NOT LISTED FOR SALE

8729 Bandera St Unit 2 Los Angeles, CA 90002

Estimated Value: $718,000 - $827,772

5 Beds
4 Baths
1,531 Sq Ft
$496/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $680,000 $444 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,952/month

16 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Garden
  • Central Heating
  • Laundry Room

About This Home

As of June 2023

***Live in one and rent out the other!*** Great investment opportunity! Very nice Duplex. 2 Separate units: The front unit is 4 bedrooms 2 baths, and the rear unit is a studio flipped and upgraded. Nice street and centrally located, with plenty of parking in the front and back of the house through alley gate, with plenty of parking in rear yard. Fruit trees in the front of the house. Fully gated and fenced. Both units have their own mail box, electric and gas meters. Submit the offer with an updated pre-approval letter, DU and proof of funds. Please call listing agent for additional information.

Last Agent to Sell the Property

Pirusha M Qesja

Together Realty License #02089249 Listed on: 04/14/2023

Last Buyer's Agent

Maria A Riggs

Realty One Group United License #01738721

Realty One Group United

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,810

Year Built

  • Built in 1955

Lot Details

  • 6,667 Sq Ft Lot
  • No Common Walls
  • Garden
  • Back and Front Yard

Home Design

  • 1,531 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Legal Lot and Block 28 / P
  • Assessor Parcel Number 6044018019
  • $1,380 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,810

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Price Per Unit: 325000
  • Property Attached: No
  • Zoning: LCR2YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6044018019
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 444.15

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden
  • Lot Size Sq Ft: 6667.00
  • Lot Size Acres: 0.1531

Multi Family

  • Lot Size Area: 6667.0000 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: Yes

Tax Info

  • Tax Block: P
  • Tax Census Tract: 5353.00
  • Tax Lot: 28
  • Tax Tract Number: .
  • TaxOtherAnnualAssessmentAmount: 1380.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2023
Closed on
May 2, 2023
Sold by
Rivas Sergio
Bought by
Martinez Alexander Macario
Seller's Agent
Pirusha M Qesja
Together Realty
Buyer's Agent
Maria A Riggs
Realty One Group United
List Price
$650,000
Sold Price
$680,000
Premium/Discount to List
$30,000
4.62%
Views
243
Current Estimated Value
$758,693

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,693
Avg. Annual Appreciation
4.12%
Original Mortgage
$667,683
Outstanding Balance
$650,537
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$92,313

Purchase Details

Closed on
Mar 17, 2023
Sold by
Contreras Miguel
Bought by
Rivas Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,683
Outstanding Balance
$650,537
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$92,313

Purchase Details

Closed on
Jun 29, 2011
Sold by
Rivas Sergio and Contreras Miguel A
Bought by
Contreras Miguel and Rivas Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,091
Interest Rate
4.55%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 28, 2009
Sold by
Us Bank National Association
Bought by
Rivas Sergio and Contreras Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,576
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 9, 2009
Sold by
Cortez Nicolas
Bought by
Downey Savings & Loan Association Fa

Purchase Details

Closed on
Sep 30, 2008
Sold by
Cortez Nicolas
Bought by
Downey Sla Fa

Purchase Details

Closed on
Oct 21, 2005
Sold by
Cortez Mary Ann
Bought by
Cortez Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2005
Sold by
Cortez Mary Ann
Bought by
Cortez Nicolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 19, 2001
Sold by
Hud
Bought by
Cortez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,181
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 26, 2001
Sold by
Bank Of America Na
Bought by
Hud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,181
Interest Rate
6.57%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 26, 2001
Sold by
Cortez Nicolas and Cortez Mary Ann
Bought by
Bank Of America Na

Purchase Details

Closed on
May 30, 1998
Sold by
Nevarez Hector and Gonzalez Mario
Bought by
Cortez Nicolas and Cortez Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,800
Interest Rate
7.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 1998
Sold by
Ward Ellamay and Crosland James T
Bought by
Nevarez Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,400
Interest Rate
6.98%
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
Martinez Alexander Macario $680,000 Lawyers Title
Rivas Sergio -- Lawyers Title
Contreras Miguel -- Lawyers Title Company
Rivas Sergio $189,000 Lawyers Title Company
Downey Savings & Loan Association Fa $187,500 None Available
Downey Sla Fa $282,750 None Available
Cortez Nicolas -- Ticor Title Co Glendale
Cortez Nicolas -- Ticor Title Company
Cortez Nicolas $280,000 Ticor Title Company
Cortez Maria $145,500 American Title Co
Hud -- First American Title Ins Co
Bank Of America Na $193,941 First American Title Co
Cortez Nicolas $158,000 --
Nevarez Hector -- --
Nevarez Hector $111,500 Southland Title
Johnson Sadie -- Southland Title
Crosland James T -- Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Alexander Macario $667,683
Previous Owner Contreras Miguel $182,091
Previous Owner Rivas Sergio $185,576
Previous Owner Cortez Nicolas $380,000
Previous Owner Cortez Nicolas $300,000
Previous Owner Cortez Nicolas $182,000
Previous Owner Cortez Maria $142,181
Previous Owner Cortez Nicolas $154,800
Previous Owner Nevarez Hector $95,400
Closed Nevarez Hector $15,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $680,000 +4.6% $444 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/14/2023 04/14/23 For Sale $650,000 -- $425 / 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 $9,810 $707,472 $499,392 $208,080
2024 $9,810 $693,600 $489,600 $204,000
2023 $6,319 $414,130 $224,186 $189,944
2022 $6,051 $406,011 $219,791 $186,220
2021 $5,982 $398,051 $215,482 $182,569
2020 $6,021 $394,290 $213,273 $181,017
2019 $5,810 $386,566 $209,092 $177,474
2018 $5,641 $378,994 $204,993 $174,001
2016 $5,403 $363,972 $197,034 $166,938
2015 $5,321 $358,506 $194,075 $164,431
2014 $5,318 $351,485 $190,274 $161,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23050234

California Regional Multiple Listing Service (CRMLS)

APN: 6044-018-019