NOT LISTED FOR SALE

Estimated Value: $1,380,097 - $1,676,000

9 Beds
4 Baths
4,484 Sq Ft
$328/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,350,000 $301 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $9,127/month

37 Days on Market

Highlights

  • Deck
  • Breakfast Area or Nook
  • Living Room Balcony
  • Lawn
  • Fenced Yard
  • 4 Car Garage

About This Home

As of September 2021

A blueprint for real estate investment success can be drafted in several ways: competitive pricing, location, amenities, appeal, etc. 1920-1922.5 Harcourt Avenue is a value at this pricing, located in the popular Mid-City Los Angeles area, a quadraplex with two large and lovely remodeled and vacant units; its' appeal is evident upon view. Natural light invades the space, it is invited into. Each unit houses its own water heater; tenants pay electricity and gas, owners pay water. The laundry was built about four years ago, it has a tankless water heater and is adjacent to the garages. There is a spiral staircase that serves as access for the two upstairs units to the ground floor in back. This building requires no seismic retrofitting! The roof is approximately two years old. Dual driveways flank each side of the building. Harcourt is close to freeways, shopping centers, cultural spots and restaurants. The two ground units are occupied, so we thank you not to disturb the occupants. Please exercise existing CDC guidelines.

Last Agent to Sell the Property

Crystel Coleman

Ascent Real Estate Advisors License #01755460 Listed on: 07/07/2021

Last Buyer's Agent

Elliot Williams

Clean Slate CA Inc. License #02038907

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,591

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 7,308 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Tandem Parking
  • Shared Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 4,484 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • French Doors
  • Living Room
  • Laminate Flooring
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Located Outside
  • Leased Washer and Dryer

Outdoor Features

  • Living Room Balcony
  • Deck
  • Front Porch

Location

  • City Lot

Utilities

  • Property is located within a water district
  • Multi-Tank Gas Water Heater
  • Sewer in Street

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gardener
  • Assessor Parcel Number 5061-016-045

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,591

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 4484
  • Lot Acreage: 0.1678
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Living Room Balcony, Mirrored Closet Door(s)
  • Number Carpet: 0
  • Number Dishwasher: 0
  • Number Disposal: 0
  • Fireplace Rooms: Decorative
  • Flooring: Mixed, Laminate
  • Bedrooms: 9
  • Common Walls: Attached
  • Bathroom Features: Remodeled, Shower and Tub
  • Kitchen Features: Remodeled
  • Laundry: Outside
  • Laundry Equipment: Lease
  • Total Bathrooms: 4.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 293.26

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: French Doors, Balcony
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Construction: Frame and Stucco
  • Number Patio: 2
  • Patio: Deck(s), Porch - Front, Porch - Rear
  • Paved: No
  • Pool: No
  • Roof: Flat, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 1
  • Number Rented Garages: 0
  • Parking Garage: Assigned, Driveway, Tandem, Shared Driveway, Garage - 1 Car, Garage - 2 Car, Garage - 3 Car, Garage - 4+ Car, Garage Is Detached
  • Total Parking: 4

Utilities

  • Water Heater: Gas, Multi-Tank, Water Heater Unit
  • Cooling: Ceiling Fan
  • Number Gas Meters: 4
  • Number Water Meters: 4
  • Sewer: In Street Paid
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 32.57
  • Assessed Improvement Value: 281108
  • Assessed Land Percent: 67.43
  • Assessed Land Value: 581869
  • Total Assessed Value: 862977
  • Assessor Parcel Number: 5061-016-045
  • Lot Description: Back Yard, Fenced, Fenced Yard, Front Yard, Lawn
  • Lot Location: City
  • Lot Size Area: 7308

Rental Info

  • Number Leased: 2
  • Garage Rental Rate: 0
  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Number Of Units: 4
  • Number Wall A C: 0
  • Type Of Units: Income

Tax Info

  • Mello Roos: Unknown

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 2, 2023
Sold by
Vanderwel Heidi and Vanderwel Elias B
Bought by
Team K Llc
Current Estimated Value
$1,469,274

Purchase Details

Closed on
Jul 8, 2005
Sold by
Coleman Kevin M
Bought by
Coleman Kevin M and Coleman Crystel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 26, 2005
Sold by
Anthony Marc S
Bought by
Coleman Kevin M and Coleman Crystel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
2.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 14, 1999
Sold by
Anthony John W
Bought by
Anthony Marc S and Anthony Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1999
Sold by
Anthony Frances A
Bought by
Anthony John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Team K Llc $1,300,000 Fidelity National Title
Coleman Kevin M -- --
Coleman Kevin M $665,000 Advantage Title Inc
Anthony Marc S -- --
Anthony John W $290,000 Old Republic Title
Anthony John W -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Kevin M $532,000
Previous Owner Anthony John W $261,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2021 09/15/21 Sold $1,350,000 +2.7% $301 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/09/2021 08/09/21 Price Changed $1,315,000 0.0% $293 / Sq Ft
08/09/2021 08/09/21 For Sale $1,315,000 +2.3% $293 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $1,285,000 -- $287 / 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 $16,591 $1,352,520 $936,360 $416,160
2024 $16,591 $1,326,000 $918,000 $408,000
2023 $17,203 $1,377,000 $816,000 $561,000
2022 $16,417 $1,350,000 $800,000 $550,000
2021 $10,893 $871,917 $587,897 $284,020
2019 $10,576 $846,057 $570,460 $275,597
2018 $10,159 $822,659 $559,275 $263,384
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-756608

The MLS

APN: 5061-016-045