NOT LISTED FOR SALE

5851 Denver Ave Los Angeles, CA 90044

Vermont-Slauson Neighborhood

Estimated Value: $761,000 - $3,238,805

4 Beds
2 Baths
1,586 Sq Ft
$1,008/Sq Ft Est. Value

Last Sold July 24, 2018

Last sale price $440,000 $277 Per Sq Ft

Est. 263% increase in value since last sale

Current estimated payment $8,988/month

259 Days on Market

About This Home

As of July 2018

2 Separate Homes on one lot. Front unit has 2 large bedrooms and 1 bathroom. Nice kitchen, Large front porch to enjoy California summers. Rear Unit also has 2 large bedrooms with new carpet and 1 full bathroom. Plus an additional bonus room with a three-quarter bathroom. Back private yard. Detached 1 car garage with long drive way for extra parking. Only 3 miles away from USC. 2 minuets to the 110 freeway connecting easily to the 10 or 105 freeway.

Last Agent to Sell the Property

GERARDO CORONA

DIVERSIFIED WORKS License #00941523 Listed on: 09/20/2017

Last Buyer's Agent

Nune Kajikyan

Nasha Inc. License #01198946

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,096

Year Built

  • Built in 1920

Lot Details

  • 5,198 Sq Ft Lot
  • No Common Walls
  • Lawn

Parking

  • 1 Car Garage

Home Design

  • 1,586 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 6004034008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $550
  • Water Sewer Expense $400
  • New Taxes Expense $6,563
  • Operating Expense $4,352
  • Gross Income $14,400
  • Net Operating Income $10,048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,096

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 562-463-9919
  • Property Attached: No
  • Water Sewer Expenses: 400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6004034008
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 277.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 5198.00

Multi Family

  • Gross Income: 14400.00
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 550.00
  • Net Operating Income: 10048.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 4352.00
  • Rent Control: Yes
  • Total Expenses: 4352.00

Tax Info

  • New Taxes Expense: 6563.00
  • Tax Census Tract: 2371.02
  • Tax Lot: 8
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2017
Closed on
Jul 18, 2018
Sold by
Munoz Jorge C and Munoz Maria H
Bought by
Ramirez Andres and Sanchez Griselda Cruz
Seller's Agent
GERARDO CORONA
DIVERSIFIED WORKS
Buyer's Agent
Nune Kajikyan
Nasha Inc.
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%
Current Estimated Value
$1,597,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,157,935
Avg. Annual Appreciation
19.62%
Original Mortgage
$432,030
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 20, 2017
Closed on
Jun 15, 2018
Sold by
Munoz Jorge C and Munoz Maria H
Bought by
Munoz Jorge C and Munoz Maria H
Seller's Agent
GERARDO CORONA
DIVERSIFIED WORKS
Buyer's Agent
Nune Kajikyan
Nasha Inc.
List Price
$525,000
Sold Price
$440,000
Premium/Discount to List
-$85,000
-16.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,030
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 2012
Sold by
Munoz Maria H
Bought by
The Jorge C Munoz & Maria H Munoz Living

Purchase Details

Closed on
Jan 28, 2004
Sold by
Munoz Jorge C
Bought by
Munoz Maria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2002
Sold by
Gonzalez Ambrosio
Bought by
Munoz Maria

Purchase Details

Closed on
Mar 29, 2002
Sold by
Alcaraz Investments Inc
Bought by
Gonzalez Ambrocio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
6.74%

Purchase Details

Closed on
Jun 25, 2001
Sold by
Hud
Bought by
Alcaraz Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.21%

Purchase Details

Closed on
Aug 30, 1999
Sold by
First Nationwide Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Jun 30, 1998
Sold by
Anderson Warren
Bought by
Pierce Curtis E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,167
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 1998
Sold by
Morris Coralynn
Bought by
Anderson Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,167
Interest Rate
6.88%
Mortgage Type
FHA
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
Ramirez Andres $2,240,000 Chicago Title Company
Munoz Jorge C -- Accommodation
The Jorge C Munoz & Maria H Munoz Living -- None Available
Munoz Maria H -- Ctc
Munoz Maria -- --
Gonzalez Ambrocio $180,000 South Coast Title Company
Alcaraz Investments Inc $125,000 South Coast Title
Hud -- --
First Nationwide Mtg Corp $179,864 --
Pierce Curtis E $178,000 Old Republic Title
Anderson Warren $100,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Andres $420,000
Closed Ramirez Andres $432,030
Previous Owner Munoz Maria H $186,500
Previous Owner Gonzalez Ambrocio $179,900
Previous Owner Alcaraz Investments Inc $12,700
Previous Owner Alcaraz Investments Inc $12,700
Previous Owner Alcaraz Investments Inc $140,000
Previous Owner Pierce Curtis E $166,167
Previous Owner Anderson Warren $93,800
Closed Anderson Warren $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2018 07/24/18 Sold $440,000 -11.8% $277 / Sq Ft
06/06/2018 06/06/18 Pending -- -- --
10/10/2017 10/10/17 Price Changed $499,000 -5.0% $315 / Sq Ft
09/20/2017 09/20/17 For Sale $525,000 -- $331 / 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 $6,096 $490,825 $334,654 $156,171
2024 $6,096 $481,202 $328,093 $153,109
2023 $5,985 $471,767 $321,660 $150,107
2022 $5,717 $462,517 $315,353 $147,164
2021 $5,640 $453,449 $309,170 $144,279
2020 $5,695 $448,800 $306,000 $142,800
2019 $5,916 $440,000 $300,000 $140,000
2018 $3,567 $280,020 $224,021 $55,999
2016 $3,402 $269,148 $215,323 $53,825
2015 $3,354 $265,106 $212,089 $53,017
2014 $3,379 $259,914 $207,935 $51,979
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    GERARDO CORONA

    DIVERSIFIED WORKS

    (562) 463-9919

    25 Total Sales

    GERARDO CORONA
    Section Image

  • N

    Buyer's Agent in 2018

    Nune Kajikyan

    Nasha Inc.

    (818) 383-4270

    52 Total Sales

    Nune Kajikyan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17217773

California Regional Multiple Listing Service (CRMLS)

APN: 6004-034-008

California Los Angeles County Los Angeles 90044 Vermont-Slauson

5851 Denver Ave, Los Angeles, CA

This home is located at 5851 Denver Ave, Los Angeles, CA 90044 since 20 September 2017 and is currently estimated at $1,597,935, approximately $1,007 per square foot. This property was built in 1920. 5851 Denver Ave is a home located in Los Angeles County with nearby schools including 61st Street Elementary School, John Muir Middle School, and Augustus F. Hawkins High A Critical Design And Gaming.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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