NOT LISTED FOR SALE

515 N Rowan Ave Los Angeles, CA 90063

Estimated Value: $652,000 - $931,000

3 Beds
2 Baths
1,352 Sq Ft
$585/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $290,000 $214 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $4,649/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • James A. Garfield Senior High School Rated A
  • No Heating

About This Home

As of June 2012

***STANDARD SALE*** Not a short sale. Not owned by the bank. This is a recently upgraded 2 unit income property. Live in one unit, rent out the other. Located in a hilly neighborhood of East Los Angeles. No rent control. Terrific views out to the south of the property over the great expanse of Los Angeles. New paint, inside and out. New beautiful windows and there`s plenty of them. New wood floors, new granite counters in both kitchens, new fixtures and tile in bathrooms. A lot of time and money has made this space an awesome place to live and to enjoy quality time with your family. Real garage at the end of a long driveway to park your car!

Last Agent to Sell the Property

Todd Lewis

Yukon Realty License #01472031 Listed on: 04/19/2012

Last Buyer's Agent

Jorge Vargas

Jorge Vargas License #01526012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,583

Year Built

  • Built in 1914

Lot Details

  • 7,648

Parking

  • 1 Car Garage

Home Design

  • 1,352 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Additional Features

  • 7,648 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Block E
  • Assessor Parcel Number 5232005017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $3,238
  • Gross Income $2,400
  • Net Operating Income $25,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,583

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • CapRate: 8.81
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 5232005017
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 214.50

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7648.00
  • Lot Size Acres: 0.1760

Multi Family

  • Gross Income: 2400.00
  • Gross Multiplier: 10.07
  • Gross Scheduled Income: 28800.00
  • Lot Size Area: 7648.0000 Square Feet
  • Net Operating Income: 25562.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 3238.00

Tax Info

  • New Taxes Expense: 3238.00
  • Tax Area: 932
  • Tax Block: E
  • Tax Lot: 0.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 15, 2020
Sold by
Campos Bernardina
Bought by
Campos Rigoberto
Current Estimated Value
$791,514

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,000
Outstanding Balance
$248,230
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$543,285

Purchase Details

Closed on
Jun 4, 2015
Sold by
Campos Rigoberto
Bought by
Campos Rigoberto and Campos Bernardina

Purchase Details

Listed on
Apr 19, 2012
Closed on
Jun 5, 2012
Sold by
Campos Bernardina
Bought by
Campos Rigoberto
Seller's Agent
Todd Lewis
Yukon Realty
Buyer's Agent
Jorge Vargas
Jorge Vargas
List Price
$259,000
Sold Price
$290,000
Premium/Discount to List
$31,000
11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%
Original Mortgage
$284,747
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 19, 2012
Closed on
May 2, 2012
Sold by
Elre Holdings Llc
Bought by
Campos Rigoberto
Seller's Agent
Todd Lewis
Yukon Realty
Buyer's Agent
Jorge Vargas
Jorge Vargas
List Price
$259,000
Sold Price
$290,000
Premium/Discount to List
$31,000
11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,747
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2011
Sold by
Gomez Guilebaldo
Bought by
Elre Holdings Llc

Purchase Details

Closed on
Mar 20, 2008
Sold by
Palma Abigail
Bought by
Gomez Guilebaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2006
Sold by
Gomez Guilebaldo and Gomez Guilebaldo G
Bought by
Gomez Guilebaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Lopez Estevan and Gomez Abigail
Bought by
Gomez Guilebaldo G

Purchase Details

Closed on
May 2, 2002
Sold by
Hud
Bought by
Lopez Estevan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,550
Interest Rate
6.74%

Purchase Details

Closed on
Sep 14, 2001
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Mar 14, 2000
Sold by
Zuniga Efrain
Bought by
Zuniga Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.21%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 27, 1997
Sold by
Lorenzana Edwin
Bought by
Zuniga Jesus and Zuniga Efrain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,569
Interest Rate
8.13%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 1996
Sold by
Federal National Mortgage Association
Bought by
Lorenzana Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
7.74%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 24, 1996
Sold by
Sanchez Roberto and Sanchez Gloria
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 31, 1995
Sold by
Sanchez Roberto and Mejia Gloria
Bought by
Sanchez Roberto and Sanchez Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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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
Campos Rigoberto -- Wfg National Title Company
Campos Rigoberto -- None Available
Campos Rigoberto -- Ticor Title Company
Campos Rigoberto $290,000 Ticor Title Company
Elre Holdings Llc -- None Available
Gomez Guilebaldo -- Southland Title Corporation
Gomez Guilebaldo -- Diversified Title & Escrow S
Gomez Guilebaldo G -- --
Lopez Estevan $215,000 Stewart Title
Hud -- --
First Nationwide Mtg Corp $185,609 --
Zuniga Jesus -- Fidelity National Title Ins
Zuniga Jesus $178,000 American Title Ins Co
Lorenzana Edwin $108,000 American Title Co
Federal National Mortgage Association $110,000 Landsafe Title
Sanchez Roberto -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Rigoberto $309,000
Closed Campos Rigoberto $284,747
Previous Owner Gomez Guilebaldo $292,000
Previous Owner Gomez Guilebaldo $201,000
Previous Owner Lopez Estevan $208,550
Previous Owner Zuniga Jesus $10,000
Previous Owner Zuniga Jesus $173,569
Previous Owner Lorenzana Edwin $91,800
Previous Owner Sanchez Roberto $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2012 06/15/12 Sold $290,000 +12.0% $214 / Sq Ft
05/02/2012 05/02/12 Pending -- -- --
04/19/2012 04/19/12 For Sale $259,000 -- $192 / 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 $5,583 $364,243 $314,008 $50,235
2024 $5,583 $357,101 $307,851 $49,250
2023 $5,326 $350,100 $301,815 $48,285
2022 $5,099 $343,237 $295,898 $47,339
2021 $5,041 $336,508 $290,097 $46,411
2020 $5,074 $333,059 $287,123 $45,936
2019 $4,900 $326,530 $281,494 $45,036
2018 $4,736 $320,128 $275,975 $44,153
2016 $4,544 $307,699 $265,259 $42,440
2015 $4,478 $303,078 $261,275 $41,803
2014 $4,483 $297,142 $256,157 $40,985
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P819191

California Regional Multiple Listing Service (CRMLS)

APN: 5232-005-017