NOT LISTED FOR SALE

1121 S Highland Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,496,000 - $1,848,000

4 Beds
2 Baths
2,881 Sq Ft
$577/Sq Ft Est. Value

Last Sold September 09, 2014

Last sale price $917,000 $318 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $10,167/month

15 Days on Market

Highlights

  • Deck
  • French Architecture
  • High Ceiling
  • Living Room with Fireplace
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of September 2014

Short sale. Grand 1940's French style duplex in desirable Longwood Highlands. Situated on a peaceful residential part of Highland, these big 2BR/1BA units are bright and airy with charm to spare. The upstairs owner's unit (to be delivered vacant) features the LR with dramatic barreled ceiling, decorative fireplace, hardwood floors, French windows, arched entryways, crown moldings, formal DR, adorable period kitchen, breakfast nook, updated bath with separate tub and shower, lots of closets, laundry room and 2nd BR with French doors that open out to private deck. The downstairs unit has a similar layout, but features a step-down LR and access to the CA basement. This great investment property is a true gem that just needs some cosmetic love to bring it back to all its former glory. Unlimited potential abounds, and all just minutes from Hancock Park, Larchmont Village & Miracle Mile. Live in one and rent the other! Knock, knock. Who's there? Opportunity!

Last Agent to Sell the Property

Andrew Steinlen

Keller Williams Hollywood Hills License #01876664 Listed on: 03/05/2014

Keller Williams Hollywood Hills

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,384

Year Built

  • Built in 1940

Lot Details

  • 6,135 Sq Ft Lot
  • East Facing Home

Home Design

  • Duplex
  • French Architecture
  • Cosmetic Repairs Needed
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,881 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Decorative Fireplace
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Property Views

Kitchen

  • Gas Oven
  • Tile Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • On-Street Parking

Outdoor Features

  • Deck

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System
  • Central Heating
  • Gravity Heating System
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5084-022-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,384

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: French
  • Street Number Display: Yes
  • Living Area: 2881
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+)
  • Fireplace Rooms: Decorative, Living Room
  • Flooring: Hardwood
  • Appliances: Oven-Gas
  • Bedrooms: 4
  • Bathroom Features: Shower and Tub
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 294.86
  • Windows: French Windows

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Patio: Deck(s)
  • Pool: No
  • Roof: Composition, Shingle
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Parking Garage: Garage, On street
  • Total Parking: 3

Utilities

  • Cooling: Swamp Cooler(s), Window Unit(s)
  • Heating: Central, Gravity
  • Sewer: In Street
  • Water: In Street

Lot Info

  • Assessed Improvement Value: 381036
  • Assessed Land Value: 341078
  • Assessor Parcel Number: 5084-022-004
  • Geocode Override: No
  • Lot Size Area: 6135

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2014
Closed on
Aug 8, 2014
Sold by
Weiner Robert Edward
Bought by
Casa De Lola Llc
Seller's Agent
Andrew Steinlen
Keller Williams Hollywood Hills
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$849,500
Sold Price
$917,000
Premium/Discount to List
$67,500
7.95%
Current Estimated Value
$1,661,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$744,335
Avg. Annual Appreciation
5.58%
Original Mortgage
$641,900
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 5, 2002
Sold by
Morse Julie A
Bought by
Weiner Robert Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
6.28%

Purchase Details

Closed on
Nov 16, 2000
Sold by
Morse Wayne A
Bought by
Morse Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
7.86%

Purchase Details

Closed on
Oct 17, 2000
Sold by
Hayes Lorey
Bought by
Morse Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,400
Interest Rate
7.86%

Purchase Details

Closed on
Mar 13, 2000
Sold by
Ekwe Paul Nelson
Bought by
Hayes Lorey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 1997
Sold by
Skinner Richard And Vera Trs
Bought by
Hayes Lorey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
3.95%
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
Casa De Lola Llc $917,000 California Title
Weiner Robert Edward $610,000 California Title Company
Weiner Robert Edward -- California Title Company
Morse Julie A -- United Title Company
Morse Julie A $438,000 United Title Company
Hayes Lorey -- --
Hayes Lorey $247,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casa De Lola Llc $650,000
Closed Casa De Lola Llc $641,900
Closed Casa De Lola Llc $641,900
Previous Owner Weiner Robert E $125,000
Previous Owner Weiner Robert Edward $689,500
Previous Owner Weiner Robert Edward $95,000
Previous Owner Weiner Robert Edward $70,000
Previous Owner Weiner Robert Edward $488,000
Previous Owner Morse Julie A $420,000
Previous Owner Morse Julie A $350,400
Previous Owner Hayes Lorey $245,000
Previous Owner Hayes Lorey $197,600
Closed Morse Julie A $65,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2014 09/09/14 Sold $917,000 +7.9% $318 / Sq Ft
03/20/2014 03/20/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $849,500 -- $295 / 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 $13,384 $1,102,085 $771,583 $330,502
2024 $13,384 $1,080,476 $756,454 $324,022
2023 $13,130 $1,059,291 $741,622 $317,669
2022 $12,527 $1,038,522 $727,081 $311,441
2021 $12,363 $1,018,160 $712,825 $305,335
2019 $11,996 $987,963 $691,683 $296,280
2018 $11,898 $968,592 $678,121 $290,471
2016 $11,366 $930,983 $651,790 $279,193
2015 $11,201 $917,000 $642,000 $275,000
2014 $9,043 $725,391 $342,626 $382,765
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andrew Steinlen

    Keller Williams Hollywood Hills

    (310) 623-1300

    10 Total Sales

    Section Image

  • S

    Buyer's Agent in 2014

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 14-741767

The MLS

APN: 5084-022-004

California Los Angeles County Los Angeles 90019 Miracle Mile

1121 S Highland Ave, Los Angeles, CA

This home is located at 1121 S Highland Ave, Los Angeles, CA 90019 since 05 March 2014 and is currently estimated at $1,661,335, approximately $576 per square foot. This property was built in 1940. 1121 S Highland Ave is a home located in Los Angeles County with nearby schools including Wilshire Crest Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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