NOT LISTED FOR SALE

1156 S Highland Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,390,000 - $2,420,000

5 Beds
5 Baths
2,441 Sq Ft
$755/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $2,250,000 $922 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $11,299/month

14 Days on Market

Highlights

  • City Lights View
  • High Ceiling
  • Lawn
  • Wood Flooring
  • Quartz Countertops
  • Open to Family Room

About This Home

As of February 2024

Fully remodeled home with two additional units perfect for a savvy buyer looking for mortgage relief - completely vacant and beautiful! Located on a quiet tree lined street this one-of-a-kind property seamlessly blends the charm of an original California-style bungalow into three iterations all with outdoor space on this oversized lot. Whether you're a design enthusiast seeking a unique place to call home with two other units you can rent or work from or a seasoned investor looking for a low-maintenance trophy property, this is the opportunity you've been waiting for! Each unit offers completely remodeled and tastefully designed kitchens complete with dreamy bedrooms and sumptuous bathrooms with terrazzo finishes. Skylights, high ceilings, original floors and windows bring in the perfect amount of old world charm with modern functionality and an abundance of light. The front unit has a large living room with exposed beams, gourmet kitchen, and pitched ceilings. The en suite primary has access to the back yard creating fantastic flow. The middle unit offers similar vibes with larger bedrooms and over sized primary bathroom with walk in closet and access to a fully landscaped and private oasis . Lastly the ADU is tucked at the back of the lot with a full kitchen and private bedroom. All units have their own laundry, central air , and gas meters. This opportunity does not come around often as this property has been fully redone with all new systems, new roof, new tankless water heaters, new panels and fencing. ALL UNITS ARE VACANT, providing maximum flexibility to owner-occupy or maximize return on investment as a rental where you choose the tenants. Centrally located on a tree lined street one can easily access all La Brea has to offer with Trejo's Tacos at your disposal and a short drive to trendy Larchmont Village.

Last Agent to Sell the Property

Alice Cannington

The Agency License #01957601 Listed on: 01/18/2024

The Agency

Co-Listed By

Malyn Dahlin

The Agency License #02036877

Last Buyer's Agent

Markus Canter

Berkshire Hathaway HomeServices California Properties License #01810156

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,022

Year Built

  • Built in 1950 | Remodeled

Lot Details

  • 7,434 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Lawn
  • Front Yard

Home Design

  • Bungalow
  • Raised Foundation
  • Asphalt Roof
  • Stucco

Interior Spaces

  • 2,441 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • High Ceiling
  • Skylights in Kitchen
  • French Doors
  • City Lights Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms
  • Double Vanity

Laundry

  • Laundry closet
  • Dryer
  • Washer

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Location

  • City Lot

Utilities

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

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, water
  • Assessor Parcel Number 5084-023-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,022

Year Built

Built in 1950 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Fully remodeled home with two additional units perfect for a savvy buyer looking for mortgage relief - completely vacant and beautiful! Located on a quiet tree lined street this one-of-a-kind property seamlessly blends the charm of an original California-style bungalow into three iterations all with outdoor space on this oversized lot. Whether you're a design enthusiast seeking a unique place to call home with two other units you can rent or work from or a seasoned investor looking for a low-maintenance trophy property, this is the opportunity you've been waiting for! Each unit offers completely remodeled and tastefully designed kitchens complete with dreamy bedrooms and sumptuous bathrooms with terrazzo finishes. Skylights, high ceilings, original floors and windows bring in the perfect amount of old world charm with modern functionality and an abundance of light. The front unit has a l
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 2441
  • Lot Acreage: 0.1707
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1950
  • Number Of Photos: 44
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Ceramic Tile
  • Appliances: Gas
  • Bedrooms: 5
  • Common Walls: Attached
  • Bathroom Features: Double Vanity(s)
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Quartz Counters, Skylight(s), Open to Family Room
  • Laundry: Laundry Closet Stacked, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Washer, Dryer, Refrigerator, Range/Oven, Built-Ins, Garbage Disposal
  • Price Per S Q F T: 940.19

Exterior Features

  • Construction: Stucco
  • Other Features: French Doors, High Ceilings (9 Feet+), Two On A Lot, Sprinkler System
  • Other Structures: Accessory Bldgs
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessed Improvement Percent: 21.57
  • Assessed Improvement Value: 275000
  • Assessed Land Percent: 78.43
  • Assessed Land Value: 1000000
  • Total Assessed Value: 1275000
  • Assessor Parcel Number: 5084-023-014
  • Lot Description: Lawn, Lot-Level/Flat, Front Yard, Street Asphalt, Sidewalks, Yard
  • Lot Location: City
  • Lot Size Area: 7434

Rental Info

  • Tenant Pays: Gas, Water

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.24
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: SFR
  • Vacancy Rate: Vacant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 21, 2024
Sold by
Marling Investment Properties Llc
Bought by
1156 S Highland Ave Llc
Seller's Agent
Alice Cannington
The Agency
Buyer's Agent
Markus Canter
Berkshire Hathaway HomeServices California Properties
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%
Views
114
Current Estimated Value
$1,842,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$407,027
Avg. Annual Appreciation
-12.71%

Purchase Details

Listed on
Jan 18, 2024
Closed on
Feb 5, 2024
Sold by
Boyer Ventures Llc
Bought by
Marling Investment Properties Llc
Seller's Agent
Alice Cannington
The Agency
Buyer's Agent
Markus Canter
Berkshire Hathaway HomeServices California Properties
List Price
$2,295,000
Sold Price
$2,250,000
Premium/Discount to List
-$45,000
-1.96%
Views
114

Purchase Details

Listed on
Jun 1, 2022
Closed on
Jun 22, 2022
Sold by
Bartlett Trust and Johnson Alana Roberts
Bought by
Boyer Ventures Llc
Seller's Agent
Edy Roberts
Compass
Buyer's Agent
John Chelius
Property Works RE, Inc.
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.26%
Original Mortgage
$1,660,000
Interest Rate
5.78%
Mortgage Type
Construction

Purchase Details

Closed on
May 22, 2013
Sold by
Dayco Funding Corporation
Bought by
Dayco Funding Corporation and Miracle Day Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2013
Sold by
Dayco Funding Corporation
Bought by
Olives Acres Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Interest Rate
3.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 1999
Sold by
Bartlett Bertram W
Bought by
Bartlett Harriet Tillman and Bartlett Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1156 S Highland Ave Llc -- None Listed On Document
Marling Investment Properties Llc $2,250,000 Lawyers Title
Boyer Ventures Llc $1,275,000 Lawyers Title
Dayco Funding Corporation -- Provident Title Company
Olives Acres Llc $3,195,031 Provident Title Company
Bartlett Harriet Tillman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyer Ventures Llc $1,660,000
Previous Owner Olives Acres Llc $1,525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $2,250,000 -2.0% $922 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $2,295,000 +80.0% $940 / Sq Ft
07/29/2022 07/29/22 Sold $1,275,000 0.0% $625 / Sq Ft
06/26/2022 06/26/22 Pending -- -- --
06/01/2022 06/01/22 For Sale $1,275,000 -- $625 / 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 $16,022 $2,295,000 $1,606,500 $688,500
2024 $16,022 $1,300,500 $1,020,000 $280,500
2023 $15,716 $1,275,000 $1,000,000 $275,000
2022 $2,355 $165,909 $74,364 $91,545
2021 $2,315 $162,656 $72,906 $89,750
2019 $2,254 $157,834 $70,745 $87,089
2018 $2,124 $154,740 $69,358 $85,382
2016 $2,016 $148,733 $66,666 $82,067
2015 $1,990 $146,500 $65,665 $80,835
2014 $2,012 $143,631 $64,379 $79,252
Source: Public Records

Agents Affiliated with this Home

  • Alice Cannington

    Seller's Agent in 2024

    Alice Cannington

    The Agency

    (310) 804-5229

    2 in this area

    119 Total Sales

    Alice Cannington
    Section Image
  • Malyn Dahlin

    Seller Co-Listing Agent in 2024

    Malyn Dahlin

    The Agency

    (310) 773-1107

    2 in this area

    120 Total Sales

    Malyn Dahlin
    Section Image
  • Markus Canter

    Buyer's Agent in 2024

    Markus Canter

    Berkshire Hathaway HomeServices California Properties

    (310) 704-4248

    6 in this area

    107 Total Sales

    Markus Canter
    Section Image
  • Cristie St. James

    Buyer Co-Listing Agent in 2024

    Cristie St. James

    Berkshire Hathaway HomeServices California Properties

    (310) 291-1029

    6 in this area

    111 Total Sales

    Cristie St. James
    Section Image

  • E

    Seller's Agent in 2022

    Edy Roberts

    Compass

    Section Image

  • J

    Buyer's Agent in 2022

    John Chelius

    Property Works RE, Inc.

    (310) 722-0360

    2 in this area

    6 Total Sales

    John Chelius
    Section Image
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Map

Source: The MLS

MLS Number: 24-349103

The MLS

APN: 5084-023-014

California Los Angeles County Los Angeles 90019 Miracle Mile

1156 S Highland Ave, Los Angeles, CA

This home is located at 1156 S Highland Ave, Los Angeles, CA 90019 since 18 January 2024 and is currently estimated at $1,842,973, approximately $755 per square foot. This property was built in 1950. 1156 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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