NOT LISTED FOR SALE

720 School Ave Los Angeles, CA 90022

Estimated Value: $793,000 - $1,020,343

5 Beds
3 Baths
1,946 Sq Ft
$446/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $685,000 $352 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,544/month

12 Days on Market

About This Home

As of October 2019

3 Units in East Los Angeles, Blocks from Montebello! This property offers 2 one bedroom apartments that have been completely remodeled and are currently rented for top rents. They both have New Kitchens and Bathrooms with New Paint, Windows and Flooring thru-out! And the best part is the Main House is located in the back of the lot and has been built brand new just for you! New Walls, Roof, Insulation, Windows, Kitchen, Bathroom, Indoor Laundry hook-ups, etc., etc. Must see to appreciate!

Last Agent to Sell the Property

Adam Garcia

CENTURY 21 REALTY MASTERS License #00888098 Listed on: 07/26/2019

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Adam Garcia

CENTURY 21 REALTY MASTERS License #00888098 Listed on: 07/26/2019

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,278

Year Built

  • Built in 1923

Lot Details

  • 6,687 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 1,946 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 1065
  • Tax Tract Number 5318
  • Assessor Parcel Number 6342035005

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,278

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6342035005
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 352.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6687.00
  • Lot Size Acres: 0.1535

Multi Family

  • Lot Size Area: 6687.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 1065
  • Tax Tract Number: 5318

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2019
Closed on
Oct 11, 2019
Sold by
Ramirez Francisco
Bought by
Pan Wanyi
Seller's Agent
Adam Garcia
CENTURY 21 REALTY MASTERS
Buyer's Agent
Adam Garcia
CENTURY 21 REALTY MASTERS
List Price
$695,000
Sold Price
$685,000
Premium/Discount to List
-$10,000
-1.44%
Current Estimated Value
$867,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,086
Avg. Annual Appreciation
4.35%
Original Mortgage
$513,750
Interest Rate
3.4%

Purchase Details

Listed on
Sep 15, 2018
Closed on
Nov 13, 2018
Sold by
Valente Virginia
Bought by
Ramirez Francisco
Seller's Agent
Paul Garcia
Paul Realty Investments
Buyer's Agent
Adam Garcia
CENTURY 21 REALTY MASTERS
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.20%
Original Mortgage
$400,000
Interest Rate
10%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 15, 2018
Closed on
Nov 12, 2018
Sold by
Ramirez Esmeralda
Bought by
Ramirez Francisco
Seller's Agent
Paul Garcia
Paul Realty Investments
Buyer's Agent
Adam Garcia
CENTURY 21 REALTY MASTERS
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
10%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2008
Sold by
Ramirez Gloria D
Bought by
Zac Enterprises Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pan Wanyi $685,000 Wfg National Title Co Of Ca
Ramirez Francisco $500,000 First American Title Company
Ramirez Francisco -- First American Title Company
Zac Enterprises Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Wanyi $509,000
Closed Pan Wanyi $513,750
Previous Owner Ramirez Francisco $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $685,000 -1.4% $352 / Sq Ft
07/26/2019 07/26/19 For Sale $695,000 +39.0% $357 / Sq Ft
12/07/2018 12/07/18 Sold $500,000 -9.1% $595 / Sq Ft
10/26/2018 10/26/18 For Sale $550,000 0.0% $655 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
09/29/2018 09/29/18 Pending -- -- --
09/15/2018 09/15/18 For Sale $550,000 -- $655 / 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 $10,278 $749,142 $524,948 $224,194
2024 $10,278 $734,454 $514,655 $219,799
2023 $10,036 $720,054 $504,564 $215,490
2022 $9,709 $705,936 $494,671 $211,265
2021 $9,398 $692,095 $484,972 $207,123
2020 $9,334 $685,000 $480,000 $205,000
2019 $7,129 $500,000 $420,000 $80,000
2018 $1,953 $53,597 $27,553 $26,044
2016 $1,890 $51,518 $26,484 $25,034
2015 $1,841 $50,745 $26,087 $24,658
2014 $1,846 $49,751 $25,576 $24,175
Source: Public Records

Agents Affiliated with this Home

  • Adam Garcia

    Seller's Agent in 2019

    Adam Garcia

    CENTURY 21 REALTY MASTERS

    (562) 244-8527

    6 in this area

    27 Total Sales

    Adam Garcia
    Section Image

  • P

    Seller's Agent in 2018

    Paul Garcia

    Paul Realty Investments

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19178537

California Regional Multiple Listing Service (CRMLS)

APN: 6342-035-005

California Los Angeles County Los Angeles 90022

720 School Ave, Los Angeles, CA

This home is located at 720 School Ave, Los Angeles, CA 90022 since 26 July 2019 and is currently estimated at $867,086, approximately $445 per square foot. This property was built in 1923. 720 School 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.

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

Nearby Homes