NOT LISTED FOR SALE

Estimated Value: $644,000 - $912,556

3 Beds
2 Baths
1,865 Sq Ft
$420/Sq Ft Est. Value

Sale Details

Date Sold: February 18, 2022

Last sale price $650,000 $349 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,087 / mo

122 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Laundry Room

About This Home

As of February 2022

Two houses on a lot just blocks from Montebello. Clean and well cared for units with separate one car garages. Corner lot of Hendricks & Allston in the high demand area of East L.A. Close to major shopping , transportation , schools and Saybrook park. Common area rear yard for both units , & fenced front yards. Long term consistent paying tenants with attractive upside potential in rents or live in one and rent the other. Possible conversion of garages into an ADU for additional rental income. Property to be sold with current tenants in place.

Last Agent to Sell the Property

TONY VALDEZ

REALTY ONE GROUP UNITED License #00827179 Listed on: 09/03/2021

REALTY ONE GROUP UNITED

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 5,478 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage

Home Design

  • 1,865 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 9033
  • Assessor Parcel Number 6339018017
  • $1,179 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $384
  • Water Sewer Expense $900
  • Operating Expense $2,084
  • Gross Income $20,952
  • Net Operating Income $18,868

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

5,478 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 900.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6339018017
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 348.53

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 384.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 5478.00
  • Lot Size Acres: 0.1258

Multi Family

  • Gross Income: 20952.00
  • Gross Scheduled Income: 20952.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5478.0000 Square Feet
  • Net Operating Income: 18868.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2084.00
  • Rent Control: Yes
  • Total Expenses: 2084.00

Tax Info

  • Tax Census Tract: 5319.01
  • Tax Lot: 52
  • Tax Tract Number: 9033
  • TaxOtherAnnualAssessmentAmount: 1179.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Feb 10, 2022
Sold by
Bought by
Seller's Agent
TONY VALDEZ
REALTY ONE GROUP UNITED
List Price
$724,900
Sold Price
$650,000
Premium/Discount to List
-$74,900
-10.33%
Current Estimated Value
$782,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,889
Avg. Annual Appreciation
4.23%
Original Mortgage
$520,000
Outstanding Balance
$474,471
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$308,418

Purchase Details

Closed on
Aug 7, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$650,000 Chicago Title
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $520,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $650,000 +0.2% $349 / Sq Ft
01/03/2022 01/03/22 Pending -- -- --
12/27/2021 12/27/21 Price Changed $649,000 -1.5% $348 / Sq Ft
11/29/2021 11/29/21 Price Changed $659,000 -2.9% $353 / Sq Ft
11/05/2021 11/05/21 Price Changed $679,000 -2.9% $364 / Sq Ft
09/30/2021 09/30/21 Price Changed $699,000 -3.6% $375 / Sq Ft
09/03/2021 09/03/21 For Sale $724,900 -- $389 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,403 $689,785 $397,953 $291,832
2024 $9,175 $676,260 $390,150 $286,110
2023 $9,019 $663,000 $382,500 $280,500
2022 $6,579 $464,848 $191,488 $273,360
2021 $6,368 $455,734 $187,734 $268,000
2020 $6,324 $451,062 $185,810 $265,252
2019 $6,141 $442,218 $182,167 $260,051
2018 $6,222 $433,548 $178,596 $254,952
2016 $5,965 $416,714 $171,662 $245,052
2015 $5,637 $410,456 $169,084 $241,372
2014 $5,521 $402,416 $165,772 $236,644
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB21195319

California Regional Multiple Listing Service (CRMLS)

APN: 6339-018-017

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