10
Beds
6
Baths
3,646
Sq Ft
5,140
Sq Ft Lot
Highlights
- Solar Power System
- No HOA
- Living Room
- Contemporary Architecture
- Double Pane Windows
- Laundry Room
About This Home
As of November 2024Searching for a lucrative real estate investment in South Los Angeles? Built in December 2021 on a generous lot, this modern duplex in a Green Meadows neighborhood might be what you’re looking for! These back-to-back units each feature five spacious bedrooms, three baths, a well-equipped kitchen, and a laundry nook. Currently occupied, both residences enjoy privacy and security with a gated front yard, separated entries, and mirrored interiors with high ceilings, plush carpet, and wide windows. Live in one while leasing the other or rent the pair for a steady revenue stream.
Notables include, 1-car garage and 2-car garage with plenty of additional parking. Owned solar panels that can be transferred at no cost, ensuring sustainable energy efficiency. In addition, this unique property also benefits from a special state program that enhances its financial potential. With proximity to the 105 and 110 freeways, you’ll have easy access to various conveniences as well as local favorites like Pupuseria Lemus, Ted Watkins Memorial Park, Magic Johnson Park, Superior Grocers, and nearby schools. Come take advantage of this rare find while it’s still available!
Last Agent to Sell the Property
U.S. Realty Group Inc. Brokerage Phone: 714-328-2991 License #01182440 Listed on: 09/23/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $15,650
Year Built
- Built in 2021 | Remodeled
Lot Details
- 5,140 Sq Ft Lot
- 1 Common Wall
- Wrought Iron Fence
- Front Yard Sprinklers
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Parking Available
- Front Facing Garage
- Rear-Facing Garage
- Two Garage Doors
- Driveway Level
- Controlled Entrance
Home Design
- Duplex
- Contemporary Architecture
- Turnkey
- Raised Foundation
- Composition Roof
- Wood Siding
- Copper Plumbing
- Stucco
Interior Spaces
- 3,646 Sq Ft Home
- 2-Story Property
- Double Pane Windows
- Blinds
- Window Screens
- Panel Doors
- Living Room
- Gas Range
- Laundry Room
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 10 Bedrooms
- 6 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Solar Power System
- Solar owned by seller
Utilities
- Forced Air Heating System
- High Efficiency Heating System
- Heating System Uses Natural Gas
- 220 Volts
- Natural Gas Connected
- High-Efficiency Water Heater
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 19 / 13
- Tax Tract Number 6401
- Assessor Parcel Number 6063011018
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Electric Expense $1,800
- Fuel Expense $1,200
- Gardener Expense $1,200
- Insurance Expense $4,500
- Other Expense $2,400
- Trash Expense $480
- Water Sewer Expense $1,800
- Operating Expense $8,880
- Gross Income $132,000
- Net Operating Income $123,120
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 23, 2024
Closed on
Nov 12, 2024
Sold by
Willie Michael Duane
Bought by
My Home Mi Casa Llc
Seller's Agent
Donna SantaMaria
U.S. Realty Group Inc.
Buyer's Agent
William Neri
Berkshire Hathaway HomeService
List Price
$1,300,000
Sold Price
$1,300,000
Total Days on Market
18
Views
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,140
Avg. Annual Appreciation
-1.16%
Purchase Details
Listed on
Mar 31, 2021
Closed on
Apr 19, 2021
Sold by
Alvarez Maria Rivera and Proscia Rocio
Bought by
Ocean Development Inc
Seller's Agent
Ana B Gutierrez
Realty World Experts
Buyer's Agent
Ana B Gutierrez
Realty World Experts
List Price
$435,000
Sold Price
$460,000
Premium/Discount to List
$25,000
5.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.56%
Original Mortgage
$750,000
Interest Rate
3.1%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 11, 2019
Sold by
Alvarez Jose R and Alvarez Cecilia
Bought by
Alvarez Maria Rivera and Proscia Rocio
Purchase Details
Closed on
Nov 10, 2014
Sold by
Alvarez Jose R
Bought by
Alvarez Jose R and Alvarez Cecilia
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 24, 2000
Sold by
Trust Alvarez, Jose R Tr Maria R Alvarez
Bought by
Alvarez Jose R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,300
Interest Rate
8.18%
Purchase Details
Closed on
Nov 19, 1998
Sold by
Alvarez Maria R
Bought by
Alvarez Jose R and Maria R Alvarez Trust
Purchase Details
Closed on
Nov 22, 1993
Sold by
Alvarez Maria R B
Bought by
Alvarez Maria R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
6.88%
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,300,000 | Orange Coast Title Company | |
| Grant Deed | $1,300,000 | Orange Coast Title Company | |
| Grant Deed | $460,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Gift Deed | -- | Stewart Title | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | Continental Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $881,250 | New Conventional | |
| Previous Owner | $763,000 | Commercial | |
| Previous Owner | $750,000 | Unknown | |
| Previous Owner | $169,000 | New Conventional | |
| Previous Owner | $196,650 | Fannie Mae Freddie Mac | |
| Previous Owner | $131,100 | Unknown | |
| Previous Owner | $24,500 | Unknown | |
| Previous Owner | $92,300 | No Value Available | |
| Previous Owner | $82,000 | No Value Available | |
| Closed | $0 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $1,300,000 | 0.0% | $357 / Sq Ft |
| 09/23/2024 09/23/24 | For Sale | $1,300,000 | +182.6% | $357 / Sq Ft |
| 04/26/2021 04/26/21 | Sold | $460,000 | +5.7% | $441 / Sq Ft |
| 04/06/2021 04/06/21 | Pending | -- | -- | -- |
| 03/31/2021 03/31/21 | For Sale | $435,000 | -- | $417 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $15,957 | $1,300,000 | $600,000 | $700,000 |
| 2024 | $15,957 | $1,274,490 | $936,360 | $338,130 |
| 2023 | $15,650 | $1,249,500 | $918,000 | $331,500 |
| 2022 | $5,939 | $469,200 | $375,360 | $93,840 |
| 2021 | $5,486 | $431,000 | $321,000 | $110,000 |
| 2020 | $2,020 | $140,518 | $66,043 | $74,475 |
| 2019 | $1,949 | $137,764 | $64,749 | $73,015 |
| 2018 | $1,893 | $135,064 | $63,480 | $71,584 |
| 2016 | $1,796 | $129,821 | $61,016 | $68,805 |
| 2015 | $1,768 | $127,872 | $60,100 | $67,772 |
| 2014 | $1,775 | $125,368 | $58,923 | $66,445 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2024
Donna SantaMaria
U.S. Realty Group Inc.
(714) 328-2991
1 in this area
6 Total Sales
-
Buyer's Agent in 2024
William Neri
Berkshire Hathaway HomeService
(562) 644-1487
1 in this area
19 Total Sales
-
Seller's Agent in 2021
Ana B Gutierrez
Realty World Experts
(562) 499-9059
1 in this area
17 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC24196831
APN: 6063-011-018
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.
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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