NOT LISTED FOR SALE

1059 S Cloverdale Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,756,000 - $2,513,000

6 Beds
4 Baths
4,323 Sq Ft
$484/Sq Ft Est. Value

Last Sold November 12, 2014

Last sale price $1,280,000 $296 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $12,951/month

13 Days on Market

About This Home

As of November 2014

Wonderful Spanish duplex in fantastic locale. Very charming with lot of original details. Hardwood floors and large window, High ceilings and archways.Very bright and light. Both unit have new kitchen. There is a breakfast room or used office area. All plumbing has been changed cooper.The living room has lot of windows, great details and fireplace. 3 car garage and additional parking space. Each unit over the 2150sq.All tenants occupied. Please do not disturbed occupied. Subject to inspection after accepted offer.

Last Agent to Sell the Property

Jae Choi

Ivy Realty Co. License #01273921 Listed on: 09/09/2014

Last Buyer's Agent

Kyi Lee

KORUS Real Estate License #01815410

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,695

Year Built

  • Built in 1926

Lot Details

  • 6,904 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 4,323 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-017-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,695

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 4323
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 300.72

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 3

Lot Info

  • Assessed Improvement Value: 200000
  • Assessed Land Value: 600000
  • Assessor Parcel Number: 5084-017-011
  • Geocode Override: No
  • Lot Size Area: 6904

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 17025
  • Type Of Units: duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Oct 27, 2014
Sold by
Lee Hi Baek
Bought by
The Kim Family Trust
Seller's Agent
Jae Choi
Ivy Realty Co.
Buyer's Agent
Kyi Lee
KORUS Real Estate
List Price
$1,299,999
Sold Price
$1,280,000
Premium/Discount to List
-$19,999
-1.54%
Current Estimated Value
$2,090,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$810,846
Avg. Annual Appreciation
4.77%
Original Mortgage
$740,900
Outstanding Balance
$572,507
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$1,541,939

Purchase Details

Listed on
Aug 9, 2012
Closed on
Oct 26, 2012
Sold by
Williams Doris Ann
Bought by
Lee Hi Baek and Lee Jeang Sug
Seller's Agent
Stacey Babbitt
Coldwell Banker Realty
Buyer's Agent
Jae Choi
Ivy Realty Co.
List Price
$899,000
Sold Price
$800,000
Premium/Discount to List
-$99,000
-11.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.23%
Original Mortgage
$500,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2008
Sold by
Williams Purnell
Bought by
Williams Purnell and Williams Doris Ann

Purchase Details

Closed on
Feb 11, 1997
Sold by
Williams James H
Bought by
Williams Purnell and Williams Doris A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
4.12%
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
The Kim Family Trust $1,280,000 Chicago Title Company
Lee Hi Baek $800,000 Equity Title Los Angeles
Williams Purnell -- None Available
Williams Purnell -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open The Kim Family Trust $740,900
Previous Owner Lee Hi Baek $500,000
Previous Owner Williams Purnell $717,000
Previous Owner Williams Purnell $663,000
Previous Owner Williams Purnell $100,000
Previous Owner Williams Purnell $407,000
Previous Owner Williams Purnell $400,000
Previous Owner Williams Purnell $302,000
Previous Owner Williams Purnell $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2014 11/12/14 Sold $1,280,000 -1.5% $296 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $1,299,999 0.0% $301 / Sq Ft
02/21/2013 02/21/13 Rented $2,850 -9.5% --
02/21/2013 02/21/13 Under Contract -- -- --
01/02/2013 01/02/13 For Rent $3,150 0.0% --
12/21/2012 12/21/12 Sold $800,000 -11.0% $185 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
08/09/2012 08/09/12 For Sale $899,000 -- $208 / 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 $18,695 $1,538,360 $1,081,661 $456,699
2024 $18,695 $1,508,197 $1,060,452 $447,745
2023 $18,340 $1,478,625 $1,039,659 $438,966
2022 $17,497 $1,449,633 $1,019,274 $430,359
2021 $17,268 $1,421,210 $999,289 $421,921
2019 $16,755 $1,379,057 $969,650 $409,407
2018 $16,571 $1,352,018 $950,638 $401,380
2016 $15,824 $1,299,520 $913,725 $385,795
2015 $15,593 $1,280,000 $900,000 $380,000
2014 $10,147 $803,632 $602,724 $200,908
Source: Public Records

Agents Affiliated with this Home

  • Jae Choi

    Seller's Agent in 2014

    Jae Choi

    Ivy Realty Co.

    (213) 427-7764

    5 Total Sales

    Jae Choi
    Section Image
  • Kyi Lee

    Buyer's Agent in 2014

    Kyi Lee

    KORUS Real Estate

    (213) 999-4345

    1 in this area

    19 Total Sales

    Kyi Lee
    Section Image

  • R

    Buyer's Agent in 2013

    Robert Brigande

    Sotheby's International Realty

    (310) 666-6941

    8 Total Sales

    Robert Brigande
    Section Image
  • Stacey Babbitt

    Seller's Agent in 2012

    Stacey Babbitt

    Coldwell Banker Realty

    (310) 804-6027

    3 in this area

    20 Total Sales

    Stacey Babbitt
    Section Image
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Map

Source: The MLS

MLS Number: 14-792397

The MLS

APN: 5084-017-011

California Los Angeles County Los Angeles 90019 Miracle Mile

1059 S Cloverdale Ave, Los Angeles, CA

This home is located at 1059 S Cloverdale Ave, Los Angeles, CA 90019 since 09 September 2014 and is currently estimated at $2,090,846, approximately $483 per square foot. This property was built in 1926. 1059 S Cloverdale 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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