$410,000
SOLD MAR 3, 2016
3 Beds
2 Baths
1,790 Sq Ft
6,743 Sq Ft Lot

Recently Sold

$229 Per Sq Ft

37% Above List Price

91 Days on Market

Highlights

  • Property is near public transit
  • Spanish Architecture
  • Laundry Room
  • Wood Flooring
  • Living Room
  • 1-minute walk to Angeles Mesa Park

About This Home

As of September 2016

****Offer Accepted. Probate hearing Date and time are set for January 8, 2016 at 8:30 am Los Angeles Superior Court 111 N. Hill St. Department 11. Probate Case Number BP156892. First overbid amount is $341,750....Must bring cashier’s check for at least 10% of your bid amount payable to Nettie Becker Escrow. Great duplex fixer opportunity for investor or owner user who wants to live in one unit and rent out the other. Public records shows duplex with total of 3 bedrooms but appears to be 4 bedrooms. Buyer must do their own investigation of the property including but not limited to the zoning, number of rooms, and overall condition. Garage in rear of property in poor structural condition. Expenses are not complete and are only an estimate buyer to do their own investigation. This property is being sold "AS-IS". No wood destroying pest or organism work or any repairs shall be done by the estate.

Last Agent to Sell the Property

Steven Weinberg

Citadel Ventures, Inc. License #00857322 Listed on: 10/09/2015

Last Buyer's Agent

Paloma Torres

Towers Realty License #01788093

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,980

Year Built

  • Built in 1924

Lot Details

  • 6,743 Sq Ft Lot
  • Lot Dimensions are 50x135
  • 1 Common Wall
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Property Attached
  • Fixer Upper
  • Stucco

Interior Spaces

  • 1,790 Sq Ft Home
  • Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 4112
  • Assessor Parcel Number 5014010002

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $980
  • Trash Expense $1,800
  • Water Sewer Expense $1,200
  • New Taxes Expense $3,738

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,980

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5014010002
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 229.05
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, On Site
  • Total Parking Spaces: 9.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Stackable
  • Trash Expense: 1800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Lot 6500-9999, Paved, Near Public Transit
  • Lot Size: 50x135
  • Lot Size Sq Ft: 6743.00
  • Price Per Lot Square Foot: 60.80
  • Lot Size Acres: 0.1550

Multi Family

  • Insurance Expense: 980.00
  • Lot Size Area: 6743.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8318.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3738.00
  • Tax Lot: 2
  • Tax Tract Number: 4112

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2016
Closed on
Aug 25, 2016
Sold by
Raser Kevin
Bought by
4027 Abourne Road
Seller's Agent
Emmett Dalton
Dalton Real Estate
List Price
$375,000
Sold Price
$410,000
Premium/Discount to List
$35,000
9.33%
Current Estimated Value
$811,906

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,906
Avg. Annual Appreciation
7.76%

Purchase Details

Listed on
Oct 9, 2015
Closed on
Feb 1, 2016
Sold by
Leon Henry A
Bought by
Raser Kevin
Seller's Agent
Steven Weinberg
Citadel Ventures, Inc.
Buyer's Agent
Paloma Torres
Towers Realty
List Price
$299,000
Sold Price
$410,000
Premium/Discount to List
$111,000
37.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$310,000
Interest Rate
3.81%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $410,000 Fidelity National Title Co
Grant Deed $410,000 Progressive Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $310,000 New Conventional
Previous Owner $40,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $410,000 +9.3% $229 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
07/29/2016 07/29/16 For Sale $375,000 -8.5% $209 / Sq Ft
03/03/2016 03/03/16 Sold $410,000 +37.1% $229 / Sq Ft
01/08/2016 01/08/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $299,000 -- $167 / 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 $5,980 $475,834 $301,749 $174,085
2024 $5,980 $466,505 $295,833 $170,672
2023 $5,872 $457,359 $290,033 $167,326
2022 $5,612 $448,393 $284,347 $164,046
2021 $5,535 $439,602 $278,772 $160,830
2019 $5,376 $426,564 $270,504 $156,060
2018 $5,255 $418,200 $265,200 $153,000
2016 $4,485 $357,258 $285,807 $71,451
2015 $4,421 $90,496 $47,096 $43,400
2014 $1,241 $88,724 $46,174 $42,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15222242

California Regional Multiple Listing Service (CRMLS)

APN: 5014-010-002