NOT LISTED FOR SALE

716 Leonard Ave Los Angeles, CA 90022

Estimated Value: $752,000 - $925,000

4 Beds
3 Baths
1,761 Sq Ft
$484/Sq Ft Est. Value

Last Sold January 22, 2015

Last sale price $425,000 $241 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $5,345/month

18 Days on Market

Highlights

  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Spanish Architecture
  • Laundry Room

About This Home

As of January 2015

Perfect property for investor, or live in one and rent the other. Beautiful Spanish Style in East L.A bordering with Montebello, close to shopping and schools. This Property is located within the desirable Montebello School district. Front Unit is a 3 bedroom 2 bath. Back unit is one bed one bath. Front and Back unit offer, Newer windows, New Paint, Hardwood flooring (front unit),Oversized Master with own private bathroom (front unit) Beautiful updated Kitchen (front unit), Gorgeous iron work on front and back doors (front Unit) newer roofing, plumbing and electrical wiring. Both units offer their own private yards and plenty of parking . This property is Move In Ready. Don't miss out because it will not last!!!! These Units are Section 8 Approved!!

Last Agent to Sell the Property

Kenny Stigler

DYNASTY REAL ESTATE License #01412639 Listed on: 08/29/2014

Last Buyer's Agent

Julio Martinez

J C Realty & Mortgage Corp License #01751089

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,843

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,898 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Parking Spaces

Home Design

  • 1,761 Sq Ft Home
  • Spanish Architecture
  • Spanish Tile Roof
  • Composition Roof

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 1034
  • Tax Tract Number 5445
  • Assessor Parcel Number 6342034004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,208
  • Gross Income $3,000
  • Net Operating Income $3,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,843

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Inclusions: Stove (front Unit)
  • Property Attached: No
  • Road Frontage Type: City Street
  • Architectural Style: Spanish
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6342034004
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 241.34

Exterior Features

  • Pool Private: No
  • Roof: Composition, Spanish Tile

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 6898.00
  • Lot Size Acres: 0.1580

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1208.00
  • Lot Size Area: 6898.0000 Square Feet
  • Net Operating Income: 3368.00
  • 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: 2160.00
  • Rent Control: No

Tax Info

  • Tax Lot: 1034
  • Tax Tract Number: 5445
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2021
Sold by
Angeles Jose Valencia and Valencia Paula
Bought by
Valencia Kevin O
Current Estimated Value
$852,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Outstanding Balance
$472,581
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$380,775

Purchase Details

Closed on
Nov 12, 2014
Sold by
Solano Maria M
Bought by
Angeles Jose Valencia and Valencia Paula

Purchase Details

Closed on
May 8, 2008
Sold by
Solano Oscar and Solano Maria M
Bought by
Solano Oscar

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
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Valencia Kevin O -- First American Title Ins Co
Angeles Jose Valencia $425,000 Usa National Title Co
Solano Maria M -- Usa National Title Co
Solano Oscar -- North American Title Company
Solano Oscar -- North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Kevin O $516,000
Previous Owner Solano Oscar $236,250
Previous Owner Solano Oscar $200,000
Previous Owner Solano Oscar A $50,000
Previous Owner Solano Oscar A $17,285
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2015 01/22/15 Sold $425,000 0.0% $241 / Sq Ft
09/12/2014 09/12/14 Pending -- -- --
08/25/2014 08/25/14 For Sale $425,000 -- $241 / 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 $8,843 $666,738 $413,184 $253,554
2024 $8,843 $653,666 $405,083 $248,583
2023 $8,686 $640,850 $397,141 $243,709
2022 $6,698 $481,319 $223,105 $258,214
2021 $6,481 $471,882 $218,731 $253,151
2020 $6,435 $467,045 $216,489 $250,556
2019 $6,246 $457,889 $212,245 $245,644
2018 $6,340 $448,912 $208,084 $240,828
2016 $6,502 $431,481 $200,004 $231,477
2015 $2,634 $149,442 $70,663 $78,779
2014 $2,617 $146,515 $69,279 $77,236
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2015

    Kenny Stigler

    DYNASTY REAL ESTATE

    Section Image

  • J

    Buyer's Agent in 2015

    Julio Martinez

    J C Realty & Mortgage Corp

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14183850

California Regional Multiple Listing Service (CRMLS)

APN: 6342-034-004

California Los Angeles County Los Angeles 90022

716 Leonard Ave, Los Angeles, CA

This home is located at 716 Leonard Ave, Los Angeles, CA 90022 since 29 August 2014 and is currently estimated at $852,374, approximately $484 per square foot. This property was built in 1925. 716 Leonard Ave is a home located in Los Angeles County with nearby schools including Joseph A. Gascon Elementary School, Eastmont Intermediate School, and Schurr High School.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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