NOT LISTED FOR SALE

659 S Ditman Ave Los Angeles, CA 90023

Estimated Value: $725,000 - $1,110,000

7 Beds
2 Baths
2,282 Sq Ft
$421/Sq Ft Est. Value

Last Sold August 28, 2012

Last sale price $300,000 $131 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $5,591/month

90 Days on Market

Highlights

  • Craftsman Architecture
  • No HOA
  • 4 Car Garage
  • James A. Garfield Senior High School Rated A
  • Laundry Room
  • Carpet

About This Home

As of August 2012

2 separate units - front unit has 4 bedrooms 1 bath - spacious living room and kitchen. Back unit has 3 bedroom and 1.5 bath - built in 1985. The units are perfect to live in one and rent the other. Bring all your reasonable offers.

Last Agent to Sell the Property

Maria Nunez

Lux Living Estates License #01822317 Listed on: 11/02/2011

Lux Living Estates

Last Buyer's Agent

Maria Nunez

Lux Living Estates License #01822317 Listed on: 11/02/2011

Lux Living Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,736

Year Built

  • Built in 1910

Lot Details

  • 7,364 Sq Ft Lot

Parking

  • 4 Car Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof

Interior Spaces

  • 2,282 Sq Ft Home
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 50
  • Assessor Parcel Number 5238013036

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $65
  • Insurance Expense $565
  • Trash Expense $129
  • Water Sewer Expense $98
  • New Taxes Expense $4,500
  • Gross Income $1,100
  • Net Operating Income $7,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,736

Year Built

Built in 1910

Lot Details

0

Parking

4

Listing Details

  • Water Sewer Expenses: 98.00
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5238013036
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Price Per Square Foot: 131.46

Exterior Features

  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Trash Expense: 129.00

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 7364.00
  • Lot Size Acres: 0.1700

Multi Family

  • Average3 Bed Area: 1100
  • Electric Expense: 65.00
  • Gross Income: 1100.00
  • Gross Scheduled Income: 13200.00
  • Insurance Expense: 565.00
  • Lot Size Area: 7364.0000 Square Feet
  • Net Operating Income: 7200.00
  • 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: 600.00
  • Rent Control: No
  • Total Actual Rent: 2550.00

Tax Info

  • New Taxes Expense: 4500.00
  • Tax Lot: 10
  • Tax Tract Number: 50
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2012
Sold by
Garcia Margarita and Razo Robert
Bought by
Cruz Guillermo R and Cruz Maria D
Current Estimated Value
$960,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.53%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 26, 2007
Sold by
Garcia Margarita and Razo Robert
Bought by
Garcia Margarita and Razo Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2002
Sold by
Nunez Emma
Bought by
Garcia Margarita and Razo Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.88%

Purchase Details

Closed on
Aug 27, 1996
Sold by
Nunez Emma
Bought by
Nunez Emma and Salinas Norma
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
Cruz Guillermo R $300,000 Pacific Coast Title Company
Garcia Margarita -- Ticor Title Company
Garcia Margarita $285,000 Fidelity National Title
Nunez Emma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Guillermo R $294,566
Previous Owner Garcia Margarita $377,000
Previous Owner Garcia Margarita $228,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2012 08/28/12 Sold $300,000 -23.1% $131 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
11/02/2011 11/02/11 For Sale $390,000 -- $171 / 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 $5,736 $369,415 $283,222 $86,193
2024 $5,736 $362,172 $277,669 $84,503
2023 $5,478 $355,072 $272,225 $82,847
2022 $5,247 $348,111 $266,888 $81,223
2021 $5,182 $341,286 $261,655 $79,631
2020 $5,214 $337,788 $258,973 $78,815
2019 $5,038 $331,166 $253,896 $77,270
2018 $4,849 $324,673 $248,918 $75,755
2016 $4,640 $312,067 $239,253 $72,814
2015 $4,573 $307,381 $235,660 $71,721
2014 $4,578 $301,361 $231,044 $70,317
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11143571

California Regional Multiple Listing Service (CRMLS)

APN: 5238-013-036