NOT LISTED FOR SALE

Estimated Value: $793,000 - $942,312

5 Beds
3 Baths
2,060 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $730,000 $354 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,282/month

31 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Living Room
  • Tile Flooring
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • 4-minute walk to Toberman Park

About This Home

As of December 2021

Seller is motivated to sell this duplex that sits on a huge LR3 8,671 sqft lot. In the heart of it all this property is blocks away from Convention Center, Staples Center and close to USC and 110 freeway. This property has lots of potential including an opportunity to build/expand or live in one and rent the other unit out. Front unit is a 2 bedroom 2 bath and back unit is a 3 bedroom 1 bath both units will be delivered vacant at the close of escrow.

Last Agent to Sell the Property

Dounia Zamora

eXp Realty of California Inc. License #01932642 Listed on: 08/21/2021

eXp Realty of California Inc.

Last Buyer's Agent

Cecilia Hernandez

Cecilia Hernandez, Broker License #01874239

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,047

Year Built

  • Built in 1902

Lot Details

  • 4,248 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Interior Spaces

  • 2,060 Sq Ft Home
  • Living Room
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 10 / 7
  • Tax Tract Number 7
  • Assessor Parcel Number 5135027013
  • $284 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $400
  • Water Sewer Expense $1,500
  • New Taxes Expense $12,500
  • Operating Expense $34,800
  • Gross Income $72,000
  • Net Operating Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,047

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Price Per Unit: 365000
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 5135027013
  • Year Built: 1902
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Price Per Square Foot: 354.37
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 4248.00
  • Lot Size Acres: 0.0975

Multi Family

  • Gross Income: 72000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 4248.0000 Square Feet
  • Net Operating Income: 37200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 34800.00
  • Rent Control: Yes
  • Total Expenses: 34800.00

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Block: 7
  • Tax Census Tract: 2242.00
  • Tax Lot: 10
  • Tax Tract Number: 7
  • TaxOtherAnnualAssessmentAmount: 284.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Dec 2, 2021
Sold by
Jackson Charlton E and Jackson Joita
Bought by
Jackson Joita and Jackson Charlton
Seller's Agent
Dounia Zamora
eXp Realty of California Inc.
Buyer's Agent
Cecilia Hernandez
Cecilia Hernandez, Broker
List Price
$729,999
Sold Price
$730,000
Premium/Discount to List
$1
0.0%
Current Estimated Value
$893,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,828
Avg. Annual Appreciation
5.03%

Purchase Details

Closed on
Sep 29, 2021
Sold by
Borrego Jasmine T
Bought by
Jackson Charlton E and Jackson Joita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,797
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2013
Sold by
Borrego Jasmine I
Bought by
Borrego Jasmine I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2004
Sold by
Borrego Jasmine
Bought by
Borrego Jasmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 26, 2004
Sold by
Borrego Santiago D
Bought by
Borrego Jasmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Jackson Joita -- Accommodation
Jackson Charlton E $730,000 Fidelity National Title Co
Borrego Jasmine I -- None Available
Borrego Jasmine -- Fidelity National Title
Borrego Jasmine -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Charlton E $450,797
Previous Owner Borrego Jasmine I $160,000
Previous Owner Borrego Jasmine $160,000
Previous Owner Borrego Jasmine $127,000
Previous Owner Borrego Jasmine $127,000
Previous Owner Borrego Santiago D $18,409
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $730,000 0.0% $354 / Sq Ft
12/02/2021 12/02/21 Price Changed $729,999 0.0% $354 / Sq Ft
10/18/2021 10/18/21 Price Changed $729,999 0.0% $354 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $729,999 0.0% $354 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $729,999 -- $354 / 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 $5,047 $403,258 $371,422 $31,836
2024 $5,047 $395,352 $364,140 $31,212
2023 $4,956 $387,600 $357,000 $30,600
2022 $4,735 $380,000 $350,000 $30,000
2021 $1,530 $112,779 $53,518 $59,261
2019 $1,488 $109,436 $51,932 $57,504
2018 $1,404 $107,291 $50,914 $56,377
2016 $1,319 $103,127 $48,938 $54,189
2015 $1,301 $101,579 $48,203 $53,376
2014 $1,319 $99,590 $47,259 $52,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV21185265

California Regional Multiple Listing Service (CRMLS)

APN: 5135-027-013