NOT LISTED FOR SALE

1607 S Corning St Los Angeles, CA 90035

Pico-Robertson Neighborhood

Estimated Value: $1,781,000 - $2,350,662

5 Beds
2 Baths
2,692 Sq Ft
$716/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $1,300,000 $483 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,911/month

3 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

About This Home

As of August 2019

This amazing location in Crestview is just minutes away from Beverly Hills, Century City, and West Hollywood with easy access to shopping, restaurants, transportation, and places of Worship. Fantastic developer or fixer opportunity—first time on market in over 4 decades! Beautiful tree lined street, with lots of current and recent renovation throughout the neighborhood. Bring your imagination and make this your dream home or an incredibly smart investment. Existing dwelling is an over-and-under Duplex with combined 2692 sq/ft on a 6253 sq/ft lot, with each unit having a 3 bed/1 bath floorplan. Detached garage has been converted into a 1 bed guest unit with kitchen and bath. Don’t miss your chance to own in one of the hottest, up-trending neighborhoods in Los Angeles!

Last Agent to Sell the Property

Vickie Sun

Trustige Realty Group, Inc. License #02041988 Listed on: 07/14/2019

Co-Listed By

Ricky Lee

Keller Williams Larchmont License #01114803

Last Buyer's Agent

Vickie Sun

Trustige Realty Group, Inc. License #02041988 Listed on: 07/14/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,161

Year Built

  • Built in 1928

Lot Details

  • 6,253 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 2,692 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 258
  • Tax Tract Number 7385
  • Assessor Parcel Number 4303030024

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,161

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 4303030024
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2692.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 482.91
  • Room Type: Bonus Room, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6253.00
  • Lot Size Acres: 0.1435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6253.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2170.02
  • Tax Lot: 258
  • Tax Tract Number: 7385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2019
Closed on
Jul 18, 2019
Sold by
Jauregui Rosalba and Ortega Family Trust
Bought by
1607 South Corning St Llc
Seller's Agent
Vickie Sun
Trustige Realty Group, Inc.
Buyer's Agent
Vickie Sun
Trustige Realty Group, Inc.
List Price
$1,300,000
Sold Price
$1,300,000
Current Estimated Value
$2,002,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$702,300
Avg. Annual Appreciation
6.57%
Original Mortgage
$845,000
Outstanding Balance
$729,746
Interest Rate
3.15%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,196,670

Purchase Details

Closed on
May 10, 2003
Sold by
Ortega Frank and Ortega Gloria
Bought by
Ortega Frank
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
1607 South Corning St Llc $1,300,000 Wfg Title Company
Ortega Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1607 South Corning St Llc $845,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2019 08/22/19 Sold $1,300,000 0.0% $483 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
07/14/2019 07/14/19 For Sale $1,300,000 -- $483 / 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 $17,161 $1,421,736 $984,280 $437,456
2024 $17,161 $1,393,860 $964,981 $428,879
2023 $16,833 $1,366,530 $946,060 $420,470
2022 $16,055 $1,339,736 $927,510 $412,226
2021 $15,853 $1,313,468 $909,324 $404,144
2019 $1,301 $75,544 $41,068 $34,476
2018 $1,187 $74,063 $40,263 $33,800
2016 $1,109 $71,189 $38,700 $32,489
2015 $1,096 $70,120 $38,119 $32,001
2014 $1,117 $68,748 $37,373 $31,375
Source: Public Records

Agents Affiliated with this Home

  • Vickie Sun

    Seller's Agent in 2019

    Vickie Sun

    Trustige Realty Group, Inc.

    (949) 371-6794

    34 Total Sales

    Vickie Sun
    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Ricky Lee

    Keller Williams Larchmont

    (213) 407-1497

    3 Total Sales

    Ricky Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19166664

California Regional Multiple Listing Service (CRMLS)

APN: 4303-030-024

California Los Angeles County Los Angeles 90035 Pico-Robertson

1607 S Corning St, Los Angeles, CA

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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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