NOT LISTED FOR SALE

Estimated Value: $689,000 - $806,474

4 Beds
2 Baths
1,893 Sq Ft
$386/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $375,000 $198 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,292/month

145 Days on Market

About This Home

As of December 2016

!!!!!!! BIG, BIG, BIG REDUCTION PRICE !!!!!!! THIS IS A GREAT OPPORTUNITY TO OWN AN INCOME PROPERTY IN THE WEST L.A. AREA. PROPERTY FEATURES, 2 UNITS WITH 2 BEDS & 1 BATH EACH COLLECTING $2,433 TOTAL RENTS. PROPERTY IS LOCATED CLOSE TO SHOPPING , SCHOOL AND FREEWAYS. BOTH PROPERTIES ARE IN GOOD CONDITIONS. SELLER JUST INSTALLED NEW 3 CAR GARAGES DOORS. PROPERTY HAS BIG POTENTIAL TO BE EXPANDED, BIG LOT OVER 7,000.

Last Agent to Sell the Property

David Guizado

First Family Homes License #01490126 Listed on: 09/09/2016

Last Buyer's Agent

Michael Duran

The Delrio Group License #01383893

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,550

Year Built

  • Built in 1910

Lot Details

  • 8,100 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 1,893 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 200
  • Tax Tract Number 2404
  • Assessor Parcel Number 6039017055

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,200
  • New Taxes Expense $3,812
  • Gross Income $2,433
  • Net Operating Income $21,984

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,550

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2200.00
  • Property Type: Residential Income
  • Parcel Number: 6039017055
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 198.10

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8100.00
  • Price Per Lot Square Foot: 46.30

Multi Family

  • Gross Income: 2433.00
  • Gross Scheduled Income: 29196.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 21984.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7212.00
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 3812.00
  • Tax Lot: 200
  • Tax Tract Number: 2404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2016
Closed on
Dec 7, 2016
Sold by
Castro Rolando
Bought by
Ramas Quennie Ypil
Seller's Agent
David Guizado
First Family Homes
Buyer's Agent
Michael Duran
The Delrio Group
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$731,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$356,619
Avg. Annual Appreciation
7.85%
Original Mortgage
$300,000
Outstanding Balance
$245,980
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$485,639

Purchase Details

Listed on
Sep 9, 2016
Closed on
Dec 2, 2016
Sold by
Maral Investments Group Llc
Bought by
Ramas Quennie Ypil
Seller's Agent
David Guizado
First Family Homes
Buyer's Agent
Michael Duran
The Delrio Group
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$245,980
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$485,639

Purchase Details

Closed on
Jan 14, 2011
Sold by
Dalili Nader and Shanjani Ziba Sami
Bought by
Maral Investments Group Llc

Purchase Details

Closed on
Nov 1, 2010
Sold by
U S Bank National Association
Bought by
Dalili Nader and Shanjani Ziba Sami

Purchase Details

Closed on
Jul 1, 2010
Sold by
Scott Krystle L
Bought by
Us Bank National Association

Purchase Details

Closed on
May 3, 2007
Sold by
Scott Krystle L
Bought by
Scott John P and Scott Krystle L

Purchase Details

Closed on
May 27, 2004
Sold by
Haley Frank D
Bought by
Scott Krystle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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
Ramas Quennie Ypil -- Lawyers Title
Ramas Quennie Ypil $375,000 Lawyers Title Company
Maral Investments Group Llc -- None Available
Dalili Nader $175,000 Chicago Title Company
Us Bank National Association $191,250 Accommodation
Scott John P -- None Available
Scott Krystle L $285,000 Commonwealth Land Title Co
Scott Krystle L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramas Quennie Ypil $300,000
Closed Ramas Quennie Ypil $300,000
Previous Owner Scott Krystle L $228,000
Closed Scott Krystle L $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $375,000 0.0% $198 / Sq Ft
11/07/2016 11/07/16 Pending -- -- --
09/19/2016 09/19/16 Price Changed $375,000 -2.6% $198 / Sq Ft
09/13/2016 09/13/16 Price Changed $385,000 +2.7% $203 / Sq Ft
09/09/2016 09/09/16 For Sale $375,000 0.0% $198 / Sq Ft
08/03/2016 08/03/16 Off Market $375,000 -- --
07/08/2016 07/08/16 Price Changed $375,000 +1.4% $198 / Sq Ft
06/15/2016 06/15/16 For Sale $370,000 -- $195 / 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 $5,550 $435,216 $319,160 $116,056
2024 $5,550 $426,683 $312,902 $113,781
2023 $5,452 $418,317 $306,767 $111,550
2022 $5,213 $410,115 $300,752 $109,363
2021 $5,141 $402,074 $294,855 $107,219
2020 $5,189 $397,952 $291,832 $106,120
2019 $4,995 $390,150 $286,110 $104,040
2018 $4,857 $382,500 $280,500 $102,000
2016 $3,865 $303,030 $238,096 $64,934
2015 $3,812 $298,479 $234,520 $63,959
2014 $3,839 $292,634 $229,927 $62,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16129514

California Regional Multiple Listing Service (CRMLS)

APN: 6039-017-055