NOT LISTED FOR SALE

601 Hoefner Ave Los Angeles, CA 90022

Estimated Value: $794,000 - $867,427

5 Beds
3 Baths
1,910 Sq Ft
$437/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $610,000 $319 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,241/month

4 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 1-Story Property
  • No HOA

About This Home

As of February 2021

Great Investment Duplex income Property. Two separate house's in prime area of Los Angeles. First unit 3 bathrooms 2 baths, 2nd unit 2 bathrooms 1 bath, 2 car garage. Property is within walking distance to Schools, Public transport, Major Shopping stores and freeway access.

Last Agent to Sell the Property

Jose Escobar

UPTOWN REALTORS License #01336812 Listed on: 01/20/2021

Last Buyer's Agent

Jose Escobar

UPTOWN REALTORS License #01336812 Listed on: 01/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,792

Year Built

  • Built in 1930

Lot Details

  • 5,542 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 1,910 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Listing and Financial Details

  • Tax Lot 243
  • Tax Tract Number 5445
  • Assessor Parcel Number 6341030036

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $1,000
  • Insurance Expense $600
  • Trash Expense $220
  • Water Sewer Expense $1,000
  • Operating Expense $2,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,792

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Other Phone Number: 3239972155
  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6341030036
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 319.37
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 220.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5542.00
  • Lot Size Acres: 0.1272

Multi Family

  • Electric Expense: 1000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5542.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 2820.00

Tax Info

  • Tax Census Tract: 5317.01
  • Tax Lot: 243
  • Tax Tract Number: 5445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2021
Sold by
Lee Stephanie
Bought by
Gee And Daughter Investment Llc
Current Estimated Value
$833,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$455,635
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$378,222

Purchase Details

Closed on
Jun 15, 2021
Sold by
Lee Stephanie
Bought by
Gee And Daughter Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$455,635
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$378,222

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 5, 2021
Sold by
Gee Jin Song
Bought by
Lee Stephanie
Seller's Agent
Jose Escobar
UPTOWN REALTORS
Buyer's Agent
Jose Escobar
UPTOWN REALTORS
List Price
$590,000
Sold Price
$610,000
Premium/Discount to List
$20,000
3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.13%
Original Mortgage
$91,000
Interest Rate
2.6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 20, 2021
Closed on
Jan 27, 2021
Sold by
Najera Idalia Escobar
Bought by
Lee Stephanie
Seller's Agent
Jose Escobar
UPTOWN REALTORS
Buyer's Agent
Jose Escobar
UPTOWN REALTORS
List Price
$590,000
Sold Price
$610,000
Premium/Discount to List
$20,000
3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
2.6%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Jan 20, 2021
Closed on
Dec 14, 2020
Sold by
Castillo Maria
Bought by
Najera Idalia Escobar
Seller's Agent
Jose Escobar
UPTOWN REALTORS
Buyer's Agent
Jose Escobar
UPTOWN REALTORS
List Price
$590,000
Sold Price
$610,000
Premium/Discount to List
$20,000
3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
2.6%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 16, 2017
Sold by
Najera Maria Elena and Najera Idalia Escobar
Bought by
Najera Maria Elena and Najera Idalia Escobar

Purchase Details

Closed on
Feb 24, 2014
Sold by
Najera Maria Elena
Bought by
Najera Maria Elena and Najera Idalia Escobar

Purchase Details

Closed on
Dec 16, 2004
Sold by
Tovalin Antonio
Bought by
Najera Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
5.81%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 8, 2002
Sold by
Rodriguez Rudy
Bought by
Tovalin Antonio and Najera Maria Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,500
Interest Rate
7.25%

Purchase Details

Closed on
May 7, 2002
Sold by
Tovar Leticia O
Bought by
Rodriguez Rudy

Purchase Details

Closed on
Apr 5, 2002
Sold by
Hud
Bought by
Tovar Leticia O

Purchase Details

Closed on
Sep 29, 2001
Sold by
Magallanes Arturo and Magallanes Ana
Bought by
Firstar Bank Na and Star Bank Na

Purchase Details

Closed on
Jan 22, 2001
Sold by
First Bank Na
Bought by
Hud

Purchase Details

Closed on
May 20, 1998
Sold by
Carrillo Elia
Bought by
Carrillo Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,792
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 24, 1998
Sold by
Valenzuela Laura
Bought by
Magallanes Arturo and Magallanes Ana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,792
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1998
Sold by
First Alliance Mtg Company
Bought by
Valenzuela Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,792
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 1998
Sold by
Pantages Raymond C and Pantages Raymond Christopher
Bought by
First Alliance Mtg Company
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
Gee And Daughter Investment Llc -- Pacific Coast Title Company
Gee And Daughter Investment Llc -- None Listed On Document
Lee Stephanie -- Old Republic Title
Lee Stephanie $610,000 Old Republic Title
Najera Idalla Escobar -- Old Republic Title Company
Najera Idalia Escobar -- Old Republic Title Company
Najera Maria Elena -- None Available
Najera Maria Elena -- None Available
Najera Maria Elena -- Ticor Title Company
Tovalin Antonio $219,500 Commerce Title
Rodriguez Rudy -- --
Tovar Leticia O $165,000 First Southwestern Title Co
Firstar Bank Na $162,139 Benefit Land Title Ins Co
Hud -- Benefit Land Title Ins Co
Carrillo Arnulfo -- Fidelity National Title Ins
Magallanes Arturo $145,000 Fidelity National Title Ins
Valenzuela Laura $75,000 American Title Ins Co
First Alliance Mtg Company $102,470 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gee And Daughter Investment Ll $179,000
Closed Gee And Daughter Investment Ll $142,000
Open Gee And Daughter Investment Llc $500,000
Previous Owner Lee Stephanie $91,000
Previous Owner Lee Stephanie $91,000
Previous Owner Lee Stephanie $397,000
Previous Owner Najera Maria Elena $400,000
Previous Owner Najera Maria Elena $45,000
Previous Owner Najera Maria Elena $240,000
Previous Owner Tovalin Antonio $219,500
Previous Owner Magallanes Arturo $142,792
Previous Owner Valenzuela Laura $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2021 02/12/21 Sold $610,000 +3.4% $319 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $590,000 +126.9% $309 / Sq Ft
12/30/2016 12/30/16 Sold $260,000 +2.0% $136 / Sq Ft
09/15/2016 09/15/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $255,000 -- $134 / 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 $8,792 $660,281 $462,197 $198,084
2024 $8,792 $647,335 $453,135 $194,200
2023 $8,978 $663,774 $465,058 $198,716
2022 $8,348 $622,200 $435,540 $186,660
2021 $6,636 $483,770 $254,586 $229,184
2020 $6,590 $478,810 $251,976 $226,834
2019 $6,396 $469,423 $247,036 $222,387
2018 $6,478 $460,220 $242,193 $218,027
2017 $6,341 $451,197 $237,445 $213,752
2016 $6,207 $442,351 $232,790 $209,561
2015 $5,859 $435,708 $229,294 $206,414
2014 $5,793 $427,174 $224,803 $202,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21012212

California Regional Multiple Listing Service (CRMLS)

APN: 6341-030-036