NOT LISTED FOR SALE

5840 Via Corona St Los Angeles, CA 90022

Estimated Value: $788,000 - $977,018

4 Beds
3 Baths
1,965 Sq Ft
$448/Sq Ft Est. Value

Last Sold April 25, 2014

Last sale price $505,000 $257 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,498/month

7 Days on Market

Highlights

  • Spanish Architecture
  • Laundry Room
  • Wrought Iron Fence
  • James A. Garfield Senior High School Rated A
  • Tile Flooring
  • Level Lot

About This Home

As of April 2014

Charming newly remodeled Spanish-style duplex home in East LA ready for move-in today! Whether you are an investor or a potential homeowner looking to lease out the second unit, this property is the perfect opportunity! Both units boast gorgeous newly refinished hardwood flooring in the living rooms! And each unit features its own newly remodeled chef’s kitchen complete with new tile floors, new cabinets, and stunning new granite counters! (Appliances MAY be negotiable with strong offers) The pristinely remodeled bathrooms boast new tiling as well as elegant new vanities and beautifully tiled shower walls! There is a private backyard with plenty of room for entertaining and BBQs! Brand new carpet in the bedrooms; freshly painted interior/exterior; spacious two car garage; laundry hook-ups for both units; located within minutes of schools, parks, Downtown, East LACC, Montebello Golf Course, and the 710, 60, & 5 freeways. A fantastic owner/investor opportunity.

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 03/17/2014

Last Buyer's Agent

CHRISTINE FLORES

JFI REALTY License #01050420

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,535

Year Built

  • Built in 1938

Lot Details

  • 5,933 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 2 Car Garage

Home Design

  • Spanish Architecture
  • Composition Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,965 Sq Ft Home
  • Wood Burning Fireplace
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Laundry in Kitchen

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 152
  • Tax Tract Number 10681
  • Assessor Parcel Number 6342008009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,800
  • Net Operating Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,535

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 6342008009
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate, Carpet, Tile
  • Fireplace Features: Living Room, Wood Burning
  • Price Per Square Foot: 257.00
  • Room Type: Living Room

Exterior Features

  • Fencing: Block, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Clay, Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, In Kitchen
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level, Sprinklers In Front
  • Lot Size Sq Ft: 5933.00
  • Lot Size Acres: 0.1360

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Lot Size Area: 5933.0000 Square Feet
  • Net Operating Income: 33600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 152
  • Tax Tract Number: 10681
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 16, 2014
Sold by
Martingale Investments Llc
Bought by
Almanza Camerino and Almanza Irene
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
CHRISTINE FLORES
JFI REALTY
List Price
$499,900
Sold Price
$505,000
Premium/Discount to List
$5,100
1.02%
Current Estimated Value
$880,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,255
Avg. Annual Appreciation
5.20%
Original Mortgage
$135,000
Outstanding Balance
$103,146
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$794,686

Purchase Details

Closed on
Aug 20, 2013
Sold by
Chavez Raul Navarro
Bought by
Martingale Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
4.36%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 2, 2012
Sold by
Chavez Raul N
Bought by
Chavez Raul and Lopez Estella

Purchase Details

Closed on
Nov 14, 2011
Sold by
Chavez Raul N
Bought by
Crown Point Inc

Purchase Details

Closed on
Nov 10, 2011
Sold by
Chavez Raul N
Bought by
Chavez Raul N and Vega Ricardo P

Purchase Details

Closed on
Feb 1, 2005
Sold by
Diaz Oliver and Vega Jose R
Bought by
Chavez Raul N

Purchase Details

Closed on
Sep 26, 2003
Sold by
Morales Jose L
Bought by
Chavez Raul Navarro

Purchase Details

Closed on
Dec 7, 1995
Sold by
Emc Mtg Corp
Bought by
Diaz Oliver and Vega Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,915
Interest Rate
7.34%
Mortgage Type
FHA

Purchase Details

Closed on
May 1, 1995
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Apr 3, 1995
Sold by
Diaz Jose S and Chavez Hugo Guillermo
Bought by
Great Western Bank Fsb
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
Almanza Camerino $505,000 Title 365
Martingale Investments Llc $312,000 Title 365
Chavez Raul -- None Available
Crown Point Inc -- None Available
Chavez Raul N -- None Available
Chavez Raul N -- --
Chavez Raul Navarro -- --
Diaz Oliver $186,500 Chicago Title Co
Emc Mtg Corp $113,500 Chicago Title Insurance Co
Great Western Bank Fsb $146,369 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almanza Camerino $135,000
Previous Owner Martingale Investments Llc $0
Previous Owner Chavez Raul Navarro $430,500
Previous Owner Chavez Raul Navarro $339,000
Previous Owner Diaz Oliver $177,915
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2014 04/25/14 Sold $505,000 +1.0% $257 / Sq Ft
03/24/2014 03/24/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $499,900 -- $254 / 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 $8,535 $619,049 $373,883 $245,166
2024 $8,535 $606,911 $366,552 $240,359
2023 $8,223 $595,012 $359,365 $235,647
2022 $7,846 $583,346 $352,319 $231,027
2021 $7,756 $571,909 $345,411 $226,498
2020 $7,813 $566,046 $341,870 $224,176
2019 $7,523 $554,948 $335,167 $219,781
2018 $7,395 $544,068 $328,596 $215,472
2016 $7,085 $522,943 $315,837 $207,106
2015 $6,978 $515,089 $311,093 $203,996
2014 $5,491 $380,000 $200,000 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW14055007

California Regional Multiple Listing Service (CRMLS)

APN: 6342-008-009