NOT LISTED FOR SALE

477 S Mcdonnell Ave Los Angeles, CA 90022

Estimated Value: $777,000 - $890,000

5 Beds
2 Baths
1,778 Sq Ft
$463/Sq Ft Est. Value

Last Sold December 05, 2023

Last sale price $680,000 $382 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,104/month

About This Home

As of December 2023

Duplex excellent investment opportunity in the East Los Angeles area. This property has new copper plumbing. Front unit is a 2 bedrooms and 1 bathroom and the back unit is a 3 bedrooms and 1 bathroom with a garage. Both have there own yard area. Located near by downtown Los Angeles, freeways, restaurants, shopping, entertainment, and stadiums.

Last Agent to Sell the Property

Laura Ruvalcaba

RE/MAX TOP PRODUCERS License #02019308 Listed on: 12/01/2023

RE/MAX TOP PRODUCERS

Co-Listed By

JAVIER RAMIREZ

RE/MAX INNOVATIONS License #01233369

RE/MAX INNOVATIONS

Last Buyer's Agent

JAVIER RAMIREZ

RE/MAX INNOVATIONS License #01233369

RE/MAX INNOVATIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,397

Year Built

  • Built in 1959

Lot Details

  • 7,002 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,778 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 8 / 20
  • Tax Tract Number 419
  • Assessor Parcel Number 5247008010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,500
  • Operating Expense $18,000
  • Gross Income $29,160
  • Net Operating Income $29,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,397

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 340000
  • Property Attached: No
  • Zoning: LCR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5247008010
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Entry Location: .
  • Common Walls: No Common Walls
  • Price Per Square Foot: 382.45

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Septic Type Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7002.00
  • Lot Size Acres: 0.1607

Multi Family

  • Gross Income: 29160.00
  • Gross Scheduled Income: 2430.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7002.0000 Square Feet
  • Net Operating Income: 29160.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 42000.00
  • Rent Control: Yes
  • Total Expenses: 18000.00

Tax Info

  • Tax Block: 20
  • Tax Census Tract: 5315.04
  • Tax Lot: 8
  • Tax Tract Number: 419

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2023
Closed on
Nov 28, 2023
Sold by
Jorge Luis Romero Revocable Living Trust
Bought by
Alcantara Julian Raul Mondrag and De Los Santos
Seller's Agent
Laura Ruvalcaba
RE/MAX TOP PRODUCERS
Buyer's Agent
JAVIER RAMIREZ
RE/MAX INNOVATIONS
List Price
$680,000
Sold Price
$680,000
Views
4
Current Estimated Value
$823,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,874
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Nov 4, 2014
Sold by
Romero Jorge Luis
Bought by
Romero Jorge Luis and The Jorge Luis Romero Revocabl

Purchase Details

Closed on
Apr 17, 2012
Sold by
Romero Antonia
Bought by
Romero Jorge Luis
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
Alcantara Julian Raul Mondrag $680,000 Wfg National Title
Romero Jorge Luis -- None Available
Romero Jorge Luis -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2023 12/05/23 Sold $680,000 0.0% $382 / Sq Ft
12/01/2023 12/01/23 Pending -- -- --
12/01/2023 12/01/23 For Sale $680,000 -- $382 / 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 $9,397 $693,600 $510,000 $183,600
2024 $9,397 $680,000 $500,000 $180,000
2023 $2,040 $74,911 $27,603 $47,308
2022 $1,981 $73,443 $27,062 $46,381
2021 $1,951 $72,004 $26,532 $45,472
2020 $1,954 $71,266 $26,260 $45,006
2019 $1,912 $69,870 $25,746 $44,124
2018 $1,808 $68,501 $25,242 $43,259
2016 $1,730 $65,843 $24,263 $41,580
2015 $1,710 $64,855 $23,899 $40,956
2014 $1,719 $63,585 $23,431 $40,154
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23219522

California Regional Multiple Listing Service (CRMLS)

APN: 5247-008-010