NOT LISTED FOR SALE

Estimated Value: $1,999,041 - $2,667,000

3 Beds
2.5 Baths
1,761 Sq Ft
$1,318/Sq Ft Est. Value

Last Sold February 19, 2025

Last sale price $1,550,000 $880 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $12,724/month

12 Days on Market

Highlights

  • Living Room with Fireplace
  • English Architecture
  • Laundry Room
  • Hancock Park Elementary Rated A-
  • No HOA
  • 5-minute walk to Pan Pacific Park

About This Home

As of February 2025

This English-style diamond in the rough is ready to be reimagined! With 3 bedrooms, 2.5 bathrooms, and endless possibilities for transformation. Located in a highly sought-after Historic Preservation Overlay Zone (HPOZ), this home offers the rare opportunity to restore a piece of history while adding your modern touch. Situated in the heart of Miracle Mile, this location is truly beloved by locals for its vibrant character and unbeatable convenience. You'll be just moments away from The Grove, Pan Pacific Park, world-class dining, boutique shopping, and cultural landmarks. It's no wonder this neighborhood is one of LA's most cherished areas! Whether you're an investor or looking to craft your dream home, this is your chance to create something truly special in one of LA's most desirable neighborhoods. Sold as-is bring your vision and make it shine!

Last Agent to Sell the Property

Leah Brenner Naomi Hartman

Coldwell Banker Realty License #00917665 Listed on: 01/21/2025

Coldwell Banker Realty

Co-Listed By

Naomi Hartman

Coldwell Banker Realty License #00769979

Last Buyer's Agent

Kay Park

Dream Realty & Investments Inc License #01268123

Dream Realty & Investments Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • 5,986 Sq Ft Lot
  • Lot Dimensions are 50x120
  • Property is zoned LAR1

Home Design

  • English Architecture

Interior Spaces

  • 1,761 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Garage
  • Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5512-007-015

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

5,986 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Country English
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1761
  • Lot Acreage: 0.1374
  • Lot Dimensions: 50x120
  • Stories: 1
  • Year Built: 1926
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 822.83

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

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

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5512-007-015
  • Lot Size Area: 5986

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2025
Closed on
Feb 11, 2025
Sold by
Joseph And Mirtha Sauer Family Trust and Sauer Joseph
Bought by
Willbee Investment Llc
Seller's Agent
Leah Brenner Naomi Hartman
Coldwell Banker Realty
Buyer's Agent
Kay Park
Dream Realty & Investments Inc
List Price
$1,449,000
Sold Price
$1,550,000
Premium/Discount to List
$101,000
6.97%
Views
17
Current Estimated Value
$2,320,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$770,260
Avg. Annual Appreciation
48.51%
Original Mortgage
$1,499,900
Outstanding Balance
$1,485,785
Interest Rate
6.93%
Mortgage Type
Construction
Estimated Equity
$834,475

Purchase Details

Closed on
May 4, 2011
Sold by
Sauer Mirtha
Bought by
Sauer Joseph

Purchase Details

Closed on
May 3, 2011
Sold by
Wagner Beth
Bought by
Sauer Joseph

Purchase Details

Closed on
Nov 10, 2000
Sold by
Levavi Israel
Bought by
Wagner Beth and Kerman Michael
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
Willbee Investment Llc $1,550,000 Equity Title Company
Sauer Joseph -- Provident Title Company
Kerman Michael -- Provident Title Company
Wagner Beth -- Provident Title Company
Sauer Joseph $600,006 Provident Title Company
Wagner Beth $319,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willbee Investment Llc $1,499,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/19/2025 02/19/25 Sold $1,550,000 +7.0% $880 / Sq Ft
02/02/2025 02/02/25 Pending -- -- --
01/21/2025 01/21/25 For Sale $1,449,000 -- $823 / Sq Ft
Source: The MLS

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 $9,395 $768,695 $614,960 $153,735
2024 $9,395 $753,623 $602,902 $150,721
2023 $9,219 $738,847 $591,081 $147,766
2022 $8,799 $724,361 $579,492 $144,869
2021 $8,686 $710,159 $568,130 $142,029
2019 $8,430 $689,097 $551,280 $137,817
2018 $8,316 $675,586 $540,471 $135,115
2016 $7,949 $649,354 $519,485 $129,869
2015 $7,834 $639,601 $511,682 $127,919
2014 $7,865 $627,073 $501,659 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 25-486949

The MLS

APN: 5512-007-015

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