NOT LISTED FOR SALE

5221 Lincoln Ave Los Angeles, CA 90042

Estimated Value: $1,208,000 - $1,471,031

3 Beds
1 Bath
1,917 Sq Ft
$713/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $600,000 $313 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $7,917/month

20 Days on Market

Highlights

  • Laundry Room
  • 2 Attached Carport Spaces
  • Central Heating and Cooling System

About This Home

As of December 2014

DON''T MISS OUT! No rent control! Great owner/investor opportunity in super hot Highland Park district! This is a revitalized neighborhood full of charming character homes. Two short blocks to York Blvd which makes it walking distance to restaurants, bars, shopping, Gold Line and MTA. Also a short commute to Occidental College, Downtown LA, Pasadena, Glendale and Burbank. Front house has a cute front porch, three nice size bedrooms and huge bathroom. The kitchen was recently remodeled and has stainless steel appliances. Back house is super sharp and has two spacious bedrooms and one bath. Both of these delightful units and ready for you and/or your renters to move into! Don't miss this gem!!

Last Agent to Sell the Property

Alvar De La Torre

Century 21 Cornerstone License #01950490 Listed on: 09/30/2014

Century 21 Cornerstone

Last Buyer's Agent

Kyle Ngo

eXp Realty of California Inc License #01349529

eXp Realty of California Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,786

Year Built

  • Built in 1925

Lot Details

  • 5,400 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,917 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Carport
  • Gas Dryer Hookup

Parking

  • 2 Parking Spaces
  • 2 Attached Carport Spaces
  • Parking Available

Additional Features

  • Gas Range
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 1833
  • Assessor Parcel Number 5478005021

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,786

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5478005021
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 312.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Attached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Carport, In Closet
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5400.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Scheduled Income: 43200.00
  • Lot Size Area: 5400.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 19
  • Tax Tract Number: 1833
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2020
Sold by
Rosales Mayra
Bought by
Rosales Ana and Rosales Mayra
Current Estimated Value
$1,366,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$578,408
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$787,600

Purchase Details

Closed on
Jan 27, 2020
Sold by
Rosales Mayra
Bought by
Rosales Mayra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2014
Closed on
Oct 16, 2014
Sold by
Lara Avee
Bought by
Rosales Mayra and Rosales Ana
Seller's Agent
Alvar De La Torre
Century 21 Cornerstone
Buyer's Agent
Kyle Ngo
eXp Realty of California Inc
List Price
$619,000
Sold Price
$600,000
Premium/Discount to List
-$19,000
-3.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
Original Mortgage
$510,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2000
Sold by
Trust Nunez Salvador T Co Tr Nunez Famil and Nunez Alejandrina
Bought by
Lara Avee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,487
Interest Rate
8.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rosales Ana -- Fidelity National Title
Rosales Mayra -- Chicago Title Company
Rosales Mayra $600,000 Provident Title Company
Lara Avee $185,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosales Ana $650,000
Previous Owner Rosales Mayra $540,000
Previous Owner Rosales Mayra $510,000
Previous Owner Lara Avee $183,487
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2014 12/15/14 Sold $600,000 -3.1% $313 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $619,000 -- $323 / 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 $8,786 $721,098 $540,827 $180,271
2024 $8,786 $706,960 $530,223 $176,737
2023 $8,618 $693,099 $519,827 $173,272
2022 $8,055 $679,510 $509,635 $169,875
2021 $7,949 $666,188 $499,643 $166,545
2020 $8,026 $659,358 $494,520 $164,838
2019 $7,707 $646,430 $484,824 $161,606
2018 $7,611 $633,756 $475,318 $158,438
2016 $7,259 $609,149 $456,862 $152,287
2015 $7,151 $600,000 $450,000 $150,000
2014 $2,867 $227,396 $122,917 $104,479
Source: Public Records

Agents Affiliated with this Home

  • Alvar De La Torre

    Seller's Agent in 2014

    Alvar De La Torre

    Century 21 Cornerstone

    (562) 698-0348

    64 Total Sales

    Alvar De La Torre
    Section Image
  • Kyle Ngo

    Buyer's Agent in 2014

    Kyle Ngo

    eXp Realty of California Inc

    (626) 215-2368

    51 Total Sales

    Kyle Ngo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14210423

California Regional Multiple Listing Service (CRMLS)

APN: 5478-005-021

California Los Angeles County Los Angeles 90042

5221 Lincoln Ave, Los Angeles, CA

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