NOT LISTED FOR SALE

9700 Parmelee Ave Los Angeles, CA 90002

Estimated Value: $603,000 - $812,000

6 Beds
2 Baths
1,916 Sq Ft
$370/Sq Ft Est. Value

Last Sold April 20, 2015

Last sale price $348,000 $182 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $4,382/month

44 Days on Market

Highlights

  • Wrought Iron Fence
  • Rectangular Lot
  • 1-Story Property

About This Home

As of April 2015

Perfect for Investor or, live in one and rent the second unit. This duplex is spacious with 3 bedrooms and 1 bathroom each unit for a total building size of 1916 sqft living space and 5200 sqft lot size. There is plenty of parking with entrances through the front of the building or through the alley. The property is located 6.5 miles away from Los Angeles Downtown Fashion District and 11 miles away from LAX Airport.

Last Agent to Sell the Property

Christian Fuentes

RE/MAX TOP PRODUCERS License #01262973 Listed on: 01/07/2015

RE/MAX TOP PRODUCERS

Last Buyer's Agent

roberto rivas

MAXI Realty Group License #00601812

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,203

Year Built

  • Built in 1925

Lot Details

  • 5,255 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Wrought Iron Fence
  • Block Wall Fence
  • Rectangular Lot
  • Level Lot

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,916 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • 2 Carport Spaces
  • Parking Available

Additional Features

  • Exterior Lighting
  • Private Water Source

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 8
  • Tax Tract Number 5671
  • Assessor Parcel Number 6049018008

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Water Sewer Expense $130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,203

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • View: No
  • Water Sewer Expenses: 130.00
  • Property Type: Residential Income
  • Parcel Number: 6049018008
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 181.63
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Block, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Private

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Level, Rectangular Lot
  • Lot Size Sq Ft: 5255.00
  • Lot Size Acres: 0.1210

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5255.0000 Square Feet
  • 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
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 5671
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2015
Closed on
Feb 23, 2015
Sold by
Rivera Guadalupe
Bought by
Tapia Angel
Seller's Agent
Christian Fuentes
RE/MAX TOP PRODUCERS
Buyer's Agent
roberto rivas
MAXI Realty Group
List Price
$349,900
Sold Price
$348,000
Premium/Discount to List
-$1,900
-0.54%
Current Estimated Value
$709,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,466
Avg. Annual Appreciation
7.12%
Original Mortgage
$295,800
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2011
Sold by
Rivera Maria M
Bought by
Rivera Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2011
Sold by
Tsa Properties Inc
Bought by
Rivera Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 2011
Sold by
Alvarez Sandra E
Bought by
Tsa Properties Inc

Purchase Details

Closed on
Oct 30, 2007
Sold by
Alvarez Sergio
Bought by
Alvarez Sandra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2005
Sold by
Ceniceros Jose Angel and Ceniceros Jesus
Bought by
Tsa Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Second
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
Tapia Angel $348,000 First American Title Company
Rivera Guadalupe -- --
Rivera Guadalupe $279,000 Lawyers Title
Tsa Properties Inc -- None Available
Alvarez Sandra E -- Investors Title Company
Alvarez Sandra E -- Investors Title Company
Tsa Properties Inc $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Angel $420,000
Previous Owner Tapia Angel $295,800
Previous Owner Rivera Guadalupe $17,537
Previous Owner Rivera Guadalupe $30,000
Previous Owner Alvarez Sandra E $480,000
Previous Owner Tsa Properties Inc $91,000
Previous Owner Tsa Properties Inc $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2015 04/20/15 Sold $348,000 -0.5% $182 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $349,900 -- $183 / 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 $6,203 $418,237 $240,367 $177,870
2024 $6,203 $410,037 $235,654 $174,383
2023 $5,936 $401,998 $231,034 $170,964
2022 $5,678 $394,116 $226,504 $167,612
2021 $5,611 $386,389 $222,063 $164,326
2019 $5,449 $374,931 $215,478 $159,453
2018 $5,305 $367,580 $211,253 $156,327
2016 $5,079 $353,307 $203,050 $150,257
2015 $4,345 $291,582 $146,314 $145,268
2014 $4,349 $285,871 $143,448 $142,423
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15003753

California Regional Multiple Listing Service (CRMLS)

APN: 6049-018-008