NOT LISTED FOR SALE

7613 Walnut Dr Los Angeles, CA 90001

Estimated Value: $759,000 - $900,000

4 Beds
2 Baths
1,347 Sq Ft
$623/Sq Ft Est. Value

Last Sold September 22, 2022

Last sale price $750,000 $557 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,316/month

89 Days on Market

Highlights

  • No HOA
  • Living Room
  • Kitchen Island
  • 3 Car Garage
  • Bungalow
  • 4-minute walk to Franklin D. Roosevelt Park

About This Home

As of September 2022

Here is your chance to set yourself up with a dream home that creates a dream retirement by investing in this light and lucrative property which has been tastefully remodeled with high-design finishes and custom details throughout. Wait until you walk through the front unit with custom walnut cabinetry, travertine countertops, new appliances, and a two-car garage because you're going to want to move into this perfect home. Which you can easily do with the front unit vacant, and the back unit paying close to market rent to reduce your own housing payment! The front unit also has a two car garage with 3 additional parking spaces, for a total of 5 spaces - and an Avocado tree! Homes like this, with these kinds of upgrades, and in a location with so much to offer are very hard to come by in a regular market but especially in one like this! However, the true beauty of this property is the fact that the back unit with it's two bedrooms, one bath, and a one-car garage and additional parking (yes, that is 7-8 parking spaces total), and that unit will be delivered with a paying tenant to lower your mortgage payment. You start to swoon as soon as you pull onto the tree-lined street in Walnut Park, knowing you're walking distance from schools, Plaza La Alameda, restaurants, transportation (Metro Blue Line), and in close proximity to the 110, 105 & 10 freeway. Also nearby is the Franklin D. Roosevelt Park and Florence Library. Just imagine how happy you will be waking up on the weekends and being able to stroll down to the Huntington Park Farmer's Market! There are also convenience and grocery stores within walking distance for those mid-week shopping trips. What makes this gorgeous duplex so special is that there are two separate houses on the property with a shared yard with an Avocado tree. In total, there is 1,347 square feet with 3 garage spots and additional parking available for 6-7 cars. See for yourself how life-changing this property will be for you and your family!

Last Agent to Sell the Property

Shelby Ring

Compass License #01949380 Listed on: 05/11/2022

Compass

Last Buyer's Agent

Daniel Overton

KW Advisors License #01888722

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,363

Year Built

  • Built in 1948

Lot Details

  • 6,513 Sq Ft Lot
  • Property is zoned LCR2YY

Parking

  • 3 Car Garage
  • 5 Open Parking Spaces

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,347 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Area
  • Ceramic Tile Flooring

Kitchen

  • Oven or Range
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 6025-006-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,363

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: California Bungalow
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1347
  • Lot Acreage: 0.1495
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Ceramic Tile
  • Bedrooms: 4
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Island
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 512.25

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 5
  • Covered Parking: 3
  • Parking Garage: Garage Is Detached, Garage - 2 Car, Garage - 1 Car
  • Total Parking: 8

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 6025-006-030
  • Lot Size Area: 6513

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2012
Sold by
Simpson Guadalupe and Simpson John
Bought by
Simpson John and Simpson Guadalupe
Current Estimated Value
$816,974

Purchase Details

Closed on
Nov 9, 2012
Sold by
Herrera Lisa Dolores
Bought by
Herrera Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$24,427
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$814,253

Purchase Details

Closed on
Oct 12, 2012
Sold by
Simpson Guadalupe and Herrera Carlos
Bought by
Simpson John and Simpson Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$24,427
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$814,253
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
Simpson John -- None Available
Herrera Carlos -- American Coast Title
Simpson John $130,000 American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson John $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2022 09/22/22 Sold $750,000 +8.7% $557 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $690,000 -8.0% $512 / Sq Ft
06/25/2022 06/25/22 Off Market $750,000 -- --
06/25/2022 06/25/22 For Sale $690,000 -8.0% $512 / Sq Ft
05/26/2022 05/26/22 Off Market $750,000 -- --
05/11/2022 05/11/22 For Sale $690,000 -- $512 / Sq Ft
Source: The MLS

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 $10,363 $780,300 $624,240 $156,060
2024 $10,363 $765,000 $612,000 $153,000
2023 $10,019 $750,000 $600,000 $150,000
2022 $2,882 $155,207 $117,065 $38,142
2021 $2,848 $152,165 $114,770 $37,395
2020 $2,860 $150,606 $113,594 $37,012
2019 $2,777 $147,654 $111,367 $36,287
2018 $2,659 $144,760 $109,184 $35,576
2016 $2,549 $139,142 $104,946 $34,196
2015 $2,515 $137,053 $103,370 $33,683
2014 $2,523 $134,370 $101,346 $33,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-155247

The MLS

APN: 6025-006-030