NOT LISTED FOR SALE

Estimated Value: $822,000 - $1,133,000

8 Beds
4 Baths
3,200 Sq Ft
$298/Sq Ft Est. Value

Last Sold October 17, 2017

Last sale price $620,000 $194 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,952/month

Highlights

  • Property is near public transit
  • Wall Furnace
  • 1-Story Property
  • Laundry Room

About This Home

As of October 2017

This property is an investor's delight! Located in the city of Los Angeles, where rental properties are easy to occupy! Duplex with spacious bedrooms, living room, kitchens, and many more! Easy cash flow property with beautiful units your client will love!

Last Agent to Sell the Property

Edwin Wen

RE/MAX 2000 REALTY License #01885711 Listed on: 08/31/2017

RE/MAX 2000 REALTY

Last Buyer's Agent

Edwin Wen

RE/MAX 2000 REALTY License #01885711 Listed on: 08/31/2017

RE/MAX 2000 REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,972

Year Built

  • Built in 2013

Lot Details

  • 5,404 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Interior Spaces

  • 3,200 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 99
  • Tax Tract Number 1977
  • Assessor Parcel Number 6042004059

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,972

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6042004059
  • Year Built: 2013
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 193.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • 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: Near Public Transit
  • Lot Size Sq Ft: 5404.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2400.10
  • Tax Lot: 99
  • Tax Tract Number: 1977

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 16, 2017
Sold by
Wu Jimmy Qian
Bought by
Desert Heaven Investment Group Llc
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Edwin Wen
RE/MAX 2000 REALTY
List Price
$660,000
Sold Price
$620,000
Premium/Discount to List
-$40,000
-6.06%
Current Estimated Value
$955,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,145
Avg. Annual Appreciation
4.68%
Original Mortgage
$465,000
Outstanding Balance
$389,339
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$499,167

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 12, 2017
Sold by
Chen Yun Ying
Bought by
Wu Jimmy Qian
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Edwin Wen
RE/MAX 2000 REALTY
List Price
$660,000
Sold Price
$620,000
Premium/Discount to List
-$40,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$389,339
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$499,167

Purchase Details

Listed on
Aug 31, 2017
Closed on
Sep 27, 2017
Sold by
Sentoya Llc
Bought by
Wu Jimmy Qian
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Edwin Wen
RE/MAX 2000 REALTY
List Price
$660,000
Sold Price
$620,000
Premium/Discount to List
-$40,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$389,339
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$499,167

Purchase Details

Listed on
Aug 31, 2017
Closed on
Sep 19, 2017
Sold by
Yao Andrew
Bought by
Sentoya Llc
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Edwin Wen
RE/MAX 2000 REALTY
List Price
$660,000
Sold Price
$620,000
Premium/Discount to List
-$40,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$389,339
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$499,167

Purchase Details

Listed on
Aug 31, 2017
Closed on
Aug 30, 2017
Sold by
Yao Andrew
Bought by
Sentoya Llc
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Edwin Wen
RE/MAX 2000 REALTY
List Price
$660,000
Sold Price
$620,000
Premium/Discount to List
-$40,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$389,339
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$499,167

Purchase Details

Closed on
Jul 12, 2017
Sold by
Teng Rosmawani
Bought by
Yao Andrew and Teng Rosmawani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 23, 2016
Closed on
Jan 9, 2017
Sold by
Calubaquib Maela
Bought by
Teng Rosmawani
Seller's Agent
Endrico Patolot
MAJESTIC REALTY & INVESTMENT
Buyer's Agent
Endrico Patolot
MAJESTIC REALTY & INVESTMENT
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%

Purchase Details

Listed on
Jan 23, 2016
Closed on
Jan 6, 2017
Sold by
Yao Andrew
Bought by
Teng Rosmawani
Seller's Agent
Endrico Patolot
MAJESTIC REALTY & INVESTMENT
Buyer's Agent
Endrico Patolot
MAJESTIC REALTY & INVESTMENT
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%

Purchase Details

Closed on
Apr 30, 2014
Sold by
Hot Chocolate Inc
Bought by
Calubaquib Maela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,490
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 27, 2012
Closed on
Jun 1, 2012
Sold by
Bank Of America Na
Bought by
Hot Chocolate Inc Defined Benefit Pensio
Seller's Agent
Mark Alston
Skyway Realty
Buyer's Agent
Mark Alston
Skyway Realty
List Price
$109,900
Sold Price
$126,500
Premium/Discount to List
$16,600
15.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.91%

Purchase Details

Closed on
May 24, 2011
Sold by
Wright Mary Lee
Bought by
Bank Of America National Association

Purchase Details

Closed on
Aug 22, 2002
Sold by
Wright Mary Lee
Bought by
Wright Mary Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
3.26%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Desert Heaven Investment Group Llc -- Fidelity Sherman Oaks
Wu Jimmy Qian -- Fidelity Sherman Oaks
Wu Jimmy Qian $620,000 Fidelity Sherman Oaks
Sentoya Llc -- Fidelity Sherman Oaks
Sentoya Llc -- None Available
Yao Andrew -- Lawyers Title
Teng Rosmawani $490,000 None Available
Teng Rosmawani -- None Available
Calubaquib Maela $525,000 Title 365
Hot Chocolate Inc Defined Benefit Pensio $126,500 Landsafe Title Simi Valley
Bank Of America National Association $120,000 Accommodation
Wright Mary Lee -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Jimmy Qian $465,000
Previous Owner Yao Andrew $420,000
Previous Owner Calubaquib Maela $515,490
Previous Owner Wright Mary Lee $532,500
Previous Owner Wright Mary Lee $202,500
Closed Wright Mary Lee $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2017 10/17/17 Sold $620,000 -6.1% $194 / Sq Ft
10/11/2017 10/11/17 Price Changed $660,000 -5.7% $206 / Sq Ft
10/09/2017 10/09/17 Price Changed $700,000 +6.1% $219 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $660,000 +34.7% $206 / Sq Ft
02/17/2017 02/17/17 Sold $490,000 -3.0% $153 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
12/14/2016 12/14/16 Price Changed $505,000 -8.2% $158 / Sq Ft
01/09/2016 01/09/16 For Sale $550,000 +334.8% $172 / Sq Ft
06/18/2012 06/18/12 Sold $126,500 +15.1% $148 / Sq Ft
05/15/2012 05/15/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $109,900 -- $129 / 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 $8,972 $705,451 $364,104 $341,347
2024 $8,972 $691,619 $356,965 $334,654
2023 $8,804 $678,059 $349,966 $328,093
2022 $8,408 $664,764 $343,104 $321,660
2021 $8,292 $651,730 $336,377 $315,353
2020 $8,370 $645,048 $332,928 $312,120
2019 $8,049 $632,400 $428,400 $204,000
2018 $7,940 $620,000 $420,000 $200,000
2016 $6,943 $543,654 $238,172 $305,482
2015 $6,840 $535,489 $234,595 $300,894
2014 $5,617 $422,615 $129,615 $293,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17202452

California Regional Multiple Listing Service (CRMLS)

APN: 6042-004-059