NOT LISTED FOR SALE

Estimated Value: $875,000 - $1,038,195

6 Beds
5 Baths
2,124 Sq Ft
$451/Sq Ft Est. Value

Last Sold November 23, 2022

Last sale price $865,000 $407 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,188/month

8 Days on Market

Highlights

  • Newly Remodeled
  • Rectangular Lot
  • 1-Story Property
  • Laundry Room

About This Home

As of November 2022

Don't miss it this this time. A must see property, 2 on a lot. Investors and First Time Home Buyers. An excellent opportunity ready to move in. Front house was upgraded 2021 it features and use are 4 bedrooms 3 bathrooms and rear unit is brand new unit built 2022 featuring 2 bedrooms and 2 bathrooms. Live in one unit and rent the other or rent both upside passive income. Appliances are included. Property is turn key. close drive to Banc of California Stadium, University of Souuthern California (USC), parks, museums, centrally located within driving distance to the beach, mountains, desert, downtown LA, Hollywood, surrounding cities and areas.

Last Agent to Sell the Property

Bayron Bliss

Bayron Bliss, Broker License #01210930 Listed on: 10/14/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,824

Year Built

  • Built in 1905 | Newly Remodeled

Lot Details

  • 4,800 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Home Design

  • Duplex

Interior Spaces

  • 2,124 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Driveway

Location

  • Suburban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 217
  • Tax Tract Number 2283
  • Assessor Parcel Number 5121006033

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Water Sewer Expense $3,000
  • Operating Expense $4,100
  • Gross Income $55,200
  • Net Operating Income $55,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,824

Year Built

Built in 1905 | Newly Remodeled

Lot Details

0

Listing Details

  • Price Per Unit: 425000
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5121006033
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 407.25
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 55200.00
  • Gross Scheduled Income: 55200.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 4800.0000 Square Feet
  • Net Operating Income: 55200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Dishwasher: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: Yes
  • Total Expenses: 4100.00

Tax Info

  • Taxes Percent: 1.25
  • Tax Lot: 217
  • Tax Tract Number: 2283

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Nov 7, 2022
Sold by
Brannan Revocable Family Trust
Bought by
Vela Santos Duran
Seller's Agent
Bayron Bliss
Bayron Bliss, Broker
List Price
$850,000
Sold Price
$865,000
Premium/Discount to List
$15,000
1.76%
Views
8
Current Estimated Value
$957,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,049
Avg. Annual Appreciation
3.80%
Original Mortgage
$692,000
Outstanding Balance
$672,399
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$284,650

Purchase Details

Closed on
Aug 1, 2022
Sold by
Roman Francisco G
Bought by
Brannan Revocable Family Trust

Purchase Details

Closed on
Oct 16, 2020
Sold by
Sexton Velma Jean and The Lillie Mae Anderson Living
Bought by
Roman Francisco G and Butler Derek G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 13, 2000
Sold by
Sexton Velma J
Bought by
Anderson Lillie Mae

Purchase Details

Closed on
Nov 9, 2000
Sold by
Anderson Lillie M
Bought by
The Lillie Mae Anderson Trust

Purchase Details

Closed on
Apr 4, 2000
Sold by
Sexton George E
Bought by
Sexton Velma J

Purchase Details

Closed on
Apr 27, 1999
Sold by
Anderson Lillie Mae
Bought by
Sexton Velma Jean and Anderson Lillie Mae

Purchase Details

Closed on
Jul 17, 1997
Sold by
Russell Ada
Bought by
Anderson Lillie Mae

Purchase Details

Closed on
Apr 6, 1995
Sold by
Russell Ada
Bought by
Anderson Lillie Mae and Russell Ada
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
Vela Santos Duran $865,000 Lawyers Title
Brannan Revocable Family Trust $815,000 Lawyers Title
Roman Francisco G $310,000 Lawyers Title Company
Roman Francisco G -- Lawyers Title
Butler Derek -- Lawyers Title
Anderson Lillie Mae -- --
The Lillie Mae Anderson Trust -- --
Sexton Velma J -- --
Sexton Velma Jean -- --
Anderson Lillie Mae -- --
Anderson Lillie Mae -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vela Santos Duran $692,000
Previous Owner Roman Francisco G $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $865,000 +1.8% $407 / Sq Ft
10/14/2022 10/14/22 For Sale $850,000 +174.2% $400 / Sq Ft
12/22/2020 12/22/20 Sold $310,000 -22.5% $237 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $400,000 -- $305 / 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 $10,824 $899,946 $598,230 $301,716
2024 $10,824 $882,300 $586,500 $295,800
2023 $10,632 $865,000 $575,000 $290,000
2022 $6,021 $494,700 $408,000 $86,700
2021 $5,945 $485,000 $400,000 $85,000
2020 $382 $18,653 $11,180 $7,473
2019 $375 $18,288 $10,961 $7,327
2018 $322 $17,931 $10,747 $7,184
2016 $290 $17,237 $10,331 $6,906
2015 $287 $16,979 $10,176 $6,803
2014 $296 $16,647 $9,977 $6,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22222516

California Regional Multiple Listing Service (CRMLS)

APN: 5121-006-033