$1,865,000
SOLD JAN 28, 2022
6 Beds
4 Baths
3,818 Sq Ft
6,520 Sq Ft Lot

Recently Sold

$488 Per Sq Ft

9% Below List Price

189 Days on Market

Highlights

  • Views of Trees
  • Spanish Architecture
  • Built-In Features
  • Carthay Center Elementary School Rated 9+
  • 4 Car Garage
  • Central Heating and Cooling System

About This Home

As of January 2022

Downstairs unit now vacant! A Spanish style duplex in a residential neighborhood conveniently located near the mid-city/Pico-Robertson area, these homes embody the integrity of their era without sacrificing ease of modern living. Original details include: hard wood floors, thick adobe walls, coved ceilings, crystal fixtures and doorknobs, oversized windows that overlook flowering Bougainvillea and flood the interior spaces with light. Each unit is roughly 1900 square feet and offers 3 big bedrooms/2 bathrooms. The bathrooms are a designers dream: original, colorful tile work reminiscent of old Hollywood. These units offer the best of both worlds: charm and character of yesteryear with todays most useful feature: a fully remodeled kitchen. New cabinetry for extra storage and stainless, high-end appliances will make any at-home chef happy. Downstairs unit has central heat and air, upper unit has wall heater and window a/c units. There is also a separate laundry room, balconies and courtyard. With plenty of surrounding space and situated in a pleasing location mere steps from shops and restaurants of Pico, these homes are city living at its finest.

Last Agent to Sell the Property

Benjamin Lee

The Agency License #01808926 Listed on: 06/08/2021

The Agency

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,777

Year Built

  • Built in 1930

Lot Details

  • 6,520 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 3,818 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Views of Trees

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5087-027-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,777

Year Built

Built in 1930

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3818
  • Lot Acreage: 0.1497
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 45
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Cable, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 507.86

Exterior Features

  • Other Structures: None
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage Is Detached, Private
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s), Central
  • Electric Expense: 1582.00
  • Heating: Central, Wall

Fee Information

  • Insurance Expense: 2416.00

Lot Info

  • Assessed Improvement Percent: 42.78
  • Assessed Improvement Value: 664327
  • Assessed Land Percent: 57.22
  • Assessed Land Value: 888399
  • Total Assessed Value: 1552726
  • Assessor Parcel Number: 5087-027-019
  • Lot Size Area: 6520

Rental Info

  • Total Actual Rent: 85500.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.47
  • Number Of Units: 2
  • Total Annual Expense: 23557
  • Type Of Units: 2 flats
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 18719.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jan 6, 2022
Sold by
Rosenblum Family Revocable Trust
Bought by
Seas Dm Llc
Seller's Agent
Benjamin Lee
The Agency
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,049,000
Sold Price
$1,865,000
Premium/Discount to List
-$184,000
-8.98%
Current Estimated Value
$2,178,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,155
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,212,250
Outstanding Balance
$1,118,838
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$1,059,317

Purchase Details

Closed on
Feb 15, 2019
Sold by
Rosenblum Joseph A and Rosenblum Luba
Bought by
Rosenblum Joseph A and Rosenblum Luba

Purchase Details

Listed on
Mar 22, 2013
Closed on
Apr 19, 2013
Sold by
Chin Steve Gatsi
Bought by
Rosenblum Joseph A and Rosenblum Luba
Seller's Agent
Stacey Babbitt
Coldwell Banker Realty
Buyer's Agent
Terri Watamanuk
List Price
$1,349,000
Sold Price
$1,379,000
Premium/Discount to List
$30,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.76%
Original Mortgage
$965,300
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2008
Sold by
Lawrence Diane S
Bought by
Chin Steve Gatsi and Lin Christine Chun Huei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$729,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2000
Sold by
Kandel Sadie
Bought by
Kandel Sadie and The Sadie Kandel Trust
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 Type Sale Price Title Company
Grant Deed $1,865,000 Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Grant Deed $1,379,000 Equity Title Los Angeles
Grant Deed $1,150,000 California Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,212,250 New Conventional
Previous Owner $965,300 New Conventional
Previous Owner $729,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2023 06/11/23 Rented $4,695 0.0% --
05/15/2023 05/15/23 For Rent $4,695 -2.1% --
03/18/2022 03/18/22 Rented $4,795 0.0% --
02/17/2022 02/17/22 For Rent $4,795 0.0% --
01/28/2022 01/28/22 Sold $1,865,000 -3.8% $488 / Sq Ft
12/14/2021 12/14/21 Pending -- -- --
12/01/2021 12/01/21 Price Changed $1,939,000 -5.4% $508 / Sq Ft
11/16/2021 11/16/21 For Sale $2,049,000 0.0% $537 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $2,049,000 +48.6% $537 / Sq Ft
05/17/2013 05/17/13 Sold $1,379,000 +2.2% $361 / Sq Ft
04/14/2013 04/14/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $1,349,000 -- $353 / 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 $23,777 $1,979,152 $1,485,691 $493,461
2024 $23,777 $1,940,346 $1,456,560 $483,786
2023 $23,319 $1,902,300 $1,428,000 $474,300
2022 $19,150 $1,600,187 $915,554 $684,633
2021 $18,904 $1,568,811 $897,602 $671,209
2019 $18,339 $1,522,281 $870,980 $651,301
2018 $18,218 $1,492,433 $853,902 $638,531
2016 $17,407 $1,434,482 $820,745 $613,737
2015 $17,153 $1,412,936 $808,417 $604,519
2014 $17,210 $1,385,260 $792,582 $592,678
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-746450

The MLS

APN: 5087-027-019