NOT LISTED FOR SALE

634 S Record Ave Los Angeles, CA 90023

Estimated Value: $727,000 - $904,426

5 Beds
2 Baths
1,769 Sq Ft
$460/Sq Ft Est. Value

Last Sold October 16, 2017

Last sale price $300,000 $170 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $5,186/month

Highlights

  • Private Yard
  • James A. Garfield Senior High School Rated A
  • Laundry Room

About This Home

As of October 2017

Great opportunity to own two units, which are close to transportation and shops. Centrally located and minutes to DTLA.

Last Agent to Sell the Property

Jaime Perez

REALTY WORLD CALIFORNIA PROPERTIES License #01355897 Listed on: 10/16/2017

REALTY WORLD CALIFORNIA PROPERTIES

Last Buyer's Agent

Jaime Perez

REALTY WORLD CALIFORNIA PROPERTIES License #01355897 Listed on: 10/16/2017

REALTY WORLD CALIFORNIA PROPERTIES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,040

Year Built

  • Built in 1922

Lot Details

  • 7,927 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Garage
  • 3 Carport Spaces

Home Design

  • 1,769 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tax Lot 122
  • Tax Tract Number 531202
  • Assessor Parcel Number 5238017018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,450
  • Water Sewer Expense $1,200
  • New Taxes Expense $4,000
  • Operating Expense $6,650
  • Gross Income $18,000
  • Net Operating Income $11,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,040

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LCR4*
  • Property Type: Residential Income
  • Parcel Number: 5238017018
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 169.59

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7927.00

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 1450.00
  • Net Operating Income: 11350.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 6650.00
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 6650.00

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Census Tract: 5312.02
  • Tax Lot: 122
  • Tax Tract Number: 531202

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2017
Sold by
Gonzalez Jose Alcala
Bought by
Torres Audencio Gonzalez and Gonzalez Maria R
Current Estimated Value
$813,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,725
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2005
Sold by
Gonzalez Martha A and Alcala Maria
Bought by
Gonzalez Jose Alcala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
6.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 2000
Sold by
Gonzalez Jose A
Bought by
Gonzalez Martha A and Gonzalez Audencio

Purchase Details

Closed on
Jul 8, 1998
Sold by
The Wedgewood Fund Xii Llc
Bought by
Gonzalez Jose Alcala

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,062
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 26, 1997
Sold by
Rodriguez Manuel and Rodriguez Rebeca
Bought by
The Wedgewood Fund Xii Inc

Purchase Details

Closed on
Nov 24, 1997
Sold by
Rodriguez Manuel and Rodriguez Rebeca
Bought by
The Wedgewood Fund Xii Llc

Purchase Details

Closed on
Jul 19, 1995
Sold by
Rodriguez Manuel and Rodriguez Rebeca
Bought by
Rodriguez Manuel and Rodriguez Rebeca
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
Torres Audencio Gonzalez $300,000 Old Republic Title Company
Gonzalez Jose Alcala -- --
Gonzalez Martha A -- --
Gonzalez Jose Alcala $170,000 Fidelity National Title Co
The Wedgewood Fund Xii Inc $115,370 --
The Wedgewood Fund Xii Llc $115,370 --
Rodriguez Manuel -- Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Audencio Gonzalez $282,500
Closed Torres Audencio Gonzalez $273,557
Previous Owner Torres Audencio Gonzalez $274,725
Previous Owner Gonzalez Jose Alcala $27,000
Previous Owner Gonzalez Jose Alcala $350,000
Previous Owner Gonzalez Jose Alcala $238,000
Previous Owner Gonzalez Jose Alcala $166,062
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2017 10/16/17 Sold $300,000 0.0% $170 / Sq Ft
10/16/2017 10/16/17 Pending -- -- --
10/16/2017 10/16/17 For Sale $300,000 -- $170 / 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 $9,040 $663,348 $298,108 $365,240
2024 $9,040 $650,342 $292,263 $358,079
2023 $8,719 $637,591 $286,533 $351,058
2022 $8,319 $625,090 $280,915 $344,175
2021 $8,224 $612,834 $275,407 $337,427
2020 $8,285 $606,552 $272,584 $333,968
2019 $7,977 $594,660 $267,240 $327,420
2018 $7,764 $583,000 $262,000 $321,000
2016 $6,531 $482,765 $259,045 $223,720
2015 $6,432 $475,514 $255,154 $220,360
2014 $6,433 $466,200 $250,156 $216,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB17236947

California Regional Multiple Listing Service (CRMLS)

APN: 5238-017-018