NOT LISTED FOR SALE

Estimated Value: $678,624 - $982,000

6 Beds
3 Baths
2,369 Sq Ft
$349/Sq Ft Est. Value

Last Sold August 27, 2014

Last sale price $360,000 $152 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,857/month

110 Days on Market

Highlights

  • No HOA
  • More Than Two Accessible Exits
  • Wall Furnace
  • Laundry Room
  • Carpet
  • 4-minute walk to Green Meadows Recreation Center

About This Home

As of August 2014

INVESTORS!! INVESTORS!! INVESTORS!! REDUCED FOR A QUICK SALE!! MOTIVATED SELLER!! PERMITS FOR A FOURTH UNIT!!
Close to 105 Frwy, close to LAX (Los Angeles International Airport) Gated property for privacy & security. Great long term tenants will like to stay or if FHA, will consider vacating one of the units. Reduced for a quick sale! Very motivated seller and cooperative tenants. Three separate units. 3 bdrm 1 bath, 2 bdrm 1 bath, 1 bdrm 1 bath. Alley Access/Gated.

Last Agent to Sell the Property

VICTORIA VALDEZ

DYNASTY REAL ESTATE License #01430683 Listed on: 04/20/2014

Last Buyer's Agent

Francisco Ramos

Popular Funding & Real Estate License #01777749

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,874

Year Built

  • Built in 1960

Lot Details

  • 5,146 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Home Design

  • Split Level Home
  • Entry on the 1st floor

Interior Spaces

  • 2,369 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Carbon Monoxide Detectors
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Wall Furnace
  • Sewer Paid

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 7688
  • Assessor Parcel Number 6042008011

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Insurance Expense $1,000
  • Trash Expense $1,200
  • Water Sewer Expense $4,800
  • New Taxes Expense $4,113
  • Gross Income $2,500
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,874

Year Built

Built in 1960

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 4800.00
  • Property Type: Residential Income
  • Parcel Number: 6042008011
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Multi/Split
  • Price Per Square Foot: 151.96

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5146.00
  • Lot Size Acres: 0.1180

Multi Family

  • Average1 Bed Area: 650
  • Average2 Bed Area: 850
  • Average3 Bed Area: 1000
  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5146.0000 Square Feet
  • Net Operating Income: 24000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4113.00
  • Tax Lot: 13
  • Tax Tract Number: 7688

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2017
Sold by
Gutierrez Martin I
Bought by
The Martin I Gutierrez And Manuela Gutie
Current Estimated Value
$826,156

Purchase Details

Listed on
Apr 20, 2014
Closed on
Jul 29, 2014
Sold by
Horta Jorge
Bought by
Gutierrez Martin I and Gutierrez Manuela
Seller's Agent
VICTORIA VALDEZ
DYNASTY REAL ESTATE
Buyer's Agent
Francisco Ramos
Popular Funding & Real Estate
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.72%
Original Mortgage
$270,000
Outstanding Balance
$205,951
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$620,205

Purchase Details

Closed on
Jul 19, 2000
Sold by
Horta Jorge
Bought by
Zepeda Pedro Z

Purchase Details

Closed on
Jan 2, 2000
Sold by
Zepeda Pedro Z
Bought by
Horta Jorge

Purchase Details

Closed on
Jul 22, 1999
Sold by
Development Secretary Of Housing And Urban
Bought by
Horta Jorge

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
7.99%

Purchase Details

Closed on
Jul 21, 1998
Sold by
Fleet Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Oct 9, 1996
Sold by
James Dorothy A
Bought by
Fleet Mtg Corp
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
The Martin I Gutierrez And Manuela Gutie -- None Available
Gutierrez Martin I -- None Available
Gutierrez Martin I $360,000 Usa National Title Co
Zepeda Pedro Z -- --
Horta Jorge -- --
Horta Jorge $164,500 Provident Title
Hud -- First Southwestern Title Co
Fleet Mtg Corp $132,101 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Martin I $270,000
Previous Owner Horta Jorge $147,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2014 08/27/14 Sold $360,000 +2.9% $152 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
04/20/2014 04/20/14 For Sale $350,000 -- $148 / 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 $5,874 $432,658 $288,440 $144,218
2024 $5,874 $424,176 $282,785 $141,391
2023 $5,768 $415,860 $277,241 $138,619
2022 $5,519 $407,706 $271,805 $135,901
2021 $5,442 $399,713 $266,476 $133,237
2019 $5,286 $387,859 $258,573 $129,286
2018 $5,180 $380,254 $253,503 $126,751
2016 $4,931 $365,490 $243,660 $121,830
2015 $4,857 $360,000 $240,000 $120,000
2014 $4,121 $290,636 $177,219 $113,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14084257

California Regional Multiple Listing Service (CRMLS)

APN: 6042-008-011