NOT LISTED FOR SALE

1172 Hi Point St Los Angeles, CA 90035

Carthay Neighborhood

Estimated Value: $1,818,000 - $1,922,000

6 Beds
4 Baths
3,517 Sq Ft
$537/Sq Ft Est. Value

Last Sold September 09, 2024

Last sale price $1,805,000 $513 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,613/month

72 Days on Market

Highlights

  • City View
  • Multi-Level Bedroom
  • Wood Flooring
  • Carthay Center Elementary School Rated 9+
  • Family Room with Fireplace
  • Mediterranean Architecture

About This Home

As of September 2024

BOTH UNITS DELIVERED VACANT! Seize this unique opportunity to own an enchanting Spanish-style duplex nestled in the historical and serene Carthay Square. This splendid investment features large vintage character units, each boasting three spacious bedrooms and two well-appointed bathrooms. Revel in the timeless elegance of vintage bath and kitchen tile work, hardwood floors, graceful archways, and exquisite molding details that offer a glimpse into a bygone era. The lower unit comes complete with a beautiful kitchen that pairs functionality with classic charm. Both units have been cherished for their sizeable living spaces and time-honored features, all coupled with good, stable past tenancy. Strategically priced, this property stands as a testimony to both value and the potential for excellent price appreciation. Its prime residential location at the heart of Carthay Square, mere moments from the city's cultural beacon, LACMA, enhances its desirability. This is an excellent offering that will captivate investors seeking tangible charm and history without compromising on prospective financial growth.

Last Agent to Sell the Property

Adam Rosenfeld

Resident Group License #01918229 Listed on: 04/26/2024

Resident Group

Co-Listed By

Wolf Amer

The Agency License #02002555

Last Buyer's Agent

Jennifer Niman

Berkshire Hathaway HomeServices California Properties License #00965903

Berkshire Hathaway HomeServices California Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,141

Year Built

  • Built in 1929

Lot Details

  • 6,500 Sq Ft Lot
  • Fenced
  • Front and Back Yard Sprinklers
  • Back Yard
  • Historic Home

Parking

  • 4 Car Garage

Property Views

  • City
  • Courtyard

Home Design

  • Duplex
  • Mediterranean Architecture
  • Cosmetic Repairs Needed

Interior Spaces

  • 3,517 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Dining Room
  • Alarm System
  • Laundry in unit

Kitchen

  • Oven
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Multi-Level Bedroom
  • 4 Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Balcony
  • Brick Porch or Patio
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5087-026-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,141

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3517
  • Lot Acreage: 0.1493
  • Property Condition: Repair Cosmetic
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 46
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Tile, Wood
  • Appliances: Oven
  • Bedrooms: 6
  • Bedroom Features: Multi-Level Bedroom
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Counter Top
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher
  • Price Per S Q F T: 540.23

Exterior Features

  • Other Features: Balcony, Historical
  • Other Structures: Accessory Bldgs
  • Patio: Brick, Concrete Slab
  • Pool: No
  • Spa Yn: No
  • View: City, Courtyard
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 8

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Sprinklers: Front, Rear
  • Assessor Parcel Number: 5087-026-020
  • Lot Description: Back Yard, Fenced, Gutters, Sidewalks
  • Lot Size Area: 6500

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: NA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 17, 2024
Sold by
Jody E Myers Revocable Trust and Dugan Sean Thomas
Bought by
Netkin Yonaton and Netkin Shifra
Seller's Agent
Adam Rosenfeld
Resident Group
Buyer's Agent
Jennifer Niman
Berkshire Hathaway HomeServices California Properties
List Price
$1,900,000
Sold Price
$1,805,000
Premium/Discount to List
-$95,000
-5%
Views
6
Current Estimated Value
$1,889,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,721
Avg. Annual Appreciation
4.42%
Original Mortgage
$1,444,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2011
Sold by
Myers Jody Elizabeth
Bought by
Myers Jody E and Jody E Myers Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 20, 2011
Sold by
Ackerman David C
Bought by
Myers Jody Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 5, 2009
Sold by
Myers Jody E and Ackerman David C
Bought by
Myers Jody E and Jody E Myers Revocable Trust

Purchase Details

Closed on
Nov 21, 2008
Sold by
Ackerman David C and Myers Jody E
Bought by
Ackerman David C

Purchase Details

Closed on
Feb 14, 2001
Sold by
Ackerman David Chaim and Myers Jody Elizabeth
Bought by
Ackerman David C

Purchase Details

Closed on
Dec 29, 1995
Sold by
Green Norman H and Green Rachel Rubin
Bought by
Ackerman David Chaim
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
Netkin Yonaton $1,805,000 Fidelity National Title
Myers Jody E -- Investors Title
Myers Jody Elizabeth -- Investors Title
Myers Jody Elizabeth -- Investors Title
Myers Jody E -- None Available
Ackerman David C -- None Available
Ackerman David C -- --
Ackerman David Chaim -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Netkin Yonaton $1,444,000
Previous Owner Myers Jody Elizabeth $417,000
Previous Owner Myers Jody Elizabeth $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Sold $1,805,000 -5.0% $513 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $1,900,000 -- $540 / 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 $7,141 $1,805,000 $1,260,000 $545,000
2024 $7,141 $565,170 $318,988 $246,182
2023 $7,010 $554,089 $312,734 $241,355
2022 $6,695 $543,225 $306,602 $236,623
2021 $6,592 $532,575 $300,591 $231,984
2019 $6,398 $516,780 $291,676 $225,104
2018 $6,326 $506,648 $285,957 $220,691
2016 $6,018 $486,975 $274,853 $212,122
2015 $5,932 $479,661 $270,725 $208,936
2014 $5,962 $470,266 $265,422 $204,844
Source: Public Records

Agents Affiliated with this Home

  • Adam Rosenfeld

    Seller's Agent in 2024

    Adam Rosenfeld

    Resident Group

    (310) 595-5915

    1 in this area

    81 Total Sales

    Adam Rosenfeld
    Section Image
  • Wolf Amer

    Seller Co-Listing Agent in 2024

    Wolf Amer

    The Agency

    (310) 383-3282

    1 in this area

    37 Total Sales

    Wolf Amer
    Section Image
  • Jennifer Niman

    Buyer's Agent in 2024

    Jennifer Niman

    Berkshire Hathaway HomeServices California Properties

    (818) 448-2240

    1 in this area

    40 Total Sales

    Jennifer Niman
    Section Image
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Map

Source: The MLS

MLS Number: 25525992

The MLS

APN: 5087-026-020

California Los Angeles County Los Angeles 90035 Carthay

1172 Hi Point St, Los Angeles, CA

This home is located at 1172 Hi Point St, Los Angeles, CA 90035 since 26 April 2024 and is currently estimated at $1,889,721, approximately $537 per square foot. This property was built in 1929. 1172 Hi Point St is a home located in Los Angeles County with nearby schools including Carthay Center Elementary School, Fairfax High School, and Ralph Waldo Emerson Community Charter Middle School.

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