NOT LISTED FOR SALE

Estimated Value: $886,000 - $1,143,000

3 Beds
1.5 Baths
1,426 Sq Ft
$693/Sq Ft Est. Value

Last Sold March 07, 2023

Last sale price $700,000 $491 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,413/month

61 Days on Market

Highlights

  • Craftsman Architecture
  • Attic
  • No HOA
  • Atrium Room
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of March 2023

*** INVESTOR ALERT! *** South of MLK and West of Western, 3 BR / 1.25 BA with ADU potential is ready for development! From the large and open front porch entry, an extra-large living room and dining area with a fireplace await. From the breakfast area, there is access to a gated atrium/patio. There are three bedrooms and one central bathroom. Adjacent to the kitchen is the utility room with laundry hookups, an independent, large sink basin, and plenty of storage space. The charming Craftsman design provides access to an attic area with additional storage space, too. This premium corner lot offers off-street and garage parking for up to 4 vehicles once renovated. The yard is big and currently has lemon and persimmon trees. Set between the popular areas of Leimert Park and Vermont Square, this area is growing! This home is to be sold as is and where is and shall require cash only or hard money financing. Bring your HGTV renovation imagination and make this your next project! NO BLIND OFFERS! BUYER MUST TOUR PROPERTY BY APPOINTMENT PRIOR TO SUBMITTING AN OFFER!

Last Agent to Sell the Property

Roddy de la Garza

eXp Realty of Greater Los Angeles License #01995374 Listed on: 12/03/2022

eXp Realty of Greater Los Angeles

Last Buyer's Agent

Justin Naoe

Real Broker License #01855054

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,335

Year Built

  • Built in 1913

Lot Details

  • 6,251 Sq Ft Lot
  • Lot Dimensions are 50x125
  • Partially Fenced Property
  • Privacy Fence
  • Corner Lot
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage
  • 2 Open Parking Spaces
  • Side by Side Parking
  • Driveway

Home Design

  • Craftsman Architecture
  • Shingle Roof
  • Synthetic Roof

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Dining Area
  • Atrium Room
  • Attic

Kitchen

  • Electric Oven
  • Gas and Electric Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Floor Furnace
  • Property is located within a water district
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5022-005-030

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,335

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Exclusions: None
  • Living Area: 1426
  • Lot Acreage: 0.1435
  • Lot Dimensions: 50x125
  • Stories: 1
  • Year Built: 1913
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Detached/No Common Walls
  • Fireplace Rooms: Living Room, Decorative
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Oven-Electric, Gas/Electric Range, Cooktop - Electric
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Bathroom Features: Shower and Tub, Shower Stall
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Eating Areas: Dining Area
  • Kitchen Features: Pantry
  • Laundry: Room, Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Gas Or Electric Dryer Hookup
  • Fireplace: Yes
  • Inclusions: None
  • Price Per S Q F T: 530.15

Exterior Features

  • Construction: Detached/No Common Walls
  • Other Structures: None
  • Fence: Partial, Privacy
  • Pool: No
  • Roof: Shingle, Synthetic
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Private Garage, Driveway - Concrete, Detached, Side By Side
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Heating: Floor Furnace
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5022-005-030
  • Lot Description: Curbs, Sidewalks, Street Lighting
  • Lot Location: Corner Lot
  • Lot Size Area: 6251

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2023
Sold by
Naoe Justin and Ali Saiyed Shayan
Bought by
Fructuoso Josemari A and Fructuoso Johannah C
Current Estimated Value
$988,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$966,625
Outstanding Balance
$942,822
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$11,945

Purchase Details

Listed on
Dec 3, 2022
Closed on
Mar 2, 2023
Sold by
Esparza Jacqueline
Bought by
Ali Saiyed Shayan
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
Buyer's Agent
Justin Naoe
Real Broker
List Price
$75,599,900
Sold Price
$700,000
Premium/Discount to List
-$74,899,900
-99.07%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.39%
Original Mortgage
$525,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2022
Closed on
Feb 28, 2023
Sold by
Castro Maria
Bought by
Naoe Justin
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
Buyer's Agent
Justin Naoe
Real Broker
List Price
$75,599,900
Sold Price
$700,000
Premium/Discount to List
-$74,899,900
-99.07%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 3, 2022
Closed on
Feb 26, 2023
Sold by
Betty L Quin 1995 Living Trust
Bought by
Naoe Justin and Ali Saiyed Shayan
Seller's Agent
Roddy de la Garza
eXp Realty of Greater Los Angeles
Buyer's Agent
Justin Naoe
Real Broker
List Price
$75,599,900
Sold Price
$700,000
Premium/Discount to List
-$74,899,900
-99.07%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 18, 1995
Sold by
Quin Betty L
Bought by
Quin Betty L and Betty L Quin 1995 Living Trust
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
Fructuoso Josemari A $1,000,000 First American Title
Ali Saiyed Shayan -- First American Title
Naoe Justin -- First American Title
Naoe Justin $700,000 First American Title
Quin Betty L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fructuoso Josemari A $966,625
Previous Owner Ali Saiyed Shayan $525,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2023 03/07/23 Sold $700,000 -7.4% $491 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
12/03/2022 12/03/22 Price Changed $755,999 -99.0% $530 / Sq Ft
12/03/2022 12/03/22 For Sale $75,599,900 -- $53,015 / 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 $12,335 $1,020,000 $663,000 $357,000
2024 $12,335 $1,000,000 $650,000 $350,000
2023 $1,009 $55,657 $26,364 $29,293
2022 $977 $54,567 $25,848 $28,719
2021 $957 $53,498 $25,342 $28,156
2020 $961 $52,951 $25,083 $27,868
2019 $936 $51,914 $24,592 $27,322
2018 $835 $50,897 $24,110 $26,787
2016 $789 $48,923 $23,175 $25,748
2015 $697 $48,189 $22,827 $25,362
2014 $710 $47,246 $22,380 $24,866
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-222064

The MLS

APN: 5022-005-030