NOT LISTED FOR SALE

Estimated Value: $731,000 - $893,000

3 Beds
2 Baths
1,522 Sq Ft
$557/Sq Ft Est. Value

Last Sold October 17, 2023

Last sale price $325,000 $214 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,796/month

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of October 2023

This is what investors call, "Ching-Ching!" Located in the heart of South LA, minutes from Inglewood and LAX, this property is sure to excite even the pickiest of buyers. Two detached properties, perfect for a family in need of two separate spaces. The front unit is in fair condition, the back unit needs some TLC. Property to be sold in as-is condition.

Last Agent to Sell the Property

Immanuel Fears

easz realty License #01821181 Listed on: 05/15/2023

Last Buyer's Agent

Immanuel Fears

easz realty License #01821181 Listed on: 05/15/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,222

Year Built

  • Built in 1925

Lot Details

  • 5,804 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,522 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 129
  • Tax Tract Number 923
  • Assessor Parcel Number 6038014031
  • $322 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $1,250
  • Net Operating Income $1,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,222

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Price Per Unit: 274950
  • Property Attached: No
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6038014031
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Stories: 1
  • Entry Location: Ground Level w/steps
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 213.53

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5804.00
  • Lot Size Acres: 0.1332

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 1250.00
  • Gross Scheduled Income: 1250.00
  • Lot Size Area: 5804.0000 Square Feet
  • Net Operating Income: 1250.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Actual Rent: 1250.00

Tax Info

  • Tax Census Tract: 2403.02
  • Tax Lot: 129
  • Tax Tract Number: 923
  • TaxOtherAnnualAssessmentAmount: 322.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2025
Sold by
Angeleno Homes Llc
Bought by
Hernandez Ivania Carolina Cer
Current Estimated Value
$847,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,242
Outstanding Balance
$849,126
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
-$1,833

Purchase Details

Listed on
May 15, 2023
Closed on
Sep 18, 2023
Sold by
Spraggins Walter
Bought by
Spraggins Martha T
Seller's Agent
Immanuel Fears
easz realty
Buyer's Agent
Immanuel Fears
easz realty
List Price
$600,000
Sold Price
$325,000
Premium/Discount to List
-$275,000
-45.83%
Views
86

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
60.70%

Purchase Details

Listed on
May 15, 2023
Closed on
Aug 29, 2023
Sold by
Spraggins Martha T
Bought by
Angeleno Home Llc
Seller's Agent
Immanuel Fears
easz realty
Buyer's Agent
Immanuel Fears
easz realty
List Price
$600,000
Sold Price
$325,000
Premium/Discount to List
-$275,000
-45.83%
Views
86

Purchase Details

Closed on
Dec 12, 1999
Sold by
Wright Raymond E
Bought by
Wright Raymond E and Spraggins Martha T
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
Hernandez Ivania Carolina Cer $870,000 None Listed On Document
Spraggins Martha T -- Fidelity National Title
Angeleno Home Llc $325,000 Fidelity National Title
Wright Raymond E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Ivania Carolina Cer $854,242
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2023 10/17/23 Sold $325,000 -40.9% $214 / Sq Ft
06/22/2023 06/22/23 Price Changed $549,900 0.0% $361 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $549,900 -8.4% $361 / Sq Ft
05/15/2023 05/15/23 For Sale $600,000 -- $394 / 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 $4,222 $331,500 $306,000 $25,500
2024 $4,222 $325,000 $300,000 $25,000
2023 $660 $34,806 $19,053 $15,753
2022 $642 $34,125 $18,680 $15,445
2021 $622 $33,457 $18,314 $15,143
2020 $622 $33,435 $18,127 $15,308
2019 $608 $32,787 $17,772 $15,015
2018 $520 $32,151 $17,424 $14,727
2016 $482 $30,598 $16,749 $13,849
2015 $476 $30,139 $16,498 $13,641
2014 $493 $29,549 $16,175 $13,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN23084285

California Regional Multiple Listing Service (CRMLS)

APN: 6038-014-031