720 School Ave Los Angeles, CA 90022
4
Beds
2
Baths
840
Sq Ft
6,688
Sq Ft Lot
About This Home
As of October 2019Great opportunity for an Investor Fix and flip or Owner occupant Rehab and keep for personal use or as a rental. Large lot with plenty of room for adding on to existing structure or demo and rebuild. Duplex up front with 2) 1bd 1ba units and 1) 3bd 1 ba house at rear. Plenty of off street parking. Great location - close to shopping, schools, freeway and transportation.
Last Agent to Sell the Property
Paul Garcia
Paul Realty Investments License #00891393 Listed on: 09/15/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,278
Year Built
- Built in 1923
Lot Details
- 6,688 Sq Ft Lot
- 1 Common Wall
Home Design
- 840 Sq Ft Home
- Property Attached
- Fixer Upper
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Additional Features
- Exterior Lighting
- Heating Available
Listing and Financial Details
- Tax Lot 1065
- Tax Tract Number 5445
- Assessor Parcel Number 6342035005
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Trash Expense $600
- New Taxes Expense $6,875
- Operating Expense $600
- Gross Income $6,000
- Net Operating Income $6,000
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
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
4.34%
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
Similar Homes in Los Angeles, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $685,000 | Wfg National Title Co Of Ca | |
| Grant Deed | $500,000 | First American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Grant Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $509,000 | New Conventional | |
| Closed | $513,750 | No Value Available | |
| Previous Owner | $400,000 | New Conventional |
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
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
28 Total Sales
-
P
Seller's Agent in 2018
Paul Garcia
Paul Realty Investments
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW18228906
APN: 6342-035-005
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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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