Seller's Agent in 2018
Edwin Wen
RE/MAX
(909) 539-8561
22 Total Sales
609 E 116th St Los Angeles, CA 90059
Green Meadows NeighborhoodEstimated Value: $714,640 - $990,000
6
Beds
3
Baths
1,890
Sq Ft
$446/Sq Ft
Est. Value
Highlights
- Property is near a park
- 2-minute walk to Avalon Station
- Laundry Room
- Granite Countertops
- Living Room
- Tile Flooring
About This Home
As of March 2018Well-kept duplex sitting on large lot with long-term stable tenants! Great investment opportunity where the tenants pay for your mortgage! Duplex with 2 units- one unit has 3 bedrooms and 1 bathroom, the other unit has 3 bedrooms and 2 bathrooms. Conveniently located near major freeways, The Forum, Los Angeles International Airport, University of Southern California, Staples Center, and many more! You become instant landlord as soon as you close escrow. Both tenant have been paying on time and never late for the last 4 years under current management.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01885711 Listed on: 01/07/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,010
Year Built
- Built in 2008
Lot Details
- 5,400 Sq Ft Lot
- No Common Walls
Home Design
- Shingle Roof
Interior Spaces
- 1,890 Sq Ft Home
- 1-Story Property
- Living Room
- Granite Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- 2 Open Parking Spaces
- 4 Parking Spaces
- 2 Attached Carport Spaces
- Parking Available
- Driveway
- Parking Lot
Utilities
- Wall Furnace
- Natural Gas Connected
Additional Features
- Exterior Lighting
- Property is near a park
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, trash collection
- Tax Lot 197
- Tax Tract Number 3754
- Assessor Parcel Number 6072006023
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $555
- Professional Management Expense $2,940
- Water Sewer Expense $2,300
- New Taxes Expense $6,800
- Operating Expense $12,595
- Gross Income $42,960
- Net Operating Income $30,365
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2018
Closed on
Jan 25, 2018
Sold by
Del United Investments Group Llc
Bought by
Ahmadzadeh Behzad and Ahmadzadeh Fariba
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Sandra Elyasi
Nelson Shelton & Associates
List Price
$565,000
Sold Price
$553,000
Premium/Discount to List
-$12,000
-2.12%
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
$289,160
Avg. Annual Appreciation
5.66%
Original Mortgage
$400,000
Outstanding Balance
$340,115
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$502,045
Purchase Details
Listed on
Jun 3, 2013
Closed on
Jun 18, 2013
Sold by
Prfa Inc
Bought by
Del United Investments Group Llc and Wei Via Roma Llc
Seller's Agent
Maria Olmos
Y Realty
Buyer's Agent
Edwin Wen
RE/MAX 2000 REALTY
List Price
$365,000
Sold Price
$366,000
Premium/Discount to List
$1,000
0.27%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Purchase Details
Closed on
Nov 6, 2007
Sold by
Woody David F
Bought by
Prfa Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 31, 2007
Sold by
Woody Lorraine H
Bought by
Woody David F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 29, 2007
Sold by
Tsa Properties Inc
Bought by
Woody David F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,500
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 14, 2005
Sold by
Skiffer Charles C
Bought by
Tsa Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.31%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jan 14, 1998
Sold by
Skiffer Trinita and Skiffer Charles C
Bought by
Skiffer Charles C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.95%
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 |
|---|---|---|---|
| Ahmadzadeh Behzad | $553,000 | Fidelity Title Company | |
| Del United Investments Group Llc | $366,000 | North American Title Company | |
| Prfa Inc | -- | None Available | |
| Woody David F | -- | Southland Title Corporation | |
| Woody David F | -- | Southland Title Corporation | |
| Tsa Properties Inc | $335,000 | Landsafe Title | |
| Skiffer Charles C | -- | Southland Title Corporation |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ahmadzadeh Behzad | $400,000 | |
| Previous Owner | Woody David F | $450,500 | |
| Previous Owner | Woody David F | $450,500 | |
| Previous Owner | Tsa Properties Inc | $256,000 | |
| Previous Owner | Skiffer Charles C | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/07/2018 03/07/18 | Sold | $553,000 | -2.1% | $293 / Sq Ft | |
| 01/23/2018 01/23/18 | Pending | -- | -- | -- | |
| 01/07/2018 01/07/18 | For Sale | $565,000 | +54.4% | $299 / Sq Ft | |
| 07/03/2013 07/03/13 | Sold | $366,000 | +0.3% | $194 / Sq Ft | View Prior Sale |
| 06/12/2013 06/12/13 | Pending | -- | -- | -- | |
| 06/03/2013 06/03/13 | For Sale | $365,000 | -- | $193 / 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 | $8,010 | $629,215 | $375,481 | $253,734 |
| 2024 | $8,010 | $616,878 | $368,119 | $248,759 |
| 2023 | $7,860 | $604,783 | $360,901 | $243,882 |
| 2022 | $7,507 | $592,925 | $353,825 | $239,100 |
| 2021 | $7,410 | $581,300 | $346,888 | $234,412 |
| 2019 | $7,192 | $564,060 | $336,600 | $227,460 |
| 2018 | $5,196 | $394,314 | $193,924 | $200,390 |
| 2016 | $4,953 | $379,004 | $186,395 | $192,609 |
| 2015 | $4,879 | $373,312 | $183,596 | $189,716 |
| 2014 | $4,899 | $366,000 | $180,000 | $186,000 |
Source: Public Records
Agents Affiliated with this Home
-
Edwin Wen
-
Sandra Elyasi
S
Buyer's Agent in 2018
Sandra Elyasi
Nelson Shelton & Associates
(310) 633-1146
1 Total Sale
-
Teri Heravi
Buyer Co-Listing Agent in 2018
Teri Heravi
Compass
(310) 433-0176
20 Total Sales
-
Maria Olmos
Seller's Agent in 2013
Maria Olmos
Y Realty
(562) 824-6227
1 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV17257482
APN: 6072-006-023
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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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