NOT LISTED FOR SALE

Estimated Value: $695,000 - $878,722

2 Beds
2 Baths
2,028 Sq Ft
$397/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $375,000 $185 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,759/month

87 Days on Market

About This Home

As of September 2015

DUPLEX!! Very well maintained Duplex located in nice Los Angeles neighborhood. Situated on picturesque street, lined with beautiful Palm Trees. Easy to see seller's "pride of ownership". Both units are: 1 BD/ 1 BA with DEN that could be used as 2nd Bdrm. Both units are occupied by excellent, long term tenants, making this ideal for Investors. Property can be shown by appointment w/ acceptable "subject to inspection" offer.

Last Agent to Sell the Property

Sheree Goulet

Century 21 Masters License #00713261 Listed on: 07/28/2015

Century 21 Masters

Last Buyer's Agent

Ej Hawkins

Radius Agent Realty License #01339756

Radius Agent Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,630

Year Built

  • Built in 1922

Lot Details

  • 7,670 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 2,028 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 327/
  • Assessor Parcel Number 5015021011

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $400
  • Trash Expense $300
  • New Taxes Expense $758
  • Gross Income $2,193
  • Net Operating Income $21,316

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,630

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 5015021011
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 184.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre, Corner Lot
  • Lot Size Sq Ft: 7670.00
  • Price Per Lot Square Foot: 48.89
  • Lot Size Acres: 0.1760

Multi Family

  • Average1 Bed Area: 1000
  • Gross Income: 2193.00
  • Gross Scheduled Income: 26316.00
  • Insurance Expense: 400.00
  • Lot Size Area: 7670.0000 Square Feet
  • Net Operating Income: 21316.00
  • 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: 500.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 758.00
  • Tax Lot: 327/
  • Tax Tract Number: ch sq
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2015
Closed on
Sep 2, 2015
Sold by
Walker Diane M
Bought by
Aderibigbe Fatiarita Kemmy
Seller's Agent
Sheree Goulet
Century 21 Masters
Buyer's Agent
Ej Hawkins
Radius Agent Realty
List Price
$369,900
Sold Price
$375,000
Premium/Discount to List
$5,100
1.38%
Current Estimated Value
$805,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,931
Avg. Annual Appreciation
7.91%
Original Mortgage
$368,207
Outstanding Balance
$293,664
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$512,267

Purchase Details

Closed on
Jan 19, 1996
Sold by
Walker Diane M and Walker Diane
Bought by
Walker Charles J and Walker Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.18%
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
Aderibigbe Fatiarita Kemmy $375,000 First American Title Company
Walker Charles J -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aderibigbe Fatiarita Kemmy $368,207
Previous Owner Walker Charles J $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2015 09/22/15 Sold $375,000 +1.4% $185 / Sq Ft
08/25/2015 08/25/15 Pending -- -- --
05/30/2015 05/30/15 For Sale $369,900 -- $182 / 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 $5,630 $443,919 $325,542 $118,377
2024 $5,630 $435,215 $319,159 $116,056
2023 $5,530 $426,682 $312,901 $113,781
2022 $5,286 $418,316 $306,766 $111,550
2021 $5,212 $410,114 $300,751 $109,363
2019 $5,063 $397,952 $291,832 $106,120
2018 $4,965 $390,150 $286,110 $104,040
2016 $4,738 $375,000 $275,000 $100,000
2015 $740 $39,523 $23,640 $15,883
2014 $760 $38,749 $23,177 $15,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15115646

California Regional Multiple Listing Service (CRMLS)

APN: 5015-021-011