NOT LISTED FOR SALE

Estimated Value: $2,656,000 - $3,297,000

3 Beds
4 Baths
3,718 Sq Ft
$783/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $2,465,000 $663 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $18,479/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Dual Staircase
  • English Architecture
  • Gated Parking
  • Retreat
  • Wood Flooring

About This Home

As of May 2021

Opportunity of a lifetime to own this beautiful home in the highly desirable La Fayette Square, known for its famous architects and extraordinary past of Los Angeles and Hollywood elite. This tastefully upgraded home in this amazingly tranquil neighborhood has maintained its original 1920’s style. Within close proximity to Wilshire Corridor, Koreatown, Hollywood and Downtown Los Angeles. Beautifully kept hardwood floors lay throughout this 3 Bedroom, 4 bath home. Enjoy in door / outdoor living as the family room pivoting doors walk right into your amazing zen landscaped backyard. A mixture of bamboo, olive trees, water feature and much more await! A 2 car garage nestled behind gorgeous wooden gates with a private sitting area positioned behind the structure offers unlimited possibilities.

Last Agent to Sell the Property

Stephen Sweeney

No Firm Affiliation License #02061063 Listed on: 04/13/2021

No Firm Affiliation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,791

Year Built

  • Built in 1923

Lot Details

  • 9,692 Sq Ft Lot
  • Security Fence
  • Wrought Iron Fence
  • Wood Fence
  • Stucco Fence
  • Fence is in excellent condition
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway
  • Gated Parking

Home Design

  • English Architecture
  • Traditional Architecture
  • Turnkey
  • Pillar, Post or Pier Foundation
  • Spanish Tile Roof
  • Stucco

Interior Spaces

  • 3,718 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Crown Molding
  • High Ceiling
  • Recessed Lighting
  • Blinds
  • French Doors
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Dining Room
  • Storage
  • Utility Room
  • Neighborhood Views
  • Utility Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Double Oven
  • Gas Oven
  • Built-In Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Ceramic Countertops
  • Disposal

Flooring

  • Wood
  • Concrete

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Tile Bathroom Countertop
  • Dual Vanity Sinks in Primary Bathroom
  • Private Water Closet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 14 / 1
  • Assessor Parcel Number 5071001022

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,791

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 424-542-1057
  • Other Phone Number: 424-542-1057
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Architectural Style: English, Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5071001022
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3718.00 Square Feet
  • Interior Amenities: 2 Staircases, Ceramic Counters, Crown Molding, Granite Counters, High Ceilings, Living Room Deck Attached, Recessed Lighting, Storage, Tile Counters
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Concrete, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Area, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 662.99
  • Room Type: All Bedrooms Up, Basement, Family Room, Formal Entry, Foyer, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Retreat, Utility Room
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Granite Counters, Privacy Toilet Door, Remodeled, Tile Counters, Upgraded
  • Room Kitchen Features: Kitchen Island, Tile Counters
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • Foundation: Pillar/Post/Pier
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition, Privacy, Security, Stucco Wall, Wood, Wrought Iron
  • Patio And Porch Features: Covered, Patio, Patio Open, Front Porch, Stone, Terrace
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Garage, Garage - Single Door, Gated, On Site, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Double Oven, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood, Refrigerator, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level with Street, Level, Sprinkler System, Walkstreet, Yard
  • Lot Size Sq Ft: 9692.00
  • Lot Size Acres: 0.2225

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9692.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 2182.20
  • Tax Lot: 14
  • Tax Tract Number: 00-067

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Apr 23, 2021
Sold by
Akil Alim and Akil Mara Brock
Bought by
Lacy Moya Steve
Seller's Agent
Stephen Sweeney
No Firm Affiliation
List Price
$2,495,000
Sold Price
$2,465,000
Premium/Discount to List
-$30,000
-1.2%
Current Estimated Value
$2,910,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$445,888
Avg. Annual Appreciation
3.24%
Original Mortgage
$1,840,000
Outstanding Balance
$1,668,479
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,155,447

Purchase Details

Closed on
Sep 15, 2011
Sold by
Akil Salim
Bought by
Akil Salim and Akil Mara Brock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2009
Sold by
Akil Salim
Bought by
Akil Salim and Akil Mara Brock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2005
Sold by
Akil Salim
Bought by
Akil Salim and Akil Mara

Purchase Details

Closed on
Apr 2, 2002
Sold by
Akil Mara
Bought by
Akil Salim and Akil Mara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
6.87%

Purchase Details

Closed on
Mar 8, 2000
Sold by
Moore Mitchel D
Bought by
Akil Mara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.62%

Purchase Details

Closed on
Feb 7, 2000
Sold by
Kennedy Campbell Sara Lauren
Bought by
Campbell Bruce Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
7.62%

Purchase Details

Closed on
Mar 6, 1998
Sold by
Robert P Foster Trust and Joy Foster
Bought by
Moore Mitchel D and Campbell Bruce Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
6.75%

Purchase Details

Closed on
Nov 21, 1994
Sold by
Foster Robert P
Bought by
Foster Robert P and Ballard Joy Foster
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
Lacy Moya Steve $2,465,000 Stewart Title Company
Akil Salim -- Accommodation
Akil Salim -- Equity Title Los Angeles
Akil Salim -- Equity Title Los Angeles
Akil Salim -- Equity Title Los Angeles
Akil Salim -- --
Akil Salim -- --
Akil Salim -- Old Republic Title
Akil Mara $525,000 South Coast Title Company
Akil Mara -- South Coast Title
Campbell Bruce Alan -- South Coast Title
Moore Mitchel D $345,000 Equity Title
Foster Robert P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lacy Moya Steve $1,840,000
Previous Owner Akil Salim $304,000
Previous Owner Akil Salim $352,000
Previous Owner Akil Salim $467,000
Previous Owner Akil Salim $123,000
Previous Owner Akil Salim $491,000
Previous Owner Akil Salim $492,000
Previous Owner Akil Mara $420,000
Previous Owner Moore Mitchel D $310,400
Closed Akil Mara $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $2,465,000 -1.2% $663 / Sq Ft
04/13/2021 04/13/21 For Sale $2,495,000 -- $671 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $31,791 $2,668,192 $1,731,890 $936,302
2024 $31,791 $2,615,876 $1,697,932 $917,944
2023 $31,172 $2,564,586 $1,664,640 $899,946
2022 $29,716 $2,514,300 $1,632,000 $882,300
2021 $9,675 $783,955 $525,366 $258,589
2020 $9,770 $775,918 $519,980 $255,938
2019 $9,391 $760,705 $509,785 $250,920
2018 $9,317 $745,790 $499,790 $246,000
2016 $8,885 $716,833 $480,384 $236,449
2015 $8,757 $706,067 $473,169 $232,898
2014 $8,707 $692,237 $463,901 $228,336
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21077756

California Regional Multiple Listing Service (CRMLS)

APN: 5071-001-022