NOT LISTED FOR SALE

319 N Mcdonnell Ave Los Angeles, CA 90022

Estimated Value: $674,000 - $834,000

4 Beds
2 Baths
1,356 Sq Ft
$546/Sq Ft Est. Value

Last Sold November 27, 2012

Last sale price $285,000 $210 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $4,572/month

17 Days on Market

Highlights

  • Bungalow
  • Wood Siding
  • No Heating
  • James A. Garfield Senior High School Rated A

About This Home

As of November 2012

2 units in very desirable East Los Angeles 90022 area. Front house is 3 bedroom 1 bath house back house is 1 bedroom 1 bath and has already been fixed up. No showings until property is vacant. Drive by only and do not disturb tenants.

Last Listed By

Frank Moreno

24 Hour Real Estate License #01129668 Listed on: 09/23/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,301

Year Built

  • Built in 1927

Lot Details

  • 5,051

Parking

  • 2 Parking Spaces

Home Design

  • 1,356 Sq Ft Home
  • Bungalow
  • Wood Siding
  • Stucco

Additional Features

  • 5,051 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 20 / B
  • Tax Tract Number 6227
  • Assessor Parcel Number 5235006018

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $800
  • New Taxes Expense $4,112
  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,301

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 5235006018
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 210.18

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5051.00
  • Lot Size Acres: 0.1160

Multi Family

  • Gross Income: 2300.00
  • Gross Multiplier: 143.43
  • Gross Scheduled Income: 2300.00
  • Insurance Expense: 800.00
  • Lot Size Area: 5051.0000 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

Tax Info

  • New Taxes Expense: 4112.00
  • Tax Area: 940
  • Tax Block: B
  • Tax Lot: 20
  • Tax Tract Number: 6227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2020
Sold by
Garcia Desiree Marie
Bought by
Lara Andrew Corban and Lara Desiree Marie
Total Days on Market
17
Current Estimated Value
$739,894

Purchase Details

Listed on
Sep 23, 2012
Closed on
Nov 20, 2012
Sold by
Frias Manuel A and Frias Gicela
Bought by
Garcia Desiree Marie
Seller's Agent
Frank Moreno
24 Hour Real Estate
Buyer's Agent
Peter Licon
24 Hour Real Estate
List Price
$329,900
Sold Price
$285,000
Premium/Discount to List
-$44,900
-13.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$279,837
Outstanding Balance
$199,845
Interest Rate
3.35%
Mortgage Type
FHA
Estimated Equity
$539,620

Purchase Details

Closed on
May 31, 2012
Sold by
Lopez Maria Teresa and The Lopez Family Living Trust
Bought by
Frias Manuel A and Frias Gicela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 27, 1998
Sold by
Lopez Adalberto M and Lopez Maria T
Bought by
Lopez Adalberto M and Lopez Maria Teresa

Range of Values:

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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
Lara Andrew Corban -- None Available
Garcia Desiree Marie $285,000 Lawyers Title Co
Frias Manuel A $190,000 Lawyers Title
Lopez Adalberto M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Desiree Marie $15,000
Open Garcia Desiree Marie $279,837
Previous Owner Frias Manuel A $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2012 11/27/12 Sold $285,000 -13.6% $210 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
09/23/2012 09/23/12 For Sale $329,900 -- $243 / 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 $5,301 $344,064 $265,596 $78,468
2023 $5,046 $337,319 $260,389 $76,930
2022 $4,830 $330,706 $255,284 $75,422
2021 $4,773 $324,223 $250,279 $73,944
2020 $4,803 $320,899 $247,713 $73,186
2019 $4,637 $314,607 $242,856 $71,751
2018 $4,505 $308,440 $238,095 $70,345
2016 $4,318 $296,464 $228,850 $67,614
2015 $4,254 $292,012 $225,413 $66,599
2014 $4,256 $286,293 $220,998 $65,295
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: Y1205035

California Regional Multiple Listing Service (CRMLS)

APN: 5235-006-018