NOT LISTED FOR SALE

Estimated Value: $2,661,000 - $3,957,943

8 Beds
5 Baths
4,810 Sq Ft
$657/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $2,600,000 $541 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $19,275/month

21 Days on Market

Highlights

  • Primary Bedroom Suite
  • Den
  • 6 Car Attached Garage
  • Attic
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of May 2023

Attention Developers, Architects and Builders, here is an amazing R2 opportunity in a prime westside location. This large lot is 10,583. Front unit was 1222sqft before being lost to a fire. The back unit is currently 3,588sqft, with 5 bedrooms and 4 baths. This area is exploding with development, with numerous multi-family homes, new mall and shops coming on Bundy, adjacent to Little Japantown and the trendy Sawtelle Blvd Shops. Don't miss this location with tremendous upside potential!

Last Agent to Sell the Property

Kimberly Lancaster-Grunig

Real Broker License #01958795 Listed on: 04/19/2023

Real Broker

Co-Listed By

Kofi Nartey

Globl RED License #01404511

Last Buyer's Agent

Alex Baker

Pardee Properties License #01999006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,426

Year Built

  • Built in 1920

Lot Details

  • 10,583 Sq Ft Lot
  • East Facing Home
  • Back and Front Yard
  • Tear Down
  • Property is zoned LAR2

Home Design

  • Fixer Upper

Interior Spaces

  • 4,810 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Den
  • Carpet
  • Laundry Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 5 Bathrooms
  • Bathtub with Shower

Parking

  • 6 Car Attached Garage
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4261-027-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,426

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Attention Developers, Architects and Builders, here is an amazing R2 opportunity in a prime westside location. This large lot is 10,583. Front unit was 1222sqft before being lost to a fire. The back unit is currently 3,588sqft, with 5 bedrooms and 4 baths. This area is exploding with development, with numerous multi-family homes, new mall and shops coming on Bundy, adjacent to Little Japantown and the trendy Sawtelle Blvd Shops. Don't miss this location with tremendous upside potential!
  • Living Area: 4810
  • Lot Acreage: 0.2430
  • Property Condition: Fixer, Tear Down
  • Stories: 1
  • Year Built: 1920
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Rooms: Family Room
  • Flooring: Carpet
  • Bedrooms: 8
  • Bedroom Features: Master Bedroom, Master Suite, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower and Tub
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 5.00
  • Equipment: Range/Oven, Dishwasher, Garbage Disposal
  • Price Per S Q F T: 477.13

Exterior Features

  • Direction Faces: East
  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Garage Is Attached
  • Total Parking: 6

Utilities

  • Heating: Wall, Fireplace

Lot Info

  • Assessed Improvement Percent: 64.70
  • Assessed Improvement Value: 139290
  • Assessed Land Percent: 35.3
  • Assessed Land Value: 75980
  • Total Assessed Value: 215270
  • Assessor Parcel Number: 4261-027-005
  • Lot Description: Back Yard, Front Yard
  • Lot Size Area: 10583

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
May 25, 2023
Sold by
Watanabe Rick Kahn
Bought by
Jean James and Torikai Chihiro
Seller's Agent
Kimberly Lancaster-Grunig
Real Broker
Buyer's Agent
Alex Baker
Pardee Properties
List Price
$2,295,000
Sold Price
$2,600,000
Premium/Discount to List
$305,000
13.29%
Views
61
Current Estimated Value
$3,159,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$559,986
Avg. Annual Appreciation
8.43%

Purchase Details

Closed on
Oct 11, 2005
Sold by
Watanabe Tom Akira and Watanabe Lucille Yoshiye
Bought by
Watanabe Tom Akira and Watanabe Lucille Yoshiye
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
Jean James $2,600,000 Chicago Title Company
Watanabe Tom Gar -- Chicago Title Company
Watanabe Rick Kahn -- Chicago Title Company
Watanabe Tom Akira -- --
Watanabe Tom Akira -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $2,600,000 +13.3% $541 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $2,295,000 -- $477 / 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 $32,426 $2,705,040 $1,040,400 $1,664,640
2024 $32,426 $2,652,000 $1,020,000 $1,632,000
2023 $3,164 $219,574 $77,499 $142,075
2022 $3,037 $215,270 $75,980 $139,290
2021 $2,968 $211,050 $74,491 $136,559
2020 $2,987 $208,887 $73,728 $135,159
2019 $2,887 $204,792 $72,283 $132,509
2018 $2,725 $200,777 $70,866 $129,911
2016 $2,552 $192,982 $68,115 $124,867
2015 $2,518 $190,084 $67,092 $122,992
2014 $2,541 $186,361 $65,778 $120,583
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-261967

The MLS

APN: 4261-027-005