$1,100,000
SOLD JAN 16, 2025
6 Beds
4 Baths
2,024 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$543 Per Sq Ft

91% Below List Price

35 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Cooling System Powered By Gas
  • Private Yard
  • Double Pane Windows
  • Living Room

About This Home

As of January 2025

Welcome to this stunning Gramercy Park home featuring 3 bedrooms and 2 baths, offering 1,134 sq ft of modern living space. The open floor plan creates a spacious and inviting atmosphere, perfect for entertaining. Additionally, the Permitted detached 3-bedroom, 2-bath ADU provides another 890 sq ft—ideal for guests or rental income! Both units have been tastefully updated with newer flooring, stylish kitchens, and refreshed bathrooms. Enjoy comfort with efficient AC units throughout. Step outside to a big backyard, perfect for outdoor gatherings and relaxation. Conveniently located just blocks from SpaceX Sofi stadium and Intuit Dome, this property is only 10 miles from the airport and a quick 10-mile drive to downtown L.A. Don’t miss out on this incredible opportunity in a vibrant and sought-after neighborhood!

Last Agent to Sell the Property

Jorge Sanchez

Nest Real Estate Brokerage Email: jorgesanchezre30@gmail.com License #01722011 Listed on: 11/07/2024

Nest Real Estate

Last Buyer's Agent

Deeaudrey Barrow

Chase Skye Realty Group License #02006995

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,468

Year Built

  • Built in 1938 | Remodeled

Lot Details

  • 6,500 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Private Yard
  • Lawn
  • Back and Front Yard
  • On-Hand Building Permits

Property Views

  • City Lights
  • Woods
  • Neighborhood

Home Design

  • Duplex
  • Additions or Alterations
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,024 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Driveway
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Powered By Gas
  • Central Air

Listing and Financial Details

  • Tax Lot 108
  • Tax Tract Number 7464
  • Assessor Parcel Number 6059003012
  • $309 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,468

Year Built

Built in 1938 | Remodeled

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 549500
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Gramercy Park
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Additions/Alterations, Building Permit, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6059003012
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: Driveway
  • Common Walls: 2+ Common Walls
  • Flooring: Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 543.48
  • Room Type: Kitchen, Laundry, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • View: City Lights, Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Concrete

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Available
  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2380.00
  • Tax Lot: 108
  • Tax Tract Number: 7464
  • TaxOtherAnnualAssessmentAmount: 309.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Dec 17, 2024
Sold by
Cardona Properties Llc
Bought by
Wynn Octavia L
Seller's Agent
Jorge Sanchez
Nest Real Estate
Buyer's Agent
Deeaudrey Barrow
Chase Skye Realty Group
List Price
$11,750,000
Sold Price
$1,100,000
Premium/Discount to List
-$10,650,000
-90.64%
Views
32
Current Estimated Value
$1,051,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,718
Avg. Annual Appreciation
-21.05%
Original Mortgage
$1,100,000
Outstanding Balance
$1,093,179
Interest Rate
6.69%
Mortgage Type
VA
Estimated Equity
-$122,676

Purchase Details

Listed on
Jan 9, 2024
Closed on
Feb 28, 2024
Sold by
Gloria Ann Pittman Revocable Living Trus
Bought by
Cardona Properties Llc
Seller's Agent
Louis Chavez
Exp Commercial of California, Inc.
Buyer's Agent
Louis Chavez
Exp Commercial of California, Inc.
List Price
$599,000
Sold Price
$613,000
Premium/Discount to List
$14,000
2.34%
Views
156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.28%
Original Mortgage
$722,500
Interest Rate
6.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2020
Sold by
Pittman Gloria Ann
Bought by
Pittman Gloria Ann

Purchase Details

Closed on
Jul 19, 2013
Sold by
Pittman George and Pittman Gloria Ann
Bought by
Pittman Gloria Ann
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,115,000 Wfg National Title
Grant Deed $1,115,000 Wfg National Title
Grant Deed $613,000 Equity Title Company
Interfamily Deed Transfer -- Accommodation
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 VA
Closed $1,100,000 VA
Previous Owner $722,500 New Conventional
Previous Owner $975,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $435,478 FHA
Previous Owner $146,250 Stand Alone First
Previous Owner $111,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/16/2025 01/16/25 Sold $1,100,000 +0.1% $543 / Sq Ft
12/02/2024 12/02/24 Price Changed $1,099,000 -90.6% $543 / Sq Ft
11/07/2024 11/07/24 For Sale $11,750,000 +1816.8% $5,805 / Sq Ft
03/19/2024 03/19/24 Sold $613,000 +2.3% $541 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $599,000 -- $528 / 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 $7,468 $597,000 $500,000 $97,000
2023 $728 $41,870 $16,927 $24,943
2022 $706 $41,050 $16,596 $24,454
2021 $688 $40,246 $16,271 $23,975
2019 $672 $39,055 $15,790 $23,265
2018 $579 $38,290 $15,481 $22,809
2017 $569 $37,540 $15,178 $22,362
2016 $543 $36,805 $14,881 $21,924
2015 $536 $36,253 $14,658 $21,595
2014 $549 $35,543 $14,371 $21,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24229872

California Regional Multiple Listing Service (CRMLS)

APN: 6059-003-012