NOT LISTED FOR SALE

Estimated Value: $670,209 - $772,000

4 Beds
2 Baths
1,270 Sq Ft
$557/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $435,000 $343 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,169/month

3 Days on Market

Highlights

  • Private Yard
  • Turnkey
  • 1-Story Property
  • Laundry Room
  • Wall Furnace
  • 4-minute walk to Trinity Park Legends Court

About This Home

As of October 2018

Remodeled Duplex in area of Historic L.A. New paint inside and out. The gorgeous kitchens include new cabinets and quartz countertops complemented with an under-mounted sinks and beautiful stainless steel refrigerators, range/ovens, and hoods. Both bathrooms feature new bathtubs, efficient toilets, faucet hardware, and sink vanities. New modern tile work in each bathroom and new flooring throughout each unit. Centrally located, just minutes from downtown L.A. Walking distance from a mecca of restaurants and shopping including less than 1 mile from Staples Center and Metro Station. Buy to live or to lease as the property is both a Beautiful and High Income Duplex!!!

Last Agent to Sell the Property

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 09/25/2018

Last Buyer's Agent

Bret Lewis

Bret Lewis, Broker License #01872524 Listed on: 09/25/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 1,897 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,270 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 5127016014

Community Details

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $36,000
  • Net Operating Income $36,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

1,897 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Zoning: LARD2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5127016014
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 342.52

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 1897.00

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 3000.00
  • Net Operating Income: 36000.00
  • 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: Yes

Tax Info

  • Tax Census Tract: 2264.10
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2018
Closed on
Oct 2, 2018
Sold by
Elmoro Holdings Llc
Bought by
Manzo Victor and Manzo Jessica
Seller's Agent
Bret Lewis
Bret Lewis, Broker
Buyer's Agent
Bret Lewis
Bret Lewis, Broker
List Price
$425,000
Sold Price
$435,000
Premium/Discount to List
$10,000
2.35%
Current Estimated Value
$707,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,802
Avg. Annual Appreciation
6.90%
Original Mortgage
$326,250
Outstanding Balance
$285,115
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$422,687

Purchase Details

Closed on
Dec 5, 2017
Sold by
Vargas Roman
Bought by
Elmoro Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 16, 2003
Sold by
Saldana Rebecca
Bought by
Vargas Roman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
8.25%

Purchase Details

Closed on
Feb 15, 2000
Sold by
Development Secretary Of Housing And Urban
Bought by
Saldana Rebecca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
8.21%

Purchase Details

Closed on
Dec 23, 1996
Sold by
Aguilar Marvin Ernesto and Espinoza German Armando
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
Dec 2, 1996
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jul 23, 1996
Sold by
Aguilar Marvin Ernesto and Espinoza German Armando
Bought by
New Haven Corp

Purchase Details

Closed on
Feb 7, 1995
Sold by
Reuff Richard and Reuff Maria E
Bought by
Aguilar Marvin Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
8.9%
Mortgage Type
FHA
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
Manzo Victor $435,000 Stewart Title Company
Elmoro Holdings Llc $238,000 Stewart Title
Vargas Roman $187,000 Southland Title Company
Saldana Rebecca $65,000 Stewart Title
Countrywide Home Loans Inc $132,625 --
Hud -- Landsafe Title
New Haven Corp -- --
Aguilar Marvin Ernesto $125,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzo Victor $326,250
Previous Owner Elmoro Holdings Llc $292,500
Previous Owner Vargas Roman $136,000
Previous Owner Saldana Rebecca $65,000
Previous Owner Aguilar Marvin Ernesto $124,000
Closed Vargas Roman $34,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2018 10/29/18 Sold $435,000 +2.4% $343 / Sq Ft
09/28/2018 09/28/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $425,000 +78.6% $335 / Sq Ft
06/21/2018 06/21/18 Sold $238,000 +16.1% $194 / Sq Ft View Prior Sale
12/22/2017 12/22/17 Price Changed $205,000 0.0% $167 / Sq Ft
10/25/2017 10/25/17 Price Changed $205,000 0.0% $167 / Sq Ft
08/23/2017 08/23/17 Price Changed $205,000 -35.9% $167 / Sq Ft
07/21/2017 07/21/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $320,000 -- $261 / 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 $5,911 $485,246 $334,654 $150,592
2024 $5,911 $475,733 $328,093 $147,640
2023 $5,798 $466,406 $321,660 $144,746
2022 $5,528 $457,261 $315,353 $141,908
2021 $5,457 $448,296 $309,170 $139,126
2019 $5,294 $435,000 $300,000 $135,000
2018 $2,922 $238,015 $48,362 $189,653
2016 $2,780 $228,775 $46,485 $182,290
2015 $2,739 $225,339 $45,787 $179,552
2014 $2,757 $220,926 $44,891 $176,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18233780

California Regional Multiple Listing Service (CRMLS)

APN: 5127-016-016

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