$340,000
SOLD NOV 21, 2023
1 Bed
1 Bath
600 Sq Ft
1,568 Sq Ft Lot

Recently Sold

$567 Per Sq Ft

19% Below List Price

26 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Laundry Room
  • Neighborhood Views
  • Bathtub
  • Wrought Iron Fence

About This Home

As of March 2025

Welcome to this exceptional opportunity! This is a unique property. Nestled on a spacious lot.
This cozy 1 bedroom 1bath home, could be your starter home, income property or an investors dream. This property screams potential. It’s very close to the Kia Forum, Sofi, You-Tube Theaters, and Cinepolis Luxury Cinemas.

Eateries, Grocery Stores, and Metro Transportation are all within walking distance.

Bring a good eye and a open mind

Sold As Is

Last Agent to Sell the Property

Demetria Avery

Demetria Avery Real Estate License #01994433 Listed on: 09/24/2023

Last Buyer's Agent

Demetria Avery

Demetria Avery Real Estate License #01994433 Listed on: 09/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,651

Year Built

  • Built in 1939

Lot Details

  • 1,568 Sq Ft Lot
  • Wrought Iron Fence
  • Density is 2-5 Units/Acre
  • Property is zoned LCR320U*

Home Design

  • Fixer Upper
  • Slab Foundation

Interior Spaces

  • 600 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub

Schools

  • Las Palmas Elementary School

Additional Features

  • Urban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1208
  • Tax Tract Number 600
  • Assessor Parcel Number 6047005013

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,651

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LCR320U*
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6047005013
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 600.00 Square Feet
  • Stories: 1
  • Entry Location: street
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 566.67
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified
  • Elementary School: Las Palmas
  • Elementary School: Las Palmas
  • Elementary School #2: LASPAL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 1568.00
  • Lot Size Acres: 0.0360

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1568.0000 Square Feet
  • Number Of Units In Community: 3
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1208
  • Tax Tract Number: 600...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2024
Closed on
Feb 3, 2025
Sold by
Crest Capital Llc and Del Mar Housing Llc
Bought by
Baskin Stacy Ann
Seller's Agent
Luis Martinez
Century 21 Allstars
Buyer's Agent
Edward Renteria
Pacific West Associates
List Price
$499,900
Sold Price
$499,900
Views
341
Current Estimated Value
$505,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,592
Avg. Annual Appreciation
2.89%
Original Mortgage
$490,845
Outstanding Balance
$488,794
Interest Rate
6.96%
Mortgage Type
FHA
Estimated Equity
$16,698

Purchase Details

Listed on
Sep 24, 2023
Closed on
Nov 20, 2023
Sold by
Angeleno Home Llc
Bought by
Crest Capital Llc
Seller's Agent
Demetria Avery
Demetria Avery Real Estate
Buyer's Agent
Demetria Avery
Demetria Avery Real Estate
List Price
$420,000
Sold Price
$340,000
Premium/Discount to List
-$80,000
-19.05%
Views
85

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.52%

Purchase Details

Listed on
Sep 24, 2023
Closed on
Nov 3, 2023
Sold by
Sherman Griffin Jr Living Trust
Bought by
Angeleno Home Llc
Seller's Agent
Demetria Avery
Demetria Avery Real Estate
Buyer's Agent
Demetria Avery
Demetria Avery Real Estate
List Price
$420,000
Sold Price
$340,000
Premium/Discount to List
-$80,000
-19.05%
Views
85

Purchase Details

Closed on
Sep 29, 2018
Sold by
Griffin Sherman
Bought by
Griffin Sherman and The Sherman Griffin Jr Living

Purchase Details

Closed on
Sep 22, 2005
Sold by
Griffin Sherman
Bought by
Griffin Sherman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2004
Sold by
Griffin Sherman
Bought by
Griffin Sherman and The Sherman Griffin Jr Living Trust

Purchase Details

Closed on
Dec 12, 1999
Sold by
Griffin Sherman
Bought by
Griffin Sherman and The Sherman Griffin Jr Living Trust
Source: Public Records

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Range of Values:

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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 $500,000 Wfg National Title
Gift Deed -- None Listed On Document
Grant Deed $340,000 Pacific Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $490,845 FHA
Previous Owner $165,000 Unknown
Previous Owner $160,000 New Conventional
Previous Owner $87,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2025 03/11/25 Sold $499,900 0.0% $833 / Sq Ft
01/30/2025 01/30/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $499,900 0.0% $833 / Sq Ft
12/30/2024 12/30/24 Pending -- -- --
11/20/2024 11/20/24 Price Changed $499,900 -2.0% $833 / Sq Ft
10/08/2024 10/08/24 For Sale $509,900 +50.0% $850 / Sq Ft
11/21/2023 11/21/23 Sold $340,000 -19.0% $567 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $420,000 +23.5% $700 / Sq Ft
10/17/2023 10/17/23 Off Market $340,000 -- --
09/29/2023 09/29/23 Price Changed $420,000 -40.0% $700 / Sq Ft
09/24/2023 09/24/23 For Sale $700,000 -- $1,167 / 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 $4,651 $346,800 $277,440 $69,360
2024 $4,651 $340,000 $272,000 $68,000
2023 $2,035 $119,554 $91,974 $27,580
2022 $1,957 $117,211 $90,171 $27,040
2021 $1,938 $114,913 $88,403 $26,510
2019 $1,886 $111,507 $85,782 $25,725
2018 $1,859 $109,321 $84,100 $25,221
2016 $1,785 $105,078 $80,835 $24,243
2015 $1,759 $103,500 $79,621 $23,879
2014 $1,763 $101,474 $78,062 $23,412
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23164503

California Regional Multiple Listing Service (CRMLS)

APN: 6047-005-013