NOT LISTED FOR SALE

Estimated Value: $752,000 - $865,815

2 Beds
1 Bath
1,820 Sq Ft
$443/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $695,000 $382 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,130/month

137 Days on Market

About This Home

As of January 2022

Great investment opportunity!
These 2 separate homes in 1 lot, are located in the heart of Los Angeles, CA.
Each unit consist of 2 bedrooms, 1 bath. 1. 2 car garage between both homes.
The lot is an R2 corner lot . One house faces Dever Ave and the other, faces 59Th St.
Both homes are currently rented.

TO SEE THIS PROPERTIES, PLEASE MAKE YOUR APPOINTMENT 72 HOURS PREVIOUS TO THE VIEWING.

Last Agent to Sell the Property

Raul Duran-Sandoval

Excellence RE Real Estate, Inc. License #02020595 Listed on: 08/30/2021

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Jared Nunez

Ambiance Realty License #01961731

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,953

Year Built

  • Built in 1923

Lot Details

  • 5,934 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Listing and Financial Details

  • Legal Lot and Block 1 / C
  • Tax Tract Number 2371
  • Assessor Parcel Number 6004030010
  • $345 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,953

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 349500
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6004030010
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 381.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5934.00
  • Lot Size Acres: 0.1362

Multi Family

  • Lot Size Area: 5934.0000 Square Feet
  • 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: Yes

Tax Info

  • Tax Block: C
  • Tax Census Tract: 2371.02
  • Tax Lot: 1
  • Tax Tract Number: 2371
  • TaxOtherAnnualAssessmentAmount: 345.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Guzman Fonseca Rodulio
Bought by
Shin Lana
Current Estimated Value
$806,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$710,985
Interest Rate
3.11%
Mortgage Type
VA

Purchase Details

Closed on
Mar 1, 2006
Sold by
Reyes Francisco
Bought by
Fonseca Rodulio Guzman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2001
Sold by
Reyes Miguel and Reyes Felipe
Bought by
Reyes Francisco
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
Shin Lana $695,000 Wfg National Title Insurance C
Fonseca Rodulio Guzman $520,000 Chicago Title
Reyes Francisco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shin Lana $710,985
Previous Owner Fonseca Rodulio Guzman $416,000
Previous Owner Reyes Francisco $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $695,000 -0.6% $382 / Sq Ft
01/14/2022 01/14/22 Pending -- -- --
08/30/2021 08/30/21 For Sale $699,000 -- $384 / 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 $8,953 $737,539 $530,604 $206,935
2024 $8,953 $723,078 $520,200 $202,878
2023 $8,869 $708,900 $510,000 $198,900
2022 $8,088 $669,619 $540,853 $128,766
2021 $7,981 $656,491 $530,249 $126,242
2020 $6,262 $500,000 $403,900 $96,100
2019 $6,018 $490,000 $392,000 $98,000
2018 $6,034 $490,000 $392,000 $98,000
2016 $4,556 $370,000 $296,000 $74,000
2015 $4,557 $370,000 $296,000 $74,000
2014 $3,879 $305,000 $244,000 $61,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21190159

California Regional Multiple Listing Service (CRMLS)

APN: 6004-030-010