NOT LISTED FOR SALE

Estimated Value: $1,233,000 - $1,999,250

5 Beds
2 Baths
3,485 Sq Ft
$487/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $1,375,000 $395 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $10,980/month

17 Days on Market

Highlights

  • Spanish Architecture
  • No HOA
  • East Facing Home
  • Private Yard
  • Laundry Room

About This Home

As of February 2022

2 Unit Duplex with Classic Spanish Charm - Both Vacant, Desirable Near Mid Wilshire !!! 3 Bed / 1 Bath + 2 Bed / 1 Bath + 3 Car Garage. 3485 Sqft Bldg. on a deep 6913 Sqft Lot built in 1926. FIXER !!! Opportunity knocks to restore this property to its original grandeur ! Trust Sale. Fantastic location near Mid Wilshire on a desirable street North of San Vincente and West of La Brea. Both units are 1 level and have similar floorplans with spacious living and dining rooms that include high coved ceilings, a faux fireplace, good sized kitchen with adjacent Breakfast nooks and utility rooms. The hallways also are wide with high ceilings. The bathrooms are a good size. Financing may not be available due to the condition of the property. The right front door is to unit 1241. 3 Bed/1 Ba . Behind the door is the staircase to the top floor which opens to the large living room with coved high ceilings. The unit shows light and bright. The dining room is also a generous size. There is a closet with access to an outdoor balcony and also another door that leads to a large enclosed like balcony. The kitchen opens on to the rear large breakfast nook and to our utility room and staircase down to the backyard. The Bedrooms are also all comfortable size. The front walkway leads to the porch of unit 1243. This is the 2 Bed / 1 Bath downstairs unit. Similar floorplan as upstairs with 1 less bedroom.

Last Listed By

Ken Conant

Estate Properties License #00851703 Listed on: 03/30/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,674

Year Built

  • Built in 1926

Lot Details

  • 6,913 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Private Yard
  • Back and Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 3,485 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Additional Features

  • Suburban Location
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 476
  • Tax Tract Number 5069
  • Assessor Parcel Number 5084032008

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • New Taxes Expense $14,363
  • Operating Expense $14,363

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,674

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Architectural Style: Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5084032008
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 394.55

Exterior Features

  • Direction Faces: East
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Unknown

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Yard
  • Lot Size Sq Ft: 6913.00
  • Lot Size Acres: 0.1587

Multi Family

  • Lot Size Area: 6913.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 14363.00

Tax Info

  • New Taxes Expense: 14363.00
  • Tax Census Tract: 2162.00
  • Tax Lot: 476
  • Tax Tract Number: 5069

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Albert And Delores Murray Family Trust
Bought by
Lea Llc
Total Days on Market
17
Current Estimated Value
$1,698,563

Purchase Details

Closed on
Jan 7, 2017
Sold by
Scruggs Laneisha
Bought by
The Revocable Trust Of Albert J Murray

Purchase Details

Closed on
Dec 11, 2015
Sold by
Murray Dorian
Bought by
Red & Pink Inc

Purchase Details

Closed on
Oct 4, 2012
Sold by
Murray Albert Joihn and The Albert & Delores Murray Fa
Bought by
Gilbert Rashaad Lamar

Purchase Details

Closed on
Jul 18, 1996
Sold by
Murray Albert J
Bought by
Murray Albert John and Murray Delores Marie

Range of Values:

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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
Lea Llc $1,375,000 Progressive Title
The Revocable Trust Of Albert J Murray -- None Available
Red & Pink Inc -- None Available
Gilbert Rashaad Lamar -- None Available
Murray Albert John -- Gateway Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $1,375,000 +19.7% $395 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $1,149,000 -- $330 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $17,674 $1,430,550 $1,040,400 $390,150
2023 $17,337 $1,402,500 $1,020,000 $382,500
2022 $1,329 $602,239 $435,146 $167,093
2021 $7,422 $590,431 $426,614 $163,817
2019 $7,207 $572,920 $413,961 $158,959
2018 $7,070 $561,688 $405,845 $155,843
2016 $6,734 $539,880 $390,087 $149,793
2015 $6,639 $531,771 $384,228 $147,543
2014 $6,672 $979,426 $703,178 $276,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21060872

California Regional Multiple Listing Service (CRMLS)

APN: 5084-032-008