NOT LISTED FOR SALE

1050 S Citrus Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,395,000 - $2,174,884

5 Beds
4 Baths
3,027 Sq Ft
$586/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $1,600,000 $529 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $11,021/month

11 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Home Office
  • Wood Flooring
  • Bonus Room
  • Breakfast Area or Nook

About This Home

As of May 2021

Amazing opportunity for owner occupiers and investors - fully vacant 1920's Spanish duplex in Longwood Highlands. Rare charming enclosed courtyard and additional bonus studio space in front. Lower unit has 2 beds + 2 baths + den/office + the main living area leads to the enclosed courtyard. Upper unit has 2 beds, each of which has a large bonus room + 2 baths, light and bright with some views and a generous front porch for sitting out. Each unit has its own private laundry area. There is an additional room/studio off the courtyard with half bath believed to have been the original owner's office, accessed by private exterior entrance. Two garages (1 car + 2 car) and plenty of backyard space for gardening or relaxing. Live in one and rent the other and perhaps Airbnb the studio or use for a home office/gym or visiting family. Lots of options. Great location close to Hancock Park, Larchmont Village, Mid Wilshire, DTLA and nearby shopping at the Grove + Met Her At a Bar, All Season Brewing Co., Commerson, Lassens Natural Foods + Target.

Last Agent to Sell the Property

Angela Bond

Keller Williams Larchmont License #01703532 Listed on: 03/24/2021

Keller Williams Larchmont

Last Buyer's Agent

Jodean Buckley

Coldwell Banker Realty License #01171740

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,790

Year Built

  • Built in 1923

Lot Details

  • 6,814 Sq Ft Lot
  • West Facing Home

Parking

  • 3 Car Garage
  • 3 Open Parking Spaces

Home Design

  • Duplex
  • Spanish Architecture
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 3,027 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Floor Furnace
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-009-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,790

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3027
  • Lot Acreage: 0.1564
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Crown Moldings
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Mixed, Tile, Wood
  • Bedrooms: 5
  • Common Walls: Attached
  • Bathroom Features: Tile, Shower Over Tub
  • Kitchen Features: Tile Counters
  • Laundry: Laundry Area
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Garbage Disposal, Hood Fan, Washer, Dryer, Range/Oven, Refrigerator, Gas Dryer Hookup
  • Price Per S Q F T: 396.43

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Number Patio: 1
  • Patio: Patio Open, Porch - Front
  • Pool: No
  • Roof: Composition, Tile
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Garage Structures: 2
  • Parking Garage: Garage - 2 Car, Garage - 1 Car, Garage Is Detached
  • Total Parking: 6

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Floor Furnace, Central
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 32.60
  • Assessed Improvement Value: 296243
  • Assessed Land Percent: 67.4
  • Assessed Land Value: 612530
  • Total Assessed Value: 908773
  • Assessor Parcel Number: 5084-009-025
  • Lot Size Area: 6814

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 23, 2018
Sold by
Mitchell Bonnie L
Bought by
Mitchell Bonnie L and Mitchell Trust
Current Estimated Value
$1,774,471

Purchase Details

Closed on
Oct 31, 2006
Sold by
Murray Fuentes Sherrie R and Fuentes Sherri R Murray
Bought by
Murray Fuentes Sherrie R

Purchase Details

Closed on
Sep 15, 2004
Sold by
Mitchell Bonnie L
Bought by
Mitchell Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$217,281
Interest Rate
1.25%
Mortgage Type
New Conventional
Estimated Equity
$1,557,190

Purchase Details

Closed on
Aug 18, 2004
Sold by
Murray Fuentes Sherrie R
Bought by
Mitchell Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$217,281
Interest Rate
1.25%
Mortgage Type
New Conventional
Estimated Equity
$1,557,190

Purchase Details

Closed on
Jul 22, 2003
Sold by
Moon Benny and Cha Pong Hui
Bought by
Mitchell Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2001
Sold by
Moon Benny
Bought by
Moon Benny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,250
Interest Rate
7.19%

Purchase Details

Closed on
Mar 7, 2001
Sold by
Harold David Ibrahim and Harold Eui Suk
Bought by
Moon Benny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,250
Interest Rate
7.19%

Purchase Details

Closed on
Dec 7, 1999
Sold by
Kim Jae Yul
Bought by
Harold David Ibrahim

Purchase Details

Closed on
Aug 19, 1999
Sold by
Kim Kyung N
Bought by
Harold David Ibrahim

Purchase Details

Closed on
Jan 15, 1999
Sold by
Kim Kyung N
Bought by
Kim Jae Yul

Purchase Details

Closed on
Sep 8, 1998
Sold by
Lee Sun Jai
Bought by
Kim Kyung N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,650
Interest Rate
5.55%

Purchase Details

Closed on
Aug 28, 1998
Sold by
Kim Jae Yul
Bought by
Kim Kyung N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,650
Interest Rate
5.55%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Hong Janet
Bought by
Lee Sun Jai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.15%

Purchase Details

Closed on
Sep 17, 1997
Sold by
Family Trust Margolin M And M Trs Margoli and Marsh Edna
Bought by
Hong Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.75%
Source: Public Records

Range of Values:

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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
Mitchell Bonnie L -- None Available
Murray Fuentes Sherrie R -- Lenders Choice Title Company
Mitchell Bonnie L -- --
Mitchell Bonnie L -- --
Mitchell Bonnie L -- Lawyers Title
Mitchell Bonnie L $709,000 Ticor Title Co
Moon Benny -- Ticor Title Co
Moon Benny $432,500 Chicago Title
Harold David Ibrahim -- South Coast Title
Harold David Ibrahim -- --
Kim Jae Yul -- Chicago Title Co
Kim Kyung N $350,000 Chicago Title Co
Kim Kyung N -- Chicago Title Co
Lee Sun Jai $300,000 North American Title Co
Hong Janet $225,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell Bonnie L $650,000
Closed Mitchell Bonnie L $50,000
Previous Owner Mitchell Bonnie L $560,000
Previous Owner Moon Benny $389,250
Previous Owner Kim Kyung N $314,650
Previous Owner Lee Sun Jai $270,000
Previous Owner Hong Janet $202,500
Closed Mitchell Bonnie L $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2021 05/05/21 Sold $1,600,000 +33.3% $529 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,200,000 -- $396 / 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 $20,790 $1,731,889 $1,385,512 $346,377
2024 $20,790 $1,697,932 $1,358,346 $339,586
2023 $20,390 $1,664,640 $1,331,712 $332,928
2022 $19,443 $1,632,000 $1,305,600 $326,400
2021 $11,767 $974,384 $656,754 $317,630
2020 $11,884 $964,394 $650,020 $314,374
2019 $11,415 $945,485 $637,275 $308,210
2018 $11,321 $926,947 $624,780 $302,167
2016 $10,342 $851,533 $600,520 $251,013
2015 $10,191 $838,743 $591,500 $247,243
2014 $10,231 $822,314 $579,914 $242,400
Source: Public Records

Agents Affiliated with this Home

  • Angela Bond

    Seller's Agent in 2021

    Angela Bond

    Keller Williams Larchmont

    (310) 666-5052

    1 in this area

    38 Total Sales

    Angela Bond
    Section Image

  • J

    Buyer's Agent in 2021

    Jodean Buckley

    Coldwell Banker Realty

    (818) 728-3981

    1 in this area

    4 Total Sales

    Jodean Buckley
    Section Image

  • P

    Buyer Co-Listing Agent in 2021

    Paulette Zemlicka

    Coldwell Banker Realty

    (818) 995-2424

    1 in this area

    4 Total Sales

    Paulette Zemlicka
    Section Image
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Map

Source: The MLS

MLS Number: 21-700048

The MLS

APN: 5084-009-025

California Los Angeles County Los Angeles 90019 Miracle Mile

1050 S Citrus Ave, Los Angeles, CA

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