NOT LISTED FOR SALE

2045 S Harcourt Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,315,000 - $2,031,903

4 Beds
4 Baths
3,944 Sq Ft
$437/Sq Ft Est. Value

Last Sold January 10, 2017

Last sale price $1,250,000 $317 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $10,853/month

11 Days on Market

About This Home

As of January 2017

Extensively remodeled 4 unit building with solid rents and great tenants. Gorgeous and huge units. Major upgrades include: Kitchens, bathrooms, plumbing, electric, windows, roof. A low maintenance building in a great location. Appliances included: Washer/dryers, stoves, fridges, dishwashers. This is a highly sought rental area. There has been less than two weeks vacancy in 10 years! Over $80,000 per year in rental income.

Last Agent to Sell the Property

Jeff Markey

Thomas J. Gilleran License #01345956 Listed on: 10/28/2016

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,649

Year Built

  • Built in 1923

Lot Details

  • 5,861

Interior Spaces

  • 3,944 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Assigned Parking

Additional Features

  • 5,861 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5061-017-037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,649

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3944
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 302.99

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 150976
  • Assessed Land Value: 571856
  • Assessor Parcel Number: 5061-017-037
  • Geocode Override: No
  • Lot Size Area: 5861

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 4
  • Total Annual Expense: 8002
  • Type Of Units: Rental
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 19, 2018
Sold by
George
Bought by
George V Llc
Current Estimated Value
$1,721,726

Purchase Details

Listed on
Oct 28, 2016
Closed on
Dec 29, 2016
Sold by
Markey Jeff and Markey Family Trust
Bought by
George A Partnership
Seller's Agent
Jeff Markey
Thomas J. Gilleran
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,195,000
Sold Price
$1,250,000
Premium/Discount to List
$55,000
4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.91%

Purchase Details

Closed on
May 24, 2014
Sold by
Waltson Patrick and Bahns Maxine L
Bought by
Markey Jeff and The Markey Family Trust

Purchase Details

Closed on
Dec 19, 2013
Sold by
Markey Jeff
Bought by
Markey Jeff and The Markey Family Trust

Purchase Details

Closed on
Jul 23, 2013
Sold by
Watson Patrick
Bought by
Watson Patrick and Bahns Maxine L

Purchase Details

Closed on
Sep 5, 2007
Sold by
Barnes Jonas
Bought by
Markey Jeff and Watson Patrick

Purchase Details

Closed on
Mar 9, 2007
Sold by
Ruiz Gilberto B
Bought by
Markey Jeff and Watson Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,750
Interest Rate
6.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2003
Sold by
Mejia Jessika Y
Bought by
Ruiz Gilberto B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.6%

Purchase Details

Closed on
Mar 4, 2003
Sold by
Logan Roma R
Bought by
Ruiz Gilberto B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,000
Interest Rate
5.6%

Purchase Details

Closed on
Jul 21, 2001
Sold by
Byrd R T and Byrd Billie
Bought by
Logan Roma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7%
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
George V Llc -- None Available
George A Partnership $1,250,000 Fatcola
Markey Jeff -- Accommodation
Markey Jeff -- None Available
Watson Patrick -- None Available
Markey Jeff -- Accommodation
Markey Jeff $773,000 Southland Title
Ruiz Gilberto B -- United Title
Ruiz Gilberto B $370,000 United Title
Logan Roma R $280,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Markey Jeff $579,750
Previous Owner Ruiz Gilberto B $23,000
Previous Owner Ruiz Gilberto B $333,000
Previous Owner Logan Roma R $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2017 01/10/17 Sold $1,250,000 +4.6% $317 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $1,195,000 -- $303 / 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 $17,649 $1,450,726 $1,102,553 $348,173
2024 $17,649 $1,422,282 $1,080,935 $341,347
2023 $17,314 $1,394,395 $1,059,741 $334,654
2022 $16,519 $1,367,055 $1,038,962 $328,093
2021 $16,304 $1,340,251 $1,018,591 $321,660
2019 $15,821 $1,300,500 $988,380 $312,120
2018 $15,686 $1,275,000 $969,000 $306,000
2016 $8,992 $722,832 $571,856 $150,976
2015 $8,864 $711,976 $563,267 $148,709
2014 $9,549 $750,000 $599,700 $150,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jeff Markey

    Thomas J. Gilleran

    Section Image

  • S

    Buyer's Agent in 2017

    Subscriber Non

    Non-Participant Office

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Map

Source: The MLS

MLS Number: 16-175588

The MLS

APN: 5061-017-037

California Los Angeles County Los Angeles 90016 Mid-City

2045 S Harcourt Ave, Los Angeles, CA

This home is located at 2045 S Harcourt Ave, Los Angeles, CA 90016 since 28 October 2016 and is currently estimated at $1,721,726, approximately $436 per square foot. This property was built in 1923. 2045 S Harcourt Ave is a home located in Los Angeles County with nearby schools including Alta Loma Elementary, Johnnie L. Cochran Jr. Middle School, and Los Angeles Senior High School.

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