Seller's Agent in 2022
George Valencia
Century 21 A Better Service
(562) 250-7151
1 in this area
105 Total Sales
1200 W 38th St Los Angeles, CA 90037
Exposition Park NeighborhoodEstimated Value: $918,000 - $1,062,000
3
Beds
2
Baths
1,584
Sq Ft
$621/Sq Ft
Est. Value
Highlights
- City Lights View
- Wood Flooring
- No HOA
- Traditional Architecture
- Bonus Room
- Covered Patio or Porch
About This Home
As of September 2022Welcome to 1200 W 38TH ST, located in the THRIVING City of Los Angeles, Ca. Perched on LARD 1.5 zoning. This rare opportunity permits to build and develop 3-units by right and 5 total units if you maximize the TOC Tier 3 density bonus. Located in one of the most desirable streets in one o the most sought after neighborhoods in all of Los Angeles, only a few minutes walking distance from USC, Exposition Park, Banc of California Stadium, LA Memorial Coliseum, Natural History Museum of Los Angeles, California African American Museum and Space Shuttle Endeavor. This is truly an SPECTACULAR OPPORTUNITY of a Lifetime, don't miss out!
Last Agent to Sell the Property
Century 21 A Better Service License #02083024 Listed on: 06/13/2022
Last Buyer's Agent
Century 21 A Better Service License #02083024 Listed on: 06/13/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,292
Year Built
- Built in 1905
Lot Details
- 5,227 Sq Ft Lot
- South Facing Home
- Block Wall Fence
- Value in Land
- Property is zoned LARD1.5
Property Views
- City Lights
- Neighborhood
Home Design
- Traditional Architecture
- Raised Foundation
- Fire Rated Drywall
- Shingle Roof
- Stucco
Interior Spaces
- 1,584 Sq Ft Home
- 1-Story Property
- Awning
- Family Room
- Formal Dining Room
- Bonus Room
- Wood Flooring
Kitchen
- Galley Kitchen
- Breakfast Area or Nook
- Gas Oven
- Gas Range
- Pots and Pans Drawers
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Parking
- 5 Open Parking Spaces
- 5 Parking Spaces
- Parking Available
- Driveway
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 18 / C
- Assessor Parcel Number 5037012010
- $11,048 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
Recreation
- Park
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 3, 2024
Sold by
Bitong Albert B and Bitong Milagros A
Bought by
Shady Grove Pi Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,590,268
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
-$606,001
Purchase Details
Listed on
Jun 13, 2022
Closed on
Aug 16, 2022
Sold by
Theresa Mosley Kim
Bought by
Bitong Albert B and Bitong Milagros A
Seller's Agent
George Valencia
Century 21 A Better Service
Buyer's Agent
George Valencia
Century 21 A Better Service
List Price
$1,289,999
Sold Price
$900,000
Premium/Discount to List
-$389,999
-30.23%
Views
2
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.16%
Purchase Details
Closed on
Feb 6, 2007
Sold by
Mosley David and Mosley Kim
Bought by
Mosley David Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
8.49%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shady Grove Pi Investments Llc | -- | Stewart Title Of California In | |
| Shady Grove Pi Investments Llc | -- | Stewart Title Of California In | |
| Bitong Albert B | $900,000 | Wfg National Title Co | |
| Mosley David Lee | -- | California Counties Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shady Grove Pi Investments Llc | $1,600,000 | |
| Closed | Shady Grove Pi Investments Llc | $1,600,000 | |
| Previous Owner | Mosley David Lee | $320,000 | |
| Previous Owner | Mosley David | $192,115 | |
| Previous Owner | Mosley David | $135,981 | |
| Previous Owner | Mosley David | $127,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/29/2022 09/29/22 | Sold | $900,000 | -18.2% | $568 / Sq Ft |
| 07/23/2022 07/23/22 | Pending | -- | -- | -- |
| 07/15/2022 07/15/22 | Price Changed | $1,100,000 | -14.7% | $694 / Sq Ft |
| 06/13/2022 06/13/22 | For Sale | $1,289,999 | -- | $814 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,292 | $790,000 | $790,000 | -- |
| 2024 | $11,292 | $918,000 | $734,400 | $183,600 |
| 2023 | $11,077 | $900,000 | $720,000 | $180,000 |
| 2022 | $1,881 | $144,261 | $86,562 | $57,699 |
| 2021 | $12,628 | $141,433 | $84,865 | $56,568 |
| 2019 | $12,575 | $137,240 | $82,349 | $54,891 |
| 2018 | $12,516 | $134,550 | $80,735 | $53,815 |
| 2016 | $7,492 | $129,326 | $77,600 | $51,726 |
| 2015 | $1,620 | $127,385 | $76,435 | $50,950 |
| 2014 | $1,635 | $124,890 | $74,938 | $49,952 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW22125058
APN: 5037-012-010
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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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