NOT LISTED FOR SALE

Estimated Value: $1,294,095 - $1,556,000

6 Beds
3 Baths
2,833 Sq Ft
$507/Sq Ft Est. Value

Last Sold March 23, 2024

Last sale price $1,488,250 $525 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,254/month

12 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Central Heating

About This Home

As of March 2024

A Rare Opportunity to own a Graciously Restored & Uniquely Authentic Spanish Duplex in Mid-City. Lovingly cared for with excellent tenants in place in both units. Proudly perched on the highest hill (of the street and neighborhood!) - with beautiful San Gabriel Mountain Views from upstairs.This is THE ONE you've waited for. Classic 1930's original character throughout, fresh updated art-deco kitchen, and great natural light from every room. The property offers 2-units (upstairs unit / downstairs unit configuration), and each unit has 3 Bedrooms. Located on a beautiful tree-lined street with easy access to Miracle Mile, Culver City Arts District, The Grove, Cedar Sinai, and I-10. There's a true romance in original Cal-Spanish architecture, and this property certainly doesn't disappoint: From the patina of the original courtyard fountain to the authentic grid pattern in the living room windows, character abounds. Original bronzed hardware, door handles, and oak hardwood floors. The kitchens were updated respectfully (around 2002) with tasteful white/black art-deco tiling, a classic Wedgwood stove, and period-appropriate linoleum flooring. Newer appliances include BOSCH dishwasher, fridge and new washer & dryers. System upgrades from 2002 include furnace, bolted foundation, main copper line, electrical upgrade (again, all circa 2002). Newer hot water heater on Feb 2024.The native gardens have been meticulously curated and provide an incredibly lush, yet intimate atmosphere. The Spanish architecture and curb appeal are framed perfectly by verdant mature plants (including a proudly fruitful key lime tree in the front). The backyard experience is breathtaking, with custom garden boxes, built-in seating, 90-year old pine tree, and a custom lattice trellis for your future wine grapes or star jasmine. The private gardener's "potting" room is adjacent to the 2 single car garages. Mid-City is a close-knit, well-known historic Angeleno community in prime location between Downtown LA and the Westside. Many restaurants, cafes, and shops all around near Pico Blvd, West Adams, Culver City, Miracle Mile and West 3rd too. This is the one you hoped would hit the market - an incredibly well-preserved, lovingly cared for architectural property with charm, character, and great style.

Last Agent to Sell the Property

Rachel Hsieh

Keller Williams Realty Los Feliz License #01701809 Listed on: 02/15/2024

Keller Williams Realty Los Feliz

Last Buyer's Agent

Benjamin Kahle

Compass License #01951554

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,191

Year Built

  • Built in 1936

Lot Details

  • 5,808 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 2,833 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Wood Flooring
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 2 Parking Spaces
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5064-001-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,191

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2833
  • Lot Acreage: 0.1333
  • Stories: 2
  • Year Built: 1936
  • Number Of Photos: 33
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer
  • Price Per S Q F T: 503.00

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, Driveway
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Central

Lot Info

  • Assessed Improvement Percent: 40.00
  • Assessed Improvement Value: 156182
  • Assessed Land Percent: 60
  • Assessed Land Value: 234279
  • Total Assessed Value: 390461
  • Assessor Parcel Number: 5064-001-009
  • Lot Size Area: 5808

Rental Info

  • Total Actual Rent: 83316.00

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 17.00
  • Number Of Units: 2
  • Total Annual Expense: 26612
  • Type Of Units: Duplex
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Mar 8, 2024
Sold by
Schaffer-Sheehan Trust and Schaffer Robert N
Bought by
Winthrop Andrew
Seller's Agent
Rachel Hsieh
Keller Williams Realty Los Feliz
Buyer's Agent
Benjamin Kahle
Compass
List Price
$1,425,000
Sold Price
$1,488,250
Premium/Discount to List
$63,250
4.44%
Views
44
Current Estimated Value
$1,435,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$52,726
Avg. Annual Appreciation
-2.90%
Original Mortgage
$200,000
Outstanding Balance
$197,227
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$1,230,183

Purchase Details

Closed on
Aug 27, 2011
Sold by
Sheehan Margaret M
Bought by
Sheehan Margaret M and Schaffer Robert N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,700
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 24, 2002
Sold by
Lugmoc Mary Jennette Lim and Sison Agnes Ramos
Bought by
Sheehan Margaret M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.25%

Purchase Details

Closed on
Feb 22, 2000
Sold by
Sison Romulo
Bought by
Sison Agnes Ramos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
8.27%

Purchase Details

Closed on
Oct 28, 1999
Sold by
Berry Ken
Bought by
Associates Home Equity Services Inc and Ford Consumer Finance Company Inc

Purchase Details

Closed on
Jun 17, 1997
Sold by
Barcelona Investment Properties Inc
Bought by
Berry Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,675
Interest Rate
7.94%

Purchase Details

Closed on
Jan 21, 1997
Sold by
Great Western Bank Fsb
Bought by
Barcelona Investment Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.81%

Purchase Details

Closed on
Mar 27, 1996
Sold by
Barron Salvador and Barron Maria E
Bought by
Great Western Bank Fsb

Purchase Details

Closed on
Aug 18, 1994
Sold by
Briseno Antoinio
Bought by
Acosta Carmelo
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
Winthrop Andrew $1,488,500 Fidelity National Title
Sheehan Margaret M -- Equity Title Company
Sheehan Margaret M $275,000 Gateway Title Company
Sison Agnes Ramos -- First American Title Ins Co
Lugmoc Mary Jennette Lim $235,000 First American Title Ins Co
Associates Home Equity Services Inc $205,000 Benefit Land Title Insurance
Berry Ken $240,000 --
Barcelona Investment Properties Inc $138,000 --
Great Western Bank Fsb $100,043 Chicago Title Co
Acosta Carmelo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winthrop Andrew $200,000
Open Winthrop Andrew $1,190,600
Previous Owner Sheehan Margaret M $323,000
Previous Owner Sheehan Margaret M $378,700
Previous Owner Sheehan Margaret M $437,000
Previous Owner Sheehan Margaret M $374,000
Previous Owner Sheehan Margaret M $150,000
Previous Owner Sheehan Margaret M $333,700
Previous Owner Sheehan Margaret M $287,500
Previous Owner Sheehan Margaret M $220,000
Previous Owner Lugmoc Mary Jennette Lim $235,000
Previous Owner Berry Ken $191,675
Previous Owner Barcelona Investment Properties Inc $135,000
Closed Berry Ken $20,000
Closed Sheehan Margaret M $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2024 03/23/24 Sold $1,488,250 +4.4% $525 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/15/2024 02/15/24 For Sale $1,425,000 -4.2% $503 / Sq Ft
02/07/2024 02/07/24 Off Market $1,488,250 -- --
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 $5,191 $1,518,015 $1,020,000 $498,015
2024 $5,191 $398,269 $238,964 $159,305
2023 $5,100 $390,461 $234,279 $156,182
2022 $4,876 $382,806 $229,686 $153,120
2021 $4,801 $375,301 $225,183 $150,118
2019 $4,663 $364,171 $218,505 $145,666
2018 $4,575 $357,031 $214,221 $142,810
2016 $4,353 $343,168 $205,903 $137,265
2015 $4,292 $338,015 $202,811 $135,204
2014 $4,319 $331,395 $198,839 $132,556
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-350389

The MLS

APN: 5064-001-009