NOT LISTED FOR SALE

7215 S Hoover St Los Angeles, CA 90044

Vermont Knolls Neighborhood

Estimated Value: $618,000 - $823,489

2 Beds
1 Bath
1,260 Sq Ft
$578/Sq Ft Est. Value

Last Sold February 14, 2018

Last sale price $355,000 $282 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,403/month

74 Days on Market

Highlights

  • No HOA
  • Carpet
  • 1-Story Property
  • 2 Car Garage
  • Wall Furnace
  • 3-minute walk to Mount Carmel Recreation Center

About This Home

As of February 2018

A Diamond in the Rough with Great Potential. Minutes away from the soon to built Los Angeles Rams Stadium. Close to Freeways and centrally located. Bring your investors and/or first time buyers with a tool belt.

Last Agent to Sell the Property

David Solano

Global Bancorp License #01798964 Listed on: 03/30/2017

Last Buyer's Agent

PHIL KIM

HOMEQUEST REAL ESTATE License #01244039

HOMEQUEST REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,419

Year Built

  • Built in 1922

Lot Details

  • 5,067 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Utilities

  • Wall Furnace
  • Standard Electricity

Listing and Financial Details

  • Tenant pays for cable TV, gas, telephone
  • Tax Lot 35
  • Tax Tract Number 2377
  • Assessor Parcel Number 6020002015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,600
  • Gardener Expense $1,200
  • Insurance Expense $3,048
  • Trash Expense $600
  • Water Sewer Expense $600
  • New Taxes Expense $2,457
  • Operating Expense $9,048
  • Gross Income $24,720
  • Net Operating Income $1,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,419

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: 9515322300
  • Other Phone Number: 9515322300
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 600.00
  • Zoning: LAC2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6020002015
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One
  • Price Per Square Foot: 281.75

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5067.00

Rental Info

  • Tenant Pays: Cable TV, Gas, Telephone

Multi Family

  • Electric Expense: 3600.00
  • Gross Income: 24720.00
  • Gross Scheduled Income: 2060.00
  • Insurance Expense: 3048.00
  • Net Operating Income: 1660.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 400.00
  • Rent Control: Yes
  • Total Actual Rent: 2.00
  • Total Expenses: 9048.00

Tax Info

  • New Taxes Expense: 2457.00
  • Tax Census Tract: 2377.10
  • Tax Lot: 35
  • Tax Tract Number: 2377.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2020
Sold by
Uno Jeff Motoyasu
Bought by
Jenny Yu Trust and Yu
Current Estimated Value
$728,872

Purchase Details

Closed on
Jun 6, 2019
Sold by
Yu Jeong Won
Bought by
Uno Jeff Motoyasu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2019
Sold by
Yu Hun
Bought by
Uno Jeff Motoyasu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2017
Sold by
Pablo Eloisa Del
Bought by
Yu Seung Hun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2017
Sold by
Depablo Francisco
Bought by
Depablo Eloisa and The 7215 Hoover Street Trust
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
Jenny Yu Trust -- Aure Carlo
Uno Jeff Motoyasu -- Provident Title
Uno Jeff Motoyasu $480,000 Global Escrow Services Inc
Yu Seung Hun $355,000 Ticor Title
Depablo Eloisa -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uno Jeff Motoyasu $200,000
Previous Owner Yu Seung Hun $248,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2018 02/14/18 Sold $355,000 -6.6% $282 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $379,900 -- $302 / 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 $6,419 $524,945 $371,836 $153,109
2024 $6,419 $514,653 $364,546 $150,107
2023 $6,300 $504,563 $357,399 $147,164
2022 $6,015 $494,671 $350,392 $144,279
2021 $5,936 $484,972 $343,522 $141,450
2020 $5,994 $480,000 $340,000 $140,000
2019 $4,569 $362,100 $260,100 $102,000
2018 $4,523 $357,000 $255,000 $102,000
2016 $2,457 $186,474 $141,261 $45,213
2015 $2,424 $183,674 $139,140 $44,534
2014 $2,447 $180,077 $136,415 $43,662
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2018

    David Solano

    Global Bancorp

    (877) 629-4446

    2 Total Sales

    David Solano
    Section Image

  • P

    Buyer's Agent in 2018

    PHIL KIM

    HOMEQUEST REAL ESTATE

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17066751

California Regional Multiple Listing Service (CRMLS)

APN: 6020-002-015

California Los Angeles County Los Angeles 90044 Vermont Knolls

7215 S Hoover St, Los Angeles, CA

This home is located at 7215 S Hoover St, Los Angeles, CA 90044 since 30 March 2017 and is currently estimated at $728,872, approximately $578 per square foot. This property was built in 1922. 7215 S Hoover St is a home located in Los Angeles County with nearby schools including Mary McLeod Bethune Middle School, Academy For Multiligual Arts And Science At Mervyn M. Dymally High, and St. Raphael Elementary 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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