NOT LISTED FOR SALE

7922 Hooper Ave Los Angeles, CA 90001

Estimated Value: $718,000 - $807,000

4 Beds
2 Baths
1,550 Sq Ft
$490/Sq Ft Est. Value

Last Sold July 02, 2020

Last sale price $540,000 $348 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,773/month

8 Days on Market

Highlights

  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Park
  • Tile Flooring

About This Home

As of July 2020

RARE OPPORTUNITY TO PURCHASE THIS CHARMING DUPLEX IN THE COUNTY OF LA WITH GREAT POTENTIAL UPSIDE!! INVESTMENT PROPERTY FEATURES FIRST UNIT: COMPLETELY REMODELED, NEW KITCHEN, NEW BATH, NEW LAMINATE FLOORS, NEW WINDOWS,NEW EXTERIOR STUCCO, NEW INTERIOR PAINT. LIVE IN ONE AND RENT THE OTHER** SET YOUR OWN RENT! This affordable income property is located close to all amenities of life. Close to parks, schools, shopping centers, restaurants, churches, and freeways. Property features 2 attached units, 2 bed 1 bath each, with their own garage. Don't miss out on this great opportunity!

Last Agent to Sell the Property

Gus Guzman

Century 21 Realty Masters License #01492463 Listed on: 05/06/2020

Century 21 Realty Masters

Last Buyer's Agent

Heather Schaible

West Associates License #01848864

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,996

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 6,620 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Redwood Fence
  • Private Yard
  • Front Yard

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Duplex
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • ENERGY STAR Qualified Windows
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 4
  • Tax Tract Number 13445
  • Assessor Parcel Number 6028003004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $625
  • Trash Expense $30
  • New Taxes Expense $6,914
  • Operating Expense $3,000
  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,996

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LCR3YY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6028003004
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 348.39
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Redwood
  • Pool Private: No
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 30.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 6620.00
  • Lot Size Acres: 0.1520

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 31800.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 625.00
  • Lot Size Area: 6620.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Actual Rent: 1200.00
  • Total Expenses: 3000.00

Tax Info

  • New Taxes Expense: 6914.00
  • Tax Census Tract: 5351.01
  • Tax Lot: 4
  • Tax Tract Number: 13445

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
May 15, 2020
Sold by
Guzman Janet
Bought by
Bernardino Juan Angel
Seller's Agent
Gus Guzman
Century 21 Realty Masters
Buyer's Agent
Heather Schaible
West Associates
List Price
$519,999
Sold Price
$540,000
Premium/Discount to List
$20,001
3.85%
Current Estimated Value
$759,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,700
Avg. Annual Appreciation
6.80%
Original Mortgage
$540,000
Interest Rate
3.2%
Mortgage Type
VA

Purchase Details

Closed on
May 3, 2019
Sold by
Smith Betty and The Estate Of Urn Bertha Jacks
Bought by
Guzman Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
6.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 14, 2007
Sold by
Sims Darryl Stevin and Estate Of Herbert Amottus Sims
Bought by
Jackson Lue B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.26%
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
Bernardino Juan Angel $540,000 Lawyers Title
Guzman Janet $425,000 Equity Title Company
Jackson Lue B $430,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernardino Juan Angel $539,100
Closed Bernardino Juan Angel $539,100
Previous Owner Bernardino Juan Angel $540,000
Previous Owner Guzman Janet $318,750
Previous Owner Jackson Lue B $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $540,000 0.0% $348 / Sq Ft
06/15/2020 06/15/20 Price Changed $540,000 +3.8% $348 / Sq Ft
05/14/2020 05/14/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $519,999 -- $335 / 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 $7,996 $584,512 $281,432 $303,080
2024 $7,996 $573,052 $275,914 $297,138
2023 $7,693 $561,816 $270,504 $291,312
2022 $7,341 $550,800 $265,200 $285,600
2021 $7,258 $540,000 $260,000 $280,000
2020 $7,913 $578,340 $255,000 $323,340
2019 $6,914 $506,315 $329,694 $176,621
2018 $6,799 $496,388 $323,230 $173,158
2016 $6,517 $477,115 $310,680 $166,435
2015 $6,418 $469,949 $306,014 $163,935
2014 $6,420 $460,744 $300,020 $160,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20084541

California Regional Multiple Listing Service (CRMLS)

APN: 6028-003-004