NOT LISTED FOR SALE

1158 N Serrano Ave Los Angeles, CA 90029

East Hollywood Neighborhood

Estimated Value: $1,087,000 - $1,438,000

4 Beds
3 Baths
2,297 Sq Ft
$566/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $790,000 $344 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,012/month

4 Days on Market

Highlights

  • Paved or Partially Paved Lot
  • STEM Academy at Bernstein High Rated A-
  • 3-minute walk to La Mirada Park

About This Home

As of December 2016

Two detached homes! What an awesome opportunity!! This amazing, remodeled duplex offers 4 bedrooms and 2 1/2 bathrooms total. One unit faces Serrano Ave and one faces Virginia Ave. 1158 N. Serrano Ave has 2 bedrooms, one and a half bathrooms. A dramatic fireplace as you walk in, with recessed lighting through out. Kitchen has been totally redone with new cabinets, new floors, granite counter tops and brand new appliances. A 2 car attached garage is something you do not often see. Besides the garage, Serrano unit also has gated parking. Off to the kitchen is your own laundry area. 5357 Virginia Ave. offers 2 bedrooms and 2 baths. One bedroom house a walk in closet including their own bathroom. Kitchen and bathrooms have also been completely re-done. No garage here, however, plenty of gated parking. This unit has it's own laundry room. Come check it out...you will not be disappointed.

Last Agent to Sell the Property

Monica Acosta

No Firm Affiliation License #01435312 Listed on: 10/28/2016

Co-Listed By

Jack Stephan

Jack Stephan, Broker License #01916736

Last Buyer's Agent

Monica Acosta

No Firm Affiliation License #01435312 Listed on: 10/28/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,176

Year Built

  • Built in 1914

Lot Details

  • 7,151 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • 2,297 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 5537007024

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,176

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5537007024
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 343.93

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Paved, Rocks, Sprinkler System, Walkstreet
  • Lot Size Sq Ft: 7151.00

Multi Family

  • Gross Scheduled Income: 42000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1911.20
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2016
Closed on
Nov 4, 2016
Sold by
Dli Properties Llc
Bought by
Chung Harrison and Sah Sherry Sam
Seller's Agent
Monica Acosta
No Firm Affiliation
Buyer's Agent
Monica Acosta
No Firm Affiliation
List Price
$779,000
Sold Price
$790,000
Premium/Discount to List
$11,000
1.41%
Current Estimated Value
$1,299,572

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,572
Avg. Annual Appreciation
5.88%
Original Mortgage
$474,000
Outstanding Balance
$400,051
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$898,624

Purchase Details

Closed on
Mar 2, 2016
Sold by
Ramirez Jose Reyes and Ramirez Paul R
Bought by
Dli Properties Llc

Purchase Details

Closed on
Aug 7, 2015
Sold by
Ramirez Raul and Ruiz Maria Concepcion Lopez
Bought by
Ramirez Raul and Ramirez Jose Reyes

Purchase Details

Closed on
Oct 26, 2012
Sold by
Ramirez Raul and Lopez Soledad Reyes
Bought by
Ramirez Raul and Ruiz Maria Concepcion Lopez

Purchase Details

Closed on
Feb 22, 2007
Sold by
Ramirez Raul
Bought by
Ramirez Raul and Lopez Soladad Reyes

Purchase Details

Closed on
Nov 9, 2006
Sold by
Ramirez Raul
Bought by
Ramirez Raul and Lopez Soladad Reyes

Purchase Details

Closed on
Jun 24, 2005
Sold by
Ramirez Jose Reyes
Bought by
Ramirez Jose Reyes and Ramirez Raul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.47%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 22, 2003
Sold by
Lerner Hyman
Bought by
Lerner Andrea L and The Hyman Lerner Declaration O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 2003
Sold by
Ramirez Jose Reyes
Bought by
Ramirez Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2003
Sold by
Lerner Andrea L and Hyman Lerner Declaration Of Tr
Bought by
Lerner Hyman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2003
Sold by
Lerner Andrea L and The Hyman Lerner Declaration O
Bought by
Ramirez Jose Reyes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 1997
Sold by
Lerner Hyman
Bought by
Lerner Andrea L and Hyman Lerner Declaration Of Tr
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
Chung Harrison $790,000 Consumers Title Company
Dli Properties Llc $569,000 None Available
Ramirez Raul -- None Available
Ramirez Raul -- None Available
Ramirez Raul -- Accommodation
Ramirez Raul -- Advantage Title Inc
Ramirez Jose Reyes -- North American Title
Lerner Andrea L -- Chicago Title Co
Ramirez Raul -- Chicago Title Co
Lerner Hyman -- Commerce Title Company
Ramirez Jose Reyes $250,000 Chicago Title Co
Lerner Andrea L -- --
Lerner Hyman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Harrison $474,000
Previous Owner Dli Properties Llc $100,000,000
Previous Owner Ramirez Jose Reyes $350,000
Previous Owner Lerner Hyman $100,000
Previous Owner Ramirez Jose Reyes $244,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $790,000 +1.4% $344 / Sq Ft
11/01/2016 11/01/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $779,000 -- $339 / 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 $11,176 $916,857 $638,320 $278,537
2024 $11,176 $898,880 $625,804 $273,076
2023 $10,961 $881,256 $613,534 $267,722
2022 $10,455 $863,977 $601,504 $262,473
2021 $10,322 $847,037 $589,710 $257,327
2020 $10,425 $838,353 $583,664 $254,689
2019 $10,015 $821,916 $572,220 $249,696
2018 $9,876 $805,800 $561,000 $244,800
2016 $6,292 $511,180 $368,169 $143,011
2015 $7,251 $598,501 $432,418 $166,083
2014 $7,282 $586,778 $423,948 $162,830
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Monica Acosta

    No Firm Affiliation

  • J

    Seller Co-Listing Agent in 2016

    Jack Stephan

    Jack Stephan, Broker

    (310) 936-8334

    1 in this area

    62 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16735792

California Regional Multiple Listing Service (CRMLS)

APN: 5537-007-024

California Los Angeles County Los Angeles 90029 East Hollywood

1158 N Serrano Ave, Los Angeles, CA

This home is located at 1158 N Serrano Ave, Los Angeles, CA 90029 since 28 October 2016 and is currently estimated at $1,299,572, approximately $565 per square foot. This property was built in 1914. 1158 N Serrano Ave is a home located in Los Angeles County with nearby schools including Kingsley Elementary School, Joseph Le Conte Middle School, and STEM Academy at Bernstein High.

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.

California Regional Multiple Listing Service (CRMLS) 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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