NOT LISTED FOR SALE

Estimated Value: $496,000 - $1,290,000

10 Beds
6 Baths
1,447 Sq Ft
$678/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $172,000 $119 Per Sq Ft

Est. 471% increase in value since last sale

Current estimated payment $5,976/month

32 Days on Market

About This Home

As of February 2013

PLEASE DO NOT DISTURB OCCUPANTS!!NOT COOPERATIVE!! MUST CALL OFFICE!! SUBJECT TO INTERIOR INSPECTION. Huge potential in this property near Leimert Park region. Property is showing as two units per the county assessor. Subject property is in need of extensive repairs. Large frontage and private backyard. Plenty of onsite parking provided by long driveway and detached garage. Property will be delivered vacant at the close of Escrow.

Last Agent to Sell the Property

Julio Bonilla

Keller Williams Pacific Estates License #01281205 Listed on: 10/01/2012

Keller Williams Pacific Estates

Last Buyer's Agent

Julio Bonilla

Keller Williams Pacific Estates License #01281205 Listed on: 10/01/2012

Keller Williams Pacific Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,048

Year Built

  • Built in 1918

Lot Details

  • 6,505

Parking

  • 4 Parking Spaces

Home Design

  • 1,447 Sq Ft Home
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Additional Features

  • 6,505 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 290
  • Tax Tract Number 12543
  • Assessor Parcel Number 5015014010

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,048

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5015014010
  • Year Built: 1918
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 118.87

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6505.00
  • Lot Size Acres: 0.1490

Multi Family

  • Lot Size Area: 6505.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 212
  • Tax Lot: 290
  • Tax Tract Number: 12543

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2015
Sold by
Lalepour Viktoriia
Bought by
Lalepour Houshmand
Current Estimated Value
$981,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2014
Sold by
Lalepour Viktorila
Bought by
Lalepur Houshmand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 21, 2014
Sold by
Venicci Investment Group Inc
Bought by
Lalepour Houshmand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2013
Sold by
Ocean Development Inc
Bought by
Venicci Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 1, 2012
Closed on
Feb 11, 2013
Sold by
Gonzalez Rosendo and Estate Of Cynthia A Dunning
Bought by
Ocean Development Inc
Seller's Agent
Julio Bonilla
Keller Williams Pacific Estates
Buyer's Agent
Julio Bonilla
Keller Williams Pacific Estates
List Price
$172,000
Sold Price
$172,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.80%
Original Mortgage
$400,000
Interest Rate
3.49%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 27, 2005
Sold by
Mitchell Doris J
Bought by
Mitchell Doris J
Source: Public Records

Range of Values:

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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
Lalepour Houshmand -- Ticor Title Company Of Ca
Lalepur Houshmand -- First American Title Company
Lalepour Houshmand -- None Available
Venicci Investment Group Inc $525,005 Lawyers Title
Ocean Development Inc $172,000 Lawyers Title Co
Mitchell Doris J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalepour Houshmand $324,000
Open Lalepour Houshmand $688,500
Closed Lalepour Houshmand $2,000,000
Closed Lalepur Houshmand $372,000
Previous Owner Venicci Investment Group Inc $367,500
Previous Owner Ocean Development Inc $400,000
Previous Owner Ocean Development Inc $53,500
Previous Owner Dunning Cynthia Ann $100,000
Previous Owner Mitchell Doris J $54,135
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $172,000 0.0% $119 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $172,000 -- $119 / 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 $8,048 $639,375 $384,589 $254,786
2024 $8,048 $626,840 $377,049 $249,791
2023 $7,903 $614,550 $369,656 $244,894
2022 $7,550 $602,501 $362,408 $240,093
2021 $7,436 $590,688 $355,302 $235,386
2019 $7,221 $573,169 $344,764 $228,405
2018 $7,089 $561,931 $338,004 $223,927
2016 $6,745 $540,113 $324,880 $215,233
2015 $6,649 $532,000 $320,000 $212,000
2014 $6,626 $525,000 $325,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1205199

California Regional Multiple Listing Service (CRMLS)

APN: 5015-014-010