NOT LISTED FOR SALE

1501 N Commonwealth Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,447,000 - $2,406,000

4 Beds
4 Baths
2,810 Sq Ft
$667/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $1,450,000 $516 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $11,532/month

94 Days on Market

About This Home

As of November 2019

Offering pride of ownership and terrific income potential, this handsome Spanish-style fourplex is situated on a sunny corner lot in prime Los Feliz. There are two detached plus two side-by-side units, each providing one bedroom, one bathroom, a front porch and small side yard. Nicely proportioned and rich in character, the apartment units have many original design details intact including arched pass-throughs and decorative molding. Flooring surfaces vary and include wood, tile and linoleum. The well-kept property is beautifully landscaped with drought-tolerant plantings. A pair of garages can be used for vehicles or storage. This desirable location places you around the corner from the historic Vista theater and all of Los Feliz Village, a lively scene of boutiques, dining, coffee houses and nightlife. Silver Lake's trendy Sunset Junction is nearby, along with the hiking trails of Griffith Park. Commuters enjoy quick access to the Metro station and several freeways.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 05/16/2019

Coldwell Banker Realty

Co-Listed By

Melinda Rae

Coldwell Banker Realty License #02011155

Last Buyer's Agent

Ari Wintraub

Sotheby's International Realty License #01943483

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,134

Year Built

  • Built in 1922

Lot Details

  • 5,801 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 2,810 Sq Ft Home
  • Quadruplex

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5542-007-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,134

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 2810
  • Year Built: 1922
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Refrigerator, Washer
  • Price Per S Q F T: 524.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Wall
  • Water Expense: 1050.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1400.00
  • Trash Expense: 1050.00

Lot Info

  • Assessed Improvement Value: 325000
  • Assessed Land Value: 975000
  • Assessor Parcel Number: 5542-007-025
  • Geocode Override: No
  • Lot Size Area: 5801

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.17
  • Number Of Units: 4
  • Total Annual Expense: 17000
  • Type Of Units: FOURPLEX
  • Vacancy Rate: 0%

Tax Info

  • Tax Expense: 13000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2019
Closed on
Oct 18, 2019
Sold by
Robertson Sandy
Bought by
Manning Nancy and Nancy Ellen Manning Living Trust
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Ari Wintraub
Sotheby's International Realty
List Price
$1,680,000
Sold Price
$1,450,000
Premium/Discount to List
-$230,000
-13.69%
Current Estimated Value
$1,874,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,357
Avg. Annual Appreciation
4.45%

Purchase Details

Listed on
Aug 29, 2016
Closed on
Sep 19, 2016
Sold by
Saldana Francis and Saldana Reginal
Bought by
Rutland Christian B and Christian B Rutland Trust Of 2
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Tracy Do
Coldwell Banker Realty
List Price
$1,299,000
Sold Price
$1,300,000
Premium/Discount to List
$1,000
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$974,250
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2007
Sold by
Devera Delfin D and De Vera Neriza T
Bought by
Saldana Francis and Saldana Reginal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
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
Manning Nancy $1,450,000 Provident Title Company
Rutland Christian B $1,300,000 California Title Company
Saldana Francis $770,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rutland Christian B $974,250
Previous Owner Saldana Francis $693,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2019 11/20/19 Sold $1,450,000 -1.7% $516 / Sq Ft
08/01/2019 08/01/19 Price Changed $1,475,000 -4.8% $525 / Sq Ft
07/15/2019 07/15/19 Price Changed $1,549,000 -1.7% $551 / Sq Ft
06/17/2019 06/17/19 Price Changed $1,575,000 -6.3% $560 / Sq Ft
05/16/2019 05/16/19 For Sale $1,680,000 0.0% $598 / Sq Ft
11/19/2018 11/19/18 Rented $2,160 -20.0% --
11/10/2018 11/10/18 Under Contract -- -- --
11/02/2018 11/02/18 Price Changed $2,700 -5.3% $3 / Sq Ft
10/12/2018 10/12/18 For Rent $2,850 0.0% --
02/23/2017 02/23/17 Rented $2,850 0.0% --
02/11/2017 02/11/17 Under Contract -- -- --
02/08/2017 02/08/17 For Rent $2,850 0.0% --
10/17/2016 10/17/16 Sold $1,300,000 +0.1% $463 / Sq Ft View Prior Sale
09/08/2016 09/08/16 Pending -- -- --
08/29/2016 08/29/16 For Sale $1,299,000 -- $462 / 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 $19,134 $1,585,782 $1,203,008 $382,774
2024 $19,134 $1,554,689 $1,179,420 $375,269
2023 $18,764 $1,524,206 $1,156,295 $367,911
2022 $17,892 $1,494,321 $1,133,623 $360,698
2021 $17,671 $1,465,022 $1,111,396 $353,626
2020 $17,852 $1,450,000 $1,100,000 $350,000
2019 $16,332 $1,352,520 $1,014,390 $338,130
2018 $16,198 $1,326,000 $994,500 $331,500
2016 $10,476 $854,374 $554,789 $299,585
2015 $10,324 $841,541 $546,456 $295,085
2014 $10,377 $825,057 $535,752 $289,305
Source: Public Records

Agents Affiliated with this Home

  • Tracy Do

    Seller's Agent in 2019

    Tracy Do

    Coldwell Banker Realty

    (323) 842-4001

    34 in this area

    835 Total Sales

    Tracy Do
    Section Image
  • Melinda Rae

    Seller Co-Listing Agent in 2019

    Melinda Rae

    Coldwell Banker Realty

    (323) 819-0567

    5 in this area

    117 Total Sales

    Melinda Rae
    Section Image
  • Ari Wintraub

    Buyer's Agent in 2019

    Ari Wintraub

    Sotheby's International Realty

    (310) 428-5045

    1 in this area

    73 Total Sales

    Ari Wintraub
    Section Image

  • T

    Seller Co-Listing Agent in 2017

    Taylor Morphy

    The Agency

    Section Image
  • Eva Rose Berges

    Seller Co-Listing Agent in 2016

    Eva Rose Berges

    Coldwell Banker Realty

    (562) 912-5520

    4 in this area

    76 Total Sales

    Eva Rose Berges
    Section Image
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Map

Source: The MLS

MLS Number: 19-466282

The MLS

APN: 5542-007-025

California Los Angeles County Los Angeles 90027 Los Feliz

1501 N Commonwealth Ave, Los Angeles, CA

This home is located at 1501 N Commonwealth Ave, Los Angeles, CA 90027 since 16 May 2019 and is currently estimated at $1,874,357, approximately $667 per square foot. This property was built in 1922. 1501 N Commonwealth Ave is a home located in Los Angeles County with nearby schools including Los Feliz STEMM Magnet, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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