NOT LISTED FOR SALE

1642 S Spaulding Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,184,000 - $1,726,076

4 Beds
2 Baths
2,086 Sq Ft
$679/Sq Ft Est. Value

Last Sold June 20, 2019

Last sale price $972,300 $466 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,518/month

24 Days on Market

Highlights

  • Living Room with Fireplace
  • Granite Countertops
  • Ceiling Fan
  • Wood Flooring
  • Forced Air Heating System
  • West Facing Home

About This Home

As of June 2019

Picfair Village Spanish Side by Side Spacious Duplex w/shared courtyard, grassy front & private backyard; two long private driveways to single car garages w/carriage doors; Newer windows installed both units have spacious laundry rooms; formal dining room w/two charming corner cabinets & shelves; spacious living room w/lots of natural light; ; charming study nook perfect for an office or study space. North unit completely remodeled: hardwood flooring throughout; tile hearth fireplace; kitchen w/granite counters & wood cabinets; stainless steel appliances (stove, microwave built in; dishwasher); farm sink; wood blinds; bath remodeled w/tub & shower; South unit: well maintained unit w/carpeted living room w/fireplace w/stone hearth embraced by built in shelves; tiled kitchen & bath w/separate tub & shower. If you have not seen property during group showings- Offers must be written "subject to inspection" and preview can be scheduled after. Sold "As Is"

Last Agent to Sell the Property

Teresa Mack

Pacific Playa Realty License #01766118 Listed on: 04/06/2019

Pacific Playa Realty

Last Buyer's Agent

Deborah Justice

Justice Ray Realty License #00892277

Justice Ray Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,141

Year Built

  • Built in 1930

Lot Details

  • 6,064 Sq Ft Lot
  • West Facing Home

Home Design

  • Duplex
  • Raised Foundation
  • Spanish Tile Roof
  • Plaster

Interior Spaces

  • 2,086 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Wood Under Carpet
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Units

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 5069-013-023

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,141

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 2086
  • Probate: No
  • Stories: 1
  • Year Built: 1930
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Wood, Wood Under Carpet
  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Tile Counters
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Range/Oven
  • Price Per S Q F T: 462.13

Exterior Features

  • Direction Faces: West
  • Construction: Plaster
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool: No
  • Roof: Spanish Tile

Garage/Parking

  • Parking Garage: Driveway, Garage - 1 Car
  • Total Parking: 2

Utilities

  • Heating: Forced Air
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 20249
  • Assessed Land Value: 27436
  • Assessor Parcel Number: 5069-013-023
  • Geocode Override: No
  • Lot Size Area: 6064

Rental Info

  • Owner Pays: Gardener, Water

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 22.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 4800
  • Type Of Units: duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 29, 2019
Sold by
Davis Colette T and Myers Jan Myers
Bought by
Lizardo Magda J and Lizardo Melissa
Seller's Agent
Teresa Mack
Pacific Playa Realty
Buyer's Agent
Deborah Justice
Justice Ray Realty
List Price
$964,000
Sold Price
$972,300
Premium/Discount to List
$8,300
0.86%
Current Estimated Value
$1,415,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$443,219
Avg. Annual Appreciation
6.09%
Original Mortgage
$946,580
Outstanding Balance
$833,074
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$582,445

Purchase Details

Closed on
Mar 7, 2017
Sold by
Davis Colette T
Bought by
Davis Colette T and Myers Jan Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2017
Sold by
Myers Steven Bernard
Bought by
Myers Jan Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2017
Sold by
Davis Colette T
Bought by
Davis Colette T and Myers Jan Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2003
Sold by
Davis Frances H
Bought by
Davis Frances H and The Lloyd B & Frances H Davis Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1999
Sold by
Davis Lloyd B
Bought by
Davis Lloyd B and Davis Frances H
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
Lizardo Magda J $1,002,500 Servicelink
Davis Colette T -- Lawyers Title Company
Myers Jan Adele -- Lawyers Title Company
Davis Colette T -- None Available
Davis Frances H -- Fidelity National Title Co
Davis Frances H -- Fidelity National Title Co
Davis Lloyd B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lizardo Magda J $946,580
Previous Owner Myers Jan Adele $311,000
Previous Owner Davis Frances H $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2019 06/20/19 Sold $972,300 +0.9% $466 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $964,000 -0.9% $462 / Sq Ft
04/22/2019 04/22/19 Off Market $972,300 -- --
04/06/2019 04/06/19 For Sale $964,000 -- $462 / 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 $13,141 $1,084,614 $866,757 $217,857
2024 $13,141 $1,063,348 $849,762 $213,586
2023 $12,891 $1,042,499 $833,100 $209,399
2022 $12,298 $1,022,059 $816,765 $205,294
2021 $12,143 $1,002,019 $800,750 $201,269
2020 $12,267 $991,746 $792,540 $199,206
2019 $947 $49,609 $28,543 $21,066
2018 $857 $48,637 $27,984 $20,653
2016 $802 $46,751 $26,899 $19,852
2015 $794 $46,049 $26,495 $19,554
2014 $813 $45,147 $25,976 $19,171
Source: Public Records

Agents Affiliated with this Home

  • Teresa Mack

    Seller's Agent in 2019

    Teresa Mack

    Pacific Playa Realty

    (323) 377-9379

    2 in this area

    111 Total Sales

    Teresa Mack
    Section Image
  • Deborah Justice

    Buyer's Agent in 2019

    Deborah Justice

    Justice Ray Realty

    (323) 935-2564

    1 in this area

    13 Total Sales

    Deborah Justice
    Section Image
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Map

Source: The MLS

MLS Number: 19-452646

The MLS

APN: 5069-013-023

California Los Angeles County Los Angeles 90019 Mid-City

1642 S Spaulding Ave, Los Angeles, CA

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