NOT LISTED FOR SALE

736 S Duncan Ave Los Angeles, CA 90022

Estimated Value: $878,000 - $1,293,000

5 Beds
6 Baths
2,920 Sq Ft
$385/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $1,100,000 $377 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,038/month

53 Days on Market

About This Home

As of April 2024

An Excellent investment chance for investors. A beautiful spanish styled 4 plex brings in almost monthly income of $10.000. There are 8 parking spaces and storages as well. This is centrally located in East Los Angeles in close approximate to Downtown LA, Restaurants, shopping and entertainment . Easy access to major freeways. Property is to be sold present AS IS condition. Interior inspection is subject to accepted offer.

Last Agent to Sell the Property

Anna Kim

High Equity Real Estate Service, Inc. License #00797256 Listed on: 01/12/2024

Last Buyer's Agent

Olufunke Ola

Century 21 Union Realty License #02092516

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,439

Year Built

  • Built in 1922

Lot Details

  • 7,004 Sq Ft Lot
  • Gated Home

Interior Spaces

  • 2,920 Sq Ft Home
  • 2-Story Property
  • Oven or Range
  • Washer

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 8 Parking Spaces
  • Assigned Parking

Utilities

  • Window Unit Cooling System
  • Water Heater

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5247-013-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,439

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 2920
  • Lot Acreage: 0.1608
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 6.00
  • Equipment: Gas Dryer Hookup, Washer, Range/Oven
  • Price Per S Q F T: 410.92

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Other Spaces: 8
  • Parking Garage: Assigned
  • Total Parking: 8

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Window Unit(s)
  • Security: Gated
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 36.95
  • Assessed Improvement Value: 257040
  • Assessed Land Percent: 63.05
  • Assessed Land Value: 438600
  • Total Assessed Value: 695640
  • Assessor Parcel Number: 5247-013-010
  • Lot Size Area: 7004

Rental Info

  • Total Actual Rent: 9700.00

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.00
  • Number Of Units: 4
  • Total Annual Expense: 7200
  • Type Of Units: 4 units
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Apr 8, 2024
Sold by
Lee Sang Cheon and Chong Hee
Bought by
Omole John S
Seller's Agent
Anna Kim
High Equity Real Estate Service, Inc.
Buyer's Agent
Olufunke Ola
Century 21 Union Realty
List Price
$1,199,900
Sold Price
$1,100,000
Premium/Discount to List
-$99,900
-8.33%
Views
49
Current Estimated Value
$1,125,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,520
Avg. Annual Appreciation
-1.48%
Original Mortgage
$824,000
Outstanding Balance
$819,012
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$257,949

Purchase Details

Listed on
Sep 2, 2021
Closed on
Sep 29, 2021
Sold by
Saunders Elizabeth M and Montemayor Trust
Bought by
Lee Sang Cheon and Lee Chong Hee
Seller's Agent
Jesse Garcia
REALTY WORLD CALIFORNIA AGENTS
Buyer's Agent
YANIRA RIVAS
REALTY MASTERS & ASSOCIATES, INC.
List Price
$699,000
Sold Price
$682,000
Premium/Discount to List
-$17,000
-2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.07%

Purchase Details

Closed on
Jan 20, 1994
Sold by
Montemayor Marcos B
Bought by
Montemayor Marcos B
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
Omole John S $1,100,000 Lawyers Title Company
Lee Sang Cheon $682,000 Lawyers Title
Montemayor Marcos B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Omole John S $824,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $1,100,000 -8.3% $377 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $1,199,900 +75.9% $411 / Sq Ft
10/13/2021 10/13/21 Sold $682,000 0.0% $337 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
09/09/2021 09/09/21 Off Market $682,000 -- --
09/02/2021 09/02/21 For Sale $699,000 -- $345 / Sq Ft
Source: The MLS

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 $11,439 $1,122,000 $612,000 $510,000
2024 $11,439 $770,452 $447,372 $323,080
2023 $9,760 $695,640 $438,600 $257,040
2022 $9,322 $682,000 $430,000 $252,000
2021 $2,155 $60,196 $28,511 $31,685
2020 $2,155 $59,920 $28,219 $31,701
2019 $2,118 $58,753 $27,666 $31,087
2018 $1,987 $57,609 $27,124 $30,485
2016 $1,905 $55,047 $26,072 $28,975
2015 $1,885 $54,221 $25,681 $28,540
2014 $1,896 $53,159 $25,178 $27,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-347171

The MLS

APN: 5247-013-010