NOT LISTED FOR SALE

1622 S Sierra Bonita Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,522,000 - $1,922,617

4 Beds
2.5 Baths
2,940 Sq Ft
$576/Sq Ft Est. Value

Last Sold July 08, 2021

Last sale price $1,300,000 $442 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $10,265/month

59 Days on Market

Highlights

  • City View
  • Spanish Architecture
  • Lawn
  • Wood Flooring
  • High Ceiling
  • Fenced Yard

About This Home

As of July 2021

Please contact agent for private showing. A PEAD form is still required to enter.

Last Agent to Sell the Property

Gordon Myers

Coldwell Banker Realty License #00981047 Listed on: 04/24/2021

Coldwell Banker Realty

Last Buyer's Agent

Mark Rogo

Compass License #01423795

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,824

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 5,638 Sq Ft Lot
  • Lot Dimensions are 75 x 75
  • West Facing Home
  • Fenced Yard
  • Landscaped
  • Front Yard Sprinklers
  • Lawn
  • Back Yard

Home Design

  • Duplex
  • Spanish Architecture
  • Entry on the 1st floor
  • Clay Roof
  • Stucco

Interior Spaces

  • 2,940 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Flooring
  • City Views
  • Dryer

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Home Security

  • Security System Leased
  • Security Lights
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Private Parking

Utilities

  • Air Conditioning
  • Gravity Heating System
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 5069-026-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,824

Year Built

Built in 1928 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: No
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 2940
  • Lot Acreage: 0.1294
  • Lot Dimensions: 75 x 75
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1928
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Flooring: Wood
  • Appliances: Cooktop - Gas, Oven-Gas
  • Bedrooms: 4
  • Common Walls: Attached
  • Total Bathrooms: 2.50
  • Equipment: Dishwasher, Dryer, Freezer, Gas Dryer Hookup, Refrigerator, Alarm System
  • Price Per S Q F T: 492.86

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: High Ceilings (9 Feet+), Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Private
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Gravity
  • Number Gas Meters: 2
  • Security: Smoke Detector, Exterior Security Lights, Leased, Prewired for alarm system
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Front
  • Additions Alterations: No
  • Assessed Improvement Percent: 25.00
  • Assessed Improvement Value: 324729
  • Assessed Land Percent: 75
  • Assessed Land Value: 974188
  • Total Assessed Value: 1298917
  • Assessor Parcel Number: 5069-026-019
  • Lot Description: Back Yard, Exterior Security Lights, Fenced Yard, Lawn, Landscaped
  • Lot Size Area: 5638

Rental Info

  • Number Leased: 1
  • Total Actual Rent: 76800.00
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.80
  • Number Of Units: 2
  • Number Wall A C: 2
  • Rent Control: 100
  • Type Of Units: Duplex

Tax Info

  • Tax Expense: 15000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2016
Closed on
Apr 4, 2016
Sold by
Butler Byron
Bought by
Amron Michael and Amron Family Trust
Seller's Agent
Richard Sarabia
No Firm Affiliation
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Current Estimated Value
$1,693,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,154
Avg. Annual Appreciation
3.73%
Original Mortgage
$720,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2006
Sold by
Der Arsenian Patrick and Victoria Arsenian Trust
Bought by
Butler Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$678,700
Interest Rate
1.25%
Mortgage Type
Negative Amortization
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
Amron Michael $1,200,000 Old Republic Title
Butler Byron $905,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amron Michael $720,000
Previous Owner Butler Byron $678,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2021 07/08/21 Sold $1,300,000 -10.3% $442 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $1,449,000 0.0% $493 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/24/2021 04/24/21 For Sale $1,449,000 +20.8% $493 / Sq Ft
05/31/2016 05/31/16 Sold $1,200,000 -11.1% $408 / Sq Ft View Prior Sale
05/23/2016 05/23/16 For Sale $1,350,000 -- $459 / Sq Ft
02/12/2016 02/12/16 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
2025 $16,824 $1,379,569 $1,172,634 $206,935
2024 $16,642 $1,352,520 $1,149,642 $202,878
2023 $16,324 $1,326,000 $1,127,100 $198,900
2022 $15,569 $1,300,000 $1,105,000 $195,000
2021 $15,815 $1,312,373 $984,280 $328,093
2020 $15,977 $1,298,917 $974,188 $324,729
2019 $15,342 $1,273,449 $955,087 $318,362
2018 $15,242 $1,248,480 $936,360 $312,120
2016 $12,717 $1,044,731 $692,641 $352,090
2015 $12,532 $1,029,039 $682,237 $346,802
2014 $12,578 $1,008,882 $668,873 $340,009
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-723272

The MLS

APN: 5069-026-019