Angelo Fierro
Compass
(213) 277-2416
63 Total Sales
1 in Miracle Mile
$1,755,000 Price
1371 Masselin Ave Los Angeles, CA 90019
Miracle Mile NeighborhoodEstimated Value: $1,179,002
4
Beds
2
Baths
2,525
Sq Ft
$467/Sq Ft
Est. Value
Highlights
- Spanish Architecture
- Laundry Room
- Carpet
- No HOA
- Attached Carport
About This Home
As of July 2025Welcome 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
Last Buyer's Agent
Adam Schenck
JohnHart Real Estate License #01965470
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 5,568 Sq Ft Lot
- 1 Common Wall
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
- Attached Carport
- Parking Available
- Three Garage Doors
- Driveway
Home Design
- Duplex
- Spanish Architecture
- Entry on the 1st floor
- Spanish Tile Roof
Interior Spaces
- 2,525 Sq Ft Home
- 2-Story Property
- Decorative Fireplace
- Laundry Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 4 Bedrooms | 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 210
- Tax Tract Number 5674
- Assessor Parcel Number 5085029037
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2025
Closed on
Jul 17, 2025
Sold by
Bought by
Seller's Agent
Edgar Karapetian
Luxury Collective
Buyer's Agent
Adam Schenck
JohnHart Real Estate
List Price
$1,095,000
Sold Price
$1,150,000
Premium/Discount to List
$55,000
5.02%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,002
Avg. Annual Appreciation
2.42%
Original Mortgage
$1,129,170
Outstanding Balance
$1,117,850
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$61,152
Purchase Details
Listed on
Apr 16, 2025
Closed on
Jul 16, 2025
Sold by
Bought by
Seller's Agent
Edgar Karapetian
Luxury Collective
Buyer's Agent
Adam Schenck
JohnHart Real Estate
List Price
$1,095,000
Sold Price
$1,150,000
Premium/Discount to List
$55,000
5.02%
Views
24
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,129,170
Outstanding Balance
$1,117,850
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$61,152
Purchase Details
Closed on
Mar 26, 2025
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,034,460
Interest Rate
6.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 8, 2003
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Miracle Mile, CA
-
Angelo Fierro
-
Barry Gray
Barry Gray
Compass
(213) 529-3954
31 Total Sales
1 in Miracle Mile
$1,540,000 Price
-
Donald Heller
Donald Heller
Christie's International Real Estate SoCal
(424) 238-6571
113 Total Sales
1 in Miracle Mile
$3,275,000 Price
-
Eitan Dagan
Eitan Dagan
Equity Union
(424) 321-8056
23 Total Sales
1 in Miracle Mile
$1,495,000 Price
-
Laura Klein
Laura Klein
KRE + Associates
(213) 900-2162
56 Total Sales
1 in Miracle Mile
$1,836,000 Price
-
Alex Woltman
Alex Woltman
Berkshire Hathaway HomeServices California Properties
(747) 246-7580
26 Total Sales
1 in Miracle Mile
$1,920,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Fidelity National Title | ||
| $1,150,000 | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,129,170 | ||
| Previous Owner | $1,034,460 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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 |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $13,462 | $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 |
Source: Public Records
Agents Affiliated with this Home
-
Edgar Karapetian
E
Seller's Agent in 2025
Edgar Karapetian
Luxury Collective
(818) 519-1630
1 in this area
21 Total Sales
-
Steve Julian
Seller Co-Listing Agent in 2025
Steve Julian
Luxury Collective
(323) 736-4841
1 in this area
172 Total Sales
-
A
Buyer's Agent in 2025
Adam Schenck
JohnHart Real Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR25075810
APN: 5085-029-037
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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