NOT LISTED FOR SALE

1636 S Spaulding Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,409,000 - $1,878,000

4 Beds
3 Baths
1,743 Sq Ft
$930/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $1,250,000 $717 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $9,922/month

16 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Central Heating

About This Home

As of September 2017

RARE "TWO HOMES ON A LOT" Duplex in TRENDY PICFAIR VILLAGE. MID CENTURY MODERN! GENERATE GREAT INCOME! LIVE IN ONE SIDE & RENT THE OTHER. 2 Units that each feel completely private w/ their own backyards! One side features an updated Spanish Style 2BR Home. 1638 side is a VACANT Mid-Century home that was recently painted & has new grassy lawns too. Conveniently located in highly-sought Picfair Village Neighborhood, close restaurants, shops, Culver City Arts District, LACMA, Miracle Mile, Beverly Hills and I-10. Each of these side-by-side units has hardwood floors (original & RARE parquet floors!). Kitchens & baths on 1638 side recently re-painted & new modern grey tiles installed. 1636 side remodeled circa 201 Both homes have extra storage space rooms. 1636 Unit has copper plumbing supply, updated electrical panel, & a new heater. Make this duplex your very own. A place to call home or a fantastic income-generating opportunity. PLEASE DO NOT DISTURB OR KNOCK ON DOOR OF 1636 TENANTS.

Last Agent to Sell the Property

Rachel Hsieh

Keller Williams Realty Los Feliz License #01913428 Listed on: 08/05/2017

Keller Williams Realty Los Feliz

Last Buyer's Agent

Rachel Hsieh

Keller Williams Realty Los Feliz License #01913428 Listed on: 08/05/2017

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,996

Year Built

  • Built in 1925

Lot Details

  • 6,361 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,743 Sq Ft Home
  • Decorative Fireplace
  • Laundry Room

Flooring

  • Wood
  • Parquet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Car Garage
  • Carport

Utilities

  • Central Heating
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5069-013-022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,996

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1743
  • Year Built: 1925
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Parquet
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 616.75

Exterior Features

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

Garage/Parking

  • Parking Garage: Carport, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Value: 216473
  • Assessed Land Value: 435128
  • Assessor Parcel Number: 5069-013-022
  • Geocode Override: No
  • Lot Size Area: 6361

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.00
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2017
Closed on
Sep 8, 2017
Sold by
Bromley Dylan Lee
Bought by
Chuen Wayne
Seller's Agent
Rachel Hsieh
Keller Williams Realty Los Feliz
Buyer's Agent
Rachel Hsieh
Keller Williams Realty Los Feliz
List Price
$1,075,000
Sold Price
$1,250,000
Premium/Discount to List
$175,000
16.28%
Current Estimated Value
$1,621,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,735
Avg. Annual Appreciation
3.27%
Original Mortgage
$919,803
Outstanding Balance
$767,894
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$853,841

Purchase Details

Closed on
Mar 31, 2009
Sold by
Bankston Yolande R
Bought by
Bromley Dylan Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2006
Sold by
Bankston Robert C
Bought by
Bankston Yolande R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 7, 2006
Sold by
Lightfoot Roxana J
Bought by
Bankston Yolande R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2006
Sold by
Lightfoot Roxana J
Bought by
Lightfoot Roxana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 2006
Sold by
Lightfoot Roxana J and Roxana J Lightfoot Family Trus
Bought by
Lightfoot Roxana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.6%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 19, 1996
Sold by
Lightfoot Roxana J
Bought by
Lightfoot Roxana J and The Roxana J Lightfoot Family Trust
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
Chuen Wayne $1,243,500 Fidelity Sherman Oaks
Bromley Dylan Lee $599,000 Equity Title Los Angeles
Bankston Yolande R -- Commonwealth Land Title Co
Bankston Yolande R $595,000 Commonwealth Land Title Co
Lightfoot Roxana J -- None Available
Lightfoot Roxana J -- Commonwealth
Lightfoot Roxana J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chuen Wayne $919,803
Previous Owner Bromley Dylan Lee $479,200
Previous Owner Bankston Yolande R $476,000
Previous Owner Lightfoot Roxana J $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2017 09/29/17 Sold $1,250,000 +16.3% $717 / Sq Ft
08/21/2017 08/21/17 Pending -- -- --
08/05/2017 08/05/17 For Sale $1,075,000 -- $617 / 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 $16,996 $1,414,380 $959,250 $455,130
2024 $16,996 $1,386,648 $940,442 $446,206
2023 $16,670 $1,359,459 $922,002 $437,457
2022 $15,897 $1,332,804 $903,924 $428,880
2021 $15,703 $1,306,671 $886,200 $420,471
2019 $15,234 $1,267,916 $859,916 $408,000
2018 $15,129 $1,243,055 $843,055 $400,000
2016 $8,002 $651,601 $435,128 $216,473
2015 $7,886 $641,814 $428,592 $213,222
2014 $7,922 $629,243 $420,197 $209,046
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2017

    Rachel Hsieh

    Keller Williams Realty Los Feliz

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Map

Source: The MLS

MLS Number: 17-258236

The MLS

APN: 5069-013-022

California Los Angeles County Los Angeles 90019 Mid-City

1636 S Spaulding Ave, Los Angeles, CA

This home is located at 1636 S Spaulding Ave, Los Angeles, CA 90019 since 05 August 2017 and is currently estimated at $1,621,735, approximately $930 per square foot. This property was built in 1925. 1636 S Spaulding Ave is a home located in Los Angeles County with nearby schools including Saturn Street Elementary School, Fairfax High School, and New Los Angeles Charter.

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