NOT LISTED FOR SALE

1269 S Ridgeley Dr Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,706,000 - $2,679,000

8 Beds
4 Baths
4,564 Sq Ft
$445/Sq Ft Est. Value

Last Sold April 17, 2013

Last sale price $1,195,000 $262 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $12,190/month

59 Days on Market

Highlights

  • Traditional Architecture
  • 4 Car Detached Garage
  • Built-In Features

About This Home

As of April 2013

Wonderful opportunity on quiet, tree lined street for owner occupied or investor. Spacious upgraded units, 2 up, 2 down with original wood floors, crown moldings and 1 off street parking for each in rear. There is an additional artist studio/rec room in rear. Solid rents in great centrally located LA neighborhood.

Last Agent to Sell the Property

Richard Kas

Coldwell Banker Realty License #01352771 Listed on: 02/10/2012

Coldwell Banker Realty

Last Buyer's Agent

Stacey Babbitt

Coldwell Banker Realty License #01035847

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,932

Year Built

  • Built in 1946

Lot Details

  • 6,751 Sq Ft Lot

Home Design

  • Traditional Architecture
  • Composition Roof

Interior Spaces

  • 4,564 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Disposal

Parking

  • 4 Car Detached Garage
  • Carport

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5085-017-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,932

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 4564
  • Stories: 2
  • Year Built: 1946
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Equipment: Built-Ins, Garbage Disposal
  • Price Per S Q F T: 261.83

Exterior Features

  • Pool: No
  • Roof: Composition

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Carport, Detached, Garage
  • Total Parking: 4

Utilities

  • Heating: Wall
  • Sewer: In Street
  • Water Expense: 1200.00

Fee Information

  • Gas Expense: 300.00
  • Insurance Expense: 1500.00
  • Management Expense: 4620.00
  • Trash Expense: 120.00

Lot Info

  • Assessed Improvement Value: 344892
  • Assessed Land Value: 742845
  • Assessor Parcel Number: 5085-017-022
  • Lot Size Area: 6751

Rental Info

  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 12.65
  • Number Of Units: 4
  • Type Of Units: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 14, 2024
Sold by
Solomon Family Trust and Solomon Matthew
Bought by
Solomon Family Trust and Goldstein
Current Estimated Value
$2,033,250

Purchase Details

Listed on
Feb 10, 2012
Closed on
Apr 1, 2013
Sold by
Solomon Matthew and Solomon Marion
Bought by
Solomon Matthew and Colomon Marion
Seller's Agent
Richard Kas
Coldwell Banker Realty
Buyer's Agent
Stacey Babbitt
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.33%
Original Mortgage
$795,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 10, 2012
Closed on
Feb 26, 2013
Sold by
Arguello Anna Maria
Bought by
Solomon Matthew and Solomon Marioin
Seller's Agent
Richard Kas
Coldwell Banker Realty
Buyer's Agent
Stacey Babbitt
Coldwell Banker Realty
List Price
$1,195,000
Sold Price
$1,195,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$795,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2006
Sold by
Arguello Sergio and Arguello Carlos
Bought by
Arguello Anna Maria

Purchase Details

Closed on
Jul 29, 2005
Sold by
Scretchings Hazel M and The Hazel M Scretchings Revoca
Bought by
Arguello Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,750
Interest Rate
1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 19, 2000
Sold by
Scretchings Hazel M
Bought by
Scretchings Hazel M and Hazel M Schretchings Revocable Living Tr
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
Solomon Family Trust -- None Listed On Document
Solomon Matthew -- Accommodation
Solomon Matthew $1,195,000 Equity Title Los Angeles
Arguello Anna Maria -- None Available
Arguello Sergio $1,025,000 Fatcola
Scretchings Hazel M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solomon Matthew $795,000
Previous Owner Arguello Sergio $768,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold $1,195,000 0.0% $262 / Sq Ft
04/09/2012 04/09/12 Pending -- -- --
02/10/2012 02/10/12 For Sale $1,195,000 -- $262 / 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 $17,932 $1,471,544 $898,936 $572,608
2024 $17,932 $1,442,691 $881,310 $561,381
2023 $17,592 $1,414,404 $864,030 $550,374
2022 $16,786 $1,386,672 $847,089 $539,583
2021 $16,563 $1,359,483 $830,480 $529,003
2019 $16,072 $1,319,162 $805,849 $513,313
2018 $15,959 $1,293,298 $790,049 $503,249
2016 $15,238 $1,243,079 $759,371 $483,708
2015 $15,018 $1,224,408 $747,965 $476,443
2014 $15,085 $1,200,425 $733,314 $467,111
Source: Public Records

Agents Affiliated with this Home

  • Richard Kas

    Seller's Agent in 2013

    Richard Kas

    Coldwell Banker Realty

    (888) 201-0508

    19 Total Sales

    Richard Kas
    Section Image
  • Stacey Babbitt

    Buyer's Agent in 2013

    Stacey Babbitt

    Coldwell Banker Realty

    (310) 804-6027

    3 in this area

    17 Total Sales

    Stacey Babbitt
    Section Image
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Map

Source: The MLS

MLS Number: 12-581227

The MLS

APN: 5085-017-022

California Los Angeles County Los Angeles 90019 Miracle Mile

1269 S Ridgeley Dr, Los Angeles, CA

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