NOT LISTED FOR SALE

Estimated Value: $1,124,000 - $1,475,000

4 Beds
2 Baths
1,930 Sq Ft
$675/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $810,000 $420 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,755/month

12 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Tray Ceiling
  • Traditional Architecture
  • No HOA
  • Living Room

About This Home

As of September 2017

Beautiful side-by-side remodeled duplex located in a prime Mid City LA area! Each unit has 2 beds + 1 bath and shares a huge fenced in backyard and private detached garage with a door and space for each unit. Both kitchens have been upgraded with new shaker style cabinets, quartz countertops, and custom backsplashes. Lots of large windows brighten up both units with tons of natural light. Additionally, each unit has its own convenient laundry area off the kitchen. Ideal for collecting income, either from both units or just one and living in the other yourself; this one is a home run! Close to public transit and lots of stores along Washington Blvd and Midtown Shopping Center, a short distance to USC and downtown LA, plus easy 10 freeway access! Stop by and see this one today, because a multi-unit property in this area will be gone in an instant! Vouchers for range, dishwasher, and hood to be issued for one unit at close of escrow.

Last Agent to Sell the Property

Polly Watts

Sundae Homes License #00895696 Listed on: 07/28/2017

Last Buyer's Agent

Soraya Esmaili

Keller Williams Luxury License #01456647

Keller Williams Luxury

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,256

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 7,700 Sq Ft Lot
  • Lot Dimensions are 55 x 140
  • No Common Walls
  • South Facing Home
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Rectangular Lot
  • Front Yard Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway
  • RV Potential

Home Design

  • Duplex
  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Living Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Location

  • Property is near public transit

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 937
  • Tax Tract Number 1566
  • Assessor Parcel Number 5062007007

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,256

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARD2
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5062007007
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Tray Ceiling(s), Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 419.69
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, RV Potential
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Rectangular Lot, Near Public Transit, Sprinkler System, Sprinklers In Front, Yard
  • Lot Size: 55 x 140
  • Lot Size Sq Ft: 7700.00

Multi Family

  • Gross Scheduled Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2185.00
  • Tax Lot: 937
  • Tax Tract Number: 1566

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Sep 14, 2017
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Shelton Kali A
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Soraya Esmaili
Keller Williams Luxury
List Price
$799,900
Sold Price
$810,000
Premium/Discount to List
$10,100
1.26%
Current Estimated Value
$1,302,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,283
Avg. Annual Appreciation
6.02%
Original Mortgage
$780,000
Outstanding Balance
$657,385
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$644,898

Purchase Details

Closed on
Oct 18, 2016
Sold by
Patriot Holdings Llc
Bought by
Breckenridge Property Fund 2016 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,960
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 23, 2016
Sold by
Anderson Agnes
Bought by
Patriot Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,960
Interest Rate
3.45%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 27, 2011
Sold by
Tillman Walter R
Bought by
Tillman Walter R and Walter R Tillman Separate Property Tr
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
Shelton Kali A $810,000 Fidelity National Title Co
Breckenridge Property Fund 2016 Llc $528,000 Orange Coast Title
Patriot Holdings Llc $456,500 Consumers Title Co
Tillman Walter R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelton Kali A $780,000
Previous Owner Patriot Holdings Llc $364,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2017 09/15/17 Sold $810,000 +1.3% $420 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $799,900 -- $414 / 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 $11,256 $921,638 $887,505 $34,133
2024 $11,256 $903,567 $870,103 $33,464
2023 $11,045 $885,851 $853,043 $32,808
2022 $10,543 $868,482 $836,317 $32,165
2021 $10,409 $851,454 $819,919 $31,535
2019 $10,102 $826,200 $795,600 $30,600
2018 $9,943 $810,000 $780,000 $30,000
2016 $4,180 $324,676 $216,451 $108,225
2015 $4,122 $319,800 $213,200 $106,600
2014 $4,150 $313,536 $209,024 $104,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17171305

California Regional Multiple Listing Service (CRMLS)

APN: 5062-007-007