NOT LISTED FOR SALE

1587 W 35th St Los Angeles, CA 90018

Exposition Park Neighborhood

Estimated Value: $1,023,000 - $1,208,000

2 Beds
1 Bath
1,668 Sq Ft
$682/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $900,000 $540 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,166/month

14 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 3-minute walk to Denker Recreation Center
  • Neighborhood Views

About This Home

As of March 2021

It is my pleasure to introduce this beautiful turn of the century craftsman style home. This is the first time this home has been for sale in over 50 years. Located just blocks away from the lovely campus of USC, it’s a perfect investment property for potential rental income. What this home really needs is for someone to transform it into a beautiful work of art. So at this time we are only entertaining investor/ Cash offers only. Good luck…

Last Agent to Sell the Property

Kevin Wheaton

K & K Group, Inc. License #01377584 Listed on: 02/28/2021

Last Buyer's Agent

Kevin Wheaton

K & K Group, Inc. License #01377584 Listed on: 02/28/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,777

Year Built

  • Built in 1906

Lot Details

  • 6,612 Sq Ft Lot
  • Property is zoned LAR2

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Urban Location
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 19 / A
  • Tax Tract Number 19
  • Assessor Parcel Number 5041003021

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,777

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5041003021
  • Year Built: 1906
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1668.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 539.57
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 6612.00
  • Lot Size Acres: 0.1518

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6612.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 2225.00
  • Tax Lot: 19
  • Tax Tract Number: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2023
Sold by
1587 W 35Th Street Llc and 1587 W 35Th St Llc
Bought by
1587 W 35Th St Llc
Current Estimated Value
$1,137,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.33%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 28, 2021
Closed on
Mar 21, 2021
Sold by
Bembry Celeste Lea
Bought by
1587 W 35Th Street Llc
Seller's Agent
Kevin Wheaton
K & K Group, Inc.
Buyer's Agent
Kevin Wheaton
K & K Group, Inc.
List Price
$700,000
Sold Price
$900,000
Premium/Discount to List
$200,000
28.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Montgomery Sarah
Bought by
Montgomery Sarah and Gates Rosa P
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
1587 W 35Th St Llc -- Stewart Title Of California In
1587 W 35Th Street Llc $900,000 Orange Coast Title
Montgomery Sarah -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1587 W 35Th St Llc $3,200,000
Closed 1587 W 35Th St Llc $2,100,000
Previous Owner Bembry Celeste Lea $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $900,000 +28.6% $540 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $700,000 -- $420 / 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
2025 $11,777 $2,692,870 $779,350 $1,913,520
2024 $11,777 $955,086 $764,069 $191,017
2023 $11,554 $936,360 $749,088 $187,272
2022 $11,021 $918,000 $734,400 $183,600
2021 $2,180 $159,425 $128,710 $30,715
2020 $2,198 $157,792 $127,391 $30,401
2019 $2,121 $154,699 $124,894 $29,805
2018 $2,045 $151,667 $122,446 $29,221
2016 $1,944 $145,781 $117,693 $28,088
2015 $1,918 $143,593 $115,926 $27,667
2014 $1,936 $140,782 $113,656 $27,126
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kevin Wheaton

    K & K Group, Inc.

    (562) 746-6838

    1 in this area

    23 Total Sales

    Kevin Wheaton
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21041688

California Regional Multiple Listing Service (CRMLS)

APN: 5041-003-021

California Los Angeles County Los Angeles 90018 Exposition Park

1587 W 35th St, Los Angeles, CA

This home is located at 1587 W 35th St, Los Angeles, CA 90018 since 28 February 2021 and is currently estimated at $1,137,341, approximately $681 per square foot. This property was built in 1906. 1587 W 35th St is a home located in Los Angeles County with nearby schools including Birdielee V. Bright Elementary School, Manual Arts Senior High School, and Stem Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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