NOT LISTED FOR SALE

Estimated Value: $575,000 - $793,592

4 Beds
2 Baths
1,866 Sq Ft
$371/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $520,000 $279 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,338/month

20 Days on Market

About This Home

As of November 2021

This property has two addresses: 632 and 632 1/2 . Property Zoned R2-1-CPIO and a rare opportunity to own a duplex with detached structures. Front unit is very large and has 2 bedrooms and one bathroom. Back unit unit consists of Two bedrooms and one bathroom. Please Do NOT disturb tenants. Submit offers subject to VIEWING.

Last Agent to Sell the Property

Joseph Rasson

Rasson Realty & Financial Corp License #01457772 Listed on: 09/22/2021

Last Buyer's Agent

Gail Holtzman

Exel Properties License #00893103

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,818

Year Built

  • Built in 1924

Lot Details

  • 5,100 Sq Ft Lot
  • Property is zoned LAR2

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,866 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for gardener, water
  • Assessor Parcel Number 6023-017-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,818

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1866
  • Lot Acreage: 0.1171
  • Probate: No
  • Year Built: 1924
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Mixed
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 265.27

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Total Parking: 2

Utilities

  • Water Expense: 1322.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1400.00
  • Maintenance Expense: 5000.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 45.45
  • Assessed Improvement Value: 132423
  • Assessed Land Percent: 54.55
  • Assessed Land Value: 158909
  • Total Assessed Value: 291332
  • Assessor Parcel Number: 6023-017-011
  • Lot Size Area: 5100

Rental Info

  • Total Actual Rent: 34800.00
  • Garage Rental Rate: 0
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.63
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 12277
  • Type Of Units: Multi unit
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 3730.00

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 4, 2021
Sold by
Navid Investments Llc
Bought by
Roberts Fia Rosemary
Seller's Agent
Joseph Rasson
Rasson Realty & Financial Corp
Buyer's Agent
Gail Holtzman
Exel Properties
List Price
$495,000
Sold Price
$520,000
Premium/Discount to List
$25,000
5.05%
Current Estimated Value
$691,898

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,898
Avg. Annual Appreciation
9.20%
Original Mortgage
$390,000
Outstanding Balance
$358,961
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$366,334

Purchase Details

Closed on
Aug 24, 2020
Sold by
Zivari Manijeh
Bought by
Navid Investments Llc

Purchase Details

Closed on
Nov 25, 2011
Sold by
Navid Investments Llc
Bought by
Zivari Mehrdad and Zivari Manijeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2009
Sold by
Zivan Mehrdad and Zivan Manijeh
Bought by
Navid Investments Llc

Purchase Details

Closed on
Jan 18, 2006
Sold by
Zivari Mehrdad and Zivari Manijeh
Bought by
Zivari Mehrdad and Zivari Manijeh

Purchase Details

Closed on
Sep 29, 2005
Sold by
Zivari Mehrdad and Zivari Manijeh
Bought by
Zivari Mehrdad and Zivari Manijeh

Purchase Details

Closed on
May 23, 2003
Sold by
Justin Investments Llc
Bought by
Zivari Mehrdad M and Zivari Manijeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2003
Sold by
Monempour Morad
Bought by
Justin Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
Sold by
Wilson Eddie and Wilson Larry D
Bought by
Monempour Morad

Purchase Details

Closed on
Mar 4, 1999
Sold by
Woodson Frank
Bought by
Wilson Eddie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,764
Interest Rate
6.92%

Purchase Details

Closed on
Jun 8, 1998
Sold by
Woodson Frank and Woodson Frank
Bought by
Woodson Frank

Purchase Details

Closed on
Feb 28, 1997
Sold by
Woodson Frank
Bought by
The Frank Woodson Family Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Roberts Fia Rosemary $520,000 Lawyers Title Company
Navid Investments Llc -- Accommodation
Zivari Mehrdad -- Lsi
Navid Investments Llc -- None Available
Zivari Mehrdad -- None Available
Zivari Mehrdad -- --
Zivari Mehrdad M $220,000 First Southwestern Title Co
Justin Investments Llc -- First Southwestern Title Co
Monempour Morad $26,400 --
Wilson Eddie $125,000 Fidelity National Title
Woodson Frank -- --
The Frank Woodson Family Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Fia Rosemary $390,000
Previous Owner Zivari Mehrdad $166,000
Previous Owner Zivari Mehrdad $338,000
Previous Owner Zivari Mehrdad $165,000
Previous Owner Zivari Mehrdad M $250,000
Previous Owner Zivari Mehrdad M $75,000
Previous Owner Zivari Mehrdad M $165,000
Previous Owner Wilson Eddie $118,764
Previous Owner Wilson Eddie $12,257
Previous Owner Wilson Eddie $118,764
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2021 11/15/21 Sold $520,000 +5.1% $279 / Sq Ft
10/12/2021 10/12/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $495,000 0.0% $265 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $495,000 -14.5% $265 / Sq Ft
09/22/2021 09/22/21 For Sale $579,000 -- $310 / 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 $6,818 $551,827 $445,707 $106,120
2024 $6,818 $541,008 $436,968 $104,040
2023 $6,689 $530,400 $428,400 $102,000
2022 $6,382 $520,000 $420,000 $100,000
2021 $3,766 $294,349 $160,555 $133,794
2020 $3,799 $291,332 $158,909 $132,423
2019 $3,657 $285,621 $155,794 $129,827
2018 $3,584 $280,022 $152,740 $127,282
2016 $3,411 $269,151 $146,810 $122,341
2015 $3,364 $265,109 $144,605 $120,504
2014 $3,386 $259,917 $141,773 $118,144
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-764974

The MLS

APN: 6023-017-011