NOT LISTED FOR SALE

642 Hoefner Ave Los Angeles, CA 90022

Estimated Value: $640,000 - $922,000

5 Beds
3 Baths
1,692 Sq Ft
$478/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $177,000 $105 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $4,560/month

About This Home

As of April 2024

Two Units in ELA/Commerce, Ca.

Last Agent to Sell the Property

Coral Romero

Good Opportunity Company Inc. Brokerage Phone: 323-395-6485 License #01914785 Listed on: 04/12/2024

Last Buyer's Agent

Coral Romero

Good Opportunity Company Inc. Brokerage Phone: 323-395-6485 License #01914785 Listed on: 04/12/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,769 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,692 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 311
  • Tax Tract Number 5445
  • Assessor Parcel Number 6341031008
  • $1,181 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,200
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • Operating Expense $5,600
  • Gross Income $5,600
  • Net Operating Income $4,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

6,769 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LCR3*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6341031008
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 104.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: None
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6769.00
  • Lot Size Acres: 0.1554

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 5600.00
  • Gross Scheduled Income: 10000.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 6769.0000 Square Feet
  • Net Operating Income: 4400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 5600.00
  • Rent Control: No
  • Total Actual Rent: 833.33
  • Total Expenses: 5600.00

Tax Info

  • Tax Census Tract: 5317.01
  • Tax Lot: 311
  • Tax Tract Number: 5445
  • TaxOtherAnnualAssessmentAmount: 1181.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Apr 5, 2024
Sold by
Olivares Estela
Bought by
Olivares Diane Denise
Seller's Agent
Coral Romero
Good Opportunity Company Inc.
Buyer's Agent
Coral Romero
Good Opportunity Company Inc.
List Price
$177,000
Sold Price
$177,000
Views
7
Current Estimated Value
$808,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,572
Avg. Annual Appreciation
124.35%
Original Mortgage
$173,794
Outstanding Balance
$171,227
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$637,345

Purchase Details

Closed on
Jan 11, 2006
Sold by
Olivares Alvaro
Bought by
Olivares Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 1997
Sold by
Moreno Darlene and Moreno Diana L
Bought by
Olivares Alvaro and Olivares Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,080
Interest Rate
7.44%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Olivares Diane Denise $177,000 Pacific Coast Title Company
Olivares Estela -- Fidelity National Title Co
Olivares Alvaro $200,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olivares Diane Denise $173,794
Previous Owner Olivares Estela $220,000
Previous Owner Olivares Alvaro $194,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2024 04/15/24 Sold $177,000 0.0% $105 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $177,000 -- $105 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,880 $738,480 $561,000 $177,480
2024 $4,880 $313,064 $95,478 $217,586
2023 $4,710 $306,926 $93,606 $213,320
2022 $4,565 $300,909 $91,771 $209,138
2021 $4,424 $295,010 $89,972 $205,038
2020 $4,393 $291,986 $89,050 $202,936
2019 $4,274 $286,261 $87,304 $198,957
2018 $4,252 $280,649 $85,593 $195,056
2016 $4,071 $269,753 $82,270 $187,483
2015 $3,861 $265,702 $81,035 $184,667
2014 $3,824 $260,498 $79,448 $181,050
Source: Public Records

Agents Affiliated with this Home

  • Coral Romero

    Seller's Agent in 2024

    Coral Romero

    Good Opportunity Company Inc.

    (323) 395-6485

    5 in this area

    36 Total Sales

    Coral Romero
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24073084

California Regional Multiple Listing Service (CRMLS)

APN: 6341-031-008

California Los Angeles County Los Angeles 90022

642 Hoefner Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.