NOT LISTED FOR SALE

Estimated Value: $761,075 - $913,000

4 Beds
3 Baths
1,528 Sq Ft
$547/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $588,000 $385 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $5,029/month

76 Days on Market

About This Home

As of April 2020

This turnkey property 2 recently remodeled units. Perfect for family that wants to live in one unit and rent the other The front unit is approximately 1100 square feet featuring 3 bedrooms with a full size bathroom in the master and a 3/4 bathroom in one of the bedrooms and a 1/2 bath off the living room. The kitchen overlooks the open floor plan and is great for entertaining. The beautifully remodeled kitchen features new cabinets, granite counter tops, a new dishwasher and stove. The 700 square foot back unit offers an open floor plan and is perfect as a guest house or as income property. The units features new cabinetry, granite counters, tile flooring combined with chocolate brown floors in the main living area. Both units include new carpeting, recessed lighting, tile, and shared backyard which can be customized to the buyers specifications. Sewer line to the street has been updated. This property is in close proximity to downtown Los Angeles and the freeway. The remodel has been properly permitted. Buyer to verify square footage and details. **SOLD AS IS**

Last Agent to Sell the Property

Ernesto Cover

ReMax 2000 Realty License #01347921 Listed on: 11/21/2019

ReMax 2000 Realty

Last Buyer's Agent

Ernesto Cover

ReMax 2000 Realty License #01347921 Listed on: 11/21/2019

ReMax 2000 Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 5,332 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 1050
  • Assessor Parcel Number 5103008031

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5103008031
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 384.82

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5332.00
  • Lot Size Acres: 0.1224

Multi Family

  • Lot Size Area: 5332.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2294.20
  • Tax Lot: 13
  • Tax Tract Number: 1050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2019
Closed on
Apr 1, 2020
Sold by
Lopez Robert B
Bought by
Martinez Felipe Antonio and Aquino Rosa Antonio
Seller's Agent
Ernesto Cover
ReMax 2000 Realty
Buyer's Agent
Ernesto Cover
ReMax 2000 Realty
List Price
$599,999
Sold Price
$588,000
Premium/Discount to List
-$11,999
-2%
Current Estimated Value
$835,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,769
Avg. Annual Appreciation
6.26%
Original Mortgage
$480,000
Outstanding Balance
$426,813
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$408,956

Purchase Details

Listed on
Nov 21, 2019
Closed on
Mar 30, 2020
Sold by
Lopez Robert B
Bought by
Martinez Felipe Antonio and Aquino Rosa Antonio
Seller's Agent
Ernesto Cover
ReMax 2000 Realty
Buyer's Agent
Ernesto Cover
ReMax 2000 Realty
List Price
$599,999
Sold Price
$588,000
Premium/Discount to List
-$11,999
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Outstanding Balance
$426,813
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$408,956

Purchase Details

Listed on
Jan 19, 2015
Closed on
Mar 31, 2015
Sold by
Herrera Yvette G
Bought by
Osorto Marlon R
Seller's Agent
Ann Shumbo
Vista Sotheby’s International Realty
Buyer's Agent
Ernesto Cover
ReMax 2000 Realty
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%
Original Mortgage
$320,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2015
Closed on
Mar 5, 2015
Sold by
Dbkns Properties Llc
Bought by
Osorto Marlon R and Lopez Robert B
Seller's Agent
Ann Shumbo
Vista Sotheby’s International Realty
Buyer's Agent
Ernesto Cover
ReMax 2000 Realty
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2014
Sold by
Trust Company Of America
Bought by
Dbkns Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 27, 2012
Sold by
Trust Company Of America
Bought by
Trust Company Of America and A/C Carole J Breeden #31380

Purchase Details

Closed on
May 28, 2009
Sold by
Trust Company Of America
Bought by
Trust Company Of America and Gerald W Breeden #32235

Purchase Details

Closed on
Feb 23, 2009
Sold by
Espinoza Maria and Espinoza Jose L
Bought by
Trust Company Of America

Purchase Details

Closed on
Oct 16, 2007
Sold by
Espinoza Jose L and Espinoza Maria
Bought by
Espinoza Maria and Espinoza Jose L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 1993
Sold by
Rojas Marco A and Rojas Mercedes
Bought by
Espinosa Jose and Espinosa Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.38%
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
Martinez Felipe Antonio $588,000 Lawyers Title Insurance Comp
Martinez Felipe Antonio $588,000 Lawyers Title Insurance Comp
Osorto Marlon R -- None Available
Osorto Marlon R $400,000 Orange Coast Title Company
Dbkns Properties Llc $215,000 Usa National Title Co
Trust Company Of America -- None Available
Trust Company Of America -- None Available
Trust Company Of America $281,876 None Available
Espinoza Maria -- First American Title
Espinosa Jose $160,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Felipe Antonio $480,000
Closed Martinez Felipe Antonio $480,000
Previous Owner Osorto Marlon R $320,000
Previous Owner Dbkns Properties Llc $221,000
Previous Owner Espinoza Maria $255,000
Previous Owner Espinosa Jose $128,000
Closed Espinosa Jose $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2020 04/01/20 Sold $588,000 -2.0% $385 / Sq Ft
03/31/2020 03/31/20 Price Changed $599,999 0.0% $393 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $599,999 +50.0% $393 / Sq Ft
04/21/2015 04/21/15 Sold $400,000 -4.8% $222 / Sq Ft View Prior Sale
02/21/2015 02/21/15 Pending -- -- --
01/19/2015 01/19/15 For Sale $420,000 +95.3% $233 / Sq Ft
07/10/2014 07/10/14 Sold $215,000 0.0% $169 / Sq Ft View Prior Sale
05/19/2014 05/19/14 Pending -- -- --
05/15/2014 05/15/14 For Sale $215,000 -- $169 / 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 $7,900 $643,059 $382,774 $260,285
2024 $7,900 $630,451 $375,269 $255,182
2023 $7,750 $618,090 $367,911 $250,179
2022 $7,393 $605,972 $360,698 $245,274
2021 $7,301 $594,091 $353,626 $240,465
2020 $5,630 $442,830 $241,765 $201,065
2019 $5,414 $434,148 $237,025 $197,123
2018 $5,319 $425,636 $232,378 $193,258
2016 $5,031 $406,100 $223,355 $182,745
2015 $2,754 $215,000 $160,000 $55,000
2014 -- $215,346 $147,067 $68,279
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19273052

California Regional Multiple Listing Service (CRMLS)

APN: 5103-008-031