NOT LISTED FOR SALE

7300 Mace Place Los Angeles, CA 90001

Estimated Value: $620,000 - $689,000

5 Beds
3 Baths
1,512 Sq Ft
$426/Sq Ft Est. Value

Last Sold June 17, 2016

Last sale price $370,000 $245 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,103/month

8 Days on Market

Highlights

  • No HOA
  • Living Room
  • Wall Furnace
  • Tile Countertops
  • Tile Flooring
  • 1-Story Property

About This Home

As of June 2016

These bread and butter units consist of a front duplex with one bedroom and one bathroom each, and a separate third unit in the back with 3 bedrooms and one bathroom. All 3 units have tile floor and tile counter tops. Back unit's bathroom and kitchen appear to have been remodeled recently. Some of the bedrooms have carpet. Property has a long driveway and a spacious patio area for the front duplex and also for the back unit.

Last Agent to Sell the Property

Celia Cohen

Celia C Cohen R.E. Services License #01057793 Listed on: 05/11/2016

Last Buyer's Agent

Shawn Pourebrahim

Keller Williams Luxury License #01742690

Keller Williams Luxury

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,995

Year Built

  • Built in 1924

Lot Details

  • 5,112 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • No Sprinklers

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Source of electricity is unknown
  • Water Heater
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 8
  • Tax Tract Number 5044
  • Assessor Parcel Number 6024019008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,995

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6024019008
  • Year Built: 1924
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Tile Counters
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 244.71
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Appliances: Water Heater
  • Electric: Electricity - Unknown
  • Heating Type: Wall Furnace
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 5112.00
  • Price Per Lot Square Foot: 72.38

Multi Family

  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 5044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2016
Sold by
Poura Investments Llc
Bought by
Romieli Llc
Current Estimated Value
$646,000

Purchase Details

Listed on
May 11, 2016
Closed on
May 27, 2016
Sold by
Cit Bank Na
Bought by
Poura Investments Llc
Seller's Agent
Celia Cohen
Celia C Cohen R.E. Services
Buyer's Agent
Shawn Pourebrahim
Keller Williams Luxury
List Price
$339,900
Sold Price
$370,000
Premium/Discount to List
$30,100
8.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%

Purchase Details

Closed on
Nov 12, 2015
Sold by
Rodriguez George
Bought by
Onewest Bank Na

Purchase Details

Closed on
Aug 14, 2007
Sold by
Rodriguez Margarita
Bought by
Rodriguez George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
Rodriguez Cristobal and Rodriguez Ezequiel
Bought by
Rodriguez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,485
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2000
Sold by
Lewis Bennie and Lewis Dorothy
Bought by
Rodriguez Margarita and Rodriguez Cristobal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,697
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Romieli Llc -- Accommodation
Poura Investments Llc $370,000 Servicelink Title Company
Onewest Bank Na $320,515 Title365
Rodriguez George $580,000 Multiple
Rodriguez Margarita -- Fidelity National Financial
Rodriguez Margarita $149,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez George $435,000
Previous Owner Rodriguez Margarita $350,000
Previous Owner Rodriguez Margarita $311,000
Previous Owner Rodriguez Margarita $264,000
Previous Owner Rodriguez Margarita $18,485
Previous Owner Rodriguez Margarita $190,000
Previous Owner Rodriguez Margarita $33,530
Previous Owner Rodriguez Margarita $146,697
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2016 06/17/16 Sold $370,000 +8.9% $245 / Sq Ft
05/19/2016 05/19/16 Pending -- -- --
05/11/2016 05/11/16 For Sale $339,900 -- $225 / 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 $6,995 $452,621 $293,625 $158,996
2024 $6,995 $443,747 $287,868 $155,879
2023 $6,529 $435,047 $282,224 $152,823
2022 $6,251 $426,518 $276,691 $149,827
2021 $6,184 $418,156 $271,266 $146,890
2020 $6,225 $413,869 $268,485 $145,384
2019 $6,010 $405,755 $263,221 $142,534
2018 $5,888 $397,800 $258,060 $139,740
2016 $4,672 $320,000 $176,000 $144,000
2015 $3,860 $251,568 $124,595 $126,973
2014 $3,865 $246,641 $122,155 $124,486
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16101181

California Regional Multiple Listing Service (CRMLS)

APN: 6024-019-008