NOT LISTED FOR SALE

514 S Arizona Ave Los Angeles, CA 90022

Estimated Value: $654,000 - $728,170

2 Beds
1 Bath
1,154 Sq Ft
$613/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $339,000 $294 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,275/month

14 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • James A. Garfield Senior High School Rated A

About This Home

As of May 2013

Attractive and amazing newly remodeled 2 detached homes in the great city of Los Angeles. Newer kitchens with granite counter tops, remodeled bathrooms with newer light fixtures and vanities, newer carpet in bedrooms and living room, newer tile in kitchens and bathrooms, newer windows on both homes, newer interior and exterior paint. Each home comes with a one car detached garage and plenty of driveway space. There is too much to mention, no small detail was overlooked so come and see they will WOW you!!!!!!!!

Last Agent to Sell the Property

Armando Perez

Excellence RE Real Estate, Inc. License #01352900 Listed on: 03/18/2013

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Alma Barmaki

Century 21 Allstars License #01155277

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,049

Year Built

  • Built in 1928

Lot Details

  • 5,050 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,154 Sq Ft Home
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 4190
  • Assessor Parcel Number 5248024041

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,049

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5248024041
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 293.76

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5050.00
  • Lot Size Acres: 0.1160

Multi Family

  • Lot Size Area: 5050.0000 Square Feet
  • 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: No

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 4190
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2013
Closed on
Apr 4, 2013
Sold by
Valencia Investments Llc
Bought by
Martinez Glenda Judith
Seller's Agent
Armando Perez
Excellence RE Real Estate, Inc.
Buyer's Agent
Alma Barmaki
Century 21 Allstars
List Price
$339,900
Sold Price
$339,000
Premium/Discount to List
-$900
-0.26%
Current Estimated Value
$707,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,793
Avg. Annual Appreciation
6.51%
Original Mortgage
$332,859
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 27, 2012
Closed on
Aug 20, 2012
Sold by
Selene Rmof Reo Acquisition Llc
Bought by
Valencia Investments Llc
Seller's Agent
Marie Fimbres
REO Modern Realty Corp
Buyer's Agent
Armando Perez
Excellence RE Real Estate, Inc.
List Price
$229,000
Sold Price
$181,000
Premium/Discount to List
-$48,000
-20.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
162.58%
Original Mortgage
$111,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2011
Sold by
Zavala Teresa
Bought by
Selene Rmof Reo Acquisition Llc

Purchase Details

Closed on
Dec 8, 2006
Sold by
Zavala Teresa
Bought by
Avila Jesse and Zavala Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 2005
Sold by
Zavala Teresa
Bought by
Zavala Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
10.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2005
Sold by
Zavala Delia
Bought by
Zavala Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
10.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2004
Sold by
Avila Jesse
Bought by
Zavala Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2004
Sold by
Roldan Ernestina and Roldan Gloria
Bought by
Zavala Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 1995
Sold by
Roldan Ernestina and Roldan Gloria
Bought by
Roldan Ernestina and Roldan Gloria
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
Martinez Glenda Judith $339,000 Lsi Title Company Ca
Valencia Investments Llc $181,001 Lsi Title Company
Selene Rmof Reo Acquisition Llc $174,300 Accommodation
Avila Jesse -- Multiple
Zavala Teresa -- Fidelity National Title
Zavala Teresa -- --
Zavala Teresa -- Ticor Title Company
Zavala Teresa $260,000 Ticor Title Company
Roldan Ernestina -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Glenda J $434,000
Closed Martinez Glenda Judith $378,000
Closed Martinez Glenda Judith $324,750
Closed Martinez Glenda Judith $332,859
Previous Owner Valencia Investments Llc $111,000
Previous Owner Avila Jesse $24,000
Previous Owner Zavala Teresa $326,000
Previous Owner Zavala Teresa $265,000
Previous Owner Zavala Teresa $17,725
Previous Owner Zavala Teresa $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2013 05/08/13 Sold $339,000 -0.3% $294 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
03/18/2013 03/18/13 For Sale $339,900 +87.8% $295 / Sq Ft
09/11/2012 09/11/12 Sold $181,000 -21.0% $157 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $229,000 -- $198 / 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 $6,049 $417,441 $184,707 $232,734
2024 $6,049 $409,257 $181,086 $228,171
2023 $5,780 $401,234 $177,536 $223,698
2022 $5,525 $393,367 $174,055 $219,312
2021 $5,462 $385,655 $170,643 $215,012
2020 $5,499 $381,702 $168,894 $212,808
2019 $5,303 $374,219 $165,583 $208,636
2018 $5,179 $366,883 $162,337 $204,546
2016 $4,967 $352,638 $156,034 $196,604
2015 $4,893 $347,342 $153,691 $193,651
2014 $4,894 $340,539 $150,681 $189,858
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13046111

California Regional Multiple Listing Service (CRMLS)

APN: 5248-024-041