NOT LISTED FOR SALE

Estimated Value: $743,000 - $819,000

5 Beds
2 Baths
1,531 Sq Ft
$502/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $590,000 $385 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,853/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Laundry Room
  • Granite Countertops
  • Living Room
  • Tile Flooring

About This Home

As of November 2021

Amazing duplex opportunity for experienced investors or first-time homebuyers to own a very well-maintained income property in Los Angeles. The front unit is 3 bedrooms, 1 bath, washer and dryer hook-ups, open concept kitchen. With access to the backyard from the laundry area. Separate electric panel, gas meter, and water heaters, water meter is shared. Recently new roof with upgraded plumbing. The back unit is 2 bedrooms, 1 bath with access to the back yard from one of the bedrooms. If you’re in the market for a duplex, this one is worth checking out. Appointment only, schedule a showing! Easy access to the 110,10 and 105 freeways.

Last Agent to Sell the Property

Rachel Macias

Luxury Collective License #01922152 Listed on: 10/04/2021

Co-Listed By

Rebecca Thiedeman

Luxury Collective License #02030956

Last Buyer's Agent

Daisy Alonso Garcia

ROA California Inc. License #02039158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,717

Year Built

  • Built in 1921

Lot Details

  • 4,200 Sq Ft Lot
  • 1 Common Wall
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • Property Attached
  • Partial Copper Plumbing

Interior Spaces

  • 1,531 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Basement

Kitchen

  • Gas Oven
  • Gas Range
  • Granite Countertops
  • Corian Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Wall Furnace
  • 220 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 45
  • Tax Tract Number 5
  • Assessor Parcel Number 6013025003
  • $339 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,100
  • Trash Expense $540
  • Water Sewer Expense $1,200
  • Operating Expense $2,040
  • Gross Income $40,800
  • Net Operating Income $33,999

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,717

Year Built

Built in 1921

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 295000
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 6013025003
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Corian Counters, Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Price Per Square Foot: 385.37
  • Room Type: All Bedrooms Down, Basement, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Electric: 220 Volts, Electricity - On Property, Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 540.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard
  • Lot Size Sq Ft: 4200.00
  • Lot Size Acres: 0.0964

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 1100.00
  • Lot Size Area: 4200.0000 Square Feet
  • Net Operating Income: 33999.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2040.00
  • Rent Control: Yes
  • Total Expenses: 2040.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Census Tract: 2376.00
  • Tax Lot: 45
  • Tax Tract Number: 5
  • TaxOtherAnnualAssessmentAmount: 339.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2021
Closed on
Nov 4, 2021
Sold by
Martinez Carlos Jan
Bought by
Palacios Blanca A
Seller's Agent
Rachel Macias
Luxury Collective
Buyer's Agent
Daisy Alonso Garcia
ROA California Inc.
List Price
$590,000
Sold Price
$590,000
Current Estimated Value
$768,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,996
Avg. Annual Appreciation
7.34%
Original Mortgage
$501,500
Outstanding Balance
$460,627
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$308,369

Purchase Details

Listed on
Oct 4, 2021
Closed on
Oct 15, 2021
Sold by
Mancera Rafael
Bought by
Palacios Blanca A and Palacios Ana Ruth
Seller's Agent
Rachel Macias
Luxury Collective
Buyer's Agent
Daisy Alonso Garcia
ROA California Inc.
List Price
$590,000
Sold Price
$590,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,500
Outstanding Balance
$460,627
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$308,369

Purchase Details

Closed on
Aug 3, 2016
Sold by
B & J Capital Group Investments
Bought by
Mancera Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,748
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 21, 2016
Closed on
Feb 1, 2016
Sold by
Cisneros Alberto
Bought by
B & J Capital Group Investments
Seller's Agent
Esmeralda Gonzalez
Keller Williams Westchester
Buyer's Agent
Jorge Lara
E Real Estate Corp.
List Price
$260,000
Sold Price
$200,000
Premium/Discount to List
-$60,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%
Original Mortgage
$235,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 1996
Sold by
Buenrostro Augustin
Bought by
Cisneros Alberto and Cisneros Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,458
Interest Rate
6.98%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 1996
Sold by
Potts Ardelia
Bought by
Buenrostro Agustin and Buenrostro Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,458
Interest Rate
6.98%
Mortgage Type
FHA
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
Palacios Blanca A -- Western Resources Title
Palacios Blanca A $590,000 Western Resources Title
Mancera Rafael $430,000 Lawyers Title
B & J Capital Group Investments $200,000 Provident Title Co
Cisneros Alberto -- --
Buenrostro Agustin $85,000 Benefit Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Blanca A $501,500
Previous Owner Mancera Rafael $420,748
Previous Owner Cisneros Alberto $235,000
Previous Owner B & J Capital Group Investments $235,000
Previous Owner Buenrostro Agustin $84,458
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $590,000 0.0% $385 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $590,000 +195.0% $385 / Sq Ft
03/16/2016 03/16/16 Sold $200,000 -23.1% $130 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/21/2016 01/21/16 For Sale $260,000 -- $169 / 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 $7,717 $626,112 $477,543 $148,569
2024 $7,717 $613,836 $468,180 $145,656
2023 $7,575 $601,800 $459,000 $142,800
2022 $7,232 $590,000 $450,000 $140,000
2021 $5,759 $461,046 $321,660 $139,386
2019 $5,593 $447,372 $312,120 $135,252
2018 $5,507 $438,600 $306,000 $132,600
2016 $2,413 $182,415 $147,341 $35,074
2015 $2,380 $179,676 $145,128 $34,548
2014 $2,402 $176,158 $142,286 $33,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21206552

California Regional Multiple Listing Service (CRMLS)

APN: 6013-025-003