NOT LISTED FOR SALE

644 E 73rd St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $587,577 - $740,000

3 Beds
3 Baths
1,545 Sq Ft
$416/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $497,000 $322 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,915/month

15 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property

About This Home

As of February 2020

Excellent Investment opportunity! Very well maintained units in the heart of Los Angeles, close to all amenities.. Units feature, new exterior paint within weeks, new roof front unit only, New double pane windows will be installed within weeks front unit only, central HVAC front unit, Fully occupied. Owner may consider helping Buyer with closing costs at an acceptable price.

Last Agent to Sell the Property

Alex Jimenez

CENTERLINK REALTY CORP. License #01186309 Listed on: 12/12/2019

Last Buyer's Agent

Tae Kim

Circa Properties, Inc. License #02024609

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Lot Details

  • 4,940 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Interior Spaces

  • 1,545 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 263
  • Tax Tract Number 6
  • Assessor Parcel Number 6023008012

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $960
  • Trash Expense $600
  • Water Sewer Expense $1,800
  • New Taxes Expense $6,212
  • Operating Expense $9,572
  • Gross Income $40,723
  • Net Operating Income $34,543

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6023008012
  • Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Price Per Square Foot: 321.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Yard
  • Lot Size Sq Ft: 4940.00
  • Lot Size Acres: 0.1134

Multi Family

  • Gross Income: 40723.00
  • Gross Scheduled Income: 40723.00
  • Insurance Expense: 960.00
  • Lot Size Area: 4940.0000 Square Feet
  • Net Operating Income: 34543.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6180.00
  • Rent Control: Yes
  • Total Actual Rent: 3394.00
  • Total Expenses: 9572.00

Tax Info

  • New Taxes Expense: 6212.00
  • Tax Census Tract: 2395.01
  • Tax Lot: 263
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2019
Closed on
Dec 31, 2019
Sold by
2 73Rd Trust
Bought by
Lee Yusoon
Seller's Agent
Alex Jimenez
CENTERLINK REALTY CORP.
Buyer's Agent
Tae Kim
Circa Properties, Inc.
List Price
$497,000
Sold Price
$497,000
Current Estimated Value
$642,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,894
Avg. Annual Appreciation
4.46%

Purchase Details

Closed on
Nov 25, 2019
Sold by
Allied Management Group Llc
Bought by
2 73Rd Trust

Purchase Details

Closed on
Sep 8, 2016
Sold by
Jimenez Alex R
Bought by
Allied Management Group Llc and 73Rd Street Trust

Purchase Details

Closed on
May 15, 2015
Sold by
Allied Management Group Llc
Bought by
Jimenez Alex R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2011
Sold by
Quijas Arturo and Quijas Teresa
Bought by
Allied Management Group Llc and The 73Rd Street Trust

Purchase Details

Closed on
Dec 6, 2010
Sold by
Castillo Marel A
Bought by
Quijas Arturo and Quijas Teresa

Purchase Details

Closed on
Mar 7, 2007
Sold by
Robinson Willie and Robinson Donna Rose
Bought by
Castillo Marel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
7.14%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 29, 2005
Sold by
White Arvillia and Green Kizzy
Bought by
Robinson Willie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2002
Sold by
Longino Maggie Crowell
Bought by
Longino Maggie Crowell and Maggie Crowell Longino Family
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lee Yusoon $497,000 Western Resources Title
2 73Rd Trust -- None Available
Allied Management Group Llc -- None Available
Jimenez Alex R -- Lawyers Title
Jimenez Alex R -- Lawyers Title
Allied Management Group Llc -- Accommodation
Quijas Arturo $100,000 None Available
Castillo Marel A $450,000 Commonwealth Land Title Co
Robinson Willie $336,000 Commonwealth Land Title Co
Longino Maggie Crowell -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jimenez Alex R $259,000
Previous Owner Castillo Marel A $360,000
Previous Owner Robinson Willie $302,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $497,000 0.0% $322 / Sq Ft
12/12/2019 12/12/19 For Sale $497,000 -- $322 / 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 $6,678 $543,538 $437,456 $106,082
2024 $6,678 $532,881 $428,879 $104,002
2023 $6,551 $522,433 $420,470 $101,963
2022 $6,249 $512,190 $412,226 $99,964
2021 $6,172 $502,148 $404,144 $98,004
2020 $5,189 $410,000 $350,000 $60,000
2019 $3,482 $273,653 $172,381 $101,272
2018 $3,414 $268,288 $169,001 $99,287
2016 $3,258 $257,873 $162,440 $95,433
2015 $3,064 $241,554 $157,235 $84,319
2014 -- $236,823 $154,155 $82,668
Source: Public Records

Agents Affiliated with this Home

  • Alex Jimenez

    Seller's Agent in 2020

    Alex Jimenez

    CENTERLINK REALTY CORP.

    (626) 222-4282

    1 Total Sale

    Alex Jimenez
    Section Image
  • Tae Kim

    Buyer's Agent in 2020

    Tae Kim

    Circa Properties, Inc.

    (213) 268-4384

    80 Total Sales

    Tae Kim
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19280278

California Regional Multiple Listing Service (CRMLS)

APN: 6023-008-012

California Los Angeles County Los Angeles 90001 Florence

644 E 73rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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