NOT LISTED FOR SALE

517 Margaret Ave Los Angeles, CA 90022

Estimated Value: $743,000 - $816,000

3 Beds
2 Baths
1,552 Sq Ft
$502/Sq Ft Est. Value

Last Sold October 08, 2013

Last sale price $340,000 $219 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,763/month

7 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • James A. Garfield Senior High School Rated A
  • Ceramic Countertops
  • 3 Detached Carport Spaces

About This Home

As of October 2013

Two homes on one lot with long time tenants. Front home is a 2 bd/1bath and the back home is a 1 bd/1bath. More photos to come.

Last Agent to Sell the Property

Mahtty Kowalik

Coldwell Banker Realty License #01052162 Listed on: 09/18/2013

Coldwell Banker Realty

Last Buyer's Agent

Arthur Gijon

MILLENIA REAL ESTATE License #01709225

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,168

Year Built

  • Built in 1961

Lot Details

  • 5,143 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • 1,552 Sq Ft Home
  • Raised Foundation
  • Composition Roof

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Parking

  • 3 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available
  • Shared Driveway
  • Paved Parking

Additional Features

  • Ceramic Countertops
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 304
  • Tax Tract Number 7193
  • Assessor Parcel Number 6341020035

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,925
  • Net Operating Income $21,397

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,168

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6341020035
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceramic Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet
  • Levels: One
  • Price Per Square Foot: 219.07
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Covered, Detached Carport, Concrete, Driveway, Shared Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Inside
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5143.00
  • Lot Size Acres: 0.1180

Multi Family

  • Gross Income: 1925.00
  • Gross Scheduled Income: 23100.00
  • Lot Size Area: 5143.0000 Square Feet
  • Net Operating Income: 21397.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1703.00
  • Rent Control: No

Tax Info

  • Tax Lot: 304
  • Tax Tract Number: 7193
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Thomas And Theresa Woo Family Trust
Bought by
Thomas And Theresa Woo Family Trust
Current Estimated Value
$779,823

Purchase Details

Listed on
Sep 18, 2013
Closed on
Sep 27, 2013
Sold by
Valle Olga and Valle John E
Bought by
Woo Thomas Kay Shek and Woo Theresa K
Seller's Agent
Mahtty Kowalik
Coldwell Banker Realty
Buyer's Agent
Arthur Gijon
MILLENIA REAL ESTATE
List Price
$319,900
Sold Price
$340,000
Premium/Discount to List
$20,100
6.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Closed on
Mar 1, 2004
Sold by
Valle Eliseo C
Bought by
Valle Eliseo C and 2004 Eliseo C Valle Revocable
Source: Public Records

Range of Values:

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Average Value
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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
Thomas And Theresa Woo Family Trust -- Accommodation/Courtesy Recordi
Woo Thomas Kay Shek $340,000 Title365
Valle Eliseo C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2013 10/08/13 Sold $340,000 +6.3% $219 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
09/18/2013 09/18/13 For Sale $319,900 -- $206 / 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 $6,168 $416,781 $245,166 $171,615
2024 $6,168 $408,609 $240,359 $168,250
2023 $5,900 $400,598 $235,647 $164,951
2022 $5,642 $392,744 $231,027 $161,717
2021 $5,577 $385,045 $226,498 $158,547
2020 $5,615 $381,098 $224,176 $156,922
2019 $5,418 $373,627 $219,781 $153,846
2018 $5,278 $366,302 $215,472 $150,830
2016 $5,060 $352,080 $207,106 $144,974
2015 $4,986 $346,793 $203,996 $142,797
2014 $4,989 $340,000 $200,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC13191964

California Regional Multiple Listing Service (CRMLS)

APN: 6341-020-035