NOT LISTED FOR SALE

742 Hoefner Ave Los Angeles, CA 90022

Estimated Value: $669,000 - $807,131

5 Beds
3 Baths
1,465 Sq Ft
$494/Sq Ft Est. Value

Last Sold October 14, 2020

Last sale price $435,000 $297 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,504/month

190 Days on Market

Highlights

  • Laundry Room
  • Level Lot
  • Back and Front Yard

About This Home

As of October 2020

WOW*Opportunity Knocks for the smart investor on this property*Property is sitting on nice sized 6,755 square foot lot*Single story with 2 separate units*Third separate unit has kitchen and bath*Buyer to check on violations with 3rd unit conversion with City*Property will be sold in as-is condition with no repairs to be made*Buyer to make their own investigations as to square footage and permits*Possibilities are endless on this great investment opportunity*Title shows duplex*Don't miss out on this great buy*Please do not speak to occupants without appointment*

Last Agent to Sell the Property

Vickie Sill-Ohashi

ROYAL HOMES & LOANS License #00951509 Listed on: 03/08/2020

Last Buyer's Agent

Maria Solares

Christopher Oliver, Broker License #01999222

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,753

Year Built

  • Built in 1923

Lot Details

  • 6,755 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Back and Front Yard

Home Design

  • 1,465 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 283
  • Tax Tract Number 5445
  • Assessor Parcel Number 6341032010

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,753

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6341032010
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 296.93

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street
  • Lot Size Sq Ft: 6755.00
  • Lot Size Acres: 0.1551

Multi Family

  • Lot Size Area: 6755.0000 Square Feet
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5317.01
  • Tax Lot: 283
  • Tax Tract Number: 5445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2024
Sold by
Islas Olga Z
Bought by
Islas Gustavo
Current Estimated Value
$723,283

Purchase Details

Closed on
Aug 13, 2024
Sold by
B1-2-B1 Investments Inc
Bought by
Islas Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2020
Closed on
Sep 16, 2020
Sold by
Munoz Vincent and Antonio A Munoz Living Trust
Bought by
B1 2 B1 Investments Inc
Seller's Agent
Vickie Sill-Ohashi
ROYAL HOMES & LOANS
Buyer's Agent
Maria Solares
Christopher Oliver, Broker
List Price
$435,000
Sold Price
$435,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.69%
Original Mortgage
$392,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2003
Sold by
Munoz Antonio
Bought by
Munoz Antonio A and The Antonio A Munoz Living Tru
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
Islas Gustavo -- Fidelity National Title
Islas Gustavo -- Fidelity National Title
B1 2 B1 Investments Inc $435,000 Fidelity Natl Ttl Co Torranc
Munoz Antonio A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Islas Gustavo $630,000
Previous Owner B1-2-B1 Investments Inc $550,000
Previous Owner B1-2-B1 Investments Inc $62,000
Previous Owner B1 2 B1 Investments Inc $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $435,000 0.0% $297 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $435,000 0.0% $297 / Sq Ft
03/28/2020 03/28/20 Pending -- -- --
03/08/2020 03/08/20 For Sale $435,000 -- $297 / 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 $6,753 $700,000 $490,000 $210,000
2024 $6,753 $461,624 $355,504 $106,120
2023 $6,474 $452,574 $348,534 $104,040
2022 $6,266 $443,700 $341,700 $102,000
2021 $6,067 $435,000 $335,000 $100,000
2020 $1,716 $52,848 $28,666 $24,182
2019 $1,689 $51,812 $28,104 $23,708
2018 $1,588 $50,797 $27,553 $23,244
2016 $1,522 $48,827 $26,484 $22,343
2015 $1,478 $48,095 $26,087 $22,008
2014 $1,479 $47,153 $25,576 $21,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20051482

California Regional Multiple Listing Service (CRMLS)

APN: 6341-032-010