NOT LISTED FOR SALE

5509 E 6th St Los Angeles, CA 90022

Estimated Value: $660,000 - $782,106

4 Beds
2 Baths
1,360 Sq Ft
$527/Sq Ft Est. Value

Sale Details

Date Sold: March 10, 2016

Last sale price $383,333 $282 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $4,449 / mo

21 Days on Market

About This Home

As of March 2016

Location! Location! Location! Close proximity to public transportation, shops and freeways. Live in one, and rent the other. Great investment opportunity with upside income potential. Must see!! Priced for quick sale. Please DO NOT DISTURB OCCUPANTS.

Last Agent to Sell the Property

Johanna Altman

Grid Properties License #01810084 Listed on: 01/22/2016

Co-Listed By

Gregory Wrangler

Pacific Realty of California License #01739296

Last Buyer's Agent

Johanna Altman

Grid Properties License #01810084 Listed on: 01/22/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 5,230

Home Design

  • 1,360 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Additional Features

  • Oven or Range
  • 5,230 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 6341-018-010

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

5,230 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Location! Location! Location! Close proximity to public transportation, shops and freeways. Live in one, and rent the other. Great investment opportunity with upside income potential. Must see!! Priced for quick sale.
  • Building Permit: No
  • Living Area: 1360
  • Year Built: 1992
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 257.28

Exterior Features

  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 76845
  • Assessed Land Value: 163937
  • Assessor Parcel Number: 6341-018-010
  • Geocode Override: No
  • Lot Size Area: 5230

Rental Info

  • Total Actual Rent: 24432.00
  • Land Lease Type: Fee
  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Ling Waipun and Hong Yan Ping
Bought by
Ling & Hong Family Trust
Current Estimated Value
$716,527

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 8, 2016
Sold by
Colfin Ai Ca 5 Llc
Bought by
Ling Waipun and Hong Yan Ping
Seller's Agent
Johanna Altman
Grid Properties
Buyer's Agent
Johanna Altman
Grid Properties
List Price
$349,900
Sold Price
$383,333
Premium/Discount to List
$33,433
9.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$233,333
Outstanding Balance
$185,537
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$530,990

Purchase Details

Closed on
Aug 24, 2012
Sold by
Lopez Maria
Bought by
Colfin Ai Ca 5 Llc

Purchase Details

Closed on
Feb 18, 2003
Sold by
Cortez David and Cortez Maria
Bought by
Lopez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ling & Hong Family Trust -- None Available
Ling Waipun $383,500 Fidelity National Title Co
Colfin Ai Ca 5 Llc -- Fidelity Van Nuys
Lopez Maria $267,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ling Waipun $233,333
Previous Owner Lopez Maria $213,600
Closed Lopez Maria $40,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2016 03/10/16 Sold $383,333 +9.6% $282 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $349,900 -- $257 / Sq Ft
Source: The MLS

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 $7,081 $513,760 $333,827 $179,933
2024 $7,081 $503,687 $327,282 $176,405
2023 $6,919 $493,812 $320,865 $172,947
2022 $6,694 $484,130 $314,574 $169,556
2021 $6,478 $474,638 $308,406 $166,232
2020 $6,433 $469,772 $305,244 $164,528
2019 $6,246 $460,801 $299,259 $161,542
2018 $6,342 $451,772 $293,392 $158,380
2016 $3,835 $244,453 $166,437 $78,016
2015 $3,639 $240,782 $163,937 $76,845
2014 $3,606 $236,066 $160,726 $75,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-977141

The MLS

APN: 6341-018-010

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