NOT LISTED FOR SALE

1837 N Avenue 53 Los Angeles, CA 90042

Estimated Value: $1,265,000 - $2,041,000

6 Beds
4 Baths
2,727 Sq Ft
$638/Sq Ft Est. Value

Last Sold June 18, 2015

Last sale price $930,000 $341 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $10,310/month

20 Days on Market

Highlights

  • 12,898 Sq Ft lot
  • Modern Architecture
  • Central Heating and Cooling System
  • Wood Flooring
  • Walk-In Closet
  • East Facing Home

About This Home

As of June 2015

Rare opportunity. Perfect for live in one and rent the other. Fully Renovated 2 Houses on a lot. OVER 12,000 SQ Lot!! Stunning Modern look with a detached garages. Very rare and hard to find combination. Perfect for Owner user or use as an income property.

Last Agent to Sell the Property

Isaac Davidi

The Davidi Company License #01819489 Listed on: 04/29/2015

Last Buyer's Agent

Alex Todd

KW Advisors License #01973581

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,927

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 0.3 Acre Lot
  • East Facing Home

Parking

  • 4 Car Garage

Home Design

  • Modern Architecture
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,727 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5479-016-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,927

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Modern
  • Street Number Display: Yes
  • Living Area: 2727
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 6
  • Bedroom Features: WalkInCloset
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 330.03

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Shingle
  • View: No

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 4

Utilities

  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Sewer: On Site

Lot Info

  • Assessed Improvement Value: 180000
  • Assessed Land Value: 253000
  • Assessor Parcel Number: 5479-016-015
  • Geocode Override: No
  • Lot Size Area: 12898

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: 2 Units

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2020
Sold by
Motwani Sandeep and Erickson Tracy Christine
Bought by
Motwani Sandeep and Motwani Tracy Christine
Current Estimated Value
$1,739,188

Purchase Details

Closed on
Mar 2, 2018
Sold by
Chomiak Donald E
Bought by
Motwani Sandeep and Erickson Tracy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$963,000
Outstanding Balance
$825,604
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$913,584

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 8, 2015
Sold by
Motwani Sandeep and Chomiak Donald E
Bought by
Motwani Sandeep and Erickson Tracy C
Seller's Agent
Isaac Davidi
The Davidi Company
Buyer's Agent
Alex Todd
KW Advisors
List Price
$899,999
Sold Price
$930,000
Premium/Discount to List
$30,001
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.22%
Original Mortgage
$693,750
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 5, 2015
Sold by
Erickson Tracy C
Bought by
Motwani Sandeep
Seller's Agent
Isaac Davidi
The Davidi Company
Buyer's Agent
Alex Todd
KW Advisors
List Price
$899,999
Sold Price
$930,000
Premium/Discount to List
$30,001
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2015
Closed on
May 29, 2015
Sold by
Aldo Services Inc
Bought by
Motwani Sandeep and Chomiak Donald E
Seller's Agent
Isaac Davidi
The Davidi Company
Buyer's Agent
Alex Todd
KW Advisors
List Price
$899,999
Sold Price
$930,000
Premium/Discount to List
$30,001
3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
3.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 31, 2013
Closed on
Aug 28, 2013
Sold by
Revoc Mccartney Lea and Revoc 2005 Margarita Sakovitch
Bought by
Aldo Services Inc
Seller's Agent
ROBERT SILVA
SILVA REAL ESTATE GRP.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$350,000
Sold Price
$433,000
Premium/Discount to List
$83,000
23.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
53.28%

Purchase Details

Closed on
Aug 16, 2005
Sold by
Sakovitch Margarita
Bought by
Revoc Mccartney Lea and Revoc 2005 Margarita Sakovitch
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
Motwani Sandeep -- None Available
Motwani Sandeep -- None Available
Motwani Sandeep $330,500 Boston National Title Llc
Motwani Sandeep -- Ticor Title Company
Motwani Sandeep -- Ticor Title Company
Motwani Sandeep $930,000 Ticor Title Company
Aldo Services Inc $433,000 Ticor Title
Revoc Mccartney Lea -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Motwani Sandeep $963,000
Previous Owner Motwani Sandeep $693,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/18/2015 06/18/15 Sold $930,000 +3.3% $341 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $899,999 +107.9% $330 / Sq Ft
09/04/2013 09/04/13 Sold $433,000 +23.7% $198 / Sq Ft View Prior Sale
08/09/2013 08/09/13 Pending -- -- --
07/31/2013 07/31/13 For Sale $350,000 -- $160 / 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 $13,927 $1,139,479 $788,838 $350,641
2024 $13,927 $1,117,137 $773,371 $343,766
2023 $13,661 $1,095,233 $758,207 $337,026
2022 $13,032 $1,073,759 $743,341 $330,418
2021 $12,868 $1,052,706 $728,766 $323,940
2020 $12,997 $1,041,913 $721,294 $320,619
2019 $12,364 $1,010,984 $707,151 $303,833
2018 $12,059 $982,326 $686,572 $295,754
2016 $11,582 $944,182 $659,912 $284,270
2015 $6,414 $511,200 $258,054 $253,146
2014 -- $433,000 $253,000 $180,000
Source: Public Records

Agents Affiliated with this Home

  • Isaac Davidi

    Seller's Agent in 2015

    Isaac Davidi

    The Davidi Company

    (310) 997-0311

    46 Total Sales

    Isaac Davidi
    Section Image

  • A

    Buyer's Agent in 2015

    Alex Todd

    KW Advisors

  • ROBERT SILVA

    Seller's Agent in 2013

    ROBERT SILVA

    SILVA REAL ESTATE GRP.

    (323) 251-1975

    2 in this area

    26 Total Sales

    ROBERT SILVA
    Section Image

  • N

    Buyer's Agent in 2013

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    4 in this area

    6,004 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: The MLS

MLS Number: 15-900681

The MLS

APN: 5479-016-015

California Los Angeles County Los Angeles 90042

1837 N Avenue 53, Los Angeles, CA

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