Seller's Agent in 2019
Alexander Lozano
The Agency
(626) 755-1532
47 Total Sales
711 Orme Ave Los Angeles, CA 90023
Boyle Heights NeighborhoodEstimated Value: $711,000 - $892,000
2
Beds
2
Baths
1,824
Sq Ft
$445/Sq Ft
Est. Value
Highlights
- Peek-A-Boo Views
- Bungalow
- Heating System Uses Natural Gas
- Laundry Room
- Carpet
- 1-Story Property
About This Home
As of May 2019Terrific Multi-Unit opportunity in Boyle Heights. These 3 units located in the rapidly changing East L.A. pocket bring in steady rent and an amazing investment opportunity. Featuring two 1bd 1ba units and a 3rd unit with 2bd 1ba and each having it's own laundry area, several upgrades, and peep-a-boo views of DTLA.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1922
Lot Details
- 7,346 Sq Ft Lot
Property Views
- Peek-A-Boo
- Mountain
Home Design
- Bungalow
- Raised Foundation
Interior Spaces
- 1-Story Property
- Carpet
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Heating System Uses Natural Gas
- Wall Furnace
- Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 5185032001
Community Details
Overview
- 3 Units
- Not Applicable 1007242 Subdivision
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2019
Closed on
Apr 26, 2019
Sold by
Bray Ali Fuyuko Julie
Bought by
Bray Ali Adam Saeed
Seller's Agent
Alexander Lozano
The Agency
Buyer's Agent
Adam Bray-Ali
Coldwell Banker Residential Brokerage Company
List Price
$589,000
Sold Price
$560,000
Premium/Discount to List
-$29,000
-4.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,665
Avg. Annual Appreciation
5.77%
Original Mortgage
$402,100
Outstanding Balance
$371,259
Interest Rate
7.21%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$440,406
Purchase Details
Listed on
Apr 1, 2019
Closed on
Apr 2, 2019
Sold by
Taylor Joseph and Taylor Sandra
Bought by
Bray Ali Adam
Seller's Agent
Alexander Lozano
The Agency
Buyer's Agent
Adam Bray-Ali
Coldwell Banker Residential Brokerage Company
List Price
$589,000
Sold Price
$560,000
Premium/Discount to List
-$29,000
-4.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,100
Outstanding Balance
$371,259
Interest Rate
7.21%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$440,406
Purchase Details
Closed on
May 29, 2009
Sold by
Orme Avenue Trust #711
Bought by
Taylor Joseph and Taylor Sandra
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,125
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 18, 2007
Sold by
Property Asset Management Inc
Bought by
Orme Avenue Trust #711 and Shore Bird Llc
Purchase Details
Closed on
Feb 5, 2007
Sold by
Hernandez Rodolfo
Bought by
Property Asset Management Inc
Purchase Details
Closed on
Feb 16, 2006
Sold by
Gamboa Ruby N
Bought by
Hernandez Rodolfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
9.4%
Mortgage Type
Balloon
Purchase Details
Closed on
Nov 28, 2005
Sold by
Lopez Nancy
Bought by
Gamboa Ruby N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 23, 2005
Sold by
Uyeda Shizuko
Bought by
Lopez Nancy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 12, 2005
Sold by
Uyeda Shizuko and Uyeda 1975 Trust
Bought by
Uyeda Shizuko
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 28, 2003
Sold by
Uyeda Shizuko K and Uyeda Shizuko
Bought by
Uyeda Shizuko and The Uyeda 1975 Trust
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bray Ali Adam Saeed | -- | Chicago Title | |
| Bray Ali Adam | $560,000 | Chicago Title | |
| Taylor Joseph | $297,500 | First American Title Company | |
| Orme Avenue Trust #711 | $389,000 | First American Title | |
| Property Asset Management Inc | $437,426 | None Available | |
| Hernandez Rodolfo | $500,000 | Investors Title | |
| Gamboa Ruby N | -- | -- | |
| Lopez Nancy | $330,000 | -- | |
| Uyeda Shizuko | -- | -- | |
| Uyeda Shizuko | -- | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bray Ali Adam | $402,100 | |
| Previous Owner | Taylor Joseph | $223,125 | |
| Previous Owner | Hernandez Rodolfo | $500,000 | |
| Previous Owner | Gamboa Ruby N | $24,000 | |
| Previous Owner | Lopez Nancy | $264,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2019 05/13/19 | Sold | $560,000 | -4.9% | $307 / Sq Ft |
| 04/17/2019 04/17/19 | Pending | -- | -- | -- |
| 04/01/2019 04/01/19 | For Sale | $589,000 | -- | $323 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $7,787 | $624,684 | $379,272 | $245,412 |
| 2024 | $7,787 | $612,436 | $371,836 | $240,600 |
| 2023 | $7,641 | $600,429 | $364,546 | $235,883 |
| 2022 | $7,294 | $588,657 | $357,399 | $231,258 |
| 2021 | $7,201 | $577,116 | $350,392 | $226,724 |
| 2020 | $7,271 | $571,200 | $346,800 | $224,400 |
| 2019 | $4,451 | $343,664 | $138,854 | $204,810 |
| 2018 | $4,366 | $336,927 | $136,132 | $200,795 |
| 2016 | $4,165 | $323,846 | $130,847 | $192,999 |
| 2015 | $4,108 | $318,982 | $128,882 | $190,100 |
| 2014 | $4,140 | $312,735 | $126,358 | $186,377 |
Source: Public Records
Agents Affiliated with this Home
-
Alexander Lozano
-
Adam Bray-Ali
Buyer's Agent in 2019
Adam Bray-Ali
Coldwell Banker Residential Brokerage Company
(213) 399-1940
1 in this area
38 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-819001398
APN: 5185-032-001
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