NOT LISTED FOR SALE

9700 Graham Ave Los Angeles, CA 90002

Watts Neighborhood

Estimated Value: $688,174 - $974,000

8 Beds
4 Baths
2,560 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $400,000 $156 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $4,752/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • Recessed Lighting
  • Wood Siding
  • Double Pane Windows
  • Laundry Room
  • Carpet

About This Home

As of July 2016

Great opportunity to purchase this newer construction Duplex. Built in 2007, the property has ample off-street gated parking for up to 4 cars. Both units in great condition and have 4 bedrooms and 2 bathrooms each. Has tiled floors kitchen and baths carpet throughout and washer & dryer hookups. Investor special

Last Agent to Sell the Property

Juan Zuniga

Berkshire Hathaway Hm Ser License #01916666 Listed on: 05/23/2016

Last Buyer's Agent

Reginald Muldrow

Realty Network Alliance License #01146449

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,109

Year Built

  • Built in 2006

Lot Details

  • 4,545 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Contemporary Architecture
  • Property Attached
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,560 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Unassigned Parking

Additional Features

  • Exterior Lighting
  • Urban Location
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 201
  • Assessor Parcel Number 6048027049

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $588
  • Water Sewer Expense $2,600
  • New Taxes Expense $5,153
  • Gross Income $3,724
  • Net Operating Income $35,147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,109

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 2600.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 6048027049
  • Year Built: 2006
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 156.25
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Stone, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Trash Expense: 588.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4545.00
  • Price Per Lot Square Foot: 88.01

Multi Family

  • Gross Income: 3724.00
  • Gross Scheduled Income: 44688.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 35147.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 9541.00
  • Rent Control: No
  • Total Actual Rent: 3724.00

Tax Info

  • New Taxes Expense: 5153.00
  • Tax Lot: 201
  • Tax Tract Number: ELCOAT

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 4, 2020
Sold by
Robinson Joseph Paul and Robinson Jessica M
Bought by
Robinson Joseph Paul and Robinson Jessica M
Current Estimated Value
$810,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Outstanding Balance
$351,494
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$459,050

Purchase Details

Closed on
Sep 10, 2019
Sold by
Robinson Joseph P and Robinson Jessica M
Bought by
Robinson Joseph Paul and Robinson Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2019
Sold by
Robinson Joseph Paul and Robinson Jessica M
Bought by
Robinson Joseph P and Robinson Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 23, 2016
Closed on
Jul 8, 2016
Sold by
Dmm Group Llc
Bought by
Robinson Joseph Paul and Robinson Jessica M
Seller's Agent
Juan Zuniga
Berkshire Hathaway Hm Ser
Buyer's Agent
Reginald Muldrow
Realty Network Alliance
List Price
$399,888
Sold Price
$400,000
Premium/Discount to List
$112
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.93%
Original Mortgage
$280,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
First Wilshire Finance Llc
Bought by
Dmm Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
4.46%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 5, 2011
Sold by
Rmz Group Inc
Bought by
First Wilshire Finance Llc
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
Robinson Joseph Paul -- Accommodation
Robinson Joseph -- Wfg National Title Co Of Ca
Robinson Joseph Paul -- First American Title Company
Robinson Joseph P -- First American Title Company
Robinson Joseph Paul $400,000 None Available
Dmm Group Llc -- Provident Title Company
First Wilshire Finance Llc $4,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Joseph $395,000
Closed Robinson Joseph P $380,000
Closed Robinson Joseph Paul $280,000
Previous Owner Dmm Group Llc $273,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2016 07/26/16 Sold $400,000 0.0% $156 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $399,888 -- $156 / 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 $6,109 $464,227 $197,296 $266,931
2024 $6,109 $455,126 $193,428 $261,698
2023 $5,997 $446,203 $189,636 $256,567
2022 $5,734 $437,455 $185,918 $251,537
2021 $5,652 $428,878 $182,273 $246,605
2019 $5,489 $416,160 $176,868 $239,292
2018 $5,374 $408,000 $173,400 $234,600
2016 $3,602 $265,257 $159,154 $106,103
2015 $3,549 $261,274 $156,764 $104,510
2014 $3,565 $256,157 $153,694 $102,463
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Juan Zuniga

    Berkshire Hathaway Hm Ser

  • Reginald Muldrow

    Buyer's Agent in 2016

    Reginald Muldrow

    Realty Network Alliance

    (310) 293-0582

    10 Total Sales

    Reginald Muldrow
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16109738

California Regional Multiple Listing Service (CRMLS)

APN: 6048-027-049

California Los Angeles County Los Angeles 90002 Watts

9700 Graham Ave, Los Angeles, CA

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