NOT LISTED FOR SALE

Estimated Value: $846,000 - $1,075,000

6 Beds
3 Baths
2,552 Sq Ft
$365/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $645,000 $253 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,661/month

35 Days on Market

Highlights

  • Open Floorplan
  • Central Heating
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Turnkey

About This Home

As of September 2019

RED HOT DTLA DUPLEX. This zipcode is on fire right now. We present an excellent opportunity to own a multi family investment property to live in one or for the investor who wants solid rents. Front unit is currently rented for $1,650 per month and is Section 8. Rear unit is totally updated and in turn key condition with 4 bedrooms and 2 bathrooms and can rent for $2600. Property also has designer paint scheme, newer aluminum windows throughout, landscape and other building amenities include individual water heaters, wrought iron secured entry and gate, two single car garage parking spaces with additional on-site parking and property is separately metered for gas and electricity. Don't miss this opportunity.

Last Agent to Sell the Property

Sonia Ramirez

Vikin' Realty License #02031080 Listed on: 10/11/2018

Last Buyer's Agent

Margarita Rodriguez

Bestway Realty License #01429318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,622

Year Built

  • Built in 1902

Lot Details

  • 6,076 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Split Level Home
  • Turnkey

Interior Spaces

  • 2,552 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Utilities

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

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 6659
  • Assessor Parcel Number 5103017010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $19,800
  • Net Operating Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,622

Year Built

Built in 1902

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Zoning: LAR2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5103017010
  • Year Built: 1902
  • Special Features: None

Interior Features

  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: Multi/Split
  • Price Per Square Foot: 252.74

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 6076.00
  • Lot Size Acres: 0.1395

Multi Family

  • Average2 Bed Area: 1012 Square Feet
  • Average3 Bed Area: 1540 Square Feet
  • Gross Income: 19800.00
  • Gross Multiplier: 13.00
  • Gross Operating Income: 19800.00
  • Gross Scheduled Income: 19800.00
  • Lot Size Area: 6076.0000 Square Feet
  • Net Operating Income: 13800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 6000.00
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2294.20
  • Tax Lot: 46
  • Tax Tract Number: 6659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2021
Sold by
Argueta Santos Teodoro and Argueta Mirian Delma
Bought by
Argueta Santos Teodoro and Argueta Delma Mirian
Current Estimated Value
$932,234

Purchase Details

Listed on
Oct 11, 2018
Closed on
Jul 23, 2019
Sold by
Luxurious Properties Llc
Bought by
Argueta Santos Teodoro and Argueta Delma Mirian
Seller's Agent
Sonia Ramirez
Vikin' Realty
Buyer's Agent
Margarita Rodriguez
Bestway Realty
List Price
$654,999
Sold Price
$645,000
Premium/Discount to List
-$9,999
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$630,850
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 2014
Sold by
Essapour Farzad and F & E 2012 Revocable Trust
Bought by
Luxurious Properties Llc

Purchase Details

Closed on
Oct 17, 2013
Sold by
Luxurious Properties Llc
Bought by
Essapour Farzad and The F & E 2012 Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
2.95%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 8, 2012
Closed on
Nov 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Luxurious Properties Llc
Seller's Agent
Soji Adesida
Estate Properties
Buyer's Agent
John Capiro
Compass
List Price
$309,900
Sold Price
$260,000
Premium/Discount to List
-$49,900
-16.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Dec 2, 2010
Sold by
Ulloa Veronica
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 6, 2010
Sold by
Ulloa Veronica
Bought by
Ulloa Veronica and Veronica Ulloa Revocable Trust

Purchase Details

Closed on
Sep 26, 2007
Sold by
Ulloa Veronica and The Veronica Ulloa Revocable T
Bought by
Ulloa Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2005
Sold by
Ulloa Veronica
Bought by
Ulloa Veronica and Veronica Ulloa Revocable Trust

Purchase Details

Closed on
Nov 18, 2004
Sold by
Huerta Robert
Bought by
Ulloa Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
3.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 26, 2004
Sold by
Huerta Roberto and Huerta Esperanza
Bought by
Huerta Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 1999
Sold by
Huerta Sonia
Bought by
Huerta Robert and Huerta Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,100
Interest Rate
7.05%

Purchase Details

Closed on
Apr 21, 1997
Sold by
Huerta Roberto and Huerta Esperanza
Bought by
Huerta Roberto and Huerta Esperanza
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
Argueta Santos Teodoro -- Corinthian Title
Argueta Santos Teodoro $645,000 North American Title Company
Luxurious Properties Llc -- None Available
Essapour Farzad -- First American Title Company
Luxurious Properties Llc $260,000 Lsi Title Company
Federal National Mortgage Association $422,084 Lsi Title Company
Ulloa Veronica -- None Available
Ulloa Veronica -- First American Title Co La
Ulloa Veronica -- None Available
Ulloa Veronica $357,500 Ctc
Huerta Roberta -- New Century Title
Huerta Robert -- Southland Title Corporation
Huerta Roberto -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Argueta Santos Teodoro $630,850
Previous Owner Essapour Farzad $194,000
Previous Owner Ulloa Veronica $395,000
Previous Owner Ulloa Veronica $321,750
Previous Owner Huerta Roberta $235,000
Previous Owner Huerta Robert $195,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2019 09/12/19 Sold $645,000 -1.5% $253 / Sq Ft
01/31/2019 01/31/19 For Sale $654,999 0.0% $257 / Sq Ft
11/15/2018 11/15/18 Pending -- -- --
10/25/2018 10/25/18 Price Changed $654,999 -0.8% $257 / Sq Ft
10/11/2018 10/11/18 For Sale $659,999 +153.8% $259 / Sq Ft
12/13/2012 12/13/12 Sold $260,000 -16.1% $102 / Sq Ft View Prior Sale
12/07/2012 12/07/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $309,900 -- $121 / 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 $8,622 $705,396 $437,456 $267,940
2024 $8,622 $691,566 $428,879 $262,687
2023 $8,457 $678,007 $420,470 $257,537
2022 $8,068 $664,714 $412,226 $252,488
2021 $7,959 $651,682 $404,144 $247,538
2020 $8,119 $645,000 $400,000 $245,000
2019 $3,749 $287,009 $165,583 $121,426
2018 $3,653 $281,383 $162,337 $119,046
2016 $3,469 $270,458 $156,034 $114,424
2015 $3,422 $266,397 $153,691 $112,706
2014 $3,445 $261,180 $150,681 $110,499
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18248666

California Regional Multiple Listing Service (CRMLS)

APN: 5103-017-010