Seller's Agent in 2015
Romeo Ramirez
Coldwell Banker Quality Properties
(818) 618-6515
35 Total Sales
629 E 83rd St Los Angeles, CA 90001
Florence NeighborhoodEstimated Value: $825,000 - $1,051,000
8
Beds
4
Baths
2,600
Sq Ft
$356/Sq Ft
Est. Value
Highlights
- Property is near public transit
- No HOA
- Central Heating and Cooling System
- Granite Countertops
- Laundry Room
- Paved or Partially Paved Lot
About This Home
As of July 2015Drastic Price Reduction! 2 Units built in 2009. Each unit has 4 Bedroom + 2 Bath + laundry area on each unit, granite kitchen counters, separate water, gas, electric meters. Behind the building there are 2 car garage + uncovered space good for at least 2 more cars. Excellent condition. Both units are currently occupied. Conveniently close to stores, bus lines & freeways, USC campus and Downtown L.A. Seller is very motivated and flexible on the price, will review all offers - wants this property sold fast. Don't let this great opportunity pass you by. Seller is willing to help on buyer's closing costs. Price reduced to $450,000 - What a Bargain! BOM - Buyer did not qualify for a loan.
Last Agent to Sell the Property
Coldwell Banker Quality Properties License #01138996 Listed on: 04/22/2015
Last Buyer's Agent
Maria Orcoyen
VIP Real Estate Firm License #01754305
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2009
Lot Details
- 5,741 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Paved or Partially Paved Lot
- Front Yard
- Density is up to 1 Unit/Acre
Parking
- 2 Car Garage
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 2,600 Sq Ft Home
- 2-Story Property
- Granite Countertops
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Property is near public transit
- Urban Location
Additional Features
- Exterior Lighting
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection, water
- Tax Lot 1205
- Tax Tract Number 6097
- Assessor Parcel Number 6029016010
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,000
- Trash Expense $1,200
- New Taxes Expense $6,125
- Gross Income $3,480
- Net Operating Income $31,685
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2015
Closed on
Jul 17, 2015
Sold by
Velis Elvin O
Bought by
Lugones Leandro Carol
Seller's Agent
Romeo Ramirez
Coldwell Banker Quality Properties
Buyer's Agent
Maria Orcoyen
VIP Real Estate Firm
List Price
$490,000
Sold Price
$454,000
Premium/Discount to List
-$36,000
-7.35%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,321
Avg. Annual Appreciation
6.96%
Original Mortgage
$340,500
Outstanding Balance
$266,886
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$657,435
Purchase Details
Listed on
Apr 22, 2015
Closed on
Jul 8, 2015
Sold by
Pena Cinthia Vanina
Bought by
Lugones Leandro Carol
Seller's Agent
Romeo Ramirez
Coldwell Banker Quality Properties
Buyer's Agent
Maria Orcoyen
VIP Real Estate Firm
List Price
$490,000
Sold Price
$454,000
Premium/Discount to List
-$36,000
-7.35%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,500
Outstanding Balance
$266,886
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$657,435
Purchase Details
Closed on
Oct 13, 2009
Sold by
Lance Properties Inc
Bought by
Velis Elvin O
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
4.99%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 4, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Lance Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 17, 2007
Sold by
Deluna Leonardo
Bought by
Deutsche Bank National Trust Co and Argent Mortgage Securities Inc Asset Bac
Purchase Details
Closed on
Apr 19, 2006
Sold by
Barahona Jose G Gomez
Bought by
Deluna Leonardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 10, 2004
Sold by
Mancia Oscar
Bought by
Gomez Jose Gilberto Barahona
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,800
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 6, 1998
Sold by
Rivas Juan J
Bought by
Mancia Oscar and Mancia Ana Maria
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lugones Leandro Carol | $454,000 | Provident Title Company | |
| Lugones Leandro Carol | -- | Provident Title Company | |
| Velis Elvin O | -- | Lawyers Title | |
| Lance Properties Inc | $170,000 | Lawyers Title | |
| Deutsche Bank National Trust Co | $358,359 | Accommodation | |
| Deluna Leonardo | $410,000 | Lawyers Title | |
| Gomez Jose Gilberto Barahona | $276,000 | Ticor Title Insurance | |
| Mancia Oscar | -- | Ticor Title Insurance | |
| Mancia Oscar | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lugones Leandro Carol | $340,500 | |
| Previous Owner | Velis Elvin O | $407,483 | |
| Previous Owner | Lance Properties Inc | $390,000 | |
| Previous Owner | Deluna Leonardo | $328,000 | |
| Previous Owner | Gomez Jose Gilberto Barahona | $220,800 | |
| Closed | Gomez Jose Gilberto Barahona | $55,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/24/2015 07/24/15 | Sold | $454,000 | -7.3% | $175 / Sq Ft |
| 06/27/2015 06/27/15 | Pending | -- | -- | -- |
| 04/22/2015 04/22/15 | For Sale | $490,000 | -- | $188 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $6,732 | $537,438 | $213,081 | $324,357 |
| 2024 | $6,732 | $526,901 | $208,903 | $317,998 |
| 2023 | $6,607 | $516,570 | $204,807 | $311,763 |
| 2022 | $6,307 | $506,442 | $200,792 | $305,650 |
| 2021 | $6,219 | $496,512 | $196,855 | $299,657 |
| 2019 | $6,038 | $481,787 | $191,017 | $290,770 |
| 2018 | $5,937 | $472,341 | $187,272 | $285,069 |
| 2016 | $5,144 | $411,000 | $323,500 | $87,500 |
| 2015 | $5,144 | $411,000 | $323,500 | $87,500 |
| 2014 | $5,270 | $411,000 | $323,500 | $87,500 |
Source: Public Records
Agents Affiliated with this Home
-
Romeo Ramirez
-
M
Buyer's Agent in 2015
Maria Orcoyen
VIP Real Estate Firm
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR15031660
APN: 6029-016-010
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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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