NOT LISTED FOR SALE

6168 Ruby Place Los Angeles, CA 90042

Estimated Value: $1,179,000 - $1,314,000

1 Bed
1 Bath
1,260 Sq Ft
$1,007/Sq Ft Est. Value

Last Sold December 15, 2012

Last sale price $207,000 $164 Per Sq Ft

Est. 513% increase in value since last sale

Current estimated payment $7,635/month

92 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Traditional Architecture
  • No HOA
  • Laundry Room

About This Home

As of December 2012

BOM-Duplex centrally located, minutes to downtown L.A,Dodger Stadium,Rose Bowl, Griffith Park and frwy. Two units recently improved,laundry room for tenants. Seller willing to credit buyer 36k or lower price by that amount. Standard sale no waiting. Do not disturb tenants . Appointment only.
Subject to cancellation of previous sale.

Last Agent to Sell the Property

CEZAR JIMENEZ

HERITAGE CREST INC. License #00796709 Listed on: 10/24/2012

Last Buyer's Agent

CEZAR JIMENEZ

HERITAGE CREST INC. License #00796709 Listed on: 10/24/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,316

Year Built

  • Built in 1923

Lot Details

  • 5,167 Sq Ft Lot
  • Lot Dimensions are 123x41
  • Back and Front Yard

Home Design

  • Traditional Architecture
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,260 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • Parking Available
  • Shared Driveway
  • Unassigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, repairs
  • Legal Lot and Block 5 / 5
  • Tax Tract Number 4570
  • Assessor Parcel Number 5486016035

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $400
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $3,437
  • Gross Income $2,400
  • Net Operating Income $21,237

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,316

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-802-7917
  • Price Per Unit: 137500
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5486016035
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 164.29
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Shared Driveway, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 600.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size: 123X41
  • Lot Size Sq Ft: 5167.00
  • Lot Size Acres: 0.1190

Rental Info

  • Tenant Pays: Electricity, Gas, Repairs

Multi Family

  • Average1 Bed Area: 630
  • Gross Income: 2400.00
  • Gross Multiplier: 13.13
  • Gross Scheduled Income: 28800.00
  • Gross Spendable Income: 21237.00
  • Insurance Expense: 400.00
  • Lot Size Area: 5167.0000 Square Feet
  • Net Operating Income: 21237.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5037.00
  • Rent Control: Yes
  • Total Actual Rent: 1150.00
  • Vacancy Allowance Rate: 1.00

Tax Info

  • New Taxes Expense: 3437.00
  • Tax Block: 5
  • Taxes Percent: 1.25
  • Tax Lot: 5
  • Tax Tract Number: 4570
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2013
Sold by
Modern Comfort Llc
Bought by
Carraro Glenn P
Current Estimated Value
$1,268,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
4.49%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2012
Closed on
Oct 16, 2012
Sold by
Gonzales Esther B and Esther B Gonzales Living Trust
Bought by
Modern Comfort Llc
Seller's Agent
CEZAR JIMENEZ
HERITAGE CREST INC.
Buyer's Agent
CEZAR JIMENEZ
HERITAGE CREST INC.
List Price
$275,000
Sold Price
$207,000
Premium/Discount to List
-$68,000
-24.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.52%
Original Mortgage
$245,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage
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
Carraro Glenn P $635,000 Provident Title Company
Modern Comfort Llc $207,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carraro Glenn P $490,000
Closed Carraro Glenn P $508,000
Previous Owner Modern Comfort Llc $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2012 12/15/12 Sold $207,000 -24.7% $164 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
08/14/2012 08/14/12 For Sale $275,000 -- $218 / 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 $9,316 $778,414 $474,159 $304,255
2024 $9,316 $763,152 $464,862 $298,290
2023 $9,134 $748,190 $455,748 $292,442
2022 $8,706 $733,520 $446,812 $286,708
2021 $8,598 $719,138 $438,051 $281,087
2019 $8,338 $697,809 $425,059 $272,750
2018 $8,247 $684,127 $416,725 $267,402
2016 $7,879 $657,563 $400,544 $257,019
2015 $7,763 $647,687 $394,528 $253,159
2014 $7,807 $635,000 $386,800 $248,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12104972

California Regional Multiple Listing Service (CRMLS)

APN: 5486-016-035