NOT LISTED FOR SALE

7705 Whitsett Ave Los Angeles, CA 90001

Estimated Value: $718,000 - $901,000

5 Beds
4 Baths
2,080 Sq Ft
$383/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $410,000 $197 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $5,021/month

33 Days on Market

About This Home

As of October 2014

Great Investment Opportunity!! this two units are in perfect conditions, ready to move in.
front unit, 2 bed 2 bath, very huge, back unit is 3 bed 2 bath, very clean, owner lives in
front unit is rented for $1350. per month. back unit will vacant at close of escrow.

Last Agent to Sell the Property

AMANDA MEZA

BLUE SKY REAL ESTATE CENTER License #01374048 Listed on: 07/31/2014

Last Buyer's Agent

Elvira Hernandez

VIP Real Estate Firm License #01189581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,126

Year Built

  • Built in 1914

Lot Details

  • 6,763 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 4 Parking Spaces

Home Design

  • 2,080 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 71
  • Tax Tract Number 53490
  • Assessor Parcel Number 6025007011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,920
  • Insurance Expense $2,400
  • Maintenance Expense $1,200
  • Trash Expense $960
  • Water Sewer Expense $3,000
  • New Taxes Expense $2,500
  • Gross Income $2,600
  • Net Operating Income $27,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,126

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Other Phone Description: MR. GARCIA
  • Other Phone Number: 626-549-7470
  • Property Attached: No
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 6025007011
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 197.12

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 960.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6763.00
  • Lot Size Acres: 0.1550

Multi Family

  • Electric Expense: 1920.00
  • Gross Income: 2600.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6763.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 27400.00
  • 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: 3800.00
  • Rent Control: Yes
  • Total Actual Rent: 1350.00

Tax Info

  • New Taxes Expense: 2500.00
  • Tax Lot: 71
  • Tax Tract Number: 53490
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2021
Sold by
Martinez Veronica and Ocampo Alfredo
Bought by
Martinez Veronica
Current Estimated Value
$797,220

Purchase Details

Closed on
Aug 12, 2016
Sold by
Monterrosa Veronica M and Alvarez Nidia
Bought by
Martinez Veronia and Ocampo Alfredo

Purchase Details

Listed on
Jul 31, 2014
Closed on
Oct 3, 2014
Sold by
Villarreal Sergio and Villarreal Eva
Bought by
Monterrosa Veronica M and Alvarez Nidia
Seller's Agent
AMANDA MEZA
BLUE SKY REAL ESTATE CENTER
Buyer's Agent
Elvira Hernandez
VIP Real Estate Firm
List Price
$435,000
Sold Price
$410,000
Premium/Discount to List
-$25,000
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$402,573
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2014
Sold by
Villarreal Sergio and Villarreal Eva
Bought by
Villarreal Sergio and Villarreal Eva

Purchase Details

Closed on
Aug 29, 2007
Sold by
Villarreal Sergio and Villarreal Roberto
Bought by
Villarreal Sergio and Villarreal Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
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
Martinez Veronica -- Accommodation
Martinez Veronia -- None Available
Monterrosa Veronica M $410,000 North American Title Company
Villarreal Sergio -- None Available
Villarreal Sergio -- Ticor Title Co Glendale
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Monterrosa Veronica M $402,573
Previous Owner Villarreal Sergio $206,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $410,000 -5.7% $197 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $435,000 -- $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 $8,126 $580,650 $387,041 $193,609
2024 $8,126 $569,265 $379,452 $189,813
2023 $7,824 $558,104 $372,012 $186,092
2022 $7,471 $547,162 $364,718 $182,444
2021 $6,849 $490,301 $307,613 $182,688
2020 $6,898 $485,274 $304,459 $180,815
2019 $6,647 $475,760 $298,490 $177,270
2018 $6,483 $466,433 $292,638 $173,795
2016 $5,831 $416,252 $268,432 $147,820
2015 $5,745 $410,000 $264,400 $145,600
2014 $5,411 $373,726 $191,890 $181,836
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    AMANDA MEZA

    BLUE SKY REAL ESTATE CENTER

    (909) 624-2583

    9 Total Sales

    AMANDA MEZA
    Section Image

  • E

    Buyer's Agent in 2014

    Elvira Hernandez

    VIP Real Estate Firm

    (562) 755-9333

    2 in this area

    35 Total Sales

    Elvira Hernandez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV14163252

California Regional Multiple Listing Service (CRMLS)

APN: 6025-007-011

California Los Angeles County Los Angeles 90001

7705 Whitsett Ave, Los Angeles, CA

This home is located at 7705 Whitsett Ave, Los Angeles, CA 90001 since 31 July 2014 and is currently estimated at $797,220, approximately $383 per square foot. This property was built in 1914. 7705 Whitsett Ave is a home located in Los Angeles County with nearby schools including Florence Avenue Elementary School, Thomas A. Edison Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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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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