J
Seller's Agent in 2020
Julio Ruiz
GLOBAL PLATINUM PROPERTIES
841 W 69th St Los Angeles, CA 90044
Vermont-Slauson NeighborhoodEstimated Value: $943,000 - $1,088,000
4
Beds
4
Baths
1,770
Sq Ft
$566/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Tile Flooring
- 4-minute walk to Mount Carmel Recreation Center
- Laundry Room
- Back and Front Yard
About This Home
As of February 2020Calling all investors, huge value add opportunity. 3 units [+ 1 Bonus Unit (Non-Conforming)] on a large lot in an excellent Los Angeles location. 2 of the units are and will be delivered vacant. The offering consists of 3 detached buildings, totaling 1,770 SF and situated on a 7,153 SF, LARD2 /Tier-2 TOC Lot. The extra-long driveway takes you to the spacious backyard and 3 car garage. 2 of the units were recently renovated [new kitchen, laminate flooring, paint and more]. This property is located close to everything! Schools, parks, transit, and freeways! Close to the 110 freeway, USC, Downtown Los Angeles and more! Motivated Seller bring all offers. * County records reflect 1,770 sf and 4 legal units, City Records indicated only 3 legal units. The buyer to investigate with the City of LA for the possible permits.
Last Agent to Sell the Property
Julio Ruiz
GLOBAL PLATINUM PROPERTIES License #01911261 Listed on: 12/10/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,401
Year Built
- Built in 1929
Lot Details
- 7,152 Sq Ft Lot
- 1 Common Wall
- Back and Front Yard
Parking
- 3 Car Garage
- Parking Available
- Single Garage Door
Home Design
- 1,770 Sq Ft Home
- Triplex
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 4 Bathrooms
Utilities
- Natural Gas Connected
- Water Connected
- Sewer Connected
- Cable TV Available
Additional Features
- Laundry Room
- Urban Location
Listing and Financial Details
- Tax Lot 01
- Tax Tract Number 2
- Assessor Parcel Number 6013008006
Community Details
Overview
- 3 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $950
- Insurance Expense $1,150
- Trash Expense $750
- Water Sewer Expense $1,000
- New Taxes Expense $8,580
- Operating Expense $12,430
- Gross Income $29,904
- Net Operating Income $17,474
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2019
Closed on
Jan 28, 2020
Sold by
839 West 69Th Street Llc
Bought by
Aina Boluwatife and Oshunluyi Olatunbosun
Seller's Agent
Julio Ruiz
GLOBAL PLATINUM PROPERTIES
Buyer's Agent
Nooshin Kateb
First Team Real Estate
List Price
$675,000
Sold Price
$660,000
Premium/Discount to List
-$15,000
-2.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342,000
Avg. Annual Appreciation
7.66%
Original Mortgage
$648,045
Outstanding Balance
$586,780
Interest Rate
4.87%
Mortgage Type
FHA
Estimated Equity
$415,220
Purchase Details
Closed on
Feb 14, 2019
Sold by
Sinai Farzad
Bought by
839 West 69Th Street Llc
Purchase Details
Closed on
Jun 27, 2017
Sold by
Danial Rona
Bought by
Sinai Farzad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 18, 2015
Sold by
Hercules Carmen and Bonilla Jose
Bought by
Danial Rona
Purchase Details
Closed on
Sep 7, 2007
Sold by
Hercules Evelia
Bought by
Hercules Carmen
Purchase Details
Closed on
Aug 29, 2007
Sold by
Bonilla Jose I
Bought by
Hercules Carmen
Purchase Details
Closed on
Mar 14, 2006
Sold by
Bonilla Maria Dina
Bought by
Bonilla Jose I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
2.87%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Mar 8, 2006
Sold by
Polk Efren
Bought by
Bonilla Jose I
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
2.87%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
May 18, 2005
Sold by
Polk Dawn
Bought by
Polk Efren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.52%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Apr 19, 2005
Sold by
Jackson Sidney
Bought by
Polk Efren
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.52%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Aug 26, 2003
Sold by
Grazette Sydney C and Jackson Sidney C
Bought by
Grazette Sydney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 22, 2002
Sold by
Grazette Sydney C
Bought by
Grazette Sydney C and Jackson Sidney C
Purchase Details
Closed on
Feb 1, 2002
Sold by
Grazette Sydney and Jackson Sidney
Bought by
Jackson Sidney
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.94%
Purchase Details
Closed on
Jan 16, 2002
Sold by
The Bank Of New York
Bought by
Grazette Sydney C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.94%
Purchase Details
Closed on
Aug 1, 2001
Sold by
Melgarejo Mercedes Campo
Bought by
The Bank Of New York
Purchase Details
Closed on
Jun 23, 2000
Sold by
Melgarejo Gerardo
Bought by
Melgarejo Mercedes C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
8.37%
Purchase Details
Closed on
Mar 28, 1999
Sold by
Bank Of New York
Bought by
Wise Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.91%
Purchase Details
Closed on
Oct 14, 1998
Sold by
Clark Matthew L and Clark Yvonne
Bought by
Cwmbs Inc and Mortgage Pass Through Certificates Serie
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Aina Boluwatife | $660,000 | North American Title Company | |
| 839 West 69Th Street Llc | -- | Chicago Title | |
| Sinai Farzad | $515,000 | Title 365 | |
| Danial Rona | $304,000 | Title 365 | |
| Hercules Carmen | -- | Title 365 | |
| Hercules Carmen | -- | Orange Coast Title | |
| Hercules Carmen | $45,000 | Orange Coast Title | |
| Bonilla Jose I | -- | Alliance Title | |
| Bonilla Jose I | $550,000 | Alliance Title | |
| Polk Efren | -- | -- | |
| Polk Efren | $420,000 | Old Republic Title Company | |
| Grazette Sydney | -- | First American Title Co | |
| Grazette Sydney C | -- | -- | |
| Jackson Sidney | -- | -- | |
| Grazette Sydney C | $160,000 | United Title Company | |
| The Bank Of New York | $157,500 | Landsafe Title | |
| Melgarejo Mercedes C | -- | Southland Title Company | |
| Melgarejo Mercedes Campo | $249,000 | Southland Title Company | |
| Wise Investments Llc | $134,000 | Landsafe Title | |
| Cwmbs Inc | $147,500 | Landsafe Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Aina Boluwatife | $648,045 | |
| Previous Owner | Sinai Farzad | $360,000 | |
| Previous Owner | Bonilla Jose I | $495,000 | |
| Previous Owner | Polk Efren | $336,000 | |
| Previous Owner | Grazette Sydney | $212,000 | |
| Previous Owner | Grazette Sydney C | $128,000 | |
| Previous Owner | Melgarejo Mercedes Campo | $199,200 | |
| Previous Owner | Wise Investments Llc | $145,000 | |
| Closed | Melgarejo Mercedes Campo | $37,350 | |
| Closed | Grazette Sydney C | $32,000 | |
| Closed | Polk Efren | $84,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/28/2020 02/28/20 | Sold | $660,000 | -2.2% | $373 / Sq Ft |
| 12/23/2019 12/23/19 | Pending | -- | -- | -- |
| 12/10/2019 12/10/19 | For Sale | $675,000 | -- | $381 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,401 | $593,028 | $395,352 | $197,676 |
| 2024 | $7,401 | $581,400 | $387,600 | $193,800 |
| 2023 | $8,751 | $693,775 | $567,635 | $126,140 |
| 2022 | $8,356 | $680,172 | $556,505 | $123,667 |
| 2021 | $8,249 | $666,837 | $545,594 | $121,243 |
| 2020 | $6,840 | $535,806 | $364,140 | $171,666 |
| 2019 | $6,579 | $525,300 | $357,000 | $168,300 |
| 2018 | $6,498 | $515,000 | $350,000 | $165,000 |
| 2016 | $3,935 | $304,000 | $220,000 | $84,000 |
| 2015 | $7,607 | $612,027 | $459,022 | $153,005 |
| 2014 | $7,657 | $600,039 | $450,031 | $150,008 |
Source: Public Records
Agents Affiliated with this Home
-
-
Armin Soleimani
Seller Co-Listing Agent in 2020
Armin Soleimani
Global Platinum Properties, Inc.
(310) 666-2246
1 in this area
58 Total Sales
-
Nooshin Kateb
Buyer's Agent in 2020
Nooshin Kateb
First Team Real Estate
(714) 403-6467
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB19279070
APN: 6013-008-006
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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