Seller's Agent in 2017
Cajetan Alufuo
Zenith Homes & Mortgage
(562) 331-0345
18 Total Sales
6609 Menlo Ave Los Angeles, CA 90044
Vermont-Slauson NeighborhoodEstimated Value: $1,204,246 - $1,350,000
8
Beds
5
Baths
3,552
Sq Ft
$360/Sq Ft
Est. Value
Highlights
- City Lights View
- Granite Countertops
- Cooling System Mounted To A Wall/Window
- Contemporary Architecture
- Crown Molding
- Tile Flooring
About This Home
As of December 2017WE ARE SO EXCITED TO PRESENT THIS GOLDEN OPPORTUNITY TO OUR FHA BUYERS OUT THERE. OWNER-OCCUPIED & INVESTORS OPPORTUNITY GALORE. THIS IS A 4 PLEX- ALL DETACHED, ON A CORNER LOT. ALL THE UNITS HAVE DIFFERENT ADDRESSES AND HAVE SEPARATE YARDS. THERE IS UPSIDE POTENTIAL IN RENTS. LANDLORD IS IN THE PROCESS OF INCREASING THE RENTS BY 3% WITH PROJECTED CAP RATE OF %7.38 @ 5% VACANCY ALLOWANCE- WHICH IS UNLIKELY. SUBJECT IS IN A STABLE RENTAL MARKET.
ALL THE UNITS HAVE JUST GONE COMPLETE RENOVATION, BOTH OUTSIDE AND SOME OF THE INTERIORS. ALL FINISHINGS WERE DONE TO TASTE AND CLASS. THE GARAGE DOORS WERE COMPLETELY CHANGED. NEW LAMINATE FLOORS, NEW WATER HEATER, NEW WALL HEATER.
THERE IS A SECURED ENTRY WITH A WROUGHT IRON GATE ON ALL THE UNITS . THERE IS A LARGE BASEMENT FOR EXTRA STORAGE AND COIN LAUNDRY FOR EXTRA INCOME.
THIS IS A RENT CONTROLLED AREA. SUBJECT PROPERTY STILL SHOWS IN "REAP STATUS," BUT IN THE PROCESS OF BEING CLOSED OUT.
PLEASE DON'T WALK ON THE PROPERTY LINE. TENANTS ARE UNAWARE OF SALE. DRIVE BY ONLY.
BUYERS & AGENT OF BUYERS ARE ENCOURAGED TO CARRY OUT DUE DILIGENCE REGARDING THE SUBJECT PROPERTY, INCLUDING ALL PERMITS, ZONING, VIOLATIONS, AND ALL IMPORTANT INFORMATION PERTAINING THE SUBJECT. LISTING AGENT & BROKER DO NOT GUARANTEE ANY INFORMATION REGARDING THE SUBJECT PROPERTY.
Last Agent to Sell the Property
Zenith Homes & Mortgage License #01492027 Listed on: 09/26/2017
Last Buyer's Agent
Jack Harriman
Harriman Realty Group Inc License #01204794
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,370
Year Built
- Built in 1924 | Remodeled
Lot Details
- 8,581 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Property Views
- City Lights
- Neighborhood
Home Design
- Contemporary Architecture
- Cosmetic Repairs Needed
- Brick Foundation
- Stone Foundation
- Slab Foundation
- Shingle Roof
- Pre-Cast Concrete Construction
- Partial Copper Plumbing
- Asphalt
Interior Spaces
- 3,552 Sq Ft Home
- Crown Molding
- Ceiling Fan
- Gas Fireplace
- Family Room with Fireplace
- Dining Room with Fireplace
Kitchen
- Gas Oven
- Granite Countertops
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Home Security
- Window Bars
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Uses Natural Gas
- Wall Furnace
- 220 Volts in Kitchen
- Sewer on Bond
- Phone Available
- Satellite Dish
Listing and Financial Details
- Tenant pays for cable TV, electricity, telephone
- Tax Lot 105
- Tax Tract Number 105
- Assessor Parcel Number 6013009018
Community Details
Overview
- 4 Buildings
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $960
- Insurance Expense $2,400
- Water Sewer Expense $2,400
- New Taxes Expense $8,750
- Operating Expense $14,510
- Gross Income $65,550
- Net Operating Income $51,040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 7, 2020
Sold by
Oquendo Ricardo
Bought by
R O Housing Llc
Current Estimated Value
Purchase Details
Closed on
Jan 28, 2019
Sold by
R O Housing Llc
Bought by
Oquendo Ricardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,600
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 4, 2018
Sold by
Oquendo Ricardo
Bought by
R O Housing Llc
Purchase Details
Listed on
Sep 26, 2017
Closed on
Oct 25, 2017
Sold by
Okorocha John
Bought by
Oquendo Ricardo
Seller's Agent
Cajetan Alufuo
Zenith Homes & Mortgage
Buyer's Agent
Jack Harriman
Harriman Realty Group Inc
List Price
$700,000
Sold Price
$745,000
Premium/Discount to List
$45,000
6.43%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.08%
Original Mortgage
$606,430
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 7, 2016
Sold by
Okorocha Jill and Okorocha John
Bought by
Okorocha John
Purchase Details
Closed on
Oct 28, 2016
Sold by
Aguebor Demetris
Bought by
Okorocha John
Purchase Details
Closed on
Dec 23, 2005
Sold by
Pineda Jose F and The Jose & Blanca Pineda Livin
Bought by
Aguebor Demetris
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$539,100
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Sep 2, 2005
Sold by
Pineda Jose F and Pineda Blanca
Bought by
Pineda Jose F and Jose & Blanca Pineda Living Tr
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| R O Housing Llc | -- | None Available | |
| Oquendo Ricardo | -- | Title Source Inc | |
| R O Housing Llc | -- | None Available | |
| Oquendo Ricardo | $745,000 | Lawyers Title | |
| Okorocha John | -- | Lawyers Title | |
| Okorocha John | $390,000 | Lawyers Title | |
| Aguebor Demetris | $599,000 | Equity Title Company | |
| Pineda Jose F | -- | -- | |
| Pineda Jose F | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Oquendo Ricardo | $607,600 | |
| Previous Owner | Oquendo Ricardo | $606,430 | |
| Previous Owner | Aguebor Demetris | $539,100 | |
| Closed | Okorocha John | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/08/2017 12/08/17 | Sold | $745,000 | 0.0% | $210 / Sq Ft | |
| 10/23/2017 10/23/17 | Pending | -- | -- | -- | |
| 10/20/2017 10/20/17 | Off Market | $745,000 | -- | -- | |
| 09/26/2017 09/26/17 | For Sale | $700,000 | +79.5% | $197 / Sq Ft | |
| 03/23/2017 03/23/17 | Sold | $390,000 | -20.2% | $110 / Sq Ft | View Prior Sale |
| 12/09/2015 12/09/15 | Pending | -- | -- | -- | |
| 08/26/2015 08/26/15 | For Sale | $489,000 | -- | $138 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,370 | $874,913 | $710,868 | $164,045 |
| 2024 | $11,370 | $857,759 | $696,930 | $160,829 |
| 2023 | $11,169 | $840,941 | $683,265 | $157,676 |
| 2022 | $10,344 | $824,453 | $669,868 | $154,585 |
| 2021 | $10,197 | $808,288 | $656,734 | $151,554 |
| 2020 | $12,519 | $831,300 | $729,300 | $102,000 |
| 2019 | $9,548 | $759,900 | $535,500 | $224,400 |
| 2018 | $9,399 | $745,000 | $525,000 | $220,000 |
| 2017 | $8,903 | $705,312 | $588,745 | $116,567 |
| 2016 | $8,677 | $691,483 | $577,201 | $114,282 |
| 2015 | $8,554 | $681,097 | $568,531 | $112,566 |
| 2014 | $8,607 | $667,756 | $557,395 | $110,361 |
Source: Public Records
Agents Affiliated with this Home
-
Cajetan Alufuo
-
J
Buyer's Agent in 2017
Jack Harriman
Harriman Realty Group Inc
-
NoEmail NoEmail
N
Buyer's Agent in 2017
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
5,967 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17222298
APN: 6013-009-018
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.
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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