NOT LISTED FOR SALE

700 S Concord St Los Angeles, CA 90023

Estimated Value: $651,000 - $750,000

5 Beds
3 Baths
1,208 Sq Ft
$582/Sq Ft Est. Value

Last Sold January 09, 2017

Last sale price $385,000 $319 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,269/month

70 Days on Market

About This Home

As of January 2017

Needs TLC. You wont find another property like this one in today's market! Invest and rent or live in one and rent the other 2.
Front unit is a 2 bed & bath, bottom unit is 2 & 1 bath, back unit 1bed & 1 bath. 2 of the units are rented.

Last Agent to Sell the Property

ERICK GUZMAN

eHomes License #01909877 Listed on: 08/24/2016

eHomes

Last Buyer's Agent

Alonso Silva

Calbest Real Estate & Mortgage License #01328251

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,581

Year Built

  • Built in 1925

Lot Details

  • 4,967 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall

Home Design

  • 1,208 Sq Ft Home
  • Property Attached
  • Cosmetic Repairs Needed
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Parking Available
  • Unassigned Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 204810
  • Assessor Parcel Number 5186017001

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,800
  • Insurance Expense $800
  • Trash Expense $720
  • Water Sewer Expense $2,400
  • New Taxes Expense $4,750
  • Gross Income $43,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,581

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Other Phone Description: Armando
  • Other Phone Number: 9092288859
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2400.00
  • Property Condition: Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 5186017001
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 318.71

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 4967.00
  • Price Per Lot Square Foot: 77.51

Multi Family

  • Electric Expense: 1800.00
  • Gross Income: 43000.00
  • Gross Scheduled Income: 43000.00
  • Insurance Expense: 800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 6
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 4750.00
  • Tax Lot: 1
  • Tax Tract Number: 204810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2016
Sold by
Iboa Ladislao and Iboa Concepcion
Bought by
Robles Samuel and Robles Maricela
Current Estimated Value
$703,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,500
Interest Rate
4.03%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Robles Samuel $386,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robles Samuel $289,500
Previous Owner Iboa Ladislao $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2017 01/09/17 Sold $385,000 0.0% $319 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $385,000 0.0% $319 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $385,000 -- $319 / 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 $5,581 $447,979 $313,355 $134,624
2024 $5,581 $439,196 $307,211 $131,985
2023 $5,476 $430,586 $301,188 $129,398
2022 $5,226 $422,144 $295,283 $126,861
2021 $5,161 $413,868 $289,494 $124,374
2020 $5,210 $409,625 $286,526 $123,099
2019 $5,010 $401,594 $280,908 $120,686
2018 $4,905 $393,720 $275,400 $118,320
2016 $2,568 $200,837 $103,685 $97,152
2015 $2,532 $197,821 $102,128 $95,693
2014 $2,553 $193,947 $100,128 $93,819
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16153864

California Regional Multiple Listing Service (CRMLS)

APN: 5186-017-001