NOT LISTED FOR SALE

741 E 109th St Los Angeles, CA 90059

Green Meadows Neighborhood

Estimated Value: $573,000 - $761,429

5 Beds
2 Baths
1,828 Sq Ft
$363/Sq Ft Est. Value

Last Sold January 06, 2014

Last sale price $280,000 $153 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $3,805/month

99 Days on Market

About This Home

As of January 2014

Great Investment Opportunity. VACANT Duplex~ Front Unit is 3bd/ 1 bath with a spacious living room and dinning room, market rent is $1,700 & Rear Unit is 2bd/ 1 bath, market rent is $1,200. Both Units have been renovated with new carpet and paint with new vanity, faucets and new toilets and new garage doors. This is a must see~ Excellent opportunity for owner user/investor. Property is being sold As-Is.

Last Agent to Sell the Property

Hector Moreno

American Team Properties License #01199834 Listed on: 08/14/2013

Last Buyer's Agent

Hector Moreno

American Team Properties License #01199834 Listed on: 08/14/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 5,808 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,828 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 6478
  • Assessor Parcel Number 6071010006

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

5,808 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 6071010006
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 153.17

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5808.00
  • Lot Size Acres: 0.1330

Multi Family

  • Lot Size Area: 5808.0000 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: Yes

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 6478
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2020
Sold by
Ramos Chavez Jesus
Bought by
Mojarro Rene Ramos
Current Estimated Value
$663,857

Purchase Details

Listed on
Aug 14, 2013
Closed on
Dec 11, 2013
Sold by
Strategic Fund 73 Llc
Bought by
Ramos Chavez Jesus
Seller's Agent
Hector Moreno
American Team Properties
Buyer's Agent
Hector Moreno
American Team Properties
List Price
$279,000
Sold Price
$280,000
Premium/Discount to List
$1,000
0.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$274,928
Outstanding Balance
$207,817
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$456,040

Purchase Details

Closed on
Aug 20, 2013
Sold by
Strategic Acquisitions Inc
Bought by
Strategic Fund 73 Llc

Purchase Details

Closed on
Feb 4, 2013
Sold by
Grimaldo Maria
Bought by
Strategic Acquisitions Inc

Purchase Details

Closed on
Oct 29, 2007
Sold by
Grimaldo Noel
Bought by
Grimaldo Maria E

Purchase Details

Closed on
Nov 19, 2004
Sold by
Rosas Miguel
Bought by
Grimaldo Noel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
9.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2001
Sold by
Residential Revitalization Corp
Bought by
Grimaldo Noel and Rosas Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,043
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2001
Sold by
Hud
Bought by
Residential Revitalization Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
7.21%

Purchase Details

Closed on
Mar 21, 2001
Sold by
Chase Manhattan Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 1, 2000
Sold by
Reynaga Mariano
Bought by
Chase Manhattan Mtg Corp

Purchase Details

Closed on
Nov 23, 1998
Sold by
Monterroza Fernando and Monterroza Silvia Y
Bought by
Reynaga Mariano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,650
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 1996
Sold by
Bourne Robert
Bought by
Monterroza Fernando and Monterroza Silvia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,188
Interest Rate
7.41%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 1994
Sold by
Bourne Margaret
Bought by
Bourne Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
9.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mojarro Rene Ramos -- Accommodation
Mojarro Rene Ramos -- Accommodation
Ramos Chavez Jesus $280,000 Fidelity National Title Co
Strategic Fund 73 Llc -- None Available
Strategic Acquisitions Inc -- Accommodation
Grimaldo Maria E -- None Available
Grimaldo Marla E -- None Available
Grimaldo Noel -- Financial
Grimaldo Noel $185,000 North American Title Co
Residential Revitalization Corp $135,500 Southland Title
Hud -- American Title
Chase Manhattan Mtg Corp $176,760 Lawyers Title Company
Reynaga Mariano $164,000 First American Title Co
Monterroza Fernando $123,000 Fidelity National Title Ins
Bourne Robert -- Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Chavez Jesus $274,928
Previous Owner Grimaldo Noel $255,000
Previous Owner Grimaldo Noel $182,043
Previous Owner Residential Revitalization Corp $133,000
Previous Owner Reynaga Mariano $162,650
Previous Owner Monterroza Fernando $122,188
Previous Owner Bourne Robert $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2014 01/06/14 Sold $280,000 +0.4% $153 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $279,000 -- $153 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,623 $343,230 $220,649 $122,581
2024 $4,623 $336,501 $216,323 $120,178
2023 $4,539 $329,904 $212,082 $117,822
2022 $4,342 $323,436 $207,924 $115,512
2021 $4,281 $317,096 $203,848 $113,248
2020 $4,318 $313,845 $201,758 $112,087
2019 $4,159 $307,692 $197,802 $109,890
2018 $4,066 $301,660 $193,924 $107,736
2016 $3,871 $289,948 $186,395 $103,553
2015 $3,813 $285,594 $183,596 $101,998
2014 $2,893 $203,000 $140,000 $63,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2014

    Hector Moreno

    American Team Properties

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW13163748

California Regional Multiple Listing Service (CRMLS)

APN: 6071-010-006

California Los Angeles County Los Angeles 90059 Green Meadows

741 E 109th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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