$1,552,000 - $1,854,000
RENTED JAN 15, 2025

1175 1/2 Masselin Ave Los Angeles, CA 90019

Miracle Mile Neighborhood
2 Beds
1 Bath
1,000 Sq Ft
6,107 Sq Ft Lot

Highlights

  • Wood Flooring
  • Formal Dining Room
  • Crown Molding
  • Cottage
  • Balcony
  • Tile Countertops

About This Home

As of January 2025

Available now, this recently updated, spacious two-bedroom upstairs unit offers a perfect blend of character and modern comforts. With approximately 1,000 square feet of open and bright living space, this home features abundant natural light, a private balcony, and spacious utility closets in both bedrooms. The interior boasts refinished hardwood flooring, crown molding, and newly installed custom kitchen cabinet doors, along with an updated bathroom. Recent upgrades also include a new range, microwave, garbage disposal, bathroom vanity, tankless water heater, window screens, and light fixtures. This unit has an optional storage space you can rent for $200 a month on the ground floor, measuring approximately 8 ft x 10 ft. Located in the desirable Wilshire Vista neighborhood, you'll be just under a mile from LACMA and a mile from The Grove, with Beverly Hills, West Hollywood, and Hollywood all within three miles. Both UCLA and USC are less than five miles away, while LA Live and Dodger Stadium are within a six-mile radius. The 10 freeway is conveniently close, providing easy access to the rest of Southern California. Street parking is available, with street sweeping scheduled from 12-3pm on Mondays and Tuesdays, alternating sides. Please contact the Listing Agents for appointments, leasing requirements, and application details. Don't miss out on this exclusive leasing opportunity, schedule your visit today!

Last Agent to Rent the Property

Julia Chen

Compass License #01993611 Listed on: 01/07/2025

Compass

Co-Listed By

Mark Ehlers

Imperial Real Estate License #01955008

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,567

Year Built

  • Built in 1940

Lot Details

  • 6,107

Home Design

  • Cottage

Interior Spaces

  • 1,000 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Formal Dining Room
  • Laundry Located Outside

Kitchen

  • Gas Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Balcony

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $3,300
  • $6,600 Move-In Fee
  • Tenant pays for gas, move out fee, electricity, cable TV, insurance, ada upgrades
  • Rent includes water
  • 12 Month Lease Term
  • Assessor Parcel Number 5085-020-024

Community Details

Overview

  • 3 Units

Pet Policy

  • Call for details about the types of pets allowed

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
  • Land Lease Amount Per Year: 3300.00
  • Land Lease Expiration Year: 2024
  • Land Lease Type: Fee
  • Not Included In Rent: electric and gas
  • Rent Excludes: Electric and Gas
  • Rent Includes: Water
  • Security Deposit: 3300
  • Tenant Pays: Gas, Move Out Fee, Electricity, Cable TV, Insurance, ADA Upgrades
  • Total Move In Costs: 6600.00

Listing Details

  • Property Type: Residential Lease
  • Style: Cottage
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Top Level
  • Lease Terms: 1-Year
  • Living Area: 1000
  • Lot Acreage: 0.1402
  • Monthto Month: No
  • Probate: No
  • Stories: 2
  • Water Filled Furn Ins Required: No
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Crown Moldings
  • Flooring: Tile, Wood
  • Appliances: Microwave, Oven-Gas, Gas, Range
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Formal Dining Rm
  • Kitchen Features: Tile Counters
  • Laundry: Outside
  • Total Bathrooms: 1.00
  • Equipment: Garbage Disposal, Microwave, Range/Oven, Refrigerator, Freezer, Ceiling Fan, Dishwasher
  • Price Per S Q F T: 3.30
  • Windows: Screens

Exterior Features

  • Other Features: Balcony
  • Patio: Balcony
  • Pool: No
  • View: No

Utilities

  • Water Heater: Tankless
  • Cooling: Window Unit(s), Ceiling Fan
  • 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

Closed on
Sep 23, 2020
Sold by
Jowers Robert Norman and The Robert Norman Jowers Jr Tr
Bought by
Rachlin Linnea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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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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
01/15/2025 01/15/25 Rented $3,300 0.0% --
01/07/2025 01/07/25 For Rent $3,300 0.0% --
10/02/2024 10/02/24 Rented $3,300 +37.8% --
10/01/2024 10/01/24 Rented $2,395 -27.4% --
09/18/2024 09/18/24 For Rent $3,300 +37.8% --
09/10/2024 09/10/24 For Rent $2,395 -- --
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 2025

    Julia Chen

    Compass

    (310) 435-5484

    2 Total Sales

    Julia Chen
    Section Image
  • Mark Ehlers

    Landlord's Co-Listing Agent in 2025

    Mark Ehlers

    Imperial Real Estate

    (310) 667-1469

    25 Total Sales

    Mark Ehlers
    Section Image

  • S

    Tenant's Agent in 2025

    Subscriber Non

    Non-Participant Office

  • M

    Seller's Agent in 2024

    Mario Catani

    ENAR, Inc.

    (424) 292-2311

    Mario Catani
    Section Image
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Map

Source: The MLS

MLS Number: 25-477801

The MLS

APN: 5085-020-024

California Los Angeles County Los Angeles 90019 Miracle Mile

1175 1/2 Masselin Ave, Los Angeles, CA

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