NOT LISTED FOR SALE

9300 Success Ave Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $816,000 - $954,655

4 Beds
2 Baths
2,316 Sq Ft
$387/Sq Ft Est. Value

Last Sold February 07, 2018

Last sale price $555,000 $240 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,571/month

5 Days on Market

About This Home

As of February 2018

The property is a Duplex property. There are 2 bedroom and 1 bathroom in each unit. The property is on huge lot (12,688 square feet) with potential for development. One of the units can be delivered vacant at close of Escrow. There are separate gas and electric meter. Property is sold as is and needs some minor TLC. Rent Control area.

Last Agent to Sell the Property

Chevy Harris

CENTURY 21 REALTY MASTERS License #01999979 Listed on: 01/05/2018

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Chevy Harris

CENTURY 21 REALTY MASTERS License #01999979 Listed on: 01/05/2018

CENTURY 21 REALTY MASTERS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,742

Year Built

  • Built in 1922

Lot Details

  • 0.29 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • 2,316 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 11
  • Assessor Parcel Number 6048001030

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $800
  • Water Sewer Expense $1,000
  • New Taxes Expense $3,965
  • Operating Expense $6,965
  • Gross Income $31,320
  • Net Operating Income $27,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,742

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1000.00
  • Zoning: LAR3
  • Property Type: Residential Income
  • Parcel Number: 6048001030
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 239.64

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 800.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12689.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 31320.00
  • Gross Scheduled Income: 2610.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 27720.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Refrigerator: 1
  • Operating Expense: 3600.00
  • Rent Control: Yes
  • Total Actual Rent: 1318.00
  • Total Expenses: 6965.00

Tax Info

  • New Taxes Expense: 3965.00
  • Tax Census Tract: 2423.00
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2020
Sold by
Ruiz Arnulfo
Bought by
Niteam Corporation
Current Estimated Value
$895,664

Purchase Details

Closed on
Mar 20, 2019
Sold by
Ruiz Ana
Bought by
Ruiz Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$421,948
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$468,079

Purchase Details

Closed on
Jan 29, 2019
Sold by
Niteam Corporation
Bought by
Ruiz Arnulfo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$421,948
Interest Rate
8.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$468,079

Purchase Details

Listed on
Jan 5, 2018
Closed on
Jan 10, 2018
Sold by
Davis Clifford R
Bought by
Niteam Corp
Seller's Agent
Chevy Harris
CENTURY 21 REALTY MASTERS
Buyer's Agent
Chevy Harris
CENTURY 21 REALTY MASTERS
List Price
$495,000
Sold Price
$555,000
Premium/Discount to List
$60,000
12.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.42%
Original Mortgage
$444,000
Interest Rate
3.99%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 15, 2000
Sold by
Davis Clifford R
Bought by
Davis Clifford R and Davis Ella Elaine
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
Niteam Corporation -- Wfg National Title Co Of Ca
Ruiz Arnulfo -- Wfg National Title Co Of Ca
Ruiz Arnulfo -- Wfg National Title Co Of Ca
Niteam Corp $555,000 Wfg National Title Company
Davis Clifford R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Arnulfo $448,000
Previous Owner Niteam Corp $444,000
Previous Owner Davis Clifford R $373,000
Previous Owner Davis Clifford R $356,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2018 02/07/18 Sold $555,000 +12.1% $240 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
01/05/2018 01/05/18 For Sale $495,000 -- $214 / 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 $8,742 $681,930 $487,093 $194,837
2024 $8,742 $668,560 $477,543 $191,017
2023 $8,579 $655,452 $468,180 $187,272
2022 $8,197 $642,600 $459,000 $183,600
2021 $7,543 $583,403 $504,565 $78,838
2020 $7,612 $577,422 $499,392 $78,030
2019 $7,324 $566,100 $489,600 $76,500
2018 $1,690 $92,795 $41,041 $51,754
2016 $1,593 $89,195 $39,449 $49,746
2015 $1,571 $87,856 $38,857 $48,999
2014 $1,587 $86,136 $38,096 $48,040
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Chevy Harris

    CENTURY 21 REALTY MASTERS

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18003766

California Regional Multiple Listing Service (CRMLS)

APN: 6048-001-030

California Los Angeles County Los Angeles 90002 Watts

9300 Success Ave, Los Angeles, CA

This home is located at 9300 Success Ave, Los Angeles, CA 90002 since 05 January 2018 and is currently estimated at $895,664, approximately $386 per square foot. This property was built in 1922. 9300 Success Ave is a home located in Los Angeles County with nearby schools including Ninety-Sixth Street Elementary School, Charles Drew Middle School, and Jordan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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