NOT LISTED FOR SALE

1216 S Crescent Heights Blvd Los Angeles, CA 90035

Carthay Neighborhood

Estimated Value: $1,852,000 - $1,992,000

4 Beds
2 Baths
3,012 Sq Ft
$639/Sq Ft Est. Value

Last Sold August 29, 2014

Last sale price $1,089,500 $362 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,933/month

50 Days on Market

About This Home

As of August 2014

Charming Spanish Duplex in Historic South Carthay - 2 beds/1 bath each unit - living rooms enjoy hardwood floors and fireplaces - formal dining rooms - separate breakfast rooms - spacious bedrooms - original tiled kitchens and baths - both units are tenant occupied - located in HPOZ - could be a candidate for Mills Act - wonderful owner/occupier - see private remarks for showings.

Last Agent to Sell the Property

Stacey Babbitt

Coldwell Banker Realty License #01035847 Listed on: 06/16/2014

Coldwell Banker Realty

Last Buyer's Agent

Adam Sires

Nourmand & Associates-BH License #01399199

Nourmand & Associates-BH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,061

Year Built

  • Built in 1933

Lot Details

  • 5,446 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5087-016-026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,061

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3012
  • Stories: 2
  • Year Built: 1933
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 364.87

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 76185
  • Assessed Land Value: 403832
  • Assessor Parcel Number: 5087-016-026
  • Geocode Override: No
  • Lot Size Area: 5446

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100%
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Grabarsky Todd
Bought by
Grabarsky Todd Jason and Gershenhorn Laura Michelle
Current Estimated Value
$1,925,935

Purchase Details

Listed on
Jun 16, 2014
Closed on
Aug 7, 2014
Sold by
Saks Wayne Joseph
Bought by
Grabarsky Todd
Seller's Agent
Stacey Babbitt
Coldwell Banker Realty
Buyer's Agent
Adam Sires
Nourmand & Associates-BH
List Price
$1,099,000
Sold Price
$1,089,500
Premium/Discount to List
-$9,500
-0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$871,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 9, 2014
Sold by
Fisher David R
Bought by
Sullivan Matthew O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$871,600
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2001
Sold by
Saks Wayne J
Bought by
Saks Wayne Joseph and Wayne Joseph Saks Trust Of 2001
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
Grabarsky Todd Jason -- None Available
Grabarsky Todd $1,089,500 Equity Title
Sullivan Matthew O -- Provident Title Company
Saks Wayne Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gershenhorn Laura Michelle $766,000
Closed Grabarsky Todd $844,500
Closed Grabarsky Todd $871,600
Previous Owner Fisher David R $250,000
Previous Owner Fisher David R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2014 08/29/14 Sold $1,089,500 -0.9% $362 / Sq Ft
08/05/2014 08/05/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $1,099,000 -- $365 / 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 $8,061 $636,000 $467,000 $169,000
2024 $8,061 $636,000 $467,000 $169,000
2023 $8,063 $636,000 $467,000 $169,000
2022 $7,845 $636,000 $467,000 $169,000
2021 $7,799 $636,000 $467,000 $169,000
2019 $6,016 $400,860 $294,780 $106,080
2018 $5,023 $400,860 $294,780 $106,080
2016 $13,367 $1,106,114 $812,200 $293,914
2015 $13,254 $1,089,500 $800,000 $289,500
2014 $6,162 $482,195 $405,665 $76,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-769855

The MLS

APN: 5087-016-026