NOT LISTED FOR SALE

1848 Federal Ave Unit 1848 1/2 Los Angeles, CA 90025

Sawtelle Neighborhood

Estimated Value: $1,738,000 - $5,973,000

4 Beds
4 Baths
2,035 Sq Ft
5,645 Sq Ft Lot

Highlights

  • New Construction
  • Dual Staircase
  • End Unit
  • City View
  • Contemporary Architecture
  • Quartz Countertops

About This Home

As of June 2024

Brand new construction in 2020, this 4 bedroom/4 bathroom apartment is perfect for several roommates or tenants looking for adequate space. The property includes (4) units, with 1848 1/2 being on the back half of the property and off the street. Kitchens and bathrooms come with quartz counters, recently new appliances, and plenty of cabinets and counter space. The apartment has laminate flooring throughout (except tile in bathrooms) so pets are acceptable. The separation of spaces is great, with a bedroom on the entry, ground level, one bedroom on the middle level, and two bedrooms on the top floor. Three of the bedrooms have private corner balconies. Each unit in the building receives two (tandem) parking spots in the rear carport with alley access. Privately owned and managed, this small complex provides a home-like feel for tenants in a convenient West-LA location....close to Sawtelle dining, freeway access and community parks, but still close enough to the coast.

Last Agent to Rent the Property

Chad Barnes

Coldwell Banker Realty License #01926367 Listed on: 03/29/2024

Coldwell Banker Realty

Last Renter's Agent

Chad Barnes

Coldwell Banker Realty License #01926367 Listed on: 03/29/2024

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,364

Year Built

  • Built in 2020 | New Construction

Lot Details

  • End Unit
  • West Facing Home

Property Views

  • City
  • Trees

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Entry on the 1st floor
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,035 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Living Room
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Mirrored Closets Doors
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Tandem Parking
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $7,000
  • $14,000 Move-In Fee
  • Tenant pays for cable TV, electricity, gas, water, trash collection
  • Rent includes gardener
  • 12 Month Lease Term
  • Assessor Parcel Number 4261-025-019

Community Details

Overview

  • 4 Units

Pet Policy

  • Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$49,364

Year Built

Built in 2020 | New Construction

Lot Details

0

Rental Info

  • Credit Report Required: Yes
  • Not Included In Rent: Utilities
  • Rent Includes: Gardener
  • Security Deposit: 7000
  • Tenant Pays: Cable TV, Electricity, Gas, Water, Trash Collection
  • Total Move In Costs: 14000.00

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1+Year
  • Living Area: 2035
  • Lot Acreage: 0.1296
  • Monthto Month: No
  • Property Condition: New Construction
  • Stories: 3
  • Year Built: 2020
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: 2 Staircases, Mirrored Closet Door(s)
  • Flooring: Laminate
  • Appliances: Microwave, Oven-Gas
  • Bedrooms: 4
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Tile
  • Three Quarter Bathrooms: 3
  • Kitchen Features: Island, Quartz Counters
  • Laundry: In Unit, On Upper Level
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Fireplace: No
  • Price Per S Q F T: 3.32

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony, End Unit
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Carport, Assigned, Covered Parking, Tandem
  • Total Parking: 2

Utilities

  • Water Heater: Tankless
  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Condo/Co-op/Association

  • Unit Location: Back

Lot Info

  • Assessor Parcel Number: 4261-025-019
  • Lot Location: Alley Access
  • Lot Size Area: 5647

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2020
Sold by
Bee Hyun Woo and Bae Caroline Mimi
Bought by
Federal Ave Partners Llc
Current Estimated Value
$4,099,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,301,000
Outstanding Balance
$2,036,078
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$2,063,688

Purchase Details

Closed on
Oct 6, 2020
Sold by
Federal Expert Llc
Bought by
Bae Hyun Woo and Bae Caroline Mimi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,301,000
Outstanding Balance
$2,036,078
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$2,063,688

Purchase Details

Closed on
Jun 20, 2019
Sold by
Feder
Bought by
Cyla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.84%

Purchase Details

Closed on
Feb 9, 2018
Sold by
Munoz Horacio B and Horacio B Munoz Living Trust
Bought by
Federal Expert Llc

Purchase Details

Closed on
Mar 14, 2009
Sold by
Munoz Horacio
Bought by
Munoz Horacio B and The Horacio B Munoz Revocable

Purchase Details

Closed on
May 17, 2002
Sold by
Munoz Virginia
Bought by
Munoz Virginia and Munoz Horacio
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
Federal Ave Partners Llc -- Provident Title Company
Bae Hyun Woo $3,835,000 Provident Title Company
Cyla -- --
Federal Expert Llc $1,350,000 First American Title Company
Munoz Horacio B -- None Available
Munoz Virginia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bae Hyun Woo $2,301,000
Previous Owner Cyla --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Rented $6,500 -3.7% --
06/06/2024 06/06/24 Price Changed $6,750 -0.7% $3 / Sq Ft
05/31/2024 05/31/24 Price Changed $6,800 -2.2% $3 / Sq Ft
05/10/2024 05/10/24 Price Changed $6,950 -0.7% $3 / Sq Ft
03/29/2024 03/29/24 For Rent $7,000 -- --
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 $49,364 $4,151,126 $3,247,296 $903,830
2024 $49,364 $4,069,732 $3,183,624 $886,108
2023 $48,399 $3,989,934 $3,121,200 $868,734
2022 $46,129 $3,911,700 $3,060,000 $851,700
2021 $45,550 $3,835,000 $3,000,000 $835,000
2020 $15,839 $1,404,540 $1,248,480 $156,060
2019 $16,231 $1,377,000 $1,224,000 $153,000
2018 $1,002 $80,743 $76,896 $3,847
2016 $909 $77,610 $73,911 $3,699
2015 $894 $76,445 $72,801 $3,644
2014 $909 $74,948 $71,375 $3,573
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-374499

The MLS

APN: 4261-025-019