NOT LISTED FOR SALE

1953 Lansdowne Ave Los Angeles, CA 90032

El Sereno Neighborhood

Estimated Value: $820,000 - $903,421

4 Beds
2 Baths
1,460 Sq Ft
$579/Sq Ft Est. Value

Last Sold December 15, 2017

Last sale price $565,000 $387 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,125/month

12 Days on Market

Highlights

  • Laundry Room
  • City Terrace Elementary School Rated 9+
  • Back and Front Yard

About This Home

As of December 2017

GREAT INCOME PROPERTY!! Nice and well taken care of 2 units!! Front Unit has 2 Bed and 1 bath. Rear Unit has 2 Bed and 1 bath and laundry room. Separate gas and electric meters. Located a short distance from Downtown Los Angeles and close to Cal State Los Angeles College, transportations, stores, schools, easy access to freeways, South Pasadena, Montecito Heights, many amenities of life. Property is 4 beds and 2 baths, title shows only 3 bed and 1 bath, buyers to do their own investigation to verify permits with city.

Last Agent to Sell the Property

ANN-MARIE OLIVAS

RE/MAX FOOTHILLS License #01321659 Listed on: 11/02/2017

RE/MAX FOOTHILLS

Last Buyer's Agent

ANN-MARIE OLIVAS

RE/MAX FOOTHILLS License #01321659 Listed on: 11/02/2017

RE/MAX FOOTHILLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,860

Year Built

  • Built in 1941

Lot Details

  • 5,045 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,460 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 98
  • Tax Tract Number 10447
  • Assessor Parcel Number 5223019006

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $35,400
  • Net Operating Income $28,655

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,860

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Zoning: LAR1
  • Property Type: Residential Income
  • Parcel Number: 5223019006
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 386.99

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5045.00

Multi Family

  • Gross Income: 35400.00
  • Gross Scheduled Income: 35400.00
  • Net Operating Income: 28655.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 6745.00
  • Rent Control: Yes
  • Total Actual Rent: 2950.00

Tax Info

  • Tax Census Tract: 2017.00
  • Tax Lot: 98
  • Tax Tract Number: 10447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2017
Closed on
Nov 15, 2017
Sold by
Covarrubias Jose R and Covarrubias Maribel
Bought by
Marquez Mateo and Marquez Isabel W
Seller's Agent
ANN-MARIE OLIVAS
RE/MAX FOOTHILLS
Buyer's Agent
ANN-MARIE OLIVAS
RE/MAX FOOTHILLS
List Price
$545,000
Sold Price
$565,000
Premium/Discount to List
$20,000
3.67%
Current Estimated Value
$845,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,605
Avg. Annual Appreciation
5.28%
Original Mortgage
$423,750
Outstanding Balance
$233,561
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$612,044

Purchase Details

Closed on
Mar 1, 2010
Sold by
Mendoza Hector and Mendoza Bernadette
Bought by
Covarrubias Jose R and Covarrubias Maribel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2008
Sold by
Us Bank National Association
Bought by
Mendoza Hector and Mendoza Bernadette

Purchase Details

Closed on
Nov 19, 2007
Sold by
Rodriguez Maria J Venegas
Bought by
Us Bank Na and Mastr Asset Backed Securities Trust 2006

Purchase Details

Closed on
Apr 13, 2005
Sold by
Rodriguez Veronica N
Bought by
Rodriguez Maria J Venegas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2004
Sold by
Rodriguez Veronica N
Bought by
Rodriguez Veronica N and Rodriguez Maria J Venegas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2004
Sold by
Rodriguez Maria J Venegas
Bought by
Rodriguez Veronica N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2000
Sold by
Cruz Laura M
Bought by
Rodriguez Veronica N and Rodriguez Maria J Venegas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,798
Interest Rate
8.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Marquez Mateo $565,000 Fidelity National Title
Covarrubias Jose R $320,000 Equity Title Los Angeles
Mendoza Hector $177,000 Fidelity National Title Co
Us Bank Na $411,812 Lsi Title Fnds Division
Rodriguez Maria J Venegas -- --
Rodriguez Veronica N -- --
Rodriguez Veronica N -- Gateway Title Company
Rodriguez Veronica N $147,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marquez Mateo $423,750
Previous Owner Covarrubias Jose R $314,204
Previous Owner Rodriguez Maria J Venegas $271,000
Previous Owner Rodriguez Veronica N $225,000
Previous Owner Rodriguez Veronica N $145,798
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2017 12/15/17 Sold $565,000 +3.7% $387 / Sq Ft
11/02/2017 11/02/17 For Sale $545,000 -- $373 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,860 $642,870 $455,130 $187,740
2024 $7,860 $630,265 $446,206 $184,059
2023 $7,710 $617,907 $437,457 $180,450
2022 $7,354 $605,792 $428,880 $176,912
2021 $7,262 $593,915 $420,471 $173,444
2019 $7,047 $576,300 $408,000 $168,300
2018 $6,959 $565,000 $400,000 $165,000
2017 $4,444 $355,903 $222,440 $133,463
2016 $4,335 $348,926 $218,079 $130,847
2015 $4,273 $343,686 $214,804 $128,882
2014 $4,298 $336,955 $210,597 $126,358
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    ANN-MARIE OLIVAS

    RE/MAX

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17249648

California Regional Multiple Listing Service (CRMLS)

APN: 5223-019-006

California Los Angeles County Los Angeles 90032 El Sereno

1953 Lansdowne Ave, Los Angeles, CA

This home is located at 1953 Lansdowne Ave, Los Angeles, CA 90032 since 02 November 2017 and is currently estimated at $845,605, approximately $579 per square foot. This property was built in 1941. 1953 Lansdowne Ave is a home located in Los Angeles County with nearby schools including City Terrace Elementary School, El Sereno Middle School, and Woodrow Wilson Senior High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes