NOT LISTED FOR SALE

7711 Whitsett Ave Los Angeles, CA 90001

Estimated Value: $717,000 - $827,000

2 Beds
2 Baths
1,970 Sq Ft
$390/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $480,000 $244 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,830/month

104 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Tile Flooring
  • Back and Front Yard
  • Laundry Room
  • Central Heating
  • 4-minute walk to Franklin D. Roosevelt Park

About This Home

As of August 2017

Your Wait its over a must see !!! Great Opportunity for first time home buyers Move in conditions. Both units to be delivery vacant . Regular sale not an REO, not A short sale...FHA and VA Welcome. Large Driveway and back yard for plenty of parking and carport for two cars . Hurry property is Price to sell and Wont last Long...

Last Agent to Sell the Property

Rosibel Flores

Equity Smart Real Estate Serv License #01965611 Listed on: 03/17/2017

Last Buyer's Agent

Rosibel Flores

Equity Smart Real Estate Serv License #01965611 Listed on: 03/17/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,708

Year Built

  • Built in 1920

Lot Details

  • 6,775 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Home Design

  • 1,970 Sq Ft Home
  • Property Attached

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for all utilities, grounds care
  • Tax Lot 73
  • Tax Tract Number 11
  • Assessor Parcel Number 6025007012

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • New Taxes Expense $5,574
  • Operating Expense $6,274
  • Gross Income $31,200
  • Net Operating Income $30,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,708

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LCR2*
  • Property Type: Residential Income
  • Parcel Number: 6025007012
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 243.65
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Electricity Available, Natural Gas Connected, Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6775.00

Rental Info

  • Tenant Pays: All Utilities, Grounds Care

Multi Family

  • Gross Income: 31200.00
  • Gross Scheduled Income: 31200.00
  • Insurance Expense: 700.00
  • Net Operating Income: 30500.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 700.00
  • Rent Control: No
  • Total Actual Rent: 3000.00
  • Total Expenses: 6273.75

Tax Info

  • New Taxes Expense: 5573.70
  • Tax Census Tract: 5349.00
  • Tax Lot: 73
  • Tax Tract Number: 11-983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2017
Closed on
Aug 18, 2017
Sold by
Garduno Jeraldin
Bought by
Robles Villa Jose E
Seller's Agent
Rosibel Flores
Equity Smart Real Estate Serv
Buyer's Agent
Rosibel Flores
Equity Smart Real Estate Serv
List Price
$445,900
Sold Price
$480,000
Premium/Discount to List
$34,100
7.65%
Current Estimated Value
$768,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,627
Avg. Annual Appreciation
5.75%
Original Mortgage
$439,560
Outstanding Balance
$368,526
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$382,750

Purchase Details

Listed on
Mar 17, 2017
Closed on
Aug 17, 2017
Sold by
Torres Irving Yoan Beltran
Bought by
Borquez Michelle
Seller's Agent
Rosibel Flores
Equity Smart Real Estate Serv
Buyer's Agent
Rosibel Flores
Equity Smart Real Estate Serv
List Price
$445,900
Sold Price
$480,000
Premium/Discount to List
$34,100
7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,560
Outstanding Balance
$368,526
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$382,750

Purchase Details

Listed on
Mar 17, 2017
Closed on
Aug 10, 2017
Sold by
The Villarreal Medina Family Living Trus
Bought by
Robles Villa Jose E and Borquez Michelle
Seller's Agent
Rosibel Flores
Equity Smart Real Estate Serv
Buyer's Agent
Rosibel Flores
Equity Smart Real Estate Serv
List Price
$445,900
Sold Price
$480,000
Premium/Discount to List
$34,100
7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,560
Outstanding Balance
$368,526
Interest Rate
3.96%
Mortgage Type
FHA
Estimated Equity
$382,750

Purchase Details

Closed on
Jul 3, 2012
Sold by
Villareal Roberto
Bought by
The Villarreal Medina Family Living Trus

Purchase Details

Closed on
May 16, 2001
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Villareal Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
7.06%

Purchase Details

Closed on
Nov 7, 2000
Sold by
Wells Fargo Home Mtg Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 2, 2000
Sold by
Fields Grant Sean
Bought by
Beneficial California Inc
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
Robles Villa Jose E -- Pacific Coast Title Company
Borquez Michelle -- Pacific Coast Title Company
Robles Villa Jose E $480,000 Pacrfic Coast Title Company
The Villarreal Medina Family Living Trus -- None Available
Villareal Roberto $139,000 Commonwealth Land Title
Federal Home Loan Mortgage Corporation -- Fidelity National Title Ins
Beneficial California Inc -- Fidelity National Title Co
Wells Fargo Home Mtg Inc $96,671 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robles-Villa Jose E $32,201
Closed Robles Villa Jose E $12,625
Open Robles Villa Jose E $439,560
Previous Owner Villareal Roberto $234,000
Previous Owner Villareal Roberto $50,500
Previous Owner Villareal Roberto $135,034
Previous Owner Villareal Roberto $23,500
Previous Owner Villareal Roberto $134,800
Previous Owner Lopez Jess $20,000
Closed Villareal Roberto $4,170
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2017 08/21/17 Sold $480,000 0.0% $244 / Sq Ft
06/29/2017 06/29/17 Pending -- -- --
05/15/2017 05/15/17 Off Market $480,000 -- --
05/02/2017 05/02/17 For Sale $445,900 -7.1% $226 / Sq Ft
03/22/2017 03/22/17 Off Market $480,000 -- --
03/17/2017 03/17/17 For Sale $445,900 -- $226 / 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 $7,708 $546,152 $322,003 $224,149
2024 $7,708 $535,444 $315,690 $219,754
2023 $7,413 $524,946 $309,500 $215,446
2022 $7,080 $514,654 $303,432 $211,222
2021 $6,999 $504,564 $297,483 $207,081
2019 $6,791 $489,600 $288,660 $200,940
2018 $6,635 $480,000 $283,000 $197,000
2016 $4,420 $296,130 $136,181 $159,949
2015 $4,356 $291,683 $134,136 $157,547
2014 $4,361 $285,970 $131,509 $154,461
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW17055464

California Regional Multiple Listing Service (CRMLS)

APN: 6025-007-012