NOT LISTED FOR SALE

Estimated Value: $707,000 - $757,000

4 Beds
2 Baths
1,470 Sq Ft
$495/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $720,000 $490 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,439/month

4 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Laundry Room
  • Back and Front Yard

About This Home

As of May 2024

Welcome to your new investment opportunity at 9712 S Central Ave, Watts, CA! Conveniently located less than 5 miles from Sofi Stadium and the new Intuit Dome, this duplex offers a prime chance to step into the real estate game with confidence. Each unit boasts a comfortable layout with 2 bedrooms and 1 full bathroom, providing ample space for families or tenants. Recently remodeled, both units showcase modern upgrades including new flooring, cabinets, countertops, and windows, along with the convenience of split unit ACs for personalized climate control. Whether you're a family seeking supplementary income, a first-time buyer eager to enter the market, or an investor looking to expand your portfolio, this property presents a promising opportunity. Don't miss out on the chance to turn this duplex into a profitable asset for years to come. Schedule your viewing today and seize the potential of 9712 S Central Ave!

Last Agent to Sell the Property

Luis Anaya

Keller Williams Legacy Brokerage Phone: 714-651-8830 License #01902377 Listed on: 03/08/2024

Keller Williams Legacy

Co-Listed By

Diego Vazquez

Keller Williams Legacy Brokerage Phone: 714-651-8830 License #02072155

Last Buyer's Agent

Rosio Castaneda

First Class Platinum Brokers License #02177782

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,982 Sq Ft Lot
  • 1 Common Wall
  • No Landscaping
  • Back and Front Yard

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 1,470 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, sewer, trash collection
  • Tax Lot 245
  • Tax Tract Number 6384
  • Assessor Parcel Number 6049014018
  • $585 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $91
  • Insurance Expense $240
  • Trash Expense $91
  • Water Sewer Expense $90
  • Operating Expense $512
  • Net Operating Income $5,089

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 90.00
  • Zoning: LARD3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6049014018
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 489.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 90.75
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, No Landscaping
  • Lot Size Sq Ft: 4982.00
  • Lot Size Acres: 0.1144
  • Latitude Manual: 33.94806000

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Sewer, Trash Collection

Multi Family

  • Average2 Bed Area: 735 Square Feet
  • Electric Expense: 90.75
  • Gross Scheduled Income: 5600.00
  • Insurance Expense: 240.00
  • Lot Size Area: 4982.0000 Square Feet
  • Net Operating Income: 5088.50
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 511.50
  • Rent Control: No
  • Total Expenses: 511.50

Tax Info

  • Tax Census Tract: 2407.00
  • Tax Lot: 245
  • Tax Tract Number: 6384
  • TaxOtherAnnualAssessmentAmount: 585.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 7, 2024
Sold by
Wnm Llc
Bought by
Gonzalez Lorena
Seller's Agent
Luis Anaya
Keller Williams Legacy
Buyer's Agent
Rosio Castaneda
First Class Platinum Brokers
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Views
15
Current Estimated Value
$728,303

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,303
Avg. Annual Appreciation
0.69%
Original Mortgage
$706,959
Outstanding Balance
$697,027
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$31,276

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 6, 2024
Sold by
Wnm Llc
Bought by
Gonzalez Lorena
Seller's Agent
Luis Anaya
Keller Williams Legacy
Buyer's Agent
Rosio Castaneda
First Class Platinum Brokers
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,959
Outstanding Balance
$697,027
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$31,276
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
Gonzalez Lorena $720,000 First American Title Company
Gonzalez Lorena $720,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Lorena $706,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2024 05/14/24 Sold $720,000 -0.7% $490 / Sq Ft
03/14/2024 03/14/24 Price Changed $725,000 0.0% $493 / Sq Ft
03/14/2024 03/14/24 For Sale $725,000 +0.7% $493 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/12/2024 03/12/24 Off Market $720,000 -- --
03/08/2024 03/08/24 For Sale $685,000 -- $466 / 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 $7,573 $734,400 $734,400 --
2024 $7,573 $578,340 $433,500 $144,840
2023 $7,386 $567,000 $425,000 $142,000
2022 $2,235 $149,316 $50,762 $98,554
2021 $2,200 $146,389 $49,767 $96,622
2019 $2,140 $142,049 $48,292 $93,757
2018 $2,045 $139,265 $47,346 $91,919
2016 $1,939 $133,858 $45,508 $88,350
2015 $1,910 $131,848 $44,825 $87,023
2014 $1,918 $129,266 $43,947 $85,319
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24041237

California Regional Multiple Listing Service (CRMLS)

APN: 6049-014-018