NOT LISTED FOR SALE

724 S Eastern Ave Los Angeles, CA 90022

Estimated Value: $624,000 - $888,000

4 Beds
2 Baths
1,416 Sq Ft
$552/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $485,000 $343 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,743/month

119 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wrought Iron Fence
  • Double Pane Windows
  • Laundry Room
  • Level Lot

About This Home

As of June 2017

* * * BACK ON THE MARKET * * *EXCELLENT OPPORTUNITY FOR 1ST TIME BUYERS TO LIVE IN ONE AND RENT OUT THE OTHER!! THIS PROPERTY CONSIST OF 2 HOMES ON A LOT WITH A LONG DRIVEWAY THAT LEADS TO A LARGE DETACHED 2 CAR GARAGE WITH PLENTY OF PARKING ACCOMMODATIONS IN FRONT AND REAR. THIS PROPERTY HAS BEEN COMPLETELY RENOVATED AND IS MOVE IN READY. CONVENIENTLY LOCATED NEAR FREEWAYS, THE GOLDLINE METRO, SHOPPING CENTERS AND JUST MINUTES TO DOWNTOWN LOS ANGELES!!! OPPORTUNITY KNOCKS, DON'T LET THIS ONE PASS YOU BY!! FOR MORE INFORMATION CONTACT LISTING AGENT...

Last Agent to Sell the Property

Frank Zuniga

Coldwell Banker Envision License #01034057 Listed on: 02/23/2017

Coldwell Banker Envision

Last Buyer's Agent

Frank Zuniga

Coldwell Banker Envision License #01034057 Listed on: 02/23/2017

Coldwell Banker Envision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 5,695 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 4 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,416 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Window Screens
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot BIG!
  • Assessor Parcel Number 5236012007

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Smoke Detector(s)
  • Subdivision Name Other: SHARP!
  • Zoning: LCR4*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5236012007
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 342.51
  • Window Features: Double Pane Windows, Screens

Exterior Features

  • Foundation: Concrete Perimeter, Raised
  • Fence: Yes
  • Fencing: Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level
  • Lot Size Sq Ft: 5695.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 420 Square Feet
  • Average3 Bed Area: 996 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 5315.03
  • Tax Lot: BIG!
  • Tax Tract Number: NICE!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Jun 20, 2017
Sold by
Rahmany Corporation
Bought by
Lim Ari Llc
Seller's Agent
Frank Zuniga
Coldwell Banker Envision
Buyer's Agent
Frank Zuniga
Coldwell Banker Envision
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Current Estimated Value
$781,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,291
Avg. Annual Appreciation
5.74%

Purchase Details

Listed on
Sep 13, 2015
Closed on
Feb 9, 2016
Sold by
Melendez Jerry
Bought by
Melendez Allison
Seller's Agent
Aida Love
eXp Realty of Greater Los Angeles
Buyer's Agent
Frank Zuniga
Coldwell Banker Envision
List Price
$445,000
Sold Price
$330,000
Premium/Discount to List
-$115,000
-25.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.73%

Purchase Details

Listed on
Sep 13, 2015
Closed on
Feb 8, 2016
Sold by
Robles Luis Enrique and Weissman Armida Yolanda
Bought by
Rahmany Corporation
Seller's Agent
Aida Love
eXp Realty of Greater Los Angeles
Buyer's Agent
Frank Zuniga
Coldwell Banker Envision
List Price
$445,000
Sold Price
$330,000
Premium/Discount to List
-$115,000
-25.84%

Purchase Details

Closed on
Dec 12, 2013
Sold by
Robles Adrian
Bought by
Melendez Allison

Purchase Details

Closed on
Nov 16, 2006
Sold by
Weissman Armida Yolanda and Robles Family Living Trust
Bought by
Robles Luis Enrique and Weissman Armida Yolanda
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lim Ari Llc $485,000 Fidelity National Title Co
Melendez Allison -- Fidelity National Title Co
Rahmany Corporation $330,000 Fidelity National Title Co
Melendez Allison -- Accommodation
Melendez Allison -- Accommodation
Robles Luis Enrique -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2017 06/29/17 Sold $485,000 -2.0% $343 / Sq Ft
06/22/2017 06/22/17 Pending -- -- --
06/04/2017 06/04/17 Price Changed $495,000 0.0% $350 / Sq Ft
06/04/2017 06/04/17 For Sale $495,000 +1.0% $350 / Sq Ft
05/05/2017 05/05/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $489,900 +48.5% $346 / Sq Ft
02/19/2016 02/19/16 Sold $330,000 -25.8% $233 / Sq Ft View Prior Sale
01/18/2016 01/18/16 Pending -- -- --
09/13/2015 09/13/15 For Sale $445,000 -- $314 / 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 $7,899 $562,879 $225,150 $337,729
2024 $7,899 $551,843 $220,736 $331,107
2023 $7,600 $541,023 $216,408 $324,615
2022 $7,256 $530,415 $212,165 $318,250
2021 $7,174 $520,015 $208,005 $312,010
2020 $7,226 $514,964 $205,873 $309,091
2019 $6,962 $504,873 $201,837 $303,036
2018 $6,795 $494,980 $197,880 $297,100
2016 $2,337 $119,409 $48,267 $71,142
2015 $2,307 $117,616 $47,542 $70,074
2014 $2,315 $115,313 $46,611 $68,702
Source: Public Records

Agents Affiliated with this Home

  • Frank Zuniga

    Seller's Agent in 2017

    Frank Zuniga

    Coldwell Banker Envision

    (562) 688-1767

    1 in this area

    30 Total Sales

    Frank Zuniga
    Section Image
  • Aida Love

    Seller's Agent in 2016

    Aida Love

    eXp Realty of Greater Los Angeles

    (626) 278-0246

    14 Total Sales

    Aida Love
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17037873

California Regional Multiple Listing Service (CRMLS)

APN: 5236-012-007

California Los Angeles County Los Angeles 90022

724 S Eastern Ave, Los Angeles, CA

Not Listed for Sale

MultiFamily

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