NOT LISTED FOR SALE

Estimated Value: $1,363,744 - $1,954,000

8 Beds
4 Baths
6,516 Sq Ft
$247/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2024

Last sale price $1,400,000 $215 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $10,329 / mo

155 Days on Market

Highlights

  • Victorian Architecture
  • Lawn
  • Fireplace
  • Bonus Room
  • No HOA
  • Front Porch

About This Home

As of March 2024

Unlock the potential of prime real estate in "The Avenues" of Historic West Adams with this exceptional Quadraplex. Seize the moment to own a piece of history and an even brighter future. Spanning generously, each of the four expansive units encompasses between 1450 and 1850 sq. ft. of versatile living space. With 2 well-appointed bedrooms and 1 bath each, these units present a harmonious blend of comfort and potential. Spacious kitchens invite culinary creativity, while the airy living rooms evoke a sense of open serenity. Discover the convenience of detached storage units for each unit, complemented by ample street parking for residents and guests alike. Offering modern convenience within the historic charm, every unit features dedicated washer and dryer hookups. The property's strategic locale abuts the recently revitalized Benny H. Potter, West Adams Avenues Memorial Park, adding a refreshing green expanse to your surroundings. Positioned centrally, revel in the proximity to a myriad of parks, shops, dining establishments, and cultural attractions. Beyond your immediate vicinity, connectivity is key. Downtown LA, USC, Culver City, and Hollywood are all within a short commute, maximizing your access to urban opportunities while nestled in a historic haven. This extraordinary property is poised to be a lasting investment and a testament to visionary ownership. Opportunities like this are fleeting - seize the chance before it slips away. Elevate your real estate portfolio!

Last Agent to Sell the Property

Eric White

RE/MAX of Santa Clarita Brokerage Phone: 661-313-6971 License #01868432 Listed on: 08/24/2023

RE/MAX of Santa Clarita

Last Buyer's Agent

Gus Islas

Century 21 Allstars License #00956639

Century 21 Allstars

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 8,616 Sq Ft Lot
  • 1 Common Wall
  • Landscaped
  • Lawn
  • Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Victorian Architecture
  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 6,516 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Window Screens
  • Living Room Balcony
  • Dining Room
  • Bonus Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms | 4 Main Level Bedrooms
  • 4 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Parking

  • Parking Available
  • Covered Parking
  • Driveway

Outdoor Features

  • Patio
  • Shed
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 56
  • Tax Tract Number 212
  • Assessor Parcel Number 5081015006
  • $500 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

8,616 Sq Ft Lot

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Victorian
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 5081015006
  • Year Built: 1916
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 6516.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Living Room Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Eating Area: Area, Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 214.86
  • Room Type: Bonus Room, Kitchen, Primary Bathroom, Primary Bedroom
  • Window Features: Blinds, Screens
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Formica Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard, Landscaped, Lawn
  • Lot Size Sq Ft: 8616.00
  • Lot Size Acres: 0.1978

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8616.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 2129.00
  • Tax Lot: 56
  • Tax Tract Number: 212...
  • TaxOtherAnnualAssessmentAmount: 500.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Jan 31, 2024
Sold by
Daniel Wilkins Lee Revocable Trust
Bought by
Seller's Agent
Eric White
RE/MAX of Santa Clarita
Buyer's Agent
Gus Islas
Century 21 Allstars
List Price
$1,750,000
Sold Price
$1,400,000
Premium/Discount to List
-$350,000
-20%
Views
48
Current Estimated Value
$1,609,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,186
Avg. Annual Appreciation
5.90%
Original Mortgage
$1,368,325
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2015
Sold by
Lee Daniel and Lee Daniel Wilkins
Bought by
Lee Daniel Wilkins and Lee Daniel Wilkins

Purchase Details

Closed on
Feb 9, 2004
Sold by
Lee Duk Hi
Bought by
Lee Daniel
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 Wfg National Title
Lee Daniel Wilkins -- None Available
Lee Daniel -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,612,500
Previous Owner B1-2-B1 Investments Inc $1,368,325
Previous Owner Lee Daniel $200,000
Previous Owner Lee Daniel $190,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $1,400,000 -20.0% $215 / Sq Ft
01/26/2024 01/26/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $1,750,000 +25.0% $269 / Sq Ft
12/23/2023 12/23/23 Off Market $1,400,000 -- --
12/16/2023 12/16/23 For Sale $1,750,000 +25.0% $269 / Sq Ft
11/27/2023 11/27/23 Off Market $1,400,000 -- --
11/27/2023 11/27/23 Pending -- -- --
10/03/2023 10/03/23 Price Changed $1,750,000 +48.9% $269 / Sq Ft
10/03/2023 10/03/23 Price Changed $1,175,000 -38.2% $180 / Sq Ft
08/24/2023 08/24/23 For Sale $1,899,999 -- $292 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $17,920 $1,456,560 $1,144,440 $312,120
2025 $17,920 $1,428,000 $1,122,000 $306,000
2024 $8,574 $649,309 $541,108 $108,201
2023 $8,423 $636,579 $530,499 $106,080
2022 $8,158 $624,098 $520,098 $104,000
2021 $7,921 $611,861 $509,900 $101,961
2019 $7,696 $593,715 $494,777 $98,938
2018 $7,528 $582,075 $485,076 $96,999
2016 $7,137 $559,475 $466,241 $93,234
2015 $7,038 $551,072 $459,238 $91,834
2014 $7,085 $540,279 $450,243 $90,036
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR23158624

California Regional Multiple Listing Service (CRMLS)

APN: 5081-015-006

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