NOT LISTED FOR SALE

8710 Mary Ave Los Angeles, CA 90002

Florence-Graham Neighborhood

Estimated Value: $697,414 - $916,000

7 Beds
4 Baths
2,085 Sq Ft
$392/Sq Ft Est. Value

Last Sold March 15, 2013

Last sale price $340,000 $163 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $4,794/month

Highlights

  • All Bedrooms Downstairs
  • Cooling Available
  • Heating Available
  • Contemporary Architecture

About This Home

As of March 2013

**SUBJECT TO CANCELLATION OF CURRENT ESCROW***

Traditional Sale!!! Take advantage of this opportunity!! Great income duplex property, live in one and rent out the other one. Walk into the first unit with a spacious living room with new carpet and bright natural light, kitchen/bathroom has been updated. All 4 bedrooms have new carpet and freshly painted throughout. Second unit features 3 bedrooms and 2 badrooms, all rooms with new carpet, kitchen/bathroom have been updated as well. These Units Are Centrally Located And Close To 110 Freeway And Have Easy Access To Local Amenities. MUST SEE!!!

Last Agent to Sell the Property

Linda Ojeda

Luxury Collective License #01240974 Listed on: 03/08/2013

Luxury Collective

Last Buyer's Agent

Marcelo Mena Chiriboga

No Firm Affiliation License #NONE

No Firm Affiliation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,957

Year Built

  • Built in 1925

Lot Details

  • 4,888 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage

Home Design

  • 2,085 Sq Ft Home
  • Contemporary Architecture
  • Property Attached
  • Shingle Roof

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 163
  • Tax Tract Number 7561
  • Assessor Parcel Number 6043019017

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,957

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Privately Maintained
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6043019017
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 163.07
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 4888.00
  • Lot Size Acres: 0.1120

Multi Family

  • Lot Size Area: 4888.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Taxes Percent: 1.25
  • Tax Lot: 163
  • Tax Tract Number: 7561
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
Mar 13, 2013
Sold by
Aslan Residential Iv Llc
Bought by
Chavez Franklin
Seller's Agent
Linda Ojeda
Luxury Collective
Buyer's Agent
Marcelo Mena Chiriboga
No Firm Affiliation
List Price
$319,000
Sold Price
$340,000
Premium/Discount to List
$21,000
6.58%
Current Estimated Value
$817,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,104
Avg. Annual Appreciation
7.19%
Original Mortgage
$304,385
Outstanding Balance
$216,828
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$600,276

Purchase Details

Closed on
Oct 1, 2012
Sold by
Morales German
Bought by
Aslan Residential Iv Llc

Purchase Details

Closed on
Mar 28, 2007
Sold by
Guzman Rosaura
Bought by
Morales German

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,200
Interest Rate
6.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2006
Sold by
Guzman Rosaura
Bought by
Guzman Rosaura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,500
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 8, 2003
Sold by
Costello Homes Inc
Bought by
Guzman Rosaura and Guzman Cristobal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,530
Interest Rate
5.89%

Purchase Details

Closed on
Jul 22, 2002
Sold by
Vazquez Luis
Bought by
Costello Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.52%

Purchase Details

Closed on
Jul 12, 2000
Sold by
Mitchell Vicky V
Bought by
Vazquez Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,335
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2000
Sold by
Mitchell Rhonda Louise
Bought by
Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,335
Interest Rate
8.2%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 8, 1999
Sold by
Johnson Willie
Bought by
Mitchell Rhonda Louise
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
Chavez Franklin $322,500 First American Title Company
Aslan Residential Iv Llc -- None Available
Morales German $629,000 Chicago Title Co
Guzman Rosaura -- Southland Title
Guzman Rosaura $249,000 Act
Costello Homes Inc $117,000 Fidelity National Title
Vazquez Luis $100,000 American Title Co
Mitchell -- American Title Co
Mitchell Rhonda Louise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Franklin $304,385
Previous Owner Morales German $503,200
Previous Owner Guzman Rosaura $304,500
Previous Owner Guzman Rosaura $241,530
Previous Owner Costello Homes Inc $170,000
Previous Owner Vazquez Luis $99,335
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2013 03/15/13 Sold $340,000 +6.6% $163 / Sq Ft
03/08/2013 03/08/13 For Sale $319,000 -- $153 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
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 $5,957 $397,125 $246,282 $150,843
2024 $5,957 $389,339 $241,453 $147,886
2023 $5,694 $381,706 $236,719 $144,987
2022 $5,448 $374,223 $232,078 $142,145
2021 $5,383 $366,886 $227,528 $139,358
2019 $5,228 $356,006 $220,780 $135,226
2018 $5,099 $349,026 $216,451 $132,575
2016 $4,878 $335,475 $208,047 $127,428
2015 $4,807 $330,436 $204,922 $125,514
2014 $4,811 $323,964 $200,908 $123,056
Source: Public Records

Agents Affiliated with this Home

  • Linda Ojeda

    Seller's Agent in 2013

    Linda Ojeda

    Luxury Collective

    (818) 442-7504

    146 Total Sales

    Linda Ojeda
    Section Image

  • M

    Buyer's Agent in 2013

    Marcelo Mena Chiriboga

    No Firm Affiliation

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR12153855

California Regional Multiple Listing Service (CRMLS)

APN: 6043-019-017

California Los Angeles County Los Angeles 90002 Florence-Graham

8710 Mary Ave, Los Angeles, CA

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