NOT LISTED FOR SALE

7933 Morton Ave Unit 2 Los Angeles, CA 90001

Estimated Value: $711,000 - $837,000

4 Beds
2 Baths
1,314 Sq Ft
$578/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $660,000 $502 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,825/month

Highlights

  • All Bedrooms Downstairs
  • Chain Link Fence
  • Wall Furnace
  • Laundry Room
  • Level Lot

About This Home

As of October 2021

2 Charming units located in the heart of los angeles. These cozy beauties have had some recent renovations done including a brand new driveway, gorgeous marathon grass, light fixtures, bathroom vanity & accessories, new garage door. Washer and dryer hook ups etc. Come see these as soon as you can. Each units had 2 bedrooms and 1 bath.

Last Agent to Sell the Property

saul zavala

Century 21 Realty Masters License #01226266 Listed on: 08/11/2021

Century 21 Realty Masters

Last Buyer's Agent

Shawna Alcala

Manna Realty License #01947602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,440

Year Built

  • Built in 1923

Lot Details

  • 6,015 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Level Lot

Parking

  • 1 Car Garage

Interior Spaces

  • 1,314 Sq Ft Home
  • Laminate Flooring
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Location

  • Urban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 18 / 1
  • Tax Tract Number 5349
  • Assessor Parcel Number 6026001009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,800
  • Operating Expense $3,000
  • Gross Income $33,660
  • Net Operating Income $33,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,440

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 6026001009
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Price Per Square Foot: 502.28
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Range Hood
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Level
  • Lot Size Sq Ft: 6015.00
  • Lot Size Acres: 0.1381

Multi Family

  • Gross Income: 33660.00
  • Gross Operating Income: 39600.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 6015.0000 Square Feet
  • Net Operating Income: 33660.00
  • 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
  • Operating Expense: 5940.00
  • Operating Expense Percent: 15.00
  • Rent Control: No
  • Total Actual Rent: 1500.00
  • Total Expenses: 3000.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5349.00
  • Tax Lot: 18
  • Tax Tract Number: 5349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 17, 2021
Sold by
Verzfco Llc
Bought by
Flores Antonio
Seller's Agent
saul zavala
Century 21 Realty Masters
Buyer's Agent
Shawna Alcala
Manna Realty
List Price
$640,000
Sold Price
$660,000
Premium/Discount to List
$20,000
3.12%
Current Estimated Value
$737,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,533
Avg. Annual Appreciation
3.67%
Original Mortgage
$603,377
Outstanding Balance
$550,224
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$208,633

Purchase Details

Closed on
Jul 1, 2014
Sold by
Lars Rosa
Bought by
Verzfco Llc

Purchase Details

Closed on
Jun 18, 2014
Sold by
Lars Rosa and Moore Ronald
Bought by
Lars Rosa

Purchase Details

Closed on
Apr 29, 2010
Sold by
Harrison Dorothy
Bought by
Lars Rosa and Moore Ronald

Purchase Details

Closed on
Dec 9, 1996
Sold by
Lars Dorothy and Moore Ronald
Bought by
Harrison Dorothy
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
Flores Antonio $660,000 Old Republic Title Company
Verzfco Llc $229,000 Old Republic Title Company
Lars Rosa -- Old Republic Title Company
Lars Rosa -- None Available
Harrison Dorothy -- Benefit Land Title Co
Harrison Dorothy -- Benefit Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Antonio $18,471
Closed Flores Antonio $18,070
Open Flores Antonio $603,377
Previous Owner Harrison Dorothy $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $660,000 +3.1% $502 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $640,000 -- $487 / 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 $9,440 $700,397 $562,440 $137,957
2024 $9,440 $686,664 $551,412 $135,252
2023 $9,113 $673,200 $540,600 $132,600
2022 $8,690 $660,000 $530,000 $130,000
2021 $4,039 $254,260 $152,112 $102,148
2020 $4,062 $251,654 $150,553 $101,101
2019 $3,928 $246,720 $147,601 $99,119
2018 $3,797 $241,883 $144,707 $97,176
2016 $3,640 $232,492 $139,089 $93,403
2015 $3,589 $229,000 $137,000 $92,000
2014 -- $271,731 $146,317 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21169711

California Regional Multiple Listing Service (CRMLS)

APN: 6026-001-009