Seller's Agent in 2015
Barry Knight
BMK Properties
(562) 424-0646
1 Total Sale
507 S Lorena St Los Angeles, CA 90063
Estimated Value: $610,622 - $778,000
5
Beds
3
Baths
2,276
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- City Lights View
- Victorian Architecture
- Laundry Room
- Felicitas and Gonzalo Mendez High Rated A-
- No HOA
- Outdoor Storage
About This Home
As of January 2015Huge price reduction! Unique opportunity to acquire a Large 1905 Victorian duplex in Boyle Heights. Units are in good condition and fully rented. Upstairs is a 2/1, downstairs is a 3/2 with one unpermitted bathroom. Both units have newer kitchens, lots of newer tile work in the bathrooms, and their own laundry rooms. Home has a wrap-around porch, a huge basement/work shop, and an extensive, terraced back yard. Exterior needs some work. 3 parking places. Property is approximately 15 minutes from Downtown Los Angeles.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,704
Year Built
- Built in 1905
Lot Details
- 5,750 Sq Ft Lot
- No Common Walls
- Block Wall Fence
- Chain Link Fence
Home Design
- Victorian Architecture
- Fixer Upper
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 2,276 Sq Ft Home
- 2-Story Property
- City Lights Views
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Parking Available
- Unassigned Parking
Outdoor Features
- Exterior Lighting
- Outdoor Storage
Additional Features
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tax Lot 19
- Tax Tract Number 2041
- Assessor Parcel Number 5186008004
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,800
- Insurance Expense $1,020
- Trash Expense $900
- Water Sewer Expense $1,200
- New Taxes Expense $6,900
- Gross Income $2,293
- Net Operating Income $26,493
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 24, 2015
Sold by
Amdiak Llc
Bought by
1619 La Canada Llc
Current Estimated Value
Purchase Details
Listed on
Jun 24, 2014
Closed on
Dec 1, 2014
Sold by
Goncharenko Eric
Bought by
Amdiak Llc
Seller's Agent
Barry Knight
BMK Properties
Buyer's Agent
Ken Shapiro
Silverwood Properties
List Price
$495,000
Sold Price
$301,500
Premium/Discount to List
-$193,500
-39.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$241,200
Interest Rate
3.87%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 26, 2003
Sold by
Goncharenko George
Bought by
Goncharenko George and Goncharenko Barbara L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
4.88%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Oct 10, 1997
Sold by
Goncharenko Susan
Bought by
Goncharenko George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
9%
Purchase Details
Closed on
Oct 2, 1997
Sold by
Goncharenko Barbara Lee
Bought by
Goncharenko George
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
9%
Purchase Details
Closed on
Dec 3, 1996
Sold by
Goncharenko George
Bought by
Goncharenko George and Goncharenko Barbara Lee
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 |
|---|---|---|---|
| 1619 La Canada Llc | $301,500 | None Available | |
| Amdiak Llc | $301,500 | Ticor Title Company | |
| Goncharenko George | -- | Stewart Title Of Ca Inc | |
| Goncharenko George | -- | Fidelity National Title | |
| Goncharenko George | -- | Fidelity National Title | |
| Goncharenko George | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Amdiak Llc | $241,200 | |
| Previous Owner | Amdiak Llc | $241,200 | |
| Previous Owner | Goncharenko George | $50,000 | |
| Previous Owner | Goncharenko George | $132,500 | |
| Previous Owner | Goncharenko George | $140,000 | |
| Previous Owner | Goncharenko George | $138,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/14/2015 01/14/15 | Sold | $301,500 | -39.1% | $132 / Sq Ft |
| 11/04/2014 11/04/14 | Pending | -- | -- | -- |
| 06/24/2014 06/24/14 | For Sale | $495,000 | -- | $217 / 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 | $3,704 | $295,947 | $295,947 | -- |
| 2024 | $3,704 | $290,145 | $290,145 | -- |
| 2023 | $3,635 | $284,456 | $284,456 | $0 |
| 2022 | $3,469 | $278,879 | $278,879 | $0 |
| 2021 | $3,432 | $273,411 | $273,411 | $0 |
| 2019 | $6,040 | $482,849 | $265,302 | $217,547 |
| 2018 | $5,932 | $473,382 | $260,100 | $213,282 |
| 2016 | $5,656 | $455,000 | $250,000 | $205,000 |
| 2015 | $3,698 | $290,694 | $203,996 | $86,698 |
| 2014 | -- | $134,396 | $68,072 | $66,324 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2015
Ken Shapiro
Silverwood Properties
(805) 415-8602
2 in this area
52 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW14133372
APN: 5186-008-004
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