Seller's Agent in 2016
Jennifer Avellan
Keller Williams SELA
(310) 346-7851
11 in this area
169 Total Sales
488 Margaret Ave Los Angeles, CA 90022
Estimated Value: $739,000 - $829,000
6
Beds
2
Baths
1,625
Sq Ft
$489/Sq Ft
Est. Value
Highlights
- Private Yard
- No HOA
- Tile Flooring
- James A. Garfield Senior High School Rated A
- Cooling Available
- Rectangular Lot
About This Home
As of June 20162 DETACHED homes on a lot located in the Unincorporated portion of Los Angeles/Montebello Adjacent community = NO RENT CONTROL!!! Own an excellent investment opportunity in an up & coming neighborhood or live in one & rent the other! Each 3 bedroom home has been tastefully remodeled. New laminate flooring throughout the living rooms, dining areas & bedrooms. Tiled floors in kitchens & bathrooms. All new cabinetry in kitchens as well vanities in bathrooms. All new light fixtures throughout. Long driveway so plenty of parking spaces. Spacious front & rear yards! Each unit w/its own private area for weekend BBQs! Excellent location! Walking distance to public transportation! Arrive to the Metro Gold line Atlantic Station in a little over a 10 minute walk. A short walk takes you to the 762, 18, 260 & 720 Metro Bus Lines as well as to a plethora of shops, restaurants & business off of Beverly & Whittier Blvds. This homes location has earned a Walk Score® of 74! This opportunity will not last! Title shows a total of 4 bedrooms but physically has a total of 6 bedrooms. Buyer & selling agent to complete their own due diligence & confirm property info incl square feet, bedroom/bath count & all other info. This opportunity WILL NOT LAST!
Last Agent to Sell the Property
Keller Williams SELA License #01468000 Listed on: 04/12/2016
Last Buyer's Agent
Mishelle Leblanc
Odyssey Realty Group License #01904987
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,377
Year Built
- Built in 1924
Lot Details
- 5,142 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Private Yard
Home Design
- 1,625 Sq Ft Home
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Driveway
- Paved Parking
Outdoor Features
- Exterior Lighting
Utilities
- Cooling Available
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 339
- Tax Tract Number 7193
- Assessor Parcel Number 6341012016
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 12, 2016
Closed on
May 9, 2016
Sold by
Royalty 26 Inc
Bought by
Arias Xiomara N and Gonzalez Christian J
Seller's Agent
Jennifer Avellan
Keller Williams SELA
Buyer's Agent
Mishelle Leblanc
Odyssey Realty Group
List Price
$524,900
Sold Price
$515,000
Premium/Discount to List
-$9,900
-1.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,206
Avg. Annual Appreciation
4.58%
Original Mortgage
$505,672
Outstanding Balance
$403,809
Interest Rate
3.59%
Mortgage Type
FHA
Estimated Equity
$373,829
Purchase Details
Closed on
May 22, 2015
Sold by
Aranda Angela and Estate Of Guillermo Zamora Bue
Bought by
Royalty 26 Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arias Xiomara N | $515,000 | Ticor Title Co | |
| Royalty 26 Inc | $335,000 | Ticor Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arias Xiomara N | $13,402 | |
| Open | Arias Xiomara N | $505,672 | |
| Previous Owner | Royalty 26 Inc | $240,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/07/2016 06/07/16 | Sold | $515,000 | -1.9% | $317 / Sq Ft |
| 04/11/2016 04/11/16 | Pending | -- | -- | -- |
| 02/13/2016 02/13/16 | For Sale | $524,900 | +52.1% | $323 / Sq Ft |
| 10/09/2015 10/09/15 | Sold | $345,000 | -13.8% | $225 / Sq Ft |
| 04/03/2015 04/03/15 | Pending | -- | -- | -- |
| 03/06/2015 03/06/15 | For Sale | $400,000 | -- | $261 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,377 | $609,648 | $355,136 | $254,512 |
| 2024 | $8,377 | $597,695 | $348,173 | $249,522 |
| 2023 | $8,068 | $585,977 | $341,347 | $244,630 |
| 2022 | $7,697 | $574,488 | $334,654 | $239,834 |
| 2021 | $7,611 | $563,225 | $328,093 | $235,132 |
| 2020 | $7,668 | $557,451 | $324,729 | $232,722 |
| 2019 | $7,382 | $546,521 | $318,362 | $228,159 |
| 2018 | $7,265 | $535,806 | $312,120 | $223,686 |
| 2016 | $4,859 | $335,000 | $200,000 | $135,000 |
| 2015 | $4,937 | $342,712 | $224,395 | $118,317 |
| 2014 | $2,343 | $124,893 | $68,691 | $56,202 |
Source: Public Records
Agents Affiliated with this Home
-
Jennifer Avellan
-
M
Buyer's Agent in 2016
Mishelle Leblanc
Odyssey Realty Group
-
Jasmin Duran
Seller's Agent in 2015
Jasmin Duran
Keller Williams Coastal Prop
(562) 405-9862
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB16030599
APN: 6341-012-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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