NOT LISTED FOR SALE

616 E 118th Place Los Angeles, CA 90059

Green Meadows Neighborhood

Estimated Value: $671,239 - $750,000

4 Beds
2 Baths
1,725 Sq Ft
$410/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $495,000 $287 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,298/month

145 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 3-minute walk to Avalon Station
  • Wall Furnace
  • No HOA
  • Laundry Room

About This Home

As of February 2021

Charming single family home legally converted into two separate units. Each unit containing two bedrooms and 1 bath. Washer and Dryer hookups in each unit. Property sits on a nice size lot with good size front yard and large rear space for lots of parking. Located not far from the 105 FWY in a residential neighborhood. Great for first time home buyer or investor. Property has lots of potential and can use some TLC. Both units are occupied with long term tenants, PLEASE DO NOT DISTURB TENANTS.

CONTACT AGENT FOR SHOWING.

Last Agent to Sell the Property

Nichelle Young

Keller Williams Realty World Media Center License #02008521 Listed on: 08/12/2020

Keller Williams Realty World Media Center

Last Buyer's Agent

Nichelle Young

Keller Williams Realty World Media Center License #02008521 Listed on: 08/12/2020

Keller Williams Realty World Media Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,955

Year Built

  • Built in 1940

Lot Details

  • 5,561 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Home Design

  • 1,725 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Carport
  • Parking Available

Utilities

  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 279
  • Tax Tract Number 3754
  • Assessor Parcel Number 6084005004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,955

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6084005004
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1725.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 286.96
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5561.00
  • Lot Size Acres: 0.1277

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 5561.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 2410.02
  • Tax Lot: 279
  • Tax Tract Number: 3754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Aug 24, 2017
Sold by
Hutchins Victor Nicholas
Bought by
Hutchins Victor Nicholas and Young Jonathan L
Seller's Agent
Ike Obasi
First Vision Real Estate and Financial Services
Buyer's Agent
Nichelle Young
First Vision Real Estate and Financial Services
List Price
$409,999
Sold Price
$380,000
Premium/Discount to List
-$29,999
-7.32%
Current Estimated Value
$703,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,334
Avg. Annual Appreciation
7.94%
Original Mortgage
$373,117
Outstanding Balance
$311,183
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,877

Purchase Details

Listed on
Mar 1, 2017
Closed on
Aug 18, 2017
Sold by
Mokwue Christopher
Bought by
Hutchins Victor Nicholas
Seller's Agent
Ike Obasi
First Vision Real Estate and Financial Services
Buyer's Agent
Nichelle Young
First Vision Real Estate and Financial Services
List Price
$409,999
Sold Price
$380,000
Premium/Discount to List
-$29,999
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,117
Outstanding Balance
$311,183
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$396,877

Purchase Details

Closed on
Mar 30, 2011
Sold by
Ejimole Rita Ngozi
Bought by
Mokwue Christopher and Mokwue Hilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,549
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2006
Sold by
Ejimole David
Bought by
Ejimole Rita Ngozi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2005
Sold by
Ejimole David
Bought by
Ejimole David and Ejimole Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Interest Rate
1%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 9, 2003
Sold by
Hud
Bought by
Ejimole David and Ejimole Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,725
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 20, 2003
Sold by
Principal Residential Mortgage Inc
Bought by
Hud

Purchase Details

Closed on
Sep 26, 2002
Sold by
Alvarado Hector
Bought by
Principal Residential Mtg Inc

Purchase Details

Closed on
Jul 31, 2001
Sold by
Soto Hortencia
Bought by
Alvarado Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,075
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 1999
Sold by
Morales Jaime
Bought by
Soto Hortencia and Alvarado Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,716
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 1999
Sold by
Jacobs Samson
Bought by
Morales Jaime and Morales Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hutchins Victor Nicholas -- Chicago Title Insurance Co
Hutchins Victor Nicholas $380,000 Chicago Title
Mokwue Christopher $215,000 Stewart Title Of California
Ejimole Rita Ngozi -- Equity Title Company
Ejimole David -- Chicago Title Co
Ejimole David -- Chicago Title Co
Ejimole David $185,500 --
Hud -- First American Title Co
Principal Residential Mtg Inc $219,163 --
Alvarado Hector $210,000 Southland Title
Soto Hortencia $157,000 First American Title
Morales Jaime $95,000 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchins Victor Nicholas $373,117
Previous Owner Mokwue Christopher $209,549
Previous Owner Ejimole Rita Ngozi $348,000
Previous Owner Ejimole David $231,000
Previous Owner Ejimole David $166,725
Previous Owner Alvarado Hector $207,075
Previous Owner Soto Hortencia $155,716
Previous Owner Morales Jaime $190,000
Closed Ejimole David $66,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2021 02/26/21 Sold $495,000 0.0% $287 / Sq Ft
08/12/2020 08/12/20 For Sale $495,000 +30.3% $287 / Sq Ft
08/29/2017 08/29/17 Sold $380,000 +5.8% $220 / Sq Ft View Prior Sale
06/21/2017 06/21/17 Pending -- -- --
05/31/2017 05/31/17 Price Changed $359,000 -10.0% $208 / Sq Ft
04/05/2017 04/05/17 Price Changed $399,000 -2.7% $231 / Sq Ft
03/01/2017 03/01/17 For Sale $409,999 -- $238 / 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 $6,955 $535,801 $404,503 $131,298
2024 $6,860 $525,296 $396,572 $128,724
2023 $6,732 $514,997 $388,797 $126,200
2022 $6,430 $504,900 $381,174 $123,726
2021 $5,224 $399,446 $268,155 $131,291
2020 $5,271 $395,351 $265,406 $129,945
2019 $5,073 $387,600 $260,202 $127,398
2018 $4,949 $380,000 $255,100 $124,900
2016 $3,138 $232,683 $91,017 $141,666
2015 $3,092 $229,189 $89,650 $139,539
2014 $3,104 $224,700 $87,894 $136,806
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nichelle Young

    Keller Williams Realty World Media Center

    (310) 649-2028

    1 in this area

    11 Total Sales

    Nichelle Young
    Section Image

  • I

    Seller's Agent in 2017

    Ike Obasi

    First Vision Real Estate and Financial Services

    (310) 649-2028

    10 Total Sales

    Ike Obasi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB20161559

California Regional Multiple Listing Service (CRMLS)

APN: 6084-005-004

California Los Angeles County Los Angeles 90059 Green Meadows

616 E 118th Place, Los Angeles, CA

This home is located at 616 E 118th Place, Los Angeles, CA 90059 since 12 August 2020 and is currently estimated at $708,060, approximately $410 per square foot. This property was built in 1940. 616 E 118th Place is a home located in Los Angeles County with nearby schools including One Hundred Sixteenth Street Elementary School, Samuel Gompers Middle School, and Alliance Jack H. Skirball Middle 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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