NOT LISTED FOR SALE

142 N Detroit St Los Angeles, CA 90036

Melrose Neighborhood

Estimated Value: $2,386,000 - $2,886,000

6 Beds
4 Baths
3,903 Sq Ft
$661/Sq Ft Est. Value

Last Sold June 04, 2014

Last sale price $1,815,000 $465 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,786/month

18 Days on Market

Highlights

  • Spanish Architecture
  • 4 Car Detached Garage
  • Outdoor Grill
  • Third Street Elementary School Rated A
  • Built-In Features
  • Central Heating and Cooling System

About This Home

As of June 2014

Beautifully remodeled 1930's Spanish duplex in prime location. Elegant rooms with original detailing throughout. Each unit has 3 Bedrooms and 2 Bathrooms. Expansive kitchens with custom cabinets, stainless steel appliances, dual sinks, marble counter tops, high end fixtures and tiled back splashes. Large formal living room with pitched wood ceiling. Bathroom features tiled floors with claw foot tub, custom sinks/cabinets and large carrera marble shower with built in bench. Both units have central HVAC. Professionally landscaped front and backyard with lighting, fire pit, water features and built-in BBQ. Closed circuit camera. Garages located at the rear of property. Units to be delivered vacant.

Last Agent to Sell the Property

Mike Nourmand

Nourmand & Associates-BH License #01281017 Listed on: 04/03/2014

Nourmand & Associates-BH

Co-Listed By

Adam Sires

Nourmand & Associates-BH License #01399199

Last Buyer's Agent

Melyssa Peters

Compass License #01453906

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,708

Year Built

  • Built in 1930

Lot Details

  • 6,403

Parking

  • 4 Car Detached Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Tile Roof

Interior Spaces

  • 3,903 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dryer

Kitchen

  • Oven or Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Outdoor Grill
  • 6,403 Sq Ft Lot

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5513-002-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,708

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 3903
  • Stories: 2
  • Year Built: 1930
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Equipment: Barbeque, Built-Ins, Cable, Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator
  • Price Per S Q F T: 473.74

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Tile
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Detached, Garage
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Value: 275659
  • Assessed Land Value: 551319
  • Assessor Parcel Number: 5513-002-023
  • Geocode Override: No
  • Lot Size Area: 6403

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2014
Closed on
May 30, 2014
Sold by
Perrell Marty
Bought by
Wilson Justin A and Mcallister Anne M
Seller's Agent
Mike Nourmand
Nourmand & Associates-BH
Buyer's Agent
Melyssa Peters
Compass
List Price
$1,849,000
Sold Price
$1,815,000
Premium/Discount to List
-$34,000
-1.84%
Current Estimated Value
$2,578,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$763,032
Avg. Annual Appreciation
3.11%
Original Mortgage
$565,000
Outstanding Balance
$415,939
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,162,093

Purchase Details

Closed on
Jun 12, 2007
Sold by
Perrell Marty D
Bought by
Perrell Marty and Marty Perrell 2007 Trust

Purchase Details

Closed on
Mar 20, 2002
Sold by
Eckley Patricia A and Eckley Gerald L
Bought by
Perrell Marty D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.75%
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
Wilson Justin A $1,815,000 First American Title Co
Perrell Marty -- None Available
Perrell Marty D $750,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Justin A $565,000
Previous Owner Perrell Marty D $600,000
Closed Perrell Marty D $74,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2014 06/04/14 Sold $1,815,000 -1.8% $465 / Sq Ft
04/21/2014 04/21/14 Pending -- -- --
04/03/2014 04/03/14 For Sale $1,849,000 -- $474 / 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 $26,708 $2,224,932 $1,028,863 $1,196,069
2024 $26,708 $2,181,307 $1,008,690 $1,172,617
2023 $26,193 $2,138,537 $988,912 $1,149,625
2022 $24,976 $2,096,606 $969,522 $1,127,084
2021 $24,663 $2,055,497 $950,512 $1,104,985
2019 $23,924 $1,994,531 $922,320 $1,072,211
2018 $23,759 $1,955,424 $904,236 $1,051,188
2016 $22,714 $1,879,494 $869,124 $1,010,370
2015 $22,380 $1,851,263 $856,069 $995,194
2014 $11,261 $903,828 $602,553 $301,275
Source: Public Records

Agents Affiliated with this Home

  • Mike Nourmand

    Seller's Agent in 2014

    Mike Nourmand

    Nourmand & Associates-BH

    (310) 666-3294

    2 in this area

    109 Total Sales

    Mike Nourmand
    Section Image
  • Adam Sires

    Seller Co-Listing Agent in 2014

    Adam Sires

    Nourmand & Associates-BH

    (310) 274-4000

    1 in this area

    75 Total Sales

    Adam Sires
    Section Image

  • M

    Buyer's Agent in 2014

    Melyssa Peters

    Compass

    Section Image
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Map

Source: The MLS

MLS Number: 14-749235

The MLS

APN: 5513-002-023

California Los Angeles County Los Angeles 90036 Melrose

142 N Detroit St, Los Angeles, CA

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