NOT LISTED FOR SALE

1550 Micheltorena St Unit 1/4 Los Angeles, CA 90026

Estimated Value: $2,799,497 - $2,963,000

1 Bed
1 Bath
600 Sq Ft
7,405 Sq Ft Lot

Highlights

  • Automatic Gate
  • City Lights View
  • Spanish Architecture
  • John Marshall Senior High Rated A
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of October 2017

Top unit with 2 balconies. Completely rebuilt vintage property. - Automatic Gate, automatic pedestrian door. - Outdoor space. - Central HVAC, - Vintage light fixtures, - new solid Doug Fir cabinets and matching trim throughout. - Quarter sawn Oak flooring. Built-in Cabinets, Custom shelving in closets. - Antique looking glass retrofitted that refracts sunlight. - Custom stained glass in bath windows, - Vintage hardware and fixtures, - Subzero refrigerator, - Dishwasher, - washer/dryer in unit.- Tankless water heaters - O'Keefe and Merritt gas stove. - Private separate finished office at rear of property. Nest thermostats, Malibu style tiles, - Decorative Batchelder style faux fireplace. Available now. Property secure and private.

Last Agent to Rent the Property

Frank Barbano

Barbano Realty License #01380908 Listed on: 09/22/2017

Last Renter's Agent

Alexander Lerner

Compass License #01995931

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $36,163

Year Built

  • Built in 1923

Lot Details

  • 7,405

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Spanish Architecture

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Decorative Fireplace
  • Living Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Freezer
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Detached Carport Space
  • Driveway
  • Automatic Gate

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,500
  • Tenant pays for electricity, gas, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5425-002-025

Community Details

Amenities

  • Picnic Area
  • Community Storage Space

Additional Features

  • Low-Rise Condominium
  • Controlled Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$36,163

Year Built

Built in 1923

Lot Details

0

Rental Info

  • Security Deposit: 2500
  • Tenant Pays: Electricity, Gas, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 600
  • Probate: No
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 5.83

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City Lights, Peek-A-Boo
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Auto Driveway Gate, Carport Detached, Driveway - Pavers
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Amenities: Controlled Access, Extra Storage, Gated Parking, Picnic Area

Lot Info

  • Assessor Parcel Number: 5425-002-025
  • Geocode Override: No
  • Lot Size Area: 7500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2024
Sold by
Johnson Family Trust and Johnson Kenneth A
Bought by
1548 Michel Llc
Current Estimated Value
$2,881,249

Purchase Details

Closed on
Jul 2, 2024
Sold by
1548 Micheltorena Llc
Bought by
Johnson Family Trust and Johnson

Purchase Details

Closed on
Jun 26, 2023
Sold by
Barbano Frank Paul
Bought by
1548 Micheltorena Llc

Purchase Details

Closed on
May 25, 2016
Sold by
Adams Jean Porter and Porter Jean N
Bought by
Barbano Frank Paul

Purchase Details

Closed on
Jul 13, 2015
Sold by
Quevedo Agustina C and Sixto Quevedo B Trust
Bought by
Barbano Frank Paul and Porter Jean N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 21, 2015
Sold by
Adams Brandon T
Bought by
Porter Jean N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,075,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2013
Sold by
Quevedo Agustina C and The Sixto & Agustina Quevedo L
Bought by
Quevedo Agustina C and Sixto Quevedo B Trust

Purchase Details

Closed on
Dec 21, 2002
Sold by
Quevedo Sixto and Quevedo Agustina C
Bought by
Quevedo Sixto and Quevedo Agustina C
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
1548 Michel Llc -- --
Johnson Family Trust $2,850,000 Lawyers Title
1548 Micheltorena Llc -- Lawyers Title
Barbano Frank Paul -- Title 365 Company
Adams Jean Porter -- Title 365 Company
Barbano Frank Paul $1,075,000 First American Title
Porter Jean N -- None Available
Quevedo Agustina C -- None Available
Quevedo Sixto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barbano Frank Paul $1,075,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Rented $3,500 0.0% --
10/03/2017 10/03/17 Price Changed $3,500 +40.0% $6 / Sq Ft
09/22/2017 09/22/17 For Rent $2,500 -- --
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 $36,163 $2,850,000 $2,000,000 $850,000
2024 $36,163 $2,937,600 $1,632,000 $1,305,600
2023 $15,660 $1,228,848 $860,195 $368,653
2022 $14,955 $1,204,754 $843,329 $361,425
2021 $14,770 $1,181,133 $826,794 $354,339
2019 $14,343 $1,146,102 $802,272 $343,830
2018 $14,201 $1,123,631 $786,542 $337,089
2016 $13,477 $1,075,000 $752,000 $323,000
2015 $3,323 $223,066 $111,533 $111,533
2014 $3,374 $218,698 $109,349 $109,349
Source: Public Records

Agents Affiliated with this Home

  • Frank Barbano

    Landlord's Agent in 2017

    Frank Barbano

    Barbano Realty

    (323) 394-2447

    1 in this area

    11 Total Sales

    Frank Barbano
    Section Image
  • Alexander Lerner

    Tenant's Agent in 2017

    Alexander Lerner

    Compass

    (310) 633-4091

    31 Total Sales

    Alexander Lerner
    Section Image
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Map

Source: The MLS

MLS Number: 17-273346

The MLS

APN: 5425-002-025

California Los Angeles County Los Angeles 90026

1550 Micheltorena St Unit 1/4, Los Angeles, CA

This home is located at 1550 Micheltorena St Unit 1/4, Los Angeles, CA 90026 since 22 September 2017 and is currently priced at $2,881,249. This property was built in 1923. 1550 Micheltorena St Unit 1/4 is a home located in Los Angeles County with nearby schools including Micheltorena Street Elementary School, Thomas Starr King Middle School Film and Media Magnet, and John Marshall Senior High.

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