NOT LISTED FOR SALE

Estimated Value: $1,481,507 - $1,802,000

5 Beds
5 Baths
2,305 Sq Ft
$689/Sq Ft Est. Value

Last Sold January 25, 2021

Last sale price $1,071,000 $465 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $9,826/month

16 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Granite Countertops
  • Braddock Drive Elementary School Rated A-
  • Property is near public transit
  • No HOA

About This Home

As of January 2021

Live Auction! Bidding to start from $750,000! Traditional non-distressed, property. Cash or finance ok! Seller will entertain
offers prior to auction date. Only 2% Buyer Premium. Trust Sale with full Authority by Trustees (NO CONFIRMATION REQIUIRED). Remodeled 2 Story Duplex includes 3 Bed, 3 Bath unit upstairs and a 2 Bed, 2 Bath unit Downstairs. Central A/C, Dual Pane Windows, Spanish Ceramic Tile throughout. Perfect opportunity for Owner occupancy or investment (Student Housing). The property is very to close to Loyola Marymount University, Goethe International Charter School, Marina Del Rey Middle School and Braddock Elementary. With nearby Public transport, Restaurants, Coffee Shops, and Beaches, this is great property. Make your move today...

Last Agent to Sell the Property

Coral Romero

Good Opportunity Company Inc. License #01914785 Listed on: 12/02/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,030

Year Built

  • Built in 1953

Lot Details

  • 3,050 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers
  • Garden
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 2,305 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Recessed Lighting
  • Living Room
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Source of electricity is unknown
  • Water Heater

Listing and Financial Details

  • Tax Lot 123
  • Tax Tract Number 7428
  • Assessor Parcel Number 4221006025

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,560
  • Fuel Expense $1,320
  • Insurance Expense $1,200
  • Trash Expense $975
  • Water Sewer Expense $1,365
  • New Taxes Expense $14,890
  • Operating Expense $21,310
  • Gross Income $69,000
  • Net Operating Income $47,690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,030

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1365.00
  • Zoning: LAR3
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 4221006025
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, Granite Counters, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 464.64
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Exterior Features: Lighting, Rain Gutters
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Refrigerator, Water Heater
  • Electric: Electricity - Unknown
  • Heating Type: Central
  • Laundry Features: Community, In Garage, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 975.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Garden, Near Public Transit, Sprinklers In Front, Walkstreet
  • Lot Size Sq Ft: 3050.00
  • Lot Size Acres: 0.0700

Multi Family

  • Average2 Bed Area: 1100 Square Feet
  • Average3 Bed Area: 1205 Square Feet
  • Electric Expense: 1560.00
  • Fuel Expense: 1320.00
  • Gross Income: 69000.00
  • Gross Scheduled Income: 69000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 3050.0000 Square Feet
  • Net Operating Income: 47690.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 21310.00
  • Rent Control: Yes
  • Total Actual Rent: 52104.00
  • Total Expenses: 21310.00

Tax Info

  • New Taxes Expense: 14890.00
  • Tax Census Tract: 2753.11
  • Tax Lot: 123
  • Tax Tract Number: 7428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2020
Closed on
Jan 15, 2021
Sold by
Pinzon Jovanny and Loder Albert G
Bought by
Fang Jerry and Fang Monica
Seller's Agent
Coral Romero
Good Opportunity Company Inc.
List Price
$750,000
Sold Price
$1,071,000
Premium/Discount to List
$321,000
42.8%
Current Estimated Value
$1,588,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$517,877
Avg. Annual Appreciation
8.48%
Original Mortgage
$910,350
Outstanding Balance
$816,202
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$740,098

Purchase Details

Closed on
Sep 9, 2015
Sold by
Rubio Amparo G
Bought by
Rubio Amparo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,050
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 26, 2007
Sold by
Rubio Amparo G
Bought by
Rubio Amparo G and Amparo G Rubio Revocable Living Trust

Purchase Details

Closed on
Apr 12, 2007
Sold by
Rubio Amparo G
Bought by
Rubio Amparo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 1999
Sold by
Carrillo Mario
Bought by
Rubio Amparo G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.73%
Mortgage Type
Unknown
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
Fang Jerry $1,071,000 Pacific Coast Title Company
Rubio Amparo G -- First American Title Ins Co
Rubio Amparo G -- None Available
Rubio Amparo G -- Alliance Title Company
Rubio Amparo G -- American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fang Jerry $910,350
Previous Owner Rubio Amparo G $47,050
Previous Owner Rubio Amparo G $530,000
Previous Owner Rubio Amparo G $239,700
Previous Owner Rubio Amparo G $144,500
Previous Owner Rubio Amparo G $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2021 01/25/21 Sold $1,071,000 0.0% $465 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/18/2020 12/18/20 Off Market $1,071,000 -- --
12/02/2020 12/02/20 For Sale $750,000 -- $325 / 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 $14,030 $1,159,283 $974,188 $185,095
2024 $14,030 $1,136,553 $955,087 $181,466
2023 $13,759 $1,114,268 $936,360 $177,908
2022 $13,117 $1,092,420 $918,000 $174,420
2021 $7,262 $594,300 $296,599 $297,701
2020 $7,225 $588,207 $293,558 $294,649
2019 $6,940 $576,674 $287,802 $288,872
2018 $6,880 $565,367 $282,159 $283,208
2016 $6,560 $543,414 $271,203 $272,211
2015 $6,464 $535,253 $267,130 $268,123
2014 $6,489 $524,769 $261,898 $262,871
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20250008

California Regional Multiple Listing Service (CRMLS)

APN: 4221-006-025