NOT LISTED FOR SALE

Estimated Value: $608,181 - $775,000

3 Beds
2 Baths
1,390 Sq Ft
$497/Sq Ft Est. Value

Last Sold February 04, 2020

Last sale price $485,000 $349 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,651/month

30 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • Wall Furnace
  • No HOA

About This Home

As of February 2020

Investor's Dream!! This cute Duplex is right in the heart of Los Angeles, minutes from downtown LA, good condition. Updated approx. 3 years ago, Units consist of one 2 bed 1 bath & one 1 bed 1 bath units. Both units have laundry room, front house very spacious with laminate wood floors in living room and bedrooms, travertine floors in kitchen and bathroom, granite counter tops in kitchen (both units), long driveway leads to attached 2 single car garage. Units close to schools and transportation. Drive-by, subject to interior inspection of both units, units are tenant occupied...... A MUST SEE!!

Last Agent to Sell the Property

Valerie Maldonado

Keller Williams Coastal Proper License #01345927 Listed on: 11/15/2019

Keller Williams Coastal Proper

Last Buyer's Agent

Manuel Acuna

Century 21 Masters License #01752036

Century 21 Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1923

Lot Details

  • 4,800 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • 1,390 Sq Ft Home
  • Property Attached
  • Shingle Roof
  • Composition Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 218
  • Tax Tract Number 6
  • Assessor Parcel Number 6023003018

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $650
  • Trash Expense $200
  • Water Sewer Expense $200
  • New Taxes Expense $6,113
  • Operating Expense $7,163
  • Net Operating Income $22,680

Property Details

Home Type

Multi-Family

Year Built

Built in 1923

Lot Details

4,800 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 200.00
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 6023003018
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 348.92

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4800.00
  • Lot Size Acres: 0.1102

Multi Family

  • Gross Scheduled Income: 31680.00
  • Insurance Expense: 650.00
  • Lot Size Area: 4800.0000 Square Feet
  • Net Operating Income: 22680.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9000.00
  • Rent Control: Yes
  • Total Actual Rent: 2640.00
  • Total Expenses: 7163.00

Tax Info

  • New Taxes Expense: 6113.00
  • Tax Census Tract: 2395.01
  • Tax Lot: 218
  • Tax Tract Number: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2019
Closed on
Dec 30, 2019
Sold by
Silva Augustin and Maldonado Valerie
Bought by
Mancilla Ricardo and Mancilla Jesus
Seller's Agent
Valerie Maldonado
Keller Williams Coastal Proper
Buyer's Agent
Manuel Acuna
Century 21 Masters
List Price
$489,000
Sold Price
$485,000
Premium/Discount to List
-$4,000
-0.82%
Current Estimated Value
$690,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,795
Avg. Annual Appreciation
5.94%
Original Mortgage
$410,052
Outstanding Balance
$359,802
Interest Rate
3.25%
Mortgage Type
FHA
Estimated Equity
$330,993

Purchase Details

Closed on
Jul 12, 2018
Sold by
Silva Augustin
Bought by
Silva Augustin and Maldonado Valerie

Purchase Details

Closed on
Jun 30, 2016
Sold by
Woodard Pamela
Bought by
Silva Augustin

Purchase Details

Closed on
Oct 15, 2004
Sold by
Woodard Pamela
Bought by
Woodard Pamela and Woodard Diana

Purchase Details

Closed on
Dec 6, 1996
Sold by
Woodard Jasper
Bought by
Woodard Jasper and Jasper Woodard Revocable Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mancilla Ricardo $485,000 First American Title Company
Silva Augustin -- None Available
Silva Augustin $290,000 First American Title
Woodard Pamela -- --
Woodard Jasper -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mancilla Ricardo $410,052
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2020 02/04/20 Sold $485,000 -0.8% $349 / Sq Ft
11/15/2019 11/15/19 For Sale $489,000 -- $352 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,204 $530,414 $421,051 $109,363
2024 $12,204 $520,015 $412,796 $107,219
2023 $12,080 $509,819 $404,702 $105,117
2022 $11,785 $499,823 $396,767 $103,056
2021 $6,061 $490,024 $388,988 $101,036
2020 $5,241 $411,746 $267,423 $144,323
2019 $5,040 $403,674 $262,180 $141,494
2018 $4,938 $395,760 $257,040 $138,720
2016 $400 $25,421 $10,540 $14,881
2015 $395 $25,040 $10,382 $14,658
2014 $409 $24,550 $10,179 $14,371
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19265939

California Regional Multiple Listing Service (CRMLS)

APN: 6023-003-018

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