Seller's Agent in 2024
May Tseng
Pinnacle Real Estate Group
(626) 888-9808
1 in this area
133 Total Sales
7814 S Western Ave Los Angeles, CA 90047
Manchester Square NeighborhoodEstimated Value: $909,000 - $945,000
6
Beds
4
Baths
2,392
Sq Ft
$388/Sq Ft
Est. Value
Highlights
- Gated Parking
- Lawn
- Cooling System Mounted To A Wall/Window
- Main Floor Primary Bedroom
- No HOA
- Laundry Room
About This Home
As of July 2024No rent control! Built in 2018, this beautiful duplex has an upstairs unit and a downstairs unit - both occupied. Duplex offers two single-level 3 bedroom, 2 bath units, each with its own in-unit washer dryers. Both units are on Month to Month Lease with immediate Fair Market Rent at $3300. Performance CAP at 6.75%. Open floor plan with living room, dining room, and kitchen. Both units have almost identical layouts with laminate flooring and recessed lighting throughout. Modern kitchen with stainless appliances and quartz countertops. Low expenses since units are separately metered for gas, power, and water - tenants pay for all utilities! Tandem driveway parking that's behind the gate. Excellent location and approximately 3-miles from SoFi Stadium!
Last Agent to Sell the Property
Pinnacle Real Estate Group Brokerage Phone: 626-375-3616 License #01860940 Listed on: 05/24/2024
Co-Listed By
Pinnacle Real Estate Group Brokerage Phone: 626-375-3616 License #01852242
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,935
Year Built
- Built in 2018
Lot Details
- 2,753 Sq Ft Lot
- No Common Walls
- Lawn
Home Design
- Duplex
Interior Spaces
- 2,392 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- 4 Bathrooms
Parking
- Parking Available
- Tandem Uncovered Parking
- Driveway
- Gated Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 6 / 25
- Tax Tract Number 6757
- Assessor Parcel Number 6018032034
- $303 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $726
- Professional Management Expense $2,520
- Operating Expense $3,246
- Gross Income $68,760
- Net Operating Income $65,514
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 24, 2024
Closed on
Jul 22, 2024
Sold by
Federated Property Holdings Llc
Bought by
Ozem Enterprise Llc
Seller's Agent
May Tseng
Pinnacle Real Estate Group
Buyer's Agent
Dustin Lee
Redpoint Realty
List Price
$980,000
Sold Price
$915,000
Premium/Discount to List
-$65,000
-6.63%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,271
Avg. Annual Appreciation
1.31%
Purchase Details
Closed on
Jul 20, 2018
Sold by
Yao Linda Chaoju
Bought by
Federated Property Holdings Llc
Purchase Details
Closed on
Apr 12, 2018
Sold by
Castellon Maria Luisa
Bought by
Yao Linda Chaoju
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,000
Interest Rate
3.95%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ozem Enterprise Llc | $915,000 | Wfg National Title | |
| Federated Property Holdings Llc | -- | Lawyers Title | |
| Yao Linda Chaoju | $590,000 | Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Yao Linda Chaoju | $413,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2024 07/29/24 | Sold | $915,000 | -1.5% | $383 / Sq Ft |
| 06/24/2024 06/24/24 | Pending | -- | -- | -- |
| 06/18/2024 06/18/24 | Price Changed | $929,000 | -5.2% | $388 / Sq Ft |
| 05/24/2024 05/24/24 | For Sale | $980,000 | -- | $410 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,935 | $915,000 | $640,000 | $275,000 |
| 2024 | $9,935 | $803,171 | $557,758 | $245,413 |
| 2023 | $9,747 | $787,423 | $546,822 | $240,601 |
| 2022 | $9,299 | $771,984 | $536,100 | $235,884 |
| 2021 | $9,175 | $756,848 | $525,589 | $231,259 |
| 2019 | $8,680 | $734,400 | $510,000 | $224,400 |
| 2018 | $1,660 | $135,252 | $104,040 | $31,212 |
Source: Public Records
Agents Affiliated with this Home
-
May Tseng
-
JOHNNY TSENG
J
Seller Co-Listing Agent in 2024
JOHNNY TSENG
Pinnacle Real Estate Group
(626) 872-2207
1 in this area
83 Total Sales
-
Dustin Lee
Buyer's Agent in 2024
Dustin Lee
Redpoint Realty
(323) 313-3699
1 in this area
45 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS24105633
APN: 6018-032-034
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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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