8811 Baring Cross St Los Angeles, CA 90044
Vermont Vista NeighborhoodEstimated Value: $627,691 - $861,000
3
Beds
3
Baths
1,500
Sq Ft
$490/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- No HOA
- Laundry Room
About This Home
As of September 2022Excellent investment opportunity, 3 units, all units 1 bedrooms and 1 bathroom. It features a spacious open kitchen with new cabinets and quartz countertops. The bedrooms are newly painted, laminated wood floors cross all the units. Almost fully remodeled, rear parking with 6 spaces. Close to schools, transportation, freeways, shops, etc. Minutes from the SoFi Stadium. Great opportunity for Airbnb. Dont miss this opportunity. Investors delight
Last Agent to Sell the Property
THE GREAT REAL ESTATE COMPANY License #02007052 Listed on: 07/12/2022
Last Buyer's Agent
Rania Suroor
Terra Conejo Properties Inc. License #01718118
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,702
Year Built
- Built in 1949
Lot Details
- 5,128 Sq Ft Lot
- Two or More Common Walls
- Density is up to 1 Unit/Acre
Parking
- 6 Car Garage
- Parking Available
- Uncovered Parking
Home Design
- 1,500 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 3 Bedrooms
- All Bedrooms Down
- 3 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
Listing and Financial Details
- Tax Lot 159
- Tax Tract Number 3354
- Assessor Parcel Number 6038021016
- $348 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Electric Expense $700
- Insurance Expense $500
- Trash Expense $600
- Water Sewer Expense $700
- Operating Expense $2,500
- Gross Income $40,208
- Net Operating Income $40,208
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 19, 2021
Closed on
Jun 30, 2021
Sold by
Tellez Luis Angel Castaneda
Bought by
Rodriguez David
Seller's Agent
ALEXANDER POLANCO
THE GREAT REAL ESTATE COMPANY
Buyer's Agent
ALEXANDER POLANCO
THE GREAT REAL ESTATE COMPANY
List Price
$700,000
Sold Price
$670,000
Premium/Discount to List
-$30,000
-4.29%
Total Days on Market
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,673
Avg. Annual Appreciation
2.40%
Original Mortgage
$50,000
Outstanding Balance
$45,856
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$688,817
Purchase Details
Listed on
Aug 7, 2020
Closed on
Jan 14, 2021
Sold by
Tukasa Inc
Bought by
Tellez Luis Angel Castaneda
Seller's Agent
Jehu Salazar
Executive Bankers Realty
Buyer's Agent
ALEXANDER POLANCO
THE GREAT REAL ESTATE COMPANY
List Price
$589,900
Sold Price
$550,000
Premium/Discount to List
-$39,900
-6.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.18%
Original Mortgage
$412,500
Interest Rate
2.71%
Mortgage Type
Commercial
Purchase Details
Closed on
May 5, 2020
Sold by
Salazar Jehu and Salazar Danaysy
Bought by
Tukasa Inc
Purchase Details
Closed on
Sep 23, 2016
Sold by
Sanchez Jessica A Davila
Bought by
Salazar Jehu and Salazar Danaysy
Purchase Details
Closed on
Apr 24, 2014
Sold by
Salazar Jorge L
Bought by
Sanchez Jessica A Davila
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
May 8, 2007
Sold by
Lizarraga Rodolfo and Lizarraga Irma
Bought by
Salazar Jorge L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
6.12%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Dec 19, 2003
Sold by
Lizarraga Loreto and Barraza Emilio
Bought by
Lizarraga Rodolfo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 2000
Sold by
Lucas Gregory B
Bought by
Lizarraga Loreto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,610
Interest Rate
8.13%
Mortgage Type
FHA
Purchase Details
Closed on
May 26, 1999
Sold by
Duran Robert
Bought by
Lucas Gregory B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.86%
Purchase Details
Closed on
May 25, 1999
Sold by
Lucas Kerry
Bought by
Lucas Gregory B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
6.86%
Purchase Details
Closed on
Jul 9, 1998
Sold by
Wilshrie Funding Corp
Bought by
Duran Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7%
Purchase Details
Closed on
May 8, 1998
Sold by
Velasquez Arturo and Velasquez Irma
Bought by
Wilshire Funding Corp
Purchase Details
Closed on
May 14, 1997
Sold by
Gomez Arturo
Bought by
Velasquez Arturo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,281
Interest Rate
7.92%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 16, 1996
Sold by
American City Mtg Corp
Bought by
Gomez Arturo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
7.67%
Similar Homes in Los Angeles, CA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rodriguez David | $620,000 | Orange Coast Ttl Co Of Socal | |
| Tellez Luis Angel Castaneda | $550,000 | Usa National Title Co | |
| Tukasa Inc | -- | Wfg Title Company | |
| Salazar Jehu | -- | None Available | |
| Sanchez Jessica A Davila | $270,000 | Pacific Coast Title Company | |
| Salazar Jorge L | $490,000 | North American Title Co | |
| Salazar Jorge L | -- | North American Title Co | |
| Lizarraga Rodolfo | -- | United Title | |
| Lizarraga Loreto | $170,000 | Benefit Land Title Company | |
| Lucas Gregory B | $137,000 | Chicago Title | |
| Lucas Gregory B | -- | Chicago Title | |
| Duran Robert | $130,000 | Benefit Land Title Company | |
| Wilshire Funding Corp | $108,000 | Benefit Land Title Ins Co | |
| Velasquez Arturo | $225,000 | Fidelity National Title | |
| Gomez Arturo | $92,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rodriguez David | $50,000 | |
| Closed | Rodriguez David | $465,000 | |
| Previous Owner | Tellez Luis Angel Castaneda | $412,500 | |
| Previous Owner | Jarbouh Saleh J | $22,000 | |
| Previous Owner | Salazar Jehu | $297,000 | |
| Previous Owner | Sanchez Jessica A Davila | $265,109 | |
| Previous Owner | Salazar Jorge L | $98,000 | |
| Previous Owner | Salazar Jorge L | $391,999 | |
| Previous Owner | Lizarraga Rodolfo | $70,000 | |
| Previous Owner | Lizarraga Rodolfo | $270,000 | |
| Previous Owner | Lizarraga Rodolfo | $198,000 | |
| Previous Owner | Lizarraga Loreto | $168,610 | |
| Previous Owner | Lucas Gregory B | $61,000 | |
| Previous Owner | Duran Robert | $119,000 | |
| Previous Owner | Velasquez Arturo | $150,000 | |
| Previous Owner | Velasquez Arturo | $217,281 | |
| Previous Owner | Gomez Arturo | $82,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2022 09/23/22 | Sold | $600,000 | -2.4% | $400 / Sq Ft |
| 08/08/2022 08/08/22 | Pending | -- | -- | -- |
| 07/28/2022 07/28/22 | Price Changed | $615,000 | -6.8% | $410 / Sq Ft |
| 07/12/2022 07/12/22 | For Sale | $660,000 | -1.5% | $440 / Sq Ft |
| 07/16/2021 07/16/21 | Sold | $670,000 | -4.3% | $453 / Sq Ft |
| 05/21/2021 05/21/21 | Pending | -- | -- | -- |
| 05/19/2021 05/19/21 | For Sale | $700,000 | +27.3% | $473 / Sq Ft |
| 01/26/2021 01/26/21 | Sold | $550,000 | +0.2% | $372 / Sq Ft |
| 08/25/2020 08/25/20 | Price Changed | $549,000 | -6.9% | $371 / Sq Ft |
| 08/07/2020 08/07/20 | For Sale | $589,900 | +227.7% | $399 / Sq Ft |
| 05/30/2013 05/30/13 | Sold | $180,000 | -5.3% | $122 / Sq Ft |
| 01/10/2013 01/10/13 | Pending | -- | -- | -- |
| 01/10/2013 01/10/13 | For Sale | $190,000 | -- | $128 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $7,702 | $612,000 | $428,400 | $183,600 |
| 2023 | $7,560 | $600,000 | $420,000 | $180,000 |
| 2022 | $8,090 | $670,000 | $536,000 | $134,000 |
| 2021 | $4,128 | $321,658 | $214,439 | $107,219 |
| 2020 | $4,167 | $318,361 | $212,241 | $106,120 |
| 2019 | $4,012 | $312,120 | $208,080 | $104,040 |
| 2018 | $3,910 | $306,000 | $204,000 | $102,000 |
| 2016 | $3,495 | $274,117 | $172,592 | $101,525 |
| 2015 | $3,447 | $270,000 | $170,000 | $100,000 |
| 2014 | $6,779 | $535,534 | $382,525 | $153,009 |
Source: Public Records
Agents Affiliated with this Home
-
ALEXANDER POLANCO
A
Seller's Agent in 2022
ALEXANDER POLANCO
THE GREAT REAL ESTATE COMPANY
(323) 422-7286
3 in this area
28 Total Sales
-
R
Buyer's Agent in 2022
Rania Suroor
Terra Conejo Properties Inc.
(805) 218-8944
1 in this area
8 Total Sales
-
Jehu Salazar
J
Seller's Agent in 2021
Jehu Salazar
Executive Bankers Realty
(323) 353-4093
1 in this area
8 Total Sales
-
A
Seller Co-Listing Agent in 2021
ALYSSA JENSEN
THE GREAT REAL ESTATE COMPANY
(213) 419-0901
1 in this area
2 Total Sales
-
A
Buyer Co-Listing Agent in 2021
ALONDRA CASTILLO SALAZAR
THE GREAT REAL ESTATE COMPANY
-
Pieter Van Der Mark
Seller's Agent in 2013
Pieter Van Der Mark
Dream Home Realty.com
(562) 244-8808
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22152661
APN: 6038-021-016
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