NOT LISTED FOR SALE

6217 Monterey Rd Los Angeles, CA 90042

Montecito Heights Neighborhood

Estimated Value: $1,112,000 - $1,375,012

2 Beds
3 Baths
822 Sq Ft
$1,465/Sq Ft Est. Value

Last Sold March 24, 2017

Last sale price $555,000 $675 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $7,079/month

96 Days on Market

About This Home

As of March 2017

Great income property. Fabulous opportunity to add to value to one of the most hard to find properties located adjacent to South Pasadena. A small mid century home above Monterey Road with 1 bedroom and full bath, fireplace in the living room, laundry hookups and it's own private yard. Second property with 1 bedroom and 1 bath on a top floor. There is a permitted "bonus" room on the first level with 1 bedroom and 1 bath (no kitchen). Electrical has been upgraded and brand new sewer line to the street. This property has lots of potential. Access to both is a private drive behind the house on Monterey Road.

Last Agent to Sell the Property

Charles Picker

I.X.A. License #00414181 Listed on: 11/04/2016

Last Buyer's Agent

Jay Hofstadter

Jay L. Hofstadter License #00634746

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,977

Year Built

  • Built in 1947

Lot Details

  • 6,399 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 822 Sq Ft Home
  • 1-Story Property
  • Gas And Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5312-003-021

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,977

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 822
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 15
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 666.67

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Above Street Level, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Wall/Window
  • Electric Expense: 1452.00
  • Heating: Wall
  • Water Expense: 1700.00
  • Water Heaters: Yes

Fee Information

  • Gas Expense: 475.00
  • Insurance Expense: 1010.00
  • Maintenance Expense: 2358.00

Lot Info

  • Assessed Improvement Value: 108882
  • Assessed Land Value: 207982
  • Assessor Parcel Number: 5312-003-021
  • Geocode Override: No
  • Lot Size Area: 6399

Rental Info

  • Total Actual Rent: 2367.00
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.98
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 11056.80
  • Type Of Units: DUPLEX
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 4062.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2016
Closed on
Mar 17, 2017
Sold by
Taylor Marly
Bought by
Garcia Javier and Garcia Millicent L
Seller's Agent
Charles Picker
I.X.A.
Buyer's Agent
Jay Hofstadter
Jay L. Hofstadter
List Price
$548,000
Sold Price
$555,000
Premium/Discount to List
$7,000
1.28%
Current Estimated Value
$1,204,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$649,003
Avg. Annual Appreciation
8.75%
Original Mortgage
$544,947
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 4, 2016
Closed on
Mar 10, 2017
Sold by
Kilt Thomas
Bought by
Taylor Marly
Seller's Agent
Charles Picker
I.X.A.
Buyer's Agent
Jay Hofstadter
Jay L. Hofstadter
List Price
$548,000
Sold Price
$555,000
Premium/Discount to List
$7,000
1.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,947
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2003
Sold by
Kilt Thomas and Taylor Marly
Bought by
Kilt Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2003
Sold by
Taylor Marly
Bought by
Kilt Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2002
Sold by
Kilt Thomas
Bought by
Kilt Thomas and Taylor Marly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,050
Interest Rate
5.62%

Purchase Details

Closed on
Nov 26, 2001
Sold by
Hud
Bought by
Vach John X

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
7.11%

Purchase Details

Closed on
Jan 18, 2000
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
May 13, 1999
Sold by
Alonso Gilberto and Gonzalez Maria A
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Apr 25, 1994
Sold by
Diversified Properties
Bought by
Alonso Gilberto and Gonzalez Maria Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,647
Interest Rate
8.52%
Mortgage Type
FHA
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
Garcia Javier $555,000 Chicago Title Company
Taylor Marly -- Chicago Title Company
Kilt Thomas -- Commonwealth Land Title Co
Kilt Thomas -- Commonwealth Land Title Co
Kilt Thomas -- --
Kilt Thomas $259,000 Commonwealth Land Title Co
Vach John X $185,000 Stewart Title
Hud -- Benefit Land Title Company
Norwest Mtg Inc $186,211 Benefit Land Title Ins Co
Alonso Gilberto $160,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Javier $881,250
Closed Garcia Javier $728,000
Closed Garcia Javier $726,495
Closed Garcia Javier $100,000
Closed Garcia Javier $544,947
Previous Owner Kilt Thomas $199,000
Previous Owner Kilt Thomas $252,000
Previous Owner Kilt Thomas $252,000
Previous Owner Kilt Thomas $246,050
Previous Owner Vach John X $166,500
Previous Owner Alonso Gilberto $156,647
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2017 03/24/17 Sold $555,000 +1.3% $675 / Sq Ft
02/08/2017 02/08/17 For Sale $548,000 -1.3% $667 / Sq Ft
02/04/2017 02/04/17 Off Market $555,000 -- --
11/04/2016 11/04/16 For Sale $548,000 -- $667 / Sq Ft
Source: The MLS

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 $7,977 $644,121 $464,232 $179,889
2024 $7,977 $631,492 $455,130 $176,362
2023 $7,826 $619,110 $446,206 $172,904
2022 $7,469 $606,971 $437,457 $169,514
2021 $7,373 $595,071 $428,880 $166,191
2020 $7,445 $588,970 $424,483 $164,487
2019 $7,157 $577,422 $416,160 $161,262
2018 $7,076 $566,100 $408,000 $158,100
2016 $4,049 $316,864 $207,982 $108,882
2015 $3,993 $312,105 $204,858 $107,247
2014 $4,017 $305,993 $200,846 $105,147
Source: Public Records

Agents Affiliated with this Home

  • Charles Picker

    Seller's Agent in 2017

    Charles Picker

    I.X.A.

    (626) 893-0277

    1 in this area

    145 Total Sales

    Charles Picker
    Section Image

  • J

    Buyer's Agent in 2017

    Jay Hofstadter

    Jay L. Hofstadter

    Section Image
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Map

Source: The MLS

MLS Number: 16-179986

The MLS

APN: 5312-003-021

California Los Angeles County Los Angeles 90042 Montecito Heights

6217 Monterey Rd, Los Angeles, CA

This home is located at 6217 Monterey Rd, Los Angeles, CA 90042 since 04 November 2016 and is currently estimated at $1,204,003, approximately $1,464 per square foot. This property was built in 1947. 6217 Monterey Rd is a home located in Los Angeles County with nearby schools including Bushnell Way Elementary School, Luther Burbank Middle School, and Benjamin Franklin 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.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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