NOT LISTED FOR SALE

Estimated Value: $998,000 - $1,134,146

2 Beds
1 Bath
800 Sq Ft
$1,337/Sq Ft Est. Value

Last Sold August 15, 2023

Last sale price $1,025,000 $1,281 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,859/month

25 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Enclosed Patio or Porch
  • Wood Flooring
  • No HOA
  • Built-In Features

About This Home

As of August 2023

Experience the allure of this Spanish bungalow in Los Angeles' desirable Picfair Village. This 2-bedroom, 1-bathroom home, plus detached studio, spans approximately 800 square feet, offering a cozy retreat with a stylish touch. Step into the living area with hardwood floors and ample natural light. The kitchen impresses with wooden cabinetry, tiled backsplash, and stainless-steel appliances. Both bedrooms provide comfort and privacy. The bathroom boasts sleek fixtures and a tiled shower. The converted garage studio creates a perfect work-from-home space. Explore the vibrant neighborhood's local haunts, trendy cafes, boutiques, and renowned restaurants. Nearby attractions include LACMA and the Grove. Enjoy the private outdoor space for al fresco dining and relaxation. With its prime location, stylish charm, and proximity to the heart of LA, this property is a true gem. Don't miss out on the opportunity to call Picfair Village home.

Last Agent to Sell the Property

Jeff Lemen

Carolwood Estates License #01314776 Listed on: 06/23/2023

Carolwood Estates

Last Buyer's Agent

Levi Freeman

Nourmand & Associates-HW License #01926993

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,358

Year Built

  • Built in 1924

Lot Details

  • 2,452 Sq Ft Lot
  • Lot Dimensions are 45x54
  • Property is zoned LAR2

Home Design

  • Spanish Architecture

Interior Spaces

  • 800 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Studio bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 1 Open Parking Space
  • 1 Parking Space
  • Driveway

Additional Features

  • Enclosed Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5069-024-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,358

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: Experience the allure of this Spanish bungalow in Los Angeles' desirable Picfair Village. This 2-bedroom, 1-bathroom home, plus detached studio, spans approximately 800 square feet, offering a cozy retreat with a stylish touch. Step into the living area with hardwood floors and ample natural light. The kitchen impresses with wooden cabinetry, tiled backsplash, and stainless-steel appliances. Both bedrooms provide comfort and privacy. The bathroom boasts sleek fixtures and a tiled shower. The converted garage studio creates a perfect work-from-home space. Explore the vibrant neighborhood's local haunts, trendy cafes, boutiques, and renowned restaurants. Nearby attractions include LACMA and the Grove. Enjoy the private outdoor space for al fresco dining and relaxation. With its prime location, stylish charm, and proximity to the heart of LA, this property is a true gem.
  • Living Area: 800
  • Lot Acreage: 0.0563
  • Lot Dimensions: 45x54
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Wood, Tile
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1236.25

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 1
  • Parking Garage: Driveway, Uncovered
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5069-024-028
  • Lot Size Area: 2452

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Jul 14, 2023
Sold by
Tran Kelvin and Tran Daniella
Bought by
Brennan Maggie
Seller's Agent
Jeff Lemen
Carolwood Estates
Buyer's Agent
Levi Freeman
Nourmand & Associates-HW
List Price
$989,000
Sold Price
$1,025,000
Premium/Discount to List
$36,000
3.64%
Views
119
Current Estimated Value
$1,069,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,787
Avg. Annual Appreciation
4.04%
Original Mortgage
$726,200
Outstanding Balance
$710,063
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$400,389

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 13, 2019
Sold by
Kiar Kenneth Richard and Kenneth Richard Kiar Revocable
Bought by
Tran Kelvin and Kaiserman Daniella
Seller's Agent
Jeff Lemen
Carolwood Estates
Buyer's Agent
Kelly Griffiths
Compass
List Price
$739,000
Sold Price
$765,000
Premium/Discount to List
$26,000
3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.69%
Original Mortgage
$612,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2008
Sold by
Klar Kenneth R
Bought by
Klar Kenneth Richard and Kenneth Richard Klar Revocable Trust

Purchase Details

Closed on
Oct 6, 2006
Sold by
Kay Monique Andrea
Bought by
Klar Kenneth R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 29, 2002
Sold by
Haye Robert T
Bought by
Kay Monique Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
6.87%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 8, 1996
Sold by
Hud
Bought by
Haye Robert T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
7.88%

Purchase Details

Closed on
Apr 9, 1996
Sold by
Murdock Beverly L and Beverly Hills Securities Compa
Bought by
California Housing Finance Agency

Purchase Details

Closed on
Mar 29, 1996
Sold by
California Housing Finance Agency
Bought by
Hud

Purchase Details

Closed on
Feb 6, 1995
Sold by
Murdock Beverly L and Sanders William E
Bought by
Sanders William E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Brennan Maggie $1,025,000 Usa National Title
Tran Kelvin $765,000 Usa National Title Co
Klar Kenneth Richard -- None Available
Klar Kenneth R $599,000 North American Title
Kay Monique Andrea $245,000 Commonwealth Land Title Co
Haye Robert T $83,500 California Counties Title Co
California Housing Finance Agency $122,739 Fidelity National Title Ins
Hud -- Fidelity Title
Sanders William E $58,171 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brennan Maggie $726,200
Previous Owner Tran Kelvin $606,600
Previous Owner Tran Kelvin $612,000
Previous Owner Klar Kenneth Richard $487,500
Previous Owner Klar Kenneth R $479,200
Previous Owner Kay Monique Andrea $358,000
Previous Owner Kay Monique Andrea $62,000
Previous Owner Kay Monique Andrea $55,000
Previous Owner Kay Monique Andrea $301,600
Previous Owner Kay Monique Andrea $232,750
Previous Owner Haye Robert T $132,000
Previous Owner Haye Robert T $49,000
Previous Owner Haye Robert T $79,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $1,025,000 +3.6% $1,281 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $989,000 +29.3% $1,236 / Sq Ft
09/04/2019 09/04/19 Sold $765,000 +3.5% $1,063 / Sq Ft
08/01/2019 08/01/19 For Sale $739,000 0.0% $1,026 / Sq Ft
05/27/2014 05/27/14 Rented $2,600 0.0% --
05/27/2014 05/27/14 Under Contract -- -- --
05/14/2014 05/14/14 For Rent $2,600 -- --
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 $12,358 $1,045,500 $836,400 $209,100
2024 $12,358 $1,025,000 $820,000 $205,000
2023 $9,710 $804,149 $643,320 $160,829
2022 $9,256 $788,382 $630,706 $157,676
2021 $9,142 $772,925 $618,340 $154,585
2019 $8,587 $719,415 $575,537 $143,878
2018 $8,556 $705,309 $564,252 $141,057
2016 $7,505 $623,300 $434,100 $189,200
2015 $6,702 $560,000 $390,000 $170,000
2014 $6,861 $560,000 $390,000 $170,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 23-284283

The MLS

APN: 5069-024-028