NOT LISTED FOR SALE

Estimated Value: $681,000 - $779,732

5 Beds
4 Baths
1,630 Sq Ft
$435/Sq Ft Est. Value

Sale Details

Date Sold: January 20, 2021

Last sale price $545,000 $334 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,484 / mo

77 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Zero Lot Line
  • Traditional Architecture
  • Tile Flooring
  • Ceiling Fan

About This Home

As of January 2021

Great investment opportunity with great rate of return and great cash flow. Duplex located near Downtown LA. Centrally located to all.
Duplex has wrought iron gate with a long deep driveway and detached garage. Front unit has 3 bedroom, 2 bath and rear unit has 2 bed room, ,1 bath
Possible room for ADU.

Last Agent to Sell the Property

Angela Parekh

Pinnacle Estate Properties License #01186271 Listed on: 07/28/2020

Pinnacle Estate Properties

Last Buyer's Agent

Angela Parekh

Pinnacle Estate Properties License #01186271 Listed on: 07/28/2020

Pinnacle Estate Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 7,007 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Chain Link Fence
  • Fence is in average condition
  • Density is up to 1 Unit/Acre
  • Zero Lot Line

Parking

  • 2 Car Garage
  • Driveway
  • On-Street Parking
  • Unassigned Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Additions or Alterations
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,630 Sq Ft Home
  • Ceiling Fan

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Location

  • Urban Location

Utilities

  • Standard Electricity
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 9 / B
  • Tax Tract Number 27
  • Assessor Parcel Number 5103021027

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Fuel Expense $960
  • Insurance Expense $1,090
  • Water Sewer Expense $3,600
  • New Taxes Expense $6,750
  • Operating Expense $12,400
  • Gross Income $55,344
  • Net Operating Income $42,944

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

7,007 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • View: No
  • Water Sewer Expenses: 3600.00
  • Zoning: LAR2
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations, Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5103021027
  • Year Built: 1905
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Ceiling Fan(s), Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 334.36
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition, Chain Link, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Street, Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Water Connected
  • Laundry: No
  • Electric: Standard
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Zero Lot Line
  • Lot Size Sq Ft: 7007.00
  • Lot Size Acres: 0.1609

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 960.00
  • Gross Income: 55344.00
  • Gross Multiplier: 9.76
  • Gross Scheduled Income: 55344.00
  • Insurance Expense: 1090.00
  • Lot Size Area: 7007.0000 Square Feet
  • Net Operating Income: 42944.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 12400.00
  • Rent Control: Yes
  • Total Actual Rent: 4450.00
  • Total Expenses: 12400.00

Tax Info

  • New Taxes Expense: 6750.00
  • Tax Block: B
  • Tax Census Tract: 2294.20
  • Tax Lot: 9
  • Tax Tract Number: 027

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
May 31, 2017
Closed on
Jun 28, 2017
Sold by
Bought by
Seller's Agent
Alvaro Rodriguez
RE/MAX One
Buyer's Agent
Ricardo Arias
IET Real Estate
List Price
$440,000
Sold Price
$462,000
Premium/Discount to List
$22,000
5%
Current Estimated Value
$709,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,183
Avg. Annual Appreciation
4.85%
Original Mortgage
$453,632
Outstanding Balance
$378,356
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$330,827

Purchase Details

Closed on
Mar 23, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Bought by

Purchase Details

Closed on
Feb 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
7.15%

Purchase Details

Closed on
Oct 17, 1998
Sold by
Bought by
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

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
$462,000 Wfg National Title Company
-- Gateway Title Company
-- Gateway Title Company
-- None Available
$106,700 Sutic
-- --
-- Fidelity National Title Co
-- --
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 $453,632
Previous Owner $265,000
Previous Owner $235,000
Previous Owner $136,800
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 Prior Sale
01/20/2021 01/20/21 Sold $545,000 0.0% $334 / Sq Ft
10/16/2020 10/16/20 Price Changed $545,000 +0.9% $334 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $540,000 -0.8% $331 / Sq Ft
08/05/2020 08/05/20 Price Changed $544,490 -0.1% $334 / Sq Ft
07/28/2020 07/28/20 For Sale $545,000 +18.0% $334 / Sq Ft
07/14/2017 07/14/17 Sold $462,000 +5.0% $283 / Sq Ft View Prior Sale
06/06/2017 06/06/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $440,000 -- $270 / 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 $7,437 $589,923 $351,789 $238,134
2024 $7,292 $578,357 $344,892 $233,465
2023 $7,154 $567,018 $338,130 $228,888
2022 $6,826 $555,900 $331,500 $224,400
2021 $6,042 $485,642 $346,888 $138,754
2020 $6,100 $480,664 $343,332 $137,332
2019 $5,866 $471,240 $336,600 $134,640
2018 $5,774 $462,000 $330,000 $132,000
2016 $5,330 $435,666 $229,608 $206,058
2015 $5,252 $429,123 $226,160 $202,963
2014 $5,279 $420,718 $221,730 $198,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20149159

California Regional Multiple Listing Service (CRMLS)

APN: 5103-021-027

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