NOT LISTED FOR SALE

Estimated Value: $994,000 - $1,523,000

2 Beds
2 Baths
1,296 Sq Ft
$942/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $900,000 $694 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $7,457/month

26 Days on Market

Highlights

  • Spanish Architecture
  • Laundry Room
  • Block Wall Fence
  • Corner Lot
  • 1 Car Garage
  • Wall Furnace

About This Home

As of December 2019

Be the Envy! This 1920’s bungalow DUPLEX is the perfect investment property! This Spanish charmer is REMODELED with fine finishes giving any owner/tenant access to the best of what Silver Lake and Echo Park has to offer. Whether it’s a craft whiskey, a hot yoga class or a romantic date in Silver Lake - You won’t have to go far. Perfect investment opportunity for someone just starting to build their investment portfolio or even better... live in one and rent out the other. Property boasts tons of natural light and genuine character throughout and a detached garage with long driveway for off street parking. Don’t let this one get away!!!

Last Agent to Sell the Property

Hector Oceugueda

Excellence RE Real Estate License #01404291 Listed on: 10/29/2019

Excellence RE Real Estate

Last Buyer's Agent

Austen Lee

Backbeat Homes License #02075654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,824

Year Built

  • Built in 1923

Lot Details

  • 3,561 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • Corner Lot
  • Density is 2-5 Units/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,296 Sq Ft Home
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 5402011014

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,824

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Architectural Style: Spanish
  • Property Type: Residential Income
  • Parcel Number: 5402011014
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Price Per Square Foot: 694.44

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Corner Lot
  • Lot Size Sq Ft: 3561.00
  • Lot Size Acres: 0.0817

Multi Family

  • Lot Size Area: 3561.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2021
Sold by
Nguyen Sunny Minh and Parzynski Michael Francis
Bought by
Parzynski Michael and Nguyen Sunny
Current Estimated Value
$1,220,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$749,250
Outstanding Balance
$679,237
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$541,460

Purchase Details

Listed on
Oct 29, 2019
Closed on
Dec 26, 2019
Sold by
Brougham Reo Owner Lp
Bought by
Nguyen Sunny Minh and Parzynski Michael Francis
Seller's Agent
Hector Oceugueda
Excellence RE Real Estate
Buyer's Agent
Austen Lee
Backbeat Homes
List Price
$929,900
Sold Price
$900,000
Premium/Discount to List
-$29,900
-3.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$765,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2018
Sold by
Wilmington Savings Fund Society Fsb
Bought by
Brougham Reo Owner Lp

Purchase Details

Closed on
Apr 17, 2018
Sold by
Sanchez Blanca E
Bought by
Wilmington Savings Fund Society Fsb and Primestar H Fund Ii Trust

Purchase Details

Closed on
May 20, 2017
Sold by
Sanchez Blanca E
Bought by
Sanchez Blanca E and Herrera Juan

Purchase Details

Closed on
Jul 21, 2006
Sold by
Sanchez Jose Edgardo and Sanchez Sandra
Bought by
Nunez Nephy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.84%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 27, 2006
Sold by
Cullins Andre G
Bought by
Sanchez Blanca E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 3, 2006
Sold by
Alvarez Idelfonso and Alvarez Jenny
Bought by
Cullins Andre G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 30, 2002
Sold by
Alvarez Idelfonso and Alvarez Jenny
Bought by
Alvarez Idelfonso and Alvarez Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Parzynski Michael -- Fidelity National Title
Nguyen Sunny Minh $900,000 Provident Title Company
Brougham Reo Owner Lp $543,000 None Available
Wilmington Savings Fund Society Fsb $650,000 None Available
Sanchez Blanca E -- None Available
Nunez Nephy $580,000 North American Title Co
Sanchez Blanca E $540,000 Southland Title Corporation
Cullins Andre G -- Southland Title
Alvarez Idelfonso -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parzynski Michael $749,250
Previous Owner Nguyen Sunny Minh $765,000
Previous Owner Nunez Nephy $464,000
Previous Owner Sanchez Blanca E $432,000
Previous Owner Cullins Andre G $399,200
Previous Owner Alvarez Idelfonso $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2019 12/31/19 Sold $900,000 -1.1% $694 / Sq Ft
11/18/2019 11/18/19 Price Changed $909,900 -2.2% $702 / Sq Ft
10/29/2019 10/29/19 For Sale $929,900 -- $718 / 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 $11,824 $984,276 $710,868 $273,408
2024 $11,824 $964,978 $696,930 $268,048
2023 $11,594 $946,058 $683,265 $262,793
2022 $11,052 $927,509 $669,868 $257,641
2021 $10,918 $909,324 $656,734 $252,590
2020 $11,030 $900,000 $650,000 $250,000
2019 $8,398 $695,640 $491,640 $204,000
2018 $7,948 $648,375 $484,985 $163,390
2016 $7,599 $623,372 $467,531 $155,841
2015 $7,489 $614,010 $460,509 $153,501
2014 $7,520 $601,984 $451,489 $150,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB19219068

California Regional Multiple Listing Service (CRMLS)

APN: 5402-011-014