NOT LISTED FOR SALE

7416 Walnut Dr Los Angeles, CA 90001

Estimated Value: $571,000 - $688,000

3 Beds
1 Bath
1,060 Sq Ft
$592/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $325,000 $307 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $3,840/month

12 Days on Market

Highlights

  • No HOA
  • Front Yard
  • 1-Story Property
  • Living Room

About This Home

As of August 2018

First time on the market in over 50 years! This home is zoned in LCR2, potential opportunity to build a second unit while collecting rent. The house consists of 3 bedrooms, 1 bath, living room, dining area and some upgrades. There is also a separate house in the back that is uninhabitable and must be demolished. In addition, the property has a long driveway, two car detached garage and situated on a large lot. This property will not qualify for a loan, cash offers only. Property being sold in “AS IS” condition. It is the right and responsibility of the buyer to do all investigations, but not limited to city permits, city code, construction possibilities and condition of property. Conveniently located near schools, shopping and public transportation.

Last Agent to Sell the Property

Edgar Cortez

M C Funding Inc. License #01270740 Listed on: 06/01/2018

Last Buyer's Agent

Edgar Cortez

M C Funding Inc. License #01270740 Listed on: 06/01/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,021

Year Built

  • Built in 1938

Lot Details

  • 6,666 Sq Ft Lot
  • Front Yard
  • Property is zoned LCR2*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 178
  • Tax Tract Number 11983
  • Assessor Parcel Number 6025012029

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,021

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LCR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6025012029
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1060.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 306.60
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 6666.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5349.00
  • Tax Lot: 178
  • Tax Tract Number: 11983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Santana Investors Llc
Bought by
Velazquez Alexis Rodriguez
Current Estimated Value
$627,916

Purchase Details

Closed on
Jun 27, 2018
Sold by
Landa Rosa Maria Tinajero
Bought by
Santana Investors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 15, 2018
Sold by
Cortez Jose
Bought by
Cortez Tania Elizabeth Tinajero

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
4.5%
Mortgage Type
Construction
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
Velazquez Alexis Rodriguez -- None Listed On Document
Santana Investors Llc $325,000 First American Title Resale
Cortez Tania Elizabeth Tinajero -- First American Title Company
Landa Rosa Maria Tinajero -- First M1ethcan Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santana Investors Llc $227,000
Previous Owner Landa Rosa Maria Tinajero $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $325,000 -9.5% $307 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/11/2018 06/11/18 For Sale $359,000 +10.5% $339 / Sq Ft
06/08/2018 06/08/18 Off Market $325,000 -- --
06/01/2018 06/01/18 For Sale $359,000 -- $339 / 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 $5,021 $565,000 $475,000 $90,000
2024 $5,021 $355,430 $284,346 $71,084
2023 $4,939 $348,462 $278,771 $69,691
2022 $4,716 $341,630 $273,305 $68,325
2021 $4,662 $334,933 $267,947 $66,986
2019 $4,523 $325,000 $260,000 $65,000
2018 $1,097 $37,867 $14,193 $23,674
2016 $1,044 $36,398 $13,643 $22,755
2015 $1,031 $35,853 $13,439 $22,414
2014 $1,037 $35,151 $13,176 $21,975
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Edgar Cortez

    M C Funding Inc.

    (562) 254-4335

    3 Total Sales

    Edgar Cortez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18129538

California Regional Multiple Listing Service (CRMLS)

APN: 6025-012-029

California Los Angeles County Los Angeles 90001

7416 Walnut Dr, Los Angeles, CA

This home is located at 7416 Walnut Dr, Los Angeles, CA 90001 since 01 June 2018 and is currently estimated at $627,916, approximately $592 per square foot. This property was built in 1938. 7416 Walnut Dr is a home located in Los Angeles County with nearby schools including Florence Avenue Elementary School, Thomas A. Edison Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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