NOT LISTED FOR SALE

552 S Mcdonnell Ave Unit B Los Angeles, CA 90022

Estimated Value: $806,000 - $974,000

4 Beds
3 Baths
1,738 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $690,000 $397 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,622/month

28 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Level Lot
  • James A. Garfield Senior High School Rated A
  • West Facing Home
  • Front Yard

About This Home

As of July 2021

3 Units in the heart of East Los Angeles. All units have been remodeled and upgraded in recent years. Front house is 3 bedroom-1bath. Middle house is 1 bedroom-1 bath with living room open to kitchen. Rear house is a studio unit with kitchen and bathroom. Each house has own water heater. Plenty of open parking pace for approximately 5 vehicles. Driveway is shared with adjacent property 448 S McDonnell Ave. Property has 2 gas meters, 2 electric meters and 2 water meters. 2 houses at rear share all utilities. Front tenant pays all utilities. Rear two houses, owner pays all utilities DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Armando Arenas

GEORGE MICHAEL REALTY License #01168227 Listed on: 02/24/2021

Last Buyer's Agent

Ambrocio Sanchez

eXp Realty of Southern Calif License #02054970

eXp Realty of Southern Calif

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,302

Year Built

  • Built in 1954

Lot Details

  • 5,364 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Level Lot
  • Front Yard

Home Design

  • Triplex

Interior Spaces

  • 1,738 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces
  • Parking Available
  • Parking Lot

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Legal Lot and Block 36 / 21
  • Tax Tract Number 4190
  • Assessor Parcel Number 5247019021

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $8,125
  • Gross Income $44,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,302

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5247019021
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 397.01

Exterior Features

  • Direction Faces: West
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Uncovered
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street
  • Lot Size Sq Ft: 5364.00
  • Lot Size Acres: 0.1231

Multi Family

  • Average1 Bed Area: 594 Square Feet
  • Average3 Bed Area: 820 Square Feet
  • Average Studio Area: 324
  • Gross Income: 44400.00
  • Gross Scheduled Income: 44400.00
  • Lot Size Area: 5364.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Block: 21
  • Tax Census Tract: 5315.04
  • Tax Lot: 36
  • Tax Tract Number: 4190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Jun 9, 2021
Sold by
Avila Anita Martinez
Bought by
Marquez Alberto Luna and Gonzalez Jessica
Seller's Agent
Armando Arenas
GEORGE MICHAEL REALTY
Buyer's Agent
Ambrocio Sanchez
eXp Realty of Southern Calif
List Price
$650,000
Sold Price
$690,000
Premium/Discount to List
$40,000
6.15%
Current Estimated Value
$874,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,241
Avg. Annual Appreciation
4.90%
Original Mortgage
$517,500
Outstanding Balance
$470,568
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$371,205

Purchase Details

Closed on
Feb 28, 2020
Sold by
Avila David Martinez
Bought by
Avila David Martinez and The David Martinez Avila Livin

Purchase Details

Closed on
Jan 11, 2010
Sold by
Roque Eric
Bought by
Martinez David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,600
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Roque Eric

Purchase Details

Closed on
Jun 20, 2008
Sold by
Rodriguez Sonia
Bought by
Deutsche Bank National Trust Co and Hsi Asset Securitization Corp 2007-Opt1

Purchase Details

Closed on
Nov 23, 2005
Sold by
Morales Jorge Rodriguez
Bought by
Rodriguez Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
9.99%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 4, 2005
Sold by
Cisneros Jose and Cisneros Maria
Bought by
Rodriguez Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
9.99%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 29, 2004
Sold by
Cisneros Jose and Cisneros Maria
Bought by
Cisneros Jose and Cisneros Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.8%
Mortgage Type
New Conventional
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
Marquez Alberto Luna $690,000 Wfg National Title
Avila David Martinez -- None Available
Martinez David $385,000 North American Title Company
Roque Eric $245,500 First American Title
Deutsche Bank National Trust Co $437,750 None Available
Rodriguez Sonia -- Southland Title
Rodriguez Sonia $525,000 Southland Title
Cisneros Jose -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Alberto Luna $517,500
Previous Owner Martinez David $310,973
Previous Owner Martinez David $325,600
Previous Owner Rodriguez Sonia $570,000
Previous Owner Rodriguez Sonia $78,750
Previous Owner Rodriguez Sonia $420,000
Previous Owner Cisneros Jose $187,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $690,000 +6.2% $397 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $650,000 -- $374 / 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 $10,302 $732,233 $424,483 $307,750
2024 $10,302 $717,876 $416,160 $301,716
2023 $9,878 $703,800 $408,000 $295,800
2022 $9,433 $690,000 $400,000 $290,000
2021 $8,514 $606,216 $353,626 $252,590
2020 $6,769 $454,404 $236,053 $218,351
2019 $6,535 $445,495 $231,425 $214,070
2018 $6,409 $436,761 $226,888 $209,873
2016 $6,150 $419,803 $218,079 $201,724
2015 $6,060 $413,498 $214,804 $198,694
2014 $6,064 $405,399 $210,597 $194,802
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21035914

California Regional Multiple Listing Service (CRMLS)

APN: 5247-019-021