NOT LISTED FOR SALE

Estimated Value: $587,000 - $720,685

2 Beds
2 Baths
1,082 Sq Ft
$583/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $560,000 $518 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,034/month

5 Days on Market

Highlights

  • Main Floor Bedroom
  • Neighborhood Views
  • Walk-In Closet
  • No HOA
  • Enclosed patio or porch
  • 4-minute walk to Augustus F. Hawkins Natural Park

About This Home

As of October 2023

Don't miss this exceptional opportunity! With long-standing ownership spanning over five decades, this home has been lived in and loved well, and now awaits its next chapter. Occupying a spacious lot of 5,404 sq. ft. with an existing structure of 1,082 sq. ft., the property is ideal for homebuyers and investors seeking both immediate and long-term benefits.

Let your imagination come alive as you walk through this 2 bedroom, 2 bath bungalow. The floor plan flows effortlessly from room to room, all generously sized and accented by architectural details such as coved ceilings, built-in cabinetry, and wood wall details throughout. An indoor laundry room and bonus room allow for easy, comfortable living. There is ample room out back for a detached garage or expanded options for additional units with direct alley access.

This property is zoned LAR2, with great proximity to freeways, local amenities, and future redevelopment projects by the city of Los Angeles. Truly, this legacy property presents a variety of investment strategies — be it homeowner occupancy and renovation, expansion, redevelopment, SB-8 project, or diversification of a real estate portfolio. With its long-standing ownership history and untapped potential, it serves as an excellent canvas for crafting the perfect home or lucrative investment property.

Open House 9/2 11 am - 2 pm. All offers are due Saturday, please send the highest and best offer. Seller reserves the right to accept an offer prior to the offer deadline.

Last Agent to Sell the Property

Venus Doan

Venus Doan Realty Inc License #01510028 Listed on: 08/31/2023

Co-Listed By

Christine Reyes

Venus Doan Realty Inc License #01938273

Last Buyer's Agent

Christine Reyes

Venus Doan Realty Inc License #01938273

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,967

Year Built

  • Built in 1912

Lot Details

  • 5,404 Sq Ft Lot
  • Chain Link Fence
  • Density is 2-5 Units/Acre
  • Property is zoned LAR2

Home Design

  • Bungalow
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Range
  • Formica Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • 220 Volts In Laundry
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch
  • Shed

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 7 / I
  • Tax Tract Number 6659
  • Assessor Parcel Number 5104030009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,967

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Seller will provide a list of furniture and items they may be leaving behind.
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR2
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5104030009
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Formica Counters
  • Stories: 1
  • Entry Location: Main
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 517.56
  • Room Type: Laundry, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • Foundation: Pillar/Post/Pier
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered, Enclosed, Front Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Off Street

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Electric: 220 Volts in Laundry
  • Heating Type: Fireplace(s), Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5404.00
  • Lot Size Acres: 0.1241
  • Latitude Manual: 33.98998100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5404.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: I
  • Tax Census Tract: 2291.00
  • Tax Lot: 7
  • Tax Tract Number: 06659

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Sep 6, 2023
Sold by
Parena Bell Brewer Living Trust
Bought by
Cortezano Sehomara Ruth
Seller's Agent
Venus Doan
Venus Doan Realty Inc
Buyer's Agent
Christine Reyes
Venus Doan Realty Inc
List Price
$485,000
Sold Price
$560,000
Premium/Discount to List
$75,000
15.46%
Views
60
Current Estimated Value
$630,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,671
Avg. Annual Appreciation
6.71%
Original Mortgage
$504,000
Outstanding Balance
$494,656
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$136,015

Purchase Details

Closed on
Dec 18, 2021
Sold by
Brewer Parena
Bought by
Parena Bell Brewer Living Trust

Purchase Details

Closed on
Jul 26, 2006
Sold by
Brewer Joe N and Brewer Parena
Bought by
Brewer Joe N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
6.6%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Cortezano Sehomara Ruth $560,000 Chicago Title
Parena Bell Brewer Living Trust -- Accommodation/Courtesy Recordi
Brewer Joe N -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cortezano Sehomara Ruth $504,000
Previous Owner Brewer Joe N $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $560,000 +15.5% $518 / Sq Ft
10/10/2023 10/10/23 Price Changed $485,000 -13.4% $448 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
09/03/2023 09/03/23 Pending -- -- --
09/03/2023 09/03/23 Off Market $560,000 -- --
08/31/2023 08/31/23 For Sale $485,000 -- $448 / 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 $6,967 $571,200 $470,220 $100,980
2024 $6,967 $560,000 $461,000 $99,000
2023 $672 $35,259 $12,456 $22,803
2022 $646 $34,568 $12,212 $22,356
2021 $634 $33,891 $11,973 $21,918
2019 $619 $32,888 $11,619 $21,269
2018 $569 $32,244 $11,392 $20,852
2016 $533 $30,994 $10,950 $20,044
2015 $527 $30,529 $10,786 $19,743
2014 $539 $29,932 $10,575 $19,357
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: ND23163710

California Regional Multiple Listing Service (CRMLS)

APN: 5104-030-009