NOT LISTED FOR SALE

Estimated Value: $764,000 - $909,156

4 Beds
2 Baths
1,412 Sq Ft
$586/Sq Ft Est. Value

Last Sold January 05, 2023

Last sale price $700,000 $496 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,063/month

11 Days on Market

Highlights

  • City Lights View
  • Granite Countertops
  • Recessed Lighting
  • Contemporary Architecture
  • No HOA
  • Laundry Room

About This Home

As of January 2023

Duplex investment opportunity in central Los Angeles. Located near DTLA, USC, CRYPTO ARENA, LAX, Banc of California Stadium, LA Memorial Coliseum, LAFC, Microsoft Theater and much more. With all that LA has to offer in your back yard. Live in one unit and rent the other or rent both for max return. Both units have 2 beds 1 bath. Full 2 car garage and a long-shared over-sized drive way that provides plenty of parking. BOTH units to be delivered vacant.

Last Agent to Sell the Property

Roberto Araya

Excellence RE Real Estate, Inc. License #01965339 Listed on: 11/21/2022

Excellence RE Real Estate, Inc.

Last Buyer's Agent

Bryant Flores

American Financial Group License #02154378

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1901

Lot Details

  • 5,680 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Common Roof
  • Stucco

Interior Spaces

  • 1,412 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Laminate Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Additional Features

  • Accessible Parking
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 13 / A
  • Tax Tract Number 2294
  • Assessor Parcel Number 5103018013
  • $286 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $3,200
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $900
  • Operating Expense $5,900
  • Gross Income $58,800
  • Net Operating Income $52,900

Property Details

Home Type

Multi-Family

Year Built

Built in 1901

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: LAR2
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5103018013
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Interior Amenities: Granite Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Accessibility Features: Parking
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 495.75
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Slab
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Good Condition
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5680.00
  • Lot Size Acres: 0.1304

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Electric Expense: 3200.00
  • Gross Income: 58800.00
  • Gross Scheduled Income: 58800.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 5680.0000 Square Feet
  • Net Operating Income: 52900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 5900.00
  • Rent Control: Yes
  • Total Expenses: 5900.00

Tax Info

  • Tax Block: A
  • Tax Census Tract: 2294.20
  • Tax Lot: 13
  • Tax Tract Number: 2294.2
  • TaxOtherAnnualAssessmentAmount: 286.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2022
Closed on
Dec 5, 2022
Sold by
Torres Walle Martha
Bought by
Trejo Luis A Anaya
Seller's Agent
Roberto Araya
Excellence RE Real Estate, Inc.
Buyer's Agent
Bryant Flores
American Financial Group
List Price
$690,000
Sold Price
$700,000
Premium/Discount to List
$10,000
1.45%
Views
6
Current Estimated Value
$827,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,039
Avg. Annual Appreciation
5.72%
Original Mortgage
$687,321
Outstanding Balance
$664,525
Interest Rate
6.58%
Mortgage Type
FHA
Estimated Equity
$162,514

Purchase Details

Closed on
Apr 13, 2018
Sold by
Walle Martha Alicia Torres
Bought by
Walle Martha Alicia Torres and Walle Librada

Purchase Details

Closed on
Oct 19, 2015
Sold by
Walle Martha Alicia Torres
Bought by
Walle Martha Alicia Torres and Torres Audel

Purchase Details

Listed on
Feb 27, 2015
Closed on
Jun 4, 2015
Sold by
Latin Mortgage Corporation
Bought by
Walle Martha Alicia Torres and Walle Librada
Seller's Agent
Soledad Fierro
Alpha Primeland
Buyer's Agent
Hans Chalco
Realty One Group United
List Price
$429,900
Sold Price
$420,000
Premium/Discount to List
-$9,900
-2.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$412,392
Interest Rate
3.77%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 15, 2013
Closed on
Sep 6, 2013
Sold by
Rodriguez William
Bought by
Latin Mortgage Corporation
Seller's Agent
Mary Bonilla
Excellence RE Real Estate, Inc.
Buyer's Agent
Mary Bonilla
Excellence RE Real Estate, Inc.
List Price
$149,900
Sold Price
$189,000
Premium/Discount to List
$39,100
26.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.66%

Purchase Details

Closed on
May 10, 2005
Sold by
Zepeda Tomas
Bought by
Rodriguez William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 30, 2004
Sold by
Zepeda Maria Reyes
Bought by
Zepeda Tomas
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trejo Luis A Anaya $700,000 Provident Title
Walle Martha Alicia Torres -- None Available
Walle Martha Alicia Torres -- None Available
Walle Martha Alicia Torres $420,000 Provident Title Company
Latin Mortgage Corporation $189,000 Stewart
Rodriguez William $365,000 Landamerica Title Co
Zepeda Tomas -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trejo Luis A Anaya $687,321
Previous Owner Walle Martha Alicia Torres $412,392
Previous Owner Rodriguez William $328,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2026 01/04/26 Off Market $2,700 -- --
10/06/2025 10/06/25 For Rent $2,700 0.0% --
01/05/2023 01/05/23 Sold $700,000 +1.4% $496 / Sq Ft
12/02/2022 12/02/22 Pending -- -- --
11/21/2022 11/21/22 For Sale $690,000 +64.3% $489 / Sq Ft
06/18/2015 06/18/15 Sold $420,000 -2.3% $234 / Sq Ft View Prior Sale
03/16/2015 03/16/15 Pending -- -- --
02/27/2015 02/27/15 For Sale $429,900 +127.5% $240 / Sq Ft
09/25/2013 09/25/13 Sold $189,000 +26.1% $129 / Sq Ft View Prior Sale
08/15/2013 08/15/13 Pending -- -- --
06/18/2013 06/18/13 For Sale $149,900 -- $102 / 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 $8,868 $728,280 $582,624 $145,656
2024 $8,868 $714,000 $571,200 $142,800
2023 $6,491 $515,990 $330,313 $185,677
2022 $6,192 $505,874 $323,837 $182,037
2021 $6,114 $495,956 $317,488 $178,468
2020 $6,174 $490,872 $314,233 $176,639
2019 $5,934 $481,248 $308,072 $173,176
2018 $5,504 $442,378 $264,163 $178,215
2016 $5,187 $426,404 $253,812 $172,592
2015 $2,489 $192,775 $163,196 $29,579
2014 $2,510 $189,000 $160,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22245104

California Regional Multiple Listing Service (CRMLS)

APN: 5103-018-013