632 E 85th St Los Angeles, CA 90001
Florence NeighborhoodEstimated Value: $691,822 - $761,000
6
Beds
2
Baths
1,776
Sq Ft
$406/Sq Ft
Est. Value
Highlights
- Updated Kitchen
- Granite Countertops
- Laundry Room
- Wood Flooring
- Private Yard
- Kitchen Island
About This Home
As of February 2015This gorgeous duplex has been completely remodeled with wood floors, Custom Kitchen Cabinets, Granite Counter tops, electrical fixtures including recessed lights, new carpets, doors, updated plumbing, interior and exterior paint, windows and more. The Duplex features two 3 Bedroom / 1 Bath Units and is fully Tenanted with Quality Tenants and Great Rental Income. Don t miss out on this will go fast.
Last Agent to Sell the Property
EUGENE MITCHELL
Amar Real Estate & Property M License #01837655 Listed on: 08/16/2014
Last Buyer's Agent
Mark Mittal
MONTEZUMA EQUITIES License #01255116
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,590
Year Built
- Built in 1929
Lot Details
- 5,200 Sq Ft Lot
- 1 Common Wall
- Private Yard
Parking
- 2 Car Garage
Home Design
- Property Attached
Interior Spaces
- 1,776 Sq Ft Home
- Wood Flooring
Kitchen
- Updated Kitchen
- Gas Range
- Kitchen Island
- Granite Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- Mirrored Closets Doors
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Features
- Exterior Lighting
- Urban Location
- Wall Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, trash collection
- Tax Lot 45
- Tax Tract Number 6534
- Assessor Parcel Number 6029032021
Community Details
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $480
- Insurance Expense $600
- Professional Management Expense $2,400
- Water Sewer Expense $2,400
- New Taxes Expense $4,687
- Gross Income $36,000
- Net Operating Income $30,120
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2014
Closed on
Jan 27, 2015
Sold by
Seele Kevin J
Bought by
Swami Growth Llc
Seller's Agent
EUGENE MITCHELL
Amar Real Estate & Property M
Buyer's Agent
Mark Mittal
MONTEZUMA EQUITIES
List Price
$375,000
Sold Price
$372,000
Premium/Discount to List
-$3,000
-0.8%
Total Days on Market
122
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
$349,706
Avg. Annual Appreciation
6.62%
Original Mortgage
$3,500,000
Outstanding Balance
$2,712,795
Interest Rate
3.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,991,089
Purchase Details
Closed on
Feb 4, 2011
Sold by
La Development Company Lp
Bought by
Seele Kevin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,814
Interest Rate
4.74%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 24, 2010
Sold by
Dalili Nader
Bought by
La Development Company Lp
Purchase Details
Closed on
Dec 21, 2009
Sold by
Hsbc Bank Usa Na
Bought by
Dalili Nader
Purchase Details
Closed on
Nov 21, 2009
Sold by
Shanjani Ziba Sami
Bought by
Dalili Nader
Purchase Details
Closed on
Sep 8, 2009
Sold by
Adams Don E
Bought by
Hsbc Bank Usa Na
Purchase Details
Closed on
Jan 12, 2007
Sold by
Backstrom Weber
Bought by
Adams Don E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 11, 2005
Sold by
Causey John A
Bought by
Backstrom Weber
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 15, 2004
Sold by
Causey Emma C
Bought by
Causey John A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 13, 2004
Sold by
Brumfield Sarah and Sarah Brumfield Living Trust
Bought by
Causey John A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jun 13, 1994
Sold by
Brumfield Sarah
Bought by
Brumfield Sarah and Sarah Brumfield Living Trust
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Swami Growth Llc | $372,000 | Ticor Title | |
| Seele Kevin J | $315,000 | Lawyers Title | |
| La Development Company Lp | -- | None Available | |
| Dalili Nader | $146,000 | Lsi Title Agency | |
| Dalili Nader | -- | Lsi Title Agency | |
| Hsbc Bank Usa Na | $153,450 | Accommodation | |
| Adams Don E | $515,000 | Gateway Title Company | |
| Backstrom Weber | $365,000 | Landsafe Title | |
| Causey John A | -- | Fidelity Van Nuys | |
| Causey John A | -- | Fidelity Van Nuys | |
| Brumfield Sarah | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Swami Growth Llc | $374,500 | |
| Open | Swami Growth Llc | $3,500,000 | |
| Previous Owner | Seele Kevin J | $310,814 | |
| Previous Owner | Adams Don E | $412,000 | |
| Previous Owner | Backstrom Weber | $255,500 | |
| Previous Owner | Causey John A | $36,000 | |
| Previous Owner | Causey John A | $192,000 | |
| Previous Owner | Causey John A | $192,000 | |
| Closed | Backstrom Weber | $109,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2015 02/04/15 | Sold | $372,000 | -0.8% | $209 / Sq Ft |
| 12/16/2014 12/16/14 | Pending | -- | -- | -- |
| 08/16/2014 08/16/14 | For Sale | $375,000 | -- | $211 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,590 | $438,315 | $235,654 | $202,661 |
| 2023 | $5,486 | $429,722 | $231,034 | $198,688 |
| 2022 | $5,236 | $421,297 | $226,504 | $194,793 |
| 2021 | $5,166 | $413,037 | $222,063 | $190,974 |
| 2019 | $5,015 | $400,788 | $215,478 | $185,310 |
| 2018 | $4,930 | $392,930 | $211,253 | $181,677 |
| 2016 | $4,701 | $377,673 | $203,050 | $174,623 |
| 2015 | $4,203 | $335,789 | $203,180 | $132,609 |
| 2014 | $4,227 | $329,212 | $199,200 | $130,012 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2015
EUGENE MITCHELL
Amar Real Estate & Property M
-
M
Buyer's Agent in 2015
Mark Mittal
MONTEZUMA EQUITIES
(619) 261-9699
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV14177813
APN: 6029-032-021
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