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Seller's Agent in 2025
Edgar Karapetian
Luxury Collective
(818) 519-1630
1 in this area
12 Total Sales
Welcome to 1371 Masselin Avenue, a unique duplex located in the heart of Wilshire Vista—one of Los Angeles' most desirable Mid-City neighborhoods. This LAR2-zoned investment property sits on a 5,570 sq. ft. lot and offers a total of 2,525 sq. ft. of living space, featuring two spacious 2-bedroom, 1-bathroom units, each with its own indoor laundry area.
Situated on a quiet, tree-lined street, the property offers a flexible layout ideal for investors, families or multi-generational living. One unit will be delivered vacant, while the other is tenant-occupied—providing immediate rental income with long-term upside. The home retains its original charm with ample opportunity to update and customize.
A standout feature is the expansive parking: a three-car garage plus an oversized attached carport accommodating up to five additional vehicles—perfect for extra storage or a potential ADU conversion . The property is being sold as-is.
Last Agent to Sell the Property
Luxury Collective Brokerage Phone: 8185191630 License #02197054 Listed on: 04/16/2025
Date | Type | Sale Price | Title Company |
---|---|---|---|
Grant Deed | -- | Fidelity National Title | |
Grant Deed | $1,150,000 | Fidelity National Title | |
Deed | -- | -- | |
Grant Deed | -- | Fidelity National Title | |
Interfamily Deed Transfer | -- | -- |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $1,129,170 | FHA | |
Previous Owner | $1,034,460 | New Conventional | |
Previous Owner | $1,034,460 | New Conventional | |
Previous Owner | $1,034,460 | New Conventional | |
Previous Owner | $1,034,460 | New Conventional |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/22/2025 07/22/25 | Sold | $1,150,000 | +5.0% | $455 / Sq Ft |
05/01/2025 05/01/25 | For Sale | $1,095,000 | 0.0% | $434 / Sq Ft |
04/28/2025 04/28/25 | Pending | -- | -- | -- |
04/25/2025 04/25/25 | Pending | -- | -- | -- |
04/16/2025 04/16/25 | For Sale | $1,095,000 | -- | $434 / Sq Ft |
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 | $1,248 | $1,096,500 | $765,000 | $331,500 |
2024 | $1,248 | $78,300 | $51,167 | $27,133 |
2023 | $1,233 | $76,765 | $50,164 | $26,601 |
2022 | $1,190 | $75,261 | $49,181 | $26,080 |
2021 | $1,157 | $73,786 | $48,217 | $25,569 |
2019 | $1,128 | $71,599 | $46,788 | $24,811 |
2018 | $1,040 | $70,196 | $45,871 | $24,325 |
2016 | $967 | $67,473 | $44,091 | $23,382 |
2015 | $955 | $66,460 | $43,429 | $23,031 |
2014 | $973 | $65,159 | $42,579 | $22,580 |
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Seller's Agent in 2025
Edgar Karapetian
Luxury Collective
(818) 519-1630
1 in this area
12 Total Sales
Seller Co-Listing Agent in 2025
Steve Julian
Luxury Collective
(323) 736-4841
1 in this area
138 Total Sales
Buyer's Agent in 2025
Adam Schenck
JohnHart Real Estate
(213) 595-7231
1 in this area
5 Total Sales
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25075810
APN: 5085-029-037