NOT LISTED FOR SALE

Estimated Value: $1,580,000 - $2,148,595

4 Beds
3 Baths
3,000 Sq Ft
$607/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $1,490,000 $497 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $11,140/month

8 Days on Market

Highlights

  • Fireplace in Kitchen
  • Stone Countertops
  • Covered Patio or Porch
  • Spanish Architecture
  • Lawn
  • Balcony

About This Home

As of October 2020

Remodeled Duplex in Miracle Mile with both units vacant! Step into this lovely remodeled spanish duplex in the heart of the city close to your favorite restaurants and attractions. Both units are completely remodeled with porcelain floors throughout, decorative fireplaces, period moldings, and tasteful light fixtures. The kitchens are equipped with quartz countertops, white shaker cabinets, and brand new appliances. The duplex has upgraded copper plumbing and electrical as well as two panel upgrades. The backyard has a 4 car garage and enough room for guests to park, perfect for entertaining. One garage is equipped with plumbing ready to be converted to an optional ADU. This duplex is in the heart of the city, ready for an end-user or an investor to rent out for income! Don't let this one slip away!

Last Agent to Sell the Property

Ryan Siebel

Compass License #01973121 Listed on: 09/03/2020

Compass

Last Buyer's Agent

Lynn Kim

Vista Sotheby's International Realty License #01476216

Vista Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,346

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,500 Sq Ft Lot
  • East Facing Home
  • Gated Home
  • Front Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR2

Parking

  • 4 Car Garage
  • Garage Door Opener
  • Guest Parking

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Clay Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Bonus Room with Fireplace
  • Porcelain Tile
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 3 Bathrooms
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5084-015-013

Community Details

Overview

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,346

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Entry Location: Living Room
  • Living Area: 3000
  • Lot Acreage: 0.1492
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Carpet: 0
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Fireplace Rooms: Dining, Kitchen, Living Room, Bonus Room
  • Flooring: Porcelain
  • Appliances: Built-In Gas, Gas
  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower Over Tub, Shower Stall, Remodeled
  • Kitchen Features: Remodeled, Stone Counters
  • Laundry: In Unit, Inside
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Washer, Stackable W/D Hookup, Range/Oven
  • Price Per S Q F T: 465.00
  • Windows: French Windows

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 2
  • Patio: Balcony, Porch - Front, Covered Porch, Porch, Covered
  • Pool: No
  • Roof: Clay, Flat
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Covered Parking, Detached, Door Opener, Garage - 4+ Car, Garage Is Detached, Parking for Guests, Parking for Guests - Onsite
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Security: Gated, Smoke Detector
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front, Sprinkler System
  • Assessed Improvement Percent: 41.68
  • Assessed Improvement Value: 34402
  • Assessed Land Percent: 58.32
  • Assessed Land Value: 48137
  • Total Assessed Value: 82539
  • Assessor Parcel Number: 5084-015-013
  • Lot Description: Back Yard, Curbs, Front Yard, Gutters, Lawn
  • Lot Size Area: 6500

Rental Info

  • Number Leased: 0
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Sep 17, 2020
Sold by
Haroutunian Lynda and Survivors Trust
Bought by
Kim Samuel H and Kim Jennifer Y
Seller's Agent
Ryan Siebel
Compass
Buyer's Agent
Lynn Kim
Vista Sotheby's International Realty
List Price
$1,395,000
Sold Price
$1,490,000
Premium/Discount to List
$95,000
6.81%
Current Estimated Value
$1,820,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,399
Avg. Annual Appreciation
4.05%
Original Mortgage
$1,192,000
Outstanding Balance
$1,044,934
Interest Rate
2.26%
Mortgage Type
New Conventional
Estimated Equity
$775,465

Purchase Details

Closed on
Mar 6, 2009
Sold by
Padilla Marco A
Bought by
Padilla Marco A and Marco A & Ada D Padilla Revocable 1998 T

Purchase Details

Closed on
Apr 1, 1998
Sold by
Padilla Marco A
Bought by
Padilla Marco A and Padilla Ada D
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
Kim Samuel H $1,490,000 Equity Title
Padilla Marco A -- None Available
Padilla Marco A -- None Available
Padilla Marco A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Samuel H $1,192,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2020 10/09/20 Sold $1,490,000 +6.8% $497 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/03/2020 09/03/20 For Sale $1,395,000 -- $465 / 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 $19,346 $1,612,822 $968,776 $644,046
2024 $19,346 $1,581,199 $949,781 $631,418
2023 $18,973 $1,550,196 $931,158 $619,038
2022 $18,093 $1,519,800 $912,900 $606,900
2021 $17,864 $1,490,000 $895,000 $595,000
2020 $1,590 $103,522 $51,081 $52,441
2019 $1,542 $101,493 $50,080 $51,413
2018 $1,427 $99,504 $49,099 $50,405
2017 $1,217 $82,539 $48,137 $34,402
2016 $1,153 $80,922 $47,194 $33,728
2015 $1,139 $79,708 $46,486 $33,222
2014 $1,157 $78,148 $45,576 $32,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-626660

The MLS

APN: 5084-015-013