NOT LISTED FOR SALE

7520 S Western Ave Los Angeles, CA 90047

Manchester Square Neighborhood

Estimated Value: $610,000 - $652,535

3 Beds
2 Baths
1,079 Sq Ft
$588/Sq Ft Est. Value

Last Sold August 09, 2017

Last sale price $320,000 $297 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,850/month

118 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Neighborhood Views
  • Laundry Room
  • Granite Countertops
  • Living Room
  • Tile Flooring

About This Home

As of August 2017

Great Income Property in the Market. 2 Bed/ 1 bath and 1 Bed/1 bath. Close to RAMS development project. Come and See!.

Last Agent to Sell the Property

Jose Ramirez

Velasco Realty Group License #01503703 Listed on: 02/01/2017

Velasco Realty Group

Last Buyer's Agent

Karen Barradas

First Choice Realty Group License #01251686

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,532

Year Built

  • Built in 1956

Lot Details

  • 2,750 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Home Design

  • Flat Roof Shape
  • Partial Copper Plumbing

Interior Spaces

  • 1,079 Sq Ft Home
  • Living Room
  • Neighborhood Views
  • Window Bars
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Standard Electricity
  • Water Heater
  • TV Antenna

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 6757
  • Assessor Parcel Number 6018016015

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 2 Separate Water Meters
  • Electric Expense $60
  • Insurance Expense $100
  • Trash Expense $65
  • Water Sewer Expense $70
  • Operating Expense $295
  • Gross Income $12,000
  • Net Operating Income $9,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,532

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Price Per Unit: 170000
  • Property Attached: No
  • Security: Window Bars
  • View: Yes
  • Water Sewer Expenses: 70.00
  • Zoning: LAC2
  • Property Type: Residential Income
  • Parcel Number: 6018016015
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial, Granite Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Price Per Square Foot: 296.57
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Exterior Features: TV Antenna
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Flat

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Carport
  • Sewer: Public Sewer
  • Trash Expense: 65.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2750.00

Multi Family

  • Electric Expense: 60.00
  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 100.00
  • Net Operating Income: 9600.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: Yes
  • Total Expenses: 295.00

Tax Info

  • Tax Census Tract: 2379.00
  • Tax Lot: 21
  • Tax Tract Number: 6757

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2017
Closed on
Jul 28, 2017
Sold by
Aguilera Hector
Bought by
Salguero Francisco A
Seller's Agent
Jose Ramirez
Velasco Realty Group
Buyer's Agent
Karen Barradas
First Choice Realty Group
List Price
$360,000
Sold Price
$320,000
Premium/Discount to List
-$40,000
-11.11%
Current Estimated Value
$634,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,134
Avg. Annual Appreciation
8.91%
Original Mortgage
$314,204
Outstanding Balance
$265,828
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$368,306

Purchase Details

Closed on
Jul 11, 2005
Sold by
Avenida Properties Inc
Bought by
Aguilera Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 12, 2005
Sold by
Alford Anthony
Bought by
Avenida Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
6.02%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 29, 2003
Sold by
Reid Tamela
Bought by
Alford Anthony

Purchase Details

Closed on
Mar 25, 2002
Sold by
Rosas Enrique and Ramirez Cesar
Bought by
Reid Tamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.75%

Purchase Details

Closed on
Mar 19, 2002
Sold by
Ramirez Adriana
Bought by
Ramirez Cesar and Rosas Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
7.75%

Purchase Details

Closed on
Jul 20, 2001
Sold by
Hud
Bought by
Ramirez Adriana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.91%

Purchase Details

Closed on
Jun 30, 2000
Sold by
Bank United
Bought by
Hud

Purchase Details

Closed on
May 5, 2000
Sold by
Stevenson Pomarevou and Jackson Kevin
Bought by
Bank United

Purchase Details

Closed on
May 19, 1999
Sold by
West City Properties Inc
Bought by
Stevenson Pomarevou and Jackson Kerin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,896
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 1998
Sold by
Cuevas Manijeh Fallahi
Bought by
Cuevas Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.05%

Purchase Details

Closed on
Dec 12, 1997
Sold by
Hardee James E
Bought by
Fierro Joseph and Cuevas Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
7.05%
Source: Public Records

Range of Values:

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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
Salguero Francisco A $320,000 Provident Title Company
Aguilera Hector $425,000 Southland Title Corporation
Avenida Properties Inc $250,000 Southland Title Corporation
Alford Anthony -- --
Reid Tamela $155,000 Commonwealth
Ramirez Cesar -- --
Ramirez Adriana $100,000 Ticor Title
Hud -- Fidelity National Title Ins
Bank United $171,466 Fidelity National Title Ins
Stevenson Pomarevou $160,000 Benefit Land Title Company
West City Properties Inc -- Benefit Title
Cuevas Carlos -- --
Fierro Joseph $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salguero Francisco A $314,204
Previous Owner Aguilera Hector $85,000
Previous Owner Aguilera Hector $340,000
Previous Owner Avenida Properties Inc $164,000
Previous Owner Avenida Properties Inc $95,000
Previous Owner Reid Tamela $139,500
Previous Owner Ramirez Adriana $90,000
Previous Owner Stevenson Pomarevou $158,896
Previous Owner Fierro Joseph $24,000
Previous Owner Fierro Joseph $106,000
Previous Owner Fierro Joseph $101,500
Closed Reid Tamela $10,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2017 08/09/17 Sold $320,000 -5.9% $297 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/11/2017 05/11/17 Price Changed $340,000 -2.9% $315 / Sq Ft
05/04/2017 05/04/17 Price Changed $350,000 -2.8% $324 / Sq Ft
04/28/2017 04/28/17 Price Changed $359,900 0.0% $334 / Sq Ft
04/16/2017 04/16/17 For Sale $360,000 +12.5% $334 / Sq Ft
04/10/2017 04/10/17 Off Market $320,000 -- --
03/25/2017 03/25/17 Price Changed $360,000 -1.3% $334 / Sq Ft
03/08/2017 03/08/17 Price Changed $364,900 -8.8% $338 / Sq Ft
03/02/2017 03/02/17 Price Changed $400,000 -4.8% $371 / Sq Ft
02/01/2017 02/01/17 For Sale $420,000 -- $389 / 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 $4,532 $364,101 $261,699 $102,402
2024 $4,532 $356,963 $256,568 $100,395
2023 $4,451 $349,965 $251,538 $98,427
2022 $4,252 $343,104 $246,606 $96,498
2021 $4,195 $336,377 $241,771 $94,606
2019 $4,073 $326,840 $234,600 $92,240
2018 $4,018 $320,440 $230,000 $90,440
2016 $5,939 $490,616 $398,268 $92,348
2015 $5,852 $483,247 $392,286 $90,961
2014 $5,880 $473,782 $384,602 $89,180
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jose Ramirez

    Velasco Realty Group

    (213) 458-2200

    11 Total Sales

    Section Image
  • Karen Barradas

    Buyer's Agent in 2017

    Karen Barradas

    First Choice Realty Group

    (626) 625-2459

    8 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17020873

California Regional Multiple Listing Service (CRMLS)

APN: 6018-016-015

California Los Angeles County Los Angeles 90047 Manchester Square

7520 S Western Ave, Los Angeles, CA

This home is located at 7520 S Western Ave, Los Angeles, CA 90047 since 01 February 2017 and is currently estimated at $634,134, approximately $587 per square foot. This property was built in 1956. 7520 S Western Ave is a home located in Los Angeles County with nearby schools including Raymond Avenue Elementary School, Horace Mann Ucla Community, and Augustus F. Hawkins High A Critical Design And Gaming.

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

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