NOT LISTED FOR SALE

1216 S Hudson Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,397,000 - $1,764,293

4 Beds
2 Baths
2,424 Sq Ft
$657/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $1,425,000 $588 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,955/month

7 Days on Market

Highlights

  • In Ground Pool
  • Spanish Architecture
  • 3 Car Garage
  • Wood Flooring
  • Fenced Yard
  • Walk-In Closet

About This Home

As of August 2021

Fabulous opportunity to own this spacious duplex on a 7,4000 sq ft lot in Hancock Park-Wilshire area. Side by side Spanish style duplex. Both units 2 bedrooms, 1 bath with walk-in closets in two of the bedrooms. Large living room with fireplace and separate dining area. Remodeled kitchen with stainless steel appliances. Long driveway can accommodate several vehicles. Large man-cave/den in backyard, possible ADU conversion. Spacious attic for tons of storage. Conveniently located to Midtown Plaza for great shopping, entertainment and dining.

Last Agent to Sell the Property

Nancy Rivelli

Forward Real Estate License #01743206 Listed on: 06/07/2021

Last Buyer's Agent

Nancy Rivelli

Forward Real Estate License #01743206 Listed on: 06/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,205

Year Built

  • Built in 1923

Lot Details

  • 7,403 Sq Ft Lot
  • Fenced Yard
  • Front Yard Sprinklers

Parking

  • 3 Car Garage
  • 2 Open Parking Spaces
  • Auto Driveway Gate
  • Driveway

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Asbestos Shingle Roof
  • Stucco

Interior Spaces

  • 2,424 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Dining Area
  • Pull Down Stairs to Attic

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • Assessor Parcel Number 5083-016-017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,205

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 2424
  • Lot Acreage: 0.1700
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Recessed Lighting, Pull Down Stairs to Attic
  • Number Carpet: 0
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Drapes: 0
  • Number Range: 2
  • Number Refrigerator: 2
  • Flooring: Laminate, Tile, Hardwood
  • Appliances: Gas, Cooktop - Gas, Oven-Gas
  • Bedrooms: 4
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • Bathroom Features: Tile
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Refrigerator, Garbage Disposal, Gas Dryer Hookup
  • Price Per S Q F T: 536.30

Exterior Features

  • Construction: Frame, Stucco
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Number Patio: 0
  • Pool Description: Fenced
  • Pool: Yes
  • Roof: Asbestos Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 2
  • Garage Structures: 2
  • Number Rented Garages: 0
  • Parking Garage: Driveway Gate, Garage - 2 Car, Garage Is Detached, Driveway - Concrete
  • Total Parking: 2

Utilities

  • Water District: DWP
  • Water Heater: Gas
  • Cooling: Wall/Window
  • Heating: Wall, Floor Furnace
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Sewer: In Connected and Paid
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front
  • Assessor Parcel Number: 5083-016-017
  • Lot Description: Fenced Yard
  • Lot Size Area: 7403

Rental Info

  • Number Leased: 0
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Number Wall A C: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 100

Tax Info

  • Private Transfer Taxes: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2021
Closed on
Jul 28, 2021
Sold by
Gallegos Living Trust and The Gallegos Living Trust
Bought by
Bavafa Pouya and Bavafa Payam
Seller's Agent
Nancy Rivelli
Forward Real Estate
Buyer's Agent
Nancy Rivelli
Forward Real Estate
List Price
$1,299,999
Sold Price
$1,425,000
Premium/Discount to List
$125,001
9.62%
Current Estimated Value
$1,591,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,573
Avg. Annual Appreciation
2.69%
Original Mortgage
$1,211,107
Outstanding Balance
$1,102,913
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$488,660
Source: Public Records

Range of Values:

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Average Value
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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
Bavafa Pouya $1,425,000 Priority Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bavafa Pouya $1,211,107
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $1,425,000 +9.6% $588 / Sq Ft
06/14/2021 06/14/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $1,299,999 -- $536 / 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 $18,205 $1,512,221 $1,246,919 $265,302
2024 $18,205 $1,482,570 $1,222,470 $260,100
2023 $17,855 $1,453,500 $1,198,500 $255,000
2022 $17,029 $1,425,000 $1,175,000 $250,000
2021 $1,226 $70,380 $37,343 $33,037
2020 $1,232 $69,660 $36,961 $32,699
2019 $1,198 $68,295 $36,237 $32,058
2018 $1,096 $66,957 $35,527 $31,430
2016 $1,027 $64,359 $34,149 $30,210
2015 $1,015 $63,394 $33,637 $29,757
2014 $1,036 $62,154 $32,979 $29,175
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nancy Rivelli

    Forward Real Estate

    (310) 910-4624

    1 in this area

    14 Total Sales

    Nancy Rivelli
    Section Image
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Map

Source: The MLS

MLS Number: 21-745794

The MLS

APN: 5083-016-017

California Los Angeles County Los Angeles 90019 Miracle Mile

1216 S Hudson Ave, Los Angeles, CA

This home is located at 1216 S Hudson Ave, Los Angeles, CA 90019 since 07 June 2021 and is currently estimated at $1,591,573, approximately $656 per square foot. This property was built in 1923. 1216 S Hudson Ave is a home located in Los Angeles County with nearby schools including Wilshire Crest Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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