NOT LISTED FOR SALE

Estimated Value: $752,000 - $793,000

4 Beds
3 Baths
2,108 Sq Ft
$370/Sq Ft Est. Value

Last Sold July 24, 2024

Last sale price $765,000 $363 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,453/month

123 Days on Market

Highlights

  • Dual Staircase
  • Laundry Room
  • Fenced
  • No HOA
  • Ceiling Fan
  • Heating System Uses Natural Gas

About This Home

As of July 2024

Price reduced!!Location!! Located minutes away from Downtown Los Angeles, units need some "TLC". Both units will be delivered vacant at COE.
Drive by only. Please do not disturb the Tenants.

Last Agent to Sell the Property

Luis Vasquez

First Home Realty & Prop. Mgt. Brokerage Email: 1sthomerealty@gmail.com License #01279382 Listed on: 01/09/2024

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,590

Year Built

  • Built in 1916

Lot Details

  • 5,069 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,108 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Ceiling Fan
  • Laminate Flooring
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Private Parking
  • Combination Of Materials Used In The Driveway
  • Assigned Parking

Utilities

  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 20
  • Tax Tract Number 231
  • Assessor Parcel Number 5020032005

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $500
  • Water Sewer Expense $1,200
  • Operating Expense $3,500
  • Gross Income $4
  • Net Operating Income $11,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,590

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 382500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1200.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5020032005
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Ceiling Fan(s)
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 362.90
  • Room Type: All Bedrooms Up

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Driveway, Driveway - Combination, Private
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5069.00
  • Lot Size Acres: 0.1164
  • Latitude Manual: 34.00852400

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3.50
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5069.0000 Square Feet
  • Net Operating Income: 11250.00
  • 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: 1200.00
  • Rent Control: Yes
  • Total Expenses: 3500.00

Tax Info

  • Tax Lot: 20
  • Tax Tract Number: 231...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2024
Sold by
Ramos Jerez Hector Eugenio
Bought by
Jerez Hector Eugenio Ramo and De Ramos Hilma
Current Estimated Value
$779,596

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Outstanding Balance
$531,415
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$237,263

Purchase Details

Closed on
Nov 20, 2024
Sold by
Chavarria Mauricio and Chavarria Jose
Bought by
Jerez Hector Eugenio Ramo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,500
Outstanding Balance
$531,415
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$237,263

Purchase Details

Closed on
Nov 7, 2016
Sold by
Chavarris Mauricio
Bought by
Chavarria Mauricio and Chavarria Jose

Purchase Details

Closed on
Dec 30, 2009
Sold by
Dechavarria Emma Luz
Bought by
Chavarria Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 4, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Chavarria Mauricio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 9, 2008
Sold by
Barnes Tony E
Bought by
Hsbc Bank Usa Na and Peoples Choice Home Loan Securities Trus

Purchase Details

Closed on
Jun 14, 2005
Sold by
Ruiz Vilma Aracely
Bought by
Barnes Tony E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 31, 2004
Sold by
Norton George C and Norton Marilyn
Bought by
Ruiz Vilma Aracely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,800
Interest Rate
6.52%
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
Jerez Hector Eugenio Ramo -- None Listed On Document
Jerez Hector Eugenio Ramo -- None Listed On Document
Jerez Hector Eugenio Ramo $765,000 Wfg Title Company
Jerez Hector Eugenio Ramo $765,000 Wfg Title Company
Chavarria Mauricio -- None Available
Chavarria Mauricio -- Chicago Title Company
Chavarria Mauricio $220,000 Chicago Title Company
Hsbc Bank Usa Na $260,000 None Available
Barnes Tony E $410,000 --
Ruiz Vilma Aracely $336,000 California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerez Hector Eugenio Ramo $535,500
Closed Jerez Hector Eugenio Ramo $535,500
Previous Owner Chavarria Mauricio $240,000
Previous Owner Chavarria Mauricio $240,000
Previous Owner Chavarria Mauricio $216,015
Previous Owner Barnes Tony E $467,500
Previous Owner Barnes Tony E $328,000
Previous Owner Ruiz Vilma Aracely $268,800
Closed Ruiz Vilma Aracely $67,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2024 07/24/24 Sold $765,000 0.0% $363 / Sq Ft
05/11/2024 05/11/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $765,000 0.0% $363 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/06/2024 02/06/24 Price Changed $765,000 -4.4% $363 / Sq Ft
01/09/2024 01/09/24 For Sale $800,000 -- $380 / 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 $3,590 $765,000 $500,000 $265,000
2024 $3,590 $278,398 $189,820 $88,578
2023 $3,527 $272,941 $186,099 $86,842
2022 $3,373 $267,590 $182,450 $85,140
2021 $3,318 $262,344 $178,873 $83,471
2019 $3,221 $254,565 $173,568 $80,997
2018 $3,148 $249,574 $170,165 $79,409
2016 $2,991 $239,884 $163,558 $76,326
2015 $2,948 $236,282 $161,102 $75,180
2014 $2,971 $231,655 $157,947 $73,708
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24004542

California Regional Multiple Listing Service (CRMLS)

APN: 5020-032-005