Clinton N $138,855
Previous Owner Psalm & Proverbs Of The Potters House In $87,000
Previous Owner Dreisbach Renee $128,732
Previous Owner Mazloom Wajih $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2022 09/26/22 Sold $748,000 0.0% $445 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
05/10/2022 05/10/22 For Sale $748,000 +66.2% $445 / Sq Ft
06/22/2017 06/22/17 Sold $450,000 0.0% $268 / Sq Ft View Prior Sale
05/08/2017 05/08/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $449,900 +95.6% $268 / Sq Ft
06/16/2014 06/16/14 Sold $230,000 0.0% $137 / Sq Ft View Prior Sale
05/06/2014 05/06/14 Pending -- -- --
04/24/2014 04/24/14 For Sale $230,000 -- $137 / 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 $9,329 $775,098 $624,240 $150,858
2024 $9,329 $759,900 $612,000 $147,900
2023 $9,152 $745,000 $600,000 $145,000
2022 $7,705 $642,600 $255,000 $387,600
2021 $5,723 $469,938 $371,004 $98,934
2020 $5,928 $477,542 $382,034 $95,508
2019 $5,695 $468,180 $374,544 $93,636
2018 $6,111 $459,000 $367,200 $91,800
2016 $2,984 $238,172 $142,903 $95,269
2015 $2,942 $234,595 $140,757 $93,838
2014 $2,065 $163,211 $65,284 $97,927
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN22093418

California Regional Multiple Listing Service (CRMLS)

APN: 5016-011-016