NOT LISTED FOR SALE

824 N Hicks Ave Los Angeles, CA 90063

Estimated Value: $1,127,000 - $1,352,601

8 Beds
6 Baths
3,832 Sq Ft
$315/Sq Ft Est. Value

Last Sold September 05, 2019

Last sale price $945,000 $247 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,000/month

10 Days on Market

Highlights

  • Open Floorplan
  • Laundry Room
  • 1-Story Property
  • James A. Garfield Senior High School Rated A
  • Ceramic Tile Flooring

About This Home

As of September 2019

Great opportunity for an income property, built in 2016. I has 2 stories, 4 Bedrooms / 3 bath each unit. Open floor plan with large living room and dinning room.Master bedroom. Ceramic tile flooring throughout and carpet in bedrooms. Laundry room and 3 car detached garage. Tenant sect. 8 and not rent control area. Seller lives in the back property which will be delivered vacant at end of escrow.

Last Agent to Sell the Property

Vania Rincon

Keller Williams Larchmont License #01489265 Listed on: 06/29/2019

Keller Williams Larchmont

Last Buyer's Agent

Powai Wong

License #01892854

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,515

Year Built

  • Built in 2016

Lot Details

  • 6,705

Home Design

  • Duplex

Interior Spaces

  • 3,832 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceramic Tile Flooring
  • Fire Sprinkler System
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 3 Parking Spaces

Additional Features

  • 6,705 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • Association fees include water
  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 5231-013-005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,515

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 3832
  • Stories: 1
  • Year Built: 2016
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Open Floor Plan
  • Flooring: Ceramic Tile
  • Bedrooms: 8
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 6.00
  • Den: 0
  • Price Per S Q F T: 247.91

Exterior Features

  • Tennis Court Y/N: No
  • Number Patio: 1
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Heating: Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Security: Fire Sprinklers
  • Water: Public
  • Water Heaters: Yes

Condo/Co-op/Association

  • Association Fees Include: Water

Lot Info

  • Assessed Improvement Value: 395760
  • Assessed Land Value: 483480
  • Assessor Parcel Number: 5231-013-005
  • Geocode Override: No
  • Lot Size Area: 6705

Rental Info

  • Land Lease Type: Fee
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.63
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 3120
  • Type Of Units: Duplex
  • Vacancy Allow Percent: 2.00
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2020
Sold by
Fu George K and Fu Pei G
Bought by
Fu George K and Fu Pei G
Current Estimated Value
$1,255,574

Purchase Details

Closed on
Jun 28, 2019
Sold by
Danis Octavio and Danis Adriana Rincon De
Bought by
Fu George K and Fu Pei G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 13, 2016
Closed on
Jan 22, 2016
Sold by
Lajoma Corporation Inc
Bought by
Danis Octavio and Danis Adriana Rincon
Seller's Agent
Joe Vivanco
Keller Williams SELA
Buyer's Agent
Vania Rincon
Keller Williams Beverly Hills
List Price
$629,000
Sold Price
$659,000
Premium/Discount to List
$30,000
4.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$647,063
Interest Rate
3.79%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 8, 2014
Closed on
Oct 14, 2014
Sold by
Gallegos Anicia E
Bought by
Lajoma Corporation Inc
Seller's Agent
Carleton Carlson
Re/Max R. E. Specialists
Buyer's Agent
Pat Owen
Pat Owen Realty
List Price
$249,000
Sold Price
$236,000
Premium/Discount to List
-$13,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
110.46%
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
Fu George K -- None Available
Fu George K $945,000 Wfg Title Company
Danis Octavio $659,000 Wfg
Lajoma Corporation Inc $226,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fu George K $370,000
Previous Owner Danis Octavio $661,400
Previous Owner Danis Octavio $647,063
Previous Owner Lajoma Corporation $311,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2019 09/05/19 Sold $945,000 -0.5% $247 / Sq Ft
07/31/2019 07/31/19 For Sale $950,000 0.0% $248 / Sq Ft
07/09/2019 07/09/19 Pending -- -- --
06/29/2019 06/29/19 For Sale $950,000 +44.2% $248 / Sq Ft
03/11/2016 03/11/16 Sold $659,000 +4.8% $188 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $629,000 +166.5% $180 / Sq Ft
10/24/2014 10/24/14 Sold $236,000 0.0% $386 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/22/2014 08/22/14 Off Market $236,000 -- --
08/08/2014 08/08/14 For Sale $249,000 -- $407 / 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 $13,515 $1,033,490 $563,225 $470,265
2024 $13,515 $1,013,227 $552,182 $461,045
2023 $13,115 $993,360 $541,355 $452,005
2022 $12,492 $973,884 $530,741 $443,143
2021 $12,318 $954,789 $520,335 $434,454
2019 $11,800 $914,759 $503,011 $411,748
2018 $11,664 $896,824 $493,149 $403,675
2016 $3,327 $229,446 $183,557 $45,889
2015 $3,276 $226,000 $180,800 $45,200
2014 -- $86,163 $34,461 $51,702
Source: Public Records

Agents Affiliated with this Home

  • Vania Rincon

    Seller's Agent in 2019

    Vania Rincon

    Keller Williams Larchmont

    (323) 804-9854

    55 Total Sales

    Section Image

  • P

    Buyer's Agent in 2019

    Powai Wong

  • Joe Vivanco

    Seller's Agent in 2016

    Joe Vivanco

    Keller Williams SELA

    (562) 228-1893

    1 in this area

    33 Total Sales

    Section Image

  • C

    Seller's Agent in 2014

    Carleton Carlson

    RE/MAX

    Section Image
  • Pat Owen

    Buyer's Agent in 2014

    Pat Owen

    Pat Owen Realty

    (888) 728-6936

    45 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 19-484016

The MLS

APN: 5231-013-005

California Los Angeles County Los Angeles 90063

824 N Hicks Ave, Los Angeles, CA

This home is located at 824 N Hicks Ave, Los Angeles, CA 90063 since 29 June 2019 and is currently estimated at $1,205,400, approximately $314 per square foot. This property was built in 2016. 824 N Hicks Ave is a home located in Los Angeles County with nearby schools including Malabar Street Elementary School, Belvedere Middle School, and Engineering And Technology Academy At Esteban E. Torres High No. 3.

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