NOT LISTED FOR SALE

Estimated Value: $1,205,000 - $1,487,841

4 Beds
2 Baths
2,176 Sq Ft
$617/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $970,000 $446 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $8,138/month

16 Days on Market

About This Home

As of September 2021

We are pleased to present for sale a beautiful duplex located in the highly desirable Mid-City neighborhood of Los Angeles! Both units are 2 bedroom/1 bath with floorplans that average over 1,000 square feet each. One of the two units will be delivered vacant at the close of escrow. Excellent owner user opportunity! Live in one and rent the other for excellent income, about 20% upside in rents! New wrought iron fence, electric garage doors, new double pane windows. Each unit is individually metered gas & electricity. Property is situated on a 6,361 sqft lot (plus an alley!) and is zoned LAR3, TOC Tier 3, meaning a developer can build 7 units by right or up to 14 units utilizing TOC incentives. Property is also located within a qualified Opportunity Zone, which may provide increased tax incentives. The possibilities with this property are endless! Live in one & rent the other, rent both units for income, or build NEW Construction. Do not wait for this opportunity to pass! Property to be sold As-Is. Contact listing agent (cell phone) for more details. Do not disturb tenant.

Last Agent to Sell the Property

Daniel Shamooelian

Keller Williams Beverly Hills License #01984269 Listed on: 07/06/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Kimberly Bui

License #01280953

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,553

Year Built

  • Built in 1922

Lot Details

  • 6,361 Sq Ft Lot

Interior Spaces

  • 2,176 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5067-013-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,553

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2176
  • Lot Acreage: 0.1460
  • Stories: 2
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 482.54

Exterior Features

  • Other Structures: None

Lot Info

  • Assessed Improvement Percent: 30.55
  • Assessed Improvement Value: 129826
  • Assessed Land Percent: 69.45
  • Assessed Land Value: 295068
  • Total Assessed Value: 424894
  • Assessor Parcel Number: 5067-013-019
  • Lot Size Area: 6361

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 21.00
  • Number Of Units: 2
  • Type Of Units: Income

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2025
Sold by
1852 Brea Square Llc
Bought by
Brea Point Llc
Current Estimated Value
$1,342,960

Purchase Details

Closed on
Mar 2, 2010
Sold by
The Bank Of New York
Bought by
Buendia Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,290
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2009
Sold by
Deleon Erwin Daniel
Bought by
The Bank Of New York

Purchase Details

Closed on
Jun 20, 2007
Sold by
Deleon Erwin Daniel
Bought by
Deleon Erwin Daniel

Purchase Details

Closed on
Nov 2, 2006
Sold by
Deleon Fatima
Bought by
Deleon Erwin Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 19, 2006
Sold by
Siegel Jeffrey and Estate Of Edna Mae Tona
Bought by
Deleon Erwin Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.37%
Mortgage Type
Credit Line Revolving
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
Brea Point Llc $1,051,500 None Listed On Document
Buendia Grace $360,000 Landsafe Title
The Bank Of New York $331,000 Landsafe Title
Deleon Erwin Daniel -- None Available
Deleon Erwin Daniel -- Old Republic Title
Deleon Erwin Daniel $600,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buendia Grace $331,290
Previous Owner Deleon Erwin Daniel $120,000
Previous Owner Deleon Erwin Daniel $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2021 09/24/21 Sold $970,000 -7.6% $446 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,050,000 -- $483 / 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 $12,553 $1,029,371 $742,845 $286,526
2024 $12,553 $1,009,188 $728,280 $280,908
2023 $12,317 $989,400 $714,000 $275,400
2022 $11,754 $970,000 $700,000 $270,000
2021 $5,474 $429,294 $298,124 $131,170
2019 $5,318 $416,564 $289,283 $127,281
2018 $5,224 $408,397 $283,611 $124,786
2016 $4,902 $392,541 $272,599 $119,942
2015 $4,833 $386,646 $268,505 $118,141
2014 $4,860 $379,073 $263,246 $115,827
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-756832

The MLS

APN: 5067-013-019