Seller's Agent in 2022
Elsa Kim
Arroyo Seco Realty Corp.
(323) 240-8731
1 in this area
32 Total Sales
567 E Avenue 28 Los Angeles, CA 90031
Lincoln Heights NeighborhoodEstimated Value: $862,000 - $1,245,190
4
Beds
2
Baths
2,016
Sq Ft
$487/Sq Ft
Est. Value
Highlights
- City Lights View
- Traditional Architecture
- Private Yard
- Abraham Lincoln High School Rated A
- Wood Flooring
- Cul-De-Sac
About This Home
As of December 2022Amazing opportunity to purchase a charming, well sized up/down duplex, and either live in one, and have the second help with the mortgage, or rent both as an investment. Located on a tree lined cul-de-sac street in Lincoln Heights and situated at the base of Montecito Heights. Both units are identical, and each is a little over 1,000 square feet, with 2 bedrooms and 1 bathroom. The bottom unit was remodeled approximately 3 1/2 years ago with new dual pane windows and an updated kitchen. Both units have hard wood floors, the bottom has a front porch, and the top unit has views of downtown from the front entrance. The living rooms are well proportioned, with separate dining rooms that lead to the galley kitchens; in addition, each has its own inside laundry area. There is a detached 2 car garage in the back that each unit shares, with a long driveway. The units are completely gated and are minutes from all of the action in Highland Park.
Last Agent to Sell the Property
Arroyo Seco Realty Corp. License #00647376 Listed on: 10/24/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,618
Year Built
- Built in 1957
Lot Details
- 6,504 Sq Ft Lot
- 1 Common Wall
- Cul-De-Sac
- Wrought Iron Fence
- Private Yard
Parking
- 2 Car Garage
- Parking Available
- Driveway
Property Views
- City Lights
- Mountain
- Neighborhood
Home Design
- 2,016 Sq Ft Home
- Duplex
- Traditional Architecture
- Cosmetic Repairs Needed
- Raised Foundation
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Legal Lot and Block 35 / 3
- Tax Tract Number 21
- Assessor Parcel Number 5206019028
- $321 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $32,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 2024
Sold by
Baca Robert C and Baca Angelica D
Bought by
Baca Robert C and Baca Angelica D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,775
Outstanding Balance
$735,567
Interest Rate
6.77%
Mortgage Type
FHA
Estimated Equity
$256,002
Purchase Details
Listed on
Oct 24, 2022
Closed on
Nov 16, 2022
Sold by
Richard Fong And Susan J Fong Trust
Bought by
Baca Robert C and Baca Angelica
Seller's Agent
Elsa Kim
Arroyo Seco Realty Corp.
Buyer's Agent
IRENE QUINONES
RE/MAX OLYMPIC
List Price
$758,000
Sold Price
$758,000
Views
6
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.58%
Original Mortgage
$744,270
Interest Rate
6.61%
Purchase Details
Closed on
May 19, 2011
Sold by
Fong Susan J and Richard Fong & Susan J Fong Tr
Bought by
Fong Susan J and Richard Fong & Susan J Fong Trust
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 |
|---|---|---|---|
| Baca Robert C | -- | Western Resources Title | |
| Baca Robert C | $758,000 | California Best Title | |
| Baca Angelica | -- | California Best Title | |
| Fong Susan J | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baca Robert C | $742,775 | |
| Previous Owner | Baca Robert C | $744,270 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $758,000 | 0.0% | $376 / Sq Ft |
| 11/22/2022 11/22/22 | For Sale | $758,000 | 0.0% | $376 / Sq Ft |
| 11/21/2022 11/21/22 | Pending | -- | -- | -- |
| 11/17/2022 11/17/22 | Off Market | $758,000 | -- | -- |
| 10/24/2022 10/24/22 | For Sale | $758,000 | -- | $376 / 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 | $9,618 | $788,623 | $590,947 | $197,676 |
| 2024 | $9,618 | $773,160 | $579,360 | $193,800 |
| 2023 | $9,434 | $758,000 | $568,000 | $190,000 |
| 2022 | $1,173 | $71,796 | $17,066 | $54,730 |
| 2021 | $1,148 | $70,389 | $16,732 | $53,657 |
| 2019 | $1,119 | $68,303 | $16,237 | $52,066 |
| 2018 | $1,072 | $66,965 | $15,919 | $51,046 |
| 2016 | $1,004 | $64,366 | $15,301 | $49,065 |
| 2015 | $993 | $63,400 | $15,072 | $48,328 |
| 2014 | $1,011 | $62,159 | $14,777 | $47,382 |
Source: Public Records
Agents Affiliated with this Home
-
Elsa Kim
-
Jeffrey Hutchens
Seller Co-Listing Agent in 2022
Jeffrey Hutchens
Arroyo Seco Realty Corp.
(323) 254-3966
1 in this area
32 Total Sales
-
IRENE QUINONES
Buyer's Agent in 2022
IRENE QUINONES
RE/MAX
2 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD22228538
APN: 5206-019-028
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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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