NOT LISTED FOR SALE

923 S La Verne Ave Los Angeles, CA 90022

Estimated Value: $626,000 - $764,602

3 Beds
2 Baths
1,202 Sq Ft
$591/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $565,000 $470 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,526/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Corner Lot
  • Front Porch
  • James A. Garfield Senior High School Rated A
  • Fenced Yard
  • Bathtub with Shower

About This Home

As of December 2021

INVESTOR ALERT! Looking for your next renovation project or dreaming of an opportunity to bring your best HGTV remodeling dreams to reality? Well, look no further! This East Los Angeles duplex offers a front 2 BR / 1 BA unit that will be delivered VACANT and a rear 1 BR / 1 BA unit that is currently leased, which may help provide immediate income to offset your holding costs! Seller has done the upfront work and can provide recent home inspection, etc. for potential buyers to review. The front unit has a living room with faux fireplace with hearth; a kitchen just waiting for redesign; dining area; 2 bedrooms adjacent a hallway bathroom; and indoor laundry area and exterior access storage area. The back unit is 1 BR / 1 BA with living / dining / kitchen combo and exterior laundry hook ups. Off-street parking is available. Mature trees and a fully fenced lot also add appeal! This property is located only one block to dining, retail, mass transportation, services, and entertainment! Home is for sale AS IS / WHERE IS and is an interesting opportunity for a new owner / investor!

Last Agent to Sell the Property

Roddy de la Garza

eXp Realty of Greater Los Angeles License #01995374 Listed on: 09/30/2021

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Alfredo Guzman

License #01407137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,137

Year Built

  • Built in 1928

Lot Details

  • 4,116 Sq Ft Lot
  • East Facing Home
  • Fenced Yard
  • Corner Lot
  • Rectangular Lot
  • Property is zoned LCP*

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,202 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Utility Room
  • Property Views

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Carport
  • Driveway

Additional Features

  • Front Porch
  • City Lot
  • Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5245-006-025

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,137

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Exclusions: Any and all personal items or appliances, drapes, rods, security equipment owned by the tenant.
  • Living Area: 1202
  • Lot Acreage: 0.0945
  • Probate: No
  • Property Condition: Fixer
  • Stories: 1
  • Year Built: 1928
  • Number Of Photos: 18
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Built-Ins
  • Flooring: Laminate, Tile
  • Bedrooms: 3
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Counter Top
  • Laundry: Inside, Outside
  • Total Bathrooms: 2.00
  • Den: 0
  • Inclusions: None
  • Price Per S Q F T: 457.49

Exterior Features

  • Direction Faces: East
  • Other Features: Two On A Lot
  • Other Structures: None
  • Patio: Porch - Front
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: Walk Street
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Carport, Driveway
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 60.00
  • Assessed Improvement Value: 69605
  • Assessed Land Percent: 40
  • Assessed Land Value: 46399
  • Total Assessed Value: 116004
  • Assessor Parcel Number: 5245-006-025
  • Lot Description: Fenced Yard, Lot Shape-Rectangular, Walk Street
  • Lot Location: City, Corner Lot
  • Lot Size Area: 4116

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 24, 2021
Sold by
Unoz Virginia and Connelly Nympha
Bought by
Hunter Courtney M and Houston Kevin Lamar
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
Buyer's Agent
Alfredo Guzman
List Price
$549,900
Sold Price
$565,000
Premium/Discount to List
$15,100
2.75%
Current Estimated Value
$690,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,927
Avg. Annual Appreciation
6.36%
Original Mortgage
$585,525
Outstanding Balance
$539,493
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$170,408
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
Hunter Courtney M $565,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Courtney M $19,460
Closed Hunter Courtney M $24,013
Closed Hunter Courtney M $20,657
Open Hunter Courtney M $35,971
Open Hunter Courtney M $585,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $565,000 +2.7% $470 / Sq Ft
10/09/2021 10/09/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $549,900 -- $457 / 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 $9,137 $599,582 $424,483 $175,099
2024 $9,137 $587,826 $416,160 $171,666
2023 $7,915 $576,300 $408,000 $168,300
2022 $7,550 $565,000 $400,000 $165,000
2021 $2,400 $117,205 $46,879 $70,326
2019 $2,343 $113,731 $45,490 $68,241
2018 $2,264 $111,502 $44,599 $66,903
2016 $2,174 $107,174 $42,868 $64,306
2015 $2,146 $105,566 $42,225 $63,341
2014 $2,153 $103,499 $41,398 $62,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-790398

The MLS

APN: 5245-006-025