NOT LISTED FOR SALE

8938 Orchard Ave Los Angeles, CA 90044

Vermont Vista Neighborhood

Estimated Value: $725,000 - $820,000

6 Beds
3 Baths
1,798 Sq Ft
$425/Sq Ft Est. Value

Last Sold June 25, 2015

Last sale price $380,000 $211 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,639/month

7 Days on Market

About This Home

As of June 2015

2007 construction, 3 bedroom 2 bath unit with detached 2 car garage. Unit was added with permits. This beautiful property has tons of curb appeal and charm. The front unit is a 3 bed 1 bath unit with a very clean, friendly tenant paying $1,450/month. Seller will not be delivering the occupied unit vacant, however you will want this lovely family to stay and help pay the mortgage! (Buyer to verify rent control status, possible neither unit is subject to rent control due to the year built of 2nd unit). Both units have been recently updated. Kitchen in the owner's unit easily fits a dining table and there is a separate laundry room. Check the comps, this is one of the lowest priced duplexes on the west side.

Last Agent to Sell the Property

John Chelius

Property Works RE, Inc. License #01936287 Listed on: 05/08/2015

Last Buyer's Agent

David Kubes

Realty Masters & Associates License #01300813

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,723

Year Built

  • Built in 2007

Lot Details

  • 5,790 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,798 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 1189
  • Assessor Parcel Number 6038015037

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $150
  • Insurance Expense $100
  • Trash Expense $100
  • Water Sewer Expense $100
  • Gross Income $1,450
  • Net Operating Income $1,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,723

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Parcel Number: 6038015037
  • Year Built: 2007
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5790.00
  • Price Per Lot Square Foot: 65.63
  • Lot Size Acres: 0.1330

Multi Family

  • Electric Expense: 150.00
  • Gross Income: 1450.00
  • Gross Scheduled Income: 1450.00
  • Insurance Expense: 100.00
  • Lot Size Area: 5790.0000 Square Feet
  • Net Operating Income: 1000.00
  • 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: 450.00
  • Rent Control: No

Tax Info

  • Tax Lot: 46
  • Tax Tract Number: 1189
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Girgis Wasim S
Bought by
Girgis Wasim S and The Wg Trust
Current Estimated Value
$763,950

Purchase Details

Listed on
May 8, 2015
Closed on
Jun 12, 2015
Sold by
Sfr 2012-1 U S West Llc
Bought by
Girgis Wasim S
Seller's Agent
John Chelius
Property Works RE, Inc.
Buyer's Agent
David Kubes
Realty Masters & Associates
List Price
$339,000
Sold Price
$380,000
Premium/Discount to List
$41,000
12.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$285,000
Outstanding Balance
$222,460
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$568,288

Purchase Details

Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012-1 Us West Llc

Purchase Details

Closed on
Oct 5, 2010
Sold by
Cerda Guy
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 1, 2007
Sold by
Kissane Stephen B
Bought by
Cerda Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2007
Sold by
Kissane Veronica Mary
Bought by
Kissane Stephen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.14%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 6, 2007
Sold by
Williams Mary F
Bought by
Kissane Stephen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.14%
Mortgage Type
Construction

Purchase Details

Closed on
May 13, 2006
Sold by
Williams Mary F
Bought by
Williams Mary F and The Mary F Williams Revocable Trust

Purchase Details

Closed on
May 15, 2003
Sold by
Williams Mary F
Bought by
Williams Mary F and William 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
$105,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 1999
Sold by
Williams Mary F
Bought by
Williams Mary F and The Williams Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Girgis Wasim S -- None Available
Girgis Wasim S $380,000 Ticor Title Riverside
Sfr 2012-1 Us West Llc -- First American Title Ins Co
Federal National Mortgage Association $432,780 Landsafe Title
Cerda Guy $555,000 Itc Gln
Kissane Stephen B -- First American Title Co
Kissane Stephen B $360,000 First American Title Co
Williams Mary F -- None Available
Williams Mary F -- Orange Coast Title
Williams Mary F -- Orange Coast Title
Williams Mary F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girgis Wasim S $285,000
Previous Owner Cerda Guy $82,500
Previous Owner Cerda Guy $417,000
Previous Owner Kissane Stephen B $420,000
Previous Owner Williams Mary F $105,000
Previous Owner Williams Mary F $93,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2015 06/25/15 Sold $380,000 +12.1% $211 / Sq Ft
05/15/2015 05/15/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $339,000 -- $189 / 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 $5,723 $456,694 $264,403 $192,291
2024 $5,723 $447,740 $259,219 $188,521
2023 $5,620 $438,962 $254,137 $184,825
2022 $5,370 $430,355 $249,154 $181,201
2021 $5,296 $421,918 $244,269 $177,649
2019 $5,142 $409,406 $237,025 $172,381
2018 $5,036 $401,379 $232,378 $169,001
2016 $4,806 $385,795 $223,355 $162,440
2015 $2,651 $204,921 $153,691 $51,230
2014 -- $200,908 $150,681 $50,227
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Chelius

    Property Works RE, Inc.

    (310) 722-0360

    6 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    David Kubes

    Realty Masters & Associates

    (909) 980-6100

    24 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15098514

California Regional Multiple Listing Service (CRMLS)

APN: 6038-015-037

California Los Angeles County Los Angeles 90044 Vermont Vista

8938 Orchard Ave, Los Angeles, CA

This home is located at 8938 Orchard Ave, Los Angeles, CA 90044 since 08 May 2015 and is currently estimated at $763,950, approximately $424 per square foot. This property was built in 2007. 8938 Orchard Ave is a home located in Los Angeles County with nearby schools including Manchester Avenue Elementary School, Bret Harte Preparatory Middle School, and KIPP Empower Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes