NOT LISTED FOR SALE

Estimated Value: $768,000 - $876,484

4 Beds
2 Baths
1,693 Sq Ft
$494/Sq Ft Est. Value

Last Sold November 27, 2019

Last sale price $660,000 $390 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,283/month

76 Days on Market

Highlights

  • Corner Lot
  • Up Slope from Street
  • Laundry Room
  • Private Yard
  • Living Room
  • No Interior Steps

About This Home

As of November 2019

Excellent investment opportunity. Two on a lot with two bedrooms and one bath each (public records show a total of 3/2, buyer to confirm). The units are centrally located near the new Ram Stadium, the soon to be rejuvenated Crensaw corridor, DTLA. LAX and many Eateries. Invest and save by renting one unit and living in the other. Each unit is separately metered.

Schedule your appointment to view today!

Last Agent to Sell the Property

Jerol Crawford

Jerold Crawford License #01331482 Listed on: 06/29/2019

Last Buyer's Agent

Roland Vandenberg

Real Brokerage Technologies License #02001399

Real Brokerage Technologies

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,790

Year Built

  • Built in 1926

Lot Details

  • 4,801 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Up Slope from Street

Interior Spaces

  • 1,693 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Utilities

  • Floor Furnace
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Gas Water Heater
  • Private Sewer
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 16 / 7
  • Tax Tract Number 4515
  • Assessor Parcel Number 4005012016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $780
  • Insurance Expense $1,440
  • Trash Expense $300
  • New Taxes Expense $8,750
  • Operating Expense $12,270
  • Gross Income $27,480
  • Net Operating Income $15,210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,790

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 4005012016
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 389.84
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Vented Exhaust Fan
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Private Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Landscaped, Up Slope from Street, Yard
  • Lot Size Sq Ft: 4801.00
  • Lot Size Acres: 0.1102

Multi Family

  • Gross Income: 27480.00
  • Gross Scheduled Income: 27480.00
  • Insurance Expense: 1440.00
  • Lot Size Area: 4801.0000 Square Feet
  • Net Operating Income: 15210.00
  • 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: 12270.00
  • Rent Control: Yes
  • Total Actual Rent: 2290.00
  • Total Expenses: 12270.00

Tax Info

  • New Taxes Expense: 8750.00
  • Tax Block: 7
  • Tax Census Tract: 2347.00
  • Tax Lot: 16
  • Tax Tract Number: 4515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 9, 2023
Sold by
Vega Luis Valle
Bought by
Vega Luis Valle
Current Estimated Value
$836,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,100
Outstanding Balance
$127,273
Interest Rate
6.33%
Mortgage Type
Credit Line Revolving
Estimated Equity
$703,896

Purchase Details

Closed on
Sep 16, 2019
Sold by
Burney Charl E
Bought by
Vega Luis Valle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Dec 8, 2005
Sold by
Burney Michael D
Bought by
Burney Michael D and Burney Charl E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vega Luis Valle -- Old Republic Title Company
Vega Luis Valle -- Old Republic Title Company
Vega Luis Valle $660,000 Orange Coast Title
Burney Michael D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vega Luis Valle $131,100
Previous Owner Vega Luis Valle $654,260
Previous Owner Vega Luis Valle $660,000
Previous Owner Burney Michael D $92,000
Previous Owner Burney Michael D $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $660,000 -5.7% $390 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
06/29/2019 06/29/19 For Sale $700,000 -- $413 / 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 $8,790 $721,803 $612,440 $109,363
2024 $8,790 $707,651 $600,432 $107,219
2023 $8,625 $693,776 $588,659 $105,117
2022 $10,223 $680,173 $577,117 $103,056
2021 $8,124 $666,837 $565,801 $101,036
2020 $8,205 $660,000 $560,000 $100,000
2019 $3,077 $237,758 $174,364 $63,394
2018 $3,021 $233,097 $170,946 $62,151
2016 $2,878 $224,048 $164,309 $59,739
2015 $2,838 $220,683 $161,841 $58,842
2014 $2,862 $216,361 $158,671 $57,690
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN19143141

California Regional Multiple Listing Service (CRMLS)

APN: 4005-012-016