NOT LISTED FOR SALE

656 E 91st St Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $671,000 - $783,000

4 Beds
2 Baths
2,052 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 04, 2012

Last sale price $299,000 $146 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $4,297/month

14 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Heating Available
  • Spanish Architecture
  • Granite Countertops

About This Home

As of April 2012

Absolutely charming duplex that has been completely remodeled. This is an excellent opportunity for a family or investor. Front unit is a 3bed/1ba with original hardwood floors, large open new windows, recessed lighting, wood burning fireplace in the living room, partially covered front patio, inside laundry room, spacious bedrooms, breakfast nook, formal dining room, all new fixtures. The rear unit features a 1bed/1ba is exceptionally spacious with its own dining room, laundry room, & a living room with decorated mantel. Each unit with private yards. Don't let this amazing opportunity slip through your fingers. WILL NOT LAST!!!!

Last Agent to Sell the Property

Gil Valadez

Chris Presta, Broker License #01098449 Listed on: 02/16/2012

Last Buyer's Agent

Gil Valadez

Chris Presta, Broker License #01098449 Listed on: 02/16/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 5,671 Sq Ft Lot
  • Corner Lot

Home Design

  • Spanish Architecture
  • Spanish Tile Roof
  • Flat Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,052 Sq Ft Home
  • Fireplace Features Masonry
  • Window Screens
  • Wood Flooring
  • Granite Countertops

Parking

  • 4 Parking Spaces
  • Two Garage Doors

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7337
  • Assessor Parcel Number 6042013001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • New Taxes Expense $5,398
  • Gross Income $2,700
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 10.84
  • View: No
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 6042013001
  • Year Built: 1929
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Flooring: Wood
  • Appliances: No
  • Fireplace Features: Masonry
  • Levels: One
  • Price Per Square Foot: 145.71
  • Window Features: Screens

Exterior Features

  • Pool Private: No
  • Roof: Clay, Flat Tile, Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Gas Water Heater
  • Heating Type: Fireplace(s)
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5671.00
  • Lot Size Acres: 0.1300

Multi Family

  • Gross Income: 2700.00
  • Gross Multiplier: 9.23
  • Gross Scheduled Income: 32400.00
  • Lot Size Area: 5671.0000 Square Feet
  • Net Operating Income: 32400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Disposal: 2
  • Number With Patio: 1

Tax Info

  • New Taxes Expense: 5398.00
  • Tax Area: 461
  • Tax Lot: 1
  • Tax Tract Number: 7337
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2024
Sold by
Alvarez Jose Rafael
Bought by
Alvarez Jose Rafael
Current Estimated Value
$746,479

Purchase Details

Listed on
Feb 16, 2012
Closed on
Apr 3, 2012
Sold by
Bugarin Maria Mercedes
Bought by
Bugarin Marcelo and Bugarin Yesenia
Seller's Agent
Gil Valadez
Chris Presta, Broker
Buyer's Agent
Gil Valadez
Chris Presta, Broker
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%
Original Mortgage
$291,420
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 16, 2012
Closed on
Mar 14, 2012
Sold by
Urban Development Partners Llc
Bought by
Bugarin Marcelo and Bugarin Yesenia
Seller's Agent
Gil Valadez
Chris Presta, Broker
Buyer's Agent
Gil Valadez
Chris Presta, Broker
List Price
$299,000
Sold Price
$299,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,420
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2011
Sold by
Wells Fargo Bank N A
Bought by
Urban Development Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2009
Sold by
Castillo Aura
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 15, 2006
Sold by
Cortez Felicitas
Bought by
Castillo Aura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2005
Sold by
Stewart Sandra
Bought by
Cortez Felicitas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,800
Interest Rate
7.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 13, 2003
Sold by
Baylor Pearlean and Stewart Sandra
Bought by
Stewart Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.79%

Purchase Details

Closed on
Sep 23, 2002
Sold by
Baylor Pearlean
Bought by
Baylor Pearlean and Stewart Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,839
Interest Rate
6.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 4, 1999
Sold by
Baylor Pearlean Trust
Bought by
Baylor Pearlean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,700
Interest Rate
6.79%

Purchase Details

Closed on
May 31, 1995
Sold by
Stewart Sandra
Bought by
Baylor Pearlean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
8.36%

Purchase Details

Closed on
Oct 27, 1994
Sold by
Baylor Pearlean
Bought by
Baylor Pearlean and Stewart Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
9%

Purchase Details

Closed on
May 9, 1994
Sold by
Baylor Pearlean
Bought by
The Pearlean S Baylor Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarez Jose Rafael -- None Listed On Document
Alvarez Armando -- None Listed On Document
Bugarin Marcelo -- None Listed On Document
Bugarin Marcelo -- Investors Title
Bugarin Marcelo $299,000 Investors Title
Urban Development Partners Llc -- Lawyers Title
Wells Fargo Bank Na $395,600 Accommodation
Castillo Aura -- Security Union Title
Cortez Felicitas $396,000 --
Stewart Sandra -- California Counties Title Co
Baylor Pearlean -- Gateway Title Company
Baylor Pearlean -- Southland Title Corporation
Baylor Pearlean -- Fidelity National Title
Baylor Pearlean -- Western Cities Title
The Pearlean S Baylor Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bugarin Marcelo $291,420
Previous Owner Urban Development Partners Llc $165,000
Previous Owner Castillo Aura $480,000
Previous Owner Cortez Felicitas $316,800
Previous Owner Stewart Sandra $175,000
Previous Owner Baylor Pearlean $26,839
Previous Owner Baylor Pearlean $130,700
Previous Owner Baylor Pearlean $132,500
Previous Owner Baylor Pearlean $123,750
Closed Cortez Felicitas $79,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2012 04/04/12 Sold $299,000 0.0% $146 / Sq Ft
03/01/2012 03/01/12 Pending -- -- --
02/16/2012 02/16/12 For Sale $299,000 -- $146 / 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 $5,055 $375,549 $200,964 $174,585
2024 $5,055 $368,186 $197,024 $171,162
2023 $4,963 $360,967 $193,161 $167,806
2022 $4,748 $353,890 $189,374 $164,516
2021 $4,682 $346,952 $185,661 $161,291
2020 $4,722 $343,396 $183,758 $159,638
2019 $4,548 $336,663 $180,155 $156,508
2018 $4,440 $330,063 $176,623 $153,440
2016 $4,227 $317,248 $169,765 $147,483
2015 $4,164 $312,483 $167,215 $145,268
2014 $4,183 $306,363 $163,940 $142,423
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2012

    Gil Valadez

    Chris Presta, Broker

    (213) 494-1637

    7 Total Sales

    Gil Valadez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1200922

California Regional Multiple Listing Service (CRMLS)

APN: 6042-013-001

California Los Angeles County Los Angeles 90002 Green Meadows

656 E 91st St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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