NOT LISTED FOR SALE

1339 S Mansfield Ave Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,429,000 - $1,545,249

4 Beds
2 Baths
2,472 Sq Ft
$595/Sq Ft Est. Value

Last Sold March 23, 2016

Last sale price $809,000 $327 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $8,776/month

109 Days on Market

About This Home

As of March 2016

Motivated seller, $50,000 reduction! First time on the Market since 1960! This lovingly cared for duplex is located just outside the Miracle Mile area in Mid-City LA. Surrounded by 4 plex and 8 plex properties. The potential is limited only by your imagination. The large lot provides ample room to add on, or simply enjoy the open backyard. Two units, each with their own garage parking, and plenty of additional off street parking. Condo Conversion? Or simply long-term quality investment, buyer has many options. Properties rarely come on the market in this area. It is under rent control. Hardwood floors (Under carpet and in great shape). Wide interior private steps to upper unit. The elevated lot provides beautiful Eastward views. Architectural archways connecting rooms give it the classic charm. New paint in both units. Large backyard, two Garages, Complete Re-pipe 3/2015, Roof 2014, New forced heating in lower unit 3/2015. Do Not Disturb Tenants. Call for Inspections. Needs some TLC.

Last Agent to Sell the Property

Jon Allen

Kilmainham Commercial Realty, Inc. License #01971462 Listed on: 10/21/2015

Co-Listed By

Julie Allen

Keller Williams Luxury Homes Intl. License #01969975

Last Buyer's Agent

Grant Linscott

Keller Williams Realty Los Feliz License #01715002

Keller Williams Realty Los Feliz

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,725

Year Built

1927

Lot Details

0

Listing Details

  • Active Date: 2016-02-03
  • Building Size: 2472.0
  • Driving Directions: West of La Brea, North of Pico
  • Full Street Address: 1339 S MANSFIELD AVE
  • Primary Object Modification Timestamp: 2017-03-09
  • Total Number of Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Appliances: Range
  • Additional Land Available: 28285.00
  • Advertising Remarks: Motivated seller, $50,000 reduction! First time on the Market since 1960! This lovingly cared for duplex is located just outside the Miracle Mile area in Mid-City LA. Surrounded by 4 plex and 8 plex properties. The potential is limited only by your imagin
  • Assessed Improvement Value: 19149.00
  • Assessed Land Value: 32615.00
  • Total Bedrooms: 4
  • Builders Tract Code: NOT IN A DEVELOPMENT
  • Builders Tract Name: NOT IN A DEVELOPMENT
  • Expense Gardener: 1200.00
  • Expense Insurance: 1000.00
  • Expense Tax: 894.00
  • Annual Expense: 5000.00
  • Expense Water: 1800.00
  • Gross Rent Multiplier: 360.00
  • Net Operating Income: 25285.00
  • Number Of Buildings: 1
  • Owner Pays: Water
  • Appliances: Dishwasher
  • Pool: No

Exterior Features

  • View: No
  • Lot Size Sq Ft: 6903

Garage/Parking

  • Parking Features: Driveway
  • Parking Spaces Total: 2
  • Parking Type: Garage - Two Door

Utilities

  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air

Condo/Co-op/Association

  • HOA: No

Multi Family

  • Gross Operating Income: 28285.00
  • Total Floors: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 15, 2015
Sold by
Adams Lois Y
Bought by
Friend Diana J
Current Estimated Value
$1,471,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2000
Sold by
Adams Lois Y
Bought by
Adams Lois Y and Lois Y Adams Trust
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
Friend Diana J $809,000 Fnt Ie
Adams Lois Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Friend Diana J $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/23/2016 03/23/16 Sold $809,000 -4.7% $327 / Sq Ft
02/07/2016 02/07/16 Pending -- -- --
10/21/2015 10/21/15 For Sale $849,000 -- $343 / 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 $11,725 $957,684 $674,760 $282,924
2024 $11,725 $938,907 $661,530 $277,377
2023 $11,505 $920,498 $648,559 $271,939
2022 $10,981 $902,450 $635,843 $266,607
2021 $10,839 $884,756 $623,376 $261,380
2019 $10,520 $858,516 $604,888 $253,628
2018 $10,361 $841,683 $593,028 $248,655
2016 $883 $52,553 $33,112 $19,441
2015 $874 $51,764 $32,615 $19,149
2014 $894 $50,751 $31,977 $18,774
Source: Public Records

Agents Affiliated with this Home

  • Jon Allen

    Seller's Agent in 2016

    Jon Allen

    Kilmainham Commercial Realty, Inc.

    (208) 331-8342

    4 Total Sales

    Jon Allen
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Julie Allen

    Keller Williams Luxury Homes Intl.

    Section Image
  • Grant Linscott

    Buyer's Agent in 2016

    Grant Linscott

    Keller Williams Realty Los Feliz

    (323) 300-1000

    200 Total Sales

    Grant Linscott
    Section Image
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Map

Source: The MLS

MLS Number: 15-951223PS

The MLS

APN: 5070-003-008

California Los Angeles County Los Angeles 90019 Miracle Mile

1339 S Mansfield Ave, Los Angeles, CA

This home is located at 1339 S Mansfield Ave, Los Angeles, CA 90019 since 21 October 2015 and is currently estimated at $1,471,062, approximately $595 per square foot. This property was built in 1927. 1339 S Mansfield Ave is a home located in Los Angeles County with nearby schools including Saturn Street Elementary School, Los Angeles Senior High School, and ReJOYce In Jesus Christian School.

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