NOT LISTED FOR SALE

6020 S Vermont Ave Unit A,B,C Los Angeles, CA 90044

Vermont-Slauson Neighborhood

Estimated Value: $982,000 - $1,345,000

10 Beds
5 Baths
3,868 Sq Ft
$291/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $830,000 $215 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,905/month

Highlights

  • Contemporary Architecture
  • Neighborhood Views
  • More Than Two Accessible Exits
  • Granite Countertops
  • Laundry Room
  • Accessible Parking

About This Home

As of June 2020

DRIVE BY ONLY, DO NOT DISTURB TENANTS PLEASE.
Excellent Investment opportunity to own in S. Vermont, this 3 unit family property features spacious Two (2) units counts with 4 Bedrooms 2 bath, One on first floor, unit was complete remodeled 3 years ago, Other one on the second floor, One (1) on the second floor as well, counts with 2 Bedrooms and 1 bath, all units with thankless water heater.
Conveniently located minutes away from LAUSC, Down Town Los Angeles, Exposition Park and newly built B/California Stadium, walking distance to schools, shopping areas, transportation and much more, easy access to 110 FWY. The 105 and 10 are just minutes away.

Last Agent to Sell the Property

Maribel Villalobos

Twin Homes & Loans License #01818908 Listed on: 03/03/2020

Last Buyer's Agent

Maribel Villalobos

Twin Homes & Loans License #01818908 Listed on: 03/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,228

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 5,444 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 3,868 Sq Ft Home
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Granite Countertops

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 5
  • Tax Tract Number 2274
  • Assessor Parcel Number 6004010039

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,440
  • Other Expense $250
  • Water Sewer Expense $4,200
  • New Taxes Expense $7,230
  • Operating Expense $12,121
  • Gross Income $60,480
  • Net Operating Income $47,361

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,228

Year Built

Built in 1964 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.51
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 4200.00
  • Zoning: LAC2
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6004010039
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 214.58

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Flat
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • 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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5444.00
  • Lot Size Acres: 0.1250

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 60480.00
  • Gross Operating Income: 60480.00
  • Gross Scheduled Income: 60480.00
  • Insurance Expense: 1440.00
  • Lot Size Area: 5444.0000 Square Feet
  • Net Operating Income: 47360.50
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 13119.50
  • Other Expense: 250.00
  • Other Expense Description: HCIDLA
  • Rent Control: Yes
  • Total Actual Rent: 60480.00
  • Total Expenses: 12121.00

Tax Info

  • New Taxes Expense: 7229.50
  • Tax Census Tract: 2371.01
  • Tax Lot: 5
  • Tax Tract Number: 2274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Eng Pheng Heang
Bought by
Ngan Mike Hong
Current Estimated Value
$1,125,830

Purchase Details

Listed on
Nov 26, 2018
Closed on
Jun 17, 2019
Sold by
Hod Properties Llc
Bought by
Kadir Abdul and Kadir Rumana
Seller's Agent
Maribel Villalobos
Twin Homes & Loans
Buyer's Agent
Stewart Hizey
Century 21 Masters-Nipomo
List Price
$865,000
Sold Price
$735,000
Premium/Discount to List
-$130,000
-15.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$588,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2016
Sold by
Herrera Abel
Bought by
Hod Properties Llc

Purchase Details

Closed on
Jul 3, 2013
Sold by
Avendano Mynor E
Bought by
Herrera Abel and Herrera Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2010
Sold by
Parada Jose and Parada Carolina
Bought by
Avendano Mynor E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,820
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2006
Sold by
Parada Carolina A and Morales Antonieta
Bought by
Parada Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,500
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 29, 2004
Sold by
Campos Jorge Felix
Bought by
Parada Carolina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 2004
Sold by
Paul Aura
Bought by
Campos Jorge Felix

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 2003
Sold by
Quinteros Ramiro Adrian and Quinteros Rosa Emma
Bought by
Paul Aura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1998
Sold by
Quinteros Ramiro Adrian and Quinteros Rosa Emma
Bought by
Quinteros Ramiro Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,257
Interest Rate
6.82%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1998
Sold by
Quinteros Ramiro Adrian and Quinteros Rosa Emma
Bought by
Quinteros Ramiro Adrian

Purchase Details

Closed on
Sep 2, 1997
Sold by
Miller John Charles
Bought by
Quinteros Ramiro Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,297
Interest Rate
7.45%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1997
Sold by
Great Western Bank Fsb
Bought by
Miller John Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
7.98%

Purchase Details

Closed on
Apr 7, 1997
Sold by
Hardy James
Bought by
Great Western Bank Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,700
Interest Rate
7.98%

Purchase Details

Closed on
Mar 30, 1994
Sold by
Brumfield Nazree and Brumfield Rozena
Bought by
Hardy James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
8.53%
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
Ngan Mike Hong -- Pacific Coast Title
Kadir Abdul $735,000 Stewart Title Of Ca Inc
Hod Properties Llc $530,000 Corinthian Title Company
Herrera Abel $415,000 Wfg Title Company
Avendano Mynor E $305,000 Provident Title Company
Parada Jose -- Commonwealth Land Title Co
Parada Carolina A -- Commerce Title Company
Campos Jorge Felix $445,000 Commerce Title Company
Paul Aura $375,000 Orange Coast Title
Quinteros Ramiro Adrian -- Stewart Title
Quinteros Ramiro Adrian -- --
Quinteros Ramiro Adrian $255,000 --
Miller John Charles $101,000 Chicago Title Co
Great Western Bank Fsb $95,000 Chicago Title
Hardy James -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kadir Abdul $588,000
Previous Owner Herrera Abel $407,483
Previous Owner Avendano Mynor E $294,820
Previous Owner Parada Jose $430,500
Previous Owner Campos Jorge Felix $311,500
Previous Owner Paul Aura $300,000
Previous Owner Quinteros Ramiro Adrian $242,257
Previous Owner Quinteros Ramiro Adrian $245,297
Previous Owner Miller John Charles $110,700
Previous Owner Hardy James $161,000
Closed Paul Aura $56,250
Closed Campos Jorge Felix $133,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2020 06/30/20 Sold $830,000 -3.4% $215 / Sq Ft
03/03/2020 03/03/20 For Sale $859,000 +16.9% $222 / Sq Ft
06/21/2019 06/21/19 Sold $735,000 -15.0% $190 / Sq Ft View Prior Sale
05/24/2019 05/24/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $865,000 -- $224 / 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 $11,228 $898,416 $649,458 $248,958
2024 $11,228 $880,801 $636,724 $244,077
2023 $11,022 $863,532 $624,240 $239,292
2022 $10,529 $846,600 $612,000 $234,600
2021 $10,383 $830,000 $600,000 $230,000
2019 $2,064 $562,439 $392,646 $169,793
2018 $7,111 $551,412 $384,948 $166,464
2016 $5,497 $429,746 $341,726 $88,020
2015 $5,421 $423,291 $336,593 $86,698
2014 $5,456 $415,000 $330,000 $85,000
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: SR20049776

California Regional Multiple Listing Service (CRMLS)

APN: 6004-010-039