NOT LISTED FOR SALE

1806 S La Brea Ave Los Angeles, CA 90019

Mid-City Neighborhood

Estimated Value: $996,000 - $1,303,297

2 Beds
2 Baths
1,664 Sq Ft
$679/Sq Ft Est. Value

Last Sold January 25, 2019

Last sale price $770,000 $463 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,207/month

135 Days on Market

About This Home

As of January 2019

Charming spanish style duplex. Both units occupied. Great opportunity for a owner occupier or a developer to utilize the R3 zoned lot. The building consists of two 1 bedroom 1 bathroom units. The property is about a mile and a half from the Expo/La brea Metro Lite Rail stop, and less than a mile from the Midtown Shopping Center.

Last Agent to Sell the Property

Nick Bliley

Silver Lake Asset Management License #01943408 Listed on: 08/06/2018

Last Buyer's Agent

alice hines

VIP Premier Realty Corp License #01830275

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,529

Year Built

  • Built in 1924

Lot Details

  • 6,525 Sq Ft Lot

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-013-028

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,529

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 1664
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 510.82

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 29219
  • Assessed Land Value: 189394
  • Assessor Parcel Number: 5067-013-028
  • Geocode Override: No
  • Lot Size Area: 6525

Rental Info

  • Total Actual Rent: 16800.00

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 50.60
  • Number Of Units: 2
  • Total Annual Expense: 15489
  • Type Of Units: 1 Bedroom
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Jan 22, 2019
Sold by
1806 La Brea Llc
Bought by
Brea Square Llc
Seller's Agent
Nick Bliley
Silver Lake Asset Management
Buyer's Agent
alice hines
VIP Premier Realty Corp
List Price
$850,000
Sold Price
$770,000
Premium/Discount to List
-$80,000
-9.41%
Current Estimated Value
$1,155,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,972
Avg. Annual Appreciation
6.04%
Original Mortgage
$577,500
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2018
Sold by
Welch David Ryan
Bought by
1806 La Brea Llc

Purchase Details

Closed on
Oct 12, 2011
Sold by
Bank Of America N A
Bought by
Welch David Ryan

Purchase Details

Closed on
Jan 11, 2010
Sold by
Carrasco Joaquin
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 28, 2004
Sold by
Carrasco Joaquin
Bought by
Carrasco Joaquin and Carrasco Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,500
Interest Rate
5.69%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2003
Sold by
Carrasco Daisy
Bought by
Carrasco Joaquin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2002
Sold by
Carrasco Yesenia
Bought by
Carrasco Joaquin and Carrasco Daisy

Purchase Details

Closed on
Sep 8, 2000
Sold by
Vejar Enedelia
Bought by
Carrasco Yesenia

Purchase Details

Closed on
Aug 16, 2000
Sold by
Carter Antoinette M
Bought by
Vejar Enedelia
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brea Square Llc $770,000 Ticor Title
1806 La Brea Llc -- None Available
Welch David Ryan $202,000 None Available
Bank Of America Na $210,000 Accommodation
Carrasco Joaquin -- --
Carrasco Joaquin -- --
Carrasco Joaquin -- --
Carrasco Yesenia -- --
Vejar Enedelia -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brea Square Llc $3,829,000
Closed Brea Square Llc $577,500
Previous Owner Gold Laura Lee $800,000
Previous Owner Carrasco Joaquin $300,000
Previous Owner Carrasco Joaquin $150,000
Previous Owner Carrasco Joaquin $27,500
Previous Owner Carrasco Joaquin $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2019 01/25/19 Sold $770,000 -9.4% $463 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $850,000 -- $511 / 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 $10,529 $858,944 $669,309 $189,635
2024 $10,529 $842,103 $656,186 $185,917
2023 $10,332 $825,592 $643,320 $182,272
2022 $9,862 $809,405 $630,706 $178,699
2021 $9,739 $793,536 $618,340 $175,196
2019 $3,082 $227,443 $197,044 $30,399
2018 $2,968 $222,984 $193,181 $29,803
2016 $2,831 $214,328 $185,681 $28,647
2015 $2,793 $211,109 $182,892 $28,217
2014 $2,817 $206,975 $179,310 $27,665
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nick Bliley

    Silver Lake Asset Management

    (310) 623-9876

    Section Image
  • alice hines

    Buyer's Agent in 2019

    alice hines

    VIP Premier Realty Corp

    (323) 901-4010

    1 Total Sale

    Section Image
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Map

Source: The MLS

MLS Number: 18-384570

The MLS

APN: 5067-013-028

California Los Angeles County Los Angeles 90019 Mid-City

1806 S La Brea Ave, Los Angeles, CA

This home is located at 1806 S La Brea Ave, Los Angeles, CA 90019 since 06 August 2018 and is currently estimated at $1,130,324, approximately $679 per square foot. This property was built in 1924. 1806 S La Brea Ave is a home located in Los Angeles County with nearby schools including Alta Loma Elementary, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

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