NOT LISTED FOR SALE

1260 S Highland Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,888,000 - $2,441,000

6 Beds
4 Baths
3,725 Sq Ft
$561/Sq Ft Est. Value

Last Sold November 16, 2016

Last sale price $1,549,000 $416 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $12,735/month

36 Days on Market

Highlights

  • Views of Trees
  • Bonus Room
  • Central Heating and Cooling System
  • Wood Flooring
  • Laundry Room

About This Home

As of November 2016

QUIET PRIVATE STREET(NO TRAFFIC AT ALL). LIVE IN ONE, RENT THE OTHER! Lower Unit will be Vacant! Gorgeous Spanish Revival Duplex in sought after Longwood Highlands! Proudly nestled on a beautiful tree-lined street of circa 1930's properties. Each unit boasts 3BR, 2BA & over 1,800 sq. ft. Looking for a Trophy Income Property, or a duplex that feels like a REMODELED HOME? Look no further! This one has it all, including the old world charm & character you covet. Seller meticulously restored and updated this home, drawing inspiration from all the original authentic details of its circa-1930's era build. The home includes Hardwood Floors + original beamed ceilings + wood casement windows and arches + Period wood doors & classic hardware + traditional courtyards/balconies. In addition, the property has remodeled kitchens w/ marble countertops & stainless steel appliances. Bathrooms are impeccable. Tankless Hot Water Heaters + Garage. Prime location near Wilshire+LaBrea. Near Everything!

Last Agent to Sell the Property

Rachel Hsieh

Keller Williams Realty Los Feliz License #01913428 Listed on: 08/11/2016

Keller Williams Realty Los Feliz

Co-Listed By

Bryan Marks

Compass License #01957066

Compass

Last Buyer's Agent

Bryan Marks

Keller Williams Realty Los Feliz License #01957066

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,623

Year Built

  • Built in 1929

Lot Details

  • 5,999

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,725 Sq Ft Home
  • Bonus Room
  • Wood Flooring
  • Views of Trees
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 5,999 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-025-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,623

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3725
  • Year Built: 1929
  • Number Of Photos: 37
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 415.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 375229
  • Assessed Land Value: 682237
  • Assessor Parcel Number: 5084-025-003
  • Geocode Override: No
  • Lot Size Area: 5999

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 2
  • Total Annual Expense: 25000
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2016
Closed on
Sep 23, 2016
Sold by
Harrell William C
Bought by
Petropoulos Renata R
Seller's Agent
Rachel Hsieh
Keller Williams Realty Los Feliz
Buyer's Agent
Bryan Marks
Compass
List Price
$1,549,000
Sold Price
$1,549,000
Current Estimated Value
$2,088,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,801
Avg. Annual Appreciation
3.40%
Original Mortgage
$270,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2009
Sold by
Ramirez Juan Mauricio
Bought by
Ramirez Juan Mauricio

Purchase Details

Closed on
Apr 26, 2006
Sold by
Harrell William C
Bought by
Harrell William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$964,500
Interest Rate
6.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 2005
Sold by
Harrell William C
Bought by
Harrell William C

Purchase Details

Closed on
Aug 8, 2005
Sold by
Takemoto Mary K and Takemoto Trust
Bought by
Harrell William C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
6.25%
Mortgage Type
Stand Alone First
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
Petropoulos Renata R $1,549,000 Fidelity Sherman Oaks
Ramirez Juan Mauricio -- None Available
Harrell William C -- None Available
Harrell William C -- Stewart Title Of Ca Inc
Harrell William C -- --
Harrell William C $930,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petropoulos Renata R $270,000
Previous Owner Harrell William C $964,500
Previous Owner Harrell William C $744,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2016 11/16/16 Sold $1,549,000 0.0% $416 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
09/12/2016 09/12/16 Price Changed $1,549,000 0.0% $416 / Sq Ft
08/23/2016 08/23/16 Price Changed $1,549,500 0.0% $416 / Sq Ft
08/11/2016 08/11/16 For Sale $1,549,000 -- $416 / 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 $21,623 $1,797,742 $1,333,510 $464,232
2024 $21,623 $1,762,493 $1,307,363 $455,130
2023 $21,207 $1,727,935 $1,281,729 $446,206
2022 $20,223 $1,694,055 $1,256,598 $437,457
2021 $19,966 $1,660,839 $1,231,959 $428,880
2019 $19,368 $1,611,579 $1,195,419 $416,160
2018 $19,255 $1,579,980 $1,171,980 $408,000
2016 $13,098 $1,073,592 $692,641 $380,951
2015 $12,907 $1,057,466 $682,237 $375,229
2014 $9,460 $750,000 $550,000 $200,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rachel Hsieh

    Keller Williams Realty Los Feliz

    Section Image
  • Bryan Marks

    Seller Co-Listing Agent in 2016

    Bryan Marks

    Compass

    (310) 913-6557

    8 in this area

    29 Total Sales

    Bryan Marks
    Section Image
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Map

Source: The MLS

MLS Number: 16-152598

The MLS

APN: 5084-025-003

California Los Angeles County Los Angeles 90019 Miracle Mile

1260 S Highland Ave, Los Angeles, CA

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