NOT LISTED FOR SALE

9508 Pace Ave Los Angeles, CA 90002

Estimated Value: $585,408 - $674,000

3 Beds
2 Baths
1,104 Sq Ft
$568/Sq Ft Est. Value

Last Sold February 29, 2016

Last sale price $305,000 $276 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $3,838/month

About This Home

As of February 2016

Beautiful Turnkey two units in the heart of La! This one won't last! One bed and one bathroom & two bed/one bathroom.Upgrades includes windows,flooring ,paint interior/exterior, Brand new kitchen cabinets, Vanity and granite-countertops! This is the perfect starter home or investment for great cash flow!! Don't miss out on this one..

Last Agent to Sell the Property

Oscar Jara

SoCal 5 Real Estate License #01229428 Listed on: 01/26/2016

Last Buyer's Agent

Carlos Hidalgo

Re/Max Top Producers License #01268921

Re/Max Top Producers

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,460

Year Built

  • Built in 1930

Lot Details

  • 4,685 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage

Home Design

  • 1,104 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 165
  • Tax Tract Number 6384
  • Assessor Parcel Number 6049012022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,440
  • Insurance Expense $660
  • Trash Expense $588
  • Water Sewer Expense $480
  • Gross Income $2,150
  • Net Operating Income $22,752

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,460

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 480.00
  • Property Type: Residential Income
  • Parcel Number: 6049012022
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 276.27

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Laundry Features: Outside
  • Trash Expense: 588.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4685.00
  • Price Per Lot Square Foot: 65.10
  • Lot Size Acres: 0.1080

Multi Family

  • Electric Expense: 1440.00
  • Gross Income: 2150.00
  • Gross Scheduled Income: 24000.00
  • Insurance Expense: 660.00
  • Lot Size Area: 4685.0000 Square Feet
  • Net Operating Income: 22752.00
  • 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: 1248.00
  • Rent Control: No

Tax Info

  • Tax Lot: 165
  • Tax Tract Number: 6384

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2016
Closed on
Jan 29, 2016
Sold by
Ramirez Juan C
Bought by
Shaterian Amir
Seller's Agent
Oscar Jara
SoCal 5 Real Estate
Buyer's Agent
Carlos Hidalgo
Re/Max Top Producers
List Price
$299,000
Sold Price
$305,000
Premium/Discount to List
$6,000
2.01%
Current Estimated Value
$620,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,917
Avg. Annual Appreciation
7.90%
Original Mortgage
$228,750
Outstanding Balance
$182,663
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$444,189

Purchase Details

Closed on
Apr 12, 2011
Sold by
Magana Lucia
Bought by
Ramirez Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,296
Interest Rate
4.72%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2011
Sold by
Infinity Real Estate Opportunity Fund I
Bought by
Ramirez Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,296
Interest Rate
4.72%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 29, 2010
Sold by
Lee Tony
Bought by
Infinity Real Estate Opportunity Fund I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2010
Sold by
The Bank Of New York Mellon
Bought by
Lee Tony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 2, 2009
Sold by
Prebe Mark
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jun 16, 2006
Sold by
Prebe Mary Christian
Bought by
Prebe Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
8.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 7, 2000
Sold by
Prebe Mary Christan
Bought by
Prebe Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
8.22%

Purchase Details

Closed on
Jan 27, 2000
Sold by
Sheridan Damon E
Bought by
Prebe Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
8.22%
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
Shaterian Amir $305,000 Lawyers Title Company
Ramirez Juan C -- California Counties Title
Ramirez Juan C $225,000 California Counties Title
Infinity Real Estate Opportunity Fund I -- None Available
Lee Tony $123,500 Landsafe Title
Lee Tony -- Landsafe Title
The Bank Of New York Mellon $153,000 Landsafe Title
Prebe Mark -- Investors Title Company
Prebe Mark -- Investors Title Company
Prebe Mark $105,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaterian Amir $228,750
Previous Owner Ramirez Juan C $219,296
Previous Owner Lee Tony $80,000
Previous Owner Prebe Mark $468,750
Previous Owner Prebe Mark $93,750
Previous Owner Prebe Mark $340,000
Previous Owner Prebe Mark $240,000
Previous Owner Prebe Mark $148,000
Previous Owner Prebe Mark $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/29/2016 02/29/16 Sold $305,000 +2.0% $276 / Sq Ft
01/26/2016 01/26/16 Pending -- -- --
01/26/2016 01/26/16 For Sale $299,000 -- $271 / 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 $5,460 $361,053 $213,081 $147,972
2024 $5,460 $353,974 $208,903 $145,071
2023 $5,205 $347,034 $204,807 $142,227
2022 $4,981 $340,231 $200,792 $139,439
2021 $4,927 $333,560 $196,855 $136,705
2019 $4,786 $323,668 $191,017 $132,651
2018 $4,582 $317,322 $187,272 $130,050
2016 $3,754 $243,507 $135,282 $108,225
2015 $3,701 $239,850 $133,250 $106,600
2014 $3,706 $235,152 $130,640 $104,512
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2016

    Oscar Jara

    SoCal 5 Real Estate

    (562) 235-5163

    1 in this area

    39 Total Sales

    Section Image

  • C

    Buyer's Agent in 2016

    Carlos Hidalgo

    RE/MAX

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16016445

California Regional Multiple Listing Service (CRMLS)

APN: 6049-012-022

California Los Angeles County Los Angeles 90002

9508 Pace Ave, Los Angeles, CA

This home is located at 9508 Pace Ave, Los Angeles, CA 90002 since 26 January 2016 and is currently estimated at $626,852, approximately $567 per square foot. This property was built in 1930. 9508 Pace Ave is a home located in Los Angeles County with nearby schools including Ninety-Sixth 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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