NOT LISTED FOR SALE

659 Penrith Dr Los Angeles, CA 90023

Estimated Value: $773,000 - $966,000

3 Beds
2 Baths
1,716 Sq Ft
$502/Sq Ft Est. Value

Last Sold September 27, 2019

Last sale price $585,000 $341 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,248/month

165 Days on Market

Highlights

  • Property is near public transit
  • Felicitas and Gonzalo Mendez High Rated A-
  • Laundry Room

About This Home

As of September 2019

(Agents Please see Remarks) Excellent Duplex that can possibly be a Triplex. Front unit has 2 bedrooms & 1 bath. The rear building consists of a 1 bedroom 1 bath apartment upstairs plus 3 garages downstairs, however 2 of the garages were converted to a 1 bedroom 1 bath apartment which can easily be legalized to make it a Triplex or as an Accessory Dwelling Unit. Just minutes from Downtown L.A. Close to schools, shopping, etc.

Last Agent to Sell the Property

Cesar Navarro

RE/MAX MASTERS REALTY License #01250916 Listed on: 01/08/2019

RE/MAX MASTERS REALTY

Last Buyer's Agent

Chris Benevidez

RE/MAX Gold License #01234149

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,879

Year Built

  • Built in 1931

Lot Details

  • 5,520 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage

Home Design

  • 1,716 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 4433
  • Assessor Parcel Number 5185027008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $650
  • Water Sewer Expense $2,400
  • Operating Expense $3,050
  • Gross Income $25,200
  • Net Operating Income $1,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,879

Year Built

Built in 1931

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5185027008
  • Year Built: 1931
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 340.91

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 5520.00
  • Lot Size Acres: 0.1267

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 2100.00
  • Insurance Expense: 650.00
  • Lot Size Area: 5520.0000 Square Feet
  • Net Operating Income: 1900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 200.00
  • Rent Control: Yes
  • Total Expenses: 3050.00

Tax Info

  • Tax Census Tract: 2047.00
  • Tax Lot: 7
  • Tax Tract Number: 4433

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Sep 25, 2019
Sold by
Rodriguez Pablo and Rodriguez Elba O
Bought by
Sanchez Reyes Daniel Michael and Sanchez Reyes Arielle
Seller's Agent
Cesar Navarro
RE/MAX MASTERS REALTY
Buyer's Agent
Cesar Navarro
RE/MAX MASTERS REALTY
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Current Estimated Value
$861,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,638
Avg. Annual Appreciation
6.25%
Original Mortgage
$574,404
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Sanchez Reyes Daniel Michael $585,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Daniel Michael $563,515
Closed Sanchez Reyes Daniel Michael $574,404
Previous Owner Rodriguez Pablo $300,000
Previous Owner Rodriguez Pablo $106,000
Previous Owner Rodriguez Pablo $321,000
Previous Owner Rodriguez Pablo $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $585,000 0.0% $341 / Sq Ft
07/18/2019 07/18/19 Price Changed $585,000 -2.3% $341 / Sq Ft
01/08/2019 01/08/19 For Sale $599,000 -- $349 / 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 $7,879 $639,778 $421,051 $218,727
2024 $7,879 $627,235 $412,796 $214,439
2023 $7,729 $614,937 $404,702 $210,235
2022 $7,374 $602,880 $396,767 $206,113
2021 $7,281 $591,060 $388,988 $202,072
2020 $7,352 $585,000 $385,000 $200,000
2019 $2,469 $182,051 $76,457 $105,594
2018 $2,373 $178,482 $74,958 $103,524
2016 $2,254 $171,554 $72,049 $99,505
2015 $2,224 $168,978 $70,967 $98,011
2014 $2,244 $165,669 $69,577 $96,092
Source: Public Records

Agents Affiliated with this Home

  • Cesar Navarro

    Seller's Agent in 2019

    Cesar Navarro

    RE/MAX

    (626) 967-1779

    43 Total Sales

    Cesar Navarro
    Section Image

  • C

    Buyer's Agent in 2019

    Chris Benevidez

    RE/MAX Gold

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19022782

California Regional Multiple Listing Service (CRMLS)

APN: 5185-027-008

California Los Angeles County Los Angeles 90023

659 Penrith Dr, Los Angeles, CA

This home is located at 659 Penrith Dr, Los Angeles, CA 90023 since 08 January 2019 and is currently estimated at $861,638, approximately $502 per square foot. This property was built in 1931. 659 Penrith Dr is a home located in Los Angeles County with nearby schools including Soto Street Elementary School, Hollenbeck Middle School, and Theodore Roosevelt 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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