NOT LISTED FOR SALE

2048 Cambridge St Los Angeles, CA 90006

Harvard Heights Neighborhood

Estimated Value: $1,050,000 - $1,427,611

6 Beds
5 Baths
2,209 Sq Ft
$549/Sq Ft Est. Value

Last Sold January 10, 2020

Last sale price $1,015,000 $459 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $7,739/month

25 Days on Market

About This Home

As of January 2020

Don't miss out on these well maintained units in one of the best up and coming locations of the Mid-City area. Just minutes away from the Los Angeles Convention Center, The Staples Center and all the L.A. Live action, where everything happens, Sports, Music, Food & Entertainment. This property is also near the prestigious Loyola Law School, USC, The California Natural Science Museum and the new Banc Of California Stadium. The Front House (2048) features 3 bedrooms and 3 baths, the attached side house (2048 1/2)has 1 nices size bedroom and living room and 1 bathroom and the back detached house (2046) consist of 2 bedrooms 1 bath. All units have been well kept and maybe deliver vacant.

Last Agent to Sell the Property

David Garcia de la Cadena

@ Ease Real Estate Services License #01145306 Listed on: 08/09/2019

Last Buyer's Agent

Faye Sarafian-Erdman

Nelson Shelton & Associates License #01121133

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,517

Year Built

  • Built in 1895

Lot Details

  • 6,500 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • 2,209 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Bathrooms

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 4 / D
  • Tax Tract Number 4
  • Assessor Parcel Number 5075013004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • Rent Control
  • 3 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,517

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: LAR2
  • Property Type: Residential Income
  • Parcel Number: 5075013004
  • Year Built: 1895
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 459.48

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Average1 Bed Area: 441 Square Feet
  • Average2 Bed Area: 622 Square Feet
  • Average3 Bed Area: 1146 Square Feet
  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • Tax Block: D
  • Tax Census Tract: 2212.10
  • Tax Lot: 4
  • Tax Tract Number: 0004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2021
Sold by
Tavakoli Payam and Khorramian Ladan
Bought by
Eemav Llc
Current Estimated Value
$1,213,653

Purchase Details

Closed on
Mar 15, 2021
Sold by
Tavakoli Payam
Bought by
Tavakoli Payam and Khorramian Ladan

Purchase Details

Listed on
Aug 9, 2019
Closed on
Jan 6, 2020
Sold by
Tavakoli Tannaz
Bought by
Tavakoli Payam
Seller's Agent
David Garcia de la Cadena
@ Ease Real Estate Services
Buyer's Agent
Faye Sarafian-Erdman
Nelson Shelton & Associates
List Price
$1,199,000
Sold Price
$1,015,000
Premium/Discount to List
-$184,000
-15.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.10%

Purchase Details

Closed on
Sep 19, 2019
Sold by
James Dania and Diaz Vilma Ivette
Bought by
Tavakoli Payam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2018
Sold by
Dania Castro Vilma I and Dania James
Bought by
James Dania and Diaz Vilma Ivette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2016
Sold by
James Erwin Nathaniel
Bought by
James Dania
Source: Public Records

Range of Values:

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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
Eemav Llc -- Accommodation
Tavakoli Payam -- Accommodation
Tavakoli Payam -- North American Title Company
Tavakoli Payam $1,015,000 North American Title Company
James Dania -- Provident Title Company
James Dania -- Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tavakoli Payam $710,000
Previous Owner Tavakoli Payam $715,000
Previous Owner James Dania $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2020 01/10/20 Sold $1,015,000 -15.3% $459 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
08/09/2019 08/09/19 For Sale $1,199,000 -- $543 / 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 $13,517 $1,110,046 $727,272 $382,774
2024 $13,517 $1,088,281 $713,012 $375,269
2023 $13,261 $1,066,943 $699,032 $367,911
2022 $12,654 $1,046,024 $685,326 $360,698
2021 $13,510 $1,025,515 $671,889 $353,626
2020 $4,494 $337,751 $180,057 $157,694
2019 $4,247 $331,129 $176,527 $154,602
2018 $2,112 $149,744 $59,789 $89,955
2017 $4,932 $386,475 $221,869 $164,606
2016 $1,920 $143,931 $57,468 $86,463
2015 $1,895 $141,770 $56,605 $85,165
2014 $1,922 $138,994 $55,497 $83,497
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19192422

California Regional Multiple Listing Service (CRMLS)

APN: 5075-013-004

California Los Angeles County Los Angeles 90006 Harvard Heights

2048 Cambridge St, Los Angeles, CA

This home is located at 2048 Cambridge St, Los Angeles, CA 90006 since 09 August 2019 and is currently estimated at $1,213,653, approximately $549 per square foot. This property was built in 1895. 2048 Cambridge St is a home located in Los Angeles County with nearby schools including Los Angeles Elementary School, Pio Pico Middle School, and West Adams Preparatory High School.

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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

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