NOT LISTED FOR SALE

Estimated Value: $645,000 - $1,156,084

5 Beds
3 Baths
2,581 Sq Ft
$346/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $340,000 $132 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $5,124/month

13 Days on Market

About This Home

As of February 2014

Great investment opportunity with lots of potential. Legal duplex: Two 2BR +1BA separate units + single added onto back of front unit without permits. New carpet and paint in the 2 bedroom units; new paint in the single. Buyer can finish single with carpet, etc. and use it either as an extension of the front house or as a stand-alone rental. Conventional Buyers should obtain a free prequalification letter from Wells Fargo Home Mortgage or an entity that is a joint venture with WFHM. FHA PROBABLY WON'T WORK. Buyers also have the option to provide proof of other credit-decisioned financing or a NACA (Neighborhood Assistance Corporation of America) Qualification Letter. (See Agent Remarks.) Buyers will be responsible for L.A. City 9A report.

Last Agent to Sell the Property

Jeff Grossman

Corcoran Global Living License #00834316 Listed on: 01/03/2014

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 7,744 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,581 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5115-008-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: No
  • Living Area: 2581
  • Stories: 1
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 5
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 112.32

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 144267
  • Assessed Land Value: 216400
  • Assessor Parcel Number: 5115-008-028
  • Geocode Override: No
  • Lot Size Area: 7744

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2014
Closed on
Jan 30, 2014
Sold by
Hsbc Bank Usa National Association
Bought by
Shemirani Vandad and Diaz Alejandra
Seller's Agent
Jeff Grossman
Corcoran Global Living
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$289,900
Sold Price
$340,000
Premium/Discount to List
$50,100
17.28%
Current Estimated Value
$893,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,771
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
Oct 25, 2013
Sold by
Hernandez Ever and Hernandez Ada
Bought by
Hsbc Ban Usa National Association

Purchase Details

Closed on
Sep 5, 1997
Sold by
Thompson Alford
Bought by
Thompson Alford and Thompson Sheila Bennett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.65%

Purchase Details

Closed on
Mar 13, 1996
Sold by
Thompson Morris E
Bought by
Thompson Alford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,800
Interest Rate
6.98%

Purchase Details

Closed on
Dec 15, 1994
Sold by
Hudnell Patricia and Loretta T Smith Living Trust
Bought by
Thompson Morris E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.2%

Purchase Details

Closed on
Aug 2, 1993
Sold by
Hudnell Patricia
Bought by
Thompson Morris E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Shemirani Vandad $340,000 Servicelink
Hsbc Ban Usa National Association $330,000 Accommodation
Thompson Alford -- United Title Company
Thompson Alford -- First Southwestern Title Co
Thompson Morris E -- South Coast Title
Thompson Morris E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thompson Alford $128,000
Previous Owner Thompson Alford $10,800
Previous Owner Thompson Morris E $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $340,000 +17.3% $132 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
01/03/2014 01/03/14 For Sale $289,900 -- $112 / Sq Ft
Source: The MLS

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 $5,397 $416,783 $257,425 $159,358
2024 $5,397 $408,612 $252,378 $156,234
2023 $5,300 $400,601 $247,430 $153,171
2022 $5,065 $392,747 $242,579 $150,168
2021 $4,993 $385,047 $237,823 $147,224
2020 $5,038 $381,100 $235,385 $145,715
2019 $4,852 $373,628 $230,770 $142,858
2018 $4,715 $366,303 $226,246 $140,057
2016 $4,487 $352,080 $217,461 $134,619
2015 $4,425 $346,792 $214,195 $132,597
2014 $4,244 $323,000 $230,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 14-726473

The MLS

APN: 5115-008-028