NOT LISTED FOR SALE

Estimated Value: $545,000 - $630,000

2 Beds
2 Baths
1,056 Sq Ft
$553/Sq Ft Est. Value

Last Sold April 29, 2016

Last sale price $299,000 $283 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,572/month

75 Days on Market

About This Home

As of April 2016

Duplex located within minutes from the Green Meadows Recreation Center, Shopping and Restaurants. Excellent exposure, 5 miles east of the future NFL stadium and minutes away from Downtown LA Live. Property has potential in becoming an income producing rental. Back unit is currently tenant occupied and front unit is owner occupied. Owner to vacate at time of closing. **Plenty of uncovered parking in the rear. Shown by appointment only. Do Not Disturb Occupants. 48 hours for Appointment or submit offer subject to interior inspection. All offers to be presented with pre-approval letter and proof of funds on RPA contract. Thank you in advance for showing property and I look forward to working with you. Information herein is not confirmed by Listing Broker and it is Buyer's responsibility to verify and rely on their own findings.

Last Agent to Sell the Property

Ivan Simonet

Realty Excel License #01206267 Listed on: 01/13/2016

Last Buyer's Agent

Ivan Simonet

Realty Excel License #01206267 Listed on: 01/13/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,745

Year Built

  • Built in 1955

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 40x120
  • West Facing Home

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 6042-013-015

Community Details

Overview

  • 2 Units
  • Ivan Simonet Association

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,745

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Location: Living Room
  • Living Area: 1056
  • Lot Dimensions: 40x120
  • Probate: No
  • Stories: 1
  • Year Built: 1955
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 283.14

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Stucco
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 4
  • Garage Structures: 0
  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Sewer: In Street Paid
  • Water: In Street
  • Water Heaters: Yes

Condo/Co-op/Association

  • Management Company: Ivan Simonet
  • Mgmt Co Phone: 323-403-8374

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 39.39
  • Assessed Improvement Value: 67931
  • Assessed Land Percent: 60.61
  • Assessed Land Value: 104510
  • Total Assessed Value: 172441
  • Assessor Parcel Number: 6042-013-015
  • Geocode Override: No
  • Lot Location: Alley Access
  • Lot Size Area: 4800

Rental Info

  • Garage Rental Rate: 0
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Tax Info

  • Private Transfer Taxes: No

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2020
Sold by
Ramirez Jorge A
Bought by
Ramirez Jorge A and Ivory Charmaine M
Total Days on Market
75
Current Estimated Value
$583,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,784
Outstanding Balance
$303,049
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$280,665

Purchase Details

Listed on
Jan 13, 2016
Closed on
Apr 26, 2016
Sold by
Baltzgar Charles Dell
Bought by
Ramirez Jorge A
Seller's Agent
Ivan Simonet
Realty Excel
Buyer's Agent
Ivan Simonet
Realty Excel
List Price
$310,000
Sold Price
$299,000
Premium/Discount to List
-$11,000
-3.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$293,584
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 31, 2012
Closed on
Feb 17, 2012
Sold by
Coldwater Canyon Income Partners Llc
Bought by
Baltzgar Charles Dell
Seller's Agent
Alexandria Felix
VIP Real Estate Firm
Buyer's Agent
Anthony Milanes
The Realty Group
List Price
$160,000
Sold Price
$165,000
Premium/Discount to List
$5,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.69%
Original Mortgage
$168,547
Interest Rate
3.83%
Mortgage Type
VA

Purchase Details

Closed on
Jul 27, 2010
Sold by
Coldwater Canyon Income Partners Llc
Bought by
Coldwater Canyon Income Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,700
Interest Rate
4.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2010
Sold by
Cross Jacqueline
Bought by
Coldwater Canyon Income Partners Llc

Purchase Details

Closed on
Jul 23, 2003
Sold by
Bassett Junious
Bought by
Cross Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramirez Jorge A -- Western Resources Title Co
Ramirez Jorge A $299,000 Fidelity Sherman Oaks
Baltzgar Charles Dell $165,000 Lawyers Title Company
Coldwater Canyon Income Partners Llc -- Fidelity National Title Co
Coldwater Canyon Income Partners Llc $104,196 None Available
Cross Jacqueline $155,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Jorge A $339,784
Closed Ramirez Jorge A $341,880
Closed Ramirez Jorge A $293,584
Previous Owner Baltzgar Charles Dell $171,444
Previous Owner Baltzgar Charles Dell $168,547
Previous Owner Coldwater Canyon Income Partners Llc $380,700
Previous Owner Cross Jacqueline $310,046
Previous Owner Cross Jacqueline $30,000
Previous Owner Cross Jacqueline $240,000
Previous Owner Cross Jacqueline $216,000
Previous Owner Cross Jacqueline $185,000
Previous Owner Cross Jacqueline $159,200
Closed Cross Jacqueline $39,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2016 04/29/16 Sold $299,000 -3.5% $283 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $310,000 +87.9% $294 / Sq Ft
04/01/2012 04/01/12 Sold $165,000 +3.1% $156 / Sq Ft
02/13/2012 02/13/12 Pending -- -- --
01/31/2012 01/31/12 For Sale $160,000 -- $152 / Sq Ft
Source: The MLS

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 $4,745 $353,947 $201,242 $152,705
2024 $4,745 $347,008 $197,297 $149,711
2023 $4,659 $340,205 $193,429 $146,776
2022 $4,456 $333,536 $189,637 $143,899
2021 $4,400 $326,997 $185,919 $141,078
2019 $4,275 $317,640 $180,405 $137,235
2018 $4,185 $311,419 $176,868 $134,551
2016 $2,436 $175,069 $106,103 $68,966
2015 $2,399 $172,441 $104,510 $67,931
2014 $2,412 $169,064 $102,463 $66,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-972005

The MLS

APN: 6042-013-015