NOT LISTED FOR SALE

620 E 73rd St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $990,000 - $1,061,321

8 Beds
5 Baths
3,346 Sq Ft
$307/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $720,000 $215 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,173/month

189 Days on Market

Highlights

  • Laundry Room
  • 2 Car Garage
  • 1-Story Property
  • Central Heating
  • Level Lot

About This Home

As of January 2021

Large Duplex (Two houses on a lot). Recently remodeled front house is 4 bedrooms, 2 baths (1,482 sq. feet, Blt 1924). Larger Rear house is 4 bedroom, 3 baths 1,864 sq. feet, was built in 1992 and has a 2-car garage. (per public records).

Last Agent to Sell the Property

Robert Compean

Urban Street Ventures, Inc License #01001161 Listed on: 03/17/2020

Last Buyer's Agent

John Alden

Alden Pacific Investments, Inc. License #02114291

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1992

Lot Details

  • 5,559 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 2 Car Garage
  • Parking Available

Interior Spaces

  • 3,346 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Location

  • Urban Location

Utilities

  • Central Heating
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 257
  • Tax Tract Number 6
  • Assessor Parcel Number 6023008006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,000
  • Gardener Expense $900
  • Insurance Expense $3,186
  • Water Sewer Expense $4,400
  • New Taxes Expense $6,254
  • Operating Expense $16,740
  • Gross Income $59,772
  • Net Operating Income $43,032

Property Details

Home Type

Multi-Family

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 4400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 6023008006
  • Year Built: 1992
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 215.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 5559.00
  • Lot Size Acres: 0.1276

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 2000.00
  • Gross Income: 59772.00
  • Gross Scheduled Income: 59772.00
  • Insurance Expense: 3186.00
  • Lot Size Area: 5559.0000 Square Feet
  • Net Operating Income: 43032.00
  • 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: 16740.00
  • Rent Control: Yes
  • Total Actual Rent: 4981.00
  • Total Expenses: 16740.00

Tax Info

  • New Taxes Expense: 6254.00
  • Tax Census Tract: 2395.01
  • Tax Lot: 257
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2017
Closed on
Nov 7, 2017
Sold by
Marovic Marija
Bought by
Shelter First Llc
Seller's Agent
Robert Compean
Urban Street Ventures, Inc
Buyer's Agent
Robert Compean
Urban Street Ventures, Inc
Sold Price
$2,500
Current Estimated Value
$1,026,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,023,580
Original Mortgage
$2,300,000
Outstanding Balance
$1,922,691
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$896,611

Purchase Details

Closed on
Aug 17, 2017
Sold by
Charchian Arthur and Estate Of Maria Acevedo
Bought by
Marovic Marija

Purchase Details

Closed on
Aug 9, 2017
Sold by
Compean Robert
Bought by
Marovic Marija

Purchase Details

Closed on
Jun 9, 2006
Sold by
Perez Jorge H
Bought by
Acevedo Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,000
Interest Rate
6.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 2005
Sold by
Acevedo Victor
Bought by
Acevedo Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2005
Sold by
Perez Jorge
Bought by
Acevedo Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2002
Sold by
Perez Jorge
Bought by
Acevedo Maria G

Purchase Details

Closed on
May 16, 2002
Sold by
Armenia Jacinto Reginaldo and Armenia Jacinto
Bought by
Acevedo Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shelter First Llc -- Fidelity National Title Co
Marovic Marija $488,000 Pacific Coast Title Company
Marovic Marija -- Pacific Coast Title Company
Acevedo Maria G -- Chicago Title Co
Acevedo Maria G -- --
Acevedo Maria G -- American Coast Title Company
Acevedo Maria G -- American Coast Title Company
Acevedo Maria G -- Utc
Acevedo Maria G $260,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shelter First Llc $2,300,000
Previous Owner Acevedo Maria G $193,000
Previous Owner Acevedo Maria G $134,000
Previous Owner Acevedo Maria G $230,000
Previous Owner Acevedo Maria G $234,000
Closed Acevedo Maria G $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2021 01/08/21 Sold $720,000 -0.7% $215 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $725,000 -4.6% $217 / Sq Ft
03/17/2020 03/17/20 For Sale $760,000 0.0% $227 / Sq Ft
11/13/2017 11/13/17 Rented $2,500 +8.7% --
10/26/2017 10/26/17 For Rent $2,300 -- --
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 $9,757 $779,350 $541,216 $238,134
2024 $9,615 $764,069 $530,604 $233,465
2023 $9,433 $749,088 $520,200 $228,888
2022 $9,000 $734,400 $510,000 $224,400
2021 $6,444 $512,974 $315,353 $197,621
2020 $6,503 $507,715 $312,120 $195,595
2019 $6,255 $497,760 $306,000 $191,760
2018 $6,183 $488,000 $300,000 $188,000
2017 $5,509 $433,042 $176,044 $256,998
2016 $5,352 $424,552 $172,593 $251,959
2015 $5,277 $418,176 $170,001 $248,175
2014 $5,304 $409,985 $166,671 $243,314
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Compean

    Urban Street Ventures, Inc

    (949) 241-9644

    1 in this area

    51 Total Sales

    Robert Compean
    Section Image

  • J

    Buyer's Agent in 2021

    John Alden

    Alden Pacific Investments, Inc.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20058377

California Regional Multiple Listing Service (CRMLS)

APN: 6023-008-006

California Los Angeles County Los Angeles 90001 Florence

620 E 73rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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