NOT LISTED FOR SALE

Estimated Value: $743,000 - $779,000

4 Beds
2 Baths
1,822 Sq Ft
$420/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $495,000 $272 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,557/month

46 Days on Market

About This Home

As of December 2019

Great opportunity to own this income property in a High demand area, close to Downtown Los Angeles this duplex features 2 bedrooms 1 bathroom each with large back yard divided to enjoy privacy both units are in good conditions 1 assigned parking in the front for each unit , it wont last.

Last Agent to Sell the Property

Enrique Gomez

First Family Homes License #01719025 Listed on: 09/20/2019

Last Buyer's Agent

Carlos Nogales

Century 21 Allstars License #01920742

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 6,020 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,822 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces

Additional Features

  • Laundry Room
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 12
  • Tax Tract Number 12
  • Assessor Parcel Number 5103005028

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $695
  • Water Sewer Expense $500
  • New Taxes Expense $4,779
  • Operating Expense $500
  • Gross Income $32,124
  • Net Operating Income $9,554

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 500.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5103005028
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 271.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6020.00
  • Lot Size Acres: 0.1382

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 32124.00
  • Gross Scheduled Income: 32124.00
  • Insurance Expense: 695.00
  • Lot Size Area: 6020.0000 Square Feet
  • Net Operating Income: 9554.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 796.00
  • Other Income Description: 22,570 estimated yearly after
  • Rent Control: Yes
  • Total Expenses: 500.00

Tax Info

  • New Taxes Expense: 4779.00
  • Tax Census Tract: 2294.20
  • Tax Lot: 12
  • Tax Tract Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2019
Closed on
Dec 15, 2019
Sold by
Loeza Jesus Martinez
Bought by
Herrera Henry and Herrera Ariana
Seller's Agent
Enrique Gomez
First Family Homes
Buyer's Agent
Carlos Nogales
Century 21 Allstars
List Price
$495,000
Sold Price
$495,000
Current Estimated Value
$765,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,753
Avg. Annual Appreciation
7.50%
Original Mortgage
$486,034
Outstanding Balance
$428,509
Interest Rate
3.6%
Mortgage Type
FHA
Estimated Equity
$337,244

Purchase Details

Closed on
Jun 4, 2015
Sold by
Fusilier Ernestina
Bought by
Loeza Jesus Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,725
Interest Rate
3.86%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 7, 2014
Closed on
Jun 12, 2014
Sold by
Rodriguez Maria Lucia
Bought by
Fusilier Ernestina
Seller's Agent
Polo Carrillo
Coldwell Banker Envision
Buyer's Agent
Patricia Fusilier
Coldwell Banker Envision
List Price
$180,000
Sold Price
$190,000
Premium/Discount to List
$10,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$186,558
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 14, 2005
Sold by
Rodriguez Armando
Bought by
Rodriguez Maria Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
5.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 14, 2005
Sold by
Sanchez Vicente and Sanchez Roberto
Bought by
Rodriguez Maria Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 13, 2004
Sold by
Mejia Ricardo and Macall Elba
Bought by
Sanchez Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2001
Sold by
D H P Investments Inc
Bought by
Mejia Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,296
Interest Rate
7.14%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2000
Sold by
Scott Denese and Stanford Cathye
Bought by
D H P Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
8.13%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Herrera Henry $495,000 Wfg National Title
Loeza Jesus Martinez $360,000 Orange Coast Title Co Socal
Fusilier Ernestina $190,000 Orange Coast Title
Rodriguez Maria Lucia -- North American Title Co
Rodriguez Maria Lucia $396,000 --
Sanchez Vicente $280,000 North American Title Company
Mejia Ricardo $175,000 Commonwealth Land Title Co
D H P Investments Inc $86,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrera Henry $486,034
Previous Owner Loeza Jesus Martinez $274,725
Previous Owner Fusilier Ernestina $186,558
Previous Owner Rodriguez Maria Lucia $99,000
Previous Owner Rodriguez Maria Lucia $297,000
Previous Owner Sanchez Vicente $266,000
Previous Owner Mejia Ricardo $172,296
Previous Owner D H P Investments Inc $87,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2019 12/20/19 Sold $495,000 +2.1% $272 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
10/05/2019 10/05/19 Price Changed $485,000 -2.0% $266 / Sq Ft
09/20/2019 09/20/19 For Sale $495,000 +4.2% $272 / Sq Ft
06/14/2019 06/14/19 Sold $475,000 -4.6% $261 / Sq Ft View Prior Sale
03/01/2019 03/01/19 Price Changed $498,000 -2.2% $273 / Sq Ft
01/23/2019 01/23/19 For Sale $509,000 +39.5% $279 / Sq Ft
09/22/2015 09/22/15 Sold $365,000 -6.4% $200 / Sq Ft View Prior Sale
05/24/2015 05/24/15 Pending -- -- --
09/20/2014 09/20/14 For Sale $390,000 +105.3% $214 / Sq Ft
07/25/2014 07/25/14 Sold $190,000 +5.6% $104 / Sq Ft View Prior Sale
01/09/2014 01/09/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $180,000 -- $99 / 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 $6,684 $541,351 $431,988 $109,363
2024 $6,684 $530,737 $423,518 $107,219
2023 $6,557 $520,331 $415,214 $105,117
2022 $6,256 $510,129 $407,073 $103,056
2021 $6,174 $500,128 $399,092 $101,036
2019 $4,779 $382,034 $159,181 $222,853
2018 $4,720 $374,544 $156,060 $218,484
2016 $4,500 $360,000 $150,000 $210,000
2015 $2,474 $190,000 $170,000 $20,000
2014 $5,520 $441,451 $278,696 $162,755
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19225060

California Regional Multiple Listing Service (CRMLS)

APN: 5103-005-028