NOT LISTED FOR SALE

Estimated Value: $617,876 - $737,000

4 Beds
3 Baths
1,684 Sq Ft
$403/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $440,000 $261 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $4,056/month

14 Days on Market

Highlights

  • Craftsman Architecture
  • Carpet
  • 1-Story Property
  • South Facing Home

About This Home

As of April 2019

2 on a lot fixer opportunity just south of downtown Los Angeles. Front house is a 3 bedroom 2 bath and rear house is a 1 bedroom 1 bath. Property is close to transportation lines, USC and all parts of DTLA. Previous tenant lived in the homefor close to 40 years. Front residence has large rooms, high ceilings, large windows and a welcoming front porch. The spacious rear yard can be entered from the back making it suitable for trucks and recreational vehicles. Fencing separates both homes giving each their own private backyard spaces. The possibilities are endless.

Last Agent to Sell the Property

Edy Roberts

Douglas Elliman of California, Inc. Listed on: 03/27/2019

Last Buyer's Agent

Cyrus Raoufpur

Cyrus Raoufpur License #01256971

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1903

Lot Details

  • 5,684 Sq Ft Lot
  • No Common Walls
  • South Facing Home

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Frame Construction
  • Stucco

Interior Spaces

  • 1-Story Property
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • On-Street Parking
  • Parking Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5119028010

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Architectural Style: Craftsman
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Parcel Number: 5119028010
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Levels: One

Exterior Features

  • Direction Faces: South
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Parking Space, Street

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5684.00
  • Lot Size Acres: 0.1300

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 5684.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Zollelhyan Dror and Zollelhyan Ronit
Bought by
Dror & Ronit Zollelhyan Trust
Current Estimated Value
$679,219

Purchase Details

Listed on
Mar 27, 2019
Closed on
May 2, 2019
Sold by
Hakaldan Joshua R
Bought by
Zollelhyan Dror and Zollelhyan Ronit
Seller's Agent
Edy Roberts
Douglas Elliman of California, Inc.
Buyer's Agent
Cyrus Raoufpur
Cyrus Raoufpur
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%

Purchase Details

Listed on
Mar 27, 2019
Closed on
Apr 18, 2019
Sold by
The Michail Family Trust
Bought by
Hakakian Joshua R
Seller's Agent
Edy Roberts
Douglas Elliman of California, Inc.
Buyer's Agent
Cyrus Raoufpur
Cyrus Raoufpur
List Price
$425,000
Sold Price
$440,000
Premium/Discount to List
$15,000
3.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dror & Ronit Zollelhyan Trust -- --
Zollelhyan Dror $440,000 Chicago Title Company
Hakakian Joshua R $440,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2019 04/30/19 Sold $440,000 +3.5% $261 / Sq Ft
04/10/2019 04/10/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $425,000 -- $252 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,090 $490,824 $407,163 $83,661
2024 $6,090 $481,201 $399,180 $82,021
2023 $5,976 $471,766 $391,353 $80,413
2022 $5,702 $462,517 $383,680 $78,837
2021 $5,628 $453,449 $376,157 $77,292
2020 $5,681 $448,800 $372,300 $76,500
2019 $613 $27,076 $14,881 $12,195
2018 $547 $26,546 $14,590 $11,956
2016 $505 $25,517 $14,024 $11,493
2015 $500 $25,135 $13,814 $11,321
2014 $517 $24,644 $13,544 $11,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819001322

Pasadena-Foothills Association of REALTORS®

APN: 5119-028-010