NOT LISTED FOR SALE

Estimated Value: $694,000 - $857,702

5 Beds
3 Baths
2,016 Sq Ft
$393/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $620,000 $308 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,998/month

40 Days on Market

Highlights

  • Park
  • Accessible Parking
  • Ceiling Fan
  • Laundry Room

About This Home

As of August 2021

DUPLEX FOR SALE! Great opportunity to own an investment property in a great location for investors or owners who want to create cash flow. Front unit is 3 bedroom / 2 bathroom. Second Unit is 2 bedroom / 1 bathroom sitting on a 5401 square foot lot! Property may need TLC however the upside speaks for itself. Detached units with each its own yard and individual parking. When it comes to location, it is a benefit being near the 110 Fwy, USC, and minutes away from downtown LA.

Last Agent to Sell the Property

Mel Robles

Century 21 Allstars License #02085350 Listed on: 04/22/2021

Century 21 Allstars

Last Buyer's Agent

Priscilla Martinez

Realty ONE Group United License #01859375

Realty ONE Group United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,193

Year Built

  • Built in 1927

Lot Details

  • 5,401 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage
  • 2 Carport Spaces

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Ceiling Fan
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Accessible Parking
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 182
  • Assessor Parcel Number 6013019015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • Water Sewer Expense $1,500
  • New Taxes Expense $7,500
  • Operating Expense $10,000
  • Gross Income $62,040
  • Net Operating Income $52,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,193

Year Built

Built in 1927

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 6013019015
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: No Common Walls
  • Accessibility Features: Parking
  • Levels: One
  • Price Per Square Foot: 307.54

Exterior Features

  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5401.00
  • Lot Size Acres: 0.1240

Multi Family

  • Gross Income: 62040.00
  • Gross Scheduled Income: 62040.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5401.0000 Square Feet
  • Net Operating Income: 52040.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 10000.00
  • Rent Control: Yes
  • Total Expenses: 10000.00

Tax Info

  • New Taxes Expense: 7500.00
  • Tax Lot: 182
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2021
Sold by
Velazquez Marysol and Xochipala Life Estate Trust
Bought by
Perez Salvador Rico
Current Estimated Value
$791,926

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2009
Sold by
Velazquez Paula Cuevas
Bought by
Velazquez Marysol and Xochipala Life Estate Trust
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 Buyer Sale Price Title Company
Perez Salvador Rico $620,000 Pacific Coast Title Company
Velazquez Marysol -- Pacific Coast Title Company
Velazquez Marysol -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Salvador Rico $465,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $620,000 0.0% $308 / Sq Ft
06/03/2021 06/03/21 Off Market $620,000 -- --
06/01/2021 06/01/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $550,000 -- $273 / 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 $8,193 $657,948 $530,604 $127,344
2024 $8,193 $645,048 $520,200 $124,848
2023 $8,038 $632,400 $510,000 $122,400
2022 $7,669 $620,000 $500,000 $120,000
2021 $3,683 $277,699 $147,020 $130,679
2020 $3,713 $274,853 $145,513 $129,340
2019 $3,516 $269,464 $142,660 $126,804
2018 $3,418 $264,181 $139,863 $124,318
2016 $3,254 $253,925 $134,433 $119,492
2015 $3,209 $250,112 $132,414 $117,698
2014 $3,234 $245,214 $129,821 $115,393
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21080892

California Regional Multiple Listing Service (CRMLS)

APN: 6013-019-015