NOT LISTED FOR SALE

720 Brady Ave Los Angeles, CA 90022

Estimated Value: $624,000 - $866,000

3 Beds
3 Baths
1,308 Sq Ft
$588/Sq Ft Est. Value

Last Sold June 26, 2019

Last sale price $500,000 $382 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,768/month

105 Days on Market

About This Home

As of June 2019

PRICE REDUCED!! Property consists of 3 One bedroom Units.. All fully tenant occupied.. Two storage garages plus a storage shed in the back. Bread and Butter Units in East LA, Montebello adjacent. Close to Public transportation and shopping. All units have separate gas, light and water meters .. Yes! separate water meters! No more paying tenants water! One unit can be vacant at close of escrow.

Last Agent to Sell the Property

Gabriel Reyes

24 Hour Real Estate License #00981163 Listed on: 03/12/2019

Last Buyer's Agent

Andrew Quezada

AQHL BANCORP License #01880755

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,018

Year Built

  • Built in 1937

Lot Details

  • 3,936 Sq Ft Lot
  • 1 Common Wall
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,308 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1327
  • Tax Tract Number 5445
  • Assessor Parcel Number 6343003068

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Gross Income $36,900
  • Net Operating Income $36,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,018

Year Built

Built in 1937

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LCR3*
  • Property Type: Residential Income
  • Parcel Number: 6343003068
  • Year Built: 1937
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 382.26

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 3936.00
  • Lot Size Acres: 0.0904

Multi Family

  • Gross Income: 36900.00
  • Gross Scheduled Income: 36900.00
  • Lot Size Area: 3936.0000 Square Feet
  • Net Operating Income: 36900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5318.00
  • Tax Lot: 1327
  • Tax Tract Number: 5445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2019
Closed on
May 10, 2019
Sold by
Brouzas Evelyn J and The Evelyn J Brouzas Living Tr
Bought by
Quezada Eric Julian
Seller's Agent
Gabriel Reyes
24 Hour Real Estate
Buyer's Agent
Andrew Quezada
AQHL BANCORP
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%
Current Estimated Value
$769,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,546
Avg. Annual Appreciation
7.11%
Original Mortgage
$475,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2011
Sold by
Brouzas Evelyn J
Bought by
Brouzas Evelyn J and The Evelyn J Brouzas Living Tr
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
Quezada Eric Julian $500,000 Stewart Title Company
Brouzas Evelyn J -- None Available
Brouzas Evelyn J $174,085 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quezada Eric Julian $476,250
Previous Owner Quezada Eric Julian $475,000
Previous Owner Gallegos Victor M $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2019 06/26/19 Sold $500,000 +0.2% $382 / Sq Ft
04/04/2019 04/04/19 Price Changed $499,000 -5.7% $381 / Sq Ft
03/27/2019 03/27/19 Price Changed $529,000 -3.6% $404 / Sq Ft
03/12/2019 03/12/19 For Sale $549,000 -- $420 / 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 $8,018 $557,754 $390,429 $167,325
2024 $8,018 $546,819 $382,774 $164,045
2023 $7,769 $536,098 $375,269 $160,829
2022 $7,522 $525,587 $367,911 $157,676
2021 $7,288 $515,283 $360,698 $154,585
2020 $7,240 $510,000 $357,000 $153,000
2019 $4,829 $304,009 $213,933 $90,076
2018 $4,873 $298,049 $209,739 $88,310
2016 $4,685 $286,478 $201,596 $84,882
2015 $4,455 $282,175 $198,568 $83,607
2014 $4,468 $276,649 $194,679 $81,970
Source: Public Records

Agents Affiliated with this Home

  • Gabriel Reyes

    Seller's Agent in 2019

    Gabriel Reyes

    24 Hour Real Estate

    (562) 861-7257

    1 in this area

    25 Total Sales

    Gabriel Reyes
    Section Image
  • Andrew Quezada

    Buyer's Agent in 2019

    Andrew Quezada

    AQHL BANCORP

    (323) 839-6680

    1 Total Sale

    Andrew Quezada
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19055358

California Regional Multiple Listing Service (CRMLS)

APN: 6343-003-068

California Los Angeles County Los Angeles 90022

720 Brady Ave, Los Angeles, CA

This home is located at 720 Brady Ave, Los Angeles, CA 90022 since 12 March 2019 and is currently estimated at $769,546, approximately $588 per square foot. This property was built in 1937. 720 Brady Ave is a home located in Los Angeles County with nearby schools including Bella Vista Elementary School, Macy Intermediate School, and Schurr High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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