NOT LISTED FOR SALE

1146 S Herbert Ave Los Angeles, CA 90023

Estimated Value: $472,000 - $704,000

3 Beds
1 Bath
880 Sq Ft
$698/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $601,000 $683 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,191/month

5 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Neighborhood Views
  • James A. Garfield Senior High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of March 2022

TERRIFIC INVESTOR OPPORTUNITY for this fixer SFR. This flat rectangular lot is zoned LCR4YY and is over 6300 sqft. This cul de sac location is just north of Olympic and close to the 5, 60 and 710 freeways and public transit. Just minutes from downtown LA, several hospitals, colleges, dining, shopping and more. Property has 3 bedrooms but public records show 2 bedrooms. Buyer/Agent advised to independently investigate and verify the accuracy of all information which includes but is not limited to zoning, permits, sqft, city/county/local ordinances, etc. Sold As-Is _ Cash only.

Last Agent to Sell the Property

Karean Wrightson

Compass License #01752245 Listed on: 02/27/2022

Compass

Last Buyer's Agent

Scott Tamkin

Compass License #01336758

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,485

Year Built

  • Built in 1923

Lot Details

  • 6,364 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Private Yard
  • Property is zoned LCR4YY

Home Design

  • Fixer Upper

Interior Spaces

  • 880 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • Parking Available
  • Driveway Level

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Property is near public transit
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / 4
  • Tax Tract Number 4510
  • Assessor Parcel Number 5241003003
  • $766 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,485

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCR4YY
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5241003003
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 880.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 682.95
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway Level

Utilities

  • Laundry: Yes
  • Appliances: Water Heater
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 6364.00
  • Lot Size Acres: 0.1461

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6364.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5313.02
  • Tax Lot: 3
  • Tax Tract Number: 4510
  • TaxOtherAnnualAssessmentAmount: 766.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2022
Closed on
Mar 14, 2022
Sold by
Venegas Susan M
Bought by
Rmz Group Inc
Seller's Agent
Karean Wrightson
Compass
Buyer's Agent
Scott Tamkin
Compass
List Price
$399,000
Sold Price
$601,000
Premium/Discount to List
$202,000
50.63%
Current Estimated Value
$636,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,348
Avg. Annual Appreciation
0.66%
Original Mortgage
$480,800
Interest Rate
3.85%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 11, 2002
Sold by
Keeling Timothy D
Bought by
Venegas Susan M
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
Rmz Group Inc $601,000 Western Resources Title
Venegas Susan M -- Western Resources Title
Venegas Susan M -- --
Venegas Susan M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rmz Group Inc $1,986,740
Closed Rmz Group Inc $520,000
Closed Rmz Group Inc $480,800
Previous Owner Venegas Susan P $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2022 03/25/22 Sold $601,000 +50.6% $683 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $399,000 -33.6% $453 / Sq Ft
03/04/2022 03/04/22 Off Market $601,000 -- --
03/03/2022 03/03/22 Off Market $601,000 -- --
02/27/2022 02/27/22 For Sale $399,000 -- $453 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,485 $637,785 $510,228 $127,557
2024 $8,485 $625,280 $500,224 $125,056
2023 $8,073 $613,020 $490,416 $122,604
2022 $1,158 $32,975 $17,530 $15,445
2021 $1,142 $32,330 $17,187 $15,143
2019 $1,120 $31,373 $16,678 $14,695
2018 $1,004 $30,758 $16,351 $14,407
2016 $960 $29,566 $15,717 $13,849
2015 $948 $29,122 $15,481 $13,641
2014 $954 $28,552 $15,178 $13,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22036143

California Regional Multiple Listing Service (CRMLS)

APN: 5241-003-003