NOT LISTED FOR SALE

941 S Woods Ave Los Angeles, CA 90022

Estimated Value: $772,000 - $1,003,000

3 Beds
2 Baths
1,828 Sq Ft
$481/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $549,000 $300 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $5,510/month

51 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Tudor Architecture
  • James A. Garfield Senior High School Rated A
  • Wood Flooring
  • Stone Countertops

About This Home

As of November 2016

GREAT OPPORTUNITY TO BECOME A HOME OWNER WITH RENTAL INCOME, TAKE ADVANTAGE OF THE HISTORICALLY LOW INTEREST RATES- The property is located in a family onriented neighborhood with walking distance to shopping, transportation, restaurants, supermarkets, schools and more. Front HOUSE with a wide open floor plan offers a foyer, hardwood flooring, base boards, oversize windows that let plenty of natural light indoors, Mom will enjoy the open remodeled kitchen with stone counter tops and recessed lighting, large bar with seating, formal dinging room for your family gatherings, hallway linen closet for extra storage, the remodeled bathroom offers slate flooring, glass shower doors and more. It is truly one of a kind property plus you'll have the additional income from the apartment in the rear. CALL AND TAKE ACTION BEFORE IT'S TOO LATE, INTEREST RATES WILL GO UP.

Last Agent to Sell the Property

Angel Moreno

Century 21 Allstars License #01312680 Listed on: 09/13/2016

Century 21 Allstars

Last Buyer's Agent

Paul Kelly

Paul A. Kelly License #01448981

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,752

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 7,713 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Fence is in fair condition
  • Landscaped
  • Lawn

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • Uncovered Parking
  • Unassigned Parking

Home Design

  • Tudor Architecture
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Partial Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,828 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Drapes & Rods
  • Window Screens
  • Formal Entry
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Gas Water Heater
  • Satellite Dish
  • TV Antenna

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 47
  • Tax Tract Number 9436
  • Assessor Parcel Number 5245002008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $900
  • Insurance Expense $1,200
  • New Taxes Expense $6,500
  • Gross Income $1,000
  • Net Operating Income $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,752

Year Built

Built in 1940 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • View: No
  • Architectural Style: Tudor
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 5245002008
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Copper Plumbing Partial, Recessed Lighting, Stone Counters, Unfurnished
  • Stories: 1
  • Entry Location: Ground Level
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 300.33
  • Room Type: Formal Entry, Foyer
  • Window Features: Drapes, Screens

Exterior Features

  • Foundation: FHA Approved, Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting, Satellite Dish, TV Antenna
  • Fencing: Chain Link, Fair Condition
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Frame, Plaster, Stucco

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage - Single Door, Unassigned, Uncovered
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Floor Furnace
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn, Landscaped, Lot 6500-9999, Near Public Transit
  • Lot Size Sq Ft: 7713.00
  • Price Per Lot Square Foot: 71.18

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average Studio Area: 400
  • Electric Expense: 900.00
  • Gross Income: 1000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 900.00
  • 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: 100.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6500.00
  • Tax Lot: 47
  • Tax Tract Number: 9436

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2016
Closed on
Sep 20, 2016
Sold by
Navarro Loren and Navarro Alejandro
Bought by
Ibarra Ibarra Elvis N Elvis N and Ibarra Bonilla Erendira
Seller's Agent
Angel Moreno
Century 21 Allstars
Buyer's Agent
Paul Kelly
Paul A. Kelly
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$879,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,053
Avg. Annual Appreciation
5.63%
Original Mortgage
$539,056
Interest Rate
3.42%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 28, 2010
Sold by
Navarro Abel A and Navarro Loren
Bought by
Navarro Loren and Navarro Alejandro

Purchase Details

Closed on
Feb 18, 2002
Sold by
Sandoval Santos and Sandoval Martha H
Bought by
Navarro Abel A and Navarro Loren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.87%
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
Ibarra Ibarra Elvis N Elvis N $549,000 Old Republic Title Company
Navarro Loren -- None Available
Navarro Abel A $245,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barra Elvis N $523,000
Closed Ibarra Elvis N $533,276
Previous Owner Ibarra Ibarra Elvis N Elvis N $539,056
Previous Owner Navarro Abel A $55,000
Previous Owner Navarro Abel A $25,000
Previous Owner Navarro Abel A $256,500
Previous Owner Navarro Abel A $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $549,000 0.0% $300 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $549,000 0.0% $300 / Sq Ft
08/23/2016 08/23/16 Off Market $549,000 -- --
08/01/2016 08/01/16 For Sale $549,000 -- $300 / 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 $8,752 $637,154 $350,494 $286,660
2024 $8,752 $624,662 $343,622 $281,040
2023 $8,437 $612,415 $336,885 $275,530
2022 $8,050 $600,408 $330,280 $270,128
2021 $7,958 $588,636 $323,804 $264,832
2020 $8,018 $582,601 $320,484 $262,117
2019 $7,719 $571,178 $314,200 $256,978
2018 $7,579 $559,980 $308,040 $251,940
2016 $4,543 $305,731 $187,185 $118,546
2015 $4,478 $301,140 $184,374 $116,766
2014 $4,483 $295,242 $180,763 $114,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16168302

California Regional Multiple Listing Service (CRMLS)

APN: 5245-002-008