NOT LISTED FOR SALE

744 Mobile Ave Los Angeles, CA 90022

Estimated Value: $611,000 - $775,000

2 Beds
4 Baths
1,374 Sq Ft
$518/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $605,000 $440 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,669/month

35 Days on Market

About This Home

As of November 2021

FAMILY TRUST AUCTION!!! GREAT OPPORTUNITY TO BUY 4 INCOME PRODUCING UNITS IN EAST LOS ANGELES, JUST ADJACENT TO MONTEBELLO. (2) 1 BEDROOM, 1 BATHROOM UNITS AND (2) STUDIO UNITS. SEPARATE GAS AND ELECTRIC METERS.

Last Agent to Sell the Property

Larry Weiner

Flans & Weiner, Inc. License #00945753 Listed on: 08/23/2021

Last Buyer's Agent

Out Of Area Southland

SOUTHLAND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,496

Year Built

  • Built in 1947

Lot Details

  • 6,259 Sq Ft Lot
  • 1 Common Wall
  • Level Lot

Home Design

  • 1,374 Sq Ft Home
  • Apartment

Additional Features

  • 2 Bedrooms
  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 97
  • Tax Tract Number 5438
  • Assessor Parcel Number 6343009044

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $37,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,496

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Price Per Unit: 112250
  • Property Attached: Yes
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6343009044
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 440.32

Exterior Features

  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6259.00
  • Lot Size Acres: 0.1437

Multi Family

  • Gross Income: 37800.00
  • Gross Scheduled Income: 37800.00
  • Lot Size Area: 6259.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5318.00
  • Tax Lot: 97
  • Tax Tract Number: 5438

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2021
Closed on
Sep 29, 2021
Sold by
Madrid Manuel and The Alejandrina Madrid Trust
Bought by
Alegre Jaime Alfredo and Leon Rosa
Seller's Agent
Larry Weiner
Flans & Weiner, Inc.
Buyer's Agent
Out Of Area Southland
SOUTHLAND
List Price
$449,000
Sold Price
$605,000
Premium/Discount to List
$156,000
34.74%
Current Estimated Value
$711,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,674
Avg. Annual Appreciation
4.54%
Original Mortgage
$453,750
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 23, 2014
Sold by
Madrid Alejandrina
Bought by
Madrid Alejandria and Alejandrina Madrid Trust

Purchase Details

Closed on
Jan 28, 2003
Sold by
Estrada Gerardo
Bought by
Madrid Frank D and Madrid Alejandrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,300
Interest Rate
5.89%

Purchase Details

Closed on
Jul 29, 2002
Sold by
Flores Jaime and Guerra Robert C
Bought by
Estrada Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 8, 1999
Sold by
Flores Jaime
Bought by
Flores Jaime and Guerra Roberto C

Purchase Details

Closed on
Apr 1, 1999
Sold by
Salcido Frank
Bought by
Salcido Betty

Purchase Details

Closed on
Dec 11, 1998
Sold by
Flores Gloria
Bought by
Flores Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,850
Interest Rate
8.5%

Purchase Details

Closed on
Jan 11, 1994
Sold by
Yrigollen Eloisa F
Bought by
Salcido Betty
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
Alegre Jaime Alfredo $605,000 Usa National Title Company
Madrid Alejandria -- None Available
Madrid Frank D $274,000 Fidelity National Title Ins
Estrada Gerardo $235,000 Southland Title
Flores Jaime -- United Title Company
Salcido Betty -- Southland Title Corporation
Flores Jaime -- Southland Title Corporation
Flores Jaime $142,500 Southland Title Corporation
Salcido Betty -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alegre Jaime Alfredo $453,750
Previous Owner Madrid Frank D $260,300
Previous Owner Estrada Gerardo $15,000
Previous Owner Estrada Gerardo $223,250
Previous Owner Flores Jaime $106,850
Closed Flores Jaime $14,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2021 11/12/21 Sold $605,000 +34.7% $440 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $449,000 -- $327 / 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 $9,496 $642,030 $477,543 $164,487
2024 $9,496 $629,442 $468,180 $161,262
2023 $9,162 $617,100 $459,000 $158,100
2022 $8,878 $605,000 $450,000 $155,000
2021 $6,031 $366,605 $187,315 $179,290
2020 $5,996 $363,047 $185,395 $177,652
2019 $5,843 $355,933 $181,760 $174,173
2018 $5,867 $348,959 $178,197 $170,762
2016 $5,649 $335,218 $171,278 $163,940
2015 $5,378 $330,184 $168,706 $161,478
2014 $5,338 $323,717 $165,402 $158,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21186065

California Regional Multiple Listing Service (CRMLS)

APN: 6343-009-044