$625,000
SOLD MAY 30, 2025
2 Beds
1 Bath
1,348 Sq Ft
5,895 Sq Ft Lot

Recently Sold

$464 Per Sq Ft

20% Below List Price

122 Days on Market

Highlights

  • No HOA
  • Heating Available
  • 1-Story Property
  • Laundry Room

About This Home

As of May 2025

Don’t miss out on this exceptional investment opportunity in a prime downtown Los Angeles location! This property is just a 12-minute walk from the University of Southern California, a 10-minute walk from Crypto.com Arena, and 500 meters from the 10 Freeway, with easy access to the 110 Freeway. Situated in the heart of downtown, it offers unparalleled convenience to major attractions and transportation hubs. This property is being sold as-is. If you’re ready to seize this opportunity, let’s proceed!

Last Agent to Sell the Property

Raul Escresa

AMBERWOOD REAL ESTATE, INC. License #02150447 Listed on: 01/10/2025

Last Buyer's Agent

Raul Escresa

AMBERWOOD REAL ESTATE, INC. License #02150447 Listed on: 01/10/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,833

Year Built

  • Built in 1903

Lot Details

  • 5,895 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LARD2

Parking

  • 1 Car Garage
  • 4 Carport Spaces

Interior Spaces

  • 1,348 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Urban Location
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 23 / 10
  • Tax Tract Number 23
  • Assessor Parcel Number 5055001020
  • $286 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,833

Year Built

Built in 1903

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5055001020
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1348.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 463.65
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 4.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

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: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5895.00
  • Lot Size Acres: 0.1353

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5895.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 10
  • Tax Census Tract: 2217.10
  • Tax Lot: 23
  • Tax Tract Number: 23
  • TaxOtherAnnualAssessmentAmount: 286.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2025
Closed on
May 28, 2025
Sold by
Journey Investments Inc
Bought by
Elata Investments Llc
Seller's Agent
Raul Escresa
AMBERWOOD REAL ESTATE, INC.
Buyer's Agent
Raul Escresa
AMBERWOOD REAL ESTATE, INC.
List Price
$780,000
Sold Price
$625,000
Premium/Discount to List
-$155,000
-19.87%
Views
146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2024.27%
Original Mortgage
$512,000
Outstanding Balance
$512,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$262,078

Purchase Details

Listed on
Jan 10, 2025
Closed on
Apr 23, 2025
Sold by
Gerundio S Franco Living Trust and Maria Concepcion F Sevilla Living Trust
Bought by
Journey Investments Inc
Seller's Agent
Raul Escresa
AMBERWOOD REAL ESTATE, INC.
Buyer's Agent
Raul Escresa
AMBERWOOD REAL ESTATE, INC.
List Price
$780,000
Sold Price
$625,000
Premium/Discount to List
-$155,000
-19.87%
Views
146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Outstanding Balance
$512,000
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$262,078

Purchase Details

Closed on
Apr 6, 2016
Sold by
Franco Gerundio S
Bought by
Franco Gerundio S and Gerundio S Franco Living Trust

Purchase Details

Closed on
Feb 3, 2016
Sold by
Sevilla Maria Concepcion F
Bought by
Sevilla Maria Concepcion F and Maria Concepcion F Seviha Trust

Purchase Details

Closed on
Apr 27, 2010
Sold by
Sevilla Maria Concepcion F and Sevilla Bienvenida F
Bought by
Sevilla Maria Concepcion F and Maria Concepcion F Sevilla Trust
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $640,000 Orange Coast Title Company
Grant Deed $625,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $512,000 New Conventional
Closed $512,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $625,000 -19.9% $464 / Sq Ft
01/10/2025 01/10/25 For Sale $780,000 -- $579 / 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
2024 $3,833 $302,934 $203,538 $99,396
2023 $3,765 $296,996 $199,548 $97,448
2022 $3,598 $291,174 $195,636 $95,538
2021 $3,545 $285,465 $191,800 $93,665
2019 $3,441 $277,000 $186,112 $90,888
2018 $3,376 $271,569 $182,463 $89,106
2016 $3,219 $261,026 $175,379 $85,647
2015 $2,296 $183,538 $128,484 $55,054
2014 $2,312 $179,944 $125,968 $53,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25006521

California Regional Multiple Listing Service (CRMLS)

APN: 5055-001-020