NOT LISTED FOR SALE

Estimated Value: $701,000 - $998,436

4 Beds
3 Baths
2,037 Sq Ft
$418/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $623,260 $306 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,332/month

118 Days on Market

Highlights

  • Traditional Architecture
  • Private Yard
  • Shutters
  • Wood Flooring
  • Two Homes on a Lot
  • Living Room

About This Home

As of March 2023

''Turn of the Century'' income properties in ''The Historic South Central Avenue'' corridor, southeast of Downtown Los Angeles. 1211 East Adams Blvd. is conveniently located in the heart of this lovely community, approximately 1/2-mile south of the 10-Freeway and 2-miles northeast of main campus of USC and the iconic Los Angeles Memorial Coliseum. This is an amazing opportunity to live in one, lease out the other or for a detached extended family suite. The main unit is 3-bedrooms and 2-baths and the rear unit is 1-bedroom and 1-bath. Adjacent to the rear unit is an attached two-car garage which could be perfect for more creative space or a potential future ADU. Outside, you'll find several quaint grassy areas, front porch and a slab patio. The property is fenced with decorative wrought iron fences and gates, in the front and chain link fencing on the sides and rear. This property still maintains much of the charm and character of the late 1890's. This the property has been passionately and painstakingly cared for by the same family for more than 90-years.

Last Agent to Sell the Property

Jewell Crosby

Engel & Völkers San Marino License #01210829 Listed on: 11/09/2022

Engel & Völkers San Marino

Last Buyer's Agent

Benjamin Shamouelian

Exclusive Realty Inc License #01703755

Exclusive Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,009

Year Built

  • Built in 1912

Lot Details

  • 6,357 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • South Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Chain Link Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot
  • No Sprinklers
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Parking Lot
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Raised Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,037 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Blinds
  • Window Screens
  • Formal Entry
  • Living Room
  • Free-Standing Range

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Window Bars
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Floor Furnace
  • Standard Electricity

Additional Features

  • Accessible Parking
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 105
  • Tax Tract Number 227
  • Assessor Parcel Number 5119022004

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Greenbelt

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,009

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: Property is tenant occupied but will be vacant at COE. BE SURE that you and your clients have read and understand all of the documents and reports in the MLS attachments. Attachments include Pest Control Report, SPQ with Addendum. INCLUDE WITH YOUR OFFER, the signed Receipt for Reports which is also in the attachments. Property will be sold AS-IS NO credits or repairs will be given. EMAIL OFFERS to jewell.crosby@dilbeck.com. One of the Sellers is a licensed agent and is representing himself and the trust. Shutters, Blinds, Curtains, Curtain Rods, Range and Refrigerators are included in the sale.
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved, Maintained
  • Security: Carbon Monoxide Detector(s), Window Bars, Smoke Detector(s)
  • Subdivision Name Other: Grider & Dows Sub
  • View: No
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5119022004
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood, Tile, Laminate
  • Accessibility Features: Parking
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 365.24
  • Room Type: Formal Entry, All Bedrooms Down, Kitchen, Living Room
  • Window Features: Screens, Shutters, Blinds

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Block, Wrought Iron, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Concrete, Off Street, Parking Space, Garage - Single Door
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected, Natural Gas Connected
  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Free-Standing Range
  • Electric: Standard
  • Heating Type: Floor Furnace
  • Laundry Features: Inside, Dryer Included, Washer Included, Washer Hookup, Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Gutters

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Greenbelt, Sprinklers None, Level with Street, Yard, Rectangular Lot, Landscaped, Lawn, Front Yard
  • Lot Size Sq Ft: 6357.00
  • Lot Size Acres: 0.1459

Multi Family

  • Lot Size Area: 6357.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 105
  • Tax Tract Number: 227...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Feb 27, 2023
Sold by
Pirian Soraya
Bought by
Pirian Jacob
Seller's Agent
Jewell Crosby
Engel & Völkers San Marino
Buyer's Agent
Benjamin Shamouelian
Exclusive Realty Inc
List Price
$744,000
Sold Price
$623,260
Premium/Discount to List
-$120,740
-16.23%
Views
4
Current Estimated Value
$852,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,849
Avg. Annual Appreciation
13.80%
Original Mortgage
$467,445
Outstanding Balance
$452,823
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$399,286

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 25, 2023
Sold by
Crosby Retained Income Trust
Bought by
Pirian Eldad
Seller's Agent
Jewell Crosby
Engel & Völkers San Marino
Buyer's Agent
Benjamin Shamouelian
Exclusive Realty Inc
List Price
$744,000
Sold Price
$623,260
Premium/Discount to List
-$120,740
-16.23%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,445
Outstanding Balance
$452,823
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$399,286

Purchase Details

Closed on
Feb 23, 2016
Sold by
Crosby Crystal M
Bought by
Crosby Retained Income Trust
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
Pirian Jacob -- Orange Coast Title
Pirian Eldad $623,500 Orange Coast Title
Crosby Retained Income Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pirian Eldad $467,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $623,260 -16.2% $306 / Sq Ft
11/09/2022 11/09/22 For Sale $744,000 -- $365 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $8,009 $648,689 $544,649 $104,040
2024 $8,009 $635,970 $533,970 $102,000
2023 $616 $25,613 $14,575 $11,038
2022 $597 $25,112 $14,290 $10,822
2021 $577 $24,620 $14,010 $10,610
2020 $575 $24,369 $13,867 $10,502
2019 $565 $23,893 $13,596 $10,297
2018 $423 $23,426 $13,330 $10,096
2016 $377 $22,518 $12,813 $9,705
2015 $373 $22,181 $12,621 $9,560
2014 $388 $21,747 $12,374 $9,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-11941

Pasadena-Foothills Association of REALTORS®

APN: 5119-022-004