NOT LISTED FOR SALE

8623 Holmes Ave Los Angeles, CA 90002

Estimated Value: $761,000 - $955,399

5 Beds
4 Baths
2,758 Sq Ft
$303/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $685,000 $248 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,371/month

About This Home

As of July 2022

This home is located at 8623 Holmes Ave, Los Angeles, CA 90002 since 06 June 2022 and is currently estimated at $836,350, approximately $303 per square foot. This property was built in 1911. 8623 Holmes Ave is a home located in Los Angeles County with nearby schools including Graham Elementary School, Charles Drew Middle School, and Jordan High School.

Last Agent to Sell the Property

Mel Robles

Century 21 Allstars License #01169359 Listed on: 06/06/2022

Century 21 Allstars

Last Buyer's Agent

Mel Robles

Century 21 Allstars License #01169359 Listed on: 06/06/2022

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,877

Year Built

  • Built in 1911

Lot Details

  • 6,725 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 4 Car Garage

Home Design

  • 2,758 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 5353
  • Assessor Parcel Number 6044016024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Trash Expense $1,320
  • Water Sewer Expense $1,680
  • Operating Expense $6,400
  • Gross Income $18,000
  • Net Operating Income $11,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,877

Year Built

Built in 1911

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 342500
  • Property Attached: No
  • Water Sewer Expenses: 1680.00
  • Property Type: Residential Income
  • Parcel Number: 6044016024
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 248.37

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1320.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6725.00
  • Lot Size Acres: 0.1544

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6725.0000 Square Feet
  • Net Operating Income: 11600.00
  • 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: 6400.00
  • Rent Control: No
  • Total Expenses: 6400.00

Tax Info

  • Tax Lot: 31
  • Tax Tract Number: 5353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2005
Sold by
Suazo Lionel
Bought by
Suazo Maribel
Current Estimated Value
$836,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$82,749
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$739,250

Purchase Details

Closed on
Nov 5, 1994
Sold by
Escalante Max and Escalante Maria
Bought by
Suazo Lionel and Suazo Maribel
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
Suazo Maribel -- Security Union Title
Suazo Lionel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suazo Maribel $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $685,000 0.0% $248 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $685,000 -- $248 / 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 $9,877 $726,927 $435,095 $291,832
2024 $9,877 $712,674 $426,564 $286,110
2023 $9,543 $698,700 $418,200 $280,500
2022 $4,995 $327,620 $137,691 $189,929
2021 $4,930 $321,197 $134,992 $186,205
2020 $4,959 $317,904 $133,608 $184,296
2019 $4,792 $311,672 $130,989 $180,683
2018 $4,641 $305,562 $128,421 $177,141
2016 $4,431 $293,698 $123,435 $170,263
2015 $4,368 $289,287 $121,581 $167,706
2014 $4,373 $283,621 $119,200 $164,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22121524

California Regional Multiple Listing Service (CRMLS)

APN: 6044-016-024