$550,000
SOLD NOV 6, 2024
2 Beds
1 Bath
884 Sq Ft
5,397 Sq Ft Lot

Recently Sold

$622 Per Sq Ft

4 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property

About This Home

As of May 2025

Attention builders, developers, and investors! This cash fixer-upper, sold AS-IS, offers an excellent flip opportunity. Bring your contractors and envision the potential of this diamond in the rough. The spacious lot is brimming with possibilities and ready for your creative touch. With some TLC, this property could shine! Don’t miss out on this chance to invest in a promising project. Did we hit all the keywords? See you in escrow! **There is a bonus 1/1 structure in the back. Buyer to due own due diligence regarding permit statuses. **Zoned LA City, Buyer to do own due diligence. **Pending cancellation of current escrow.

Last Agent to Sell the Property

Samantha Ramirez

Wedgewood Homes Realty Brokerage Phone: 424-400-1064 License #02202180 Listed on: 10/18/2024

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,058

Year Built

  • Built in 1925

Lot Details

  • 5,397 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Parking

  • 1 Car Garage

Interior Spaces

  • 884 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Rain Gutters
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 6776
  • Assessor Parcel Number 6120004022
  • $456 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,058

Year Built

Built in 1925

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6120004022
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 884.00 Square Feet
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 622.17
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5397.00
  • Lot Size Acres: 0.1239

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5397.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 2912.10
  • Tax Lot: 24
  • Tax Tract Number: 6776
  • TaxOtherAnnualAssessmentAmount: 456.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Oct 21, 2024
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Jmp Investments Inc
Seller's Agent
Samantha Ramirez
Wedgewood Homes Realty
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$550,000
Sold Price
$550,000
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.45%
Original Mortgage
$480,000
Outstanding Balance
$476,655
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$235,608

Purchase Details

Closed on
May 15, 2024
Sold by
Western Progressive Llc
Bought by
Breckenridge Property Fund 201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
7.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 20, 2003
Sold by
Cragin James W
Bought by
Cragin Larry and Cragin Betty H

Purchase Details

Closed on
Jan 18, 2000
Sold by
Cragin James W
Bought by
Cragin James W and Cragin Mary C
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $535,000 First Integrity Title Company
Trustee Deed $480,000 None Listed On Document
Interfamily Deed Transfer $119,000 Ticor Title
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $480,000 New Conventional
Previous Owner $384,000 Credit Line Revolving
Previous Owner $405,000 Balloon
Previous Owner $270,000 Unknown
Previous Owner $213,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Sold $740,000 +1.4% $837 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
04/15/2025 04/15/25 For Sale $730,000 +32.7% $826 / Sq Ft
11/06/2024 11/06/24 Sold $550,000 0.0% $622 / Sq Ft
10/22/2024 10/22/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $550,000 -- $622 / Sq Ft
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
2024 $5,058 $383,306 $278,773 $104,533
2023 $4,963 $375,791 $273,307 $102,484
2022 $4,741 $368,424 $267,949 $100,475
2021 $4,681 $361,201 $262,696 $98,505
2019 $4,545 $350,489 $254,905 $95,584
2018 $4,446 $343,617 $249,907 $93,710
2016 $4,247 $330,275 $240,203 $90,072
2015 $4,184 $325,315 $236,595 $88,720
2014 $4,199 $318,944 $231,961 $86,983
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24217002

California Regional Multiple Listing Service (CRMLS)

APN: 6120-004-022