NOT LISTED FOR SALE

2033 S Ridgeley Dr Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,333,000 - $1,488,000

6 Beds
3 Baths
2,256 Sq Ft
$626/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $1,075,180 $477 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,850/month

6 Days on Market

Highlights

  • Tandem Parking
  • Ceiling Fan
  • 1-Story Property
  • Central Air

About This Home

As of September 2018

This is a sweet little moneymaker! THREE charming 2 Bedroom, 1 Bath detached homes on a huge lot, each with their own gardens, Good income! Two of the homes have been updated beautifully, the other could use some updating. All 3 will be month-to-month by January. Two car tandem parking for each unit. Located in the great investment area of Mid-Los Angeles. Washer/Dryers in 2 of the units. Zoned LARD 1.5, on a 9050 square foot lot. Rumored to be able to build 6 units there. Current total building area 2256 square feet, per Assessor's Records. Please do not disturb Tenants.Offers reviewed Tuesday August 28th, 6pm.

Last Agent to Sell the Property

Suzette Kitselman

Coldwell Banker Realty License #00715435 Listed on: 08/24/2018

Coldwell Banker Realty

Last Buyer's Agent

Sean Galligan

Keller Williams Beverly Hills License #01997766

Keller Williams Beverly Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,590

Year Built

  • Built in 1916

Lot Details

  • 9,050

Interior Spaces

  • 2,256 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Tandem Parking

Additional Features

  • 9,050 Sq Ft Lot
  • Central Air

Community Details

  • 3 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5063-025-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,590

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: This is a sweet little moneymaker! THREE charming 2 Bedroom, 1 Bath detached homes on a huge lot, each with their own gardens, Good income! Two of the homes have been updated beautifully, the other could use some updating. All 3 will be month-to-month by January. Two car tandem parking for each unit. Located in the great investment area of Mid-Los Angeles. Washer/Dryers in 2 of the units. Zoned LARD 1.5, on a 9050 square foot lot. Rumored to be able to build 6 units there. Current total building area 2256 square feet, per Assessor's Records. Please do not disturb Tenants.Offers reviewed Tuesday August 28th, 6pm.
  • Living Area: 2256
  • Probate: No
  • Stories: 1
  • Year Built: 1916
  • Number Of Photos: 21
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 421.10

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Tandem
  • Total Parking: 6

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central, Electric
  • Heating: Combination

Lot Info

  • Assessed Improvement Value: 46644
  • Assessed Land Value: 303693
  • Assessor Parcel Number: 5063-025-006
  • Geocode Override: Yes
  • Lot Size Area: 9050

Rental Info

  • Total Actual Rent: 74940.00
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 12.67
  • Number Of Units: 3
  • Total Annual Expense: 4321
  • Type Of Units: Residential
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2021
Sold by
Beougher Sean David
Bought by
Beougher Sean David and Sean David Beougher Trust
Current Estimated Value
$1,412,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,500
Outstanding Balance
$525,993
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$807,030

Purchase Details

Closed on
May 6, 2019
Sold by
Beougher Sean David and Beougher Sean
Bought by
Sean David Beougher Trust

Purchase Details

Listed on
Aug 24, 2018
Closed on
Sep 5, 2018
Sold by
Chavez Gitte Jacobsen
Bought by
Beougher Sean
Seller's Agent
Suzette Kitselman
Coldwell Banker Realty
Buyer's Agent
Sean Galligan
Keller Williams Beverly Hills
List Price
$950,000
Sold Price
$1,075,180
Premium/Discount to List
$125,180
13.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$450,000
Interest Rate
4.2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 16, 2015
Sold by
Chavez Martin
Bought by
Chavez Gitte Jacobsen

Purchase Details

Closed on
Jul 28, 2004
Sold by
Chavez Martin
Bought by
Chavez Martin and Chavez Gitte J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2003
Sold by
Zweifel Gary
Bought by
Chavez Martin

Purchase Details

Closed on
Dec 21, 1995
Sold by
Chavez Gitte Jacobsen
Bought by
Chavez Martin

Purchase Details

Closed on
Sep 21, 1995
Sold by
Federal National Mortgage Association
Bought by
Chavez Martin and Zweifel Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
7.37%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 11, 1995
Sold by
Ge Capital Mtg Services Inc
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
7.37%
Mortgage Type
Seller Take Back
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
Beougher Sean David -- Wfg Lender Services
Beougher Sean David -- Accommodation
Sean David Beougher Trust -- None Available
Beougher Sean $1,075,500 Progressive Title Company
Chavez Gitte Jacobsen -- None Available
Chavez Martin -- Southland Title Corporation
Chavez Martin -- Fidelity National Title
Chavez Martin -- Southland Title Corporation
Chavez Martin $83,000 Southland Title Corporation
Federal National Mortgage Association $130,000 First American Title Co
Ge Capital Mtg Services Inc $130,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beougher Sean David $570,500
Closed Beougher Sean $450,000
Previous Owner Chavez Martin $250,000
Previous Owner Chavez Martin $66,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2018 09/21/18 Sold $1,075,180 +13.2% $477 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $950,000 -- $421 / 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 $14,590 $1,199,377 $892,413 $306,964
2024 $14,590 $1,175,861 $874,915 $300,946
2023 $14,314 $1,152,806 $857,760 $295,046
2022 $13,661 $1,130,203 $840,942 $289,261
2021 $13,489 $1,108,043 $824,453 $283,590
2020 $13,624 $1,096,983 $816,000 $280,983
2019 $13,090 $1,075,480 $800,000 $275,480
2018 $4,657 $357,642 $309,766 $47,876
2017 $4,563 $350,337 $303,693 $46,644
2016 $4,443 $343,469 $297,739 $45,730
2015 $4,382 $338,311 $293,267 $45,044
2014 $4,419 $331,685 $287,523 $44,162
Source: Public Records

Agents Affiliated with this Home

  • Suzette Kitselman

    Seller's Agent in 2018

    Suzette Kitselman

    Coldwell Banker Realty

    (310) 346-7919

    11 Total Sales

    Suzette Kitselman
    Section Image
  • Sean Galligan

    Buyer's Agent in 2018

    Sean Galligan

    Keller Williams Beverly Hills

    (646) 643-0472

    82 Total Sales

    Sean Galligan
    Section Image
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Map

Source: The MLS

MLS Number: 18-379536

The MLS

APN: 5063-025-006

California Los Angeles County Los Angeles 90016 Mid-City

2033 S Ridgeley Dr, Los Angeles, CA

This home is located at 2033 S Ridgeley Dr, Los Angeles, CA 90016 since 24 August 2018 and is currently estimated at $1,412,057, approximately $625 per square foot. This property was built in 1916. 2033 S Ridgeley Dr is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Susan Miller Dorsey Senior High School.

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