L
Seller's Agent in 2017
Lee Markus Alli
Exquisite Estates, Inc.
(626) 991-2300
16 Total Sales
904 W 73rd St Unit 1 Los Angeles, CA 90044
Vermont Knolls NeighborhoodEstimated Value: $956,000 - $1,219,000
8
Beds
5
Baths
3,564
Sq Ft
$314/Sq Ft
Est. Value
About This Home
As of August 2017Great opportunity to own this HUGE cash producing 4-plex. All units have 2 bedrooms + 1 bathroom (except one unit has 1 & 3/4 bathrooms). No common walls as the stairwell is in the center of the building and divides the units. Calling all you FHA buyers out there who want to maximize your owner occupied first time buyer low down payment programs. The seller already has one unit vacant and ready for you to live in. Collect rent from the other 3 units and it will help you pay for your mortgage. How can you beat that? Please obtain a loan estimate from your lender so you know what your monthly payments will be. Current rents from the 3 units are $3,646/mo. ($1204, $1221, $1221). Or if you are an investor, rent out the 4th unit right away for maximum rental income. No need to bother with low rental units only to raise the rent 3% per year due to rent control. It will take years to reach your maximum potential. With this property, the seller has done the work for you and all units are pushing max rents. Start earning top dollar today! With the 4th unit rented (for example $1,300), you are already pushing $4,946+/mo. That's some great monthly income. Not to mention another potentially $150/mo if you install a coin washer/dryer in the onsite laundry room ready to go with the hook-ups in place. There are also 4 parking spaces in the back. Individually metered so tenants pay water and gas.
Last Agent to Sell the Property
Exquisite Estates, Inc. License #01167620 Listed on: 06/15/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,891
Year Built
- Built in 1964
Lot Details
- 5,600 Sq Ft Lot
- No Common Walls
- Front Yard
Home Design
- 3,564 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 5 Bathrooms
Laundry
- Laundry Room
- Laundry Located Outside
- Washer and Gas Dryer Hookup
Parking
- Parking Available
- Assigned Parking
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 18
- Tax Tract Number 18
- Assessor Parcel Number 6020004018
Community Details
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $600
- Water Sewer Expense $4,200
- New Taxes Expense $8,737
- Operating Expense $15,037
- Net Operating Income $48,552
Additional Features
- 4 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 15, 2017
Closed on
Aug 1, 2017
Sold by
Hawthorne Frederick
Bought by
Hawthorne Andrea
Seller's Agent
Lee Markus Alli
Exquisite Estates, Inc.
Buyer's Agent
Lee Markus Alli
Exquisite Estates, Inc.
List Price
$699,000
Sold Price
$699,000
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
$420,410
Avg. Annual Appreciation
5.71%
Original Mortgage
$519,000
Outstanding Balance
$433,402
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$661,574
Purchase Details
Listed on
Jun 15, 2017
Closed on
Jul 7, 2017
Sold by
Alli Neil
Bought by
Hawthorne Andrea
Seller's Agent
Lee Markus Alli
Exquisite Estates, Inc.
Buyer's Agent
Lee Markus Alli
Exquisite Estates, Inc.
List Price
$699,000
Sold Price
$699,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,000
Outstanding Balance
$433,402
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$661,574
Purchase Details
Closed on
Oct 19, 2010
Sold by
Fannie Mae
Bought by
Alli Neil
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,543
Interest Rate
4.33%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 5, 2010
Sold by
Owairu Patrick
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Feb 2, 2007
Sold by
Pro Value Properties Inc
Bought by
Owairu Patrick
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$501,600
Interest Rate
6.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 6, 2006
Sold by
Duruji Charles
Bought by
Pro Value Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.32%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 13, 2005
Sold by
Udeoji Austin E
Bought by
Duruji Charles
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Jul 27, 2004
Sold by
Iwuh Osgood and Iwuh Julie
Bought by
Udeoji Austin E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,200
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 25, 2004
Sold by
Iwuh Osgood and Iwuh Julie
Bought by
Iwuh Osgood
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,400
Interest Rate
7.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 18, 2002
Sold by
Hud
Bought by
Iwuh Osgood
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
5.88%
Purchase Details
Closed on
Jul 24, 2001
Sold by
First Nationwide Mtg Corp
Bought by
Huv
Purchase Details
Closed on
Mar 6, 1998
Sold by
Garcia Jose M and Garcia Emma Luz
Bought by
Trujillo Jose
Purchase Details
Closed on
Feb 25, 1997
Sold by
Garcia Jose M and Garcia Emma Luz
Bought by
Garcia Jose M
Purchase Details
Closed on
Dec 10, 1996
Sold by
Batres Jose Martin
Bought by
Garcia Jose M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,882
Interest Rate
7.74%
Mortgage Type
FHA
Purchase Details
Closed on
May 15, 1995
Sold by
Orellana Maria Emma
Bought by
Batres Jose Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.88%
Purchase Details
Closed on
Apr 24, 1995
Sold by
Orellana Maria Emma
Bought by
Orellana Maria Emma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
7.88%
Purchase Details
Closed on
Apr 28, 1994
Sold by
Emc Mtg Corp
Bought by
Orellana Maria Emma
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.25%
Purchase Details
Closed on
Dec 1, 1993
Sold by
Great Western Bank
Bought by
Emc Mtg Corp
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 |
|---|---|---|---|
| Hawthorne Andrea | -- | Lawyers Title | |
| Hawthorne Andrea | $699,000 | Lawyers Title | |
| Alli Neil | $320,000 | Old Republic Title Company | |
| Federal National Mortgage Association | $553,432 | Landsafe Title | |
| Owairu Patrick | $627,000 | Fidelity National Title Co | |
| Pro Value Properties Inc | $482,290 | None Available | |
| Duruji Charles | $600,000 | United Title Co | |
| Udeoji Austin E | $425,000 | Gateway Title Company | |
| Iwuh Osgood | -- | United Title Company | |
| Iwuh Osgood | $290,000 | -- | |
| Huv | -- | Commerce Title Company | |
| First Nationwide Mtg Corp | $242,123 | Benefit Land Title Ins Co | |
| Trujillo Jose | -- | -- | |
| Garcia Jose M | -- | -- | |
| Garcia Jose M | $230,000 | Stewart Title | |
| Batres Jose Martin | -- | California Counties Title Co | |
| Orellana Maria Emma | -- | -- | |
| Orellana Maria Emma | $149,000 | Fidelity National Title Ins | |
| Emc Mtg Corp | $92,000 | Fidelity National Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hawthorne Andrea | $519,000 | |
| Previous Owner | Alli Neil | $298,000 | |
| Previous Owner | Alli Neil | $315,543 | |
| Previous Owner | Owairu Patrick | $501,600 | |
| Previous Owner | Pro Value Properties Inc | $250,000 | |
| Previous Owner | Duruji Charles | $150,000 | |
| Previous Owner | Duruji Charles | $450,000 | |
| Previous Owner | Udeoji Austin E | $305,200 | |
| Previous Owner | Iwuh Osgood | $392,400 | |
| Previous Owner | Iwuh Osgood | $53,500 | |
| Previous Owner | Iwuh Osgood | $261,000 | |
| Previous Owner | Garcia Jose M | $221,882 | |
| Previous Owner | Batres Jose Martin | $161,000 | |
| Previous Owner | Orellana Maria Emma | $118,800 | |
| Closed | Udeoji Austin E | $87,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/03/2017 08/03/17 | Sold | $699,000 | 0.0% | $196 / Sq Ft |
| 06/15/2017 06/15/17 | For Sale | $699,000 | -- | $196 / 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 |
|---|---|---|---|---|
| 2025 | $9,891 | $795,338 | $580,292 | $215,046 |
| 2024 | $9,891 | $779,744 | $568,914 | $210,830 |
| 2023 | $9,709 | $764,456 | $557,759 | $206,697 |
| 2022 | $9,273 | $749,468 | $546,823 | $202,645 |
| 2021 | $9,143 | $734,773 | $536,101 | $198,672 |
| 2020 | $9,231 | $727,239 | $530,604 | $196,635 |
| 2019 | $8,876 | $712,980 | $520,200 | $192,780 |
| 2018 | $8,765 | $699,000 | $510,000 | $189,000 |
| 2016 | $4,479 | $346,321 | $238,096 | $108,225 |
| 2015 | $4,418 | $341,120 | $234,520 | $106,600 |
| 2014 | $4,374 | $334,439 | $229,927 | $104,512 |
Source: Public Records
Agents Affiliated with this Home
-
Lee Markus Alli
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR17135285
APN: 6020-004-018
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.
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
- 823 W 73rd St
- 944 W 74th St
- 815 W 74th St
- 945 W 75th St
- 914 W 71st St
- 848 W 75th St
- 7427 S Hoover St
- 7515 S Vermont Ave
- 7011 Bonsallo Ave
- 727 W 76th St
- 726 W 76th St
- 7705 S Vermont Ave
- 839 W 69th St
- 601 W 74th St
- 608 W 75th St
- 602 W 75th St
- 7039 Denver Ave
- 7819 S Hoover St
- 7416 S Figueroa St
- 722 W 79th St