NOT LISTED FOR SALE

1921 Federal Ave Unit 1921 1/2 Los Angeles, CA 90025

Sawtelle Neighborhood

Estimated Value: $2,109,000 - $2,714,746

4 Beds
3 Baths
1,945 Sq Ft
$1,191/Sq Ft Est. Value

Last Sold May 07, 2015

Last sale price $1,300,000 $668 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $14,749/month

77 Days on Market

About This Home

As of May 2015

Just Reduced 150k! Developer's dream...... Huge 9,070 sq ft lot situated on amazing location in sought-after West L.A. 1930's Duplex first time on the market in 56 years Zoned LAR 2. Located on a large street, property offer to separate units, font unit built in 1957. Terrific opportunity for an owner/user or investor to acquire and re-build. This Lot has excellent potential / upside bring your developers / architects! Close to the bustling restaurant and commercial district of Sawtelle blvd. Property provides the new owner with significant rental upside once they do their magic, sold as-is. Please don't go direct or walk the property with out calling Listing agent. (Trust sale with no court confirmation.)

Last Agent to Sell the Property

David Pinkham

Pinkham Estates Realty License #01309220 Listed on: 12/11/2014

Last Buyer's Agent

David Pinkham

Pinkham Estates Realty License #01309220 Listed on: 12/11/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,505

Year Built

  • Built in 1930

Lot Details

  • 9,071

Parking

  • Driveway

Home Design

  • 1,945 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 9,071 Sq Ft Lot
  • Central Heating

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4262-027-029

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,505

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1945
  • Year Built: 1930
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 694.09

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 3 Car

Utilities

  • Heating: Central

Lot Info

  • Assessed Improvement Value: 41175
  • Assessed Land Value: 58575
  • Assessor Parcel Number: 4262-027-029
  • Geocode Override: No
  • Lot Size Area: 9071

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Rhbs Inc 401K Profit Sharing
Bought by
Luxury Plaza Llc
Current Estimated Value
$2,316,937

Purchase Details

Listed on
Dec 11, 2014
Closed on
Apr 29, 2015
Sold by
Morikawa Gregg T and The Mitsuru Morikawa & Marjori
Bought by
Rhbs Inc 401 K Profit Sharing
Seller's Agent
David Pinkham
Pinkham Estates Realty
Buyer's Agent
David Pinkham
Pinkham Estates Realty
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%

Purchase Details

Closed on
Apr 24, 2000
Sold by
Morikawa M
Bought by
Morikawa Marjorie

Purchase Details

Closed on
Sep 17, 1998
Sold by
Morikawa Mitsuru and Morikawa Marjorie M
Bought by
Morikawa Mitsuru and Morikawa Marjorie M
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
Luxury Plaza Llc $2,050,000 Chicago Title Company
Rhbs Inc 401 K Profit Sharing $1,300,000 Title 365
Morikawa Marjorie -- --
Morikawa Mitsuru -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2015 05/07/15 Sold $1,300,000 -13.3% $668 / Sq Ft
02/26/2015 02/26/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $1,500,000 -- $771 / 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 $25,505 $2,132,820 $1,924,740 $208,080
2024 $25,505 $2,091,000 $1,887,000 $204,000
2023 $25,011 $2,050,000 $1,850,000 $200,000
2022 $17,581 $1,472,285 $1,245,781 $226,504
2021 $17,367 $1,443,417 $1,221,354 $222,063
2020 $17,546 $1,428,618 $1,208,831 $219,787
2019 $16,849 $1,400,607 $1,185,129 $215,478
2018 $16,653 $1,373,145 $1,161,892 $211,253
2016 $15,931 $1,319,825 $1,116,775 $203,050
2015 $1,330 $101,742 $59,745 $41,997
2014 $1,351 $99,750 $58,575 $41,175
Source: Public Records

Agents Affiliated with this Home

  • David Pinkham

    Seller's Agent in 2015

    David Pinkham

    Pinkham Estates Realty

    (310) 435-8616

    3 in this area

    30 Total Sales

    David Pinkham
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Map

Source: The MLS

MLS Number: 14-815545

The MLS

APN: 4262-027-029

California Los Angeles County Los Angeles 90025 Sawtelle

1921 Federal Ave Unit 1921 1/2, Los Angeles, CA

This home is located at 1921 Federal Ave Unit 1921 1/2, Los Angeles, CA 90025 since 11 December 2014 and is currently estimated at $2,316,937, approximately $1,191 per square foot. This property was built in 1930. 1921 Federal Ave Unit 1921 1/2 is a home located in Los Angeles County with nearby schools including Nora Sterry Elementary School, Daniel Webster Middle School, and New West Charter School.

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