NOT LISTED FOR SALE

814 N Eastern Ave East Los Angeles, CA 90022

Estimated Value: $783,000 - $916,000

3 Beds
3 Baths
1,318 Sq Ft
$660/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $460,000 $349 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $5,512/month

43 Days on Market

Highlights

  • Craftsman Architecture
  • Fireplace in Kitchen
  • No HOA
  • James A. Garfield Senior High School Rated A
  • Private Yard
  • Neighborhood Views

About This Home

As of September 2017

Absolute one of a kind opportunity. First time this property has been offered For Sale in over 48 years. Located in a prime access area within minutes to Cal State LA, USC Keck Hospital, Staples Center, LA Live, Dodger Stadium, Historic San Antonio Winery, The Shops @ Montebello, Ahmanson Theatre and Walt Disney Concert Hall. This duplex (Front Unit) features 2 bedrooms, plus office room, livingroom, kitchen and 2 Bathrooms in and (Back Unit )features 1 bedroom, 1 bathroom, living/dining area combo, kitchen, tankless water heater, and indoor laundry. Upgrades include newer laminate flooring, newer kitchens with oven range tops, newly installed dual pane windows, Gated secure parking accomodates 4 vehicles with common driveway. One water meter for both units and separate gas and electric meters for each unit. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Dan Ekizian

FREEDOM REALTY GROUP License #00894018 Listed on: 07/06/2017

Last Buyer's Agent

Dan Ekizian

FREEDOM REALTY GROUP License #00894018 Listed on: 07/06/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,681

Year Built

  • Built in 1924

Lot Details

  • 3,978 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Chain Link Fence
  • Private Yard
  • Zero Lot Line

Home Design

  • Duplex
  • Craftsman Architecture
  • Turnkey
  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,318 Sq Ft Home
  • Double Pane Windows
  • Living Room with Fireplace
  • Bonus Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Shared Driveway

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 5582
  • Assessor Parcel Number 5225026009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $447
  • Insurance Expense $1,100
  • Water Sewer Expense $636
  • New Taxes Expense $1,260
  • Operating Expense $3,853
  • Gross Income $21,600
  • Net Operating Income $17,747

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,681

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9096186700
  • Other Phone Number: 9096186700
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 636.00
  • Zoning: LCR2*
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5225026009
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Fireplace Features: Bonus Room, Kitchen, Living Room
  • Levels: Two
  • Price Per Square Foot: 349.01
  • Room Type: Bonus Room, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Parking: Yes
  • Parking Features: Uncovered, Driveway, Shared Driveway, Asphalt
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Electric Dryer Hookup, Individual Room, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard, Zero Lot Line
  • Lot Size Sq Ft: 3978.00

Multi Family

  • Electric Expense: 447.00
  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1100.00
  • Net Operating Income: 17747.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 3
  • Number With Range: 2
  • Operating Expense: 3853.00
  • Rent Control: No
  • Total Expenses: 3853.00

Tax Info

  • New Taxes Expense: 1260.00
  • Tax Census Tract: 5310.00
  • Tax Lot: 9
  • Tax Tract Number: 5582

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2018
Sold by
814 North Eastern Llc
Bought by
Ortega Jackson Santiago and Ortega Jackson Mary
Current Estimated Value
$870,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2017
Sold by
Marquez Juan A
Bought by
814 North Eastern Llc

Purchase Details

Listed on
Jul 6, 2017
Closed on
Aug 30, 2017
Sold by
Marquez Adriana
Bought by
Marquez Juan A
Seller's Agent
Dan Ekizian
FREEDOM REALTY GROUP
Buyer's Agent
Dan Ekizian
FREEDOM REALTY GROUP
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$368,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2017
Closed on
Aug 29, 2017
Sold by
Cobos Robert and Cobos Malinda J
Bought by
Marquez Juan A
Seller's Agent
Dan Ekizian
FREEDOM REALTY GROUP
Buyer's Agent
Dan Ekizian
FREEDOM REALTY GROUP
List Price
$475,000
Sold Price
$460,000
Premium/Discount to List
-$15,000
-3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ortega Jackson Santiago $633,000 Stewart Title
814 North Eastern Llc -- None Available
Marquez Juan A -- Corinthian Title
Marquez Juan A $460,000 Corinthian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Santiago $404,000
Closed Jackson Santiago $408,000
Closed Ortega Jackson Santiago $403,000
Previous Owner Marquez Juan A $368,000
Previous Owner Cobos Robert $405,000
Previous Owner Cobos Robert $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $460,000 -3.2% $349 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $475,000 +3.3% $360 / Sq Ft
08/14/2017 08/14/17 Off Market $460,000 -- --
08/03/2017 08/03/17 Price Changed $475,000 -4.0% $360 / Sq Ft
07/06/2017 07/06/17 For Sale $495,000 -- $376 / 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 $9,681 $720,241 $500,643 $219,598
2024 $9,681 $706,120 $490,827 $215,293
2023 $9,348 $692,275 $481,203 $211,072
2022 $8,912 $678,702 $471,768 $206,934
2021 $8,812 $665,395 $462,518 $202,877
2020 $8,880 $658,573 $457,776 $200,797
2019 $8,544 $645,660 $448,800 $196,860
2018 $6,384 $460,000 $184,000 $276,000
2016 $1,253 $28,107 $11,982 $16,125
2015 $1,241 $27,686 $11,803 $15,883
2014 $1,249 $27,144 $11,572 $15,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17153641

California Regional Multiple Listing Service (CRMLS)

APN: 5225-026-009