NOT LISTED FOR SALE

7428 S Broadway Los Angeles, CA 90003

Florence Neighborhood

Estimated Value: $691,000 - $823,000

3 Beds
2 Baths
1,364 Sq Ft
$571/Sq Ft Est. Value

Last Sold October 03, 2018

Last sale price $475,000 $348 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,657/month

10 Days on Market

About This Home

As of October 2018

Standard sale Great location 2 Detached Units residential income property with lots of potential located near schools public transportation and easy freeway access this property has a lot of space for parking also the same owner is selling the property next to this good opportunity to buy together or separately

Last Agent to Sell the Property

JUAN AMADOR

Coldwell Banker Allstars License #01246948 Listed on: 07/18/2018

Coldwell Banker Allstars

Last Buyer's Agent

JUAN AMADOR

Coldwell Banker Allstars License #01246948 Listed on: 07/18/2018

Coldwell Banker Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,587

Year Built

  • Built in 1930

Lot Details

  • 6,465 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,364 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 61
  • Tax Tract Number 2396
  • Assessor Parcel Number 6031008006

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

Est. Annual Taxes

$6,587

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAC2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6031008006
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 348.24

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6465.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • 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 Census Tract: 2396.01
  • Tax Lot: 61
  • Tax Tract Number: 2396.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2024
Sold by
Manchester Group Llc
Bought by
7420-8 Broadway Llc
Current Estimated Value
$779,309

Purchase Details

Closed on
Aug 3, 2018
Sold by
Amador Luis Orlando and Amador Cristina
Bought by
Manchester Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2007
Sold by
Amador Mirna
Bought by
Amador Luis Orlando and Amador Cristina

Purchase Details

Closed on
Nov 14, 2003
Sold by
Pearson Sam
Bought by
Amador Mirna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 18, 1996
Sold by
Wbs Properties & Associates
Bought by
Pearson Sam

Purchase Details

Closed on
May 25, 1995
Sold by
Pearson Sam
Bought by
Wbs Properties & Associates
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
7420-8 Broadway Llc -- None Listed On Document
Manchester Group Llc $475,000 Lawyers Title
Amador Luis Orlando -- Accommodation
Amador Mirna $159,000 Ctc
Amador Mirna $159,000 Ctc
Pearson Sam -- --
Wbs Properties & Associates -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manchester Group Llc $332,500
Previous Owner Amador Mirna $161,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2018 10/03/18 Sold $475,000 0.0% $348 / Sq Ft
07/28/2018 07/28/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $475,000 -- $348 / 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 $6,587 $600,000 $500,000 $100,000
2024 $6,587 $519,478 $360,901 $158,577
2023 $6,463 $509,293 $353,825 $155,468
2022 $6,219 $499,308 $346,888 $152,420
2021 $6,142 $489,519 $340,087 $149,432
2020 $6,150 $484,500 $336,600 $147,900
2019 $5,914 $475,000 $330,000 $145,000
2018 $4,224 $337,374 $212,422 $124,952
2016 $4,029 $324,274 $204,174 $120,100
2015 $3,972 $319,404 $201,108 $118,296
2014 $3,997 $313,148 $197,169 $115,979
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    JUAN AMADOR

    Coldwell Banker Allstars

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN18174623

California Regional Multiple Listing Service (CRMLS)

APN: 6031-008-006

California Los Angeles County Los Angeles 90003 Florence

7428 S Broadway, Los Angeles, CA

Not Listed for Sale

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