NOT LISTED FOR SALE

1040 S Cloverdale Ave Unit 4 Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,086,000 - $2,155,496

2 Beds
1 Bath
1,000 Sq Ft
7,797 Sq Ft Lot

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room
  • Dining Room

About This Home

As of July 2023

Charming 1920's Spanish building in a very central location. This upper unit has just been remodeled and features a new kitchen with built-in appliances, lots of storage and a separate laundry area. The living room is open to the dining area and offers good light and newly refinished hardwood floors. 2 well sized bedrooms, remodeled bathroom with separate tub and shower plus lots of storage space. Parking for one car in front of a dedicated garage which is perfect for more storage (kind of small for a car). Lots of character and light.

Last Agent to Rent the Property

Rick Llanos

Coldwell Banker Realty License #01123101 Listed on: 07/18/2023

Coldwell Banker Realty

Last Renter's Agent

Rick Llanos

Coldwell Banker Realty License #01123101 Listed on: 07/18/2023

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,272

Year Built

  • Built in 1928

Lot Details

  • 7,797

Home Design

  • Spanish Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,300
  • Tenant pays for electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 5084-016-026

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$13,272

Year Built

Built in 1928

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Security Deposit: 3300
  • Tenant Pays: Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Spanish
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Living Area: 1000
  • Lot Acreage: 0.1790
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1928
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3.30

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Assigned
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5084-016-026
  • Lot Size Area: 7799

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2011
Sold by
Lane Paul G
Bought by
Lane Paul G and Lane Cynthia R
Current Estimated Value
$1,523,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,200
Outstanding Balance
$389,379
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,133,995

Purchase Details

Closed on
Dec 13, 2010
Sold by
Lane Paul G
Bought by
Lane Paul G and Lane Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,500
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Lane Paul G
Bought by
Lane Paul G and Lane Cynthia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$564,500
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2008
Sold by
Lane Paul G
Bought by
Lane Paul G and Roe Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$569,000
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Lane Paul G
Bought by
Lane Paul G and Roe Cynthia

Purchase Details

Closed on
Jan 27, 2003
Sold by
Walton Donald D
Bought by
Lane Paul and Roe Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,766
Interest Rate
5.5%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Mitchell Gloria J
Bought by
Walton Donald D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,800
Interest Rate
7.15%

Purchase Details

Closed on
Oct 14, 1996
Sold by
King King F
Bought by
Mitchell Gloria J and Valeria Norwood E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,755
Interest Rate
7.91%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Lane Paul G -- None Available
Lane Paul G -- American Coast Title
Lane Paul G -- None Available
Lane Paul G -- American Coast Title Co
Lane Paul G -- None Available
Lane Paul G -- Equity Title
Lane Paul G -- --
Lane Paul $735,000 Investors Title Company
Walton Donald D $496,000 Southland Title
Mitchell Gloria J $215,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lane Paul G $575,200
Closed Lane Paul G $564,500
Closed Lane Paul G $569,000
Closed Lane Paul $528,766
Previous Owner Walton Donald D $396,800
Previous Owner Mitchell Gloria J $204,755
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2023 07/24/23 Rented $3,300 0.0% --
07/18/2023 07/18/23 For Rent $3,300 -- --
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 $13,272 $1,064,507 $506,910 $557,597
2024 $13,272 $1,043,635 $496,971 $546,664
2023 $13,027 $1,023,173 $487,227 $535,946
2022 $12,442 $1,003,112 $477,674 $525,438
2021 $12,265 $983,444 $468,308 $515,136
2019 $11,908 $954,276 $454,419 $499,857
2018 $11,738 $935,565 $445,509 $490,056
2016 $11,187 $899,238 $428,210 $471,028
2015 $11,027 $885,731 $421,778 $463,953
2014 $11,085 $868,381 $413,516 $454,865
Source: Public Records

Agents Affiliated with this Home

  • Rick Llanos

    Landlord's Agent in 2023

    Rick Llanos

    Coldwell Banker Realty

    (323) 810-0828

    5 in this area

    62 Total Sales

    Rick Llanos
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Map

Source: The MLS

MLS Number: 23-291833

The MLS

APN: 5084-016-026

California Los Angeles County Los Angeles 90019 Miracle Mile

1040 S Cloverdale Ave Unit 4, Los Angeles, CA

This home is located at 1040 S Cloverdale Ave Unit 4, Los Angeles, CA 90019 since 18 July 2023 and is currently priced at $1,523,374. This property was built in 1928. 1040 S Cloverdale Ave Unit 4 is a home located in Los Angeles County with nearby schools including Wilshire Crest Elementary School, John Burroughs Middle School, and Fairfax High School.

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