NOT LISTED FOR SALE

7509 Walnut Dr Los Angeles, CA 90001

Estimated Value: $836,000 - $939,367

5 Beds
3 Baths
1,702 Sq Ft
$514/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $863,000 $507 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,651/month

10 Days on Market

Highlights

  • Auto Driveway Gate
  • No HOA
  • Laundry Room
  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • 5-minute walk to Franklin D. Roosevelt Park

About This Home

As of May 2023

This is a rare opportunity to own a 2 unit property in the highly desirable southwest area of Los Angeles. The property features a spacious 3 bedroom & 2 bath unit and a cozy 2 bedroom 1 bath unit, both with ample natural light and lots of parking. The units have been recently update and painted inside and out. They are ready for move-in. The location is excellent, with easy access to transportation and all the amenities Los Angeles has to offer. You have shopping and restaurants with in walking distance as well as schools. This is a perfect investment property or for owner-occupancy. Don't miss out on this opportunity to own a piece of Los Angeles real estate in a fantastic neighborhood!

Last Agent to Sell the Property

Oscar Jimenez

First Team Real Estate License #01260075 Listed on: 01/23/2023

First Team Real Estate

Last Buyer's Agent

Manuel Torralba Bravo

International Brokers & Associ License #01861956

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 6,780 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway
  • Auto Driveway Gate

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Slab Foundation
  • Fire Rated Drywall
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,702 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Tile Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Phone Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 169
  • Tax Tract Number 534
  • Assessor Parcel Number 6025006037

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

6,780 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: LCR2*
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6025006037
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: No
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 507.05
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: East
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Driveway, Garage, Garage Faces Front, Gated
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6780.00
  • Lot Size Acres: 0.1556

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 6780.0000 Square Feet
  • Net Operating Income: 54000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 5349.00
  • Tax Lot: 169
  • Tax Tract Number: 534...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2023
Closed on
Apr 27, 2023
Sold by
Barajas Daniel
Bought by
Carretero Jose Luis and Carretero Sofia Gutierrez
Seller's Agent
Oscar Jimenez
First Team Real Estate
Buyer's Agent
Manuel Torralba Bravo
International Brokers & Associ
List Price
$639,900
Sold Price
$863,000
Premium/Discount to List
$223,100
34.86%
Views
164
Current Estimated Value
$874,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,342
Avg. Annual Appreciation
0.46%
Original Mortgage
$539,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2018
Sold by
Ortega Mariela
Bought by
Garcia Tamar and Estate Of Aminadab Garcia

Purchase Details

Closed on
Jun 14, 2016
Sold by
Monte
Bought by
Orteg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Carretero Jose Luis $863,000 Equity Title Company
Garcia Tamar -- None Available
Orteg -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Carretero Jose Luis $539,000
Previous Owner Orteg --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2023 05/24/23 Sold $863,000 0.0% $507 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/30/2023 01/30/23 Off Market $863,000 -- --
01/23/2023 01/23/23 For Sale $639,900 -- $376 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,748 $897,865 $624,240 $273,625
2024 $11,748 $880,260 $612,000 $268,260
2023 $6,398 $443,749 $238,942 $204,807
2022 $6,115 $435,049 $234,257 $200,792
2021 $6,045 $426,519 $229,664 $196,855
2020 $6,087 $422,147 $227,310 $194,837
2019 $5,867 $413,870 $222,853 $191,017
2018 $5,747 $405,756 $218,484 $187,272
2016 $3,930 $255,446 $114,787 $140,659
2015 $3,875 $251,610 $113,063 $138,547
2014 $3,880 $246,683 $110,849 $135,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23011108

California Regional Multiple Listing Service (CRMLS)

APN: 6025-006-037

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