NOT LISTED FOR SALE

Estimated Value: $879,000 - $1,034,946

8 Beds
4 Baths
2,824 Sq Ft
$347/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $600,000 $212 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,942/month

24 Days on Market

Highlights

  • Newly Remodeled
  • Open Floorplan
  • Modern Architecture
  • City Lights View
  • Property is near public transit
  • 2-minute walk to Slauson Senior Multipurpose Recreation Center

About This Home

As of January 2019

2008 Built Duplex. Each unit has 1,250sqft of living sqft. Each with 4 bedrooms/2 full bathrooms, laundry closet inside, open kitchen with custom oak cabinets. Dual pane windows throughout, open floor plan, kitchen, dinning area and living room. Low maintenance yard, with plenty of parking for 6+ cars and a 2 car carport. Structure is two levels, one unit downstairs and second unit upstairs. Perfect for your investors looking for income properties. Top collects $1900 in rent & bottom collects $1900 in rent. Thats $3,800 a month.

Last Agent to Sell the Property

Ray Penado

Excellence RE Real Estate License #01709871 Listed on: 11/23/2018

Last Buyer's Agent

Johnny Cho

Keller Williams Realty Los Feliz License #01394690

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,429

Year Built

  • Built in 2007 | Newly Remodeled

Lot Details

  • 5,862 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • West Facing Home
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Private Yard
  • Back and Front Yard

Home Design

  • Modern Architecture
  • Property Attached
  • Cosmetic Repairs Needed
  • Fire Rated Drywall
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,824 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Double Pane Windows
  • City Lights Views
  • Tile Countertops
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Phone Available

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 44
  • Assessor Parcel Number 5105004014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $7,487

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,429

Year Built

Built in 2007 | Newly Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAC2
  • Architectural Style: Modern
  • New Construction: Yes
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5105004014
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 212.46
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Concrete Perimeter
  • View: City Lights
  • Fence: Yes
  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: In Closet, Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Near Public Transit, Paved, Yard
  • Lot Size Sq Ft: 5862.00
  • Lot Size Acres: 0.1346

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Gross Scheduled Income: 4400.00
  • Lot Size Area: 5862.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Other Income1: 1.00
  • Rent Control: No
  • Total Actual Rent: 3800.00

Tax Info

  • New Taxes Expense: 7487.00
  • Tax Area: 7
  • Tax Lot: 44
  • Tax Tract: Custom

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2018
Closed on
Feb 22, 2019
Sold by
Seo Seung Hye
Bought by
M Maison Llc
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Johnny Cho
Keller Williams Realty Los Feliz
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$980,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,237
Avg. Annual Appreciation
7.50%
Original Mortgage
$450,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2018
Closed on
Jan 11, 2019
Sold by
Jv & Investments Group Llc
Bought by
Seo Seung Hye
Seller's Agent
Ray Penado
Excellence RE Real Estate
Buyer's Agent
Johnny Cho
Keller Williams Realty Los Feliz
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
California Realty & Investment Group Inc
Bought by
Jv & Investments Group Llc

Purchase Details

Closed on
May 23, 2007
Sold by
Paredes Francisco
Bought by
California Realty & Investment Group

Purchase Details

Closed on
Apr 5, 2005
Sold by
Paredes Francisco
Bought by
Alvarez Guillermo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.84%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 10, 2004
Sold by
Ortiz Alfredo and Ortiz Guadalupe
Bought by
Paredes Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 1998
Sold by
Sanchez Jaime Jose
Bought by
Ortiz Alfredo and Ortiz Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,747
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 5, 1997
Sold by
Sanchez Doris E
Bought by
Sanchez Jaime Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
4.25%

Purchase Details

Closed on
Dec 1, 1997
Sold by
Federal National Mortgage Association
Bought by
Sanchez Jaime Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
4.25%

Purchase Details

Closed on
Feb 5, 1997
Sold by
Limon Jose A and Limon Angelica
Bought by
American Svgs Bank Fa

Purchase Details

Closed on
Feb 4, 1997
Sold by
American Svgs Bank Fa
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
M Maison Llc -- None Available
Seo Seung Hye $600,000 Orange Coast Title Company
Jv & Investments Group Llc -- None Available
California Realty & Investment Group $325,000 Chicago Title
Alvarez Guillermo $300,000 Diversified Title & Escrow S
Paredes Francisco $220,000 Ticor Title Company Of Ca
Ortiz Alfredo $97,000 Southland Title Corporation
Sanchez Jaime Jose -- Gateway Title Company
Sanchez Jaime Jose $55,000 Gateway Title Company
American Svgs Bank Fa $90,000 Stewart Title
Federal National Mortgage Association -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seo Seung Hye $450,000
Previous Owner Alvarez Guillermo $240,000
Previous Owner Paredes Francisco $176,000
Previous Owner Ortiz Alfredo $96,747
Previous Owner Sanchez Jaime Jose $38,500
Closed Alvarez Guillermo $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2019 01/25/19 Sold $600,000 +0.2% $212 / Sq Ft
11/23/2018 11/23/18 For Sale $599,000 -- $212 / 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 $9,429 $752,969 $474,093 $278,876
2024 $9,281 $738,206 $464,798 $273,408
2023 $9,105 $723,733 $455,685 $268,048
2022 $8,687 $709,543 $446,750 $262,793
2021 $8,571 $695,632 $437,991 $257,641
2020 $7,736 $612,000 $377,400 $234,600
2019 $5,516 $436,427 $229,698 $206,729
2018 $5,417 $427,871 $225,195 $202,676
2016 $5,155 $411,257 $216,451 $194,806
2015 $5,082 $405,080 $213,200 $191,880
2014 $5,109 $397,146 $209,024 $188,122
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18278947

California Regional Multiple Listing Service (CRMLS)

APN: 5105-004-030