NOT LISTED FOR SALE

Estimated Value: $1,155,557 - $1,455,000

6 Beds
4 Baths
1,950 Sq Ft
$654/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $889,000 $456 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $7,708/month

14 Days on Market

Highlights

  • Converted Garage
  • Living Room
  • Ceiling Fan
  • Bathtub with Shower

About This Home

As of April 2020

Fully occupied duplex for sale in vibrant neighborhood of mid-city in Los Angeles CA. Each spacious unit has 3 bedrooms and 2 bathrooms. Laminate wood and tile floors. Well kept. Garage has been prepared for ADU conversion with potential for additional income. Centrally located and within short distance of Mid-Wilshire/Miracle Mile.

Last Agent to Sell the Property

Melissa Urena

Real Broker License #01900591 Listed on: 02/21/2020

Real Broker

Co-Listed By

Michele Baca

JohnHart Corp. License #01340917

Last Buyer's Agent

Melissa Urena

Real Broker License #01900591 Listed on: 02/21/2020

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,706

Year Built

  • Built in 1925

Lot Details

  • 2,400 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,950 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room
  • Oven

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Parking

  • Converted Garage
  • On-Street Parking

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-010-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,706

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Fully occupied duplex for sale in vibrant neighborhood of mid-city in Los Angeles CA. Each spacious unit has 3 bedrooms and 2 bathrooms. Laminate wood and tile floors. Well kept. Garage has been prepared for ADU conversion with potential for additional income. Centrally located and within short distance of Mid-Wilshire/Miracle Mile.
  • Living Area: 1950
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Gas, Gas, Oven
  • Bedrooms: 6
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub, Tile
  • Kitchen Features: Counter Top
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 455.90

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Parking Garage: Converted Garage, On street

Utilities

  • Cooling: Ceiling Fan
  • Sewer: Unknown

Lot Info

  • Assessed Improvement Value: 81168
  • Assessed Land Value: 181818
  • Assessor Parcel Number: 5067-010-029
  • Geocode Override: No
  • Lot Description: Curbs, Sidewalks, Street Paved
  • Lot Size Area: 2400

Multi Family

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

Tax Info

  • Mello Roos: Unknown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 9, 2020
Sold by
Sturges Brian A
Bought by
Valencia Cory R
Seller's Agent
Melissa Urena
Real Broker
Buyer's Agent
Melissa Urena
Real Broker
List Price
$889,000
Sold Price
$889,000
Current Estimated Value
$1,274,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,889
Avg. Annual Appreciation
6.63%
Original Mortgage
$889,000
Outstanding Balance
$785,835
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$489,054

Purchase Details

Listed on
Jan 5, 2017
Closed on
May 26, 2017
Sold by
Lingenuity Llc
Bought by
Sturges Brian A
Seller's Agent
Miriam Bueno
No Firm Affiliation
List Price
$695,000
Sold Price
$589,000
Premium/Discount to List
-$106,000
-15.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.72%
Original Mortgage
$391,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2012
Closed on
May 31, 2012
Sold by
Lin Wen Hao
Bought by
Lingenuity Llc
Seller's Agent
Melanie Downing
Century 21 Masters
Buyer's Agent
Melanie Downing
Century 21 Masters
List Price
$249,000
Sold Price
$249,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.63%

Purchase Details

Listed on
Apr 20, 2012
Closed on
May 23, 2012
Sold by
Springleaf Financial Services Inc
Bought by
Lin Wenhau
Seller's Agent
Melanie Downing
Century 21 Masters
Buyer's Agent
Melanie Downing
Century 21 Masters
List Price
$249,000
Sold Price
$249,000

Purchase Details

Closed on
Mar 21, 2012
Sold by
Valencia Joseph E
Bought by
Springleaf Financial Services and American General Financial Services Inc

Purchase Details

Closed on
Nov 20, 1998
Sold by
Martinez Elia
Bought by
Valencia Joseph E and Valencia Claudette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Interest Rate
9.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valencia Cory R $889,000 Stewart Title Of Ca Inc
Sturges Brian A $589,000 Fatcola
Lingenuity Llc -- None Available
Lin Wenhau $249,000 Fidelity National Title Co
Springleaf Financial Services $243,000 None Available
Valencia Joseph E $138,000 Old Republic Title Company
Martinez Elia -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valencia Cory R $889,000
Previous Owner Sturges Brian A $391,500
Previous Owner Valencia Joseph E $110,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/09/2020 04/09/20 Sold $889,000 0.0% $456 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $889,000 +50.9% $456 / Sq Ft
06/13/2017 06/13/17 Sold $589,000 -15.3% $302 / Sq Ft View Prior Sale
03/06/2017 03/06/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $695,000 +179.1% $356 / Sq Ft
05/29/2012 05/29/12 Sold $249,000 0.0% $128 / Sq Ft View Prior Sale
05/22/2012 05/22/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $249,000 -- $128 / 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 $11,706 $972,247 $382,774 $589,473
2024 $11,706 $953,184 $375,269 $577,915
2023 $11,482 $934,495 $367,911 $566,584
2022 $10,951 $916,173 $360,698 $555,475
2021 $10,811 $898,210 $353,626 $544,584
2020 $7,754 $625,050 $594,276 $30,774
2019 $7,449 $612,795 $582,624 $30,171
2018 $7,412 $600,780 $571,200 $29,580
2016 $3,270 $257,830 $178,253 $79,577
2015 $3,225 $253,958 $175,576 $78,382
2014 $3,248 $248,984 $172,137 $76,847
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-556144

The MLS

APN: 5067-010-029