NOT LISTED FOR SALE

615 S Duncan Ave Los Angeles, CA 90022

Estimated Value: $797,856 - $918,000

4 Beds
4 Baths
2,385 Sq Ft
$357/Sq Ft Est. Value

Last Sold September 22, 2020

Last sale price $600,000 $252 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,328/month

19 Days on Market

Highlights

  • No Units Above
  • James A. Garfield Senior High School Rated A
  • No HOA

About This Home

As of September 2020

We are pleased to offer for sale this 3 unit plus "Mother In Law Quarters" in the heart of East Los Angeles. The subject property offers a total of 4 units, a 2 Bedroom/1 Bath standalone cottage style unit, a single story duplex which houses 1 (1Bed/1Bath) unit & 1 Studio Apartment and a non-conforming unit commonly called a "Mother In Law's Quarters" which is a 1 bedroom/ 1 bath located above the garages. Units are separately metered for electricity and gas while the owner pays for water and trash. Tenants enjoy onsite garage and open space parking as well as gated entry.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 07/22/2020

RE/MAX 2000 REALTY

Last Buyer's Agent

Daniel Perez

CENTURY 21 REALTY MASTERS License #01789400

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,547

Year Built

  • Built in 1929

Lot Details

  • 6,687 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 2,385 Sq Ft Home
  • Triplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 31 / 10
  • Tax Tract Number 4190
  • Assessor Parcel Number 5247011031

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $954
  • Maintenance Expense $1,500
  • Other Expense $450
  • Water Sewer Expense $3,000
  • New Taxes Expense $7,615
  • Operating Expense $13,519
  • Gross Income $55,818
  • Net Operating Income $40,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,547

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: LCR2*
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 5247011031
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall, No One Above
  • Levels: One
  • Price Per Square Foot: 251.57

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Lot 6500-9999
  • Lot Size Sq Ft: 6687.00
  • Lot Size Acres: 0.1535

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 55818.00
  • Gross Operating Income: 54143.00
  • Gross Scheduled Income: 55818.00
  • Insurance Expense: 954.00
  • Lot Size Area: 6687.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 40624.00
  • 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: 4
  • Operating Expense: 13519.00
  • Other Expense: 450.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 4652.00
  • Total Expenses: 13519.00
  • Vacancy Allowance: 1675

Tax Info

  • New Taxes Expense: 7615.00
  • Tax Block: 10
  • Tax Census Tract: 5315.04
  • Tax Lot: 31
  • Tax Tract Number: 4190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2025
Sold by
Morris Jeremy Michael
Bought by
Jeremy Michael Morris Revocable Living Trust and Morris
Current Estimated Value
$851,464

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 14, 2020
Sold by
Mora Lucilla
Bought by
Morris Jeremy
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
Daniel Perez
CENTURY 21 REALTY MASTERS
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$420,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2008
Sold by
Huezo Bradley
Bought by
Mora Lucila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2007
Sold by
Acosta Lawrence and Acosta Family Trust
Bought by
Huezo Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 10, 2000
Sold by
Acosta Laurence J and Acosta Petra
Bought by
Acosta Laurence Joseph and Acosta Petra
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
Jeremy Michael Morris Revocable Living Trust -- None Listed On Document
Morris Jeremy $600,000 Fidelity National Title
Mora Lucila $450,000 First American Title Company
Huezo Bradley $450,000 First American Title Company
Acosta Laurence Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morris Jeremy $420,000
Previous Owner Mora Lucila $337,500
Previous Owner Huezo Bradley $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2020 09/22/20 Sold $600,000 -7.7% $252 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $650,000 -- $273 / 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 $9,547 $649,457 $432,972 $216,485
2024 $9,547 $636,724 $424,483 $212,241
2023 $9,138 $624,240 $416,160 $208,080
2022 $8,627 $612,000 $408,000 $204,000
2021 $8,527 $600,000 $400,000 $200,000
2020 $7,830 $529,862 $347,356 $182,506
2019 $7,556 $519,474 $340,546 $178,928
2018 $7,392 $509,289 $333,869 $175,420
2016 $7,089 $489,514 $320,905 $168,609
2015 $6,985 $482,162 $316,085 $166,077
2014 $6,990 $472,718 $309,894 $162,824
Source: Public Records

Agents Affiliated with this Home

  • Kristopher German

    Seller's Agent in 2020

    Kristopher German

    RE/MAX

    (909) 645-0443

    5 in this area

    123 Total Sales

    Kristopher German
    Section Image
  • Daniel Perez

    Buyer's Agent in 2020

    Daniel Perez

    CENTURY 21 REALTY MASTERS

    (323) 683-2919

    5 in this area

    50 Total Sales

    Daniel Perez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20145474

California Regional Multiple Listing Service (CRMLS)

APN: 5247-011-031

California Los Angeles County Los Angeles 90022

615 S Duncan Ave, Los Angeles, CA

This home is located at 615 S Duncan Ave, Los Angeles, CA 90022 since 22 July 2020 and is currently estimated at $851,464, approximately $357 per square foot. This property was built in 1929. 615 S Duncan Ave is a home located in Los Angeles County with nearby schools including Humphreys Avenue Elementary School, David Wark Griffith Middle School, and James A. Garfield Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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