Seller's Agent in 2016
Richard Rede
RR Realty & Investments
(213) 604-1509
37 Total Sales
605 Romulo St Los Angeles, CA 90065
Cypress Park NeighborhoodEstimated Value: $831,000 - $888,000
2
Beds
2
Baths
1,350
Sq Ft
$636/Sq Ft
Est. Value
Highlights
- Built-In Features
- Abraham Lincoln High School Rated A
- 1-Story Property
About This Home
As of February 2016Calling investors and DIYers. This property is a duplex in the fantastic, up-and-coming neighborhood of Cypress Park. Very close to the Metro Gold Line, 110 freeway, Los Angeles River Center, DTLA, Highland Park, etc. This property has views of the Hollywood Sign as well as views of the 4th of July fireworks at Dodgers Stadium. One unit is in livable condition (607). It has hardwood floors, and a nice kitchen and bathroom. It also has a laundry room. The other (605) does not have a kitchen, and the bathroom is unfinished. However, it has hardwood floors, and tons of charm. It also has had some wiring done, per owner. Also, per owner, the roof is newer. Will not go FHA, except for 203k. Conventional loans will likely require 25% down payment. Will be shown Saturday, January 9th from 12-3. That is the only showing date. Both units to be vacant at close of escrow. Property does not come with parking
Last Agent to Sell the Property
RR Realty & Investments License #01095198 Listed on: 12/28/2015
Last Buyer's Agent
Brian Klein
License #01218287
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,084
Year Built
- Built in 1921
Lot Details
- 3,575 Sq Ft Lot
Interior Spaces
- 1,350 Sq Ft Home
- 1-Story Property
- Built-In Features
- Gas Dryer Hookup
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 5453-017-014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 28, 2015
Closed on
Apr 6, 2016
Sold by
Sullivan Bart
Bought by
Sullivan F
Seller's Agent
Richard Rede
RR Realty & Investments
Buyer's Agent
Brian Klein
List Price
$375,000
Sold Price
$387,500
Premium/Discount to List
$12,500
3.33%
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
$470,877
Avg. Annual Appreciation
8.87%
Purchase Details
Listed on
Dec 28, 2015
Closed on
Feb 17, 2016
Sold by
Chavez Adela P
Bought by
Sullivan Bart
Seller's Agent
Richard Rede
RR Realty & Investments
Buyer's Agent
Brian Klein
List Price
$375,000
Sold Price
$387,500
Premium/Discount to List
$12,500
3.33%
Purchase Details
Listed on
Dec 28, 2015
Closed on
Feb 13, 2016
Sold by
Chavez Oscar Gilbert
Bought by
Chavez Adela P
Seller's Agent
Richard Rede
RR Realty & Investments
Buyer's Agent
Brian Klein
List Price
$375,000
Sold Price
$387,500
Premium/Discount to List
$12,500
3.33%
Purchase Details
Closed on
Feb 14, 2011
Sold by
Palomares Jesus
Bought by
Palomares Maria Magdalina and Chavez Adela P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sullivan F | -- | Accommodation | |
| Sullivan Bart | $387,500 | Title 365 | |
| Chavez Adela P | -- | Title 365 | |
| Palomares Maria Magdalina | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/22/2016 02/22/16 | Sold | $387,500 | +3.3% | $287 / Sq Ft |
| 01/12/2016 01/12/16 | Pending | -- | -- | -- |
| 12/28/2015 12/28/15 | For Sale | $375,000 | -- | $278 / Sq Ft |
Source: The MLS
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 | $5,084 | $414,320 | $331,459 | $82,861 |
| 2024 | $5,084 | $406,197 | $324,960 | $81,237 |
| 2023 | $4,988 | $398,234 | $318,589 | $79,645 |
| 2022 | $4,756 | $390,427 | $312,343 | $78,084 |
| 2021 | $5,176 | $423,785 | $307,313 | $116,472 |
| 2019 | $5,021 | $411,217 | $298,199 | $113,018 |
| 2018 | $4,971 | $403,154 | $292,352 | $110,802 |
| 2016 | $2,372 | $188,484 | $131,533 | $56,951 |
| 2015 | $2,339 | $31,361 | $19,149 | $12,212 |
| 2014 | $515 | $30,747 | $18,774 | $11,973 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Rede
-
B
Buyer's Agent in 2016
Brian Klein
-
R
Buyer's Agent in 2016
Ralph Gorgoglione
Map
Source: The MLS
MLS Number: 15-967209
APN: 5453-017-014
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