Seller's Agent in 2022
Josephine San Lucas
KELLER WILLIAMS LARCHMONT
(562) 843-8748
5 in this area
72 Total Sales
520 E 66th St Los Angeles, CA 90003
Florence NeighborhoodEstimated Value: $899,000 - $1,059,000
8
Beds
4
Baths
3,496
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Paved or Partially Paved Lot
- Wall Furnace
- 4-minute walk to Avalon and Gage Park
About This Home
As of March 20222 Story Fourplex 4 LARGE 2 bedroom 1 bath UNITS Total sq. ft of living space is 3496 ! Located in South West Los Angeles Fully Occupied and generating $4103.5 per month in rents. Rents are low as potential rents in this area for a 2 bedroom average at $2000 per unit. Owner pays water, trash and sewer, maintenance is low and expenses are considerably low for this large of a complex . Each unit is approximately 874 sq. feet which is once again very Large and the perfect set of units to grow your portfolio and increase rents over time . Location is prime as its less then 10 min. away from the Furniture district in #DowntownLA Each units has 1 Parking space on its Large Lot of 5694 as E. 66th st is located on a residential street . Can also be purchase together with its "twin" 6601 Avalon blvd. Los angeles
Last Agent to Sell the Property
KELLER WILLIAMS LARCHMONT License #01308257 Listed on: 01/11/2022
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1944
Lot Details
- 5,694 Sq Ft Lot
- 1 Common Wall
- Paved or Partially Paved Lot
Home Design
- Quadruplex
Interior Spaces
- 3,496 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Parking
- Parking Available
- Paved Parking
- Assigned Parking
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 1 / 7
- Assessor Parcel Number 6011013048
- $529 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- 4 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,200
- Trash Expense $1,680
- Water Sewer Expense $3,000
- New Taxes Expense $9,988
- Operating Expense $6,880
- Gross Income $49,242
- Net Operating Income $44,562
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 18, 2016
Sold by
Hernandez Felipe
Bought by
Felipe Hernandez and Felipe Guadalupe Hernandez
Current Estimated Value
Purchase Details
Closed on
Nov 12, 2004
Sold by
Rosales Julio A
Bought by
Hernandez Felipe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 15, 2003
Sold by
Gastinell Rene J and Gastinell Leticia G
Bought by
Rosales Julio A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Felipe Hernandez | -- | None Available | |
| Hernandez Felipe | $540,000 | Investors Title Company | |
| Rosales Julio A | $375,000 | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Hernandez Felipe | $432,000 | |
| Previous Owner | Rosales Julio A | $337,500 | |
| Closed | Hernandez Felipe | $54,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2022 03/18/22 | Sold | $810,000 | 0.0% | $232 / Sq Ft |
| 02/28/2022 02/28/22 | Pending | -- | -- | -- |
| 02/21/2022 02/21/22 | For Sale | $810,000 | 0.0% | $232 / Sq Ft |
| 01/27/2022 01/27/22 | Pending | -- | -- | -- |
| 01/17/2022 01/17/22 | Price Changed | $810,000 | -4.7% | $232 / Sq Ft |
| 01/11/2022 01/11/22 | For Sale | $850,000 | -- | $243 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $10,865 | $875,495 | $504,073 | $371,422 |
| 2024 | $10,865 | $858,330 | $494,190 | $364,140 |
| 2023 | $10,661 | $841,500 | $484,500 | $357,000 |
| 2022 | $8,827 | $709,283 | $461,695 | $247,588 |
| 2021 | $8,706 | $695,377 | $452,643 | $242,734 |
| 2019 | $8,452 | $674,754 | $439,218 | $235,536 |
| 2018 | $8,335 | $661,524 | $430,606 | $230,918 |
| 2016 | $7,945 | $635,838 | $413,886 | $221,952 |
| 2015 | $7,833 | $626,289 | $407,670 | $218,619 |
| 2014 | $7,880 | $614,022 | $399,685 | $214,337 |
Source: Public Records
Agents Affiliated with this Home
-
Josephine San Lucas
-
Ramon Chavez
R
Buyer's Agent in 2022
Ramon Chavez
Dreamwork Realty Inc.
(213) 359-0669
2 in this area
39 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB22005816
APN: 6011-013-048
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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