$535,000
SOLD OCT 24, 2023
3 Beds
3 Baths
1,721 Sq Ft
5,410 Sq Ft Lot

Recently Sold

$311 Per Sq Ft

2% Below List Price

Highlights

  • Front Porch
  • ADA Compliant
  • 1-Story Property
  • Side by Side Parking
  • Bungalow
  • 1-minute walk to Martin Luther King Jr Park

About This Home

As of May 2024

INVESTOR SPECIAL/FIXER ! Restore this classic Craftsman duplex and rear stand alone home in up and coming Exposition Park. These three units are situated walking distance to Metro Expo/Santa Monica line and located between Leimert Psrk, to the west , and Exposition Park/USC campus to the immediate east. There is a large community park and public library , 1 block away. Plenty of upside in rents. Units are sizable and great for conversion to two-bedrooms. Plenty of parking in a deep R2 lot. Short term development plans call for building 4 , 3-level town-house units on this lot for rent to students, faculty or AIR BnB. Owner is out of state and wishes to sell now!

Last Agent to Sell the Property

Dean Flowers

Dean Flowers License #01180335 Listed on: 09/26/2023

Last Buyer's Agent

Jeannette Villegas

First Family Homes License #01763090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,818

Year Built

  • Built in 1914

Lot Details

  • 5,410 Sq Ft Lot
  • South Facing Home

Home Design

  • Bungalow
  • Fixer Upper
  • Raised Foundation
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,721 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Home Security

  • Window Bars
  • Fire and Smoke Detector

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Side by Side Parking
  • On-Street Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • ADA Compliant
  • Front Porch
  • City Lot

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tenant pays for gas, electricity, water, cable TV
  • Assessor Parcel Number 5035-017-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,818

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: Yes
  • Alley: No
  • Building Permit: Yes
  • Disability Access: Ramp - Main Level
  • Entry Location: Ground Level w/steps
  • Living Area: 1721
  • Lot Acreage: 0.1242
  • Price Per Unit: 181000.00
  • Probate: No
  • Property Condition: Fixer
  • Year Built: 1914
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Appliances: Free Standing Gas
  • Bedrooms: 3
  • Common Walls: Attached
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 316.68

Exterior Features

  • Direction Faces: South
  • Construction: Stucco, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Porch - Front
  • Pool: No
  • Roof: Asphalt
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 3
  • Garage Structures: 0
  • Parking Garage: On street, Side By Side
  • Total Parking: 3

Utilities

  • Water Heater: Gas, Water Heater Unit
  • Heating: Wall
  • Security: Window Bars, Smoke Detector
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 24.99
  • Assessed Improvement Value: 29845
  • Assessed Land Percent: 75.01
  • Assessed Land Value: 89594
  • Total Assessed Value: 119439
  • Assessor Parcel Number: 5035-017-025
  • Lot Location: City
  • Lot Size Area: 5410

Rental Info

  • Total Actual Rent: 2350.00
  • Tenant Pays: Gas, Electricity, Water, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.30
  • Number Of Units: 3
  • Total Annual Expense: 5640
  • Type Of Units: 3
  • Vacancy Rate: 0

Tax Info

  • Private Transfer Taxes: No

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2023
Closed on
May 17, 2024
Sold by
Haro Jorge and Haro Yolanda
Bought by
Munoz Karen
Seller's Agent
Jeannette Villegas
First Family Homes
Buyer's Agent
Karen Munoz
Remax Anela Realty
List Price
$639,000
Sold Price
$545,000
Premium/Discount to List
-$94,000
-14.71%
Views
639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%
Original Mortgage
$525,000
Outstanding Balance
$519,071
Interest Rate
6.88%
Mortgage Type
Seller Take Back
Estimated Equity
$100,926

Purchase Details

Listed on
Sep 26, 2023
Closed on
Oct 12, 2023
Sold by
Cunningham Henry R
Bought by
Haro Jorge and Haro Yolanda
Seller's Agent
Dean Flowers
Dean Flowers
Buyer's Agent
Jeannette Villegas
First Family Homes
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.24%
Source: Public Records

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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 $545,000 First American Title Company
Grant Deed $535,000 Lawyers Title
Quit Claim Deed -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2025 07/08/25 Price Changed $599,000 -4.9% $348 / Sq Ft
06/26/2025 06/26/25 For Sale $629,900 +15.6% $366 / Sq Ft
05/24/2024 05/24/24 Sold $545,000 -9.0% $317 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
03/19/2024 03/19/24 Price Changed $599,000 +9.9% $348 / Sq Ft
03/14/2024 03/14/24 Off Market $545,000 -- --
03/08/2024 03/08/24 For Sale $639,000 0.0% $371 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $639,000 +17.2% $371 / Sq Ft
12/08/2023 12/08/23 Off Market $545,000 -- --
11/15/2023 11/15/23 Price Changed $639,000 -3.0% $371 / Sq Ft
11/10/2023 11/10/23 For Sale $659,000 +23.2% $383 / Sq Ft
10/24/2023 10/24/23 Sold $535,000 -1.8% $311 / Sq Ft
09/26/2023 09/26/23 For Sale $545,000 -- $317 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
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
2024 $6,818 $535,000 $375,000 $160,000
2023 $1,865 $121,826 $91,385 $30,441
2022 $1,794 $119,439 $89,594 $29,845
2021 $1,762 $117,098 $87,838 $29,260
2020 $1,775 $115,898 $86,938 $28,960
2019 $1,719 $113,627 $85,234 $28,393
2018 $1,600 $111,400 $83,563 $27,837
2016 $1,518 $107,076 $80,319 $26,757
2015 $1,499 $105,469 $79,113 $26,356
2014 $1,527 $103,404 $77,564 $25,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-306997

The MLS

APN: 5035-017-025