NOT LISTED FOR SALE

651 S Gerhart Ave Los Angeles, CA 90022

Estimated Value: $731,000 - $814,000

3 Beds
1 Bath
1,321 Sq Ft
$581/Sq Ft Est. Value

Last Sold June 26, 2012

Last sale price $240,000 $182 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $4,575/month

24 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of June 2012

Great Property! Two units on 6,587 sq. ft. Lot! Front unit has a fireplace, wall heater, and wall air conditioner and is a 2 bed and 1 bath with additional shared space upstairs for 3rd beds.. Back unit is a separate structure with 1 bedroom. Two car garage with remote. Great open space in back with covered roof area, additional carport parking, and a huge avocado tree. Fresh paint on inside and cleaned carpets. Workshop area for handyman in back. Minutes from FWY 60, 5, and 710. Close to public transportation. Buyers to verify all aspects of the property to their satisfaction.

Last Agent to Sell the Property

LARRY YANG

DYNAMIC DEVELOPMENT REALTY INC License #01350135 Listed on: 05/05/2012

Last Buyer's Agent

Sal Garcia

Advantage Realty Group License #01873176

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,699

Year Built

  • Built in 1927

Lot Details

  • 6,588

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • 1,321 Sq Ft Home

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • 6,588 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 565
  • Tax Tract Number 5445
  • Assessor Parcel Number 6342026033

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,699

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Zoning: LCR305
  • Property Type: Residential Income
  • Parcel Number: 6342026033
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 181.68

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6588.00
  • Lot Size Acres: 0.1510

Multi Family

  • Lot Size Area: 6588.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 565
  • Tax Tract Number: 5445
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2013
Sold by
Hernandez Carlos and Hernandez Christina
Bought by
Hernandez Carlos and Hernandez Christina
Current Estimated Value
$767,689

Purchase Details

Listed on
May 5, 2012
Closed on
Jun 21, 2012
Sold by
The Ralph M Secours Living Trust
Bought by
Hernandez Carlos
Seller's Agent
LARRY YANG
DYNAMIC DEVELOPMENT REALTY INC
Buyer's Agent
Sal Garcia
Advantage Realty Group
List Price
$262,000
Sold Price
$240,000
Premium/Discount to List
-$22,000
-8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.22%
Original Mortgage
$168,000
Interest Rate
3.77%
Mortgage Type
New Conventional
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
Hernandez Carlos -- None Available
Hernandez Carlos -- None Available
Hernandez Carlos $240,000 Western Resources Title Co
Hernandez Carlos -- Western Resources Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Carlos $139,600
Closed Hernandez Carlos $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2012 06/26/12 Sold $240,000 -8.4% $182 / Sq Ft
05/29/2012 05/29/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $262,000 -- $198 / 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 $4,699 $301,441 $226,084 $75,357
2024 $4,699 $295,531 $221,651 $73,880
2023 $4,530 $289,737 $217,305 $72,432
2022 $4,392 $284,057 $213,045 $71,012
2021 $4,259 $278,488 $208,868 $69,620
2020 $4,231 $275,634 $206,727 $68,907
2019 $4,117 $270,230 $202,674 $67,556
2018 $4,126 $264,932 $198,700 $66,232
2016 $3,958 $254,646 $190,985 $63,661
2015 $3,755 $250,822 $188,117 $62,705
2014 $3,721 $245,910 $184,433 $61,477
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2012

    LARRY YANG

    DYNAMIC DEVELOPMENT REALTY INC

  • S

    Buyer's Agent in 2012

    Sal Garcia

    Advantage Realty Group

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W12057193

California Regional Multiple Listing Service (CRMLS)

APN: 6342-026-033

California Los Angeles County Los Angeles 90022

651 S Gerhart Ave, Los Angeles, CA

This home is located at 651 S Gerhart Ave, Los Angeles, CA 90022 since 05 May 2012 and is currently estimated at $767,689, approximately $581 per square foot. This property was built in 1927. 651 S Gerhart Ave is a home located in Los Angeles County with nearby schools including Joseph A. Gascon Elementary School, Eastmont Intermediate School, and Schurr High School.

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

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