NOT LISTED FOR SALE

Estimated Value: $689,000 - $794,000

5 Beds
2 Baths
1,688 Sq Ft
$436/Sq Ft Est. Value

Last Sold August 31, 2013

Last sale price $225,500 $134 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $4,412/month

162 Days on Market

About This Home

As of August 2013

Net Income, Net Income!! Look No More...TWO SEPARATE HOUSES on one lot in a great rent-producing area of Los Angeles. Front house has a 4 bed 2 bath (1bed 1 bath has NO permits) with ceramic tile throughout; and back house is a 2 bed 1 bath with a private patio. Bring your savvy investors and first-time-home-buyers that are aware of a great deal when they see it!! $3,000 in GRI. Large Area for parking! Property has GREAT potential. Close to all major freeways, shopping centers, and local schools.

Last Agent to Sell the Property

Okeisha Austin

Investors Capital Inc. License #01383099 Listed on: 11/28/2012

Last Buyer's Agent

Okeisha Austin

Investors Capital Inc. License #01383099 Listed on: 11/28/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,750

Year Built

  • Built in 1965

Lot Details

  • 5,351

Parking

  • 4 Parking Spaces

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,688 Sq Ft Home
  • Tile Flooring

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Dishwasher

Additional Features

  • 5,351 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 4507
  • Assessor Parcel Number 6027024002

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,750

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 6027024002
  • Year Built: 1965
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 133.59

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Dishwasher, Gas Cooking, Range, Cooktop
  • Heating Type: Electric

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5351.00
  • Lot Size Acres: 0.1230

Multi Family

  • Gross Income: 3000.00
  • Gross Multiplier: 8.61
  • Gross Scheduled Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 1198
  • Tax Lot: 13
  • Tax Tract Number: 4507

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Ortiz Vilma Ruth
Bought by
8108-8110 Walnut Drive Revocable Trust and Yepez
Current Estimated Value
$735,434

Purchase Details

Closed on
Jan 27, 2023
Sold by
8108-8110 Walnut Drive Revocable Trust
Bought by
8108-8110 Walnut Drive Revocable Trust and Yepez

Purchase Details

Closed on
Dec 22, 2017
Sold by
Socal
Bought by
Yepe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.94%

Purchase Details

Closed on
Aug 2, 2017
Sold by
Yepez Christian and Suarez Jesus
Bought by
Yepez Christian and 8108 8110 Walnut Drive Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 2017
Sold by
Socal Holding Group Llc
Bought by
Yepez Christian S and Suarez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2014
Sold by
Mosh It Up Clothing Llc
Bought by
Socal Holding Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 28, 2012
Closed on
Aug 7, 2013
Sold by
Orellana Jose and Orellana Violeta
Bought by
Mosh It Up Clothing Llc
Seller's Agent
Okeisha Austin
Investors Capital Inc.
Buyer's Agent
Okeisha Austin
Investors Capital Inc.
List Price
$310,000
Sold Price
$225,500
Premium/Discount to List
-$84,500
-27.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$190,800
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2007
Sold by
Ruiz Ricardo
Bought by
Orellana Jose and Orellana Violeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$452,000
Interest Rate
1.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 2004
Sold by
Farkas Inge and Inge Farkas 1987 Trust
Bought by
Farkas Inge and Luppino Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 1994
Sold by
Ruiz Ruben and Ruiz Maria Luisa
Bought by
Ruiz Ricardo
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
8108-8110 Walnut Drive Revocable Trust -- None Listed On Document
8108-8110 Walnut Drive Revocable Trust -- None Listed On Document
Yepe -- --
Yepez Christian -- None Available
Yepez Christian S -- Chicago Title
Socal Holding Group Llc -- Nations Title Company
Mosh It Up Clothing Llc $207,500 Wfg
Orellana Jose $565,000 Security Union Title
Farkas Inge -- Security Union Title
Ruiz Ricardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yepe --
Previous Owner Yepez Christian S $260,000
Previous Owner Socal Holding Group Llc $250,000
Previous Owner Mosh It Up Clothing Llc $190,800
Previous Owner Orellana Jose $452,000
Previous Owner Farkas Inge $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2013 08/31/13 Sold $225,500 -27.3% $134 / Sq Ft
05/09/2013 05/09/13 Pending -- -- --
11/28/2012 11/28/12 For Sale $310,000 -- $184 / 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 $6,750 $414,630 $272,576 $142,054
2024 $6,750 $458,408 $315,782 $142,626
2023 $5,868 $398,532 $261,993 $136,539
2022 $5,612 $390,718 $256,856 $133,862
2021 $5,547 $383,058 $251,820 $131,238
2020 $5,584 $379,131 $249,238 $129,893
2019 $5,387 $371,698 $244,351 $127,347
2018 $5,254 $364,410 $239,560 $124,850
2016 $5,032 $350,260 $230,258 $120,002
2015 $4,959 $345,000 $226,800 $118,200
2014 $3,619 $225,500 $160,000 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P842086

California Regional Multiple Listing Service (CRMLS)

APN: 6027-024-002