NOT LISTED FOR SALE

Estimated Value: $855,146 - $975,000

4 Beds
2 Baths
1,788 Sq Ft
$501/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $875,000 $489 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,812/month

34 Days on Market

About This Home

As of December 2023

Explore this exceptional investment opportunity in the heart of Los Angeles, CA. This expansive duplex encompasses two units, each comprising 2 bedrooms and 1 bathroom, large dining room, nice size kitchen and separate laundry rooms. Nestled on a tranquil street, this property showcases an expansive backyard and offers convenient proximity to Sofi Stadium and the upcoming Intuit Arena. With its nearness to LAX, the beach, and its central positioning, this property provides effortless access to all of Los Angeles's amenities and attractions. Moreover, the garage presents the potential for an accessory dwelling unit (ADU), making it an ideal choice for both long-term and short-term rentals. Whether you opt to reside in one unit while leasing the other or make it a pure investment endeavor, this property stands as the ultimate selection. This beautiful property is literally one of the best property in the area. Notable features include a private laundry area in each unit, newer windows, and central AC and heating for enhanced comfort. NOTE: Both Units will be delivered VACANT at the close of escrow.

Last Agent to Sell the Property

Aisha Andrews

Architectural Estates License #01706972 Listed on: 09/14/2023

Last Buyer's Agent

Aisha Andrews

Architectural Estates License #01706972 Listed on: 09/14/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,603

Year Built

  • Built in 1947

Lot Details

  • 5,656 Sq Ft Lot
  • Property is zoned LCR2YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,788 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 6058-002-025

Community Details

Overview

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,603

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 1788
  • Lot Acreage: 0.1298
  • Stories: 2
  • Year Built: 1947
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 489.37

Exterior Features

  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 10.07
  • Assessed Improvement Value: 70380
  • Assessed Land Percent: 89.93
  • Assessed Land Value: 628320
  • Total Assessed Value: 698700
  • Assessor Parcel Number: 6058-002-025
  • Lot Size Area: 5656

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: DUPLEX
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Nov 29, 2023
Sold by
Evans Melonee Mitchell
Bought by
Evans David
Seller's Agent
Aisha Andrews
Architectural Estates
Buyer's Agent
Aisha Andrews
Architectural Estates
List Price
$915,000
Sold Price
$875,000
Premium/Discount to List
-$40,000
-4.37%
Views
134
Current Estimated Value
$896,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,037
Avg. Annual Appreciation
-0.11%
Original Mortgage
$787,412
Outstanding Balance
$774,664
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$98,647

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 23, 2023
Sold by
Hall Isadore
Bought by
Evans Nicholas and Evans David
Seller's Agent
Aisha Andrews
Architectural Estates
Buyer's Agent
Aisha Andrews
Architectural Estates
List Price
$915,000
Sold Price
$875,000
Premium/Discount to List
-$40,000
-4.37%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,412
Outstanding Balance
$774,664
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$98,647

Purchase Details

Listed on
Mar 25, 2021
Closed on
May 12, 2021
Sold by
Gross Gregory
Bought by
Hall Isadore
Seller's Agent
Benjamin Kahle
Compass
Buyer's Agent
Isadore Hall
NextHome Bella Properties
List Price
$649,000
Sold Price
$685,000
Premium/Discount to List
$36,000
5.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%
Original Mortgage
$672,592
Interest Rate
2.9%
Mortgage Type
FHA
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
Evans David -- Lawyers Title
Evans Nicholas $875,000 Lawyers Title
Hall Isadore $685,000 Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Nicholas $787,412
Previous Owner Hall Isadore $672,592
Previous Owner Robinson Wilson W $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $875,000 0.0% $489 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $875,000 -4.4% $489 / Sq Ft
09/14/2023 09/14/23 For Sale $915,000 +33.6% $512 / Sq Ft
06/18/2021 06/18/21 Sold $685,000 +5.5% $383 / Sq Ft
04/14/2021 04/14/21 Pending -- -- --
03/25/2021 03/25/21 For Sale $649,000 -- $363 / 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 $11,603 $892,500 $714,000 $178,500
2024 $11,603 $875,000 $700,000 $175,000
2023 $9,513 $712,673 $640,886 $71,787
2022 $9,070 $698,700 $628,320 $70,380
2021 $1,641 $53,165 $20,578 $32,587
2020 $1,643 $52,620 $20,367 $32,253
2019 $1,610 $51,589 $19,968 $31,621
2018 $1,548 $50,578 $19,577 $31,001
2016 $1,481 $48,617 $18,818 $29,799
2015 $1,465 $47,888 $18,536 $29,352
2014 $1,476 $46,951 $18,173 $28,778
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-311467

The MLS

APN: 6058-002-025