NOT LISTED FOR SALE

8602 Beach St Los Angeles, CA 90002

Estimated Value: $740,000 - $808,000

4 Beds
3 Baths
1,884 Sq Ft
5,062 Sq Ft Lot

Last Sold December 28, 2017

Last sale price $465,000 $247 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,795/month

70 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Firestone Station
  • Ceiling Fan
  • Library
  • Laundry Room
  • Back and Front Yard

About This Home

As of December 2017

AMAZING NEW PRICE!!! Beautiful traditional duplex! The downstairs unit has recently been remodeled and has 3 bedrooms, 2 bathrooms. The upstairs unit is a 1 bedroom, 1 bathroom. Inside you will find beautiful hardwood and tile flooring, baseboard molding and maple number of windows that bring in plenty of natural light! Granite counter-tops and stainless-steel appliances complete the kitchen! Large master bedroom with a walk-in closet, private bathroom with access to the backyard! The backyard features a large lawn area with a side yard, perfect for outdoor seating!

Last Agent to Sell the Property

Linda Ojeda

Luxury Collective License #01240974 Listed on: 09/22/2017

Luxury Collective

Last Buyer's Agent

Carlos Herrera

Realty One Group United License #02003117

Realty One Group United

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,504

Year Built

  • Built in 2005

Lot Details

  • Two or More Common Walls
  • Back and Front Yard

Interior Spaces

  • 1,884 Sq Ft Home
  • Ceiling Fan
  • Library
  • Laundry Room

Kitchen

  • Gas Range
  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 535300
  • Assessor Parcel Number 6044016034

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $178
  • Fuel Expense $65
  • Trash Expense $59
  • Water Sewer Expense $59
  • New Taxes Expense $3,300
  • Operating Expense $117
  • Gross Income $3,950
  • Net Operating Income $3,590

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,504

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 58.50
  • Zoning: LCC3*
  • Property Type: Residential Income
  • Parcel Number: 6044016034
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Price Per Square Foot: 246.82
  • Room Type: Kitchen, Library

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Trash Expense: 58.50
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5063.00
  • Lot Size Acres: 0.1162

Multi Family

  • Electric Expense: 178.00
  • Fuel Expense: 65.00
  • Gross Income: 3950.00
  • Gross Scheduled Income: 3950.00
  • Lot Size Area: 5063.0000 Square Feet
  • Net Operating Income: 3590.00
  • 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: 360.00
  • Rent Control: Yes
  • Total Expenses: 117.00

Tax Info

  • New Taxes Expense: 3300.00
  • Tax Census Tract: 5353.00
  • Tax Lot: 5
  • Tax Tract Number: 535300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2017
Closed on
Nov 30, 2017
Sold by
Olmedo Fabiola
Bought by
Campos Mariano M and Campa Mariana
Seller's Agent
Linda Ojeda
Luxury Collective
Buyer's Agent
Carlos Herrera
Realty One Group United
List Price
$524,900
Sold Price
$465,000
Premium/Discount to List
-$59,900
-11.41%
Current Estimated Value
$771,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,331
Avg. Annual Appreciation
6.50%
Original Mortgage
$456,577
Outstanding Balance
$392,616
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$362,443

Purchase Details

Closed on
Jul 7, 2011
Sold by
Rodriguez Ricardo A
Bought by
Olmedo Fabiola

Purchase Details

Closed on
Oct 17, 2010
Sold by
Usa Real Estate Group Llc
Bought by
Rodriguez Ricardo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,080
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2010
Sold by
Los Alamitos Financial Llc
Bought by
Usa Real Estate Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,080
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2007
Sold by
Montano Gudelia
Bought by
Los Alimitos Financial Llc

Purchase Details

Closed on
Apr 2, 2004
Sold by
Claremont Investments Inc
Bought by
Montano Gudelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2004
Sold by
Ordin David
Bought by
Claremont Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,600
Interest Rate
6.99%
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
Campos Mariano M $465,000 Chicago Title Company
Olmedo Fabiola -- Accommodation
Rodriguez Ricardo A $269,000 Stewart Title Of California
Usa Real Estate Group Llc -- Stewart Title Of California
Los Alimitos Financial Llc -- None Available
Montano Gudelia $327,000 Ticor Title Company
Claremont Investments Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Mariano M $456,577
Previous Owner Rodriguez Ricardo A $252,080
Previous Owner Usa Real Estate Group Llc $86,000
Previous Owner Montano Gudelia $390,000
Previous Owner Montano Gudelia $261,600
Closed Montano Gudelia $65,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2017 12/28/17 Sold $465,000 -11.4% $247 / Sq Ft
12/01/2017 12/01/17 Pending -- -- --
09/22/2017 09/22/17 For Sale $524,900 -- $279 / 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 $7,504 $529,086 $314,722 $214,364
2024 $7,504 $518,712 $308,551 $210,161
2023 $7,213 $508,542 $302,501 $206,041
2022 $6,891 $498,571 $296,570 $202,001
2021 $6,812 $488,796 $290,755 $198,041
2019 $6,610 $474,300 $282,132 $192,168
2018 $6,469 $465,000 $276,600 $188,400
2016 $4,550 $313,323 $173,373 $139,950
2015 $4,483 $308,617 $170,769 $137,848
2014 $4,488 $302,572 $167,424 $135,148
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR17215883

California Regional Multiple Listing Service (CRMLS)

APN: 6044-016-034