NOT LISTED FOR SALE

Estimated Value: $1,961,000 - $2,478,868

4 Beds
2 Baths
2,689 Sq Ft
$803/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $1,940,000 $721 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $12,420/month

106 Days on Market

Highlights

  • 24-Hour Security
  • Gated Parking
  • Dual Staircase
  • Canfield Avenue Elementary Rated A-
  • City Lights View
  • Fireplace in Kitchen

About This Home

As of April 2024

Nestled in the sought-after Pico area, centrally located, walking distance to Beverly Hills, a short bike ride to Century City, The Grove and Culver City. This recently restored Spanish-style duplex at 1514-1516 S Crest Dr. stands out. The property boasts two separate units, each featuring 2 bedrooms and 1 bathroom. Notable for its appealing Spanish architecture, this duplex holds the potential for two additional ADU units at the rear. The property details include a total square footage of 2,689 sq ft and a lot size of 5,763 sq ft. This move-in-ready duplex is not only recently remodeled with a securely bolted foundation but also comes equipped with state-of-the-art appliances, including Thermador stoves, dishwashers, LG wash tower, and custom windows throughout. The combination of comfortable living spaces, classic architectural details, and modern amenities makes this duplex a truly unique find. Both units will be vacant by escrow. Also, the duplex includes Hardwood floors, high ceilings, and fireplaces grace both units. Separate breakfast rooms with built-ins, plus an upstairs laundry room with a small office. Completely walled-in private backyard. Finally, both units include HVAC systems (one of them was put within the last year)

Last Agent to Sell the Property

Jacob Hausman

The RFC Group License #01124558 Listed on: 11/26/2023

Co-Listed By

noah zeev

The RFC Group License #02216109

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,113

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 5,763 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 3 Open Parking Spaces
  • Garage Door Opener
  • Driveway
  • Gated Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Spanish Architecture
  • Split Level Home
  • Flat Roof Shape
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,689 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Shutters
  • Custom Window Coverings
  • Blinds
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Cooling System Powered By Gas
  • Vented Exhaust Fan
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street
  • Satellite Dish
  • Cable TV Available

Additional Features

  • ADA Compliant
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 4305-012-009

Community Details

Overview

  • Association fees include alarm system
  • 2 Units

Security

  • 24-Hour Security

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,113

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Multi/Split
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Entry Location: Living Room
  • Living Area: 2689
  • Lot Acreage: 0.1323
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1929
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases, Built-Ins
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 2
  • Fireplace Rooms: Living Room, Gas and Wood, Kitchen
  • Flooring: Hardwood
  • Appliances: Cooktop - Gas, Gas/Electric Range, Oven, Oven-Gas, Gas
  • Bedrooms: 4
  • Common Walls: Attached
  • Bathroom Features: Remodeled, Shower and Tub, Linen Closet, Shower Over Tub
  • Dining Room: 0
  • Family Room: 1
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area, Laundry Closet Stacked
  • Laundry Equipment: Own
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Cable, Built-Ins, Gas Or Electric Dryer Hookup, Hood Fan, Range/Oven, Gas Dryer Hookup, Alarm System, Freezer, Refrigerator, Vented Exhaust Fan, Washer, Water Line to Refrigerator
  • Inclusions: Stainless steel appliances(Miele refrigerator) Thermador stove and dishwasher, LG Washer Tower, Custom Bookcases
  • Price Per S Q F T: 799.55
  • Windows: Custom Window Covering, Mini Blinds, Window Blinds, Window Shutters

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: None
  • Patio: Enclosed
  • Paved: Yes
  • Roof: Clay, Flat
  • View: Mountains, City Lights, City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Driveway, Door Opener, Garage Is Detached, Gated

Utilities

  • TV Svcs: Tv Satellite Dish
  • Volt 220: In Garage
  • Water Heater: Tankless, Water Heater Unit
  • Cooling: Air Conditioning, Electric, Gas, Central
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Security: Smoke Detector, Carbon Monoxide Detector(s), Fire and Smoke Detection System, 24 Hour
  • Sewer: In Street
  • Water: District, Public
  • Water Heaters: Yes

Condo/Co-op/Association

  • Association Fees Include: Alarm System

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 24.75
  • Assessed Improvement Value: 159663
  • Assessed Land Percent: 75.25
  • Assessed Land Value: 485407
  • Total Assessed Value: 645070
  • Assessor Parcel Number: 4305-012-009
  • Lot Description: 2-4 Lots, Fenced Yard, Gutters, Front Yard, Landscaped, Back Yard
  • Lot Location: City
  • Lot Size Area: 5763

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: two story
  • Vacancy Rate: 0

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2023
Closed on
Mar 16, 2024
Sold by
Gutman William Z and Gutman Dori
Bought by
Howard Crest Llc
Seller's Agent
Jacob Hausman
The RFC Group
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,200,000
Sold Price
$1,940,000
Premium/Discount to List
-$260,000
-11.82%
Views
110
Current Estimated Value
$2,159,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,467
Avg. Annual Appreciation
2.26%

Purchase Details

Closed on
Jul 22, 2019
Sold by
Gutman William Z and Gutman Dori
Bought by
Gutman William Z and Gutman Dori

Purchase Details

Closed on
Apr 1, 2016
Sold by
Gutman William Z
Bought by
Gutman William Z and William Z Gutman Living Trust

Purchase Details

Closed on
Nov 4, 2015
Sold by
Gutman Dori
Bought by
Gutman Dori and Dori Gutman Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 26, 2015
Sold by
Gutman William Z
Bought by
Gutman William Z and Gutman Dori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2003
Sold by
Gutman Kramer Dora and Gutman William Z
Bought by
Gutman William Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2001
Sold by
Gutman Kramer Dora
Bought by
Gutman Kramer Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
7.15%

Purchase Details

Closed on
May 8, 1996
Sold by
Gutman William Z
Bought by
Gutman Kramer Dora

Purchase Details

Closed on
Dec 7, 1995
Sold by
Gutman Kramer Dora
Bought by
Gutman Kramer Dora and Gutman William Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.87%

Purchase Details

Closed on
Aug 7, 1995
Sold by
Marcussen Catherine Marie
Bought by
Marcussen Steven E

Purchase Details

Closed on
Aug 7, 1994
Sold by
Lichterman John and Lichterman Ellen
Bought by
Gutman Kramer Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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Average Value
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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
Howard Crest Llc $1,940,000 Monarch Title
Gutman William Z -- None Available
Gutman William Z -- None Available
Gutman Dori -- None Available
Gutman William Z -- Fidelity National Title
Gutman William Z -- Gateway Title Company
Gutman Kramer Dora -- Southland Title Corporation
Gutman Kramer Dora -- --
Gutman Kramer Dora -- Chicago Title
Marcussen Steven E -- Chicago Title
Gutman Kramer Dora $404,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gutman William Z $25,000
Previous Owner Gutman William Z $537,000
Previous Owner Gutman Dori $534,500
Previous Owner Gutman William Z $100,000
Previous Owner Gutman William Z $509,000
Previous Owner Gutman William Z $533,750
Previous Owner Gutman William Z $533,750
Previous Owner Gutman William Z $250,000
Previous Owner Gutman William Z $28,000
Previous Owner Gutman William Z $357,000
Previous Owner Gutman Kramer Dora $335,000
Previous Owner Gutman Kramer Dora $300,000
Previous Owner Gutman Kramer Dora $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $1,940,000 -9.8% $721 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
02/02/2024 02/02/24 Price Changed $2,150,000 -2.3% $800 / Sq Ft
11/26/2023 11/26/23 For Sale $2,200,000 -- $818 / 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 $8,113 $1,978,800 $1,385,160 $593,640
2024 $8,113 $657,971 $495,115 $162,856
2023 $7,960 $645,070 $485,407 $159,663
2022 $7,597 $632,423 $475,890 $156,533
2021 $7,488 $620,023 $466,559 $153,464
2019 $11,519 $964,499 $756,959 $207,540
2018 $11,433 $945,597 $742,117 $203,480
2016 $10,917 $908,456 $713,300 $195,156
2015 $6,829 $558,423 $420,204 $138,219
2014 $6,861 $547,485 $411,973 $135,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-331649

The MLS

APN: 4305-012-009