NOT LISTED FOR SALE

5897 Converse Ave Los Angeles, CA 90001

Estimated Value: $569,000 - $884,000

4 Beds
2 Baths
1,764 Sq Ft
$427/Sq Ft Est. Value

Last Sold April 15, 2014

Last sale price $235,000 $133 Per Sq Ft

Est. 221% increase in value since last sale

Current estimated payment $4,571/month

321 Days on Market

About This Home

As of April 2014

GREAT LOCATION, GREAT STARTER, CLOSE TO SCHOOLS, AND FREEWAYS

Last Agent to Sell the Property

Max Pealyo

AGR and Associates License #01162944 Listed on: 05/15/2012

Last Buyer's Agent

Lubin Montalvo

PAK HOME REALTY License #01770231

PAK HOME REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,656

Year Built

  • Built in 1924

Lot Details

  • 7,209

Parking

  • 3 Parking Spaces

Home Design

  • 1,764 Sq Ft Home
  • Stucco

Additional Features

  • 7,209 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 76
  • Tax Tract Number 76
  • Assessor Parcel Number 6008038014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,656

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6008038014
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 133.22

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7209.00
  • Lot Size Acres: 0.1650

Multi Family

  • Lot Size Area: 7209.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 1193
  • Tax Lot: 76
  • Tax Tract Number: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 17, 2014
Sold by
Peniche Investments Llc
Bought by
Cavada Salvador
Current Estimated Value
$753,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,584
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 15, 2012
Closed on
May 4, 2014
Sold by
Peniche Investments Llc
Bought by
Peniche Investments Llc and Eco Modular Inc
Seller's Agent
Max Pealyo
AGR and Associates
Buyer's Agent
Lubin Montalvo
PAK HOME REALTY
List Price
$190,000
Sold Price
$235,000
Premium/Discount to List
$45,000
23.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.87%
Original Mortgage
$7,800
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 15, 2012
Closed on
Apr 10, 2014
Sold by
Avila Jorge and Intervivos Trust #Re454974023u
Bought by
Avila Jorge
Seller's Agent
Max Pealyo
AGR and Associates
Buyer's Agent
Lubin Montalvo
PAK HOME REALTY
List Price
$190,000
Sold Price
$235,000
Premium/Discount to List
$45,000
23.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,800
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 15, 2012
Closed on
Feb 20, 2014
Sold by
Avila Jorge
Bought by
Peniche Investments Llc
Seller's Agent
Max Pealyo
AGR and Associates
Buyer's Agent
Lubin Montalvo
PAK HOME REALTY
List Price
$190,000
Sold Price
$235,000
Premium/Discount to List
$45,000
23.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
4.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2011
Sold by
Moore Donald
Bought by
Avila Jorge Luis and Jorge Luis Avila Estate

Purchase Details

Closed on
Aug 15, 2011
Sold by
Avila Jorge
Bought by
Intervivos Trust #Re454974023

Purchase Details

Closed on
May 19, 2006
Sold by
Castaneda Teresa Estrella
Bought by
Avila Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
6.46%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 21, 2004
Sold by
Chavez Manuel Lizardo and Castaneda Teresa Estrella
Bought by
Castaneda Teresa Estrella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 1995
Sold by
Chavez Manuel Lizardo and Castaneda Teresa Estrella
Bought by
Chavez Manuel Lizardo and Castaneda Teresa Estrella

Purchase Details

Closed on
Oct 7, 1993
Sold by
Avalos Jorge and Avalos Martha
Bought by
Chavez Manuel Lizardo and Castaneda Teresa Estrella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,809
Interest Rate
6.89%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 27, 1993
Sold by
Scharbarth Iva and The Della Austin Revocable Liv
Bought by
Avalos Jorge and Avalos Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.28%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Cavada Salvador $380,000 Stewart Title
Peniche Investments Llc -- None Available
Avila Jorge -- Stewart Title Company
Peniche Investments Llc $235,000 Stewart Title Company
Avila Jorge Luis -- None Available
Intervivos Trust #Re454974023 -- None Available
Avila Jorge $480,000 None Available
Castaneda Teresa Estrella -- Gateway Title Company
Chavez Manuel Lizardo -- --
Chavez Manuel Lizardo $157,000 Gateway Title
Avalos Jorge $95,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavada Salvador $384,000
Closed Cavada Salvador $395,807
Closed Cavada Salvador $360,213
Previous Owner Cavada Salvador $359,584
Previous Owner Peniche Investments Llc $7,800
Previous Owner Peniche Investments Llc $214,500
Previous Owner Avila Jorge $456,000
Previous Owner Castaneda Teresa Estrella $240,000
Previous Owner Chavez Manuel Lizardo $184,000
Previous Owner Chavez Manuel Lizardo $29,000
Previous Owner Chavez Manuel Lizardo $13,895
Previous Owner Chavez Manuel Lizardo $154,809
Previous Owner Avalos Jorge $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2014 04/15/14 Sold $235,000 +23.7% $133 / Sq Ft
04/01/2013 04/01/13 Pending -- -- --
05/15/2012 05/15/12 For Sale $190,000 -- $108 / 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 $6,656 $456,692 $308,268 $148,424
2024 $6,656 $447,738 $302,224 $145,514
2023 $6,381 $438,960 $296,299 $142,661
2022 $6,101 $430,354 $290,490 $139,864
2021 $6,031 $421,917 $284,795 $137,122
2020 $6,072 $417,591 $281,875 $135,716
2019 $5,855 $409,404 $276,349 $133,055
2018 $5,701 $401,378 $270,931 $130,447
2016 $5,461 $385,794 $260,411 $125,383
2015 $5,380 $380,000 $256,500 $123,500
2014 $4,409 $290,686 $109,942 $180,744
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1202761

California Regional Multiple Listing Service (CRMLS)

APN: 6008-038-014