NOT LISTED FOR SALE

1042 Meadowbrook Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,709,000 - $2,120,371

4 Beds
3 Baths
2,804 Sq Ft
$667/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $1,400,000 $499 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $11,736/month

11 Days on Market

About This Home

As of November 2019

This beautifully remodeled duplex, right in the heart of the Miracle Mile, is ready for you to move right in! Original details from this reimagined 1924 Spanish duplex include crown moldings, classic paned windows that dramatically open out into the front patio, and an original Batchelder tiled fireplace in pristine condition. Tasteful and contemporary remodel includes quartz countertops in the open concept kitchen, full wall subway tile backsplash, custom shaker cabinetry in both kitchen and bathrooms, subway and mosaic tiles in bathrooms, marble countertops in bathrooms, stainless steel appliances in kitchen, recessed lighting, updated plumbing and refinished original hardwood floors. The remodeled unit 1042 at approximately 1400 square feet, is delivered vacant, while unit 1044 has a tenant. A wonderful opportunity to have the rented unit help pay your mortgage! A must see in one of the most vibrant parts of Los Angeles! Please do not disturb tenants.

Last Agent to Sell the Property

Deborah Weiss

Compass License #01367708 Listed on: 09/12/2019

Compass

Co-Listed By

Todd Miller

Keller Williams Los Angeles License #01389620

Last Buyer's Agent

Michael Gilbert

License #00477803

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,455

Year Built

  • Built in 1924

Lot Details

  • 6,185

Parking

  • 4 Car Attached Garage

Home Design

  • 2,804 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • 6,185 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-015-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,455

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: This beautifully remodeled duplex, right in the heart of the Miracle Mile, is ready for you to move right in! Original details from this reimagined 1924 Spanish duplex include crown moldings, classic paned windows that dramatically open out into the front patio, and an original Batchelder tiled fireplace in pristine condition. Tasteful and contemporary remodel includes quartz countertops in the open concept kitchen, full wall subway tile backsplash, custom shaker cabinetry in both kitchen and bathrooms, subway and mosaic tiles in bathrooms, marble countertops in bathrooms, stainless steel appliances in kitchen, recessed lighting, updated plumbing and refinished original hardwood floors. The remodeled unit at approximately 1400 square feet, is delivered vacant (Unit 1042), Unit 1044 (2 above) is being delivered with a tenant. This is a wonderful opportunity to have the rented unit help pay your mortgage! A must see in one of the most vibrant parts of Los Angeles! Please do not disturb tenants.
  • Living Area: 2804
  • Year Built: 1924
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 498.93

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 79451
  • Assessed Land Value: 397288
  • Assessor Parcel Number: 5084-015-026
  • Geocode Override: No
  • Lot Size Area: 6185

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.15
  • Number Of Units: 2
  • Total Annual Expense: 22000
  • Type Of Units: 2
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 4, 2019
Sold by
Rabbanian Massoud
Bought by
Hajazi Yaas Crystal and Galaif Jason Louis
Seller's Agent
Deborah Weiss
Compass
Buyer's Agent
Michael Gilbert
List Price
$1,399,000
Sold Price
$1,400,000
Premium/Discount to List
$1,000
0.07%
Total Days on Market
11
Current Estimated Value
$1,871,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,593
Avg. Annual Appreciation
5.11%
Original Mortgage
$1,120,000
Outstanding Balance
$989,565
Interest Rate
3.6%
Estimated Equity
$880,106

Purchase Details

Closed on
Mar 9, 2018
Sold by
Lott Estrellita
Bought by
Rabbanian Massoud and Diamonds And Diamonds Corporation Retire

Purchase Details

Closed on
Apr 8, 2017
Sold by
Reddick Geraldine E
Bought by
Reddick Geraldine E and Geraldine Estelle Reddick Trust

Purchase Details

Closed on
May 1, 2000
Sold by
Myers Lynn A
Bought by
Myers Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.25%

Purchase Details

Closed on
Mar 13, 2000
Sold by
Goins Jesse D
Bought by
Reddick Gerri and Reddick Geraldine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.25%

Purchase Details

Closed on
Mar 9, 2000
Sold by
Myers Robert J
Bought by
Reddick Gerri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
8.25%
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
Hajazi Yaas Crystal $1,400,000 Provident Title Company
Rabbanian Massoud $80,000 Provident Title Company
Reddick Geraldine E -- None Available
Myers Robert J -- Progressive Title Company
Reddick Gerri -- Progressive Title Company
Reddick Gerri $360,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hajazi Yaas Crystal $1,120,000
Previous Owner Reddick Gerri $420,000
Previous Owner Reddick Gerri $348,500
Previous Owner Reddick Gerri $324,000
Previous Owner Myers Robert J $191,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $1,400,000 +0.1% $499 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $1,399,000 -- $499 / 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 $18,455 $1,531,100 $1,148,326 $382,774
2024 $18,455 $1,501,079 $1,125,810 $375,269
2023 $18,101 $1,471,647 $1,103,736 $367,911
2022 $17,264 $1,442,793 $1,082,095 $360,698
2021 $17,047 $1,414,504 $1,060,878 $353,626
2020 $17,222 $1,400,000 $1,050,000 $350,000
2019 $10,003 $816,000 $652,800 $163,200
2018 $6,039 $486,273 $405,233 $81,040
2016 $5,752 $467,393 $389,499 $77,894
2015 $5,669 $460,373 $383,649 $76,724
2014 $5,698 $451,356 $376,134 $75,222
Source: Public Records

Agents Affiliated with this Home

  • Deborah Weiss

    Seller's Agent in 2019

    Deborah Weiss

    Compass

    (310) 804-6470

    1 in this area

    87 Total Sales

    Deborah Weiss
    Section Image
  • Todd Miller

    Seller Co-Listing Agent in 2019

    Todd Miller

    Keller Williams Los Angeles

    (310) 923-5353

    194 Total Sales

    Todd Miller
    Section Image

  • M

    Buyer's Agent in 2019

    Michael Gilbert

See All Agents

Map

Source: The MLS

MLS Number: 19-509490

The MLS

APN: 5084-015-026

California Los Angeles County Los Angeles 90019 Miracle Mile

1042 Meadowbrook Ave, Los Angeles, CA

This home is located at 1042 Meadowbrook Ave, Los Angeles, CA 90019 since 12 September 2019 and is currently estimated at $1,871,593, approximately $667 per square foot. This property was built in 1924. 1042 Meadowbrook Ave 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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