NOT LISTED FOR SALE

1500 Arapahoe St Los Angeles, CA 90006

Pico-Union Neighborhood

Estimated Value: $1,224,536 - $1,468,000

4 Beds
2 Baths
2,346 Sq Ft
$583/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $1,045,000 $445 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,588/month

66 Days on Market

Highlights

  • Detached Guest House
  • City View
  • Granite Countertops
  • Garage Apartment
  • Victorian Architecture
  • No HOA

About This Home

As of February 2021

Location! Location! Location! First time on the market in over 40 years, this single-family home with two additional units and lot size over 7,600 sq ft, zoned LARD 1.5, located in a TOC2 Zone and has endless potential and possibilities. With 4 bedrooms and 2 bathrooms, this craftsman victorian home has a large entryway ,full living room and a separate dining room that is currently used as an office. Upstairs there are three large bedrooms. The Master bedroom has a large walk-in closet and the second bedroom has a private balcony attached. To add an extra bonus, there is plenty of attic storage. With its own private entrance, there is an attached one-bedroom unpermitted unit completely updated. Truly a great investment opportunity for anyone to get into the Mid-Los Angeles Community.

Last Agent to Sell the Property

Melissa Theodule

Orion Real Estate License #02003190 Listed on: 11/20/2020

Co-Listed By

Ej Hawkins

Radius Agent Realty License #01339756

Last Buyer's Agent

Gabriel Matias

Century 21 A Better Service License #02010769

Century 21 A Better Service

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,706

Year Built

  • Built in 1902

Lot Details

  • 7,603 Sq Ft Lot
  • Lot Dimensions are 60x127
  • Property is zoned LARD1.5

Home Design

  • Victorian Architecture

Interior Spaces

  • 2,346 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family Room
  • Dining Room
  • Den
  • City Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport
  • Garage Apartment

Additional Features

  • Detached Guest House
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5056-009-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,706

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Victorian
  • Street Number Display: Yes
  • Living Area: 2346
  • Lot Acreage: 0.1745
  • Lot Dimensions: 60x127
  • Probate: No
  • Stories: 2
  • Year Built: 1902
  • Number Of Photos: 42
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Range/Oven, Washer, Dryer, Refrigerator, Hood Fan, Dishwasher
  • Price Per S Q F T: 511.51

Exterior Features

  • Other Structures: None
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: Walk Street, City
  • View: Yes

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 1

Utilities

  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5056-009-004
  • Lot Size Area: 7603

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2022
Sold by
Berk Amarith Llc
Bought by
1500 Arapahoe Llc
Current Estimated Value
$1,366,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,275,000
Outstanding Balance
$2,175,145
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
-$810,598

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 27, 2021
Sold by
Mendoza William
Bought by
Berk Amarith Llc
Seller's Agent
Melissa Theodule
Orion Real Estate
Buyer's Agent
Gabriel Matias
Century 21 A Better Service
List Price
$1,300,000
Sold Price
$1,045,000
Premium/Discount to List
-$255,000
-19.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
Original Mortgage
$868,000
Interest Rate
2.7%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 23, 2019
Sold by
Mendoza Esteban and Mendoza William
Bought by
Mendoza William

Purchase Details

Closed on
Jul 22, 2015
Sold by
Mendoza Esteban
Bought by
Mendoza Esteban and Mendoza William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,685
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2008
Sold by
Mendoza Esteban and Mendoza William
Bought by
The Esteban Mendoza 2008 Revocable Trust

Purchase Details

Closed on
Jun 26, 2007
Sold by
Mendoza Esteban
Bought by
Mendoza Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,700
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2007
Sold by
Mendoza William
Bought by
Mendoza Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,700
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2005
Sold by
Mendoza Esteban and Mendoza William
Bought by
Mendoza Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2001
Sold by
Mendoza Esteban
Bought by
Mendoza Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.39%

Purchase Details

Closed on
Nov 28, 2001
Sold by
Mendoza Esteban and Cruz Gladys
Bought by
Mendoza Esteban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.39%

Purchase Details

Closed on
Aug 29, 1995
Sold by
Mendoza Ana G
Bought by
Mendoza Esteban
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
1500 Arapahoe Llc -- Accommodation/Courtesy Recordi
Berk Amarith Llc $1,045,000 Lawyers Title
Mendoza William -- None Available
Mendoza Esteban -- Usa National Title Co
The Esteban Mendoza 2008 Revocable Trust -- None Available
Mendoza Esteban -- Ticor Title Company
Mendoza Esteban -- Ticor Title Company
Mendoza Esteban -- American Coast Title Company
Mendoza Esteban -- --
Mendoza Esteban -- Old Republic Title Company
Mendoza Esteban -- --
Mendoz Esteban -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1500 Arapahoe Llc $150,000
Open 1500 Arapahoe Llc $2,275,000
Previous Owner Berk Amarith Llc $2,225,000
Previous Owner Berk Amarith Llc $868,000
Previous Owner Mendoza Esteban $440,000
Previous Owner Mendoza Esteban $387,675
Previous Owner Mendoza Esteban $388,685
Previous Owner Mendoza Esteban $426,700
Previous Owner Mendoza Esteban $50,000
Previous Owner Mendoza Esteban $359,000
Previous Owner Mendoza Esteban $258,501
Previous Owner Mendoza Esteban $199,800
Previous Owner Mendoza Esteban $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $1,045,000 -12.9% $445 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
12/18/2020 12/18/20 Price Changed $1,200,000 -7.7% $512 / Sq Ft
11/20/2020 11/20/20 For Sale $1,300,000 -- $554 / 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 $13,706 $1,131,138 $904,912 $226,226
2024 $13,706 $1,108,960 $887,169 $221,791
2023 $13,446 $1,087,217 $869,774 $217,443
2022 $12,827 $1,065,900 $852,720 $213,180
2021 $3,833 $293,562 $202,284 $91,278
2020 $3,867 $290,553 $200,210 $90,343
2019 $3,725 $284,857 $196,285 $88,572
2018 $3,635 $279,273 $192,437 $86,836
2016 $3,459 $268,430 $184,965 $83,465
2015 $3,411 $264,399 $182,187 $82,212
2014 $3,433 $259,221 $178,619 $80,602
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Melissa Theodule

    Orion Real Estate

    Section Image

  • E

    Seller Co-Listing Agent in 2021

    Ej Hawkins

    Radius Agent Realty

    Section Image
  • Gabriel Matias

    Buyer's Agent in 2021

    Gabriel Matias

    Century 21 A Better Service

    (562) 806-1000

    1 in this area

    25 Total Sales

    Gabriel Matias
    Section Image
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Map

Source: The MLS

MLS Number: 20-661938

The MLS

APN: 5056-009-004

California Los Angeles County Los Angeles 90006 Pico-Union

1500 Arapahoe St, Los Angeles, CA

This home is located at 1500 Arapahoe St, Los Angeles, CA 90006 since 20 November 2020 and is currently estimated at $1,366,634, approximately $582 per square foot. This property was built in 1902. 1500 Arapahoe St is a home located in Los Angeles County with nearby schools including Magnolia Avenue Elementary School, Berendo Middle, and West Adams Preparatory High School.

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