NOT LISTED FOR SALE

Estimated Value: $623,000 - $852,000

4 Beds
2 Baths
1,530 Sq Ft
$473/Sq Ft Est. Value

Last Sold December 11, 2023

Last sale price $691,000 $452 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,661/month

63 Days on Market

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • Two Homes on a Lot
  • Gated Parking
  • No HOA
  • Wood Frame Window

About This Home

As of December 2023

PRICE TO SELL!!! Very Good Opportunity for Investors!!! Duplex with Two Separate buildings. Plenty of Parking Space To accommodate up to 6 Vehicles.
This property features 2 separate Units with the front unit consisting of 3 Bedrooms 1 Bath, the rear Unit is a 1 1/2 Bedroom 1 Bath. New Foundation, Large Storage Shed In Rear Yard Between Both Units. This property is located near the Historic South Central & 27 Street District. Also Centrally located within minutes of University of Southern California, Coliseum, Exposition Park, Natural History Museum, Crypto.com Arena, LA Fashion District, Thomas Jefferson High School, Downtown Los Angeles & Less than 10 Miles of Sofi Stadium. Easy Access to 5,10, 110, 710 & 60 Freeways to give you many options to reach your desired destinations. Don't Miss This Opportunity to own this duplex in great location to generate Income!

Last Agent to Sell the Property

Henry Martinez

American Nacional Real Estate License #01150508 Listed on: 06/09/2023

Last Buyer's Agent

Erick Medrano

Erick Medrano, Broker License #01913081

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,629

Year Built

  • Built in 1907

Lot Details

  • 5,160 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Rectangular Lot
  • Level Lot

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 1,530 Sq Ft Home
  • 1-Story Property
  • Wood Frame Window
  • Living Room with Fireplace

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jack-and-Jill Bathroom
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway
  • Gated Parking
  • Paved Parking
  • RV Access or Parking

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 63
  • Tax Tract Number 2286
  • Assessor Parcel Number 5115017007
  • $5,579 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $2,100
  • Operating Expense $2,100
  • Gross Income $37,476
  • Net Operating Income $28,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,629

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Price Per Unit: 312500
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Water Sewer Expenses: 2100.00
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5115017007
  • Year Built: 1907
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Copper Plumbing Full
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 451.63
  • Room Type: All Bedrooms Down, Jack & Jill, Kitchen, Laundry, Living Room
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s), Two On A Lot
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete, Paved, Gated, RV Access/Parking, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level
  • Lot Size Sq Ft: 5160.00
  • Lot Size Acres: 0.1185

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 37476.00
  • Gross Scheduled Income: 37476.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5160.0000 Square Feet
  • Net Operating Income: 28600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8876.00
  • Operating Expense Percent: 23.69
  • Rent Control: Yes
  • Total Actual Rent: 3098.00
  • Total Expenses: 2100.00

Tax Info

  • Tax Census Tract: 2286.00
  • Tax Lot: 63
  • Tax Tract Number: 2286
  • TaxOtherAnnualAssessmentAmount: 5579.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Dec 6, 2023
Sold by
Sierra Brandon F Anda
Bought by
Uribe Vanessa Isabel Lopez
Seller's Agent
Henry Martinez
American Nacional Real Estate
Buyer's Agent
Erick Medrano
Erick Medrano, Broker
List Price
$625,000
Sold Price
$691,000
Premium/Discount to List
$66,000
10.56%
Views
276
Current Estimated Value
$723,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,507
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Aug 16, 2023
Sold by
Dela Rosa Kenia Danae
Bought by
Uribe Lopez Vanessa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,937
Interest Rate
7.79%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 19, 2016
Closed on
Mar 20, 2017
Sold by
Torres Jose A
Bought by
Torres Kenia D
Seller's Agent
Javier Feria
JAVIER R. FERIA, BROKER
Buyer's Agent
Javier Feria
JAVIER R. FERIA, BROKER
List Price
$390,000
Sold Price
$430,000
Premium/Discount to List
$40,000
10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.94%
Original Mortgage
$334,400
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 19, 2016
Closed on
Feb 15, 2017
Sold by
Morales Eddy A and Morales Patricia
Bought by
Torres Kenia D
Seller's Agent
Javier Feria
JAVIER R. FERIA, BROKER
Buyer's Agent
Javier Feria
JAVIER R. FERIA, BROKER
List Price
$390,000
Sold Price
$430,000
Premium/Discount to List
$40,000
10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,400
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Lazo Baltazar
Bought by
Morales Eddy A and Morales Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,690
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 21, 2009
Sold by
Lazo Monica
Bought by
Lazo Baltazar

Purchase Details

Closed on
Nov 25, 2009
Sold by
Homesales Inc
Bought by
Lazo Baltazar

Purchase Details

Closed on
May 8, 2008
Sold by
Yepes Elkin Mauricio
Bought by
Jpmorgan Chase Bank Na and Chase Bank Usa Na

Purchase Details

Closed on
Jul 11, 2007
Sold by
Rodriguez Abel
Bought by
Yepes Elkin Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2007
Sold by
Guzman Nancy
Bought by
Rodriguez Abel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 9, 2003
Sold by
Gladie Pamela and Barnett Krista
Bought by
Guzman Nancy
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
Uribe Vanessa Isabel Lopez -- Fidelity National Title
Uribe Lopez Vanessa $691,000 Fidelity National Title
Torres Kenia D -- Pacific Coast Title
Torres Kenia D $418,000 Pacific Coast Title
Morales Eddy A $170,000 Orange Coast Title Company O
Lazo Baltazar -- First American Title Ins Co
Lazo Baltazar $110,000 First American Title Ins Co
Jpmorgan Chase Bank Na $360,000 Accommodation
Yepes Elkin Mauricio $580,000 Commonwealth Land Title Co
Rodriguez Abel $520,000 Ticor Title Co Glendale
Guzman Nancy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uribe Lopez Vanessa $667,937
Previous Owner Torres Kenia D $334,400
Previous Owner Morales Eddy A $165,690
Previous Owner Lazo Baltazar $90,000
Previous Owner Yepes Elkin Mauricio $464,000
Previous Owner Rodriguez Abel $416,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $691,000 +10.6% $452 / Sq Ft
12/06/2023 12/06/23 Price Changed $625,000 0.0% $408 / Sq Ft
11/02/2023 11/02/23 For Sale $625,000 0.0% $408 / Sq Ft
11/01/2023 11/01/23 Price Changed $625,000 0.0% $408 / Sq Ft
10/19/2023 10/19/23 Price Changed $625,000 0.0% $408 / Sq Ft
10/19/2023 10/19/23 For Sale $625,000 0.0% $408 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $625,000 +45.3% $408 / Sq Ft
04/01/2017 04/01/17 Sold $430,000 +10.3% $281 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $390,000 -- $255 / 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 $8,629 $704,820 $550,800 $154,020
2024 $8,629 $691,000 $540,000 $151,000
2023 $5,847 $466,284 $312,344 $153,940
2022 $5,579 $457,142 $306,220 $150,922
2021 $5,506 $448,179 $300,216 $147,963
2020 $5,558 $443,584 $297,138 $146,446
2019 $5,343 $434,887 $291,312 $143,575
2018 $5,232 $426,360 $285,600 $140,760
2016 $2,339 $180,375 $99,206 $81,169
2015 $2,307 $177,666 $97,716 $79,950
2014 $2,327 $174,186 $95,802 $78,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23101860

California Regional Multiple Listing Service (CRMLS)

APN: 5115-017-007