NOT LISTED FOR SALE

1079 S Cloverdale Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,564,000 - $1,790,000

6 Beds
4 Baths
4,253 Sq Ft
$400/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $1,629,575 $383 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,219/month

216 Days on Market

About This Home

As of May 2024

******UPDATED 03/13/2024 ******** CONFIRMATION HEARING SCHEDULED FOR THURSDAY 03/21/2024 AT 8:30AM IN DEPARTMENT 79, STANLEY MOSK LOS ANGELES COUNTY SUPERIOR COURT HOUSE. 111 NORTH HILL STREET, LOS ANGELES CA 90012. OFFER PRICE TO BE CONFIRMED IS $1,551,500. FIRST OVERBID AMOUNT MUST BE $1,629,575. OFFER IS 33% DOWN AND 67% FINANCING. OVER BID OFFER MUST BE A NON-CONTIGENCY OFFER. NO LOAN CONTINGENCY, NO APPRAISAL CONTINGENCY, NO APPRAISAL CONTINGENCY, NO INSPECTION CONTIGENCY. COE WILL BE NO LATER THAN 30 DAYS FROM CONFIRMATION HEARING. ESCROW IS 50/50. SELLER WILL CHOOSE ALL SERVICES, SELLER TO PAY COUNTY AND CITY TRANSFER TAX. SELLER WILL PAY FOR GOV'T REQUIREMENTS. SELLER TO INCLUDE ALL APPLIANCES. BUYER WAIVES HOME WARRANTY. PLEASE BRING CERTIFIED FUNDS IN THE AMOUNT OF 10% AND MAKE PAYABLE TO ELITE ONE ESCROW******* ALL OVERBIDDERS WILL BE QUALIFIED BY REAL ESTATE BROKER BEFORE ALLOWED TO MAKE OVERBID******. AT BACK ON THE MARKET!!!!BUYER COULD NOT PERFORM!!! WE CAN GO TO COURT WITHIN THIRTY DAYS!!!! BEAUTIFUL DUPLEX IN THE HEART OF MIRICLE MILE DISTRICT OF LOS ANGELES. EACH UNIT HAS OVER 2100 SQ. FT OF LIVING SPACE. EACH EXTRA LARGE UNIT BOAST 3 BEDROOMS AND 2 FULL BATHROOMS. THE PROPERTY IS BEING SOLD UNDER THE AUTHORITY OF THE CALIFORNIA PROBATE COURT BY THE ADMINISTRATOR OF THE ESTATE OF T M. THIS PROPERTY WILL SOLD "AS-IS" "WHERE-IS". NO IMPROVEMENTS, UPGRADES OR REPAIRS WILL BE MADE TO THE PROPERTY. THE PROPERTY WILL BE DELIVERED VACANT AT CLOSE OF ESCROW. BUYER TO VERIFIY ALL BUILDING RECORDS AND SQUARE FOOTAGE.

Last Agent to Sell the Property

Ricardo Curtis

Jacob, Christopher & Lee Rlty License #01464851 Listed on: 06/21/2023

Last Buyer's Agent

Alper Garan

Keller Williams Encino/Sherman Oaks License #02109530

Keller Williams Encino/Sherman Oaks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,745

Year Built

  • Built in 1926

Lot Details

  • 6,904 Sq Ft Lot
  • Hillside Location

Parking

  • 4 Car Attached Garage

Home Design

  • Duplex

Interior Spaces

  • 4,253 Sq Ft Home
  • 2-Story Property
  • Disposal
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5084-017-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,745

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: ******UPDATED 03/13/2024 ******** CONFIRMATION HEARING SCHEDULED FOR MONDAY 03/21/2024 AT 8:30AM IN DEPARTMENT 79, STANLEY MOSK LOS ANGELES COUNTY SUPERIOR COURT HOUSE. 111 NORTH HILL STREET, LOS ANGELES CA 90012. OFFER PRICE TO BE CONFIRMED IS $1,551,500. FIRST OVERBID AMOUNT MUST BE $1,629,575. OFFER IS 33% DOWN AND 67% FINANCING. OVER BID OFFER MUST BE A NON-CONTIGENCY OFFER. NO LOAN CONTINGENCY, NO APPRAISAL CONTINGENCY, NO APPRAISAL CONTINGENCY, NO INSPECTION CONTIGENCY. COE WILL BE NO LATER THAN 30 DAYS FROM CONFIRMATION HEARING. ESCROW IS 50/50. SELLER WILL CHOOSE ALL SERVICES, SELLER TO PAY COUNTY AND CITY TRANSFER TAX. SELLER WILL PAY FOR GOV'T REQUIREMENTS. SELLER TO INCLUDE ALL APPLIANCES. BUYER WAIVES HOME WARRANTY. PLEASE BRING CERTIFIED FUNDS IN THE AMOUNT OF 10% AND MAKE PAYABLE TO ELITE ONE ESCROW******* ALL OVERBIDDERS WILL BE QUALIFIED BY REAL ESTATE BROKER BEF
  • Living Area: 4253
  • Lot Acreage: 0.1585
  • Probate: Yes
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Gas Dryer Hookup, Garbage Disposal
  • Price Per S Q F T: 376.21

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Heating: Central
  • Water Expense: 3300.00

Fee Information

  • Insurance Expense: 3000.00

Lot Info

  • Assessed Improvement Percent: 45.97
  • Assessed Improvement Value: 46175
  • Assessed Land Percent: 54.03
  • Assessed Land Value: 54261
  • Total Assessed Value: 100436
  • Assessor Parcel Number: 5084-017-016
  • Lot Location: Hillside
  • Lot Size Area: 6904

Rental Info

  • Court Approve: Yes
  • Owner Pays: Water, Gardener

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 1.00
  • Number Of Units: 2
  • Total Annual Expense: 6800
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
May 14, 2024
Sold by
Miller Theodore Tee and Miller Kyle
Bought by
Prom Donald I and Prom Kimberly C
Seller's Agent
Ricardo Curtis
Jacob, Christopher & Lee Rlty
Buyer's Agent
Alper Garan
Keller Williams Encino/Sherman Oaks
List Price
$1,600,000
Sold Price
$1,629,575
Premium/Discount to List
$29,575
1.85%
Views
181
Current Estimated Value
$1,703,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,567
Avg. Annual Appreciation
1.73%
Original Mortgage
$977,745
Outstanding Balance
$966,377
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$700,818
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
Prom Donald I $1,630,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prom Donald I $977,745
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $1,629,575 +1.8% $383 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
10/17/2023 10/17/23 For Sale $1,600,000 0.0% $376 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/17/2023 09/17/23 For Sale $1,600,000 -1.8% $376 / Sq Ft
08/18/2023 08/18/23 Off Market $1,629,575 -- --
06/21/2023 06/21/23 For Sale $1,600,000 -- $376 / 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 $1,745 $1,662,192 $1,163,412 $498,780
2024 $1,745 $104,491 $56,452 $48,039
2023 $1,724 $102,444 $55,346 $47,098
2022 $1,664 $100,436 $54,261 $46,175
2021 $1,615 $98,468 $53,198 $45,270
2019 $1,575 $95,549 $51,621 $43,928
2018 $1,433 $93,676 $50,609 $43,067
2016 $1,322 $90,041 $48,645 $41,396
2015 $1,306 $88,690 $47,915 $40,775
2014 $1,325 $86,954 $46,977 $39,977
Source: Public Records

Agents Affiliated with this Home

  • Ricardo Curtis

    Seller's Agent in 2024

    Ricardo Curtis

    Jacob, Christopher & Lee Rlty

    (310) 674-9557

    1 in this area

    35 Total Sales

    Ricardo Curtis
    Section Image
  • Alper Garan

    Buyer's Agent in 2024

    Alper Garan

    Keller Williams Encino/Sherman Oaks

    (310) 345-3545

    1 in this area

    13 Total Sales

    Alper Garan
    Section Image
  • Meran Solamany

    Buyer Co-Listing Agent in 2024

    Meran Solamany

    Keller Williams Beverly Hills

    (310) 666-7822

    1 in this area

    40 Total Sales

    Meran Solamany
    Section Image
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Map

Source: The MLS

MLS Number: 23-283415

The MLS

APN: 5084-017-016

California Los Angeles County Los Angeles 90019 Miracle Mile

1079 S Cloverdale Ave, Los Angeles, CA

This home is located at 1079 S Cloverdale Ave, Los Angeles, CA 90019 since 21 June 2023 and is currently estimated at $1,703,142, approximately $400 per square foot. This property was built in 1926. 1079 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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