NOT LISTED FOR SALE

1250 S Mullen Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,482,000 - $1,660,000

3 Beds
2 Baths
1,780 Sq Ft
$877/Sq Ft Est. Value

Last Sold April 13, 2018

Last sale price $1,085,000 $610 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $9,578/month

10 Days on Market

Highlights

  • No Units Above
  • All Bedrooms Downstairs
  • Wood Flooring
  • Queen Anne Place Elementary Rated 9+
  • Open Floorplan
  • 2-minute walk to Queen Anne Recreation Center

About This Home

As of April 2018

WOW!!! Unbelievable Find in Highly Sought After Neighborhood*Just Like Purchasing a New Home*Front 2 Bedroom and 1 Bath Unit Completely Gutted Down to Studs Inside and Rehabbed in 2014*Single Story*Newer Custom Cabinets with Top of the Line Material*Large Dining Room*Newer Windows and Doors*Newer Wood Flooring and Tile*Newer Roof*Newer Bathroom*Newer Light Fixtures*Newer Electrical Box and Sub Panels*Recessed Lighting*Newer Exterior Paint*Back Unit has 1 Bedroom and 1 Bath with Remodeled Kitchen and New Cabinets Which Was Just Completed*New Tile Flooring*New Shower Stall, Vanity and Toilet*New Laminate Flooring*Newer Interior Paint*Some New Windows*New Door*Both Units have Washer and Dryer Hookups*Crown Moulding in Both Units*Oversized 1 Car Garage with Finished Drywall*Quaint Wrap Around Yard is Perfectly Situated for Privacy and to Enjoy the Summer Evenings*Very Low Maintenance*Too Many Features to Mention!!!Property Located in Highly Desirable Area that is Walking Distance to Schools and Shopping*Perfect for Owner User to Receive Additional Income*

Last Agent to Sell the Property

Vickie Sill-Ohashi

ROYAL HOMES & LOANS License #00951509 Listed on: 03/06/2018

Last Buyer's Agent

Nima Sajadi

The Agency License #01801102

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,706

Year Built

  • Built in 1922

Lot Details

  • 5,580 Sq Ft Lot
  • No Units Above
  • 1 Common Wall
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 1,780 Sq Ft Home
  • Open Floorplan
  • Recessed Lighting
  • Casement Windows
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace
  • Private Water Source
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 35 / 2
  • Tax Tract Number 4139
  • Assessor Parcel Number 5083031048

Community Details

Overview

  • 2 Units

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,110
  • Trash Expense $444
  • Water Sewer Expense $396
  • New Taxes Expense $11,063
  • Operating Expense $14,013
  • Gross Income $21,000
  • Net Operating Income $39,290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,706

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Water Sewer Expenses: 396.00
  • Zoning: LAR2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5083031048
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Common Walls: 1 Common Wall, No One Above
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 609.55
  • Room Type: All Bedrooms Down
  • Window Features: Casement Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Cooktop
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Unknown
  • Trash Expense: 444.00
  • Water Source: Private

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 5580.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21000.00
  • Gross Scheduled Income: 45000.00
  • Insurance Expense: 2110.00
  • Net Operating Income: 39290.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 5710.00
  • Rent Control: Yes
  • Total Actual Rent: 21000.00
  • Total Expenses: 14013.00

Tax Info

  • New Taxes Expense: 11063.00
  • Tax Block: 2
  • Tax Census Tract: 2128.00
  • Tax Lot: 35
  • Tax Tract Number: 4139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2024
Sold by
Moridani Family Trust and Moridani Farbod S
Bought by
Parzych Evan R and De La Cruz
Current Estimated Value
$1,560,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,271,600
Outstanding Balance
$1,256,029
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$304,824

Purchase Details

Closed on
Mar 26, 2019
Sold by
Moridani Farbod Soon and Moridani Jeffrey Soon
Bought by
The Moridani Family Trust

Purchase Details

Listed on
Mar 6, 2018
Closed on
Mar 25, 2018
Sold by
Renaud Rosa H
Bought by
Moridani Farbod Soon and Moridani Jeffrey Soon
Seller's Agent
Vickie Sill-Ohashi
ROYAL HOMES & LOANS
Buyer's Agent
Nima Sajadi
The Agency
List Price
$885,000
Sold Price
$1,085,000
Premium/Discount to List
$200,000
22.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$759,500
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 12, 2013
Sold by
Hernandez Jose L
Bought by
Hernandez Jose L and Renaud Rosa H
Source: Public Records

Range of Values:

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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
Parzych Evan R $1,589,500 Equity Title Company
The Moridani Family Trust -- None Available
Moridani Farbod Soon $1,085,000 Ticor Title Company Of Calif
Hernandez Jose L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parzych Evan R $1,271,600
Previous Owner Moridani Farbod Soon $759,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2018 04/13/18 Sold $1,085,000 +22.6% $610 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
03/06/2018 03/06/18 For Sale $885,000 -- $497 / 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 $16,706 $1,589,500 $1,110,500 $479,000
2024 $16,706 $1,357,268 $892,413 $464,855
2023 $16,302 $1,330,656 $874,915 $455,741
2022 $15,548 $1,304,565 $857,760 $446,805
2021 $15,352 $1,278,987 $840,942 $438,045
2020 $15,508 $1,265,874 $832,320 $433,554
2019 $13,277 $1,106,700 $816,000 $290,700
2018 $2,448 $183,733 $92,741 $90,992
2016 $2,328 $176,600 $89,141 $87,459
2015 $2,297 $173,949 $87,803 $86,146
2014 $2,320 $170,543 $86,084 $84,459
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2018

    Vickie Sill-Ohashi

    ROYAL HOMES & LOANS

    (626) 332-0214

    38 Total Sales

    Vickie Sill-Ohashi
    Section Image
  • Nima Sajadi

    Buyer's Agent in 2018

    Nima Sajadi

    The Agency

    (424) 230-3700

    1 in this area

    5 Total Sales

    Nima Sajadi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18052565

California Regional Multiple Listing Service (CRMLS)

APN: 5083-031-048

California Los Angeles County Los Angeles 90019 Miracle Mile

1250 S Mullen Ave, Los Angeles, CA

This home is located at 1250 S Mullen Ave, Los Angeles, CA 90019 since 06 March 2018 and is currently estimated at $1,560,853, approximately $876 per square foot. This property was built in 1922. 1250 S Mullen Ave is a home located in Los Angeles County with nearby schools including Queen Anne Place Elementary, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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