NOT LISTED FOR SALE

9421 Clovis Ave Los Angeles, CA 90002

Green Meadows Neighborhood

Estimated Value: $445,000 - $677,000

1 Bed
1 Bath
1,680 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $340,000 $202 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $3,798/month

69 Days on Market

About This Home

As of October 2014

Great opportunity for first time buyers or great portfolio for investor, property is capable of producing positive cash flow even with FHA financing. Buyers and Buyers agents to do their due diligence, also buyers and buyers agent to find out about rent ordinances in the area. property sold as is.

Last Agent to Sell the Property

Alexandria Felix

VIP Real Estate Firm License #01195677 Listed on: 06/20/2014

Last Buyer's Agent

Joe Maldonado

VIP Real Estate Firm License #00931877

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,711

Year Built

  • Built in 1949

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Two or More Common Walls

Home Design

  • 1,680 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Parking

  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, repairs, trash collection
  • Tax Lot 105
  • Tax Tract Number 8359
  • Assessor Parcel Number 6050012002

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,600
  • New Taxes Expense $4,185
  • Gross Income $3,050
  • Net Operating Income $2,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,711

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562 577 9399
  • Other Phone Number: 562 577 9399
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 6050012002
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 202.38

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size: 50x120
  • Lot Size Sq Ft: 6000.00
  • Lot Size Acres: 0.1380

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Repairs, Trash Collection

Multi Family

  • Gross Income: 3050.00
  • Gross Scheduled Income: 3050.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6000.0000 Square Feet
  • Net Operating Income: 2950.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 100.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4185.00
  • Tax Lot: 105
  • Tax Tract Number: 8359
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2014
Closed on
Sep 22, 2014
Sold by
Escalera Hugo Mario
Bought by
Chavez Alberto
Seller's Agent
Alexandria Felix
VIP Real Estate Firm
Buyer's Agent
Joe Maldonado
VIP Real Estate Firm
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%
Current Estimated Value
$609,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,771
Avg. Annual Appreciation
5.83%
Original Mortgage
$255,000
Outstanding Balance
$195,914
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$434,220

Purchase Details

Listed on
Jun 20, 2014
Closed on
Sep 2, 2014
Sold by
Chavez Lilia
Bought by
Chavez Alberto
Seller's Agent
Alexandria Felix
VIP Real Estate Firm
Buyer's Agent
Joe Maldonado
VIP Real Estate Firm
List Price
$365,000
Sold Price
$340,000
Premium/Discount to List
-$25,000
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Outstanding Balance
$195,914
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$434,220

Purchase Details

Closed on
Sep 14, 2012
Sold by
Escalera Alicia M
Bought by
Escalera Hugo Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 16, 2012
Sold by
Azzure Pacifica Corporation
Bought by
Escalera Hugo Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,837
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 2011
Sold by
U S Bank National Association
Bought by
Azzure Pacifica Corporation

Purchase Details

Closed on
Oct 9, 2009
Sold by
Lima Jorge A
Bought by
Us Bank National Association

Purchase Details

Closed on
May 19, 2008
Sold by
Lima Jorge A
Bought by
Griego Nicholas Fernando

Purchase Details

Closed on
Aug 8, 2005
Sold by
Morales Ana
Bought by
Lima Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 29, 2005
Sold by
Young Mon Han
Bought by
Lima Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 19, 2003
Sold by
Mathenge Brian
Bought by
Young Mon Han

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 1999
Sold by
Wise Investments Llc
Bought by
Mathenge Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,200
Interest Rate
9.75%

Purchase Details

Closed on
Oct 9, 1998
Sold by
Lee Paul
Bought by
Wise Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.69%
Mortgage Type
Stand Alone Second
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
Chavez Alberto $340,000 Old Republic Title Company
Chavez Alberto -- Old Republic Title Company
Escalera Hugo Mario -- Lsi Title Company
Escalera Hugo Mario $285,002 Lsi Title Company
Azzure Pacifica Corporation $165,000 Lsi Title Company Ca
Us Bank National Association $149,000 Accommodation
Griego Nicholas Fernando -- None Available
Lima Jorge A -- Ticor Title Glendale
Lima Jorge A $415,000 Ticor Title Glendale
Young Mon Han $248,000 Southland Title Company
Mathenge Brian $219,000 Southland Title Company
Wise Investments Llc $60,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Alberto $255,000
Previous Owner Escalera Hugo Mario $279,837
Previous Owner Lima Jorge A $90,000
Previous Owner Lima Jorge A $30,000
Previous Owner Lima Jorge A $83,000
Previous Owner Lima Jorge A $332,000
Previous Owner Young Mon Han $198,400
Previous Owner Mathenge Brian $175,200
Previous Owner Wise Investments Llc $25,000
Previous Owner Wise Investments Llc $94,000
Closed Mathenge Brian $32,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2014 10/10/14 Sold $340,000 -6.8% $202 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
06/20/2014 06/20/14 For Sale $365,000 -- $217 / 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 $5,711 $408,621 $240,367 $168,254
2024 $5,711 $400,609 $235,654 $164,955
2023 $5,608 $392,755 $231,034 $161,721
2022 $5,372 $385,054 $226,504 $158,550
2021 $5,301 $377,505 $222,063 $155,442
2019 $5,151 $366,311 $215,478 $150,833
2018 $5,050 $359,129 $211,253 $147,876
2016 $4,816 $345,185 $203,050 $142,135
2015 $4,743 $340,000 $200,000 $140,000
2014 $4,197 $286,293 $185,839 $100,454
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Alexandria Felix

    VIP Real Estate Firm

    Section Image

  • J

    Buyer's Agent in 2014

    Joe Maldonado

    VIP Real Estate Firm

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14130515

California Regional Multiple Listing Service (CRMLS)

APN: 6050-012-002

California Los Angeles County Los Angeles 90002 Green Meadows

9421 Clovis Ave, Los Angeles, CA

This home is located at 9421 Clovis Ave, Los Angeles, CA 90002 since 20 June 2014 and is currently estimated at $609,771, approximately $362 per square foot. This property was built in 1949. 9421 Clovis Ave is a home located in Los Angeles County with nearby schools including Ninety-Ninth Street Elementary School, Charles Drew Middle School, and KIPP Ignite Academy.

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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