1964 Park Grove Ave Los Angeles, CA 90007
University Park Neighborhood
6
Beds
4
Baths
2,377
Sq Ft
6,524
Sq Ft Lot
Highlights
- RV Access or Parking
- City Lights View
- Living Room
- Primary Bedroom Suite
- Craftsman Architecture
- 4-minute walk to Estrella Park
About This Home
As of November 2020Rare opportunity to purchase in North University Park. 1901 Historic Craftsman duplex located within the USC Department of Public Safety Patrol Zone in an area with high comparable rents on a parcel with upside for development in a spacious backyard boasting fully developed Orange trees, a mature Avocado tree, baby pear trees, and two detached storage sheds. Multifamily zoning of RD 1.5, TOC 3 parcel near Expo Line, Blue Line, DTLA, LA Live, near great supermarkets like Whole Foods, Trader Joes, Ralphs, Target, and more. Current floorplan of 3 bed/2 bath for both the upper and lower unit in a high rent area of the city makes this property a winner for either an investor/developer or an owner occupied looking for something more spacious with character. Buyer to verify all sq footage and permitting. Showing by appointment only. May be able to add 2-4 additional units.
Last Agent to Sell the Property
Your Home Team Real Estate License #01128308 Listed on: 08/19/2020
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,183
Year Built
- Built in 1901
Lot Details
- 6,524 Sq Ft Lot
- No Common Walls
- Wrought Iron Fence
- Wood Fence
- Back Yard
Property Views
- City Lights
- Neighborhood
Home Design
- Duplex
- Craftsman Architecture
- Turnkey
- Shingle Roof
- Composition Roof
- Wood Siding
Interior Spaces
- 2,377 Sq Ft Home
- 2-Story Property
- Living Room
- Laundry Room
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom Suite
- 4 Bathrooms
Parking
- 6 Open Parking Spaces
- 6 Parking Spaces
- Parking Available
- Driveway Level
- Paved Parking
- RV Access or Parking
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 5
- Tax Tract Number 55555
- Assessor Parcel Number 5124018005
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,000
- Trash Expense $1,200
- New Taxes Expense $10,000
- Operating Expense $12,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 23, 2021
Sold by
Prenga Pjerin
Bought by
Prenga Pjerin and The Brikton Irr Trust
Current Estimated Value
Purchase Details
Listed on
Aug 19, 2020
Closed on
Oct 7, 2020
Sold by
Rago Lawrence R
Bought by
Prenga Pjerin
Seller's Agent
Alvin Mullins
Your Home Team Real Estate
Buyer's Agent
Jeff Edgar Lunjas
JohnHart Corp.
List Price
$888,800
Sold Price
$850,000
Premium/Discount to List
-$38,800
-4.37%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$834,604
Interest Rate
2.8%
Mortgage Type
FHA
Purchase Details
Listed on
May 10, 2012
Closed on
Feb 1, 2013
Sold by
Sandoval Gerardo
Bought by
Rago Lawrence R
Seller's Agent
Heidi Davis
Keller Williams Larchmont
Buyer's Agent
Alvin Mullins
List Price
$335,000
Sold Price
$332,500
Premium/Discount to List
-$2,500
-0.75%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$326,477
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 17, 2011
Sold by
Ryan Anna Rosa Sandoval and Sandoval Family Trust
Bought by
Sandoval Gerardo
Purchase Details
Closed on
Nov 2, 2005
Sold by
Sandoval Lupe
Bought by
Sandoval Lupe C and Sandoval Family Trust
Purchase Details
Closed on
Sep 9, 2002
Sold by
Sandoval Ana Rosa
Bought by
Sandoval Lupe
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
5.89%
Mortgage Type
Unknown
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $850,000 | North American Title Company | |
| Grant Deed | $332,500 | Equity Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $110,000 | Credit Line Revolving | |
| Open | $792,000 | New Conventional | |
| Closed | $834,604 | FHA | |
| Previous Owner | $13,543 | Negative Amortization | |
| Previous Owner | $25,050 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $326,477 | FHA | |
| Previous Owner | $57,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/16/2020 11/16/20 | Sold | $850,000 | 0.0% | $358 / Sq Ft |
| 09/30/2020 09/30/20 | Price Changed | $849,900 | -4.4% | $358 / Sq Ft |
| 08/19/2020 08/19/20 | For Sale | $888,800 | +167.3% | $374 / Sq Ft |
| 03/07/2013 03/07/13 | Sold | $332,500 | -0.7% | $196 / Sq Ft |
| 01/05/2013 01/05/13 | Pending | -- | -- | -- |
| 05/10/2012 05/10/12 | For Sale | $335,000 | -- | $198 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,183 | $902,026 | $742,845 | $159,181 |
| 2023 | $10,972 | $884,340 | $728,280 | $156,060 |
| 2022 | $10,469 | $867,000 | $714,000 | $153,000 |
| 2021 | $10,332 | $850,000 | $700,000 | $150,000 |
| 2020 | $4,749 | $374,381 | $280,141 | $94,240 |
| 2019 | $4,568 | $367,042 | $274,649 | $92,393 |
| 2018 | $4,505 | $359,846 | $269,264 | $90,582 |
| 2016 | $4,288 | $345,874 | $258,809 | $87,065 |
| 2015 | $4,227 | $340,680 | $254,922 | $85,758 |
| 2014 | $4,210 | $334,008 | $249,929 | $84,079 |
Source: Public Records
Agents Affiliated with this Home
-
Alvin Mullins
Seller's Agent in 2020
Alvin Mullins
Your Home Team Real Estate
(714) 309-6287
1 in this area
264 Total Sales
-
Stacie Hardaway
Seller Co-Listing Agent in 2020
Stacie Hardaway
Your Home Team Real Estate
(310) 493-3781
1 in this area
57 Total Sales
-
Jeff Edgar Lunjas
J
Buyer's Agent in 2020
Jeff Edgar Lunjas
JohnHart Corp.
(224) 532-3414
1 in this area
1 Total Sale
-
Heidi Davis
Seller's Agent in 2013
Heidi Davis
Keller Williams Larchmont
(213) 819-1289
58 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS20169391
APN: 5124-018-005
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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
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