NOT LISTED FOR SALE

1173 Masselin Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,552,000 - $1,854,000

2 Beds
1 Bath
950 Sq Ft
6,107 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $1,500,000 $1,579 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,722/month

Highlights

  • Wood Flooring
  • Walk-In Closet
  • Central Heating
  • Tandem Parking
  • Living Room
  • Family Room

About This Home

As of April 2024

If you're looking for a special place to call home, this is your opportunity to jump. Available May 1st, this beautifully maintained and spacious two-bedroom front unit is full of character and offers exclusive living inside and out. Inside, you can let yourself spread out over approximately 950 square feet of open and airy space filled with abundant light, spacious utility closets inside both bedrooms, hardwood flooring, crown molding throughout, and lovely tiling in the kitchen and bathrooms. When you need a bit of fresh air, you can step outside onto the front patio or into the serene garden landscape equipped with a deck, table, and chairs to enjoy your surroundings. Exploring outside the Wilshire Vista neighborhood, this home is less than a mile to LACMA and just one mile to the Grove; less than three miles to Beverly Hills, West Hollywood, and Hollywood; less than 5 miles to both UCLA and USC; less than 6 miles to LA Live and Dodger Stadium; and only a hop-skip away from the rest of Southern California via the nearby 10 freeway. Street parking is available (street sweeper scheduled for 12-3pm on Mondays on one side of the street, and 12-3pm on Tuesdays on the other side of the street). All showings to be by appointment on weekends only. Contact Listing Agents for appointments, leasing requirements, and application.

Last Agent to Rent the Property

Julia Chen

Compass License #01993611 Listed on: 01/31/2024

Compass

Co-Listed By

Mark Ehlers

Imperial Real Estate License #01955008

Last Renter's Agent

Kimberly Bini

Christie's International Real Estate SoCal License #01924548

Christie's International Real Estate SoCal

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,567

Year Built

  • Built in 1940

Lot Details

  • 6,107

Home Design

  • Garden Home

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Area
  • Dishwasher
  • Laundry Located Outside

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Parking Space
  • Tandem Parking
  • Shared Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Security Deposit $3,399
  • Tenant pays for ada upgrades, insurance, electricity, gas, trash collection
  • 12 Month Lease Term
  • Assessor Parcel Number 5085-020-024

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • 3 Units
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$19,567

Year Built

Built in 1940

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Lease Option: 1
  • Security Deposit: 3399
  • Tenant Pays: ADA Upgrades, Insurance, Electricity, Gas, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Garden Home
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1-Year
  • Living Area: 950
  • Lot Acreage: 0.1402
  • Monthto Month: No
  • Probate: No
  • Stories: 2
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Ceramic Tile
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Community, Outside
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 3.58

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Shared Driveway, Tandem
  • Total Parking: 1

Utilities

  • Cooling: Wall/Window
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5085-020-024
  • Lot Size Area: 6109

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2023
Sold by
Rachlin Linnea
Bought by
Live & Let Die Trust and Rachlin
Current Estimated Value
$1,728,197

Purchase Details

Listed on
Sep 10, 2020
Closed on
Sep 23, 2020
Sold by
Jowers Robert Norman and The Robert Norman Jowers Jr Tr
Bought by
Rachlin Linnea
Seller's Agent
John Barrentine
Keller Williams Larchmont
Buyer's Agent
John Barrentine
Keller Williams Larchmont
List Price
$1,599,000
Sold Price
$1,500,000
Premium/Discount to List
-$99,000
-6.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$1,200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2005
Sold by
Jowers Robert Norman
Bought by
Jowers Robert Norman and The Robert Norman Jowers Jr Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2005
Sold by
Jowers Robert Norman and The Robert Norman Jowers Jr Tr
Bought by
Jowers Robert Norman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2001
Sold by
Jowers Robert N
Bought by
Jowers Robert Norman and The Robert Norman Jowers Jr Trust

Purchase Details

Closed on
Jun 21, 2001
Sold by
Wallace Gary and Svetly Rose
Bought by
Jowers Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.37%

Purchase Details

Closed on
Jun 11, 2001
Sold by
Wallace Sandra A
Bought by
Wallace Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.37%
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
Live & Let Die Trust -- None Listed On Document
Rachlin Linnea $1,500,000 Lawyers Title Company
Jowers Robert Norman -- --
Jowers Robert Norman -- Equity Title Company
Jowers Robert Norman -- --
Jowers Robert N $520,000 Equity Title Company
Wallace Gary -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rachlin Linnea $1,200,000
Previous Owner Jowers Robert Norman $540,000
Previous Owner Jowers Robert N $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Rented $3,400 0.0% --
03/25/2024 03/25/24 Price Changed $3,400 -2.9% $4 / Sq Ft
01/31/2024 01/31/24 For Rent $3,500 0.0% --
10/29/2020 10/29/20 Sold $1,500,000 -6.2% $528 / Sq Ft View Prior Sale
09/21/2020 09/21/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $1,599,000 -- $563 / 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 $19,567 $1,623,646 $1,298,917 $324,729
2024 $19,567 $1,591,811 $1,273,449 $318,362
2023 $19,192 $1,560,600 $1,248,480 $312,120
2022 $18,304 $1,530,000 $1,224,000 $306,000
2021 $18,076 $1,500,000 $1,200,000 $300,000
2019 $8,449 $688,629 $423,772 $264,857
2018 $8,343 $675,127 $415,463 $259,664
2016 $7,960 $648,913 $399,331 $249,582
2015 $7,845 $639,167 $393,333 $245,834
2014 $7,886 $626,648 $385,629 $241,019
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2024

    Julia Chen

    Compass

    (310) 435-5484

    2 Total Sales

    Julia Chen
    Section Image
  • Mark Ehlers

    Landlord's Co-Listing Agent in 2024

    Mark Ehlers

    Imperial Real Estate

    (310) 667-1469

    25 Total Sales

    Mark Ehlers
    Section Image
  • Kimberly Bini

    Tenant's Agent in 2024

    Kimberly Bini

    Christie's International Real Estate SoCal

    (310) 927-2736

    5 Total Sales

    Kimberly Bini
    Section Image
  • John Barrentine

    Seller's Agent in 2020

    John Barrentine

    Keller Williams Larchmont

    (310) 940-9574

    10 in this area

    117 Total Sales

    John Barrentine
    Section Image
  • Julie Milne

    Buyer Co-Listing Agent in 2020

    Julie Milne

    Luxre Realty, Inc.

    (949) 547-0580

    1 in this area

    26 Total Sales

    Julie Milne
    Section Image
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Map

Source: The MLS

MLS Number: 24-353801

The MLS

APN: 5085-020-024

California Los Angeles County Los Angeles 90019 Miracle Mile

1173 Masselin Ave, Los Angeles, CA

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