NOT LISTED FOR SALE

700 S Record Ave Los Angeles, CA 90023

Estimated Value: $678,000 - $725,599

3 Beds
2 Baths
1,118 Sq Ft
$628/Sq Ft Est. Value

Last Sold March 19, 2015

Last sale price $386,000 $345 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,230/month

22 Days on Market

About This Home

As of March 2015

These are 2 seperate units.. 1st Unit is a 2 Bedroom/1 Bathroom and the 2nd Unit is a 1 Bedroom/1 Bathroom. According to public records square footage is 1,118 and lot size is 4,563. No need to struggle looking for parking property has a 2 car garage.

Last Agent to Sell the Property

Ricardo Garza

EXCELLENCE RE REAL ESTATE License #01369551 Listed on: 09/02/2014

EXCELLENCE RE REAL ESTATE

Last Buyer's Agent

LAURA ARENAS

CENTURY 21 REALTY MASTERS License #01298721

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,564 Sq Ft Lot
  • No Common Walls

Parking

  • 2 Car Garage

Home Design

  • 1,118 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 100
  • Assessor Parcel Number 5239021020

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $100
  • Trash Expense $40
  • Water Sewer Expense $107
  • Gross Income $2,300
  • Net Operating Income $24,636

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 107.00
  • Property Type: Residential Income
  • Parcel Number: 5239021020
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 345.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 40.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 4564.00
  • Lot Size Acres: 0.1050

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Insurance Expense: 100.00
  • Lot Size Area: 4564.0000 Square Feet
  • Net Operating Income: 24636.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2964.00
  • Rent Control: No

Tax Info

  • Tax Lot: 36
  • Tax Tract Number: 100
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 24, 2014
Sold by
Alvarez Juana
Bought by
Garcia Juan
Current Estimated Value
$702,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,008
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 2013
Sold by
Fernandez Candelario
Bought by
Alvarez Juana

Purchase Details

Closed on
Jan 14, 2011
Sold by
Miletich Ana Lucia
Bought by
Fernandez Candelario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2010
Sold by
Miletich Ivan
Bought by
Miletich Ana Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2010
Sold by
Onewest Bank Fsb
Bought by
Owb Reo Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Owb Reo Llc
Bought by
Miletich Ana Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,500
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2009
Sold by
Gomez Jesus
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Oct 9, 2009
Sold by
Gomez Jesus
Bought by
Gomez Jesus and Bandy Costantino

Purchase Details

Closed on
Oct 17, 2006
Sold by
Gomez Bertha
Bought by
Gomez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.28%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 2, 2006
Sold by
Gomez Juan
Bought by
Gomez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2004
Sold by
Gomez Juan and Gomez Lourdes
Bought by
Gomez Juan

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
5.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2001
Sold by
Gomez Jose J and Gomez Juan
Bought by
Gomez Juan and Gomez Lourdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,600
Interest Rate
6.87%

Purchase Details

Closed on
May 15, 1994
Sold by
Gomez Juan and Gomez Jose
Bought by
Rivera Francisco
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Juan $386,000 Wfg Title
Alvarez Juana -- None Available
Fernandez Candelario $265,000 Ticor Title
Miletich Ana Lucia -- Ticor Title
Miletich Ana Lucia -- Chicago Title Company
Owb Reo Llc -- Chicago Title Company
Miletich Ana Lucia $202,000 Chicago Title Company
Onewest Bank Fsb $207,063 None Available
Gomez Jesus -- None Available
Gomez Jesus -- Fidelity Van Nuys
Gomez Jesus $460,000 Fidelity National Title Co
Gomez Juan -- Ticor Title Company
Gomez Juan -- Fidelity National Title Co
Rivera Francisco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Juan $379,008
Previous Owner Fernandez Candelario $165,000
Previous Owner Miletich Ana Lucia $151,500
Previous Owner Gomez Jesus $92,000
Previous Owner Gomez Jesus $368,000
Previous Owner Gomez Juan $200,000
Previous Owner Gomez Juan $148,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2015 03/19/15 Sold $386,000 +0.3% $345 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
09/02/2014 09/02/14 For Sale $385,000 -- $344 / 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 $6,594 $463,901 $324,492 $139,409
2024 $6,594 $454,806 $318,130 $136,676
2023 $6,316 $445,890 $311,893 $133,997
2022 $6,033 $437,148 $305,778 $131,370
2021 $5,966 $428,578 $299,783 $128,795
2020 $6,007 $424,185 $296,710 $127,475
2019 $5,790 $415,869 $290,893 $124,976
2018 $5,655 $407,716 $285,190 $122,526
2016 $5,425 $391,886 $274,117 $117,769
2015 $4,215 $282,489 $191,880 $90,609
2014 $4,218 $276,957 $188,122 $88,835
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Garza

    Seller's Agent in 2015

    Ricardo Garza

    EXCELLENCE RE REAL ESTATE

    (213) 216-0334

    1 in this area

    12 Total Sales

    Ricardo Garza
    Section Image

  • L

    Buyer's Agent in 2015

    LAURA ARENAS

    CENTURY 21 REALTY MASTERS

    (323) 947-3717

    3 Total Sales

    LAURA ARENAS
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB14190837

California Regional Multiple Listing Service (CRMLS)

APN: 5239-021-020

California Los Angeles County Los Angeles 90023

700 S Record Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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