NOT LISTED FOR SALE

1244 S Stanley Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,932,000 - $2,414,000

4 Beds
2 Baths
3,219 Sq Ft
$673/Sq Ft Est. Value

Last Sold August 14, 2019

Last sale price $1,621,500 $504 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $13,165/month

53 Days on Market

Highlights

  • Air Conditioning
  • Central Heating
  • Ceiling Fan

About This Home

As of August 2019

Stunning Spanish Duplex with beautiful curb appeal in Prime Wilshire Vista! This character-rich duplex is located on a large lot and features two spacious 2 bedroom/1 bath units with classic period details. Each unit boasts a grand sunny living room, formal dining room, kitchen with breakfast nook, bonus rm/den, & laundry room. Upper Unit is newly updated, featuring a modern kitchen with SS appliances and quartz countertops and bathroom with double sink vanity and walk-in shower. The elegant bottom unit has kitchen and bath w/ original period tile and a sunroom that flows to the tranquil backyard. Hardwood floors, lg closets, backyard with ideal ambiance for entertaining, and a detached 3 car garage round out this great property. Located on a quiet and wide tree lined street of single family homes, this is an ideal investment opportunity for both investors and owner occupants. Close to LACMA and steps from hip restaurants on Pico Blvd. Lower Unit to be delivered VACANT!

Last Agent to Sell the Property

Deborah Wolsh

Compass License #01903673 Listed on: 05/30/2019

Compass

Co-Listed By

Morgan Pasco

KW Advisors License #01313757

Last Buyer's Agent

Alexander Vichinsky

The Agency License #02044570

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,283

Year Built

  • Built in 1936

Lot Details

  • 7,309 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 3,219 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Utilities

  • Air Conditioning
  • Central Heating

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5085-022-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,283

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3219
  • Stories: 2
  • Year Built: 1936
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 509.16

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 3 Car
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 465999
  • Assessed Land Value: 828444
  • Assessor Parcel Number: 5085-022-015
  • Geocode Override: No
  • Lot Size Area: 7309

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 8, 2019
Sold by
Wonderland Blue Exchange Llc
Bought by
Tetard Laurent
Seller's Agent
Deborah Wolsh
Compass
Buyer's Agent
Alexander Vichinsky
The Agency
List Price
$1,639,000
Sold Price
$1,621,500
Premium/Discount to List
-$17,500
-1.07%
Current Estimated Value
$2,165,532

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,032
Avg. Annual Appreciation
4.77%
Original Mortgage
$1,621,500
Outstanding Balance
$1,420,134
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$745,398

Purchase Details

Closed on
Apr 6, 2015
Sold by
Johnson Jeffrey L
Bought by
Wonderland Blue Exchange Llc

Purchase Details

Closed on
Jul 17, 2007
Sold by
Kidd Robert W
Bought by
Kidd Robert W and Johnson Jeffrey L

Purchase Details

Closed on
Apr 15, 1998
Sold by
Degraff James
Bought by
Kidd Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
7.15%

Purchase Details

Closed on
Feb 18, 1998
Sold by
Johnson Jeffrey L
Bought by
Kidd Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,250
Interest Rate
7.15%
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
Tetard Laurent $1,621,500 Chicago Title
Wonderland Blue Exchange Llc $1,270,000 Fidelity National Title Co
Kidd Robert W -- None Available
Kidd Robert W -- Gateway Title
Kidd Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tetard Laurent $1,621,500
Previous Owner Kidd Robert W $206,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2019 08/14/19 Sold $1,621,500 -1.1% $504 / Sq Ft
07/22/2019 07/22/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $1,639,000 -- $509 / 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 $21,283 $1,773,341 $1,241,285 $532,056
2024 $21,283 $1,738,571 $1,216,947 $521,624
2023 $20,872 $1,704,483 $1,193,086 $511,397
2022 $19,903 $1,671,063 $1,169,693 $501,370
2021 $19,652 $1,638,298 $1,146,758 $491,540
2019 $16,209 $1,346,736 $861,912 $484,824
2018 $16,132 $1,320,330 $845,012 $475,318
2016 $15,418 $1,269,062 $812,200 $456,862
2015 $4,168 $332,135 $199,282 $132,853
2014 -- $325,630 $195,379 $130,251
Source: Public Records

Agents Affiliated with this Home

  • Deborah Wolsh

    Seller's Agent in 2019

    Deborah Wolsh

    Compass

    (310) 433-0385

    12 in this area

    42 Total Sales

    Deborah Wolsh
    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Morgan Pasco

    KW Advisors

    Section Image
  • Alexander Vichinsky

    Buyer's Agent in 2019

    Alexander Vichinsky

    The Agency

    (510) 289-5980

    2 in this area

    77 Total Sales

    Alexander Vichinsky
    Section Image
  • James Harris

    Buyer Co-Listing Agent in 2019

    James Harris

    Carolwood Estates

    (310) 733-8038

    2 in this area

    204 Total Sales

    James Harris
    Section Image
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Map

Source: The MLS

MLS Number: 19-472418

The MLS

APN: 5085-022-015

California Los Angeles County Los Angeles 90019 Miracle Mile

1244 S Stanley Ave, Los Angeles, CA

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