NOT LISTED FOR SALE

9304 Holmes Ave Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $728,677 - $872,000

4 Beds
2 Baths
1,506 Sq Ft
$515/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $570,000 $378 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,712/month

1 Day on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Block Wall Fence
  • Separate Outdoor Workshop
  • 3 Detached Carport Spaces
  • Wall Furnace

About This Home

As of December 2020

Great opportunity to own a duplex in a great location. Both units are two bedroom, one bath each, arranged on an ample sized lot with Avocado trees, Lemon trees Orange tree etc. throughout Plenty of room for parking in the front in back Conveniently located near schools, the park, public transportation, etc.

Last Agent to Sell the Property

Francisco Rodriguez

Hamilton Homes Real Estate License #01826255 Listed on: 11/12/2020

Last Buyer's Agent

Francisco Rodriguez

Hamilton Homes Real Estate License #01826255 Listed on: 11/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,859

Year Built

  • Built in 1947

Lot Details

  • 7,153 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,506 Sq Ft Home
  • Window Screens
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • 3 Detached Carport Spaces
  • Parking Available
  • Driveway
  • Paved Parking

Additional Features

  • Separate Outdoor Workshop
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 66
  • Assessor Parcel Number 6048033040

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 $850
  • Trash Expense $600
  • Water Sewer Expense $960
  • New Taxes Expense $7,250
  • Operating Expense $9,660
  • Gross Income $21,600
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,859

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 960.00
  • Zoning: LAR2
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6048033040
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 378.49
  • Room Type: All Bedrooms Down
  • Window Features: Screens

Exterior Features

  • Foundation: Raised
  • Other Structures: Workshop
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 3.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Paved
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • 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: 7153.00
  • Lot Size Acres: 0.1642

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 1800.00
  • Insurance Expense: 850.00
  • Lot Size Area: 7153.0000 Square Feet
  • Net Operating Income: 21600.00
  • 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
  • Operating Expense: 250.00
  • Rent Control: Yes
  • Total Actual Rent: 1800.00
  • Total Expenses: 9660.00

Tax Info

  • New Taxes Expense: 7250.00
  • Tax Lot: 66
  • Tax Tract Number: /

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Dec 7, 2020
Sold by
Lara Jose Luis
Bought by
Pleitez Miguel A and Barbosa Vanessa C
Seller's Agent
Francisco Rodriguez
Hamilton Homes Real Estate
Buyer's Agent
Francisco Rodriguez
Hamilton Homes Real Estate
List Price
$580,000
Sold Price
$570,000
Premium/Discount to List
-$10,000
-1.72%
Current Estimated Value
$775,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,169
Avg. Annual Appreciation
6.52%
Original Mortgage
$559,675
Outstanding Balance
$499,166
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$276,003

Purchase Details

Closed on
Feb 4, 2010
Sold by
Villegas Laura P
Bought by
Reme Holdings Llc

Purchase Details

Closed on
Oct 5, 2005
Sold by
Gonzalez Modesto and Mejia Belia
Bought by
Villegas Laura P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
7.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2000
Sold by
Batista Maria and Gonzalez Raymundo
Bought by
Gonzalez Modesto

Purchase Details

Closed on
May 25, 1995
Sold by
Gonzales Modesto and Mejia Belia
Bought by
Gonzales Modesto

Purchase Details

Closed on
May 23, 1995
Sold by
Ruvalcaba Francisco
Bought by
Gonzalez Modesto

Purchase Details

Closed on
Jan 13, 1994
Sold by
Ruvalcaba Aurora
Bought by
Ruvalcaba Francisco

Purchase Details

Closed on
Sep 21, 1993
Sold by
Camacho Ignacio and Rodriguez Donato F
Bought by
Gonzales Modesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,371
Interest Rate
7.16%
Mortgage Type
FHA
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
Pleitez Miguel A $570,000 Wfg Title Company Of Ca
Reme Holdings Llc -- None Available
Villegas Laura P $485,000 First American Title Ins Co
Gonzalez Modesto -- --
Gonzales Modesto -- --
Gonzalez Modesto -- --
Ruvalcaba Francisco -- Southland Title
Gonzales Modesto $150,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pleitez Miguel A $559,675
Previous Owner Villegas Laura P $388,000
Previous Owner Gonzales Modesto $148,371
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $570,000 -1.7% $378 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $580,000 -- $385 / 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 $7,859 $616,983 $487,093 $129,890
2024 $7,859 $604,887 $477,543 $127,344
2023 $7,711 $593,028 $468,180 $124,848
2022 $7,365 $581,400 $459,000 $122,400
2021 $7,273 $570,000 $450,000 $120,000
2020 $4,142 $304,577 $187,434 $117,143
2019 $3,989 $298,606 $183,759 $114,847
2018 $3,880 $292,752 $180,156 $112,596
2016 $3,694 $281,386 $173,161 $108,225
2015 $3,638 $277,160 $170,560 $106,600
2014 $3,655 $271,731 $167,219 $104,512
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2020

    Francisco Rodriguez

    Hamilton Homes Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20238427

California Regional Multiple Listing Service (CRMLS)

APN: 6048-033-040

California Los Angeles County Los Angeles 90002 Watts

9304 Holmes Ave, Los Angeles, CA

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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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