NOT LISTED FOR SALE

Los Angeles, CA 90061

Broadway-Manchester Neighborhood

Estimated Value: $714,378 - $917,000

2 Beds
1 Bath
1,825 Sq Ft
$444/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $447,500 $245 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $4,787/month

8 Days on Market

Highlights

  • Private Yard
  • Detached Carport Space
  • 1-Story Property
  • No HOA
  • Landscaped

About This Home

As of January 2017

Upgraded Duplex! Great rental area or even better live in one unit and supplement by renting other unit! Light and bright you won't be disappointed with the amount of living area each of these units has including 2 bedrooms and 1 bath. Front unit has a dining room area. Property has been updated with newer windows, newer plumbing, newer electrical, newer framing, wall heaters, tile flooring, recessed lighting, ceiling fans, updated baths, and inside laundry. All updates have been permitted and each unit has it's owner utilities. One carport and extra long driveway for multiple cars. Back unit has a small back yard. Both units will be delivered vacant at the close of escrow.

Last Agent to Sell the Property

Nancy Bau

Corliss Realty Inc License #01202792 Listed on: 10/22/2016

Last Buyer's Agent

Perla Martinez

SoCal 5 Real Estate License #01794202

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,596

Year Built

  • Built in 1924

Lot Details

  • 5,322 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Private Yard
  • Front Yard

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,825 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • Detached Carport Space
  • Parking Available
  • Shared Driveway
  • Paved Parking

Additional Features

  • Exterior Lighting
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 194
  • Tax Tract Number 4741
  • Assessor Parcel Number 6074017016

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $400
  • Insurance Expense $700
  • Trash Expense $1,000
  • Water Sewer Expense $900
  • Operating Expense $3,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,596

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6074017016
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 245.21
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Shared Driveway, Concrete

Utilities

  • Sewer: Sewer Paid
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 5322.00
  • Lot Size Acres: 0.1222

Multi Family

  • Electric Expense: 400.00
  • Insurance Expense: 700.00
  • Lot Size Area: 5322.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 3800.00

Tax Info

  • Tax Lot: 194
  • Tax Tract Number: 4741

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2016
Closed on
Dec 30, 2016
Sold by
Linares Sergio
Bought by
Linares Merlan
Seller's Agent
Nancy Bau
Corliss Realty Inc
Buyer's Agent
Perla Martinez
SoCal 5 Real Estate
List Price
$449,000
Sold Price
$447,500
Premium/Discount to List
-$1,500
-0.33%
Current Estimated Value
$809,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$362,095
Avg. Annual Appreciation
6.95%
Original Mortgage
$439,394
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 22, 2016
Closed on
Nov 16, 2016
Sold by
Trujillo Elizabeth
Bought by
Rodriguez Alejandro
Seller's Agent
Nancy Bau
Corliss Realty Inc
Buyer's Agent
Perla Martinez
SoCal 5 Real Estate
List Price
$449,000
Sold Price
$447,500
Premium/Discount to List
-$1,500
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,394
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 2016
Sold by
Linares Merlan
Bought by
Rodriguez Alejandro and Martinez Octavio Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$439,394
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2008
Sold by
Linares Sergio
Bought by
Linares Merlan

Purchase Details

Closed on
Nov 20, 2007
Sold by
Linares Merlan
Bought by
Linares Sergio

Purchase Details

Closed on
Nov 17, 2001
Sold by
Linares Gabriel
Bought by
Linares Merlan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
6.63%

Purchase Details

Closed on
Sep 3, 1999
Sold by
Linares Merlan
Bought by
Linares Merlan and Linares Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
8.38%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 31, 1998
Sold by
Turrado Manuel
Bought by
Linares Merlan and Gabriel Linares J
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
Linares Merlan -- None Available
Rodriguez Alejandro -- Title365
Rodriguez Alejandro $447,500 Title 365
Linares Merlan -- None Available
Linares Sergio -- None Available
Linares Merlan -- Orange Coast Title
Linares Merlan -- --
Linares Merlan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Alejandro $439,394
Previous Owner Linares Merlan $48,500
Previous Owner Linares Merlan $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2017 01/04/17 Sold $447,500 -0.3% $245 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
10/22/2016 10/22/16 For Sale $449,000 -- $246 / 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 $6,596 $521,097 $288,983 $232,114
2024 $6,596 $510,880 $283,317 $227,563
2023 $6,471 $500,863 $277,762 $223,101
2022 $6,180 $491,043 $272,316 $218,727
2021 $6,097 $481,416 $266,977 $214,439
2019 $5,916 $467,139 $259,059 $208,080
2018 $5,836 $457,980 $253,980 $204,000
2016 $2,372 $172,296 $57,991 $114,305
2015 $2,336 $169,709 $57,120 $112,589
2014 $2,348 $166,386 $56,002 $110,384
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nancy Bau

    Corliss Realty Inc

    Section Image
  • Perla Martinez

    Buyer's Agent in 2017

    Perla Martinez

    SoCal 5 Real Estate

    (213) 300-5784

    49 Total Sales

    Perla Martinez
    Section Image
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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC16731617

California Regional Multiple Listing Service (CRMLS)

APN: 6074-017-016

California Los Angeles County Los Angeles 90061

Broadway-Manchester

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