NOT LISTED FOR SALE

Estimated Value: $822,000 - $941,562

5 Beds
3 Baths
1,990 Sq Ft
$440/Sq Ft Est. Value

Last Sold December 24, 2020

Last sale price $730,000 $367 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,368/month

86 Days on Market

Highlights

  • Craftsman Architecture
  • Neighborhood Views
  • Central Heating and Cooling System
  • Private Yard
  • Laundry Room
  • Turnkey

About This Home

As of December 2020

**Live Smart...Rent 1 and Live in 1** Opportunity knocks in the heart of Los Angeles under $317.00 per square foot! Welcome to this pride of ownership California Bungalow that combines both its vintage character with beautiful modern upgrades! As you are driving up, there is no doubt of the stunning curb appeal displayed with just enough lawn to minimize maintenance & water usage. Move in ready and just a short distance for it all. Front Unit is a functional 3 bedrooms 2 bath featuring a master en-suite, indoor laundry area, and the master bedroom with its own rear exit door to the wrap around rear porch area. Rear Unit is an ADU 100% New Construction 2 bedroom and 1 bath, functional floor plan. Units are detached with individual yards for summer time family gatherings. The kitchens were carefully designed with customized cabinetry and quartz counter tops, remodeled bathroom w/modern cabinetry and modern tile. New Central AC/HVAC Unit for front house and a new mini split unit for ADU. This area is quiet, green lawns to your left & right, pride of ownership neighborhood. This is a must see property, all mayor freeways and public transportation within close proximity including several popular new re-development projects including the on-going development of the Lucas Museum. Commuters enjoy close proximity to LA Coliseum, LAFC Stadium, USC Village, museums, freeways & short commute to DTLA, Arts District, and the Metro Link Stations. This is the one!

Last Agent to Sell the Property

Xio Sandoval

CENTURY 21 REALTY MASTERS License #01308913 Listed on: 07/20/2020

CENTURY 21 REALTY MASTERS

Last Buyer's Agent

Cesar Cendejas

Realty Masters & Associates Inc License #01970462

Realty Masters & Associates Inc

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 5,401 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Lawn
  • Front Yard

Home Design

  • Craftsman Architecture
  • Turnkey
  • Shingle Roof

Interior Spaces

  • 1,990 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Driveway

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 277
  • Tax Tract Number 2
  • Assessor Parcel Number 5104026008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,100
  • Fuel Expense $200
  • Insurance Expense $1,000
  • Trash Expense $400
  • Water Sewer Expense $800
  • New Taxes Expense $9,186
  • Operating Expense $12,686

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Inclusions: Stove black or white to be installed per unit at COE.
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 800.00
  • Zoning: LAR2
  • Architectural Style: Craftsman
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 5104026008
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 366.83
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 5401.00
  • Lot Size Acres: 0.1240

Multi Family

  • Electric Expense: 1100.00
  • Fuel Expense: 200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 5401.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 12686.00

Tax Info

  • New Taxes Expense: 9186.00
  • Tax Census Tract: 2291.00
  • Tax Lot: 277
  • Tax Tract Number: 2

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Lmr Properties Llc
Bought by
5 Star Discount Homes Llc
Current Estimated Value
$875,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Outstanding Balance
$426,411
Interest Rate
3.5%
Estimated Equity
$448,730

Purchase Details

Closed on
Jan 17, 2019
Sold by
Golde Rule Lending Llc
Bought by
Lmr Properties Llc

Purchase Details

Closed on
Oct 26, 2018
Sold by
Turner Michael and Estate Of Julia Cleo Herndon L
Bought by
Golden Rule Lending Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
5 Star Discount Homes Llc $350,000 Pacific Coast Title Company
Lmr Properties Llc $299,000 Westminster Title Company In
Golden Rule Lending Llc $51,000 Westminster Title Company In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5 Star Discount Homes Llc $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/24/2020 12/24/20 Sold $730,000 -0.7% $367 / Sq Ft
10/14/2020 10/14/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $734,900 -- $369 / 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
2025 $9,561 $785,293 $626,112 $159,181
2024 $9,561 $769,896 $613,836 $156,060
2023 $9,378 $754,800 $601,800 $153,000
2022 $9,004 $744,600 $459,000 $285,600
2021 $8,890 $730,000 $450,000 $280,000
2020 $4,446 $350,000 $280,000 $70,000
2019 $4,708 $380,000 $270,000 $110,000
2018 $416 $26,446 $12,688 $13,758
2016 $383 $25,422 $12,197 $13,225
2015 $378 $25,041 $12,014 $13,027
2014 $388 $24,551 $11,779 $12,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB20143404

California Regional Multiple Listing Service (CRMLS)

APN: 5104-026-008