NOT LISTED FOR SALE

1016 S Mansfield Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,670,000 - $2,198,087

6 Beds
4 Baths
3,937 Sq Ft
$470/Sq Ft Est. Value

Last Sold October 24, 2017

Last sale price $1,300,000 $330 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,178/month

17 Days on Market

About This Home

As of October 2017

Huge duplex with plenty of upside potential! Upper and lower units are each 3 bedroom/2 baths. Each unit is almost 2,000SF! Great layouts with spacious rooms. Lower unit will be delivered vacant and features a newer kitchen with granite counters and a stainless-steel dishwasher and range. Most of the windows in the lower unit have been replaced with dual-paned vinyl windows. Great owner/user or investor opportunity!

Last Agent to Sell the Property

David Hitt

Redfin License #01210537 Listed on: 05/13/2017

Redfin

Co-Listed By

Ronald Shore

eXp Realty of Greater Los Angeles License #01487451

Last Buyer's Agent

Victor Migenes

Property Concierge License #01833363

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,879

Year Built

  • Built in 1925

Lot Details

  • 7,295

Parking

  • 3 Car Garage

Interior Spaces

  • 3,937 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 7,295 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-010-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,879

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3937
  • Probate: No
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Range/Oven
  • Price Per S Q F T: 342.65

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 3 Car
  • Total Parking: 3

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 54446
  • Assessed Land Value: 32280
  • Assessor Parcel Number: 5084-010-022
  • Geocode Override: No
  • Lot Size Area: 7295

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2022
Sold by
Gutson Rachel D
Bought by
Rachel Danielle Gutson Revocable 2022 Trust
Current Estimated Value
$1,850,772

Purchase Details

Listed on
May 13, 2017
Closed on
Oct 18, 2017
Sold by
Yee Kenneth Karsheung and Wong So Ying
Bought by
Gutson Rachel D
Seller's Agent
David Hitt
Redfin
Buyer's Agent
Victor Migenes
Property Concierge
List Price
$1,349,000
Sold Price
$1,300,000
Premium/Discount to List
-$49,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%
Original Mortgage
$780,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2004
Sold by
Yee Chung Chow and Yee Kenneth Karsheung
Bought by
Yee Kenneth Karsheung and Yee Kar Chun

Purchase Details

Closed on
Mar 22, 2001
Sold by
Yee Chung Chow
Bought by
Yee Chung Chow and Yee Kenneth Karsheung
Source: Public Records

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
Rachel Danielle Gutson Revocable 2022 Trust -- Law Office Of Randy Spiro
Gutson Rachel D $1,300,000 First American Title
Yee Joseph Karchung -- First American Title Company
Yee Vincent Karchuw -- First American Title Company
Yee Samuel Karshun -- First American Title Company
Yee Lee Karen Yuk Ying -- First American Title Company
Wong So Ying -- First American Title Company
Yee Kenneth Karsheung -- --
Yee Chung Chow -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutson Rachel D $780,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/24/2017 10/24/17 Sold $1,300,000 -3.6% $330 / Sq Ft
05/30/2017 05/30/17 Pending -- -- --
05/13/2017 05/13/17 For Sale $1,349,000 -- $343 / Sq Ft
Source: The MLS

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 $17,879 $1,479,174 $910,261 $568,913
2024 $17,879 $1,450,171 $892,413 $557,758
2023 $17,538 $1,421,737 $874,915 $546,822
2022 $16,730 $1,393,860 $857,760 $536,100
2021 $16,510 $1,366,531 $840,942 $525,589
2019 $16,017 $1,326,000 $816,000 $510,000
2018 $15,846 $1,300,000 $800,000 $500,000
2016 $1,273 $86,726 $32,280 $54,446
2015 $1,257 $85,425 $31,796 $53,629
2014 $1,277 $83,753 $31,174 $52,579
Source: Public Records

Agents Affiliated with this Home

  • Ronald Shore

    Seller Co-Listing Agent in 2017

    Ronald Shore

    eXp Realty of Greater Los Angeles

    (310) 339-3094

    33 Total Sales

    Ronald Shore
    Section Image
  • Victor Migenes

    Buyer's Agent in 2017

    Victor Migenes

    Property Concierge

    (213) 718-3558

    21 Total Sales

    Victor Migenes
    Section Image
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Map

Source: The MLS

MLS Number: 17-230964

The MLS

APN: 5084-010-022

California Los Angeles County Los Angeles 90019 Miracle Mile

1016 S Mansfield Ave, Los Angeles, CA

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