NOT LISTED FOR SALE

1603 S Wooster St Los Angeles, CA 90035

Pico-Robertson Neighborhood

Estimated Value: $1,397,000 - $3,298,000

8 Beds
4 Baths
5,840 Sq Ft
$378/Sq Ft Est. Value

Last Sold May 28, 2015

Last sale price $1,775,660 $304 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $14,188/month

5 Days on Market

Highlights

  • Spanish Architecture
  • Floor Furnace
  • 2-minute walk to Robertson Recreational Park
  • Canfield Avenue Elementary Rated A-
  • 4 Car Garage

About This Home

As of May 2015

Pride of ownership. 4 units located in a high demand rental area in the Pico Robertson neighborhood in West Los Angeles. All units are 2 bd + 1 ba, approx. 1,400 SF each. They have separate dining rooms, hardwood floors and laundry rooms. 4 enclosed one car garages. New exterior paint. Please do not walk the property and do not disturb the tenants. Inside inspection with an accepted offer.

Last Agent to Sell the Property

Ron Jackson - Probate\Trust Specialist

Compass License #01363276 Listed on: 04/16/2015

Compass

Co-Listed By

Anita Finkelstein

Coldwell Banker Realty License #00415070

Last Buyer's Agent

David Norman

Boardwalk Real Estate, Inc. License #01116835

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,861

Year Built

  • Built in 1931

Lot Details

  • 7,407 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • Spanish Architecture

Interior Spaces

  • 5,840 Sq Ft Home
  • 2-Story Property

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 4 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 4303-003-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,861

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 5840
  • Stories: 2
  • Year Built: 1931
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room: 0
  • Family Room: 0
  • Den: 0
  • Price Per S Q F T: 295.38

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage
  • Total Parking: 4

Utilities

  • Heating: Floor Furnace, Wall
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4303-003-032
  • Geocode Override: No
  • Lot Size Area: 7407

Rental Info

  • Owner Pays: Gardener, Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.13
  • Number Of Units: 4
  • Total Annual Expense: 0
  • Type Of Units: 2+1
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2015
Closed on
Apr 21, 2015
Sold by
Santos Alicia D
Bought by
1603 Wooster Llc
Seller's Agent
Ron Jackson - Probate\Trust Specialist
Compass
Buyer's Agent
David Norman
Boardwalk Real Estate, Inc.
List Price
$1,725,000
Sold Price
$1,775,660
Premium/Discount to List
$50,660
2.94%
Current Estimated Value
$2,208,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,673
Avg. Annual Appreciation
2.73%

Purchase Details

Closed on
Aug 9, 2005
Sold by
Bragin Stephen D and Alexander Julie L
Bought by
Santos Alicia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
5.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 24, 2001
Sold by
Bragin Stephen D
Bought by
Bragin Stephen D
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
1603 Wooster Llc $1,776,000 Equity Title
Santos Alicia D $1,375,000 Fidelity National Title Co
Santos Alicia D -- Fidelity National Title Co
Bragin Stephen D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santos Alicia D $237,500
Previous Owner Santos Alicia D $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2015 05/28/15 Sold $1,775,660 +2.9% $304 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $1,725,000 -- $295 / 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 $25,861 $2,134,477 $1,442,217 $692,260
2024 $25,861 $2,092,626 $1,413,939 $678,687
2023 $25,367 $2,051,595 $1,386,215 $665,380
2022 $24,197 $2,011,369 $1,359,035 $652,334
2021 $23,882 $1,971,932 $1,332,388 $639,544
2019 $23,170 $1,913,445 $1,292,869 $620,576
2018 $23,034 $1,875,927 $1,267,519 $608,408
2016 $22,000 $1,803,084 $1,218,300 $584,784
2015 $19,146 $1,563,463 $1,137,066 $426,397
2014 $19,223 $1,532,838 $1,114,793 $418,045
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller Co-Listing Agent in 2015

    Anita Finkelstein

    Coldwell Banker Realty

    Section Image
  • David Norman

    Buyer's Agent in 2015

    David Norman

    Boardwalk Real Estate, Inc.

    (310) 820-1343

    11 Total Sales

    David Norman
    Section Image
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Map

Source: The MLS

MLS Number: 15-896963

The MLS

APN: 4303-003-032

California Los Angeles County Los Angeles 90035 Pico-Robertson

1603 S Wooster St, Los Angeles, CA

This home is located at 1603 S Wooster St, Los Angeles, CA 90035 since 16 April 2015 and is currently estimated at $2,208,333, approximately $378 per square foot. This property was built in 1931. 1603 S Wooster St is a home located in Los Angeles County with nearby schools including Canfield Avenue Elementary, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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