NOT LISTED FOR SALE

747 School Ave Los Angeles, CA 90022

Estimated Value: $730,000 - $790,000

4 Beds
2 Baths
1,739 Sq Ft
$440/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $375,000 $216 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,610/month

24 Days on Market

Highlights

  • Wrought Iron Fence
  • Paved or Partially Paved Lot
  • Wall Furnace

About This Home

As of July 2014

Duplex located in highly desired neighborhood , close to schools, stores and transportation. Front unit in original condition. Back unit was completely remodeled a few years ago. Each unit is a 2 bedroom 1 bath, with a single car garage. Live in one and rent the other. Back unit is tenant occupied. Each unit has it's own laundry. Both units can be delivered vacant.

Last Agent to Sell the Property

PAUL VIEYRA

Redfin Corporation License #01802026 Listed on: 03/28/2014

Redfin Corporation

Last Buyer's Agent

PAUL VIEYRA

Redfin Corporation License #01802026 Listed on: 03/28/2014

Redfin Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,245

Year Built

  • Built in 1951

Lot Details

  • 5,617 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage

Home Design

  • 1,739 Sq Ft Home
  • Property Attached
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • Tax Lot 1051
  • Tax Tract Number 5445
  • Assessor Parcel Number 6342034021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $900
  • New Taxes Expense $4,800
  • Operating Expense $6,500
  • Gross Income $2,400
  • Net Operating Income $22,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,245

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 6342034021
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 215.64

Exterior Features

  • Fencing: Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 5617.00
  • Lot Size Acres: 0.1290

Rental Info

  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Gross Income: 2400.00
  • Gross Operating Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5617.0000 Square Feet
  • Net Operating Income: 22300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6500.00
  • Other Income Description: GSI based of renting bth units
  • Rent Control: No
  • Total Expenses: 6500.00

Tax Info

  • New Taxes Expense: 4800.00
  • Tax Lot: 1051
  • Tax Tract Number: 5445
  • Tax Annual Amount: 3245.00
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jul 29, 2014
Sold by
Morehead Vincent
Bought by
Morehead Milyanna
Seller's Agent
PAUL VIEYRA
Redfin Corporation
Buyer's Agent
PAUL VIEYRA
Redfin Corporation
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%
Current Estimated Value
$764,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,626

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jul 25, 2014
Sold by
Escalera Tony G
Bought by
Escalera Georgina M
Seller's Agent
PAUL VIEYRA
Redfin Corporation
Buyer's Agent
PAUL VIEYRA
Redfin Corporation
List Price
$390,000
Sold Price
$375,000
Premium/Discount to List
-$15,000
-3.85%

Purchase Details

Closed on
May 22, 2014
Sold by
Gonzalez David
Bought by
Galvan Artemio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2012
Sold by
Gonzales David and The Sarah C Avila Revocable Tr
Bought by
Gonzales David and Morehead Milyanna

Purchase Details

Closed on
Aug 6, 2009
Sold by
Avila Sarah C
Bought by
Avila Sarah C and Sarah C Avila Revocable Trust

Purchase Details

Closed on
Jul 6, 2006
Sold by
Avila Sarah C and Morehead Milyana
Bought by
Avila Sarah C

Purchase Details

Closed on
Jan 18, 2001
Sold by
Avila Sarah C
Bought by
Avila Sarah C

Purchase Details

Closed on
Apr 30, 1996
Sold by
Avila Sarah C
Bought by
Avila Sarah C and Sarah C Avila Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morehead Milyanna -- First American Title
Escalera Georgina M -- First American Title
Galvan Artemio $375,000 Fatco
Gonzales David -- None Available
Avila Sarah C -- None Available
Avila Sarah C -- None Available
Avila Sarah C -- --
Avila Sarah C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galvan Artemio $281,250
Previous Owner Avila Sarah C $200,000
Previous Owner Avila Sarah C $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2014 07/25/14 Sold $375,000 -3.8% $216 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $390,000 -- $224 / 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 $6,437 $450,683 $270,412 $180,271
2024 $6,437 $441,847 $265,110 $176,737
2023 $6,273 $433,184 $259,912 $173,272
2022 $6,072 $424,691 $254,816 $169,875
2021 $5,879 $416,365 $249,820 $166,545
2019 $5,671 $404,017 $242,411 $161,606
2018 $5,705 $396,096 $237,658 $158,438
2016 $5,467 $380,718 $228,431 $152,287
2015 $5,167 $375,000 $225,000 $150,000
2014 $3,247 $202,894 $117,077 $85,817
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    PAUL VIEYRA

    Redfin Corporation

    PAUL VIEYRA
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14063607

California Regional Multiple Listing Service (CRMLS)

APN: 6342-034-021

California Los Angeles County Los Angeles 90022

747 School Ave, Los Angeles, CA

This home is located at 747 School Ave, Los Angeles, CA 90022 since 28 March 2014 and is currently estimated at $764,626, approximately $439 per square foot. This property was built in 1951. 747 School Ave is a home located in Los Angeles County with nearby schools including Joseph A. Gascon Elementary School, Eastmont Intermediate School, and Schurr High School.

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

Nearby Homes