NOT LISTED FOR SALE

653 E 73rd St Los Angeles, CA 90001

Florence Neighborhood

Estimated Value: $611,973 - $797,000

5 Beds
3 Baths
1,995 Sq Ft
$351/Sq Ft Est. Value

Last Sold July 03, 2017

Last sale price $389,000 $195 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $4,137/month

79 Days on Market

About This Home

As of July 2017

Great income property with lots of upside potential. Live in the front house and rent the 2 back units. Property has Four, 1-car garage. These units are located to major streets and 110 freeway.

Last Agent to Sell the Property

Rogelio Flores

Coldwell Banker Envision License #01300127 Listed on: 03/19/2017

Coldwell Banker Envision

Last Buyer's Agent

Rogelio Flores

Coldwell Banker Envision License #01300127 Listed on: 03/19/2017

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1939

Lot Details

  • 5,547 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Front Yard

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,995 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 244
  • Tax Tract Number 6097
  • Assessor Parcel Number 6023001011

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $28,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1939

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6023001011
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 194.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard
  • Lot Size Sq Ft: 5547.00

Multi Family

  • Gross Income: 28200.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2395.01
  • Tax Lot: 244
  • Tax Tract Number: 6097

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2017
Closed on
Jun 7, 2017
Sold by
Gordon Randy and Gordon David Alan
Bought by
Swan Robert John and Swan Clarissa Jeanne Lorenz
Seller's Agent
Rogelio Flores
Coldwell Banker Envision
Buyer's Agent
Rogelio Flores
Coldwell Banker Envision
List Price
$400,000
Sold Price
$389,000
Premium/Discount to List
-$11,000
-2.75%
Current Estimated Value
$700,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,243
Avg. Annual Appreciation
7.17%
Original Mortgage
$272,300
Outstanding Balance
$226,497
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$473,746

Purchase Details

Closed on
Jan 3, 2006
Sold by
Gordon Randy and Gordon David Alan
Bought by
Gordon Randy and Gordon David Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1997
Sold by
Gordon Ransom
Bought by
Gordon Randy and Gordon David Alan
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
Swan Robert John $389,000 Orange Coast Title Company
Gordon Randy -- Ticor Title Co
Gordon David Alan -- Ticor Title Co
Gordon Randy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swan Robert John $272,300
Previous Owner Gordon David Alan $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2017 07/03/17 Sold $389,000 -2.8% $195 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/22/2017 05/22/17 For Sale $400,000 0.0% $201 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
04/11/2017 04/11/17 Price Changed $400,000 -8.2% $201 / Sq Ft
03/19/2017 03/19/17 For Sale $435,900 -- $218 / 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 $5,612 $442,611 $250,321 $192,290
2024 $5,612 $433,933 $245,413 $188,520
2023 $5,509 $425,425 $240,601 $184,824
2022 $5,261 $417,084 $235,884 $181,200
2021 $5,190 $408,907 $231,259 $177,648
2020 $5,238 $404,715 $228,888 $175,827
2019 $5,041 $396,780 $224,400 $172,380
2018 $4,959 $389,000 $220,000 $169,000
2016 $803 $44,539 $11,321 $33,218
2015 $796 $43,871 $11,151 $32,720
2014 $820 $43,013 $10,933 $32,080
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rogelio Flores

    Coldwell Banker Envision

    (562) 866-7466

    3 Total Sales

    Rogelio Flores
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17057326

California Regional Multiple Listing Service (CRMLS)

APN: 6023-001-011

California Los Angeles County Los Angeles 90001 Florence

653 E 73rd St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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