NOT LISTED FOR SALE

Estimated Value: $606,000 - $730,000

4 Beds
3 Baths
1,656 Sq Ft
$404/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $450,000 $272 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,054/month

56 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Back Yard
  • Laundry Room

About This Home

As of May 2021

DUPLEX!DUPLEX! Great Investment Opportunity Knocks the Door. Each unit consists of 2 Bedroom 1 Bath, Spacious Living with Fireplace and Dining Area. Only one of the units has a dishwasher in the kitchen and Washer and Dryer Hookups inside, other unit does not. Located minutes away from Downtown LA and surrounded by all the city has to offer. This Duplex will be Sold AS IS. Buyer/Investor to verify all details regarding property including SqFt, Condition, and Rent Control Ordinance of LA.

Last Agent to Sell the Property

Norma Esquivel

GOLDEN EAGLE PROPERTIES License #01733868 Listed on: 02/11/2021

Last Buyer's Agent

ALAN CRUZ

Signature Real Estate, Inc License #01518829

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,049

Year Built

  • Built in 1914

Lot Details

  • 5,440 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Property Attached
  • Shingle Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • Living Room with Fireplace
  • Gas Range
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 41
  • Tax Tract Number 2286
  • Assessor Parcel Number 5108006017

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $25
  • Water Sewer Expense $175
  • New Taxes Expense $5,700
  • Operating Expense $9,300
  • Net Operating Income $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,049

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 175.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5108006017
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 271.74
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 25.00
  • 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: Back Yard
  • Lot Size Sq Ft: 5440.00
  • Lot Size Acres: 0.1249

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5440.0000 Square Feet
  • Net Operating Income: 12000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes
  • Total Expenses: 9300.00

Tax Info

  • New Taxes Expense: 5700.00
  • Tax Census Tract: 2286.00
  • Tax Lot: 41
  • Tax Tract Number: 2286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Apr 16, 2021
Sold by
Sanchez Zenon and Sanchez Sara
Bought by
Ramos Fernando and Duriettz Daphne G
Seller's Agent
Norma Esquivel
GOLDEN EAGLE PROPERTIES
Buyer's Agent
ALAN CRUZ
Signature Real Estate, Inc
List Price
$575,000
Sold Price
$450,000
Premium/Discount to List
-$125,000
-21.74%
Current Estimated Value
$669,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,659
Avg. Annual Appreciation
9.52%
Original Mortgage
$450,000
Outstanding Balance
$406,944
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$262,715

Purchase Details

Closed on
Aug 12, 2005
Sold by
Barajas Jose and Barajas Paula M
Bought by
Sanchez Zenon
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
Ramos Fernando $450,000 First American Title Company O
Sanchez Zenon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Fernando $450,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $450,000 -11.8% $272 / Sq Ft
04/08/2021 04/08/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $510,000 -1.9% $308 / Sq Ft
03/11/2021 03/11/21 Price Changed $520,000 -3.7% $314 / Sq Ft
02/22/2021 02/22/21 Price Changed $540,000 -6.1% $326 / Sq Ft
02/11/2021 02/11/21 For Sale $575,000 -- $347 / 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 $6,049 $487,092 $378,850 $108,242
2024 $6,049 $477,542 $371,422 $106,120
2023 $5,936 $468,180 $364,140 $104,040
2022 $5,664 $459,000 $357,000 $102,000
2021 $2,067 $150,227 $60,856 $89,371
2020 $2,083 $148,687 $60,232 $88,455
2019 $2,010 $145,772 $59,051 $86,721
2018 $1,935 $142,915 $57,894 $85,021
2016 $1,834 $137,367 $55,647 $81,720
2015 $1,810 $135,305 $54,812 $80,493
2014 $1,829 $132,656 $53,739 $78,917
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV21029351

California Regional Multiple Listing Service (CRMLS)

APN: 5108-006-017