NOT LISTED FOR SALE

Estimated Value: $753,000 - $953,000

4 Beds
2 Baths
2,036 Sq Ft
$409/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $570,000 $280 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,223/month

54 Days on Market

Highlights

  • Main Floor Bedroom
  • Fireplace
  • Back Yard
  • No HOA
  • Laundry Room

About This Home

As of January 2021

Attention developers and investors! This property's large 6,503 square foot lot is zoned R2 and is ideal for development. The existing duplex has some deferred maintenance but could be remodeled and sold or held as a long term investment. Located minutes from Downtown, USC, and great restaurants. Drive by only. Please do not disturb occupants. Call listing agent with any questions.

Last Agent to Sell the Property

Archie Lappin

Seven Gables Real Estate License #01415745 Listed on: 09/04/2020

Seven Gables Real Estate

Co-Listed By

Kelly Lappin

Seven Gables Real Estate License #00614421

Last Buyer's Agent

Mary Beltran

Capital Management Realty Inc. License #01415689

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,199

Year Built

  • Built in 1901

Lot Details

  • 6,503 Sq Ft Lot
  • No Common Walls
  • Back Yard

Home Design

  • Duplex

Interior Spaces

  • 2,036 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Urban Location
  • Sewer Paid

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 13 / D
  • Tax Tract Number 4
  • Assessor Parcel Number 5131023014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,199

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5131023014
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2036.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 279.96
  • Room Type: Main Floor Bedroom

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6503.00
  • Lot Size Acres: 0.1493

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6503.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: D
  • Tax Census Tract: 2264.20
  • Tax Lot: 13
  • Tax Tract Number: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 2022
Sold by
Ramin Hazany
Bought by
H20 Investment Llc
Current Estimated Value
$833,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Outstanding Balance
$767,069
Interest Rate
5.54%
Mortgage Type
Construction
Estimated Equity
$66,033

Purchase Details

Listed on
Sep 4, 2020
Closed on
Jan 12, 2021
Sold by
Lalezar Nadia
Bought by
Omrani Ebrahim
Seller's Agent
Archie Lappin
Seven Gables Real Estate
Buyer's Agent
Mary Beltran
Capital Management Realty Inc.
List Price
$424,900
Sold Price
$570,000
Premium/Discount to List
$145,100
34.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%

Purchase Details

Closed on
Oct 29, 2020
Sold by
Lopez Aracelly G and Aracelly G Lopez 2020 Trust
Bought by
Hazany Ramin and Omrani Ebrahim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2020
Sold by
Lopez Aracelly G and Lopez Melvi A
Bought by
Lopez Aracelly G and Aracelly G Lopez 2020 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
H20 Investment Llc -- --
Omrani Ebrahim -- Ticor Title
Hazany Robert -- Ticor Ttl Orange Cnty Branch
Hazany Ramin -- Ticor Ttl Orange Cnty Branch
Hazany Ramin $570,000 Ticor Title
Lopez Aracelly G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open H2o Investment Llc $800,000
Previous Owner H20 Investment Llc $425,000
Previous Owner Hazany Ramin $427,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $570,000 +20.0% $280 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/20/2020 10/20/20 Price Changed $475,000 -17.4% $233 / Sq Ft
10/03/2020 10/03/20 Price Changed $575,000 +35.3% $282 / Sq Ft
09/18/2020 09/18/20 For Sale $424,900 -25.5% $209 / Sq Ft
09/11/2020 09/11/20 Off Market $570,000 -- --
09/04/2020 09/04/20 For Sale $424,900 -- $209 / 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 $8,199 $665,856 $520,200 $145,656
2024 $8,199 $652,800 $510,000 $142,800
2023 $8,429 $672,098 $520,200 $151,898
2022 $8,041 $658,920 $510,000 $148,920
2021 $1,555 $116,862 $67,696 $49,166
2020 $1,562 $115,664 $67,002 $48,662
2019 $1,509 $113,397 $65,689 $47,708
2018 $1,444 $111,174 $64,401 $46,773
2016 $1,354 $106,858 $61,901 $44,957
2015 $1,335 $105,254 $60,972 $44,282
2014 $1,350 $103,193 $59,778 $43,415
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20183434

California Regional Multiple Listing Service (CRMLS)

APN: 5131-023-014