NOT LISTED FOR SALE

960 S Grande Vista Ave Los Angeles, CA 90023

Estimated Value: $719,000 - $879,784

4 Beds
2 Baths
1,532 Sq Ft
$535/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $425,000 $277 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $4,885/month

20 Days on Market

Highlights

  • Laundry Room
  • Central Heating and Cooling System
  • Back Yard
  • Felicitas and Gonzalo Mendez High Rated A-

About This Home

As of August 2016

2 separate units on one lot! Front Unit is 2 bed, 1 bath, central air & heat, fireplace, formal dining room, open kitchen with breakfast bar. Front Unit also includes 1/2 bath and bonus room, buyer to verify permits. Rear unit features 2 beds, 1 bath, kitchen was redone 6 years ago. Each house has private gated yard, laundry hook ups and a one car garage. This property has a long wide driveway for plenty of parking and is covenietently located minutes from downtown LA.

Last Agent to Sell the Property

Stephanie Banuelos

Integrity Homes Realty License #01445843 Listed on: 04/19/2016

Last Buyer's Agent

Irma Castaneda

Realty South Bay License #01416557

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,218

Year Built

  • Built in 1946

Lot Details

  • 7,598 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 5 Open Parking Spaces
  • 2 Car Garage

Interior Spaces

  • 1,532 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 2048
  • Assessor Parcel Number 5188023042

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $300
  • New Taxes Expense $5,312
  • Operating Expense $6,812
  • Gross Income $1,800
  • Net Operating Income $14,788

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,218

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5188023042
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Price Per Square Foot: 277.42

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 7.00
  • Uncovered Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7598.00
  • Price Per Lot Square Foot: 55.94

Multi Family

  • Average2 Bed Area: 640
  • Average3 Bed Area: 892
  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 14788.00
  • 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: 6812.00
  • Rent Control: Yes
  • Total Expenses: 6812.00

Tax Info

  • New Taxes Expense: 5312.00
  • Tax Lot: 33
  • Tax Tract Number: 2048.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2016
Closed on
Jul 20, 2016
Sold by
Larios Ana Leticia
Bought by
Romero Mynor Ciriaco
Seller's Agent
Stephanie Banuelos
Integrity Homes Realty
Buyer's Agent
Irma Castaneda
Realty South Bay
List Price
$425,000
Sold Price
$425,000
Current Estimated Value
$819,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,696
Avg. Annual Appreciation
6.69%

Purchase Details

Closed on
May 9, 2016
Sold by
Leon Patrick M and The Raul & Sayna Maldonado Exe
Bought by
Romero Mynor Jonathan and Romero Mynor Ciriaco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,302
Interest Rate
3.49%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 2006
Sold by
Maldonado Raul and Raul & Sayna Maldonado Living
Bought by
Maldonado Raul and Maldonado Raul

Purchase Details

Closed on
Mar 3, 2005
Sold by
Maldonado Raul and Maldonado Sayna
Bought by
Maldonado Raul and Maldonado Sayna
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
Romero Mynor Ciriaco -- Old Republic Title Company
Romero Mynor Jonathan $425,000 Old Republic Title Company
Maldonado Raul -- None Available
Maldonado Raul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Myron Jonathan $490,000
Previous Owner Romero Mynor Jonathan $417,302
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2016 08/30/16 Sold $425,000 0.0% $277 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/19/2016 04/19/16 For Sale $425,000 -- $277 / 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 $6,218 $493,244 $348,173 $145,071
2024 $6,218 $483,574 $341,347 $142,227
2023 $6,103 $474,093 $334,654 $139,439
2022 $5,828 $464,798 $328,093 $136,705
2021 $5,754 $455,685 $321,660 $134,025
2020 $5,809 $451,013 $318,362 $132,651
2019 $5,588 $442,170 $312,120 $130,050
2018 $5,430 $433,500 $306,000 $127,500
2016 $1,891 $140,327 $93,844 $46,483
2015 $765 $45,847 $19,149 $26,698
2014 $783 $44,950 $18,774 $26,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16081857

California Regional Multiple Listing Service (CRMLS)

APN: 5188-023-042