NOT LISTED FOR SALE

907 E 109th St Los Angeles, CA 90059

Green Meadows Neighborhood

Estimated Value: $568,000 - $713,000

5 Beds
3 Baths
1,478 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $349,000 $236 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,735/month

122 Days on Market

About This Home

As of October 2016

We are proud to present this great property, which features 2 units and sits on a large 5,800-sqft lot. One of the units has 3 bedrooms and 2 bathrooms and the other unit has 2 bedrooms and 1 bathroom. Each unit has 2 parking spaces each with additional ample parking on the street as well. Both units are in good condition. There is a lot of upside potential.

Last Agent to Sell the Property

Steve Eskander

Legacy Estate Agency License #01882957 Listed on: 04/19/2016

Last Buyer's Agent

Roxana Munoz

NextHome Masters License #01343821

NextHome Masters

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946

Lot Details

  • 5,800 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot

Home Design

  • 1,478 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 6478
  • Assessor Parcel Number 6071016005

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,484

Property Details

Home Type

Multi-Family

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 6071016005
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 236.13

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 5800.00
  • Price Per Lot Square Foot: 60.17

Multi Family

  • Gross Income: 2484.00
  • Gross Scheduled Income: 29808.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 5
  • Tax Tract Number: 6478

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Oct 27, 2016
Sold by
Lee Ronald
Bought by
Sierra Lima Echo Llc
Seller's Agent
Steve Eskander
Legacy Estate Agency
Buyer's Agent
Roxana Munoz
NextHome Masters
List Price
$369,000
Sold Price
$349,000
Premium/Discount to List
-$20,000
-5.42%
Current Estimated Value
$629,654

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,654
Avg. Annual Appreciation
6.60%
Original Mortgage
$261,750
Outstanding Balance
$209,842
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$419,812

Purchase Details

Listed on
Apr 19, 2016
Closed on
Oct 9, 2016
Sold by
Jacqadymic Investment Llc
Bought by
Lee Ronald
Seller's Agent
Steve Eskander
Legacy Estate Agency
Buyer's Agent
Roxana Munoz
NextHome Masters
List Price
$369,000
Sold Price
$349,000
Premium/Discount to List
-$20,000
-5.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,750
Outstanding Balance
$209,842
Interest Rate
3.46%
Mortgage Type
New Conventional
Estimated Equity
$419,812

Purchase Details

Closed on
Oct 20, 2014
Sold by
Chuang Jackson
Bought by
Jacqadymic Investment Llc

Purchase Details

Closed on
Feb 11, 2013
Sold by
Chuang Jackson
Bought by
Chuang Jackson and Chuang Margret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2013
Sold by
Chuang Margret
Bought by
Chuang Jackson

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 2012
Sold by
Chuang John and Chee Sulynn
Bought by
Chuang Jackson and Chuang Margret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2011
Sold by
Sellassie Joseph
Bought by
Chuang John and Chee Sulynn

Purchase Details

Closed on
Jun 13, 2007
Sold by
Drex Properties Inc
Bought by
Sellassie Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
9.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2007
Sold by
Drex Properties Inc
Bought by
Drex 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
$481,100
Interest Rate
8.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 22, 2007
Sold by
Sellassie Joseph
Bought by
Drex 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
$481,100
Interest Rate
8.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 17, 2007
Sold by
Drex Properties Inc
Bought by
Drex 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
$481,100
Interest Rate
8.99%
Mortgage Type
Balloon

Purchase Details

Closed on
May 17, 2006
Sold by
The Mueller Qtip Trust
Bought by
Drex 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
$381,500
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2002
Sold by
Mueller Charles A and Mueller Trust
Bought by
Mueller Charles A and Mueller Qtip Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sierra Lima Echo Llc -- None Available
Lee Ronald $349,000 First American Title Company
Jacqadymic Investment Llc -- None Available
Chuang Jackson -- Accommodation
Chuang Jackson -- Pacific Coast Title Company
Chuang Jackson $185,000 North American Title Co Inc
Chuang John $175,000 Orange Coast Title Company
Sellassie Joseph -- Ticor Title Co Brea
Drex Properties Inc -- Ticor Title Co Of California
Drex Properties Inc -- Ticor Title Co Of California
Sellassie Joseph -- Ticor Title Co Of California
Drex Properties Inc -- None Available
Drex Properties Inc $320,000 Investors Title Company
Mueller Charles A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ronald $261,750
Previous Owner Chuang Jackson $144,000
Previous Owner Chuang Jackson $138,750
Previous Owner Sellassie Joseph $438,750
Previous Owner Sellassie Joseph $481,100
Previous Owner Drex Properties Inc $381,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $349,000 -5.4% $236 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $369,000 -- $250 / 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 $5,356 $405,037 $196,135 $208,902
2024 $5,356 $397,096 $192,290 $204,806
2023 $5,258 $389,311 $188,520 $200,791
2022 $5,027 $381,678 $184,824 $196,854
2021 $4,962 $374,195 $181,200 $192,995
2019 $4,819 $363,099 $175,827 $187,272
2018 $4,696 $355,980 $172,380 $183,600
2016 $2,740 $196,290 $106,103 $90,187
2015 $2,699 $193,343 $104,510 $88,833
2014 $2,714 $189,556 $102,463 $87,093
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Steve Eskander

    Legacy Estate Agency

    Section Image

  • R

    Buyer's Agent in 2016

    Roxana Munoz

    NextHome Masters

    (714) 767-8008

    42 Total Sales

    Roxana Munoz
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16082575

California Regional Multiple Listing Service (CRMLS)

APN: 6071-016-005

California Los Angeles County Los Angeles 90059 Green Meadows

907 E 109th St, Los Angeles, CA

Not Listed for Sale

MultiFamily

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