NOT LISTED FOR SALE

1842 Grace Ave Los Angeles, CA 90028

Hollywood Neighborhood

Estimated Value: $563,000 - $1,177,016

2 Beds
1 Bath
1,035 Sq Ft
$468/mo HOA Fee

Last Sold March 31, 2020

Last sale price $855,000 $826 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,565/month

23 Days on Market

Highlights

  • 13,109 Sq Ft lot
  • Wood Flooring
  • Formal Dining Room
  • Colonial Architecture
  • Courtyard Views
  • 3-minute walk to Franklin-Ivar Park

About This Home

As of March 2020

Don't pass up this opportunity to live the dream in El Cabrillo, the most sought after historic Spanish Colonial Revival courtyard condo complex in LA. Designed by Arthur & Nina Zwebell & built in 1927 by movie mogul Cecil B. Demille. This 2 bed 1 ba 1,035 sq. ft. home is waiting for you! This unit is located on the 2nd fl & features newly refinished hardwood floors, a gorgeous beehive fireplace, magnificent wooden ceilings, 2 balconies, in unit laundry, original French doors & casement windows w/ custom draperies. There's been an extensive bathroom renovation sparing no expense! The building & unit have undergone an extensive, detailed renovation & is a LA Historic-Cultural Monument #773. This is a Mills Act property w/ huge property tax benefits based on the Mills Act contract & not tied to purchase price. Owner pays $2,710 annually. Includes a leased parking space in the complex garage. Walkable to cafes, theaters & shops. Perfect for a 1031 exchange.

Last Agent to Sell the Property

Marisa Tranquilli

Keller Williams Larchmont License #01496558 Listed on: 02/07/2020

Keller Williams Larchmont

Last Buyer's Agent

David Ferrara

eXp Realty of California Inc License #02067191

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 1927

Lot Details

  • 0.3

HOA Fees

  • $468 Monthly HOA Fees

Parking

  • Automatic Gate

Home Design

  • Colonial Architecture
  • Clay Roof

Interior Spaces

  • 1,035 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Courtyard Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Double Vanity

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 5547-006-023

Community Details

Overview

  • 10 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,705

Year Built

Built in 1927

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Advertising Remarks: Don't pass up this opportunity to live the dream in El Cabrillo, the most sought after historic Spanish Colonial Revival courtyard condo complex in LA. Designed by Arthur & Nina Zwebell & built in 1927 by movie mogul Cecil B. Demille. This 2 bed 1 ba 1,035 sq. ft. home is waiting for you! This unit is located on the 2nd fl & features newly refinished hardwood floors, a gorgeous beehive fireplace, magnificent wooden ceilings, 2 balconies, in unit laundry, original French doors & casement windows w/ custom draperies. There's been an extensive bathroom renovation sparing no expense! The building & unit have undergone an extensive, detailed renovation & is a LA Historic-Cultural Monument #773. This is a Mills Act property w/ huge property tax benefits based on the Mills Act contract & not tied to purchase price. Owner pays $2,710 annually. Includes a leased parking space in the complex garage. Walkable to cafes, theaters & shops. Perfect for a 1031 exchange.
  • Complex Name: El Cabrillo
  • Entry Floor: 2
  • Living Area: 1035
  • Planned Urban Dev: 0
  • Unit Floor In Building: 2
  • Year Built: 1927
  • Number Of Photos: 36
  • State Abbrv: CA
  • Special Features: 1028
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Stone, Wood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Formal Dining Rm
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer, Water Filter
  • Fireplace: Yes
  • Price Per S Q F T: 845.41

Exterior Features

  • Construction: Concrete
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Clay
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: Permit/Decal

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Hot Water
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 468.14
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5547-006-023
  • Geocode Override: No
  • Lot Size Area: 13109

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2020
Closed on
Mar 4, 2020
Sold by
Cain Joshua B
Bought by
Benevento Vincent Michael
Seller's Agent
Marisa Tranquilli
Keller Williams Larchmont
Buyer's Agent
David Ferrara
eXp Realty of California Inc
List Price
$875,000
Sold Price
$855,000
Premium/Discount to List
-$20,000
-2.29%
Current Estimated Value
$895,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,754
Avg. Annual Appreciation
1.36%
Original Mortgage
$170,000
Outstanding Balance
$150,926
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$769,160

Purchase Details

Closed on
Jul 30, 2012
Sold by
Cain Joshua B and Pham Andrew M
Bought by
Cain Joshua B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2009
Sold by
Countrywide Bank Fsb
Bought by
Cain Joshua B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,920
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2007
Sold by
El Cabrillo Llc
Bought by
Murphy Tyler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
10%
Mortgage Type
New Conventional
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
Benevento Vincent Michael $855,000 Clearmark Title
Cain Joshua B -- Lsi Title Agency Inc
Cain Joshua B $429,000 None Available
Murphy Tyler $757,500 Chicago Title Subdivision
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benevento Vincent Michael $170,000
Previous Owner Cain Joshua B $328,000
Previous Owner Cain Joshua B $343,920
Previous Owner Murphy Tyler $151,500
Previous Owner Murphy Tyler $606,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2020 03/31/20 Sold $855,000 -2.3% $826 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/07/2020 02/07/20 For Sale $875,000 -- $845 / 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 $2,705 $205,000 $41,000 $164,000
2024 $2,705 $205,000 $41,000 $164,000
2023 $2,700 $205,000 $41,000 $164,000
2022 $2,654 $205,000 $41,000 $164,000
2021 $2,664 $205,000 $41,000 $164,000
2020 $2,766 $222,000 $44,400 $177,600
2019 $2,464 $222,000 $44,400 $177,600
2018 $2,741 $222,000 $44,400 $177,600
2016 $1,905 $156,000 $62,000 $94,000
2015 $1,900 $156,000 $62,000 $94,000
2014 $1,950 $156,000 $62,000 $94,000
Source: Public Records

Agents Affiliated with this Home

  • Marisa Tranquilli

    Seller's Agent in 2020

    Marisa Tranquilli

    Keller Williams Larchmont

    (213) 247-6130

    15 Total Sales

    Marisa Tranquilli
    Section Image

  • D

    Buyer's Agent in 2020

    David Ferrara

    eXp Realty of California Inc

    Section Image
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Map

Source: The MLS

MLS Number: 20-550820

The MLS

APN: 5547-006-023

California Los Angeles County Los Angeles 90028 Hollywood

1842 Grace Ave, Los Angeles, CA

This home is located at 1842 Grace Ave, Los Angeles, CA 90028 since 07 February 2020 and is currently estimated at $895,754, approximately $865 per square foot. This property was built in 1927. 1842 Grace Ave is a home located in Los Angeles County with nearby schools including Gardner Street Elementary School, Hubert Howe Bancroft Middle School, and Hollywood Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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