NOT LISTED FOR SALE

Estimated Value: $1,392,000 - $1,604,000

3 Beds
1 Bath
355 Sq Ft
$4,165/Sq Ft Est. Value

Highlights

  • Solar Power System
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Modern Architecture
  • Front Porch
  • Patio

About This Home

As of June 2023

Prime Location! Move in today. Will NOT last! A newly built ADU right in Picfair Village. Feels likes a home with all the modern amenities! Architecture and floor plan makes the ADU feel more spacious than its actual square footage. Drought-tolerant landscaping, front porch, and front yard area are perfect for relaxing and Al Fresco dining at home! Conveniently located near popular restaurants, coffee shops & other retail establishments on West 3rd street. Great access to The Grove, Petersen Automotive Museum, LACMA, The Beverly Center, Rodeo Drive, & Melrose Avenue! Street Parking only.


Pets are allowed. Petscreening is administered by Petscreening.com.

Last Agent to Rent the Property

Edward McShan II

Real Property Management Generations License #01819125 Listed on: 05/13/2023

Last Renter's Agent

Edward McShan II

Real Property Management Generations License #01819125 Listed on: 05/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,406

Year Built

  • Built in 2021

Lot Details

  • 5,425 Sq Ft Lot
  • No Common Walls
  • East Facing Home
  • Security Fence
  • Privacy Fence
  • Fence is in excellent condition

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Modern Architecture
  • Entry on the 1st floor
  • Studio
  • No Roof

Interior Spaces

  • 355 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Recessed Lighting
  • Vinyl Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Electric Cooktop
  • Microwave
  • Laminate Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Eco-Friendly Details

  • Energy-Efficient Construction
  • ENERGY STAR Qualified Equipment for Heating
  • Solar Power System

Outdoor Features

  • Patio
  • Front Porch

Location

  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Security Deposit $3,000
  • 12-Month Minimum Lease Term
  • Available 5/13/23
  • Legal Lot and Block 4 / 3
  • Tax Tract Number 3983
  • Assessor Parcel Number 5069012005

Community Details

Overview

  • No Home Owners Association

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,406

Year Built

Built in 2021

Lot Details

0

Rental Info

  • Available Date: 2023-05-13
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3000
  • Furnished: Partially
  • Pets Allowed: Cats OK, Dogs OK

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • View: No
  • Zoning: LAR2
  • Architectural Style: Modern
  • Property Sub Type: Studio
  • Property Type: Residential Lease
  • Parcel Number: 5069012005
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 355.00 Square Feet
  • Interior Amenities: Partially Furnished, Recessed Lighting
  • Stories: 1
  • Entry Location: Side of main house
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 5.21
  • Bathroom Features: Shower
  • Room Kitchen Features: Laminate Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Fence: Yes
  • Fencing: Excellent Condition, Privacy, Security
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: None
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: ENERGY STAR Qualified Equipment
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Los Angeles Unified

Green Features

  • Efficiency: Construction
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 5425.00
  • Lot Size Acres: 0.1245

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, 6 Months, Month To Month
  • Lot Size Area: 5425.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 3
  • Tax Census Tract: 2169.01
  • Tax Lot: 4
  • Tax Tract Number: 3983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2017
Sold by
Avila Stephanie
Bought by
Stephanie Avila Living Trust
Current Estimated Value
$1,478,667

Purchase Details

Closed on
May 11, 2017
Sold by
Avila Stephanie
Bought by
Avila Stephanie
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
Stephanie Avila Living Trust -- None Available
Avila Stephanie -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2023 06/27/23 Rented $1,850 -7.5% --
06/22/2023 06/22/23 Under Contract -- -- --
06/09/2023 06/09/23 Price Changed $1,999 -4.8% $6 / Sq Ft
05/30/2023 05/30/23 Price Changed $2,100 -8.7% $6 / Sq Ft
05/25/2023 05/25/23 Price Changed $2,300 0.0% $6 / Sq Ft
05/18/2023 05/18/23 Price Changed $2,299 -4.2% $6 / Sq Ft
05/13/2023 05/13/23 For Rent $2,400 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,406 $604,878 $343,105 $261,773
2024 $7,406 $593,019 $336,378 $256,641
2023 $7,268 $581,392 $329,783 $251,609
2022 $6,937 $569,993 $323,317 $246,676
2021 $5,309 $431,027 $316,978 $114,049
2019 $5,264 $427,646 $307,577 $120,069
2018 $5,216 $419,262 $301,547 $117,715
2016 $7,610 $402,984 $289,839 $113,145
2015 $654 $46,666 $24,252 $22,414
2014 $667 $45,752 $23,777 $21,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23082815

California Regional Multiple Listing Service (CRMLS)

APN: 5069-012-005