NOT LISTED FOR SALE

6130 E Olympic Blvd Los Angeles, CA 90022

Estimated Value: $657,000 - $768,000

3 Beds
2 Baths
1,310 Sq Ft
$561/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $651,000 $497 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,843/month

10 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 5-minute walk to Saybrook Park
  • Laundry Room

About This Home

As of July 2022

Honey Stop the Car!!! Stop throwing money away on rent and time to own this beautiful duplex! Featuring front unit with 2 bedrooms /1 bathroom, and back unit with 2 bedrooms/2 bathrooms this unit will not last priced to sell!!!

Last Listed By

Tony Serrano

COLDWELL BANKER EXCLUSIVE License #01384277 Listed on: 04/20/2022

COLDWELL BANKER EXCLUSIVE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,939

Year Built

  • Built in 1953

Lot Details

  • 2,738 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,310 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 279
  • Tax Tract Number 9033
  • Assessor Parcel Number 6338012003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,440
  • Insurance Expense $1,200
  • Trash Expense $1
  • Water Sewer Expense $1,800
  • Operating Expense $3,240
  • Gross Income $16,800
  • Net Operating Income $13,560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,939

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 325500
  • Property Attached: No
  • Water Sewer Expenses: 1800.00
  • Zoning: LCR3YY
  • Property Type: Residential Income
  • Parcel Number: 6338012003
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 496.95

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Unknown
  • Trash Expense: 1.00
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 2738.00
  • Lot Size Acres: 0.0629

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 1440.00
  • Gross Income: 16800.00
  • Gross Scheduled Income: 16800.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 2738.0000 Square Feet
  • Net Operating Income: 13560.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3240.00
  • Rent Control: Yes
  • Total Expenses: 3240.00

Tax Info

  • Tax Census Tract: 5319.01
  • Tax Lot: 279
  • Tax Tract Number: 9033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 23, 2022
Sold by
Sophia Franco Ashley
Bought by
Martinez Lorena
Seller's Agent
Tony Serrano
COLDWELL BANKER EXCLUSIVE
List Price
$630,000
Sold Price
$651,000
Premium/Discount to List
$21,000
3.33%
Total Days on Market
10
Current Estimated Value
$734,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,264
Avg. Annual Appreciation
3.99%
Original Mortgage
$0
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
May 2, 2022
Sold by
Victor Garcia
Bought by
Martinez Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
5.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2005
Sold by
Garcia Margarita
Bought by
Garcia Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.7%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 27, 2000
Sold by
Valadez Manuela and Valadez Juan Manuel
Bought by
Garcia Victor and Garcia Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,593
Interest Rate
8.12%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 7, 1998
Sold by
Valadez Juan
Bought by
Valades Manuela and Valadez Manuel

Range of Values:

Collateral Analytics

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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
Garcia Victor -- First American Title Company
Garcia Victor $172,000 Southland Title
Valades Manuela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Victor $322,500
Closed Garcia Victor $228,000
Closed Garcia Victor $20,000
Closed Garcia Victor $181,500
Closed Garcia Victor $177,628
Previous Owner Garcia Victor $170,593
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $651,000 0.0% $497 / Sq Ft
05/23/2022 05/23/22 Price Changed $651,000 +3.3% $497 / Sq Ft
05/02/2022 05/02/22 For Sale $630,000 -3.2% $481 / Sq Ft
04/30/2022 04/30/22 Off Market $651,000 -- --
04/30/2022 04/30/22 For Sale $630,000 -3.2% $481 / Sq Ft
04/27/2022 04/27/22 Off Market $651,000 -- --
04/20/2022 04/20/22 For Sale $630,000 -- $481 / 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 $8,939 $664,020 $358,020 $306,000
2023 $8,782 $651,000 $351,000 $300,000
2022 $3,934 $244,208 $135,596 $108,612
2021 $3,817 $239,421 $132,938 $106,483
2020 $3,792 $236,967 $131,575 $105,392
2019 $3,693 $232,322 $128,996 $103,326
2018 $3,728 $227,767 $126,467 $101,300
2016 $3,578 $218,924 $121,557 $97,367
2015 $3,403 $215,637 $119,732 $95,905
2014 $3,319 $211,414 $117,387 $94,027
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22080713

California Regional Multiple Listing Service (CRMLS)

APN: 6338-012-003