NOT LISTED FOR SALE

Estimated Value: $662,000 - $742,416

1 Bed
1 Bath
1,415 Sq Ft
$498/Sq Ft Est. Value

Last Sold October 30, 2017

Last sale price $400,000 $283 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,259/month

143 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 5-minute walk to Vermont Station
  • Double Pane Windows
  • Spanish Architecture
  • Private Yard
  • Living Room

About This Home

As of October 2017

***DUPLEX IN NEIGHBORHOOD OF LOS ANGELES CLOSE TO THE NEW RAMS INGLEWOOD STADIUM*** Spanish style duplex perfect for an investment property or live in one and rent out the other! Each unit is one bedroom one bath, with formal dining area and laundry room inside the unit. A detached garage has one private space for each unit. Great investment opportunity in HOT area of los angeles close to the new Inglewood stadium. Property will be delivered with front unit ready for new rehabber/ investor can come in and rehab or rent out for more rent. Property needs minimal repairs and updating for quick flip.

Last Agent to Sell the Property

Jimmy Bustos

Jimmy Bustos License #01772438 Listed on: 04/25/2017

Last Buyer's Agent

Gloria Shelby-Dyer

KW Advisors License #01372564

KW Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,325

Year Built

  • Built in 1938

Lot Details

  • 5,554 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition
  • Private Yard
  • Garden
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Spanish Architecture
  • Turnkey
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Fire Rated Drywall
  • Clay Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Asphalt
  • Stucco

Interior Spaces

  • 1,415 Sq Ft Home
  • Double Pane Windows
  • Panel Doors
  • Living Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer Hookup

Additional Features

  • Rain Gutters
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities, electricity
  • Tax Lot 28
  • Tax Tract Number 2412
  • Assessor Parcel Number 6088001018

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $1,200
  • Operating Expense $3,600
  • Net Operating Income $6,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,325

Year Built

Built in 1938

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR1
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic, Turnkey
  • Property Type: Residential Income
  • Parcel Number: 6088001018
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Full
  • Common Walls: No Common Walls
  • Door Features: Panel Doors
  • Levels: One
  • Price Per Square Foot: 282.69
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Clay
  • Construction Materials: Asphalt, Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Yard
  • Lot Size Sq Ft: 5554.00

Rental Info

  • Tenant Pays: All Utilities, Electricity

Multi Family

  • Gross Scheduled Income: 7800.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 6000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1800.00
  • Rent Control: Yes
  • Total Expenses: 3600.00

Tax Info

  • New Taxes Expense: 1200.00
  • Tax Census Tract: 2412.02
  • Tax Lot: 28
  • Tax Tract Number: 2412.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2018
Sold by
Nelson Esther
Bought by
Nelson Esther and Domingo Luisbert Patrick
Current Estimated Value
$697,068

Purchase Details

Listed on
Apr 25, 2017
Closed on
Sep 21, 2017
Sold by
Jgb Realty Investments Llc
Bought by
Nelson Esther
Seller's Agent
Jimmy Bustos
Jimmy Bustos
Buyer's Agent
Gloria Shelby-Dyer
KW Advisors
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%
Original Mortgage
$392,755
Outstanding Balance
$324,390
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$380,714

Purchase Details

Listed on
Nov 28, 2016
Closed on
Jan 10, 2017
Sold by
Mayoral Stephen and Mayoral Sandra
Bought by
Jgb Realty Investments Llc
Seller's Agent
Louis Taylor
Exp Realty of California Inc.
Buyer's Agent
Jimmy Bustos
Jimmy Bustos
List Price
$315,000
Sold Price
$325,000
Premium/Discount to List
$10,000
3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.97%
Original Mortgage
$234,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2014
Closed on
Dec 15, 2014
Sold by
Ellis Mary L
Bought by
Ellis Charles H
Seller's Agent
Judy Sarinana
Century 21 A Better Service
Buyer's Agent
Marissa Garcia
Montana Realty Services
List Price
$249,990
Sold Price
$257,000
Premium/Discount to List
$7,010
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.48%
Original Mortgage
$192,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2014
Closed on
Oct 27, 2014
Sold by
Ellis Edward C and Ellis Charles H
Bought by
Mayoral Stephen and Mayoral Sandra
Seller's Agent
Judy Sarinana
Century 21 A Better Service
Buyer's Agent
Marissa Garcia
Montana Realty Services
List Price
$249,990
Sold Price
$257,000
Premium/Discount to List
$7,010
2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Ellis Edward C
Bought by
Ellis Edward C and Ellis Charles H
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
Nelson Esther -- Accommodation
Nelson Esther $400,000 Provident Title Company
Jgb Realty Investments Llc $325,000 Chicago Title Company
Ellis Charles H -- None Available
Mayoral Stephen $257,000 Fidelity Nat Title Company
Ellis Edward C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Esther $392,755
Previous Owner Jgb Realty Investments Llc $234,000
Previous Owner Mayoral Stephen $192,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/30/2017 10/30/17 Sold $400,000 +0.3% $283 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
07/03/2017 07/03/17 For Sale $399,000 0.0% $282 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
04/25/2017 04/25/17 For Sale $399,000 +22.8% $282 / Sq Ft
02/13/2017 02/13/17 Sold $325,000 +3.2% $230 / Sq Ft View Prior Sale
11/28/2016 11/28/16 For Sale $315,000 +22.6% $223 / Sq Ft
12/18/2014 12/18/14 Sold $257,000 +2.8% $182 / Sq Ft View Prior Sale
10/30/2014 10/30/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $249,990 -- $177 / 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 $7,325 $598,493 $455,130 $143,363
2024 $7,325 $586,758 $446,206 $140,552
2023 $7,189 $575,254 $437,457 $137,797
2022 $6,862 $563,976 $428,880 $135,096
2021 $6,773 $552,919 $420,471 $132,448
2020 $6,841 $547,250 $416,160 $131,090
2019 $6,574 $536,520 $408,000 $128,520
2018 $6,499 $526,000 $400,000 $126,000
2016 $3,296 $260,918 $152,287 $108,631
2015 $3,250 $257,000 $150,000 $107,000
2014 $2,122 $157,360 $114,257 $43,103
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN17089214

California Regional Multiple Listing Service (CRMLS)

APN: 6088-001-018