$450,000
SOLD JUN 27, 2018
4 Beds
3 Baths
2,081 Sq Ft
4,200 Sq Ft Lot

Recently Sold

$216 Per Sq Ft

4% Below List Price

144 Days on Market

Highlights

  • Stables
  • Midcentury Modern Architecture
  • No HOA
  • All Bedrooms Downstairs
  • Great Room
  • Built-In Features

About This Home

As of July 2021

This home is located at 6716 S Figueroa St, Los Angeles, CA 90003 and is currently priced at $450,000, approximately $216 per square foot. This property was built in 1921. 6716 S Figueroa St is a home located in Los Angeles County with nearby schools including Mary McLeod Bethune Middle School, Academy For Multiligual Arts And Science At Mervyn M. Dymally High, and KIPP Comienza Community Prep.

Last Agent to Sell the Property

Philip Ahn

Bestway Realty License #01935621 Listed on: 12/22/2017

Last Buyer's Agent

Philip Ahn

Bestway Realty License #01935621 Listed on: 12/22/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,633

Year Built

  • Built in 1921

Lot Details

  • 4,200 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Fence is in average condition
  • Density is 2-5 Units/Acre

Home Design

  • Midcentury Modern Architecture
  • Fire Rated Drywall
  • Shingle Roof

Interior Spaces

  • 2,081 Sq Ft Home
  • Built-In Features
  • Panel Doors
  • Great Room
  • Property Views

Kitchen

  • Gas Oven
  • Gas Cooktop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • No Heating
  • Phone Available

Additional Features

  • Doors are 32 inches wide or more
  • Stables

Listing and Financial Details

  • Assessor Parcel Number 6013026003

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $400
  • Maintenance Expense $2,275
  • Trash Expense $50
  • Water Sewer Expense $50
  • New Taxes Expense $5,628
  • Operating Expense $8,400
  • Gross Income $37,200
  • Net Operating Income $8,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,633

Year Built

Built in 1921

Lot Details

0

Listing Details

  • CapRate: 6.00
  • Other Phone Description: 6262016676
  • Other Phone Number: 6262016676
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Unpaved
  • View: Yes
  • Water Sewer Expenses: 50.00
  • Architectural Style: Mid Century Modern
  • Property Type: Residential Income
  • Parcel Number: 6013026003
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Door Features: Panel Doors
  • Price Per Square Foot: 216.24
  • Room Type: All Bedrooms Down, Great Room, Kitchen, Laundry

Exterior Features

  • Exterior Features: Stable
  • Fence: Yes
  • Fencing: Average Condition, Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop
  • Electric: Standard
  • Laundry Features: Common Area, Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4200.00

Multi Family

  • Average1 Bed Area: 650 Square Feet
  • Average2 Bed Area: 1000 Square Feet
  • Average Studio Area: 400 Square Feet
  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 400.00
  • Maintenance Expense: 2275.00
  • Net Operating Income: 8400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 3
  • Operating Expense: 8400.00
  • Rent Control: No
  • Total Expenses: 8400.00
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 5628.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 30, 2021
Sold by
Min Kyung S and Min Misook
Bought by
Zarate Saul Aguilera
Seller's Agent
Philip Ahn
Bestway Realty
Buyer's Agent
Mirna Alvarez
Elevate Real Estate Agency
List Price
$575,000
Sold Price
$580,000
Premium/Discount to List
$5,000
0.87%
Current Estimated Value
$703,025

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,025
Avg. Annual Appreciation
4.69%
Original Mortgage
$580,000
Outstanding Balance
$526,260
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$176,765

Purchase Details

Listed on
Dec 22, 2017
Closed on
Jun 18, 2018
Sold by
You Hee Soon
Bought by
Min Kyung S and Lee Misook
Seller's Agent
Philip Ahn
Bestway Realty
Buyer's Agent
Philip Ahn
Bestway Realty
List Price
$469,000
Sold Price
$450,000
Premium/Discount to List
-$19,000
-4.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.62%
Original Mortgage
$360,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2018
Sold by
You Hee Soon and Hwang Tomas
Bought by
You Hee Soon

Purchase Details

Closed on
Sep 16, 2017
Sold by
Yoo Hee Soon
Bought by
Hwangun Tomas and You Hee Soon

Purchase Details

Closed on
Aug 3, 2017
Sold by
Hwaag Tomas
Bought by
You Hee Soon

Purchase Details

Closed on
Mar 2, 2016
Sold by
Park Hyun
Bought by
Hwang Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,479
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 22, 2015
Closed on
Apr 20, 2015
Sold by
Sovereign Ventures Inc
Bought by
Park Hyun
Seller's Agent
Bryan Cathcart
City and Coast Properties
Buyer's Agent
Yolanda Nunez
Exclusive Realty Inc
List Price
$325,000
Sold Price
$275,000
Premium/Discount to List
-$50,000
-15.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.40%

Purchase Details

Closed on
Aug 30, 2012
Sold by
Carter Gregory S and Carter Etta J
Bought by
Sovereign Ventures Inc

Purchase Details

Closed on
Apr 27, 2006
Sold by
Carter Gregory S and Carter Etta J
Bought by
Carter Gregory S and Carter Etta J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 21, 2005
Sold by
Carter Gregory S
Bought by
Carter Gregory S and Carter Etta J

Purchase Details

Closed on
Aug 25, 2005
Sold by
Hayes Gertrude
Bought by
Carter Gregory S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $580,000 Stewart Title Of California In
Grant Deed $450,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed -- None Available
Grant Deed $360,000 None Available
Grant Deed $275,000 Provident Title Company
Trustee Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 VA
Previous Owner $360,000 New Conventional
Previous Owner $353,479 FHA
Previous Owner $200,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $580,000 +0.9% $279 / Sq Ft
05/10/2021 05/10/21 For Sale $575,000 +27.8% $276 / Sq Ft
06/27/2018 06/27/18 Sold $450,000 -4.1% $216 / Sq Ft
05/15/2018 05/15/18 Pending -- -- --
05/03/2018 05/03/18 For Sale $469,000 0.0% $225 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
12/22/2017 12/22/17 For Sale $469,000 +70.5% $225 / Sq Ft
04/23/2015 04/23/15 Sold $275,000 -15.4% $132 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/22/2015 01/22/15 For Sale $325,000 -- $156 / 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 $7,633 $615,500 $530,604 $84,896
2024 $7,633 $603,432 $520,200 $83,232
2023 $7,493 $591,600 $510,000 $81,600
2022 $7,156 $580,000 $500,000 $80,000
2021 $5,936 $473,029 $315,353 $157,676
2020 $5,993 $468,180 $312,120 $156,060
2019 $5,765 $459,000 $306,000 $153,000
2018 $5,470 $430,000 $300,000 $130,000
2017 $4,622 $360,000 $260,000 $100,000
2016 $3,624 $279,193 $147,211 $131,982
2015 $3,960 $307,382 $153,691 $153,691
2014 -- $301,362 $150,681 $150,681
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18001314

California Regional Multiple Listing Service (CRMLS)

APN: 6013-026-003