NOT LISTED FOR SALE

Estimated Value: $984,000 - $1,396,559

4 Beds
2 Baths
1,560 Sq Ft
$738/Sq Ft Est. Value

Last Sold March 30, 2023

Last sale price $1,000,000 $641 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,461/month

39 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Laundry Room
  • Wood Flooring

About This Home

As of March 2023

Ideal Investment opportunity !!! Beautiful Duplex nestled in a highly desirable area of West Los Angeles. Each unit features 2 bedroom's 1 bath, beautiful hardwood floors, each has a back patio and laundry hook-ups, interior and exterior painted. Has newer electrical panel and electric has been upgraded throughout units and newer windows installed. Plenty of backyard for entertainment. Not to mention this duplex is conveniently located near lots of shopping, dining and minutes away from Beverly Hills. This is the perfect opportunity to live in one unit and rent the other - You do not want to miss this one!

Last Listed By

Maria Leon

Excellence RE Real Estate License #01447706 Listed on: 12/18/2022

Excellence RE Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,562

Year Built

  • Built in 1925

Lot Details

  • 5,479 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,560 Sq Ft Home
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 28 / 1
  • Tax Tract Number 1740
  • Assessor Parcel Number 5070012029
  • $313 per year additional tax assessments

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
  • Insurance Expense $4,800
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Operating Expense $6,600
  • Gross Income $18,000
  • Net Operating Income $11,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,562

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 540000
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LARD1.5
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5070012029
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Price Per Square Foot: 641.03
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5479.00
  • Lot Size Acres: 0.1258

Multi Family

  • Gross Income: 18000.00
  • Gross Scheduled Income: 18000.00
  • Insurance Expense: 4800.00
  • Lot Size Area: 5479.0000 Square Feet
  • Net Operating Income: 11400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6600.00
  • Rent Control: Yes
  • Total Expenses: 6600.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2171.01
  • Tax Lot: 28
  • Tax Tract Number: 1740
  • TaxOtherAnnualAssessmentAmount: 313.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2022
Closed on
Feb 1, 2023
Sold by
Carreon Hector
Bought by
Jauregui Samuel
Seller's Agent
Maria Leon
Excellence RE Real Estate
Buyer's Agent
Maria Leon
Excellence RE Real Estate
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%
Total Days on Market
39
Views
49
Current Estimated Value
$1,151,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,390
Avg. Annual Appreciation
6.75%
Original Mortgage
$981,887
Interest Rate
6.32%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2021
Sold by
Carreon Hector and Munoz Dora Y
Bought by
Carreon Hector

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 2010
Sold by
Carreon Hector Manuel
Bought by
Carreon Hector Manuel and Salinas Salvador M

Purchase Details

Closed on
Nov 30, 2010
Sold by
Carreon Hector Manuel
Bought by
Carreon Hector Manuel and Chavez Sonia

Purchase Details

Closed on
Sep 30, 2010
Sold by
Carreon Hector Manuel
Bought by
Carreon Hector Manuel and Delacruz Juan

Purchase Details

Closed on
Oct 4, 2006
Sold by
Awesome Investments
Bought by
Carreon Hector Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2006
Sold by
Munoz Dora Yaneth
Bought by
Carreon Hector Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
7.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2005
Sold by
Valdelamar Martha
Bought by
Awesome Investments and Wicks Investments

Purchase Details

Closed on
Oct 31, 2005
Sold by
Valdelamar Felix
Bought by
Valdelamar Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,750
Interest Rate
8.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 21, 2005
Sold by
Brown Camille and Brown Holly Le
Bought by
Valdelamar Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,750
Interest Rate
8.8%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 23, 2005
Sold by
The Carolyn T St Cyr Revocable Living Tr
Bought by
Brown Camille

Purchase Details

Closed on
May 3, 2005
Sold by
St Cyr Carolyn
Bought by
Holly Le Verta M

Purchase Details

Closed on
Mar 10, 2005
Sold by
St Cyr Carolyn
Bought by
The Carolyn T St Cyr Revocable Living Tr

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
Jauregui Samuel $1,000,000 Monarch Title
Carreon Hector -- Wfg National Title Co Of Ca
Carreon Hector Manuel -- None Available
Carreon Hector Manuel -- None Available
Carreon Hector Manuel -- None Available
Carreon Hector -- None Available
Carreon Hector Manuel $665,000 Fidelity National Title
Carreon Hector Manuel -- Fidelity National Title
Awesome Investments -- --
Valdelamar Martha -- Commonwealth Title
Valdelamar Martha $465,000 Commonwealth Title
Brown Camille -- --
The Carolyn T St Cyr Revocable Living Tr -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jauregui Samuel $981,887
Previous Owner Carreon Hector $350,000
Previous Owner Carreon Hector Manuel $532,000
Previous Owner Carreon Hector Manuel $133,000
Previous Owner Valdelamar Martha $441,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2023 03/30/23 Sold $1,000,000 -7.4% $641 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
01/18/2023 01/18/23 Price Changed $1,080,000 -1.8% $692 / Sq Ft
12/18/2022 12/18/22 For Sale $1,100,000 -- $705 / 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
2024 $12,562 $1,020,000 $612,000 $408,000
2023 $9,257 $744,407 $620,345 $124,062
2022 $8,834 $724,360 $603,637 $120,723
2021 $3,851 $301,096 $264,467 $36,629
2020 $3,887 $298,010 $261,756 $36,254
2019 $3,742 $292,168 $256,624 $35,544
2018 $3,645 $286,441 $251,593 $34,848
2016 $3,477 $275,320 $241,824 $33,496
2015 $3,428 $271,185 $238,192 $32,993
2014 $3,453 $265,874 $233,527 $32,347
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22255282

California Regional Multiple Listing Service (CRMLS)

APN: 5070-012-029