NOT LISTED FOR SALE

1655 S Highland Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $959,000 - $1,150,157

4 Beds
2 Baths
1,469 Sq Ft
$732/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $720,000 $490 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,370/month

22 Days on Market

Highlights

  • Fenced Yard
  • Air Conditioning
  • East Facing Home
  • 4 Car Detached Garage

About This Home

As of October 2017

This property is located in the Mid City area and boasts 2 adjoining houses on a lot. Lovely Spanish Duplex home ZONED 1.5= 3 units :, well maintained. Fresh on the market. Each unit is 2 bedrooms 1-bathroom . The front house has a large enclosed private yard for entertaining as well a beautiful landscaped backyard. This is a great area to live/work in the rear house and receive income from the front house. Back unit to be delivered vacant at COE. Current front unit tenant on month-month lease will vacate with 60day notice from buyer. PROPERTY SOLD AS-IS. DRIVE BY ONLY-PLEASE DO NOT DISTURB OCCUPANTS.(Buyer to do their own due diligence) FHA approved--(LOOKING FOR BACK UP OFFERS) Seller will not vacate front unit-

Last Agent to Sell the Property

Deeaudrey Barrow

Chase Skye Realty Group License #02006995 Listed on: 07/27/2017

Last Buyer's Agent

David Durey

Brad Korb Real Estate Group License #01998675

Brad Korb Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,313

Year Built

  • Built in 1927

Lot Details

  • 5,000 Sq Ft Lot
  • East Facing Home
  • Fenced Yard

Parking

  • 4 Car Detached Garage

Home Design

  • 1,469 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit

Utilities

  • Air Conditioning
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5067-005-011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,313

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 1469
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 490.13

Exterior Features

  • Direction Faces: East
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 167516
  • Assessed Land Value: 406100
  • Assessor Parcel Number: 5067-005-011
  • Geocode Override: No
  • Lot Description: Fenced Yard
  • Lot Size Area: 5000

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: Duplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2017
Sold by
Melrosehigh Llc
Bought by
Tolentino Markus J
Current Estimated Value
$1,075,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2014
Closed on
Mar 12, 2015
Sold by
Feldman Gerald
Bought by
Melrosehigh Llc
Seller's Agent
Emily Monsod
Chris Gagan Realty
Buyer's Agent
Sandra Nava
List Price
$545,000
Sold Price
$562,000
Premium/Discount to List
$17,000
3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
Feb 28, 2011
Closed on
Mar 4, 2013
Sold by
Feldman Gloria
Bought by
Feldman Gerald
Seller's Agent
Emily Monsod
Chris Gagan Realty
Buyer's Agent
Chris Gagan
Chris Gagan Realty
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.27%

Purchase Details

Listed on
Feb 28, 2011
Closed on
Feb 21, 2013
Sold by
Crook Mary L
Bought by
Feldman Gerald
Seller's Agent
Emily Monsod
Chris Gagan Realty
Buyer's Agent
Chris Gagan
Chris Gagan Realty
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Monsdod Sheila
Bought by
Crook Mary L

Purchase Details

Closed on
Mar 3, 2011
Sold by
Crook Mary L
Bought by
Monsod Sheila

Purchase Details

Closed on
Dec 18, 2007
Sold by
Crook Mary L
Bought by
Crook Mary L

Purchase Details

Closed on
Apr 11, 2007
Sold by
Philippo Christian and Houssen Frederique
Bought by
Crook Mary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
8.44%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 14, 2005
Sold by
Ross Ian
Bought by
Philippo Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 30, 2005
Sold by
Westminster Investments
Bought by
Ross Ian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.99%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Oct 15, 2004
Sold by
Alas Samuel
Bought by
The 1655 S Highland Ave Trust

Purchase Details

Closed on
Dec 13, 1995
Sold by
Boutros Gamil and Boutros Mariam
Bought by
Alas Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,734
Interest Rate
7.36%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 1994
Sold by
Ghattas Sonia
Bought by
Ghattas Raouf

Purchase Details

Closed on
May 26, 1994
Sold by
Labbad George Z and Labbad Isis G
Bought by
Boutros Gamil
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tolentino Markus J $720,000 Chicago Title
Melrosehigh Llc $562,000 Wfg Title Company
Feldman Gerald -- Wfg Title Company
Feldman Gerald $270,000 Wfg Title
Crook Mary L -- None Available
Monsod Sheila -- Cal Counties Title Nation
Crook Mary L -- Provident Title Company
Crook Mary L $750,000 Fidelity Van Nuys
Philippo Christian $550,000 Ticor Title San Diego
Ross Ian -- --
Westminster Investments -- --
The 1655 S Highland Ave Trust $150,000 --
Alas Samuel $147,000 Gateway Title Company
Ghattas Raouf -- --
Boutros Gamil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tolentino Markus J $540,000
Previous Owner Crook Mary L $675,000
Previous Owner Philippo Christian $440,000
Previous Owner Alas Samuel $144,734
Closed Philippo Christian $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2017 10/13/17 Sold $720,000 0.0% $490 / Sq Ft
08/21/2017 08/21/17 For Sale $720,000 0.0% $490 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/17/2017 08/17/17 Pending -- -- --
07/27/2017 07/27/17 For Sale $720,000 +28.1% $490 / Sq Ft
03/27/2015 03/27/15 Sold $562,000 +3.1% $383 / Sq Ft View Prior Sale
02/14/2015 02/14/15 Pending -- -- --
12/01/2014 12/01/14 For Sale $545,000 +101.9% $371 / Sq Ft
03/28/2013 03/28/13 Sold $270,000 -10.0% $184 / Sq Ft View Prior Sale
03/01/2011 03/01/11 Pending -- -- --
02/28/2011 02/28/11 For Sale $300,000 -- $204 / 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 $8,313 $679,039 $480,737 $198,302
2024 $8,313 $665,725 $471,311 $194,414
2023 $8,158 $652,672 $462,070 $190,602
2022 $7,787 $639,875 $453,010 $186,865
2021 $7,687 $627,329 $444,128 $183,201
2019 $7,461 $608,724 $430,956 $177,768
2018 $7,347 $596,789 $422,506 $174,283
2016 $7,024 $573,616 $406,100 $167,516
2015 $3,485 $276,644 $174,183 $102,461
2014 $3,510 $271,225 $170,771 $100,454
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Deeaudrey Barrow

    Chase Skye Realty Group

    (949) 891-2844

    25 Total Sales

    Deeaudrey Barrow
    Section Image

  • D

    Buyer's Agent in 2017

    David Durey

    Brad Korb Real Estate Group

    Section Image

  • E

    Seller's Agent in 2015

    Emily Monsod

    Chris Gagan Realty

    Section Image

  • S

    Buyer's Agent in 2015

    Sandra Nava

  • C

    Buyer's Agent in 2013

    Chris Gagan

    Chris Gagan Realty

    Section Image
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Map

Source: The MLS

MLS Number: 17-255378

The MLS

APN: 5067-005-011

California Los Angeles County Los Angeles 90019 Mid-City

1655 S Highland Ave, Los Angeles, CA

Not Listed for Sale

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