NOT LISTED FOR SALE

622 W Colden Ave Los Angeles, CA 90044

Vermont Vista Neighborhood

Estimated Value: $993,000 - $1,094,000

8 Beds
5 Baths
3,500 Sq Ft
$300/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $715,000 $204 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,434/month

15 Days on Market

About This Home

As of October 2018

Welcome to 622 W Colden. 4 vibrant units centrally located between the 110 and 105 freeways. Unit 1 features 3 bedrooms 2 bathrooms. Unit 2 features 1 bedroom and 1 bathroom. Unit 3 features 2 bedrooms and 1 bathroom. Unit 4 features 2 bedrooms and 1 bathroom. There is assigned parking in the rear of property.

Last Agent to Sell the Property

Jesse Blanchet

New Century Realtors License #02005879 Listed on: 08/13/2018

Last Buyer's Agent

Jesse Blanchet

New Century Realtors License #02005879 Listed on: 08/13/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,873

Year Built

  • Built in 1965

Lot Details

  • 5,400 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Home Design

  • Quadruplex

Interior Spaces

  • 3,500 Sq Ft Home
  • 2-Story Property
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 81
  • Tax Tract Number 2404
  • Assessor Parcel Number 6054027010

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • Water Sewer Expense $8,400
  • New Taxes Expense $4,486
  • Operating Expense $14,486
  • Gross Income $41,314
  • Net Operating Income $41,314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,873

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 8400.00
  • Zoning: LARD2
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 6054027010
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 204.29

Exterior Features

  • Pool Private: No

Utilities

  • 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5400.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 41314.00
  • Gross Scheduled Income: 55800.00
  • Insurance Expense: 1600.00
  • Net Operating Income: 41314.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 14486.00
  • Rent Control: Yes
  • Total Expenses: 14486.00

Tax Info

  • New Taxes Expense: 4486.00
  • Tax Census Tract: 2404.01
  • Tax Lot: 81
  • Tax Tract Number: 2404.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2018
Closed on
Oct 1, 2018
Sold by
Vega Manuel and Ganiban Maria Del Carmen Ramires
Bought by
Hernandez Mario
Seller's Agent
Jesse Blanchet
New Century Realtors
Buyer's Agent
Jesse Blanchet
New Century Realtors
List Price
$715,000
Sold Price
$715,000
Current Estimated Value
$1,015,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,921
Avg. Annual Appreciation
5.81%
Original Mortgage
$702,049
Interest Rate
5.62%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hernandez Mario $715,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Mario $702,049
Closed Hernandez Mario $702,049
Previous Owner Vega Manuel $486,622
Previous Owner Vega Manuel $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $715,000 0.0% $204 / Sq Ft
10/21/2018 10/21/18 Off Market $715,000 -- --
10/21/2018 10/21/18 For Sale $715,000 0.0% $204 / Sq Ft
10/13/2018 10/13/18 Off Market $715,000 -- --
10/13/2018 10/13/18 For Sale $715,000 0.0% $204 / Sq Ft
10/07/2018 10/07/18 Off Market $715,000 -- --
10/07/2018 10/07/18 For Sale $715,000 0.0% $204 / Sq Ft
10/01/2018 10/01/18 Off Market $715,000 -- --
10/01/2018 10/01/18 For Sale $715,000 0.0% $204 / Sq Ft
09/01/2018 09/01/18 Off Market $715,000 -- --
09/01/2018 09/01/18 For Sale $715,000 0.0% $204 / Sq Ft
08/22/2018 08/22/18 Off Market $715,000 -- --
08/13/2018 08/13/18 For Sale $715,000 -- $204 / 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 $9,873 $797,590 $546,601 $250,989
2024 $9,873 $781,952 $535,884 $246,068
2023 $9,691 $766,621 $525,377 $241,244
2022 $9,253 $751,590 $515,076 $236,514
2021 $9,123 $736,854 $504,977 $231,877
2019 $8,856 $715,000 $490,000 $225,000
2018 $4,578 $349,663 $132,091 $217,572
2016 $4,350 $336,086 $126,962 $209,124
2015 $4,290 $331,038 $125,055 $205,983
2014 $4,331 $324,555 $122,606 $201,949
Source: Public Records

Agents Affiliated with this Home

  • Jesse Blanchet

    Seller's Agent in 2018

    Jesse Blanchet

    New Century Realtors

    (714) 235-2747

    59 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18194512

California Regional Multiple Listing Service (CRMLS)

APN: 6054-027-010

California Los Angeles County Los Angeles 90044 Vermont Vista

622 W Colden Ave, Los Angeles, CA

This home is located at 622 W Colden Ave, Los Angeles, CA 90044 since 13 August 2018 and is currently estimated at $1,049,056, approximately $299 per square foot. This property was built in 1965. 622 W Colden Ave is a home located in Los Angeles County with nearby schools including Charles W. Barrett Elementary School, Bret Harte Preparatory Middle School, and KIPP Empower Academy.

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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