NOT LISTED FOR SALE

Estimated Value: $900,000 - $1,451,000

5 Beds
3 Baths
1,848 Sq Ft
$629/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $836,000 $452 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,017/month

13 Days on Market

About This Home

As of July 2018

Stunning, two homes/units on spacious corner lot in red-hot Jefferson Park area. Already remodeled and delivered vacant, easy opportunity for an owner occupant with high, stable rental income. The fully gated compound is covered by a magical purple Jacaranda tree. Legend has it that Jacaranda trees give good luck if a bloom falls on your head, or in this case your house, which is often covered in purple blossoms. The tree provides incredible shade and dappled light making this property truly something to behold. Each charming home/unit includes own spacious private patio oases, gated driveways, granite counters, new carpets and tile/laminate flooring, laundry, all appliances (stove, fridge, washer/dryer) and are BEAU-TI-FUL. One detached garage/workshop. One block from the value-adding, popular Expo Line, close to 10 fwy, central access to Santa Monica, Downtown, Hollywood and all of LA.

Last Agent to Sell the Property

Erik Flexner

Compass License #01352476 Listed on: 06/08/2018

Compass

Last Buyer's Agent

Jacqueline Tager

Sotheby's International Realty License #01476997

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,203

Year Built

  • Built in 1957

Lot Details

  • 5,237

Parking

  • 2 Car Garage

Home Design

  • 1,848 Sq Ft Home
  • Bungalow

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry in unit
  • 5,237 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5042-017-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,203

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Street Number Display: Yes
  • Living Area: 1848
  • Year Built: 1957
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 5
  • Kitchen Features: Granite Counters
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 410.71

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 134411
  • Assessed Land Value: 275555
  • Assessor Parcel Number: 5042-017-015
  • Geocode Override: No
  • Lot Size Area: 5237

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.38
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2022
Sold by
Adamski Natasha and Murphy Alex Brett
Bought by
Natasha Adamski And Alex Brett Murphy Living and Adamski
Current Estimated Value
$1,162,087

Purchase Details

Listed on
Jun 8, 2018
Closed on
Jul 10, 2018
Sold by
Townsend Joan
Bought by
Adamski Natasha and Murphy Alex Brett
Seller's Agent
Erik Flexner
Compass
Buyer's Agent
Jacqueline Tager
Sotheby's International Realty
List Price
$759,000
Sold Price
$836,000
Premium/Discount to List
$77,000
10.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$581,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2016
Sold by
Townsend Jean and Flexner Jenna
Bought by
Townsend Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 26, 2013
Sold by
Wedgewood Reo I Llc
Bought by
Townsend Jean and Flexner Jenna
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$349,900
Sold Price
$390,000
Premium/Discount to List
$40,100
11.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$290,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 20, 2013
Closed on
Aug 23, 2013
Sold by
Flexner Erik
Bought by
Flexner Jenna
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$349,900
Sold Price
$390,000
Premium/Discount to List
$40,100
11.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2013
Sold by
Martingale Investments Llc
Bought by
Wedgewood Reo I Llc

Purchase Details

Closed on
Oct 26, 2012
Sold by
Matthews Kellie M
Bought by
Martingale Investments Llc

Purchase Details

Closed on
Feb 11, 2003
Sold by
Matthews Kellie M and Matthews Patricia A
Bought by
Matthews Kellie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,500
Interest Rate
5.89%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 29, 2000
Sold by
Matthews Kellie M
Bought by
Matthews Kellie M and Matthews Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
8.08%

Purchase Details

Closed on
Mar 19, 2000
Sold by
Matthews Kellie M
Bought by
Matthews Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,500
Interest Rate
8.08%

Purchase Details

Closed on
Jul 4, 1994
Sold by
Matthews Kellie
Bought by
Matthews Patricia Ann and Matthews Edward Earl
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
Natasha Adamski And Alex Brett Murphy Living -- None Listed On Document
Adamski Natasha $836,000 Equity Title Los Angeles
Wakeland Amy Elaine -- Equity Title Los Angeles
Townsend Jean -- North American Title
Townsend Jean $390,000 Title 365
Flexner Jenna -- Title 365
Wedgewood Reo I Llc -- Accommodation
Martingale Investments Llc $225,000 Title 365
Matthews Kellie M -- --
Matthews Kellie M -- Old Republic Title
Matthews Patricia A -- --
Matthews Patricia Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adamski Natasha $581,000
Previous Owner Townsend Jean $283,000
Previous Owner Townsend Jean $290,000
Previous Owner Flexner Jenna $290,000
Previous Owner Matthews Kellie M $397,500
Previous Owner Matthews Kellie M $24,500
Closed Matthews Kellie M $397,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2018 07/20/18 Sold $836,000 +10.1% $452 / Sq Ft
06/08/2018 06/08/18 For Sale $759,000 +94.6% $411 / Sq Ft
08/30/2013 08/30/13 Sold $390,000 +11.5% $211 / Sq Ft View Prior Sale
07/01/2013 07/01/13 Pending -- -- --
06/20/2013 06/20/13 For Sale $349,900 -- $189 / 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 $11,203 $932,569 $758,550 $174,019
2024 $11,203 $914,284 $743,677 $170,607
2023 $10,989 $896,358 $729,096 $167,262
2022 $10,481 $878,783 $714,800 $163,983
2021 $10,346 $861,553 $700,785 $160,768
2020 $10,451 $852,720 $693,600 $159,120
2019 $10,036 $836,000 $680,000 $156,000
2018 $5,254 $418,165 $281,066 $137,099
2016 $4,955 $403,857 $300,304 $103,553
2015 $4,883 $397,792 $295,794 $101,998
2014 $4,910 $390,000 $290,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-352150

The MLS

APN: 5042-017-015