1087 S Genesee Ave Los Angeles, CA 90019
Miracle Mile Neighborhood
6
Beds
4
Baths
4,136
Sq Ft
7,603
Sq Ft Lot
About This Home
As of August 2021Don't miss this stunning, character-filled Spanish Style Duplex located in the heart of Wilshire Vista ideal for either owner-occupant or investor. This gorgeous property features incredibly spacious units averaging approximately 2,000 SF each, well-laid out with 3-bedroom 2-bathroom floor plans situated on a 7,600 SF R-3 Zoned Lot . The units are filled with old world romance, ample closet/storage space, gleaming original wood flooring and tiling along with a lushly-landscaped outdoor space. Upper unit to be delivered Vacant with lower unit paying near-market rent!
Last Agent to Sell the Property
Greysteel California, Inc. License #01991247 Listed on: 04/21/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,059
Year Built
- Built in 1933
Lot Details
- 7,603 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Car Garage
Home Design
- 4,136 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Location
- Urban Location
Listing and Financial Details
- Tax Lot 104
- Tax Tract Number 9721
- Assessor Parcel Number 5086018028
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Fuel Expense $1,000
- Gardener Expense $720
- Insurance Expense $1,370
- Water Sewer Expense $2,000
- New Taxes Expense $24,930
- Operating Expense $30,000
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
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
Similar Homes in Los Angeles, CA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,961,000 | Ticor Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Orange County-I | |
| Interfamily Deed Transfer | -- | Equity Title Orange County-I | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $500,000 | Credit Line Revolving | |
| Previous Owner | $360,000 | Unknown |
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: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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
Seller's Agent in 2022
John Kostrey
Nourmand & Associates-HW
(323) 462-6262
5 in this area
179 Total Sales
-
Jennifer Eckert
Seller Co-Listing Agent in 2022
Jennifer Eckert
Nourmand & Associates-HW
(323) 543-3697
5 in this area
145 Total Sales
-
Cassandra Sanders
C
Buyer's Agent in 2022
Cassandra Sanders
Nourmand & Associates-HW
(773) 954-3273
11 Total Sales
-
Everett Wong
Seller's Agent in 2021
Everett Wong
Greysteel California, Inc.
(310) 382-6705
3 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW21084208
APN: 5086-018-028
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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
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