NOT LISTED FOR SALE

Estimated Value: $910,450 - $1,042,000

8 Beds
5 Baths
2,800 Sq Ft
$345/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $490,000 $175 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,858/month

35 Days on Market

About This Home

As of August 2015

Brand new duplex located in East Los Angeles! Delightfully designed! This is a great opportunity for investors or homeowners to rent one and live in the other! This home will be delivered vacant and is a brand new 2015 remodel. All 2800 square feet are fully permitted with no expense being spared in construction. There is enough parking for 4 cars which include a brand new detached two car garage and two adjacent spots. There is also additional street parking. The house features granite countertops, custom cabinets, subway tile, laminate flooring, berber carpet, new appliances, new windows, new roof, and all new concrete! Not to mention all new electrical and plumbing! Each unit will also have its own gas/electric meter and also their own washer/dryer hook ups. This home is priced to sell so be sure to act quick!

Last Agent to Sell the Property

Drew Dunn

Four Brothers Real Estate, Inc. License #01941825 Listed on: 06/01/2015

Last Buyer's Agent

Drew Dunn

Four Brothers Real Estate, Inc. License #01941825 Listed on: 06/01/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,428

Year Built

  • Built in 1921

Lot Details

  • 6,745 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,800 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Bathrooms

Outdoor Features

  • Roof Top Pool
  • Rain Gutters

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2422
  • Assessor Parcel Number 6046017008

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,428

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 6046017008
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 175.00

Exterior Features

  • Pool Features: Private, Roof Top
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6745.00
  • Price Per Lot Square Foot: 72.65
  • Lot Size Acres: 0.1550

Multi Family

  • Lot Size Area: 6745.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 2422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2023
Sold by
Beltran Leonardo Daniel Aleman and Aleman Jairo
Bought by
Beltran Leonardo Daniel Alema
Current Estimated Value
$967,113

Purchase Details

Closed on
May 19, 2015
Sold by
243 Newport Llc
Bought by
Beltran Leonardo Daniel Aleman and Aleman Jairo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$481,124
Interest Rate
3.98%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 14, 2014
Closed on
Nov 6, 2014
Sold by
Lee Elemease L
Bought by
243 Newport Llc
Seller's Agent
Carolyn Ali
Power Team Real Estate
Buyer's Agent
Carolyn Ali
Power Team Real Estate
List Price
$230,000
Sold Price
$210,000
Premium/Discount to List
-$20,000
-8.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%
Original Mortgage
$250,000
Interest Rate
4.1%
Mortgage Type
Purchase Money Mortgage
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
Beltran Leonardo Daniel Alema -- None Listed On Document
Beltran Leonardo Daniel Aleman $490,000 Wfg Title Company Of Ca
243 Newport Llc $210,000 Fatcola
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beltran Leonardo Daniel Aleman $481,124
Previous Owner 243 Newport Llc $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2015 08/10/15 Sold $490,000 -4.9% $175 / Sq Ft
07/06/2015 07/06/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $515,000 +145.2% $184 / Sq Ft
11/24/2014 11/24/14 Sold $210,000 -8.7% $281 / Sq Ft View Prior Sale
10/25/2014 10/25/14 Pending -- -- --
10/14/2014 10/14/14 For Sale $230,000 -- $307 / 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 $9,428 $738,822 $422,008 $316,814
2024 $9,428 $724,336 $413,734 $310,602
2023 $7,422 $557,529 $223,011 $334,518
2022 $7,095 $546,598 $218,639 $327,959
2021 $6,998 $535,881 $214,352 $321,529
2019 $6,796 $519,990 $207,996 $311,994
2018 $6,694 $509,795 $203,918 $305,877
2017 $5 $499,800 $199,920 $299,880
2016 $6,381 $490,000 $196,000 $294,000
2015 $3,156 $210,000 $140,700 $69,300
2014 -- $13,953 $7,375 $6,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15116417

California Regional Multiple Listing Service (CRMLS)

APN: 6046-017-008