NOT LISTED FOR SALE

1051 S Citrus Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,804,000 - $2,524,789

6 Beds
4 Baths
3,518 Sq Ft
$585/Sq Ft Est. Value

Last Sold December 15, 2016

Last sale price $1,120,000 $318 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $12,697/month

437 Days on Market

Highlights

  • Panoramic View
  • Cooling Available
  • Back and Front Yard
  • No HOA
  • Family Room

About This Home

As of December 2016

SUBMIT YOUR BEST OFFER TODAY! LOWEST priced per sq ft in entire MIRACLE MILE DISTRICT. Seller expects the property to sell over 2 Mill when done with the project-PLANS AND ARCHITECTURE DRAWING FILED WITH CITY and APPROVED.
This DUPLEX (2 X 3bdr + 2 baths) Features TWO Town home Units with 3 bedrooms and 2 baths in EACH one with Large Living Rooms, Fireplaces, Formal Dining Rooms, Fully Appointed Kitchens and Spacious Upstairs Master Bedrooms. The large Bonus room in the backyard can be converted into 2 separate garages and extra units on top making it the perfect guest houses/ additional apartments. FANTASTIC investment opportunity for anyone who has an eye for flipping houses or for someone who would like to live in one unit and lease one unit out. Or convert the two units into ONE large house. Demolition was started, plans and works have started but owner had to stop the project due to other projects...This is a great investment/flip opportunity for a experienced investor. SUBMIT YOUR OFFER TODAY!

Last Agent to Sell the Property

Mazdak Sarehkhani

Mazdak Sarehkhani License #01811455 Listed on: 10/05/2015

Last Buyer's Agent

Mazdak Sarehkhani

Mazdak Sarehkhani License #01811455 Listed on: 10/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,738

Year Built

  • Built in 1925

Lot Details

  • 6,855 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned lar2

Property Views

  • Panoramic
  • Neighborhood

Interior Spaces

  • 3,518 Sq Ft Home
  • Family Room
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 84
  • Tax Tract Number 5070
  • Assessor Parcel Number 5084010010

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,738

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: lar2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5084010010
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3518.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 318.36
  • Room Type: All Bedrooms Up, Family Room, Living Room

Exterior Features

  • View: Neighborhood, Panoramic
  • Pool Private: No

Utilities

  • Utilities: Sewer Available
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6855.00
  • Price Per Lot Square Foot: 218.80
  • Lot Size Acres: 0.1570

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6855.0000 Square Feet

Tax Info

  • Tax Lot: 84
  • Tax Tract Number: 5070

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2015
Closed on
Dec 8, 2016
Sold by
Sadgan David
Bought by
Nejathaim Rodney and Nejathaim David
Seller's Agent
Mazdak Sarehkhani
Mazdak Sarehkhani
Buyer's Agent
Mazdak Sarehkhani
Mazdak Sarehkhani
List Price
$1,349,000
Sold Price
$1,120,000
Premium/Discount to List
-$229,000
-16.98%
Current Estimated Value
$2,058,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$938,947
Avg. Annual Appreciation
7.08%

Purchase Details

Closed on
Jul 26, 2016
Sold by
Sadgan David
Bought by
Sadgan David and Sadgan Elana

Purchase Details

Listed on
May 19, 2015
Closed on
Jul 15, 2015
Sold by
Jackson Kenneth
Bought by
Sadgan David and Sadgan Elana
Seller's Agent
Scottman Wall
Keller Williams Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,099,700
Sold Price
$1,050,000
Premium/Discount to List
-$49,700
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Original Mortgage
$0
Interest Rate
3.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nejathaim Rodney $1,100,000 Priority Title
Sadgan David -- None Available
Sadgan David $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nejat $850,000
Previous Owner Jackson Kenneth $0
Previous Owner Jackson Frances L $596,224
Previous Owner Jackson Frances L $210,327
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2016 12/15/16 Sold $1,120,000 -17.0% $318 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
10/05/2015 10/05/15 For Sale $1,349,000 +28.5% $383 / Sq Ft
08/03/2015 08/03/15 Sold $1,050,000 -4.5% $298 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $1,099,700 -- $313 / 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
2025 $17,738 $1,465,439 $812,407 $653,032
2024 $17,738 $1,436,706 $796,478 $640,228
2023 $17,399 $1,408,536 $780,861 $627,675
2022 $16,597 $1,380,918 $765,550 $615,368
2021 $16,382 $1,353,842 $750,540 $603,302
2019 $15,893 $1,313,688 $728,280 $585,408
2018 $13,773 $1,122,000 $714,000 $408,000
2016 $12,815 $1,050,000 $750,000 $300,000
2015 $1,107 $74,612 $32,615 $41,997
2014 $1,126 $73,152 $31,977 $41,175
Source: Public Records

Agents Affiliated with this Home

  • Mazdak Sarehkhani

    Seller's Agent in 2016

    Mazdak Sarehkhani

    Mazdak Sarehkhani

    (818) 601-8215

    47 Total Sales

    Mazdak Sarehkhani
    Section Image
  • Scottman Wall

    Seller's Agent in 2015

    Scottman Wall

    Keller Williams Realty

    (310) 623-1300

    19 Total Sales

    Scottman Wall
    Section Image

  • S

    Buyer's Agent in 2015

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR15218483

California Regional Multiple Listing Service (CRMLS)

APN: 5084-010-010

California Los Angeles County Los Angeles 90019 Miracle Mile

1051 S Citrus Ave, Los Angeles, CA

This home is located at 1051 S Citrus Ave, Los Angeles, CA 90019 since 05 October 2015 and is currently estimated at $2,058,947, approximately $585 per square foot. This property was built in 1925. 1051 S Citrus Ave is a home located in Los Angeles County with nearby schools including Wilshire Crest Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes