NOT LISTED FOR SALE

Estimated Value: $995,000 - $1,202,000

8 Beds
7 Baths
3,254 Sq Ft
$347/Sq Ft Est. Value

Last Sold April 16, 2024

Last sale price $1,150,000 $353 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,773/month

23 Days on Market

Highlights

  • City Lights View
  • Dual Staircase
  • Property is near public transit
  • Open Floorplan
  • Craftsman Architecture
  • Main Floor Bedroom

About This Home

As of April 2024

Welcome to your exceptional investment opportunity or forever home! This 8 bedroom | 7 bathroom duplex, mere blocks from USC and a short drive to Downtown LA, offers the quintessential LA lifestyle with easy access to amazing eateries, sport venues, concert halls, and so much more. Whether you seek the bustling energy of LA living or desire rental income from this duplex, this is the ideal choice. Originally constructed in 1909, the front unit underwent a comprehensive upgrade starting in 2012, including the addition of the rear unit and a complete front unit remodel. Features include Split AC units in all rooms,(front unit) new electrical in both units, updated flooring, drywall, and ceilings in the front unit, with new windows installed in 2016. The rear unit retains its original 2012 windows in excellent condition. Solar panels power both units independently (new buyer to assume lease), while all toilets were replaced in 2020 with low-flush models. The interior received a fresh coat of paint in 2020, along with new recessed lighting throughout. The rear unit benefits from a whole house fan, and the property offers ample parking with a long driveway. Additionally, a laundry room is available for rear tenants, easily adaptable for coin-operated machines. The front unit spans 1,613 sq ft of living space, while the rear unit offers 1641 sq ft, and features 2 bedrooms with their own full bathrooms, a third communal full bath for two additional rooms and a 4th 1/4 bath downstairs/in the laundry room. This Tudor craftsman duplex harmonizes historic charm with modern conveniences, boasting a captivating facade in line with the neighborhood's aesthetic. Finance this with a VA/FHA loan as the front unit will be delivered vacant at closing. Live in the front and rent out the rear.

Last Agent to Sell the Property

Frank Guard

Globe and Anchor Realty, Inc. Brokerage Phone: 818-825-0546 License #01741621 Listed on: 02/14/2024

Co-Listed By

Julia Gironda

Globe and Anchor Realty, Inc. Brokerage Phone: 818-825-0546 License #02138349

Last Buyer's Agent

Joshua Glaz

The Ave License #01856858

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,528

Year Built

  • Built in 1909

Lot Details

  • 6,405 Sq Ft Lot
  • No Common Walls
  • Security Fence
  • Wrought Iron Fence
  • Fence is in good condition
  • Sprinkler System
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • 8 Open Parking Spaces
  • Driveway
  • On-Street Parking

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Duplex
  • Craftsman Architecture
  • Tudor Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Stone Siding
  • Pre-Cast Concrete Construction
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 3,254 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Ceiling Fan
  • Recessed Lighting
  • Bay Window
  • Entryway
  • Family Room
  • Living Room

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 7 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Shed

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Whole House Fan
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 12 / M
  • Tax Tract Number 2
  • Assessor Parcel Number 5020014012
  • $485 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,800
  • Insurance Expense $2,000
  • Trash Expense $600
  • Water Sewer Expense $600
  • Operating Expense $5,000
  • Net Operating Income $34,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,528

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Price Per Unit: 599500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 600.00
  • Zoning: LAR2
  • Architectural Style: Craftsman, Tudor
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5020014012
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: 2 Staircases, Balcony, Ceiling Fan(s), Copper Plumbing Full, Open Floorplan, Pantry, Recessed Lighting, Stone Counters
  • Stories: 2
  • Entry Location: 41st St
  • Common Walls: No Common Walls
  • Flooring: Tile, Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 353.41
  • Room Type: Entry, Family Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Window Features: Bay Window(s)

Exterior Features

  • Other Structures: Shed(s)
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Good Condition, Security, Wrought Iron
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stone, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Street
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Gas Oven, Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 6500-9999, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 6405.00
  • Lot Size Acres: 0.1470

Multi Family

  • Electric Expense: 1800.00
  • Gross Scheduled Income: 39540.00
  • Insurance Expense: 2000.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 6405.0000 Square Feet
  • Net Operating Income: 34540.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 5000.00
  • Rent Control: Yes
  • Total Actual Rent: 3500.00
  • Total Expenses: 5000.00

Tax Info

  • Tax Block: M
  • Tax Census Tract: 2316.02
  • Tax Lot: 12
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 485.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2024
Sold by
Parvin Asia
Bought by
Asia Parvin Living Trust and Parvin
Current Estimated Value
$1,130,089

Purchase Details

Listed on
Feb 14, 2024
Closed on
Apr 10, 2024
Sold by
Mostafa Md Nurul
Bought by
Parvin Asia
Seller's Agent
Frank Guard
Globe and Anchor Realty, Inc.
Buyer's Agent
Joshua Glaz
The Ave
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Views
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
-2.82%
Original Mortgage
$1,129,170
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 12, 2024
Sold by
Maria Maldonado 2023 Trust and Maldonado Maria Victoria
Bought by
Parvin Asia
Seller's Agent
Frank Guard
Globe and Anchor Realty, Inc.
Buyer's Agent
Joshua Glaz
The Ave
List Price
$1,199,000
Sold Price
$1,150,000
Premium/Discount to List
-$49,000
-4.09%
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,129,170
Interest Rate
6.94%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2023
Sold by
Maldonado Maria Victoria
Bought by
Maria Maldonado 2023 Trust and Maldonado

Purchase Details

Closed on
Oct 3, 2023
Sold by
Maldonado Cesar Anubis
Bought by
Maldonado Maria V

Purchase Details

Closed on
Jan 14, 2016
Sold by
Maldonado Maria V
Bought by
Maldonado Maria and Maldonado Cesar Anubis

Purchase Details

Closed on
Dec 4, 2012
Sold by
Delgado Elizabeth Martinez and Tobon Gerardo Martinez
Bought by
Maldonado Maria

Purchase Details

Listed on
Feb 8, 2012
Closed on
Jun 5, 2012
Sold by
Delgado Flavia
Bought by
Tobon Gerardo Martinez
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
Alicia Ortiz
Real Estate Connection
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$476,568
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 8, 2012
Closed on
May 29, 2012
Sold by
Ortiz Evaristo
Bought by
Maldonado Maria and Delgado Elizabeth Martinez
Seller's Agent
Alicia Ortiz
Real Estate Connection
Buyer's Agent
Alicia Ortiz
Real Estate Connection
List Price
$489,000
Sold Price
$489,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,568
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Ortiz Evaristo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 15, 2010
Sold by
Martinez Rosa E
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Sep 20, 2006
Sold by
Hernandez Jose Raul
Bought by
Martinez Rosa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 3, 2003
Sold by
Hernandez Daysi Maribel
Bought by
Hernandez Jose Raul

Purchase Details

Closed on
Aug 15, 2003
Sold by
J & W Properties Lp
Bought by
Hernandez Jose Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Smith Gladys
Bought by
J & W Properties Lp

Purchase Details

Closed on
Apr 25, 1995
Sold by
Peters Robert L
Bought by
Wright Nettie

Purchase Details

Closed on
Jan 17, 1995
Sold by
Smith Gladys
Bought by
Peters Robert L and Smith Gladys
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Asia Parvin Living Trust -- None Listed On Document
Parvin Asia -- Chicago Title Company
Parvin Asia $1,150,000 Chicago Title Company
Parvin Asia $1,150,000 Chicago Title Company
Maria Maldonado 2023 Trust -- None Listed On Document
Maldonado Maria V -- None Listed On Document
Maldonado Maria -- None Available
Maldonado Maria -- None Available
Tobon Gerardo Martinez -- Fidelity National Title
Maldonado Maria $489,000 Fidelity National Title
Ortiz Evaristo $153,000 Servicelink
Wells Fargo Bank National Association $561,219 Accommodation
Martinez Rosa E $555,000 Equity Title
Hernandez Jose Raul -- Southland Title
Hernandez Jose Raul $280,000 Southland Title
J & W Properties Lp $175,000 --
Wright Nettie -- Chicago Title Insurance Co
Peters Robert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parvin Asia $1,129,170
Previous Owner Parvin Asia $1,129,170
Previous Owner Maldonado Maria V $410,000
Previous Owner Tobon Gerardo Martinez $476,568
Previous Owner Ortiz Evaristo $270,000
Previous Owner Ortiz Evaristo $270,000
Previous Owner Martinez Rosa E $111,000
Previous Owner Martinez Rosa E $444,000
Previous Owner Hernandez Jose Raul $200,000
Previous Owner Hernandez Jose Raul $224,000
Closed Hernandez Jose Raul $28,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2024 04/16/24 Sold $1,150,000 -4.1% $353 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $1,199,000 +145.2% $368 / Sq Ft
04/30/2012 04/30/12 Sold $489,000 0.0% $298 / Sq Ft
04/03/2012 04/03/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $489,000 -- $298 / 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 $7,528 $1,173,000 $938,400 $234,600
2024 $7,528 $594,362 $415,691 $178,671
2023 $7,390 $582,709 $407,541 $175,168
2022 $7,059 $571,284 $399,550 $171,734
2021 $6,954 $560,083 $391,716 $168,367
2019 $6,751 $543,473 $380,099 $163,374
2018 $13,500 $532,818 $372,647 $160,171
2016 $6,307 $512,130 $358,178 $153,952
2015 $6,216 $504,438 $352,798 $151,640
2014 $6,247 $494,558 $345,888 $148,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24030821

California Regional Multiple Listing Service (CRMLS)

APN: 5020-014-012