Seller's Agent in 2021
Mark Perez
Circle Real Estate
(562) 754-0660
2 in this area
112 Total Sales
531 W 115th St Los Angeles, CA 90044
Vermont Vista NeighborhoodEstimated Value: $768,000 - $1,023,000
6
Beds
4
Baths
2,181
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- No HOA
- 4-minute walk to Harbor Fwy Station
- 2 Car Garage
- Laundry Room
- Central Heating
- 1-Story Property
About This Home
As of August 2021AMAZING Investment Opportunity for owner occupant looking to live in one unit and rent the back (currently receiving $2500 in monthly rent) or for an investor to rent out both units and make GREAT cash flow! This property is zoned SFR with a permitted new ADU in the back. The front unit has been tastefully remodeled with new floors, dual pane windows, remodeled kitchen with new cabinets and countertops. The front unit is 3 bed, 2 bathroom and total total sq footage is 1257 sq ft. The master bedroom is HUGE and comes with a very spacious walk in closet and updated bathroom. The unit also comes with washer and dryer hook-ups. There is good space between the front unit and back unit with a nice grass area. The back unit is 3 bed, 2 bathrooms. The property also comes with a spacious 2 car garage (can potentially be converted to an ADU) and a very long driveway that fits 5 plus cars. This property has so much value!
Last Agent to Sell the Property
Circle Real Estate License #01279393 Listed on: 07/08/2021
Co-Listed By
Sergio Orzynski
Keller Williams Pacific Estate License #01998128
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,496
Year Built
- Built in 1937
Lot Details
- 9,286 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
- 5 Open Parking Spaces
- Parking Available
- Driveway
Interior Spaces
- 2,181 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Utilities
- Central Heating
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 18 / A
- Tax Tract Number 241
- Assessor Parcel Number 6088004019
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Trash Expense $840
- Water Sewer Expense $1,200
- Operating Expense $3,240
- Gross Income $63,600
- Net Operating Income $63,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 8, 2021
Closed on
Jul 21, 2021
Sold by
Fleet Capital Inc
Bought by
Liu Alex and Liu Judy Thai
Seller's Agent
Mark Perez
Circle Real Estate
Buyer's Agent
HENRY WALLACE
Henry Wallace
List Price
$649,000
Sold Price
$730,000
Premium/Discount to List
$81,000
12.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,731
Avg. Annual Appreciation
3.96%
Original Mortgage
$584,000
Outstanding Balance
$529,889
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$328,842
Purchase Details
Closed on
Nov 23, 2020
Sold by
Charles Heidi D
Bought by
Fleet Capital Inc
Purchase Details
Closed on
Mar 25, 2018
Sold by
Daniels Alvin
Bought by
Charles Heidi D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 22, 2018
Sold by
Charles Heidi
Bought by
Daniels Alvin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Interest Rate
4.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 3, 2017
Sold by
Charles Heidi
Bought by
Charles Heidi
Purchase Details
Closed on
Nov 11, 2014
Sold by
Gamble Betty E
Bought by
Gamble Betty E and Charles Heidi
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 |
|---|---|---|---|
| Liu Alex | $730,000 | Provident Title | |
| Fleet Capital Inc | $448,265 | None Available | |
| Charles Heidi D | -- | None Available | |
| Daniels Alvin | -- | Chicago Title Company | |
| Charles Heidi | -- | None Available | |
| Gamble Betty E | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Liu Alex | $584,000 | |
| Previous Owner | Daniels Alvin | $2,400,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/13/2021 08/13/21 | Sold | $730,000 | 0.0% | $335 / Sq Ft |
| 07/15/2021 07/15/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | Off Market | $730,000 | -- | -- |
| 07/15/2021 07/15/21 | For Sale | $649,000 | -11.1% | $298 / Sq Ft |
| 07/12/2021 07/12/21 | Off Market | $730,000 | -- | -- |
| 07/08/2021 07/08/21 | For Sale | $649,000 | -- | $298 / 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 | $9,496 | $774,681 | $551,828 | $222,853 |
| 2024 | $9,496 | $759,492 | $541,008 | $218,484 |
| 2023 | $9,319 | $744,600 | $530,400 | $214,200 |
| 2022 | $8,895 | $730,000 | $520,000 | $210,000 |
| 2021 | $7,301 | $590,000 | $400,000 | $190,000 |
| 2020 | $14,112 | $681,992 | $390,150 | $291,842 |
| 2019 | $2,739 | $439,620 | $382,500 | $57,120 |
| 2018 | $4,095 | $329,806 | $260,100 | $69,706 |
| 2017 | $733 | $48,742 | $24,050 | $24,692 |
| 2016 | $703 | $47,787 | $23,579 | $24,208 |
| 2015 | $695 | $47,070 | $23,225 | $23,845 |
| 2014 | $709 | $46,149 | $22,771 | $23,378 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Perez
-
S
Seller Co-Listing Agent in 2021
Sergio Orzynski
Keller Williams Pacific Estate
-
HENRY WALLACE
H
Buyer's Agent in 2021
HENRY WALLACE
Henry Wallace
(310) 940-4624
2 in this area
36 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS21147752
APN: 6088-004-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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