NOT LISTED FOR SALE

812 Spence St Los Angeles, CA 90023

Estimated Value: $607,000 - $660,534

2 Beds
2 Baths
1,088 Sq Ft
$581/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $580,000 $533 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,873/month

176 Days on Market

Highlights

  • Ground Level Unit
  • 2 Car Detached Garage
  • West Facing Home
  • Felicitas and Gonzalo Mendez High Rated A-
  • Gated Home
  • 1-Story Property

About This Home

As of April 2024

This side by side Duplex in Boyle Heights is centrally located and minutes from DTLA. Both units were renovated in 2015 with new kitchen cabinets, counter tops, flooring and electrical upgrades. New roof was installed in 2019. Separate meters for Gas, Electric and Water, both units have washer/dryer hooks up, each unit has it's own side yard for BBQ's. Detached two car garage (one garage space per unit) which may be upgraded to possible ADU. Both units are tenant occupied, please do not disturb tenants.

Last Agent to Sell the Property

Rafael Oseguera

Pacific Inter Capital Investment Soluti License #01269539 Listed on: 08/28/2023

Last Buyer's Agent

Rafael Oseguera

Pacific Inter Capital Investment Soluti License #01269539 Listed on: 08/28/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,469

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,472 Sq Ft Lot
  • West Facing Home
  • Gated Home

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 1,088 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Location

  • Ground Level Unit

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 5188-005-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,469

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 1088
  • Lot Acreage: 0.1027
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1920
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 2
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Refrigerator, Range/Oven
  • Price Per S Q F T: 565.26
  • Windows: Window Blinds

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Paved: Yes
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated, Window Bars
  • Sewer: In Street
  • Water: Meter on Property
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 27.03
  • Assessed Improvement Value: 109363
  • Assessed Land Percent: 72.97
  • Assessed Land Value: 295283
  • Total Assessed Value: 404646
  • Assessor Parcel Number: 5188-005-002
  • Lot Size Area: 4472

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Feb 27, 2024
Sold by
Tadeo Alejandra G
Bought by
Casillas Jose F and Casillas Maria Hayde
Seller's Agent
Rafael Oseguera
Pacific Inter Capital Investment Soluti
Buyer's Agent
Rafael Oseguera
Pacific Inter Capital Investment Soluti
List Price
$615,000
Sold Price
$580,000
Premium/Discount to List
-$35,000
-5.69%
Views
220
Current Estimated Value
$632,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,134
Avg. Annual Appreciation
6.48%
Original Mortgage
$435,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2015
Sold by
Grk Properties Llc
Bought by
Tadeo Alejandra G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,460
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2015
Sold by
Almenar Rene Raymond
Bought by
Grk Properties Llc

Purchase Details

Closed on
Dec 15, 2010
Sold by
The Spence St Trust
Bought by
Almenar Ii Rene Raymond

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,448
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2009
Sold by
Godoy Estela
Bought by
The Spence St Trust and Dcb United Llc

Purchase Details

Closed on
Jul 28, 2005
Sold by
Zavala Cayetano and Zavala Olivia
Bought by
Godoy Estela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac
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
Casillas Jose F $580,000 Lawyers Title
Tadeo Alejandra G $370,000 Fidelity National Title Co
Grk Properties Llc $231,799 None Available
Almenar Ii Rene Raymond $219,000 Fidelity Title Company
The Spence St Trust $93,750 None Available
Godoy Estela $330,000 United Independent Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Casillas Jose F $435,000
Previous Owner Tadeo Alejandra G $307,200
Previous Owner Tadeo Alejandra G $302,000
Previous Owner Tadeo Alejandra G $317,460
Previous Owner Almenar Ii Rene Raymond $213,448
Previous Owner Godoy Estela $390,000
Previous Owner Godoy Estela $78,000
Previous Owner Godoy Estela $404,000
Previous Owner Godoy Estela $53,000
Previous Owner Godoy Estela $301,000
Previous Owner Godoy Estela $264,000
Previous Owner Zavala Cayetano $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $580,000 -5.7% $533 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
08/28/2023 08/28/23 For Sale $615,000 +66.2% $565 / Sq Ft
09/11/2015 09/11/15 Sold $370,000 +7.2% $340 / Sq Ft
06/08/2015 06/08/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $345,000 -- $317 / 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
2025 $5,469 $591,600 $408,000 $183,600
2024 $5,469 $429,411 $313,355 $116,056
2023 $5,366 $420,992 $307,211 $113,781
2022 $5,122 $412,738 $301,188 $111,550
2021 $5,059 $404,646 $295,283 $109,363
2019 $4,911 $392,646 $286,526 $106,120
2018 $4,810 $384,948 $280,908 $104,040
2016 $4,596 $370,000 $270,000 $100,000
2015 $2,969 $233,453 $106,600 $126,853
2014 $2,991 $228,881 $104,512 $124,369
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-305363

The MLS

APN: 5188-005-002