NOT LISTED FOR SALE

950 S Kern Ave Los Angeles, CA 90022

Estimated Value: $742,000 - $911,780

5 Beds
3 Baths
2,073 Sq Ft
$397/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $787,888 $380 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,099/month

13 Days on Market

Highlights

  • Traditional Architecture
  • 1-Story Property
  • Central Heating and Cooling System
  • James A. Garfield Senior High School Rated A
  • 1 Detached Carport Space
  • Gated Home

About This Home

As of February 2024

This property is a fixer and will have both units delivered vacant. The seller may require up to 45 day lease back. This is an opportunity to pick up a multi-family property that is perfect for an investor or owner-user. Shown by appointment only and will need 48 hours notice.

Last Agent to Sell the Property

Brock Worthen

Keller Williams Realty Los Feliz License #01351221 Listed on: 12/05/2023

Keller Williams Realty Los Feliz

Last Buyer's Agent

JAMES ESCAMILLA

CENTURY 21 MASTERS License #02026285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,543

Year Built

  • Built in 1961

Lot Details

  • 6,577 Sq Ft Lot
  • Gated Home

Home Design

  • Traditional Architecture
  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,073 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • 1 Detached Carport Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5246-021-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,543

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2073
  • Lot Acreage: 0.1510
  • Probate: No
  • Property Condition: Fixer
  • Year Built: 1961
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 349.73

Exterior Features

  • Other Structures: None
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Other Spaces: 4
  • Covered Parking: 1
  • Parking Garage: Driveway, Carport Detached, Driveway - Combination
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated
  • Water: Public

Lot Info

  • Assessed Improvement Percent: 42.86
  • Assessed Improvement Value: 221056
  • Assessed Land Percent: 57.14
  • Assessed Land Value: 294745
  • Total Assessed Value: 515801
  • Assessor Parcel Number: 5246-021-025
  • Lot Size Area: 6577

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: detached
  • Vacancy Rate: 0

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2023
Closed on
Jan 4, 2024
Sold by
Nava Edward Daniel and Guzman Irene Diane
Bought by
Cano Maria J Flores
Seller's Agent
Brock Worthen
Keller Williams Realty Los Feliz
Buyer's Agent
JAMES ESCAMILLA
CENTURY 21 MASTERS
List Price
$725,000
Sold Price
$787,888
Premium/Discount to List
$62,888
8.67%
Views
48
Current Estimated Value
$821,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,057
Avg. Annual Appreciation
4.17%
Original Mortgage
$630,310
Outstanding Balance
$619,806
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$219,264

Purchase Details

Closed on
Mar 28, 2018
Sold by
Nava Edward Daniel and Guzman Irene Diane
Bought by
Nava Edward Daniel and Guzman Irene Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2006
Sold by
Nava Eddie Daniel
Bought by
Nava Eddie Daniel and Guzman Irene Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Sanchez John R and Peru Tomilene S
Bought by
Nava Eddie Daniel and Guzman Irene Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Sanchez Roque R and Sanchez Nellie Y
Bought by
Sanchez Roque R and Sanchez Nellie Y
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Cano Maria J Flores $788,000 Wfg National Title
Nava Edward Daniel -- Lawyers Title Company
Nava Eddie Daniel -- First Southwestern Title Ca
Nava Eddie Daniel -- First Southwestern Title Ca
Nava Eddie Daniel $385,000 First Southwestern Title Com
Sanchez Roque R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cano Maria J Flores $630,310
Previous Owner Guzman Irene $40,000
Previous Owner Guzman Irene $20,000
Previous Owner Nava Edward Daniel $400,000
Previous Owner Nava Eddie Daniel $422,000
Previous Owner Nava Eddie Daniel $346,500
Closed Nava Eddie Daniel $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $787,888 +8.7% $380 / Sq Ft
12/18/2023 12/18/23 Pending -- -- --
12/05/2023 12/05/23 For Sale $725,000 -- $350 / Sq Ft
Source: The MLS

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 $7,543 $803,760 $562,632 $241,128
2024 $7,543 $526,116 $300,639 $225,477
2023 $7,250 $515,801 $294,745 $221,056
2022 $6,923 $505,688 $288,966 $216,722
2021 $6,840 $495,773 $283,300 $212,473
2020 $6,888 $490,691 $280,396 $210,295
2019 $6,637 $481,071 $274,899 $206,172
2018 $6,473 $471,639 $269,509 $202,130
2016 $6,278 $453,327 $259,045 $194,282
2015 $6,185 $446,518 $255,154 $191,364
2014 $6,187 $437,772 $250,156 $187,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-337389

The MLS

APN: 5246-021-025