NOT LISTED FOR SALE

Estimated Value: $555,000 - $809,147

4 Beds
3 Baths
1,586 Sq Ft
$433/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $495,000 $312 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,108/month

79 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard

About This Home

As of May 2023

Investment opportunity in South Los Angeles! This Duplex with a 3 bedroom, 2 bath and 1 bedroom, 1 bathroom, near schools, parks, restaurants, and shopping centers plus easy access to the 105 and 110 freeways. Located in a diverse community that champions economic viability for all, this property would make a perfect addition, or start, to your rental portfolio. Do not miss this fantastic opportunity!

Last Agent to Sell the Property

Bryan Ochse

Media West Realty,Inc. License #01451724 Listed on: 01/23/2023

Last Buyer's Agent

Jordan Davies

Keller Williams Realty Calabasas License #01914332

Keller Williams Realty Calabasas

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1911

Lot Details

  • 4,700 Sq Ft Lot
  • Two or More Common Walls
  • Back and Front Yard

Home Design

  • 1,586 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 37
  • Tax Tract Number 4547
  • Assessor Parcel Number 5115011019
  • $348 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $1,200
  • Professional Management Expense $1,416
  • Water Sewer Expense $5,000
  • New Taxes Expense $6,863
  • Operating Expense $15,679
  • Gross Income $35,400
  • Net Operating Income $33,714

Property Details

Home Type

Multi-Family

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Professional Management Expense: 1416.00
  • Property Attached: Yes
  • Water Sewer Expenses: 5000.00
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5115011019
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 312.11

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4700.00
  • Lot Size Acres: 0.1079

Multi Family

  • Gross Income: 35400.00
  • Gross Scheduled Income: 50400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 4700.0000 Square Feet
  • Net Operating Income: 33714.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 15679.00
  • Rent Control: Yes
  • Total Expenses: 15679.00

Tax Info

  • New Taxes Expense: 6862.50
  • Tax Census Tract: 2286.00
  • Tax Lot: 37
  • Tax Tract Number: 4547
  • TaxOtherAnnualAssessmentAmount: 348.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
May 2, 2023
Sold by
Arruda Thais Christine Cardoso
Bought by
Davies Jordan Liam
Seller's Agent
Bryan Ochse
Media West Realty,Inc.
Buyer's Agent
Jordan Davies
Keller Williams Realty Calabasas
List Price
$549,000
Sold Price
$495,000
Premium/Discount to List
-$54,000
-9.84%
Views
301
Current Estimated Value
$687,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,287
Avg. Annual Appreciation
12.77%
Original Mortgage
$577,013
Outstanding Balance
$560,441
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$126,846

Purchase Details

Listed on
Jan 23, 2023
Closed on
Apr 13, 2023
Sold by
William V Harrison Trust
Bought by
Davies Jordan Liam
Seller's Agent
Bryan Ochse
Media West Realty,Inc.
Buyer's Agent
Jordan Davies
Keller Williams Realty Calabasas
List Price
$549,000
Sold Price
$495,000
Premium/Discount to List
-$54,000
-9.84%
Views
301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,013
Outstanding Balance
$560,441
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$126,846

Purchase Details

Closed on
Jul 30, 2005
Sold by
Harrison William V
Bought by
Harrison William and The William V Harrison Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Davies Jordan Liam -- Monarch Title
Davies Jordan Liam $495,000 Monarch Title
Harrison William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davies Jordan Liam $577,013
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $495,000 -0.8% $312 / Sq Ft
03/21/2023 03/21/23 Price Changed $499,000 -9.1% $315 / Sq Ft
01/23/2023 01/23/23 For Sale $549,000 -- $346 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,423 $514,998 $312,120 $202,878
2024 $6,423 $504,900 $306,000 $198,900
2023 $7,562 $600,000 $450,000 $150,000
2022 $899 $46,245 $24,001 $22,244
2021 $881 $45,339 $23,531 $21,808
2019 $861 $43,996 $22,834 $21,162
2018 $787 $43,135 $22,387 $20,748
2016 $737 $41,463 $21,519 $19,944
2015 $730 $40,841 $21,196 $19,645
2014 $747 $40,042 $20,781 $19,261
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB23007196

California Regional Multiple Listing Service (CRMLS)

APN: 5115-011-019