NOT LISTED FOR SALE

Estimated Value: $803,000 - $918,000

2 Beds
1 Bath
996 Sq Ft
$862/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $560,000 $562 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,114/month

40 Days on Market

Highlights

  • City Lights View
  • Property is near public transit
  • No HOA
  • Abraham Lincoln High School Rated A
  • Sun or Florida Room
  • 2 Car Attached Garage

About This Home

As of January 2020

***EXCELLENT INVESTOR OPPORTUNITY*** MOTIVATED SELLER LOOKING FOR QUICK SALE. This property offers much potential with the right renovation plans to update this two bedroom, one bath home. The property lot extends along the hillside giving you numerous landscape and entertainment options. Bring your contractor for endless renovation ideas. Centrally located in El Sereno, just minutes from Cal State Los Angeles, USC Keck School of Medicine-Health Sciences campus and Downtown Los Angeles. Near public transportation and walking distance to nearby schools. Sold in as-is condition.

Last Agent to Sell the Property

Eddie Dominguez

Eddie Dominguez, Broker License #01006577 Listed on: 11/07/2019

Co-Listed By

Blanca Valle

Eddie Dominguez, Broker License #02102583

Last Buyer's Agent

Jerry Sun

RE/MAX Premier Properties License #01338788

RE/MAX Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,433

Year Built

  • Built in 1940

Lot Details

  • 4,929 Sq Ft Lot
  • South Facing Home
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Property Views

  • City Lights
  • Hills

Home Design

  • Fixer Upper

Interior Spaces

  • 996 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Sun or Florida Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Property is near public transit
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 417
  • Tax Tract Number 6900
  • Assessor Parcel Number 5216017010

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,433

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5216017010
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 996.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 562.25
  • Room Type: Family Room, Kitchen, Laundry, Sun

Exterior Features

  • Direction Faces: South
  • View: City Lights, Hills
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 4929.00
  • Lot Size Acres: 0.1132

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4929.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2016.01
  • Tax Lot: 417
  • Tax Tract Number: 6900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Jan 17, 2020
Sold by
Luna Hernandez Veronica and Hernandez Ramon
Bought by
Chen Cliff Chi Tsun and Lin Shuping
Seller's Agent
Eddie Dominguez
Eddie Dominguez, Broker
Buyer's Agent
Jerry Sun
RE/MAX Premier Properties
List Price
$575,000
Sold Price
$560,000
Premium/Discount to List
-$15,000
-2.61%
Current Estimated Value
$858,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,607
Avg. Annual Appreciation
7.72%
Original Mortgage
$448,000
Outstanding Balance
$396,587
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$462,020

Purchase Details

Closed on
May 17, 2013
Sold by
Hernandez Ramon and Luna Hernandez Veronica
Bought by
Luna Hernandez Veronica and Hernandez Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,062
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 24, 2003
Sold by
Hernandez Virginia
Bought by
Hernandez Ramon and Hernandez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,670
Interest Rate
5.29%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1999
Sold by
Ruiz Gilbert R and Ruiz Acela
Bought by
Hernandez Ramon and Hernandez Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,715
Interest Rate
6.92%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Chen Cliff Chi Tsun $560,000 Chicago Title Company
Luna Hernandez Veronica -- Chicago Title Company
Hernandez Ramon -- Investors Title Company
Hernandez Ramon $145,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Cliff Chi Tsun $448,000
Previous Owner Luna Hernandez Veronica $178,062
Previous Owner Hernandez Ramon $167,670
Previous Owner Hernandez Ramon $143,715
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $560,000 -2.6% $562 / Sq Ft
12/17/2019 12/17/19 Pending -- -- --
11/07/2019 11/07/19 For Sale $575,000 -- $577 / 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 $7,433 $612,436 $489,950 $122,486
2024 $7,433 $600,429 $480,344 $120,085
2023 $7,290 $588,657 $470,926 $117,731
2022 $6,951 $577,116 $461,693 $115,423
2021 $6,866 $565,801 $452,641 $113,160
2020 $3,150 $244,583 $162,939 $81,644
2019 $3,030 $239,789 $159,745 $80,044
2018 $2,988 $235,088 $156,613 $78,475
2016 $2,851 $225,962 $150,533 $75,429
2015 $2,811 $222,568 $148,272 $74,296
2014 $2,828 $218,209 $145,368 $72,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19260620

California Regional Multiple Listing Service (CRMLS)

APN: 5216-017-010