NOT LISTED FOR SALE

8632 Menlo Ave Los Angeles, CA 90044

Vermont Vista Neighborhood

Estimated Value: $909,000 - $1,000,000

8 Beds
4 Baths
2,400 Sq Ft
$395/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $595,000 $248 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,018/month

1 Day on Market

Highlights

  • Newly Remodeled
  • Laundry Room
  • Landscaped

About This Home

As of August 2017

Very desirable, income producing duplex. This duplex consists of two 4-Bedroom / 2-Bathroom units. Each unit includes dual pane vinyl windows, granite counter tops, wood cabinets throughout, tile flooring in kitchens and baths. No rent control. Great investment opportunity.

Last Agent to Sell the Property

Andy Zuppardo

Crystal View Realty License #01927358 Listed on: 07/12/2017

Last Buyer's Agent

Cary Hairabedian

RE/MAX College Park Realty License #00876519

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,345

Year Built

  • Built in 2009 | Newly Remodeled

Lot Details

  • 5,200 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 2 Car Garage

Home Design

  • 2,400 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Assessor Parcel Number 6038022014

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $35,610
  • Net Operating Income $35,610

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,345

Year Built

Built in 2009 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Zoning: LARD2
  • New Construction: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6038022014
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 247.92

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5200.00

Multi Family

  • Gross Income: 35610.00
  • Gross Scheduled Income: 51984.00
  • Net Operating Income: 35610.00
  • 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: 14815.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2397.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jul 11, 2017
Sold by
Cyprus Kip C
Bought by
Le Viet Khac and Le Tram Anh Doan
Seller's Agent
Andy Zuppardo
Crystal View Realty
Buyer's Agent
Cary Hairabedian
RE/MAX College Park Realty
List Price
$640,000
Sold Price
$595,000
Premium/Discount to List
-$45,000
-7.03%
Total Days on Market
1
Current Estimated Value
$948,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,212
Avg. Annual Appreciation
6.16%
Original Mortgage
$423,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 18, 2007
Sold by
Seacliff Properties Inc
Bought by
Cyprus Kip C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2007
Sold by
Deloach Ray and Deloach Beatrice
Bought by
Seacliff Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Le Viet Khac $595,000 Lawyers Title
Cyprus Kip C -- Southland Title Corporation
Seacliff Properties Inc $310,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Viet Khac $403,630
Closed Le Viet Khac $403,630
Closed Le Viet Khac $423,750
Previous Owner Cyprus Kip C $25,000
Previous Owner Cyprus Kip C $20,000
Previous Owner Cyprus Kip C $472,500
Previous Owner Seacliff Properties Inc $450,000
Previous Owner Deloach Ray $164,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $595,000 -7.0% $248 / Sq Ft
07/13/2017 07/13/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $640,000 -- $267 / 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
2024 $8,345 $663,728 $398,237 $265,491
2023 $8,190 $650,715 $390,429 $260,286
2022 $7,819 $637,957 $382,774 $255,183
2021 $7,711 $625,449 $375,269 $250,180
2019 $7,484 $606,900 $364,140 $242,760
2018 $7,398 $595,000 $357,000 $238,000
2016 $4,593 $365,071 $188,714 $176,357
2015 $4,528 $359,588 $185,880 $173,708
2014 $4,556 $352,545 $182,239 $170,306
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Andy Zuppardo

    Crystal View Realty

    (714) 595-6031

    2 in this area

    26 Total Sales

    Andy Zuppardo
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17160415

California Regional Multiple Listing Service (CRMLS)

APN: 6038-022-014

California Los Angeles County Los Angeles 90044 Vermont Vista

8632 Menlo Ave, Los Angeles, CA

This home is located at 8632 Menlo Ave, Los Angeles, CA 90044 since 12 July 2017 and is currently estimated at $948,212, approximately $395 per square foot. This property was built in 2009. 8632 Menlo Ave is a home located in Los Angeles County with nearby schools including Manchester Avenue Elementary School, Bret Harte Preparatory Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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