NOT LISTED FOR SALE

Estimated Value: $924,470 - $1,156,000

2 Beds
1 Bath
1,308 Sq Ft
$802/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $930,000 $711 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,623/month

36 Days on Market

Highlights

  • A-Frame Home
  • No HOA
  • 1-Story Property
  • Wood Flooring
  • Detached Garage

About This Home

As of April 2024

2 option DEVELOPMENT OPPORTUNITY north of 10FWY. SB8 OK. Option 1) Build up to 5 units- 1x 3-story duplex (3,500 SF) + 1 x 2-story duplex (3,200 SF) + possible 5th ADU (357SF). zoned LAR2 and 55 sf wide lot, on a QUIET RESIDENTIAL block. Option 2) Remodel the house and build ADU that is RTI- 1,049 SF/2+2 (ADU) for a total of 2,356 SF. **Walking distance to trendy shops and restaurants.** Buyer to verify.

Last Agent to Sell the Property

Michael Kafaei

Keller Williams Beverly Hills License #01373161 Listed on: 02/28/2024

Keller Williams Beverly Hills

Last Buyer's Agent

Michael Kafaei

Keller Williams Beverly Hills License #01373161 Listed on: 02/28/2024

Keller Williams Beverly Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $972

Year Built

  • Built in 1919

Lot Details

  • 6,601 Sq Ft Lot
  • Lot Dimensions are 55x120
  • Property is zoned LAR2

Parking

  • Detached Garage

Home Design

  • A-Frame Home

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5061-010-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$972

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: A-Frame
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Contact Listing Agent Michael Kafaei at 310-279-8200.
  • Living Area: 1308
  • Lot Acreage: 0.1515
  • Lot Dimensions: 55x120
  • Year Built: 1919
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 760.63

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Detached

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5061-010-015
  • Lot Size Area: 6601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Apr 12, 2024
Sold by
Inspired Homes Collective 2 Llc
Bought by
Gi Property 85 Llc
Seller's Agent
Michael Kafaei
Keller Williams Beverly Hills
Buyer's Agent
Michael Kafaei
Keller Williams Beverly Hills
List Price
$994,900
Sold Price
$930,000
Premium/Discount to List
-$64,900
-6.52%
Views
17
Current Estimated Value
$1,048,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,368
Avg. Annual Appreciation
8.49%
Original Mortgage
$690,000
Outstanding Balance
$679,690
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$368,678

Purchase Details

Listed on
Nov 10, 2023
Closed on
Jan 18, 2024
Sold by
Lula Burrell Revocable Living and Burrell Barry
Bought by
Inspired Homes Collective 2 Llc
Seller's Agent
John Scott
John L. Scott Real Estate
Buyer's Agent
Michael Kafaei
Keller Williams Beverly Hills
List Price
$970,000
Sold Price
$950,000
Premium/Discount to List
-$20,000
-2.06%
Views
1721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-9.64%
Original Mortgage
$700,000
Interest Rate
6.61%
Mortgage Type
New Conventional
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
Gi Property 85 Llc $930,000 California Best Title
Inspired Homes Collective 2 Llc $950,000 California Best Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gi Property 85 Llc $690,000
Previous Owner Inspired Homes Collective 2 Llc $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2024 04/18/24 Sold $930,000 -6.5% $711 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $994,900 +4.7% $761 / Sq Ft
01/31/2024 01/31/24 Sold $950,000 -2.1% $400 / Sq Ft View Prior Sale
11/29/2023 11/29/23 Pending -- -- --
11/10/2023 11/10/23 For Sale $970,000 -- $408 / 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 $972 $948,600 $908,514 $40,086
2024 $972 $58,260 $49,654 $8,606
2023 $13,196 $1,077,120 $918,000 $159,120
2022 $757 $41,059 $24,222 $16,837
2021 $738 $40,255 $23,748 $16,507
2019 $722 $39,063 $23,045 $16,018
2018 $595 $38,298 $22,594 $15,704
2016 $557 $36,813 $21,717 $15,096
2015 $550 $36,261 $21,391 $14,870
2014 $563 $35,551 $20,972 $14,579
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-363129

The MLS

APN: 5061-010-015