NOT LISTED FOR SALE

1132 S Crescent Heights Blvd Los Angeles, CA 90035

Carthay Neighborhood

Estimated Value: $1,739,350 - $1,855,000

4 Beds
4 Baths
3,313 Sq Ft
$537/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $1,700,000 $513 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,457/month

37 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Fenced Yard
  • Wood Flooring
  • Porte-Cochere
  • Enclosed Patio or Porch

About This Home

As of July 2024

PRICE REDUCTION! This pristine 1933 Spanish Colonial Revival duplex is in South Carthay, a neighborhood on the National Registry of Historic Places in one of the city's HistoricPreservation Overlay Zones (HPOZ). South Carthay is a quiet neighborhood close to the soon-to-be-opened Fairfax Metro stop with easy access to the 10 Freeway, Wilshire Museums, The Grove, and the famous Farmer's Market. If you appreciate impeccably preserved 30's architecture with arches, original tile work, and art deco bathrooms and kitchens, this one's for you! Each unit has two bedrooms and 1.5 baths, living rooms with working fireplaces, formal dining rooms, breakfast rooms, and kitchens with laundry areas. The upper unit has a bonus room above the porte-cochere. The backyard features a lush garden with fountain, and a private brick patio with retractable Sunbrella awnings. The seller has meticulously maintained the building's architectural integrity. Upgrades are extensive including newer central heat and air (2019), newer roof with warranty, new sewer lines (2014), furnaces (2017), casement windows, and electrical wiring and plumbing throughout both units. Each unit has its own tankless water heater (lower unit received new tankless water heater in 2024). The building was painted with new fencing in 2022. There are 2 garages. The owner has architectural plans to convert one garage to an ADU or studio. This is indeed a trophy property waiting for the discerning buyer. Both units are occupied with tenants on month-to-month leases. No-fault evictions can be applied to both units. Rents for each have been increased by $55 as of July 1, 2024 (approved by LA City for capital improvements).

Last Agent to Sell the Property

Robert Leighton

Rodeo Realty License #00924322 Listed on: 06/04/2024

Rodeo Realty

Last Buyer's Agent

Jane Sha

Berkshire Hathaway HomeServices California Properties License #01919568

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,106

Year Built

  • Built in 1933 | Remodeled

Lot Details

  • 5,496 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Fenced
  • Landscaped
  • Sprinkler System
  • Back Yard
  • Historic Home

Parking

  • 1 Car Garage
  • 2 Open Parking Spaces
  • Porte-Cochere
  • Private Parking
  • Driveway
  • Off-Site Parking

Home Design

  • Duplex
  • Spanish Architecture
  • Flat Roof Shape
  • Frame Construction
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,313 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5087-017-023

Community Details

Overview

  • 2 Units
  • Built by SPIROS PONTY

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,106

Year Built

Built in 1933 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: PRICE REDUCTION! This pristine 1933 Spanish Colonial Revival duplex is in South Carthay, a neighborhood on the National Registry of Historic Places in one of the city's HistoricPreservation Overlay Zones (HPOZ). South Carthay is a quiet neighborhood close to the soon-to-be-opened Fairfax Metro stop with easy access to the 10 Freeway, Wilshire Museums, The Grove, and the famous Farmer's Market. If you appreciate impeccably preserved 30's architecture with arches, original tile work, and art deco bathrooms and kitchens, this one's for you! Each unit has two bedrooms and 1.5 baths, living rooms with working fireplaces, formal dining rooms, breakfast rooms, and kitchens with laundry areas. The upper unit has a bonus room above the porte-cochere. The backyard features a lush garden with fountain, and a private brick patio with retractable Sunbrella awnings.
  • Builder Name: SPIROS PONTY
  • Building Permit: Yes
  • Living Area: 3313
  • Lot Acreage: 0.1262
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1933
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Free Standing Gas, Cooktop - Gas, Oven-Gas
  • Bedrooms: 4
  • Bathroom Features: Shower Stall, Tile, Shower and Tub
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: Inside
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Washer, Garbage Disposal, Range/Oven, Refrigerator
  • Price Per S Q F T: 534.26

Exterior Features

  • Direction Faces: West
  • Construction: Frame, Stucco
  • Other Features: Historical, Partial Copper Plumbing, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Enclosed, Patio Open
  • Pool: No
  • Roof: Composition, Flat
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Other Spaces: 2
  • Covered Parking: 1
  • Parking Garage: Offsite, Private, Driveway, Porte-Cochere, Private Garage
  • Total Parking: 3

Utilities

  • Water District: DWP
  • Water Heater: Tankless
  • Cooling: Ceiling Fan, Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Sewer: In Street, Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 27.83
  • Assessed Improvement Value: 191682
  • Assessed Land Percent: 72.17
  • Assessed Land Value: 496969
  • Total Assessed Value: 688651
  • Assessor Parcel Number: 5087-017-023
  • Lot Description: Back Yard, Fenced, Fenced Yard, Landscaped, Yard, Alley Paved, Gutters, Sidewalks, Street Paved
  • Lot Size Area: 5496

Rental Info

  • Number Leased: 2
  • Land Lease Type: Fee
  • Lease Per Month Year: Month
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.60
  • Number Of Units: 2
  • Total Annual Expense: 7789
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2024
Closed on
Jul 24, 2024
Sold by
Lacobo Maria C
Bought by
Young Du Clayton and Teng Teresa L
Seller's Agent
Robert Leighton
Rodeo Realty
Buyer's Agent
Jane Sha
Berkshire Hathaway HomeServices California Properties
List Price
$1,770,000
Sold Price
$1,700,000
Premium/Discount to List
-$70,000
-3.95%
Views
15
Current Estimated Value
$1,779,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,838
Avg. Annual Appreciation
4.47%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Lamey Arnault X
Bought by
Iacobo Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,250
Interest Rate
2.5%
Source: Public Records

Range of Values:

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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
Young Du Clayton $1,700,000 Progressive Title
Iacobo Maria C $485,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iacobo Maria C $393,000
Previous Owner Iacobo Maria C $420,000
Previous Owner Iacobo Maria C $425,000
Previous Owner Iacobo Maria C $414,000
Previous Owner Iacobo Maria C $425,000
Previous Owner Iacobo Maria C $420,000
Previous Owner Iacobo Maria C $75,000
Previous Owner Iacobo Maria C $50,000
Previous Owner Iacobo Maria C $413,100
Previous Owner Iacobo Maria C $413,100
Previous Owner Iacobo Maria C $50,000
Previous Owner Iacobo Maria C $412,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $1,700,000 -4.0% $513 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/04/2024 06/04/24 For Sale $1,770,000 0.0% $534 / Sq Ft
10/18/2020 10/18/20 Rented $3,500 0.0% --
10/18/2020 10/18/20 Under Contract -- -- --
10/01/2020 10/01/20 For Rent $3,500 +7.7% --
12/10/2018 12/10/18 Rented $3,250 0.0% --
12/04/2018 12/04/18 Under Contract -- -- --
11/28/2018 11/28/18 Price Changed $3,250 -7.1% $2 / Sq Ft
10/27/2018 10/27/18 Price Changed $3,500 -5.4% $2 / Sq Ft
10/13/2018 10/13/18 Price Changed $3,700 -11.9% $2 / Sq Ft
09/24/2018 09/24/18 Price Changed $4,200 -4.5% $2 / Sq Ft
09/15/2018 09/15/18 Price Changed $4,400 -4.3% $3 / Sq Ft
08/27/2018 08/27/18 Price Changed $4,600 -6.1% $3 / Sq Ft
08/06/2018 08/06/18 Price Changed $4,900 -10.9% $3 / Sq Ft
07/13/2018 07/13/18 For Rent $5,500 -- --
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 $9,106 $1,700,000 $1,200,000 $500,000
2024 $9,106 $730,799 $527,386 $203,413
2023 $8,936 $716,471 $517,046 $199,425
2022 $8,529 $702,423 $506,908 $195,515
2021 $8,406 $688,651 $496,969 $191,682
2019 $8,156 $668,228 $482,230 $185,998
2018 $8,082 $655,126 $472,775 $182,351
2016 $7,702 $629,688 $454,417 $175,271
2015 $7,590 $620,231 $447,592 $172,639
2014 $7,623 $608,083 $438,825 $169,258
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-399901

The MLS

APN: 5087-017-023