NOT LISTED FOR SALE

Estimated Value: $771,000 - $1,002,000

6 Beds
4 Baths
2,031 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $655,000 $323 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,208/month

94 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Paved or Partially Paved Lot

About This Home

As of November 2021

****GREAT OPPORTUNITY ****. CONVENIENTLY LOCATED MINUTES AWAY FROM USC, CLOSE TO PUBLIC TRANSPORTATION, SHOPPING CENTERS, SCHOOLS, DOWNTOWN LOS ANGELES, AND CLOSE TO THE 110 AND 10 FREEWAYS. FRONT UNIT FEATURES 3 BEDROOMS AND 2 BATHROOMS. BACK UNIT FEATURES 3 BEDROOMS AND 2 BATHROOMS, DETACHED 1 CAR GARAGE. THE UNITS NEED A LITTLE COSMETIC REPAIRS FROM THE OUTSIDE, REALLY CLEAN AND WELL MAINTAINED ON THE INSIDE. GREAT RENTAL PROPERTIES. BUYERS TO VERIFY INFO AND PERMITS.

Last Agent to Sell the Property

Matthew Serrano

Re/Max Top Producers License #01792677 Listed on: 06/07/2021

Re/Max Top Producers

Co-Listed By

Albert Marin

Re/Max Top Producers License #01150422

Last Buyer's Agent

Joanne Kim

Dream Realty & Investments Inc License #01505262

Dream Realty & Investments Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 6,251 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Lawn
  • Front Yard

Parking

  • 1 Car Garage

Home Design

  • 2,031 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 3 / B
  • Tax Tract Number 264
  • Assessor Parcel Number 5131025004

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $792
  • Insurance Expense $332
  • Trash Expense $343
  • Water Sewer Expense $200
  • Gross Income $40,212

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 200.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5131025004
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 322.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 343.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Paved
  • Lot Size Sq Ft: 6251.00
  • Lot Size Acres: 0.1435

Multi Family

  • Electric Expense: 792.00
  • Gross Income: 40212.00
  • Gross Scheduled Income: 40212.00
  • Insurance Expense: 332.00
  • Lot Size Area: 6251.0000 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 Block: B
  • Tax Census Tract: 2264.20
  • Tax Lot: 3
  • Tax Tract Number: 264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2018
Sold by
Mendez Emilio and Mendez Gloria
Bought by
Garcia Orlando and Garcia Bertha
Current Estimated Value
$858,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$259,995
Interest Rate
4.5%
Mortgage Type
Construction
Estimated Equity
$598,414

Purchase Details

Closed on
Nov 28, 2007
Sold by
Santamaria Arely
Bought by
Garcia Orlando and Garcia Bertha

Purchase Details

Closed on
Oct 9, 1998
Sold by
Salmeron Bonfilia
Bought by
Santamaria Arely

Purchase Details

Closed on
Jun 20, 1996
Sold by
Salmeron Bonfilia and Silva Carlos A
Bought by
Salmeron Bonfilia

Purchase Details

Closed on
May 17, 1994
Sold by
Lowry Lane
Bought by
Salmeron Bonfilia and Silva Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,032
Interest Rate
4.25%

Purchase Details

Closed on
Mar 2, 1994
Sold by
American Svgs Bank Fa
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%

Purchase Details

Closed on
Feb 23, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lowry Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7%

Purchase Details

Closed on
Nov 15, 1993
Sold by
Na Mtg Services Inc
Bought by
American Svgs Bank Fa and American Svgs Bank
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garcia Orlando $175,000 Ticor Title Company
Garcia Orlando $175,000 Ticor Title Company
Garcia Orlando $300,000 Stewart Title Company
Santamaria Arely -- --
Salmeron Bonfilia -- --
Salmeron Bonfilia $168,000 Stewart Title Company
Federal Home Loan Mortgage Corporation $40,000 Equity Title
Lowry Lane $40,000 Equity Title
American Svgs Bank Fa $136,666 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Orlando $300,000
Closed Garcia Orlando $300,000
Previous Owner Salmeron Bonfilia $151,032
Previous Owner Lowry Lane $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Sold $655,000 -2.2% $323 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $669,995 -- $330 / 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 $8,686 $695,091 $530,604 $164,487
2024 $8,585 $681,462 $520,200 $161,262
2023 $8,423 $668,100 $510,000 $158,100
2022 $8,038 $655,000 $500,000 $155,000
2021 $6,694 $536,597 $304,479 $232,118
2020 $6,758 $531,095 $301,357 $229,738
2019 $6,499 $520,683 $295,449 $225,234
2018 $6,311 $507,929 $288,597 $219,332
2016 $6,028 $488,208 $277,392 $210,816
2015 $5,942 $480,876 $273,226 $207,650
2014 $5,971 $471,457 $267,874 $203,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21122961

California Regional Multiple Listing Service (CRMLS)

APN: 5131-025-004