NOT LISTED FOR SALE

9322 Holmes Ave Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $1,008,000 - $1,272,000

8 Beds
7 Baths
3,204 Sq Ft
$355/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $685,000 $214 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $7,044/month

19 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Tile Flooring
  • Granite Countertops
  • Laundry Room
  • 2 Car Garage

About This Home

As of April 2017

Investor's Delight! This property is a multi-family unit with 2 units on the property. Each unit has 4 spacious bedrooms, 3 charming bathrooms each. Property has been well maintained since it's been built late 2013. Kitchen countertops to complement the tiles in the kitchen and living room. Behind the garage has a permitted recreation room about 300 sf. Unit has been rented for additional fee in the past. Buyer to verify for all permit information.

Last Agent to Sell the Property

Edwin Wen

RE/MAX 2000 REALTY License #01885711 Listed on: 03/17/2017

RE/MAX 2000 REALTY

Last Buyer's Agent

Eduardo Ramirez Ortiz

No Firm Affiliation License #01914206

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,826

Year Built

  • Built in 2013

Lot Details

  • 7,153 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Shared Driveway
  • Assigned Parking

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,204 Sq Ft Home
  • 2-Story Property
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Property is near public transit
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 62
  • Tax Tract Number 2422
  • Assessor Parcel Number 6048033014

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $67,680
  • Net Operating Income $60,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,826

Year Built

Built in 2013

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6048033014
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Entry Location: 1st floor
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 213.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Shared Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 7153.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 67680.00
  • Gross Scheduled Income: 67680.00
  • Net Operating Income: 60912.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 6768.00
  • Rent Control: No
  • Total Actual Rent: 5668.00

Tax Info

  • Tax Census Tract: 2422.00
  • Tax Lot: 62
  • Tax Tract Number: 2422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2021
Sold by
Hovsepyan Hagop and Klamirian Sam
Bought by
Escalante Fabiola V
Current Estimated Value
$1,136,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,750
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 26, 2017
Sold by
Klamirian Linda G
Bought by
Klamirian Sam
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Eduardo Ramirez Ortiz
No Firm Affiliation
List Price
$665,000
Sold Price
$685,000
Premium/Discount to List
$20,000
3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$513,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 19, 2017
Sold by
Chang Robert
Bought by
Hovsepyan Hagop and Klamirian Sam
Seller's Agent
Edwin Wen
RE/MAX 2000 REALTY
Buyer's Agent
Eduardo Ramirez Ortiz
No Firm Affiliation
List Price
$665,000
Sold Price
$685,000
Premium/Discount to List
$20,000
3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2013
Sold by
Lu Mary
Bought by
Chang Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2013
Sold by
Pm Developments Llc
Bought by
Chang Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2012
Sold by
Sunset Equity Partners Llc
Bought by
Pm Developments Llc

Purchase Details

Closed on
Oct 18, 2012
Sold by
Hostrup Beverly and Estate Of Elizabeth Blackmon
Bought by
Sunset Equity Partners Llc
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
Escalante Fabiola V $865,000 Lawyers Title Company
Klamirian Sam -- Fidelity National Title Co
Hovsepyan Hagop -- Fidelity National Title Co
Hovsepyan Hagop $685,000 Fidelity National Title Co
Chang Robert -- Title 365
Chang Robert $490,000 Title 365
Pm Developments Llc $130,000 Title 365
Sunset Equity Partners Llc $130,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escalante Fabiola V $727,500
Closed Escalante Fabiola V $648,750
Previous Owner Hovsepyan Hagop $578,000
Previous Owner Hovsepyan Hagop $513,750
Previous Owner Chang Robert $343,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $685,000 +3.0% $214 / Sq Ft
04/05/2017 04/05/17 Pending -- -- --
03/17/2017 03/17/17 For Sale $665,000 -- $208 / 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 $11,826 $936,302 $432,972 $503,330
2024 $11,826 $917,944 $424,483 $493,461
2023 $11,604 $899,946 $416,160 $483,786
2022 $11,081 $882,300 $408,000 $474,300
2021 $10,508 $828,857 $321,660 $507,197
2020 $10,607 $820,359 $318,362 $501,997
2019 $10,167 $712,674 $312,120 $400,554
2018 $8,916 $698,700 $306,000 $392,700
2016 $6,544 $507,410 $207,106 $300,304
2015 $6,448 $499,790 $203,996 $295,794
2014 $6,472 $490,000 $200,000 $290,000
Source: Public Records

Agents Affiliated with this Home

  • Edwin Wen

    Seller's Agent in 2017

    Edwin Wen

    RE/MAX

    (909) 539-8561

    21 Total Sales

    Edwin Wen
    Section Image

  • E

    Buyer's Agent in 2017

    Eduardo Ramirez Ortiz

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17043148

California Regional Multiple Listing Service (CRMLS)

APN: 6048-033-014

California Los Angeles County Los Angeles 90002 Watts

9322 Holmes Ave, Los Angeles, CA

This home is located at 9322 Holmes Ave, Los Angeles, CA 90002 since 17 March 2017 and is currently estimated at $1,136,987, approximately $354 per square foot. This property was built in 2013. 9322 Holmes Ave is a home located in Los Angeles County with nearby schools including Ninety-Second 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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