NOT LISTED FOR SALE

Estimated Value: $693,000 - $895,000

4 Beds
2 Baths
1,588 Sq Ft
$490/Sq Ft Est. Value

Last Sold January 16, 2019

Last sale price $485,000 $305 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,600/month

67 Days on Market

About This Home

As of January 2019

GREAT INVESTOR UNITS, 2 SEPARATE HOMES,,, CLOSE TO USC. CLOSE TO DOWNTOWN LA. DRIVE BY, OFFER SUBJECT TO INSPECTION. LONG TERM TENANTS. PROPERTY IN GOOD CONDITION. Both units are occupied.

Last Agent to Sell the Property

Richard Montano

REALTY WORLD CALIFORNIA PROPERTIES License #00878810 Listed on: 09/14/2018

Last Buyer's Agent

Joanne Kim

Dream Realty & Investments Inc License #01505262

Dream Realty & Investments Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 5,000 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,588 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 120
  • Assessor Parcel Number 5120020005

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • New Taxes Expense $5,775
  • Gross Income $26,400
  • Net Operating Income $25,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5120020005
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 305.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5000.00
  • Lot Size Acres: 0.1148

Multi Family

  • Average1 Bed Area: 582 Square Feet
  • Average3 Bed Area: 1006 Square Feet
  • Gross Income: 26400.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5000.0000 Square Feet
  • Net Operating Income: 25200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 5775.00
  • Tax Census Tract: 2267.00
  • Tax Lot: 120
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2018
Closed on
Jan 11, 2019
Sold by
Zaldivar Roberto
Bought by
Mendez Adrian
Seller's Agent
Richard Montano
REALTY WORLD CALIFORNIA PROPERTIES
Buyer's Agent
Joanne Kim
Dream Realty & Investments Inc
List Price
$487,000
Sold Price
$485,000
Premium/Discount to List
-$2,000
-0.41%
Current Estimated Value
$778,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,706
Avg. Annual Appreciation
6.91%
Original Mortgage
$476,215
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 14, 2018
Closed on
Jan 8, 2019
Sold by
Kim Joanne Yangsook
Bought by
Sun Lee Yong
Seller's Agent
Richard Montano
REALTY WORLD CALIFORNIA PROPERTIES
Buyer's Agent
Joanne Kim
Dream Realty & Investments Inc
List Price
$487,000
Sold Price
$485,000
Premium/Discount to List
-$2,000
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,215
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 14, 2018
Closed on
Nov 27, 2018
Sold by
Mendez Adrian
Bought by
Sun Lee Yong
Seller's Agent
Richard Montano
REALTY WORLD CALIFORNIA PROPERTIES
Buyer's Agent
Joanne Kim
Dream Realty & Investments Inc
List Price
$487,000
Sold Price
$485,000
Premium/Discount to List
-$2,000
-0.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,215
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2016
Sold by
Rojo Raymund
Bought by
Zaldivar Roberto and Mendez Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,664
Interest Rate
3.43%
Mortgage Type
FHA

Purchase Details

Listed on
May 30, 2014
Closed on
Jun 18, 2014
Sold by
Bustos Ray
Bought by
Rojo Raymund
Seller's Agent
Daniel Zamora
IET Real Estate
Buyer's Agent
Mischa Nicolas
IET Real Estate
List Price
$299,995
Sold Price
$287,500
Premium/Discount to List
-$12,495
-4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$282,292
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2010
Sold by
Deloza Silviano
Bought by
Bustos Ray

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2008
Sold by
Deloza Silviano and Silviano De Loza Trust
Bought by
Deloza Silviano

Purchase Details

Closed on
Sep 8, 2007
Sold by
Deloza Silviano
Bought by
Deloza Silviano and Silviano De Loza Family Trust

Purchase Details

Closed on
Sep 22, 1995
Sold by
Deloza Adolfo and Delosa Adolfo
Bought by
Deloza Silviano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,400
Interest Rate
7.1%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mendez Adrian -- Old Republic Title Company
Sun Lee Yong -- Old Republic Title Company
Sun Lee Yong $485,000 Old Republic Title Company
Zaldivar Roberto $405,000 Lawyers Title
Rojo Raymund $287,500 Lawyers Title
Bustos Ray $200,000 Nations Title Company Of Ca
Deloza Silviano -- None Available
Deloza Silviano -- None Available
Deloza Silviano -- Benefit Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sun Lee Yong $476,215
Previous Owner Zaldivar Roberto $397,664
Previous Owner Rojo Raymund $282,292
Previous Owner Bustos Ray $194,930
Previous Owner Deloza Silviano $118,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2019 01/16/19 Sold $485,000 -0.4% $305 / Sq Ft
11/20/2018 11/20/18 Pending -- -- --
11/01/2018 11/01/18 Price Changed $487,000 0.0% $307 / Sq Ft
11/01/2018 11/01/18 For Sale $487,000 +0.4% $307 / Sq Ft
10/30/2018 10/30/18 Off Market $485,000 -- --
09/14/2018 09/14/18 For Sale $462,000 +60.7% $291 / Sq Ft
07/15/2014 07/15/14 Sold $287,500 -4.2% $181 / Sq Ft View Prior Sale
06/13/2014 06/13/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $299,995 -- $189 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,666 $541,022 $412,739 $128,283
2024 $6,666 $530,415 $404,647 $125,768
2023 $6,540 $520,015 $396,713 $123,302
2022 $6,239 $509,820 $388,935 $120,885
2021 $6,159 $499,824 $381,309 $118,515
2020 $6,219 $494,700 $377,400 $117,300
2019 $5,230 $421,362 $208,080 $213,282
2018 $5,159 $413,100 $204,000 $209,100
2017 $5,046 $405,000 $200,000 $205,000
2016 $3,670 $291,884 $182,745 $109,139
2015 $3,618 $287,500 $180,000 $107,500
2014 $3,574 $276,328 $173,907 $102,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18225095

California Regional Multiple Listing Service (CRMLS)

APN: 5120-020-005