NOT LISTED FOR SALE

1906 S Palm Grove Ave Unit 2 Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,977,988 - $2,177,000

2 Beds
2 Baths
1,150 Sq Ft
7,405 Sq Ft Lot

Highlights

  • City Lights View
  • Wood Flooring
  • Central Heating and Cooling System
  • Contemporary Architecture
  • Walk-In Closet
  • Dining Room

About This Home

As of December 2019

1 of 3 Stunning newly fully remodeled leases available in a 3-unit triplex in mid city! This property features a FIRST FLOOR 2BED/2BATH layout w/views of the the lush landscaped yard. Each unit showcases an incredible open floor plan w/ modern elements, new kitchen cabinetry, stainless steel appliances, ample closet space, abundant natural light, new windows, central A/C & heat, recessed lighting, wood flooring throughout and much more. Additional features incl motorized gated entry, ample driveway parking & optional storage garage, motion detected exterior lighting, updated plumbing & electrical, washer/dryer, tankless water heater, new driveway & large private landscaped yard. Brand new appliances, refrigerator, washer/dryer, microwave included! Located walking distance to restaurants, shopping and more!

Last Agent to Rent the Property

Anh Tran

Keller Williams Larchmont License #01465571 Listed on: 09/28/2019

Keller Williams Larchmont

Co-Listed By

Ian Cherney

Keller Williams Larchmont License #01936525

Keller Williams Larchmont

Last Renter's Agent

Ian Cherney

Keller Williams Larchmont License #01936525

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $24,971

Year Built

  • Built in 1922

Lot Details

  • 7,405

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,150 Sq Ft Home
  • Dining Room
  • Wood Flooring
  • City Lights Views
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Security Deposit $2,990
  • Tenant pays for cable TV, electricity, gas, insurance, trash collection, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5061-015-041

Condo Details

Home Type

Condominium

Est. Annual Taxes

$24,971

Year Built

Built in 1922

Lot Details

0

Rental Info

  • Security Deposit: 2990
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Trash Collection, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1150
  • Year Built: 1922
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 2.48

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: City, City Lights
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5061-015-041
  • Geocode Override: No
  • Lot Size Area: 7417

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2022
Sold by
Potomac Partners Llc
Bought by
Kim Kyungae
Current Estimated Value
$2,060,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Outstanding Balance
$1,267,506
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$792,991

Purchase Details

Closed on
May 8, 2019
Sold by
Metratron La 2Nd Group Llc
Bought by
Potomac Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 13, 2017
Sold by
Kislev Holdings Llc
Bought by
Metatron La 2Nd Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.85%

Purchase Details

Closed on
Jan 10, 2017
Sold by
England Judith
Bought by
Kislev Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2004
Sold by
Morgan Thelma
Bought by
England Judith

Purchase Details

Closed on
Aug 1, 2003
Sold by
England Judith
Bought by
England Judith
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
Kim Kyungae $1,950,000 Lawyers Title
Potomac Partners Llc $1,610,000 Stewart Title
Metatron La 2Nd Group Llc $660,000 Chicago Title Company
Kislev Holdings Llc -- Progressive Title Company
England Judith -- --
England Judith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Kyungae $1,365,000
Previous Owner Potomac Partners Llc $960,000
Previous Owner Metatron La 2Nd Group Llc $700,000
Previous Owner Kislev Holdings Llc $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2019 12/16/19 Rented $2,800 -1.8% --
12/15/2019 12/15/19 Under Contract -- -- --
11/27/2019 11/27/19 Price Changed $2,850 -1.7% $2 / Sq Ft
10/26/2019 10/26/19 Price Changed $2,900 -3.0% $3 / Sq Ft
09/28/2019 09/28/19 For Rent $2,990 -- --
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 $24,971 $2,069,355 $1,379,570 $689,785
2024 $24,971 $2,028,780 $1,352,520 $676,260
2023 $24,492 $1,989,000 $1,326,000 $663,000
2022 $19,970 $1,659,211 $1,236,680 $422,531
2021 $19,713 $1,626,679 $1,212,432 $414,247
2019 $8,329 $673,200 $510,000 $163,200
2018 $8,185 $660,000 $500,000 $160,000
2017 $1 $600,511 $480,413 $120,098
2016 $7,274 $588,738 $470,994 $117,744
2015 $7,170 $579,896 $463,920 $115,976
2014 $7,205 $568,538 $454,833 $113,705
Source: Public Records

Agents Affiliated with this Home

  • Anh Tran

    Landlord's Agent in 2019

    Anh Tran

    Keller Williams Larchmont

    (310) 430-1333

    48 Total Sales

    Anh Tran
    Section Image

  • I

    Landlord's Co-Listing Agent in 2019

    Ian Cherney

    Keller Williams Larchmont

    (323) 762-2600

    16 Total Sales

    Ian Cherney
    Section Image
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Map

Source: The MLS

MLS Number: 19-515580

The MLS

APN: 5061-015-041

California Los Angeles County Los Angeles 90016 Mid-City

1906 S Palm Grove Ave Unit 2, Los Angeles, CA

Not Listed for Sale

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