NOT LISTED FOR SALE

7010 Makee Ave Los Angeles, CA 90001

Estimated Value: $737,000 - $961,452

5 Beds
4 Baths
7,649 Sq Ft
$113/Sq Ft Est. Value

Last Sold July 09, 2012

Last sale price $310,000 $41 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $5,022/month

11 Days on Market

About This Home

As of July 2012

This home is located at 7010 Makee Ave, Los Angeles, CA 90001 since 12 May 2012 and is currently estimated at $862,113, approximately $112 per square foot. This property was built in 1921. 7010 Makee Ave is a home located in Los Angeles County with nearby schools including Miramonte Elementary School, Thomas A. Edison Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Last Agent to Sell the Property

Teresa Lemus

Excellence RE Real Estate License #01787335 Listed on: 05/12/2012

Excellence RE Real Estate

Last Buyer's Agent

Teresa Lemus

Excellence RE Real Estate License #01787335 Listed on: 05/12/2012

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 7,667

Parking

  • 2 Parking Spaces

Home Design

  • 7,649 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5330
  • Assessor Parcel Number 6010040002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $105
  • Water Sewer Expense $2,400
  • Gross Income $1,300
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.13
  • View: No
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6010040002
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 40.53

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Multi Family

  • Gross Income: 1300.00
  • Gross Multiplier: 20.51
  • Gross Scheduled Income: 15600.00
  • Insurance Expense: 105.00
  • Net Operating Income: 13200.00
  • 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: 2400.00

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 5330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2016
Sold by
Barajas Cesar and Barajas Esperanza
Bought by
Barajas Cesar
Current Estimated Value
$862,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$39,807
Interest Rate
3.58%
Mortgage Type
Credit Line Revolving
Estimated Equity
$822,306

Purchase Details

Listed on
Sep 23, 2011
Closed on
May 4, 2012
Sold by
Miramax Properties Llc
Bought by
Barajas Cesar
Seller's Agent
Teresa Lemus
Excellence RE Real Estate
Buyer's Agent
Teresa Lemus
Excellence RE Real Estate
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.21%
Original Mortgage
$304,385
Outstanding Balance
$210,299
Interest Rate
3.84%
Mortgage Type
FHA
Estimated Equity
$651,814

Purchase Details

Closed on
Jan 23, 2012
Sold by
Lopez Miguel and Lopez Sandra
Bought by
Miramax 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
$215,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2003
Sold by
Ibarra Ramiro
Bought by
Lopez Miguel and Lopez Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2002
Sold by
Dejesus Ibarra Ramiro and Dejesus Lopez Vicente
Bought by
Ibarra Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,750
Interest Rate
7.11%

Purchase Details

Closed on
Sep 5, 1995
Sold by
Fernandez Pedro L and Fernandez Sonia S
Bought by
Dejesus Ibarra Ramiro and Dejesus Lopez Vicente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,800
Interest Rate
7.58%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 1995
Sold by
Ballash Raymond Alan
Bought by
Fernandez Pedro L and Fernandez Sonia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,800
Interest Rate
7.58%
Mortgage Type
FHA
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
Barajas Cesar -- Orange Coast Title Company
Barajas Cesar $310,000 Lawyers Title Company
Miramax Properties Llc $180,000 Lawyers Title Company
Lopez Miguel -- Gtc
Ibarra Ramiro -- Investors Title Company
Dejesus Ibarra Ramiro $115,000 Fidelity National Title Co
Fernandez Pedro L $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barajas Cesar $50,000
Open Barajas Cesar $304,385
Previous Owner Miramax Properties Llc $215,000
Previous Owner Lopez Miguel $185,000
Previous Owner Ibarra Ramiro $165,750
Previous Owner Dejesus Ibarra Ramiro $153,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/09/2012 07/09/12 Sold $310,000 +72.2% $41 / Sq Ft
05/23/2012 05/23/12 Pending -- -- --
05/21/2012 05/21/12 Sold $180,000 -43.8% $85 / Sq Ft View Prior Sale
05/12/2012 05/12/12 For Sale $320,000 +77.8% $42 / Sq Ft
09/24/2011 09/24/11 Pending -- -- --
09/23/2011 09/23/11 For Sale $180,000 -- $85 / 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 $5,892 $389,367 $202,093 $187,274
2024 $5,892 $381,733 $198,131 $183,602
2023 $5,630 $374,249 $194,247 $180,002
2022 $5,389 $366,912 $190,439 $176,473
2021 $5,324 $359,718 $186,705 $173,013
2020 $5,358 $356,030 $184,791 $171,239
2019 $5,172 $349,050 $181,168 $167,882
2018 $5,034 $342,207 $177,616 $164,591
2016 $4,816 $328,920 $170,720 $158,200
2015 $4,747 $323,980 $168,156 $155,824
2014 $4,751 $317,635 $164,863 $152,772
Source: Public Records

Agents Affiliated with this Home

  • Teresa Lemus

    Seller's Agent in 2012

    Teresa Lemus

    Excellence RE Real Estate

    (323) 580-3054

    1 in this area

    19 Total Sales

    Teresa Lemus
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1202722

California Regional Multiple Listing Service (CRMLS)

APN: 6010-040-002

California Los Angeles County Los Angeles 90001

7010 Makee Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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