NOT LISTED FOR SALE

Estimated Value: $1,973,000 - $3,330,000

3 Beds
2 Baths
2,100 Sq Ft
7,157 Sq Ft Lot

Last Sold August 26, 2020

Last sale price $2,795,000 $1,331 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $14,622/month

Highlights

  • Views of Trees
  • Wood Flooring
  • High Ceiling
  • Third Street Elementary School Rated A
  • Mediterranean Architecture
  • Ground Level Unit

About This Home

As of May 2023

Available now / Unfurnished. The Marsh Duplex, LA Cultural Monument #999. Stunning Mediterranean Revival in Hancock Park. Incredibly spacious and rare upper unit with impressive character and incredible natural light. 3 bedrooms, dramatic living/entertaining areas with beamed ceilings and wood burning fireplace. Large outdoor terrace off the living room is ideal for hosting outdoor dinners. Original details have been restored throughout including original hardwood floors, decorative moulding, dramatic tripartite windows, luxe designer draperies, coved ceilings and vintage built-ins. Brand new washer/dryer and all appliances included. The TV Pilot home of Modern Family's Mitchell and Cam and recently featured on HBO's Insecure.

Last Agent to Rent the Property

Stephen Parisi

Property License #01297733 Listed on: 03/14/2023

Last Renter's Agent

Stephen Parisi

Property License #01297733 Listed on: 03/14/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,741

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • East Facing Home
  • Historic Home

Home Design

  • Mediterranean Architecture
  • Entry on the 2nd floor
  • Flat Roof Shape
  • Plaster Walls
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Wood Burning Fireplace
  • Drapes & Rods
  • Blinds
  • Window Screens
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Home Office
  • Utility Room
  • Views of Trees
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Sewer in Street

Additional Features

  • Living Room Balcony
  • Ground Level Unit

Listing and Financial Details

  • Security Deposit $10,500
  • Tenant pays for electricity, gas, water, trash collection
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 5513-005-026

Community Details

Overview

  • 2 Units

Pet Policy

  • Pets Allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,741

Year Built

Built in 1926 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Amount: 25.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Not Included In Rent: All utilities
  • Rent Includes: Gardener
  • Security Deposit: 10500
  • Tenant Pays: Electricity, Gas, Water, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Style: Mediterranean
  • Single Family Or Apt: Condo/Apt
  • Levels: Ground Level
  • Street Number Display: Yes
  • Entry Floor: 2
  • Entry Location: Living Room
  • Lease Terms: 1+Year
  • Living Area: 2100
  • Lot Acreage: 0.1643
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Living Room Balcony, Plaster Walls, Crown Moldings, Beamed Ceiling(s)
  • Fireplace Rooms: Living Room, Wood Burning
  • Flooring: Hardwood, Tile
  • Appliances: Free Standing Gas, Oven
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Low Flow Toilet(s), Tile, Shower Stall
  • Three Quarter Bathrooms: 0
  • Eating Areas: In Kitchen, Formal Dining Rm
  • Laundry: In Unit, Laundry Area, Room
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Vented Exhaust Fan, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 2.85
  • Windows: Window Blinds, Drapes/Curtains, Screens

Exterior Features

  • Balcony: Yes
  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+), Historical
  • Other Structures: None
  • Tennis Court Y/N: No
  • Exposure: East
  • Pool: No
  • Roof: Clay, Flat
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Utilities

  • Volt 220: In Laundry
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Exterior Security Lights
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5513-005-026
  • Lot Size Area: 7156

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Aug 25, 2020
Sold by
Jacobs Theresa and Jacobs Tyler
Bought by
Jacobs Theresa Dempsey and Theresa Dempsey Jacobs Trust
Seller's Agent
Stephen Parisi
Property
Buyer's Agent
Tyler Jacobs
Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,795,000
Premium/Discount to List
-$155,000
-5.25%
Current Estimated Value
$2,625,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$169,602
Avg. Annual Appreciation
-1.19%

Purchase Details

Listed on
Aug 1, 2020
Closed on
Aug 10, 2020
Sold by
David Jeffrey and David Trent
Bought by
Jacobs Theresa and Jacobs Tyler
Seller's Agent
Stephen Parisi
Property
Buyer's Agent
Tyler Jacobs
Sotheby's International Realty
List Price
$2,950,000
Sold Price
$2,795,000
Premium/Discount to List
-$155,000
-5.25%

Purchase Details

Closed on
Apr 18, 2017
Sold by
David Trent
Bought by
David Trent and David Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,382,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 11, 2017
Sold by
David Trent
Bought by
David Trent and Trent David Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,382,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 13, 2007
Sold by
Iannios Kostas A
Bought by
David Trent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,387,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2005
Sold by
Lancer Phillip C
Bought by
Iannios Kostas A and Iannios Nancy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,198,500
Interest Rate
6.25%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 9, 2004
Sold by
Lancer Phillip C
Bought by
Lancer Phillip C and Lancer Alice P
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
Jacobs Theresa Dempsey -- Accommodation
Jacobs Theresa $2,795,000 Equity Title Company
David Trent -- Fidelity National Title
David Trent -- None Available
David Trent $1,850,000 Equity Title Company
Iannios Kostas A $1,598,000 Fidelity National Title Co
Lancer Phillip C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner David Trent $1,382,000
Previous Owner David Trent $1,387,500
Previous Owner Iannios Kostas A $1,198,500
Closed Iannios Kostas A $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2023 05/04/23 Rented $5,975 0.0% --
04/06/2023 04/06/23 Price Changed $5,975 -5.1% $3 / Sq Ft
03/17/2023 03/17/23 Price Changed $6,295 -1.6% $3 / Sq Ft
03/14/2023 03/14/23 For Rent $6,400 +14.3% --
04/19/2021 04/19/21 Rented $5,600 -1.8% --
04/14/2021 04/14/21 For Rent $5,700 0.0% --
08/26/2020 08/26/20 Sold $2,795,000 -5.3% $677 / Sq Ft View Prior Sale
08/03/2020 08/03/20 Pending -- -- --
08/01/2020 08/01/20 For Sale $2,950,000 0.0% $715 / Sq Ft
02/29/2020 02/29/20 Rented $5,500 0.0% --
01/15/2020 01/15/20 Under Contract -- -- --
01/07/2020 01/07/20 For Rent $5,500 -- --
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 $9,741 $767,000 $580,000 $187,000
2024 $9,741 $767,000 $580,000 $187,000
2023 $9,743 $767,000 $580,000 $187,000
2022 $9,479 $767,000 $580,000 $187,000
2021 $9,519 $767,000 $580,000 $187,000
2020 $14,902 $1,200,000 $880,000 $320,000
2019 $9,226 $1,200,000 $880,000 $320,000
2018 $14,773 $1,200,000 $880,000 $320,000
2017 $14,737 $1,200,000 $880,000 $320,000
2016 $14,661 $1,200,000 $880,000 $320,000
2015 $8,917 $1,200,000 $880,000 $320,000
2014 $7,311 $1,200,000 $880,000 $320,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-250701

The MLS

APN: 5513-005-026