NOT LISTED FOR SALE

986 E 32nd St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $664,000 - $902,000

6 Beds
4 Baths
1,950 Sq Ft
$409/Sq Ft Est. Value

Last Sold November 29, 2016

Last sale price $348,600 $179 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $4,859/month

80 Days on Market

Highlights

  • Fireplace in Kitchen
  • No HOA
  • Wood Siding
  • Private Yard
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of November 2016

Investors', here is your opportunity for positive cash flow. This Duplex has a total of 6 bed rooms and 2 baths, likely split as two 3 bed, 2 bath units. Maintenance should be easy as the front has artificial grass and the back has a cement pad for parking. As we keep hearing, and reading, rents continue to rise in Los Angeles. This could be a great opportunity to expand your portfolio or to get one started.

Last Agent to Sell the Property

Chris Johnson

Allison James Estates & Homes License #01501699 Listed on: 08/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,160

Year Built

  • Built in 1994

Lot Details

  • 5,992 Sq Ft Lot
  • 1 Common Wall
  • Fence is in average condition
  • Private Yard

Home Design

  • Property Attached
  • Wood Siding

Interior Spaces

  • 1,950 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 3 Parking Spaces
  • Parking Available
  • Paved Parking

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 106
  • Assessor Parcel Number 5114019024

Community Details

Overview

  • No Home Owners Association

Building Details

  • 2 Leased Units
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,160

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Assessments: No
  • Other Phone Description: Cell
  • Other Phone Number: 805.208.0823
  • Property Attached: Yes
  • Subdivision Name Other: WILSON
  • View: No
  • Zoning: LARD2
  • Property Type: Residential Income
  • Parcel Number: 5114019024
  • Year Built: 1994
  • Special Features: Auction
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Family Room, Kitchen
  • Levels: One
  • Price Per Square Foot: 178.77
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Average Condition
  • Pool Private: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5992.00
  • Price Per Lot Square Foot: 69.41

Multi Family

  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 106
  • Tax Tract Number: WILSON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2017
Sold by
Cohen Shlomo
Bought by
Molina Jacqueline E
Current Estimated Value
$797,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,444
Outstanding Balance
$347,423
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$444,560

Purchase Details

Listed on
Aug 25, 2016
Closed on
Nov 8, 2016
Sold by
Us Bank National Association
Bought by
Cohen Shlomo
Seller's Agent
Chris Johnson
Allison James Estates & Homes
List Price
$415,900
Sold Price
$348,600
Premium/Discount to List
-$67,300
-16.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.86%
Original Mortgage
$342,285
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 19, 2013
Sold by
Zerapio Virginia
Bought by
Us Bank National Association

Purchase Details

Closed on
Mar 10, 2008
Sold by
Zerapio Virginia Santo
Bought by
Molina Maria

Purchase Details

Closed on
Feb 21, 2007
Sold by
Molina Jose Santos
Bought by
Zerapio Virginia

Purchase Details

Closed on
Jun 2, 2006
Sold by
Molina Maria Patricia
Bought by
Molina Jose Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
7.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 27, 2006
Sold by
Molina Jose Santos
Bought by
Molina Maria Patricia

Purchase Details

Closed on
Dec 23, 2005
Sold by
Molina Maria P and Molina Jose Santos
Bought by
Molina Jose Santos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2003
Sold by
Molina Jose
Bought by
Molina Maria P

Purchase Details

Closed on
Oct 16, 2000
Sold by
Phillips Zoila and Joya Jose S
Bought by
Molina Jose S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,511
Interest Rate
7.89%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Guerra Consuelo Dejesus
Bought by
Joya Jose S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,461
Interest Rate
4.25%

Purchase Details

Closed on
May 27, 1994
Sold by
Phillips Red Dean
Bought by
Phillips Zoila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,461
Interest Rate
4.25%

Purchase Details

Closed on
Mar 16, 1994
Sold by
The Lesley Carleton Waldo Trust
Bought by
Corona Carlos
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
Molina Jacqueline E $428,500 Title 365
Cohen Shlomo $349,000 Title365 Company
Us Bank National Association $417,439 Landsafe Title
Molina Maria -- None Available
Zerapio Virginia -- None Available
Molina Jose Santos -- Fidelity National Title Co
Molina Maria Patricia -- None Available
Molina Jose Santos -- Fidelity National Title Comp
Molina Maria P -- --
Molina Jose S -- Fidelity National Title
Joya Jose S -- North American Title Company
Phillips Zoila -- North American Title Company
Molina Jose S $188,500 North American Title Company
Corona Carlos $45,500 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Molina Jacqueline E $420,444
Previous Owner Cohen Shlomo $342,285
Previous Owner Zerapio Virginia $488,000
Previous Owner Molina Jose Santos $430,000
Previous Owner Molina Jose Santos $330,000
Previous Owner Molina Maria P $216,000
Previous Owner Molina Jose S $12,511
Previous Owner Molina Jose S $169,461
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2016 11/29/16 Sold $348,600 -16.2% $179 / Sq Ft
11/13/2016 11/13/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $415,900 -- $213 / 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 $6,160 $496,958 $319,160 $177,798
2024 $6,160 $487,214 $312,902 $174,312
2023 $6,044 $477,662 $306,767 $170,895
2022 $5,769 $468,297 $300,752 $167,545
2021 $5,691 $459,115 $294,855 $164,260
2019 $5,524 $445,499 $286,110 $159,389
2018 $5,391 $436,764 $280,500 $156,264
2016 $4,167 $331,369 $207,106 $124,263
2015 $4,108 $326,393 $203,996 $122,397
2014 $4,099 $317,200 $167,000 $150,200
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Chris Johnson

    Allison James Estates & Homes

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16189506

California Regional Multiple Listing Service (CRMLS)

APN: 5114-019-024

California Los Angeles County Los Angeles 90011 Historic South Central

986 E 32nd St, Los Angeles, CA

This home is located at 986 E 32nd St, Los Angeles, CA 90011 since 25 August 2016 and is currently estimated at $797,602, approximately $409 per square foot. This property was built in 1994. 986 E 32nd St is a home located in Los Angeles County with nearby schools including Quincy Jones Elementary School, Thomas Jefferson Senior High School, and Nava College Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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