NOT LISTED FOR SALE

Estimated Value: $683,000 - $854,770

4 Beds
2 Baths
2 Sq Ft
$381,846/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $445,000 $222,500 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,584/month

55 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard

About This Home

As of December 2018

Attention investors, two units close to down Los Angeles. Front unit consists of 3 bedroom 1.5 bathroom, rear unit is 1 bedroom, car port and additional parking. These property is in need of some repairs and will sell in its present condition. Seller is very motivated, submit your offer.

Last Agent to Sell the Property

Moises Martinez

REALTY MASTERS & ASSOCIATES, INC. License #00837282 Listed on: 09/07/2018

REALTY MASTERS & ASSOCIATES, INC.

Last Buyer's Agent

Jeffrey Park

New Star Realty License #01967670

New Star Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,180

Year Built

  • Built in 1922

Lot Details

  • 6,300 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Home Design

  • 2 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 228500
  • Assessor Parcel Number 5109002039

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $200
  • Gross Income $2,900
  • Net Operating Income $2,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,180

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Other Phone Description: 323-385-6508
  • Property Attached: No
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5109002039
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size: 6300
  • Lot Size Sq Ft: 6300.00
  • Lot Size Acres: 0.1446

Multi Family

  • Gross Income: 2900.00
  • Gross Scheduled Income: 2900.00
  • Lot Size Area: 6300.0000 Square Feet
  • Net Operating Income: 2700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: Yes
  • Total Expenses: 200.00

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 228500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2018
Closed on
Oct 31, 2018
Sold by
Cossio Young Alberto
Bought by
Lee Young Ja
Seller's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
Buyer's Agent
Jeffrey Park
New Star Realty
List Price
$469,000
Sold Price
$445,000
Premium/Discount to List
-$24,000
-5.12%
Current Estimated Value
$763,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,693
Avg. Annual Appreciation
7.89%
Original Mortgage
$311,500
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2018
Sold by
Cossio Jorge Alberto and Badillo Anahi
Bought by
Cossio Jorge Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 11, 2015
Closed on
Feb 11, 2015
Sold by
Marquez Marx Farid
Bought by
Cossio Jorge Alberto and Badillo Anahi
Seller's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
Buyer's Agent
Moises Martinez
REALTY MASTERS & ASSOCIATES, INC.
List Price
$345,000
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$198,000
Interest Rate
3.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2013
Sold by
Marquez Marx Farid and Marquez Marx
Bought by
Marquez Marx Faird

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2012
Sold by
Thapar Llc
Bought by
Marquez Marx

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,999
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2010
Sold by
Carrillo Arcenia
Bought by
Thapar Llc

Purchase Details

Closed on
Apr 27, 2007
Sold by
Carrillo Pastor Mercedes
Bought by
Carrillo Arcenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.15%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 27, 2007
Sold by
White Josefina and Villarreal Jose
Bought by
Carrillo Arcenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.15%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 29, 2006
Sold by
Villarreal Jose and Villarreal Josefina
Bought by
White Josefina and Villarreal Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,625
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1994
Sold by
White Thomas R and White Josefina
Bought by
White Thomas R and White Josefina
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
Lee Young Ja $445,000 Stewart Title Company
Cossio Jorge Alberto -- First American Title Insuran
Cossio Jorge Alberto $345,000 Stewart Title Company
Marquez Marx Faird -- Title 365
Marquez Marx $200,000 Calcounties Title Nation
Thapar Llc $161,000 Pacific Coast Title
Carrillo Arcenia -- Southland Title Corporation
Carrillo Arcenia $525,000 Southland Title Corporation
White Josefina -- United Title Company
White Thomas R -- --
White Josefina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Young Ja $420,000
Closed Lee Young Ja $65,000
Closed Lee Young Ja $311,500
Previous Owner Cossio Jorge Alberto $250,000
Previous Owner Cossio Jorge Alberto $198,000
Previous Owner Marquez Marx Farid $259,000
Previous Owner Marquez Marx Faird $174,000
Previous Owner Marquez Marx $129,999
Previous Owner Alcazar Reyes $35,000
Previous Owner Carrillo Arcenia $420,000
Previous Owner White Josefina $195,625
Previous Owner White Josefina $182,000
Previous Owner White Josefina $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $445,000 +2.3% $222,500 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/28/2018 10/28/18 Price Changed $435,000 -3.3% $217,500 / Sq Ft
10/02/2018 10/02/18 Price Changed $450,000 -4.1% $225,000 / Sq Ft
09/07/2018 09/07/18 For Sale $469,000 +35.9% $234,500 / Sq Ft
02/20/2015 02/20/15 Sold $345,000 0.0% $194 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $345,000 -- $194 / 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 $6,180 $496,401 $390,429 $105,972
2024 $6,180 $486,669 $382,774 $103,895
2023 $6,064 $477,127 $375,269 $101,858
2022 $5,788 $467,772 $367,911 $99,861
2021 $5,712 $458,601 $360,698 $97,903
2020 $5,766 $453,900 $357,000 $96,900
2019 $5,544 $445,000 $350,000 $95,000
2018 $4,604 $364,409 $221,815 $142,594
2016 $4,390 $350,260 $213,202 $137,058
2015 $3,748 $296,389 $110,885 $185,504
2014 $3,773 $290,584 $108,713 $181,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18219765

California Regional Multiple Listing Service (CRMLS)

APN: 5109-002-039