NOT LISTED FOR SALE

8701 Grape St Los Angeles, CA 90002

Estimated Value: $741,000 - $831,000

5 Beds
2 Baths
1,863 Sq Ft
$430/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $525,000 $282 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,850/month

31 Days on Market

Highlights

  • Corner Lot
  • Front Yard
  • 1-Story Property
  • Wrought Iron Fence

About This Home

As of November 2019

Units are located on a corner lot that is enclosed with a rod iron fence. Two separate units that were recently stuccoed. The first unit in front
is a two-bedroom being used as a 3 bedroom. This unit also has a finished attic for storage or to be used as buyer sees fit. Back unit
is a two-bedroom house. Front house has a separate fenced yard on the side and back unit has a yard area of their own. There is plenty of parking
for up to 8 cars in the fenced yard.

Last Agent to Sell the Property

Lucy Salgado

Century 21 Jervis & Associates License #00906720 Listed on: 08/21/2019

Century 21 Jervis & Associates

Last Buyer's Agent

Lucy Salgado

Century 21 Jervis & Associates License #00906720 Listed on: 08/21/2019

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,042

Year Built

  • Built in 1903

Lot Details

  • 6,718 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wrought Iron Fence
  • Corner Lot
  • Paved or Partially Paved Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Home Design

  • Raised Foundation
  • Stucco

Interior Spaces

  • 1,863 Sq Ft Home
  • 1-Story Property
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 42 / M
  • Tax Tract Number 5353
  • Assessor Parcel Number 6045011027

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $900
  • Water Sewer Expense $1,920
  • New Taxes Expense $3,427
  • Operating Expense $6,247
  • Gross Income $32,100
  • Net Operating Income $32,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,042

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1920.00
  • Zoning: LCR2YY
  • Property Type: Residential Income
  • Parcel Number: 6045011027
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 281.80

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Paved
  • Lot Size Sq Ft: 6718.00
  • Lot Size Acres: 0.1542

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 32100.00
  • Gross Scheduled Income: 32100.00
  • Insurance Expense: 900.00
  • Lot Size Area: 6718.0000 Square Feet
  • Net Operating Income: 32100.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 6247.00

Tax Info

  • New Taxes Expense: 3427.00
  • Tax Block: M
  • Tax Census Tract: 5353.00
  • Tax Lot: 42
  • Tax Tract Number: 5353.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Loera Martin and Nieblas Alicia B
Bought by
Macias Xochitl
Current Estimated Value
$763,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,675
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 25, 2019
Sold by
Carrillo Carlos and Carrillo Frances P
Bought by
Loera Martin and Nieblas Alicia B
Seller's Agent
Lucy Salgado
Century 21 Jervis & Associates
Buyer's Agent
Lucy Salgado
Century 21 Jervis & Associates
List Price
$524,900
Sold Price
$525,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$515,490
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 23, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Carrillo Carlos and Carrillo Frances P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2010
Sold by
Marquez Lizzett
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Aug 8, 2009
Sold by
Marquez Lizzett
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 5, 2005
Sold by
Camacho Junior Ariel
Bought by
Marquez Lizzett

Purchase Details

Closed on
Sep 16, 2004
Sold by
Marquez Jose S and Marquez Lidia P
Bought by
Camacho Junior Ariel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1997
Sold by
Cyprus Kip C
Bought by
Marquez Jose S and Marquez Lidia P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,164
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 1997
Sold by
Cyprus Amy L
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
$91,000
Interest Rate
7.49%

Purchase Details

Closed on
Jun 27, 1997
Sold by
Bald Leo
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
$91,000
Interest Rate
7.49%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Macias Xochitl -- None Listed On Document
Loera Martin $525,000 Pacific Coast Title
Carrillo Carlos $184,000 Lsi Title Agency
Deutsche Bank National Trust Company $204,000 Servicelink
Deutsche Bank National Trust Company $127,800 Servicelink
Marquez Lizzett $200,000 --
Camacho Junior Ariel $200,000 Ticor Title Co Glendale
Marquez Jose S $185,000 First American Title Co
Cyprus Kip C -- --
Cyprus Kip C $80,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Loera Martin $33,675
Previous Owner Loera Martin $515,490
Previous Owner Carrillo Carlos $138,000
Previous Owner Marquez Lizzett $22,884
Previous Owner Marquez Lizzett $408,000
Previous Owner Marquez Lizzett $14,787
Previous Owner Marquez Lizzett $259,000
Previous Owner Camacho Junior Ariel $160,000
Previous Owner Marquez Jose S $180,164
Previous Owner Cyprus Kip C $91,000
Closed Camacho Junior Ariel $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2019 11/13/19 Sold $525,000 0.0% $282 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $524,900 -- $282 / 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 $8,042 $619,717 $328,689 $291,028
2024 $8,042 $562,903 $375,269 $187,634
2023 $7,741 $551,866 $367,911 $183,955
2022 $7,392 $541,047 $360,698 $180,349
2021 $7,308 $530,439 $353,626 $176,813
2020 $7,362 $525,000 $350,000 $175,000
2019 $3,583 $211,318 $114,847 $96,471
2018 $3,428 $207,176 $112,596 $94,580
2016 $3,279 $199,133 $108,225 $90,908
2015 $3,234 $196,143 $106,600 $89,543
2014 $3,240 $192,301 $104,512 $87,789
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19200403

California Regional Multiple Listing Service (CRMLS)

APN: 6045-011-027