NOT LISTED FOR SALE

522 Simmons Ave Los Angeles, CA 90022

Estimated Value: $736,000 - $888,000

3 Beds
2 Baths
1,473 Sq Ft
$529/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $715,000 $485 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,686/month

106 Days on Market

Highlights

  • Golf Course Community
  • Laundry Room
  • Front Yard
  • No HOA
  • Wrought Iron Fence
  • 1-Story Property

About This Home

As of July 2024

Fantastic Duplex in the heart of ELA, border with Montebello, Two separate buildings, Front is a 1 bedroom 1 bathroom home and the Back is a 2 bedroom 1 bathroom home. Super Location with a very large driveway with carports on the back with a storage room.

Last Agent to Sell the Property

Miguel Garcia

RE/MAX MASTERS REALTY Brokerage Phone: 323-854-6461 License #01256705 Listed on: 03/13/2024

RE/MAX MASTERS REALTY

Last Buyer's Agent

Jessie Leal

Centerpointe Real Estate License #01309113

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,844

Year Built

  • Built in 1951

Lot Details

  • 5,353 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Fence is in average condition
  • Front Yard

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,473 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 793
  • Tax Tract Number 5445
  • Assessor Parcel Number 6342014014

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Golf Course Community

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $120
  • Trash Expense $100
  • Water Sewer Expense $50
  • Operating Expense $150
  • Gross Income $32,000
  • Net Operating Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,844

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: Yes
  • Price Per Unit: 374500
  • Property Attached: No
  • Water Sewer Expenses: 50.00
  • Zoning: LCR305
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6342014014
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 485.40

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5353.00
  • Lot Size Acres: 0.1229
  • Latitude Manual: 34.02401300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 32000.00
  • Gross Scheduled Income: 42072.00
  • Insurance Expense: 120.00
  • Lot Size Area: 5353.0000 Square Feet
  • Net Operating Income: 25000.00
  • 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: 1800.00
  • Rent Control: No
  • Total Expenses: 150.00

Tax Info

  • Tax Census Tract: 5303.02
  • Tax Lot: 793
  • Tax Tract Number: 5445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Jul 9, 2024
Sold by
Ruiz Lorenzo and Ruiz Rosalina
Bought by
Barron Jasmine T and Barron Eward
Seller's Agent
Miguel Garcia
RE/MAX MASTERS REALTY
Buyer's Agent
Jessie Leal
Centerpointe Real Estate
List Price
$749,000
Sold Price
$715,000
Premium/Discount to List
-$34,000
-4.54%
Views
154
Current Estimated Value
$755,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,526
Avg. Annual Appreciation
8.48%
Original Mortgage
$679,250
Outstanding Balance
$672,390
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$107,046

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 24, 2014
Sold by
Fannie Mae
Bought by
Ruiz Lorenzo and Ruiz Rosalina
Seller's Agent
Ray Duran
L.A. R.E. NETWORK ERA
Buyer's Agent
Miguel Garcia
RE/MAX MASTERS REALTY
List Price
$418,900
Sold Price
$409,000
Premium/Discount to List
-$9,900
-2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$306,750
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2013
Sold by
Diaz Lino C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 12, 2011
Sold by
Diaz Lino Casas
Bought by
Diaz Lino Casas and Munoz Jesus

Purchase Details

Closed on
Nov 1, 2010
Sold by
Casas Sergio and Casas Enedina
Bought by
Diaz Lino Casas

Purchase Details

Closed on
Oct 25, 2007
Sold by
Diaz Lino C
Bought by
Casas Sergio and Casas Enedina

Purchase Details

Closed on
Jun 4, 2007
Sold by
Diaz Lino Casas
Bought by
Diaz Lino C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Diaz Gonzalo Casas and Casas Alma
Bought by
Diaz Lino Casas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1996
Sold by
Canales James
Bought by
Diaz Gonzalo Casas and Diaz Lino Casas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.41%
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
Barron Jasmine T $715,000 Fidelity - Sherman Oaks
Barron Edward -- Fidelity - Sherman Oaks
Ruiz Lorenzo $409,000 Lsi Title Company Inc
Federal National Mortgage Association $484,390 Landsafe Title
Diaz Lino Casas -- None Available
Diaz Lino Casas -- None Available
Casas Sergio -- None Available
Diaz Lino C -- First American Title Co
Diaz Lino Casas -- First American Title Co
Diaz Gonzalo Casas $180,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barron Edward $679,250
Previous Owner Rutz Lorenzo $364,000
Previous Owner Ruiz Lorenzo $306,750
Previous Owner Diaz Lino C $345,000
Previous Owner Diaz Lino Casas $276,000
Previous Owner Diaz Gonzalo Casas $30,000
Previous Owner Diaz Gonzalo Casas $152,028
Previous Owner Diaz Gonzalo Casas $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $715,000 -4.5% $485 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $749,000 +83.1% $508 / Sq Ft
07/14/2014 07/14/14 Sold $409,000 -2.4% $278 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
03/04/2014 03/04/14 For Sale $418,900 -- $284 / 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 $6,844 $715,000 $565,000 $150,000
2024 $6,844 $481,909 $294,566 $187,343
2023 $6,682 $472,461 $288,791 $183,670
2022 $6,465 $463,198 $283,129 $180,069
2021 $6,257 $454,117 $277,578 $176,539
2020 $6,214 $449,461 $274,732 $174,729
2019 $6,032 $440,649 $269,346 $171,303
2018 $6,115 $432,010 $264,065 $167,945
2016 $5,864 $415,236 $253,812 $161,424
2015 $5,537 $409,000 $250,000 $159,000
2014 $4,689 $331,498 $200,908 $130,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24050518

California Regional Multiple Listing Service (CRMLS)

APN: 6342-014-014