$326,000
SOLD JUN 1, 2018

8726 Grape St Los Angeles, CA 90002

2 Beds
2 Baths
936 Sq Ft
5,367 Sq Ft Lot

Recently Sold

$348 Per Sq Ft

4% Above List Price

11 Days on Market

Highlights

  • Property is near public transit
  • Walk-In Closet
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Bungalow

About This Home

As of January 2019

**REO duplex LA 90003** Red hot multi family in unincorporated LA County! Don't miss the opportunity presented by this diamond in the rough. Two stand alone wood framed cottages each with one bedroom one bath, kitchen and service porch. Separate utility meters including water make this a cash flow contender. This is the perfect opportunity to capture some sweat equity as the units are rehab ready, bring your best ideas from HGTV and go to work. The property is centrally located to all major transportation arteries and public transit systems for downtown LA as well as the LAX and Long Beach employment centers.

Last Agent to Sell the Property

David Jervis

Century 21 Jervis & Associates License #00909394 Listed on: 04/20/2018

Century 21 Jervis & Associates

Last Buyer's Agent

David Jervis

Century 21 Jervis & Associates License #00909394 Listed on: 04/20/2018

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,168

Year Built

  • Built in 1928

Lot Details

  • 5,367 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Fence is in poor condition
  • Rectangular Lot
  • Level Lot
  • Back and Front Yard

Home Design

  • Duplex
  • Bungalow
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • No Driveway
  • Uncovered Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • No Heating
  • Source of electricity is unknown
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 6045010008

Community Details

Overview

  • 2 Buildings
  • 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

$7,168

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: LCR2*
  • Architectural Style: Bungalow
  • Property Condition: Additions/Alterations, Fixer, Repairs Cosmetic, Repairs Major
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6045010008
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 348.29
  • Room Type: Kitchen, Living Room, Walk-In Closet

Exterior Features

  • Foundation: Raised
  • Other Structures: Storage
  • Fence: Yes
  • Fencing: Chain Link, Poor Condition
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Lap Siding, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: No Driveway, Off Street, Uncovered

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Electric: Electricity - Unknown
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 5367.00

Multi Family

  • 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

  • Tax Area: 11983
  • Tax Census Tract: 5353.00
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Dec 26, 2018
Sold by
Angeleno Homes Llc
Bought by
Williams Christina Maria
Seller's Agent
Luis Martinez
Century 21 Allstars
Buyer's Agent
Chet Patel
CRMLS Member Transfer
List Price
$469,900
Sold Price
$459,900
Premium/Discount to List
-$10,000
-2.13%
Current Estimated Value
$654,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,904
Avg. Annual Appreciation
5.12%
Original Mortgage
$451,569
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 17, 2018
Sold by
Bank Of New York Mellon
Bought by
Angeleno Homes Llc
Seller's Agent
David Jervis
Century 21 Jervis & Associates
Buyer's Agent
David Jervis
Century 21 Jervis & Associates
List Price
$314,900
Sold Price
$326,000
Premium/Discount to List
$11,100
3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
68.44%
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 14, 2016
Sold by
Contreras Ramon
Bought by
Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 18, 2013
Sold by
Dye Carolyn A and Estate Of Ramon Contreras
Bought by
Erg Capital Llc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Contreras Maria Del Rosario
Bought by
Contreras Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
7.87%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 8, 2002
Sold by
Hud
Bought by
Contreras Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.37%

Purchase Details

Closed on
Oct 17, 2001
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Oct 16, 2001
Sold by
Godinez Ericka
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 8, 1999
Sold by
Beasley Saint C
Bought by
Ortega Arturo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.84%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Beasley Saint Cecelia
Bought by
Beasley Saint Cecelia and Beasley Orlando
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 Type Sale Price Title Company
Grant Deed $460,000 Chicago Title Company
Grant Deed $326,000 Servicelink Title Company
Trustee Deed $240,000 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Investors Title Company
Grant Deed $127,500 Investors Title Company
Interfamily Deed Transfer -- Investors Title Company
Corporate Deed -- Fidelity National Title
Trustee Deed $170,438 Fidelity National Title
Grant Deed $79,000 Fidelity Title
Interfamily Deed Transfer -- Fidelity Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,863 FHA
Closed $449,953 FHA
Closed $451,569 FHA
Previous Owner $100,000 Unknown
Previous Owner $315,000 Negative Amortization
Previous Owner $130,000 No Value Available
Previous Owner $78,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2019 01/29/19 Sold $459,900 -2.1% $491 / Sq Ft
12/21/2018 12/21/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $469,900 +44.1% $502 / Sq Ft
06/01/2018 06/01/18 Sold $326,000 +3.5% $348 / Sq Ft
05/01/2018 05/01/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $314,900 -- $336 / 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 $7,168 $503,073 $218,727 $284,346
2023 $6,881 $493,210 $214,439 $278,771
2022 $6,568 $483,540 $210,235 $273,305
2021 $6,499 $474,060 $206,113 $267,947
2020 $6,547 $469,200 $204,000 $265,200
2019 $4,830 $332,520 $204,000 $128,520
2018 $4,046 $265,200 $185,640 $79,560
2016 $3,091 $187,238 $145,631 $41,607
2015 $3,049 $184,427 $143,444 $40,983
2014 $3,055 $180,816 $140,635 $40,181
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18091815

California Regional Multiple Listing Service (CRMLS)

APN: 6045-010-008