$387,500
SOLD OCT 17, 2023
2 Beds
3 Baths
1,664 Sq Ft
4,002 Sq Ft Lot

Recently Sold

$233 Per Sq Ft

3% Below List Price

28 Days on Market

About This Home

As of October 2023

REO Sale of a 100% vacant mixed-use property. Front commercial building consists of two retail stores totaling 960 SF. Rear single family home of 704 SF consists of 2 bedrooms and 2 bathrooms. Property being sold AS IS. Ideal for an owner-user to occupy the retail stores and either lease or occupy the house. Located 2 blocks from Fremont High School and close to 110 Freeway, providing close access to Downtown Los Angeles.

Last Agent to Sell the Property

Darin Spillman

Kidder Mathews of California, Inc. License #01366902 Listed on: 06/12/2023

Last Buyer's Agent

Darin Spillman

Kidder Mathews of California, Inc. License #01366902 Listed on: 06/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,746

Year Built

  • Built in 1934

Lot Details

  • 4,002 Sq Ft Lot
  • Lot Dimensions are 40x100

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Parking

  • 1 Parking Space
  • Uncovered Parking

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 6029-008-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,746

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1664
  • Lot Acreage: 0.0919
  • Lot Dimensions: 40x100
  • Probate: No
  • Stories: 1
  • Year Built: 1934
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 240.38

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 1

Lot Info

  • Assessed Improvement Percent: 49.92
  • Assessed Improvement Value: 167229
  • Assessed Land Percent: 50.08
  • Assessed Land Value: 167754
  • Total Assessed Value: 334983
  • Assessor Parcel Number: 6029-008-006
  • Lot Size Area: 4002

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 9.25
  • Number Of Units: 2
  • Total Annual Expense: 10800
  • Type Of Units: Mixed-Use
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Sbs Trust Deed Network
Bought by
Block Tom
Current Estimated Value
$485,462

Purchase Details

Closed on
Jan 16, 2019
Sold by
Ibarra Ramon A and Ibarra Erik
Bought by
Ibarra Ramon A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 16, 2016
Sold by
Ibarra Lamon A
Bought by
Ibarra Ramon A and Ibarra Erik

Purchase Details

Closed on
Nov 30, 2015
Sold by
Naccarati Commnications Inc
Bought by
Ibarra Ramon Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 16, 2012
Closed on
Jan 7, 2013
Sold by
Hsbc Bank Usa Na
Bought by
Naccarati Communications Inc
Seller's Agent
Joe Kimaz
The Madison Real Estate Group Inc.
Buyer's Agent
Carlos Marcia
List Price
$115,000
Sold Price
$155,299
Premium/Discount to List
$40,299
35.04%

Purchase Details

Closed on
Jun 24, 2009
Sold by
Luna Jacinto Martinez
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Apr 30, 2002
Sold by
Lopez Reina Isabel
Bought by
Luna Jacinto Martinez

Purchase Details

Closed on
Mar 8, 2000
Sold by
Martinez Gilberto
Bought by
Martinez Jacinto and Martinez Jacinto Luna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 2000
Sold by
Luna Jacinto M and Martinez Jacinto Luna
Bought by
Lopez Reina Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,692
Interest Rate
8.27%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 15, 1999
Sold by
Martinez Jacinto Luna
Bought by
Martinez Gilberto
Source: Public Records

Similar Homes in Los Angeles, CA

  • 342 W 76th St, Los Angeles, CA 90003

    $460,000

    • 2 Beds
    • 2 Baths
    • 1,428 Sq Ft
    • 342 W 76th St
    • Los Angeles, CA

    Two Homes on a Lot! Lovely Looking, Well Groomed Front Home & Rear Home in the heart of Los Angeles. There may be Ample space to add an Additional Unit maybe Two or Multiple ADUs. Property appears to be zoned LAR2-1 AND located within a Transit Priority Area AND within a half mile of Mass Transit. And it appears to be located in a TOC Tier 2 area. These features may offer possibility of

    Michelle Lowe MICHELLE LOWE REAL ESTATE

    Section Image
  • 134 W 60th St, Los Angeles, CA 90003

    $495,000

    • 4 Beds
    • 3 Baths
    • 1,629 Sq Ft
    • 134 W 60th St
    • Los Angeles, CA

    ?? Income-Generating Triplex in Prime Los Angeles Location! ??Welcome to 134 W 60th Street, Los Angeles, CA 90003—a fantastic investment opportunity in the heart of Los Angeles! This well-maintained triplex offers incredible income potential, whether you're an investor looking for steady cash flow or a homeowner seeking to live in one unit while renting out the others.Property

    Ariel Darrison SGD Enterprises

    Section Image
  • 9715 S Hoover St, Los Angeles, CA 90044

    $333,900

    • 4 Beds
    • 3 Baths
    • 1,626 Sq Ft
    • 9715 S Hoover St
    • Los Angeles, CA

    Investment opportunity. Property shows as a duplex. Buyers check with City, County, Zoning, Tax, and other records to their satisfaction Buyers to do exterior inspect prior to bidding. **NO ACCESS** Property is boarded up. AS-IS SALE property. Violations on the property buyer responsibility and required to sign Hold Harmless Agreement

    Neven Sparalja REALHOME SERVICES & SOLUTIONS

    Section Image
  • 5746 Holmes Ave, Los Angeles, CA 90058

    $500,000

    • 4 Beds
    • 4 Baths
    • 1 Sq Ft
    • 5746 Holmes Ave
    • Los Angeles, CA

    THIS PROPERTY CONSISTS OF 2 DUPLEX 5746 / 5748 2 BEDROOM 2 BATH EACH. FOR SALE IN LOS ANGELES WITH SECTION 8 TENANTS......HAS AMPLE PARKING SPACE. PLEASE DONT DISTURB TENANTS. DRIVE BY ONLY. IT IS SOLD "AS IS CONDITION" SELLER WILL DO NO REPAIRS.....PROPERTY WILL BE DELIVERED WITH TENANTS. THIS IS THE BEST PRICE FOR A DUPLEX. SELLER HAS THE FLEXIBILITY TO NEGOTIATE ON THE BEST AND HIGHEST

    Akuoko Hansen NTMR Holdings Inc.

    Section Image
  • 10351 Lou Dillon Ave, Los Angeles, CA 90002

    $420,000

    • 2 Beds
    • 2 Baths
    • 1,149 Sq Ft
    • 10351 Lou Dillon Ave
    • Los Angeles, CA

    Location...Location...Location...Great investment Opportunity .....RARE OPPORTUNITY.... In a hot pocket in the desirable area of Los Angeles. Don't miss your opportunity . This one will check off all your boxes, location, amenities, and condition.

    Werner Rosales Berkshire Hathaway H.S.C.P.

    Section Image
  • 1156 S Alma Ave, Los Angeles, CA 90023

    $399,000

    • 2 Beds
    • 3 Baths
    • 1,224 Sq Ft
    • 1156 S Alma Ave
    • Los Angeles, CA

    Welcome to 1156 S Alma, a legally zoned duplex with bonus income from a rented garage space. This centrally located South LA property is perfect for investors seeking stable cash flow from day one. The front unit is currently rented at $1,075/month, the rear unit at $650/month, and the detached garage brings in an additional $450/month - totaling $2,175 in monthly income. Each unit has its own

    Brian Parsons Keller Williams Realty

    Section Image
  • 400 S Broadway Unit 904, Los Angeles, CA 90013

    $419,000

    • 1 Bed
    • 1 Bath
    • 524 Sq Ft
    • 400 S Broadway
    • Unit 904
    • Los Angeles, CA

    ** 3% Down 30 year fixed financing with lender paid mortgage insurance!!! ** Sunny Jr 1 bedroom condo with one basement parking along with EV charger and city view.

    Jim Campbell Jim Campbell

    Section Image
  • 1048 S Record Ave, Los Angeles, CA 90023

    $495,000

    • 2 Beds
    • 2 Baths
    • 1,008 Sq Ft
    • 1048 S Record Ave
    • Los Angeles, CA

    Welcome to 1048 S Record, Los Angeles. A charming duplex in the heart of East LA offering double the opportunity! This fully vacant property features two separate 1-bedroom, 1-bathroom units, ideal for investors looking to generate rental income or buyers seeking a multi-generational living solution. Each unit offers a comfortable living space with natural light and functional layouts.Whether

    DAISY DE LA PARRA HAUS OF REAL ESTATE

    Section Image
  • 485 N Concord St, Los Angeles, CA 90063

    $495,000

    • 3 Beds
    • 3 Baths
    • 1,757 Sq Ft
    • 485 N Concord St
    • Los Angeles, CA

    Trust Sale. Three units: a separate house, a one bedroom and a studio without a kitchen. Drive By Only. Write Subject to Interior Inspection. Assessor's shows as a Duplex. The Home and one of the units currently have occupants that the new buyer will have to either evict, relocate or negotiate with after the close of escrow. Interior access is not guaranteed prior to the close of escrow for all

    Oren Kozikaro Trust Properties USA,Inc

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Trustee Deed $362,400 Accommodation/Courtesy Recordi
Interfamily Deed Transfer -- Westminster Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $300,000 Usa National Title Co
Grant Deed $155,500 Premium Title Of Ca Inc
Trustee Deed $268,770 None Available
Interfamily Deed Transfer -- --
Gift Deed -- Chicago Title
Grant Deed $160,000 --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $598,900 New Conventional
Previous Owner $280,000 Unknown
Previous Owner $81,200 Purchase Money Mortgage
Previous Owner $145,000 Commercial
Previous Owner $165,000 Commercial
Previous Owner $305,500 Commercial
Previous Owner $10,000 Commercial
Previous Owner $250,131 Commercial
Previous Owner $158,692 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2023 10/17/23 Sold $387,500 -3.1% $233 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/12/2023 06/12/23 For Sale $400,000 +157.6% $240 / Sq Ft
01/22/2013 01/22/13 Sold $155,299 +35.0% $93 / Sq Ft
11/30/2012 11/30/12 Pending -- -- --
11/16/2012 11/16/12 For Sale $115,000 -- $69 / Sq Ft
Source: The MLS

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
2024 $8,746 $700,000 $500,000 $200,000
2023 $8,744 $700,000 $500,000 $200,000
2022 $4,246 $334,983 $167,754 $167,229
2021 $4,189 $328,415 $164,465 $163,950
2020 $4,227 $325,048 $162,779 $162,269
2019 $4,064 $318,362 $159,181 $159,181
2018 $4,022 $312,120 $156,060 $156,060
2016 $3,836 $300,000 $150,000 $150,000
2015 $2,154 $158,813 $81,968 $76,845
2014 $2,165 $155,703 $80,363 $75,340
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-280329

The MLS

APN: 6029-008-006