$690,000
SOLD JAN 8, 2025

722 Belden Ave Los Angeles, CA 90022

4 Beds
2 Baths
1,807 Sq Ft
6,479 Sq Ft Lot

Recently Sold

$382 Per Sq Ft

1% Below List Price

52 Days on Market

Highlights

  • City Lights View
  • Lawn
  • Two Homes on a Lot
  • Traditional Architecture
  • No HOA
  • Living Room

About This Home

As of January 2025

*** FIXER, FIXER, FIXER *** " Property in need of a complete overhaul, buyers who want a project with HEAVY lifting desired. " Two stand along buildings on an R3 zoning lot with great potential to tear down and re-build or renovate and expand existing units, high demand area for housing, strategically located near metro rail, public transportation, retail shopping, supermarkets, banking, restaurants, freeways and a lot more. It's a perfect addition to your portfolio or buy and hold and hedge against inflation. The market is moving again take advantage of the low interest rates, make your move now you will not be disappointed.

Last Agent to Sell the Property

Angel Moreno

Century 21 Allstars Brokerage Phone: 562-244-9349 License #01312680 Listed on: 09/14/2024

Century 21 Allstars

Last Buyer's Agent

Jaime Duarte

Seven Palms Real Estate Services License #01854290

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,144

Year Built

  • Built in 1928

Lot Details

  • 6,479 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • 4 Open Parking Spaces
  • Driveway Level
  • On-Street Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,807 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Homes

  • Two Homes on a Lot

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for electricity, gas, telephone
  • Tax Lot 96
  • Tax Tract Number 5445
  • Assessor Parcel Number 6341034015
  • $1,172 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Operating Expense $3,400
  • Gross Income $15,000
  • Net Operating Income $13,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,144

Year Built

Built in 1928

Lot Details

0

Parking

1

Listing Details

  • Price Per Unit: 350000
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LCR3YY
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6341034015
  • Year Built: 1928
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Faces West
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 381.85
  • Room Type: All Bedrooms Down, Entry, Living Room

Exterior Features

  • Direction Faces: West
  • Foundation: Raised, Slab
  • Other Structures: Two On A Lot
  • View: City Lights, Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking Features: Driveway, Paved, Driveway Level, Garage, Street
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Lot 6500-9999, Level
  • Lot Size Sq Ft: 6479.00
  • Lot Size Acres: 0.1487

Rental Info

  • Tenant Pays: Electricity, Gas, Telephone

Multi Family

  • Average2 Bed Area: 904 Square Feet
  • Gross Income: 15000.00
  • Gross Scheduled Income: 15000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6479.0000 Square Feet
  • Net Operating Income: 13100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 1900.00
  • Rent Control: No
  • Total Actual Rent: 1250.00
  • Total Expenses: 3400.00

Tax Info

  • Tax Census Tract: 5317.01
  • Tax Lot: 96
  • Tax Tract Number: 5445
  • TaxOtherAnnualAssessmentAmount: 1172.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2024
Closed on
Dec 18, 2024
Sold by
Castillo Maria Elena Rodriguez
Bought by
Zuniga Victor Navarro
Seller's Agent
Angel Moreno
Century 21 Allstars
Buyer's Agent
Jaime Duarte
Seven Palms Real Estate Services
List Price
$700,000
Sold Price
$690,000
Premium/Discount to List
-$10,000
-1.43%
Views
42
Current Estimated Value
$703,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,106
Avg. Annual Appreciation
3.61%
Original Mortgage
$25,000
Outstanding Balance
$14,407
Interest Rate
6.81%
Estimated Equity
$688,699

Purchase Details

Closed on
Nov 7, 2024
Sold by
Tatman Lawrence
Bought by
Zuniga Victor Navarro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 20, 2024
Sold by
Angelo Paravantis 2022 Living Trust
Bought by
Angelo Paravantis 2022 Living Trust and Tatman

Purchase Details

Closed on
Apr 8, 2022
Sold by
Angelo Paravantis
Bought by
Angelo Paravantis 2022 Living Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- Stewart Title
Grant Deed $690,000 Stewart Title
Deed -- None Listed On Document
Deed -- Casas J B
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $25,000 No Value Available
Closed $25,000 Credit Line Revolving
Previous Owner $552,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2025 01/08/25 Sold $690,000 -1.4% $382 / Sq Ft
09/14/2024 09/14/24 For Sale $700,000 -- $387 / 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
2024 $2,144 $68,926 $30,733 $38,193
2023 $1,967 $67,576 $30,131 $37,445
2022 $1,925 $66,252 $29,541 $36,711
2021 $1,876 $64,954 $28,962 $35,992
2020 $1,866 $64,289 $28,666 $35,623
2019 $1,834 $63,029 $28,104 $34,925
2018 $5,541 $381,480 $279,480 $102,000
2016 $1,581 $59,396 $26,484 $32,912
2015 $1,533 $58,505 $26,087 $32,418
2014 $1,532 $57,359 $25,576 $31,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24191648

California Regional Multiple Listing Service (CRMLS)

APN: 6341-034-015