NOT LISTED FOR SALE

720 S Grande Vista Ave Los Angeles, CA 90023

Estimated Value: $739,000 - $993,000

6 Beds
4 Baths
1,854 Sq Ft
$458/Sq Ft Est. Value

Last Sold May 14, 2020

Last sale price $655,000 $353 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,411/month

167 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Eat-In Kitchen
  • Felicitas and Gonzalo Mendez High Rated A-
  • No HOA
  • Bathtub with Shower

About This Home

As of May 2020

Come see this beautiful DUPLEX, located in the most desirable area of East LA, close to Downtown Los Angeles! Opportunities to own a multi-unit home simply do not come along often! Outside, this home is bursting with curb appeal with a fresh exterior paint scheme and plush landscaping for the front unit. Both units are a 3 BR/2 BA complete with new flooring, fresh paint, and updated fixtures! All sizable bedrooms with carpet and ceilings fans included. Additional features include a two-car detached carport with a long wide driveway, for ample parking. A large back patio area paved perfect for entertaining. Do not miss this one of a kind property!! Come by and place an offer today because this one is sure to sell FAST!

Last Agent to Sell the Property

Diana Fitzpatrick

Wedgewood Homes Realty Listed on: 08/30/2019

Co-Listed By

ALEXJA CUMMINGS

Wedgewood Homes Realty License #02082707

Last Buyer's Agent

Ryan Tan

Circa Properties, Inc. License #02008954

Circa Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,506

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,904 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Level Lot
  • Front Yard Sprinklers

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,854 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range Hood

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Main Level Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Parking

  • Detached Carport Space
  • Parking Available

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 5156
  • Assessor Parcel Number 5186017022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,506

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5186017022
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1854.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Eating Area: Area
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 6
  • Price Per Square Foot: 353.29
  • Room Type: Kitchen
  • Bathroom Features: Shower In Tub

Exterior Features

  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: No
  • Appliances: Range Hood
  • Heating Type: Wall Furnace, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level, Sprinklers In Front
  • Lot Size Sq Ft: 5904.00
  • Lot Size Acres: 0.1355

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5904.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2048.10
  • Tax Lot: 49
  • Tax Tract Number: 5156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2022
Sold by
Tan Ryan Alberto and Nguyen Jimmy
Bought by
Tan Ryan Alberto
Current Estimated Value
$849,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$634,200
Outstanding Balance
$595,528
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$252,569

Purchase Details

Listed on
Aug 30, 2019
Closed on
May 12, 2020
Sold by
Hollyvale Rentals Holdings Llc
Bought by
Nguyen Jimmy and Tan Lyn Jamie
Seller's Agent
Diana Fitzpatrick
Wedgewood Homes Realty
Buyer's Agent
Ryan Tan
Circa Properties, Inc.
List Price
$649,900
Sold Price
$655,000
Premium/Discount to List
$5,100
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.00%
Original Mortgage
$632,075
Interest Rate
3.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 27, 2018
Sold by
Flores Alejandro
Bought by
Hollyvale Rental Holdings Llc

Purchase Details

Closed on
Aug 20, 2017
Sold by
Flores Alejandro
Bought by
Flores Alejandro and Garay Gabriela Leticia Vega

Purchase Details

Closed on
Mar 15, 2016
Sold by
Flores Alejandro
Bought by
Flores Alejandro and Garay Gabriela Leticia Vega

Purchase Details

Closed on
Aug 7, 2006
Sold by
Flores Alejandro
Bought by
Flores Alejandro and Vega Juan I

Purchase Details

Closed on
Mar 31, 2006
Sold by
Drex Properties Inc
Bought by
Flores Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,800
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2005
Sold by
Palacios Santos
Bought by
Drex Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
5.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2004
Sold by
Palacios Maria
Bought by
Palacios Santos

Purchase Details

Closed on
Jan 23, 2004
Sold by
Sanchez Johnny
Bought by
Palacios Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,375
Interest Rate
8.1%
Mortgage Type
Purchase Money Mortgage
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
Tan Ryan Alberto -- Western Resources Title
Nguyen Jimmy $655,000 Fidelity National Title Co
Hollyvale Rental Holdings Llc $412,250 None Available
Flores Alejandro -- None Available
Flores Alejandro -- None Available
Flores Alejandro -- None Available
Flores Alejandro $531,000 Sutic
Drex Properties Inc $250,000 Southland Title
Palacios Santos -- Fidelity Long Beach
Palacios Santos $142,500 Fidelity Long Beach
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Ryan Alberto $634,200
Previous Owner Nguyen Jimmy $632,075
Previous Owner Hollyvale Rental Holdings Llc $400,000
Previous Owner Flores Alejandro $424,800
Previous Owner Flores Alejandro $106,200
Previous Owner Drex Properties Inc $38,500
Previous Owner Drex Properties Inc $297,500
Previous Owner Palacios Santos $135,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2020 05/14/20 Sold $655,000 +0.8% $353 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $649,900 0.0% $351 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
11/08/2019 11/08/19 For Sale $649,900 -0.8% $351 / Sq Ft
09/11/2019 09/11/19 Off Market $655,000 -- --
09/11/2019 09/11/19 Pending -- -- --
08/30/2019 08/30/19 For Sale $649,900 -- $351 / 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 $9,506 $777,340 $524,109 $253,231
2024 $9,506 $762,099 $513,833 $248,266
2023 $9,324 $747,157 $503,758 $243,399
2022 $8,225 $675,019 $497,763 $177,256
2021 $8,123 $661,784 $488,003 $173,781
2020 $5,385 $420,240 $320,790 $99,450
2019 $5,180 $412,000 $314,500 $97,500
2018 $4,551 $368,710 $296,652 $72,058
2016 $7,423 $354,395 $285,134 $69,261
2015 $4,275 $349,073 $280,852 $68,221
2014 $4,299 $342,236 $275,351 $66,885
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19206720

California Regional Multiple Listing Service (CRMLS)

APN: 5186-017-022