NOT LISTED FOR SALE

721 S Record Ave Los Angeles, CA 90023

Estimated Value: $695,000 - $756,039

4 Beds
2 Baths
1,411 Sq Ft
$514/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $485,000 $344 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,586/month

87 Days on Market

Highlights

  • Up Slope from Street
  • Laundry Room
  • 2 Car Garage
  • James A. Garfield Senior High School Rated A

About This Home

As of April 2018

Single story detached duplex property. Front unit is 3 bedroom and 1 bath with front porch. Back unit is 1 bedroom and 1 bath with covered patio area. Both unit have inside laundry. Detached 2 car garage. Property is located near schools, parks, shopping centers and freeways.

Last Agent to Sell the Property

George Castillo

Realty Masters & Associates License #01831903 Listed on: 12/01/2017

Realty Masters & Associates

Last Buyer's Agent

Dianna Perez

The Address, Inc. License #01953256

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,714

Year Built

  • Built in 1914

Lot Details

  • 5,801 Sq Ft Lot
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Up Slope from Street

Home Design

  • 1,411 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Exterior Lighting

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 10
  • Assessor Parcel Number 5239016025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,714

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LCR4YY
  • Property Type: Residential Income
  • Parcel Number: 5239016025
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 343.73

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • 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: Up Slope from Street
  • Lot Size Sq Ft: 5801.00

Multi Family

  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5312.02
  • Tax Lot: 25
  • Tax Tract Number: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2017
Closed on
Feb 28, 2018
Sold by
Vasquez Guadalupe and Vasquez Garcia
Bought by
Martinez Diego
Seller's Agent
George Castillo
Realty Masters & Associates
Buyer's Agent
Dianna Perez
The Address, Inc.
List Price
$475,000
Sold Price
$485,000
Premium/Discount to List
$10,000
2.11%
Current Estimated Value
$725,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$240,010
Avg. Annual Appreciation
5.99%
Original Mortgage
$476,215
Interest Rate
4.49%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 2008
Sold by
Vasquez Guadalupe and Vasquez Gracia A
Bought by
Vasquez Guadalupe and Vasquez Gracia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.87%
Mortgage Type
New Conventional
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
Martinez Diego $485,000 Lawyers Title
Vasquez Guadalupe -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Diego $476,000
Closed Martinez Diego $476,215
Previous Owner Vasquez Guadalupe $350,000
Previous Owner Vasquez Guadalupe $330,000
Previous Owner Vasquez Guadalupe $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $485,000 +2.1% $344 / Sq Ft
12/01/2017 12/01/17 For Sale $475,000 -- $337 / 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 $7,714 $551,841 $426,683 $125,158
2024 $7,714 $541,021 $418,317 $122,704
2023 $7,417 $530,414 $410,115 $120,299
2022 $7,080 $520,015 $402,074 $117,941
2021 $7,001 $509,820 $394,191 $115,629
2020 $7,052 $504,594 $390,150 $114,444
2019 $6,793 $494,700 $382,500 $112,200
2018 $2,435 $124,323 $65,992 $58,331
2016 $2,326 $119,498 $63,431 $56,067
2015 $2,297 $117,704 $62,479 $55,225
2014 $2,304 $115,400 $61,256 $54,144
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2018

    George Castillo

    Realty Masters & Associates

    Section Image

  • D

    Buyer's Agent in 2018

    Dianna Perez

    The Address, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17268114

California Regional Multiple Listing Service (CRMLS)

APN: 5239-016-025

California Los Angeles County Los Angeles 90023

721 S Record Ave, Los Angeles, CA

This home is located at 721 S Record Ave, Los Angeles, CA 90023 since 01 December 2017 and is currently estimated at $725,010, approximately $513 per square foot. This property was built in 1914. 721 S Record Ave is a home located in Los Angeles County with nearby schools including Rowan Avenue Elementary School, Amanecer Primary Center, and Robert Louis Stevenson Middle 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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