NOT LISTED FOR SALE

512 Margaret Ave Los Angeles, CA 90022

Estimated Value: $802,918 - $890,000

4 Beds
2 Baths
1,556 Sq Ft
$537/Sq Ft Est. Value

Last Sold December 31, 2013

Last sale price $399,900 $257 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $5,230/month

Highlights

  • No HOA
  • James A. Garfield Senior High School Rated A
  • Floor Furnace

About This Home

As of December 2013

Residential income. Each unit features 2 bedrooms 1 bath. Back unit is tenant occupied. Property is in a clean block East of Atlantic Blvd. Great location close to all amenities. Great for 2 families.

Last Agent to Sell the Property

Silvia Morote

Mega Real Estate License #01213839 Listed on: 10/02/2013

Last Buyer's Agent

Rafael Galvez

EXCELLENCE RE REAL ESTATE License #01270002

EXCELLENCE RE REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,814

Year Built

  • Built in 1926

Lot Details

  • 5,144 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Carport Spaces

Interior Spaces

  • 1,556 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 345
  • Tax Tract Number 7193
  • Assessor Parcel Number 6341019004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • Trash Expense $60
  • New Taxes Expense $5,860
  • Gross Income $15,600
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,814

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6341019004
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 257.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Floor Furnace
  • Trash Expense: 60.00

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5144.00
  • Lot Size Acres: 0.1180

Multi Family

  • Gross Income: 15600.00
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5144.0000 Square Feet
  • Net Operating Income: 15600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1300.00

Tax Info

  • New Taxes Expense: 5860.00
  • Tax Lot: 345
  • Tax Tract Number: 7193
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Barrios Joel and Barrios Joel
Bought by
Barrios Joel and Barrios Adriana
Current Estimated Value
$836,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,300
Outstanding Balance
$325,804
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$510,426

Purchase Details

Closed on
Aug 18, 2019
Sold by
Garcia Orlando
Bought by
Barrios Joel

Purchase Details

Listed on
Oct 2, 2013
Closed on
Dec 26, 2013
Sold by
Ramirez Margarito Velez
Bought by
Barrios Joel and Garcia Orlando
Seller's Agent
Silvia Morote
Mega Real Estate
Buyer's Agent
Rafael Galvez
EXCELLENCE RE REAL ESTATE
List Price
$410,000
Sold Price
$399,900
Premium/Discount to List
-$10,100
-2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$367,317
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 2008
Sold by
Avila Margaret D
Bought by
Avila Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,100
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2008
Sold by
Avila Richard and Avila Anthony
Bought by
Ramirez Margarito Velez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,100
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Barrios Joel -- Wfg National Title Co Of Ca
Barrios Joel -- None Available
Barrios Joel $380,000 Usa National Title Company
Avila Anthony -- Chicago Title Company
Ramirez Margarito Velez $399,000 Chicago Title Company
Avila Richard -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrios Joel $366,300
Previous Owner Barrios Joel $367,317
Previous Owner Ramirez Margarito Velez $359,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2013 12/31/13 Sold $399,900 -2.5% $257 / Sq Ft
10/02/2013 10/02/13 For Sale $410,000 -- $263 / Sq Ft
01/12/2013 01/12/13 Pending -- -- --
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 $7,814 $558,809 $368,651 $190,158
2024 $7,814 $547,853 $361,423 $186,430
2023 $7,516 $537,112 $354,337 $182,775
2022 $7,175 $526,582 $347,390 $179,192
2021 $7,093 $516,258 $340,579 $175,679
2020 $5,973 $425,934 $224,176 $201,758
2019 $5,757 $417,583 $219,781 $197,802
2018 $5,625 $409,396 $215,472 $193,924
2016 $5,386 $393,501 $207,106 $186,395
2015 $5,304 $387,592 $203,996 $183,596
2014 $5,852 $419,144 $315,147 $103,997
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Silvia Morote

    Mega Real Estate

    (562) 307-1815

    29 Total Sales

    Section Image
  • Rafael Galvez

    Buyer's Agent in 2013

    Rafael Galvez

    EXCELLENCE RE REAL ESTATE

    (323) 216-1673

    15 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13201653

California Regional Multiple Listing Service (CRMLS)

APN: 6341-019-004

California Los Angeles County Los Angeles 90022

512 Margaret Ave, Los Angeles, CA

This home is located at 512 Margaret Ave, Los Angeles, CA 90022 since 02 October 2013 and is currently estimated at $836,230, approximately $537 per square foot. This property was built in 1926. 512 Margaret Ave is a home located in Los Angeles County with nearby schools including Fourth Street Primary Center, Fourth Street Elementary School, and David Wark Griffith Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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