NOT LISTED FOR SALE

1657 S Spaulding Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $1,506,000 - $1,881,059

3 Beds
3 Baths
1,733 Sq Ft
$1,030/Sq Ft Est. Value

Last Sold January 22, 2014

Last sale price $944,000 $545 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $10,512/month

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Wood Flooring
  • City Lights View
  • Deck
  • Spanish Architecture

About This Home

As of January 2014

Decadent Picfair Village Spanish. A rare opportunity to own a home with guest house or use as a duplex. In the back of the property you will find a new construction detached legal unit with no rent control. This home was taken down to the studs and renovated by Luxe Standard. Wood clad windows and French doors throughout. The updated eat-in kitchen is equipped with a farmhouse sink, stainless steel appliances and quartz countertops. The spacious master bedroom features an en suite bath with double vanity and spacious walk-in closet. A wood deck leads you to a stunning designer done garden. Unwind. Entertain. Play. Welcome to Casa Spaulding. Other features: Cat 5 wiring, new plumbing, roof & electric, bolted foundation, new sewer line to sidewalk, recessed lighting, decks, wood floors, two-car garage, central air and heat. Eco-Upgrades: Permeable pavers and gravel system, rainwater collection system, solar and electric car ready, reclaimed tile roof from Italy and tankless water heater

Last Agent to Sell the Property

Monique Carrabba

Compass License #01708376 Listed on: 11/22/2013

Compass

Co-Listed By

Joe Carrabba

Compass License #01791624

Last Buyer's Agent

Victor Pan

License #00894706

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,864

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 6,375 Sq Ft Lot
  • Lot Dimensions are 51x125
  • East Facing Home
  • Sprinkler System

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Duplex
  • Spanish Architecture
  • Turnkey
  • Raised Foundation
  • Tile Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,733 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Recessed Lighting
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Center Hall
  • Stone Countertops
  • City Lights Views
  • Laundry in Kitchen

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Powder Room
  • 3 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • 2 Buildings

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5069-008-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,864

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Casa Spaulding
  • Entry Location: Ground Level w/steps
  • Exclusions: Staging.
  • Living Area: 1733
  • Lot Dimensions: 51X125
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1925
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Laundry - Closet Stacked, Open Floor Plan, Pre-wired for high speed Data, Recessed Lighting, Turnkey
  • Number Dishwasher: 2
  • Number Disposal: 0
  • Flooring: Carpet, Tile, Wood
  • Appliances: Gas
  • Bedrooms: 3
  • Bedroom Features: Master Suite
  • Bathroom Features: Low Flow Shower(s), Low Flow Toilet(s), Powder Room, Shower and Tub, Tile
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Remodeled, Stone Counters
  • Laundry: In Kitchen
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Hood Fan
  • Price Per S Q F T: 547.61
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Construction: Frame and Stucco
  • Patio: Deck(s)
  • Pool: No
  • Roof: Composition, Tile
  • View: City Lights
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Detached, Door Opener, Driveway, Garage
  • Total Parking: 7

Utilities

  • Water District: LADWPP
  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Value: 43005
  • Assessed Land Value: 97663
  • Assessor Parcel Number: 5069-008-014
  • Geocode Override: No
  • Lot Location: Flats
  • Lot Size Area: 6375

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 1
  • Total Annual Expense: 0.00
  • Type Of Units: Duplex
  • Vacancy Rate: 100

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2022
Sold by
Chihwa Lo Steven and Wu Faye
Bought by
Steven And Faye Lo Living Trust
Current Estimated Value
$1,784,265

Purchase Details

Listed on
Nov 22, 2013
Closed on
Dec 18, 2013
Sold by
Irvine Capital V Lp
Bought by
Lo Robert R and Lo Steven C
Seller's Agent
Monique Carrabba
Compass
Buyer's Agent
Victor Pan
List Price
$949,000
Sold Price
$944,000
Premium/Discount to List
-$5,000
-0.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$500,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2012
Closed on
Feb 25, 2013
Sold by
Irvine Capital Inc
Bought by
Irvine Capital V Lp
Seller's Agent
Monique Carrabba
Compass
Buyer's Agent
Out of Area Out of Area
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
217.50%
Original Mortgage
$200,000
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 22, 2012
Closed on
Jan 15, 2013
Sold by
Aguilera Robert
Bought by
Irvine Capital Inc
Seller's Agent
Monique Carrabba
Compass
Buyer's Agent
Out of Area Out of Area
List Price
$300,000
Sold Price
$315,000
Premium/Discount to List
$15,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.34%
Mortgage Type
Purchase Money Mortgage
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
Steven And Faye Lo Living Trust -- Alta Legacy Law Aplc
Lo Steven Chihwa -- Alta Legacy Law Aplc
Lo Robert R $944,000 Title 365
Irvine Capital V Lp -- Title 365
Irvine Capital Inc $315,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lo Robert R $500,000
Previous Owner Irvine Capital V Lp $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2014 01/22/14 Sold $944,000 -0.5% $545 / Sq Ft
12/16/2013 12/16/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $949,000 +201.3% $548 / Sq Ft
02/11/2013 02/11/13 Sold $315,000 +5.0% $329 / Sq Ft View Prior Sale
09/30/2012 09/30/12 Pending -- -- --
09/22/2012 09/22/12 For Sale $300,000 -- $314 / 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 $13,864 $1,157,202 $680,347 $476,855
2024 $13,864 $1,134,512 $667,007 $467,505
2023 $13,597 $1,112,268 $653,929 $458,339
2022 $12,968 $1,090,459 $641,107 $449,352
2021 $12,805 $1,069,079 $628,537 $440,542
2020 $12,929 $1,058,118 $622,093 $436,025
2019 $12,414 $1,037,372 $609,896 $427,476
2018 $12,330 $1,017,033 $597,938 $419,095
2016 $11,747 $977,542 $574,720 $402,822
2015 $11,574 $962,860 $566,088 $396,772
2014 $4,050 $316,430 $251,135 $65,295
Source: Public Records

Agents Affiliated with this Home

  • Monique Carrabba

    Seller's Agent in 2014

    Monique Carrabba

    Compass

    (323) 899-2900

    10 in this area

    69 Total Sales

    Monique Carrabba
    Section Image
  • Joe Carrabba

    Seller Co-Listing Agent in 2014

    Joe Carrabba

    Compass

    (323) 302-1771

    10 in this area

    67 Total Sales

    Joe Carrabba
    Section Image

  • V

    Buyer's Agent in 2014

    Victor Pan

  • O

    Buyer's Agent in 2013

    Out of Area Out of Area

See All Agents

Map

Source: The MLS

MLS Number: 13-720725

The MLS

APN: 5069-008-014

California Los Angeles County Los Angeles 90019 Mid-City

1657 S Spaulding Ave, Los Angeles, CA

This home is located at 1657 S Spaulding Ave, Los Angeles, CA 90019 since 22 November 2013 and is currently estimated at $1,784,265, approximately $1,029 per square foot. This property was built in 1925. 1657 S Spaulding Ave is a home located in Los Angeles County with nearby schools including Crescent Heights Boulevard Elementary School, Daniel Webster Middle School, and Fairfax High School.

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