NOT LISTED FOR SALE

954 S Kern Ave Los Angeles, CA 90022

Estimated Value: $736,000 - $1,477,603

2 Beds
2 Baths
864 Sq Ft
$1,386/Sq Ft Est. Value

Last Sold December 06, 2018

Last sale price $420,000 $486 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $7,600/month

5 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Two Homes on a Lot
  • James A. Garfield Senior High School Rated A
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of December 2018

Excellent opportunity to own Two Units (one bedroom, one bath each) in sought after area of East Los Angeles. Each unit has it's own inside laundry area/room. Convenient location near major transportation including 5, 710, 60 freeways, and Metro Gold line. Located near shopping centers and several supermarkets. Property has Large 6,578 sq. ft. Lot and very long driveway. Zoned R3 with potential for additional development in unincorporated area of Los Angeles. Buyers to confirm building and zoning requirements with City/County of Los Angeles.

Last Agent to Sell the Property

Ruben Estrada

Liberty Investment Group License #01239811 Listed on: 11/28/2018

Last Buyer's Agent

Ruben Estrada

Liberty Investment Group License #01239811 Listed on: 11/28/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,051

Year Built

  • Built in 1930

Lot Details

  • 6,579 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Block Wall Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Bungalow
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Gas Range
  • Laundry Room

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Driveway
  • Gated Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Source of electricity is unknown
  • Natural Gas Connected
  • ENERGY STAR Qualified Water Heater

Additional Features

  • Two Homes on a Lot
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 21 / 2
  • Tax Tract Number 4768
  • Assessor Parcel Number 5246021019

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,051

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 562-244-3735
  • Other Phone Number: 562-244-3735
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Zoning: LCC2*
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5246021019
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 486.11
  • Room Type: Main Floor Bedroom, Master Bathroom

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport, Detached Carport, Driveway, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: ENERGY STAR Qualified Water Heater, Gas Range, Water Heater
  • Electric: Electricity - On Property, Electricity - Unknown
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6579.00
  • Lot Size Acres: 0.1510

Multi Family

  • Lot Size Area: 6579.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Patio: 1
  • Rent Control: No

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 5316.02
  • Tax Lot: 21
  • Tax Tract Number: 4768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 11, 2020
Sold by
Dla Investments Llc
Bought by
Zahir Farid
Current Estimated Value
$1,197,401

Purchase Details

Closed on
Jan 30, 2020
Sold by
Zahir Roya
Bought by
Zahir Farid

Purchase Details

Listed on
Nov 28, 2018
Closed on
Dec 3, 2018
Sold by
Estrada Carlos C
Bought by
Dla Investments Llc
Seller's Agent
Ruben Estrada
Liberty Investment Group
Buyer's Agent
Ruben Estrada
Liberty Investment Group
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
Original Mortgage
$500,000
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 28, 2018
Closed on
Nov 5, 2018
Sold by
Estrada Jaime Christianne
Bought by
Estrada Carlos C
Seller's Agent
Ruben Estrada
Liberty Investment Group
Buyer's Agent
Ruben Estrada
Liberty Investment Group
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Nov 28, 2018
Closed on
Oct 31, 2018
Sold by
Amparano Norma and The Armida J Aguilar Trust
Bought by
Estrado Carlos C
Seller's Agent
Ruben Estrada
Liberty Investment Group
Buyer's Agent
Ruben Estrada
Liberty Investment Group
List Price
$415,000
Sold Price
$420,000
Premium/Discount to List
$5,000
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.9%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 4, 2003
Sold by
Aguilar Armida
Bought by
Aguilar Armida J and The Armida J Aguilar Trust

Purchase Details

Closed on
Jun 1, 1995
Sold by
Delgadillo Armida and Aguilar Armida
Bought by
Aguilar Armida
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
Zahir Farid $909,000 Stewart Ttl Of Calfornia Inc
Zahir Farid -- Stewart Title Of Ca Inc
Dla Investments Llc $420,000 Old Republic Title Company
Estrada Carlos C -- Chicago Title Company
Estrado Carlos C $285,000 Chicago Title Company
Aguilar Armida J -- --
Aguilar Armida -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zahir Farid $1,190,000
Previous Owner Dla Investments Llc $500,000
Previous Owner Estrado Carlos C $185,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2018 12/06/18 Sold $420,000 +1.2% $486 / Sq Ft
11/28/2018 11/28/18 For Sale $415,000 -- $480 / 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 $13,051 $994,120 $474,640 $519,480
2024 $13,051 $974,629 $465,334 $509,295
2023 $12,659 $955,519 $456,210 $499,309
2022 $12,059 $936,784 $447,265 $489,519
2021 $11,911 $918,417 $438,496 $479,921
2020 $6,104 $428,400 $300,900 $127,500
2019 $5,883 $420,000 $295,000 $125,000
2018 $1,380 $43,802 $24,531 $19,271
2016 $1,327 $42,103 $23,579 $18,524
2015 $1,313 $41,471 $23,225 $18,246
2014 $1,320 $40,660 $22,771 $17,889
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18281647

California Regional Multiple Listing Service (CRMLS)

APN: 5246-021-019