NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,427,572

4 Beds
2 Baths
1,966 Sq Ft
$544/Sq Ft Est. Value

Last Sold January 17, 2014

Last sale price $572,000 $291 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,404/month

84 Days on Market

Highlights

  • 10,553 Sq Ft lot
  • Abraham Lincoln High School Rated A
  • 1-Story Property

About This Home

As of January 2014

Beautifully renovated 2 Bedroom, 1 Bathroom, with garage, 885sf single family detached home sits at the foot of Mount Washington in LA popular Cypress Park. Views, views, more breath-taking views! This gorgeous home is situated between downtown LA + Glendale, surrounded by Atwater Village, Glassel Park, Eagle Rock + Highland Park; central to the LA River Project, Griffith Park, LA food culture on York Blvd, Figueroa St, the Americana at Brand, Dodger Stadium, Chinatown, Occidental Collage with easy access to shops, restaurant + Freeways 2, 5, 110. Every room in this light-bright-airy home was elegantly renovated: new living room, bedrooms, kitchen, bathrooms, plumbing, electrical, light fixtures, ceiling fans in every room, restored oak hardwood floors, air-conditioning + heat, French doors to private patio, stainless steel appliances – Frigidaire stove, dishwasher, refrigerator, built-in microwave, Quartz kitchen counter-tops, porcelain tile kitchen + bathroom floors, laundry room with washer and dryer, abundant cabinets, walk-in closet, window coverings, shower large enough for 2 with dew glass tile walls + frameless glass doors, Xeriscape landscaping and 4 private outdoor spaces. No pets please. Welcome Home.

Last Agent to Sell the Property

Alazar Asmamaw

LAInvestors.com, Inc. License #01392845 Listed on: 07/11/2013

Last Buyer's Agent

Bandele Oguntomilade

License #01479541

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,507

Year Built

  • Built in 1927

Lot Details

  • 10,553 Sq Ft Lot

Parking

  • 3 Parking Spaces

Interior Spaces

  • 1,966 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5454-026-001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,507

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1966
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Microwave, Range/Oven
  • Price Per S Q F T: 289.42

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 2 Car
  • Total Parking: 3

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 79868
  • Assessed Land Value: 299668
  • Assessor Parcel Number: 5454-026-001
  • Geocode Override: No
  • Lot Size Area: 10553

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 16.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 10138
  • Type Of Units: 2(2+1)
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2013
Closed on
Nov 18, 2013
Sold by
White Cottage Fund Llc
Bought by
Mons Jean Claude and Majeske Kevan
Seller's Agent
Alazar Asmamaw
LAInvestors.com, Inc.
Buyer's Agent
Bandele Oguntomilade
List Price
$579,000
Sold Price
$572,000
Premium/Discount to List
-$7,000
-1.21%
Current Estimated Value
$1,068,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$496,893
Avg. Annual Appreciation
5.86%
Original Mortgage
$549,429
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 24, 2012
Sold by
Urzua Dante F
Bought by
White Cottage Fund Llc

Purchase Details

Closed on
Nov 14, 2011
Sold by
Urzua Dante F
Bought by
Urzua Dante F and Urzua Mirla

Purchase Details

Closed on
Jan 8, 2004
Sold by
Urzua Marie Elena
Bought by
Urzua Dante F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.86%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 17, 2003
Sold by
Ramos Martha A and Ramos Vicente M
Bought by
Ramos Martha A and Urzua Dante F

Purchase Details

Closed on
Oct 30, 1995
Sold by
Kanavalov Beth B and Teran Manuel
Bought by
Ramos Martha A and Ramos Vicente M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.58%

Purchase Details

Closed on
Aug 23, 1994
Sold by
Teran Ignacio
Bought by
Teran Manuel

Purchase Details

Closed on
Mar 23, 1994
Sold by
Teran Ignacio
Bought by
Teran Ignacio
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
Mons Jean Claude $572,000 Fidelity National Title Co
White Cottage Fund Llc $250,000 Ticor Title Company Of Ca
Urzua Dante F -- Accommodation
Urzua Dante F -- None Available
Urzua Dante F -- New Century Title Riverside
Urzua Dante F -- New Century Title Riverside
Ramos Martha A -- --
Ramos Martha A $165,000 Progressive Title Company
Teran Manuel -- --
Teran Ignacio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mons Jean Claude $547,000
Previous Owner Mons Jean Claude $549,429
Previous Owner Urzua Dante F $391,891
Previous Owner Urzua Dante F $225,000
Previous Owner Ramos Martha A $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Rented $2,450 0.0% --
08/01/2016 08/01/16 Under Contract -- -- --
07/05/2016 07/05/16 For Rent $2,450 +6.5% --
11/15/2014 11/15/14 Rented $2,300 0.0% --
11/09/2014 11/09/14 Under Contract -- -- --
10/22/2014 10/22/14 For Rent $2,300 0.0% --
01/17/2014 01/17/14 Sold $572,000 -1.2% $291 / Sq Ft
10/03/2013 10/03/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $579,000 +131.6% $295 / Sq Ft
02/22/2013 02/22/13 Sold $250,000 -23.1% $127 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $325,000 -- $165 / 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 $8,507 $701,182 $508,727 $192,455
2024 $8,507 $687,434 $498,752 $188,682
2023 $8,343 $673,956 $488,973 $184,983
2022 $7,956 $660,742 $479,386 $181,356
2021 $7,853 $647,787 $469,987 $177,800
2020 $7,929 $641,145 $465,168 $175,977
2019 $7,618 $628,575 $456,048 $172,527
2018 $7,533 $616,251 $447,106 $169,145
2016 $7,189 $592,324 $429,746 $162,578
2015 $7,084 $583,427 $423,291 $160,136
2014 $3,291 $251,135 $150,681 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-697547

The MLS

APN: 5454-026-001