NOT LISTED FOR SALE

1087 S Genesee Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,980,000 - $2,746,377

3 Beds
2 Baths
2,068 Sq Ft
7,606 Sq Ft Lot

Last Sold August 04, 2021

Last sale price $1,960,625 $948 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $14,261/month

Highlights

  • Wood Flooring
  • Lawn
  • Breakfast Area or Nook
  • Spanish Architecture
  • Courtyard Views
  • Formal Dining Room

About This Home

As of August 2022

This spacious 3 bedroom, 2 bath upper unit in a beautiful 1933 Spanish duplex offers gorgeous original detailing including high ceilings, working fireplace, formal dining room and eat in kitchen area, charming vintage style bath with separate showers, and hardwood floors throughout. Additionally, you will enjoy the renovated kitchen with all new stainless steel appliances, a separate laundry room with new in-unit washer and dryer, ample closet and storage space, brand new central AC with "nest" thermostat, brand new tankless water heater, a detached two-car garage and access to a beautiful shared backyard perfect for relaxing or entertaining. Centrally located on a quiet tree-lined street, you can walk to LACMA and many nearby restaurants.

Last Agent to Rent the Property

John Kostrey

Nourmand & Associates-HW License #01729039 Listed on: 07/18/2022

Co-Listed By

Jennifer Eckert

Nourmand & Associates-HW License #01512045

Last Renter's Agent

Cassandra Sanders

Nourmand & Associates-HW License #02115269

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,059

Year Built

  • Built in 1933

Lot Details

  • East Facing Home
  • Landscaped
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,068 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Courtyard Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Gas and Electric Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $9,900
  • Tenant pays for electricity, gas, trash collection, water
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5086-018-028

Community Details

Overview

  • 2 Units

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$25,059

Year Built

Built in 1933

Lot Details

0

Rental Info

  • Credit Report Amount: 35.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Gardener
  • Security Deposit: 9900
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Entry Floor: 2
  • Entry Location: Top Level
  • Lease Terms: 1+Year
  • Living Area: 2068
  • Lot Acreage: 0.1746
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1933
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Built-Ins
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Gas/Electric Range, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 1
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Formal Dining Rm, Breakfast Area, Dining Area
  • Kitchen Features: Remodeled
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2.39

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony
  • Pool: No
  • View: Courtyard, Walk Street, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car, Garage, Garage Is Detached, Private Garage
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: Upper

Lot Info

  • Assessor Parcel Number: 5086-018-028
  • Lot Description: Back Yard, Front Yard, Lawn, Landscaped, Street Lighting, Sidewalks, Yard
  • Lot Size Area: 7603

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jul 16, 2021
Sold by
Smith Elizabeth A and The Elizabeth A Smith Revocabl
Bought by
Cal Nlepa Llc
Seller's Agent
Everett Wong
Greysteel California, Inc.
Buyer's Agent
John Kostrey
Nourmand & Associates-HW
List Price
$2,095,000
Sold Price
$1,960,625
Premium/Discount to List
-$134,375
-6.41%
Current Estimated Value
$2,197,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,219
Avg. Annual Appreciation
2.93%

Purchase Details

Closed on
Aug 30, 2012
Sold by
Smith Elizabeth A
Bought by
Smith Elizabeth A and The Elizabeth A Smith Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 1994
Sold by
Smith Elizabeth A
Bought by
Smith Elizabeth A and Elizabeth A Smith Revocable Trust
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
Cal Nlepa Llc $1,961,000 Ticor Title Company
Smith Elizabeth A -- Equity Title Orange County-I
Smith Elizabeth A -- Equity Title Orange County-I
Smith Elizabeth A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Elizabeth A $340,000
Previous Owner Smith Elizabeth A $500,000
Previous Owner Smith Elizabeth $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Rented $5,225 +5.6% --
07/18/2022 07/18/22 For Rent $4,950 0.0% --
08/04/2021 08/04/21 Sold $1,960,625 -6.4% $474 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $2,095,000 -- $507 / 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
2024 $25,059 $2,040,224 $1,560,600 $479,624
2023 $24,577 $2,000,220 $1,530,000 $470,220
2022 $23,438 $1,961,000 $1,500,000 $461,000
2021 $5,302 $411,499 $231,591 $179,908
2020 $5,347 $407,281 $229,217 $178,064
2019 $5,150 $399,296 $224,723 $174,573
2018 $5,045 $391,467 $220,317 $171,150
2016 $4,786 $376,268 $211,763 $164,505
2015 $4,719 $370,617 $208,583 $162,034
2014 $4,747 $363,358 $204,498 $158,860
Source: Public Records

Agents Affiliated with this Home

  • John Kostrey

    Landlord's Agent in 2022

    John Kostrey

    Nourmand & Associates-HW

    (323) 462-6262

    5 in this area

    179 Total Sales

    John Kostrey
    Section Image
  • Jennifer Eckert

    Landlord's Co-Listing Agent in 2022

    Jennifer Eckert

    Nourmand & Associates-HW

    (323) 543-3697

    5 in this area

    145 Total Sales

    Jennifer Eckert
    Section Image

  • C

    Tenant's Agent in 2022

    Cassandra Sanders

    Nourmand & Associates-HW

    (773) 954-3273

    11 Total Sales

    Cassandra Sanders
    Section Image
  • Everett Wong

    Seller's Agent in 2021

    Everett Wong

    Greysteel California, Inc.

    (310) 382-6705

    3 in this area

    19 Total Sales

    Everett Wong
    Section Image
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Map

Source: The MLS

MLS Number: 22-150518

The MLS

APN: 5086-018-028

California Los Angeles County Los Angeles 90019 Miracle Mile

1087 S Genesee Ave, Los Angeles, CA

This home is located at 1087 S Genesee Ave, Los Angeles, CA 90019 since 18 July 2022 and is currently priced at $2,197,844. This property was built in 1933. 1087 S Genesee Ave is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and Rabbi Jacob Pressman Academy.

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