NOT LISTED FOR SALE

1532 N Commonwealth Ave Los Angeles, CA 90027

Los Feliz Neighborhood

Estimated Value: $1,514,000 - $2,513,000

4 Beds
4 Baths
3,064 Sq Ft
$652/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $950,000 $310 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $11,787/month

10 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Park or Greenbelt View
  • John Marshall Senior High Rated A

About This Home

As of May 2013

Sought after Character Los Feliz Village 20's Spanish fourplex with two units that will be vacant at the close of escrow. The property is gated and had four garages and sits on a generous lot. From the upper units there are peek a boo views of the observatory and the Hollywood Sign. There are hardwood floors in the units and washer and dryer hook-ups. The property needs some tender loving care but could be the jewel of the neighborhood.

Last Agent to Sell the Property

Michael Rasky

Sotheby's International Realty License #01280114 Listed on: 03/23/2013

Last Buyer's Agent

Stephen Placial

Keller Williams Realty Los Feliz License #01111666

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,254

Year Built

  • Built in 1923

Lot Details

  • 6,899

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Spanish Architecture

Interior Spaces

  • 3,064 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Park or Greenbelt Views
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,899 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5542-008-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,254

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3064
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 293.41

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Green Belt
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Value: 41945
  • Assessed Land Value: 184328
  • Assessor Parcel Number: 5542-008-007
  • Geocode Override: No
  • Lot Size Area: 6899

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Rent Control: 50
  • Total Annual Expense: 0
  • Type Of Units: fourplex
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2013
Closed on
May 1, 2013
Sold by
Dragomir Veronel
Bought by
Parisi Joseph J and Parisi Tamara D
Seller's Agent
Michael Rasky
Sotheby's International Realty
Buyer's Agent
Stephen Placial
Keller Williams Realty Los Feliz
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Current Estimated Value
$1,999,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,049,125
Avg. Annual Appreciation
6.18%
Original Mortgage
$712,500
Outstanding Balance
$586,494
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,412,631

Purchase Details

Closed on
Apr 20, 1998
Sold by
Dragomir Veronel
Bought by
Dragomir Veronel

Purchase Details

Closed on
Jun 13, 1995
Sold by
Parker Victor E and California Federal Bank
Bought by
Berkeley Federal Bank & Trust Fsb
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
Parisi Joseph J $950,009 Lawyers Title Company
Dragomir Veronel -- --
Berkeley Federal Bank & Trust Fsb $191,514 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parisi Joseph J $712,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2013 05/17/13 Sold $950,000 +5.7% $310 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
03/23/2013 03/23/13 For Sale $899,000 -- $293 / 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 $14,254 $1,169,846 $800,423 $369,423
2024 $14,254 $1,146,909 $784,729 $362,180
2023 $13,981 $1,124,422 $769,343 $355,079
2022 $13,335 $1,102,375 $754,258 $348,117
2021 $13,165 $1,080,761 $739,469 $341,292
2019 $12,774 $1,049,087 $717,537 $331,550
2018 $12,658 $1,028,525 $703,468 $325,057
2016 $12,089 $988,222 $676,152 $312,070
2015 $11,914 $973,379 $665,996 $307,383
2014 $11,972 $954,313 $652,951 $301,362
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2013

    Michael Rasky

    Sotheby's International Realty

  • Stephen Placial

    Buyer's Agent in 2013

    Stephen Placial

    Keller Williams Realty Los Feliz

    (323) 854-7355

    31 Total Sales

    Stephen Placial
    Section Image
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Map

Source: The MLS

MLS Number: 13-660037

The MLS

APN: 5542-008-007

California Los Angeles County Los Angeles 90027 Los Feliz

1532 N Commonwealth Ave, Los Angeles, CA

This home is located at 1532 N Commonwealth Ave, Los Angeles, CA 90027 since 23 March 2013 and is currently estimated at $1,999,125, approximately $652 per square foot. This property was built in 1923. 1532 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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