Seller's Agent in 2021
Jose Guevara
Better Homes and Gardens RE
(562) 556-0501
2 in this area
42 Total Sales
740 Orme Ave Los Angeles, CA 90023
Boyle Heights NeighborhoodEstimated Value: $669,000 - $847,000
3
Beds
2
Baths
1,046
Sq Ft
$706/Sq Ft
Est. Value
Highlights
- Laundry Room
- Garden
- 4-minute walk to Boyle Heights Sports Center and Park
About This Home
As of October 2021Great investment opportunity in Los Angeles! This charming duplex is located in the Boyle Heights area. The first unit is a two-bedroom one-bath with new flooring, paint, quartz kitchen with an island and a recently remodeled bathroom. The second unit is a one bedroom one bath with new windows, new kitchen cabinets, copper plumbing and a new sewer line. Updated electrical panels and a new wrought iron fence. These units have been well-maintained and are a must see. Centrally located with easy access to freeways, Downtown LA, Silverlake and Elysian Park.
Last Agent to Sell the Property
Better Homes and Gardens RE License #01392522 Listed on: 07/19/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 4,000 Sq Ft Lot
- No Common Walls
- Garden
- Back and Front Yard
Home Design
- 1,046 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Legal Lot and Block 2 / 3
- Tax Tract Number 3113
- Assessor Parcel Number 5185034016
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,920
- Fuel Expense $360
- Insurance Expense $6,960
- Trash Expense $600
- Water Sewer Expense $1,200
- Operating Expense $11,040
- Net Operating Income $34,760
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2011
Closed on
Jun 11, 2012
Sold by
Espinosa Frank P
Bought by
Lira Nancy C
Seller's Agent
FREDERICK ALANIS
CENTURY 21 REALTY MASTERS
Buyer's Agent
Victor Quijano
Century 21 Realty Masters
List Price
$219,000
Sold Price
$229,000
Premium/Discount to List
$10,000
4.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,093
Avg. Annual Appreciation
9.03%
Original Mortgage
$188,996
Outstanding Balance
$130,761
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$607,332
Purchase Details
Closed on
Jul 18, 2011
Sold by
Owb Reo Llc
Bought by
Espinosa Frank P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 20, 2009
Sold by
Martinez Renya and Maldonado Jesus A
Bought by
Imb Reo Llc
Purchase Details
Closed on
Jan 28, 2009
Sold by
Martinez Reyna and Maldonado Jesus
Bought by
Martinez Reyna
Purchase Details
Closed on
Sep 13, 2007
Sold by
Pichardo Francisco
Bought by
Martinez Reyna and Maldonado Jesus A
Purchase Details
Closed on
Jul 25, 2007
Sold by
Maldonado Jesus A
Bought by
Martinez Reyna and Maldonado Jesus A
Purchase Details
Closed on
Mar 5, 2007
Sold by
Estate Of Enrique P Zambrano
Bought by
Pichardo Francisco and Maldonado Jesus A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 12, 2006
Sold by
Ruiz Ruben C and Ruiz Kenya
Bought by
Figueroa Edward Phillip and Estate Of Enrique P Zambrano
Purchase Details
Closed on
Feb 7, 2006
Sold by
Zambrano Enrique
Bought by
Ruiz Ruben C and Ruiz Kenya
Purchase Details
Closed on
Aug 19, 2005
Sold by
Zambrano Enrique and Ruiz Ruben C
Bought by
Zambrano Enrique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,250
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 29, 2005
Sold by
Valencia Rosina Salcedo and Salcedo Edward
Bought by
Zambrano Enrique
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 8, 2004
Sold by
Valencia Rosina Salcedo and Salcedo Edward
Bought by
Valencia Rosina Salcedo and Salcedo Edward
Purchase Details
Closed on
May 23, 1994
Sold by
Crowell Areta
Bought by
Valencia Rosina Salcedo and Salcedo Edward
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lira Nancy C | $225,000 | Chicago Title Company | |
| Espinosa Frank P | $130,500 | Chicago Title Company | |
| Imb Reo Llc | $103,532 | None Available | |
| Martinez Reyna | -- | None Available | |
| Martinez Reyna | -- | Stewart Title Of California | |
| Martinez Reyna | -- | Stewart Title Of California | |
| Maldonado Jesus A | -- | Stewart Title Of California | |
| Pichardo Francisco | $367,000 | Stewart Title Of California | |
| Figueroa Edward Phillip | -- | None Available | |
| Ruiz Ruben C | -- | None Available | |
| Zambrano Enrique | -- | First American Title Company | |
| Zambrano Enrique | -- | -- | |
| Zambrano Enrique | $285,000 | Financial Title Company | |
| Valencia Rosina Salcedo | -- | -- | |
| Valencia Rosina Salcedo | $60,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lira Nancy C | $188,996 | |
| Previous Owner | Espinosa Frank P | $110,000 | |
| Previous Owner | Pichardo Francisco | $293,000 | |
| Previous Owner | Zambrano Enrique | $287,250 | |
| Previous Owner | Zambrano Enrique | $228,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/12/2021 10/12/21 | Sold | $658,000 | +1.2% | $629 / Sq Ft | |
| 09/04/2021 09/04/21 | Pending | -- | -- | -- | |
| 07/19/2021 07/19/21 | For Sale | $650,000 | +183.8% | $621 / Sq Ft | |
| 06/13/2012 06/13/12 | Sold | $229,000 | +4.6% | $219 / Sq Ft | View Prior Sale |
| 03/27/2012 03/27/12 | Pending | -- | -- | -- | |
| 09/17/2011 09/17/11 | For Sale | $219,000 | -- | $209 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,535 | $698,274 | $424,483 | $273,791 |
| 2024 | $8,451 | $684,583 | $416,160 | $268,423 |
| 2023 | $8,288 | $671,160 | $408,000 | $263,160 |
| 2022 | $7,902 | $658,000 | $400,000 | $258,000 |
| 2021 | $3,211 | $261,082 | $162,452 | $98,630 |
| 2020 | $3,240 | $258,406 | $160,787 | $97,619 |
| 2019 | $3,115 | $253,340 | $157,635 | $95,705 |
| 2018 | $3,061 | $248,374 | $154,545 | $93,829 |
| 2016 | $2,917 | $238,732 | $148,545 | $90,187 |
| 2015 | $2,874 | $235,147 | $146,314 | $88,833 |
| 2014 | $2,894 | $230,541 | $143,448 | $87,093 |
Source: Public Records
Agents Affiliated with this Home
-
Jose Guevara
-
Jennifer Avellan
Buyer's Agent in 2021
Jennifer Avellan
Keller Williams SELA
(310) 346-7851
12 in this area
161 Total Sales
-
B
Buyer Co-Listing Agent in 2021
Brittney Jarrell
Keller Williams SELA
-
F
Seller's Agent in 2012
FREDERICK ALANIS
CENTURY 21 REALTY MASTERS
-
Victor Quijano
Seller Co-Listing Agent in 2012
Victor Quijano
Century 21 Realty Masters
(213) 761-3908
20 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW21154492
APN: 5185-034-016
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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