J
Seller's Agent in 2020
Jorge Jara
SoCal 5 Real Estate
(323) 712-5012
48 Total Sales
5959 W 85th Place Los Angeles, CA 90045
Westchester NeighborhoodEstimated Value: $1,110,000 - $1,309,000
2
Beds
2
Baths
1,196
Sq Ft
$1,006/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Bonus Room
- No HOA
- Traditional Architecture
- Granite Countertops
- Neighborhood Views
About This Home
As of April 2020—- Open houses are being canceled till further notice —INVESTOR GEM ! DUPLEX - Rare Opportunity to obtain 2 Remodeled units with 1 unit leased out and other VACANT ... Both units with CENTRAL A/C & Heat , Remodeled Kitchens . laminate wood flooring , Remodeled full bathrooms , Copper plumbing , Interior and exterior painting , Both units have spacious floor plans many recent upgrades both provide a comfortable living space to enjoy . Set on a 6,434 square feet corner lot with two driveways one for each unit .This ideal location offers easy access to the 405 Frwy ,Loyola Marymount University , Trader Joe's, CVS, Ralphs Market, etc., and minutes away from Westchester Golf, Playa Vista and LAX. The property is a true GEM and makes a great addition to any investor portfolio .
Last Agent to Sell the Property
SoCal 5 Real Estate License #01204137 Listed on: 03/15/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,257
Year Built
- Built in 1943 | Remodeled
Lot Details
- 6,431 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Block Wall Fence
- Fence is in fair condition
- Landscaped
- Density is 2-5 Units/Acre
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Converted Garage
- Two Garage Doors
- Driveway
- On-Street Parking
Home Design
- Duplex
- Traditional Architecture
- Additions or Alterations
- Raised Foundation
- Composition Roof
- Copper Plumbing
- Stucco
Interior Spaces
- 1,196 Sq Ft Home
- Recessed Lighting
- Double Pane Windows
- French Doors
- Bonus Room
- Neighborhood Views
Kitchen
- Gas Range
- Granite Countertops
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Shed
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 189
- Tax Tract Number 12989
- Assessor Parcel Number 4107020011
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $9,600
- Trash Expense $600
- Water Sewer Expense $1,164
- New Taxes Expense $10,625
- Operating Expense $21,989
- Gross Income $2,326
- Net Operating Income $2,326
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2020
Closed on
Apr 21, 2020
Sold by
Gochez Norma
Bought by
Young Kyle and Young Mark
Seller's Agent
Jorge Jara
SoCal 5 Real Estate
Buyer's Agent
Kyle Young
3L Properties, Inc.
List Price
$849,900
Sold Price
$905,000
Premium/Discount to List
$55,100
6.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,682
Avg. Annual Appreciation
5.32%
Original Mortgage
$588,250
Outstanding Balance
$518,982
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$684,700
Purchase Details
Listed on
Apr 27, 2017
Closed on
Nov 1, 2017
Sold by
Gochez Norma
Bought by
Gochez Norma
Seller's Agent
Patricia Crockett
CCR Properties, Inc.
Buyer's Agent
Esdras Zaldana
List Price
$840,000
Sold Price
$735,000
Premium/Discount to List
-$105,000
-12.5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.47%
Purchase Details
Closed on
Aug 3, 2017
Sold by
Wald Werner
Bought by
Gochez Norma and Castro Erick Interiano
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,290
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 25, 2013
Sold by
Wald Werner
Bought by
Wald Werner and Wald Josephine
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Young Kyle | $905,000 | Fidelity National Title Co | |
| Young Mark | -- | Fidelity National Title Co | |
| Young Kyle | -- | Fidelity National Title Co | |
| Gochez Norma | -- | None Available | |
| Gochez Norma | $735,000 | Provident Title | |
| Wald Werner | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Young Kyle | $588,250 | |
| Previous Owner | Gochez Norma | $598,290 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/27/2020 04/27/20 | Sold | $905,000 | +6.5% | $757 / Sq Ft | |
| 03/20/2020 03/20/20 | Pending | -- | -- | -- | |
| 03/15/2020 03/15/20 | For Sale | $849,900 | +15.6% | $711 / Sq Ft | |
| 10/05/2017 10/05/17 | Sold | $735,000 | -12.5% | $615 / Sq Ft | View Prior Sale |
| 08/07/2017 08/07/17 | Pending | -- | -- | -- | |
| 04/27/2017 04/27/17 | For Sale | $840,000 | -- | $702 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,257 | $1,422,643 | $595,337 | $827,306 |
| 2024 | $17,257 | $1,394,749 | $583,664 | $811,085 |
| 2023 | $16,928 | $1,367,402 | $572,220 | $795,182 |
| 2022 | $11,109 | $923,100 | $561,000 | $362,100 |
| 2021 | $11,084 | $914,375 | $560,749 | $353,626 |
| 2020 | $9,514 | $764,694 | $624,240 | $140,454 |
| 2019 | $1,310 | $82,909 | $59,231 | $23,678 |
| 2018 | $1,215 | $81,284 | $58,070 | $23,214 |
| 2016 | $1,156 | $78,129 | $55,816 | $22,313 |
| 2015 | $1,142 | $76,956 | $54,978 | $21,978 |
| 2014 | $1,163 | $75,450 | $53,902 | $21,548 |
Source: Public Records
Agents Affiliated with this Home
-
Jorge Jara
-
Kyle Young
Buyer's Agent in 2020
Kyle Young
3L Properties, Inc.
(213) 291-0701
6 in this area
17 Total Sales
-
Patricia Crockett
P
Seller's Agent in 2017
Patricia Crockett
CCR Properties, Inc.
(310) 505-5793
8 in this area
18 Total Sales
-
E
Buyer's Agent in 2017
Esdras Zaldana
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW20057034
APN: 4107-020-011
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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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