Seller's Agent in 2021
Ed Faktorovich
Figure 8 Realty
(323) 270-9303
4 in this area
78 Total Sales
2075 W 29th Place Los Angeles, CA 90018
Jefferson Park Neighborhood
7
Beds
4
Baths
4,131
Sq Ft
6,959
Sq Ft Lot
Highlights
- Private Yard
- No HOA
- Laundry Room
About This Home
As of April 2021AMAZING OPPORTUNITY! HUGE PRICE REDUCTION! Located in the heart of beautiful Historical Jefferson Park, this authentic Triplex possess a rare antiquity in need of some serious TLC. Unlike many of it's surrounding neighbors, this unique homestead is a spacious heirloom to Los Angeles culture and architectural artistry. High ceilings and large windows compliment an open spacious living room with embedded marble fireplace, sunken floor and separating french shutter doors. Vintage tiling, mirrors and accents flood this timeworn environment room to room in need of minor refurbishment and or remodeling. Although the layout plan is not ordinarily that of a traditional family home, this house offers too many idiosyncratic characteristics to mention. From secret storage to hidden rooms even a custom deep set mystical bathtub catches the imagination of serious buyers. This house is a must see and at it's full potential a showpiece to the future owner.
Property is located in a Historical Preservation Overlay Zone (HPOZ). Home features (1) Two Bedroom, 1-1/4 Bathroom Unit + (1) Three Bedroom, 1 Bathroom Unit + (1) Detached Two Bedroom, One Bathroom Unit!! Centrally Located, near USC and all of the night life and entertainment that Los Angeles has to offer!
This property is in need of various repairs and upgrades. Property is sold "AS-IS"; seller is making no warranty either expressed or implied. Buyer to do all investigations permits , square footage etc.
Last Agent to Sell the Property
The Network Agency License #01902124 Listed on: 08/11/2017
Co-Listed By
Nikita Brown
P3 Realty Inc License #01357556
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,482
Year Built
- Built in 1920
Lot Details
- 6,959 Sq Ft Lot
- Two or More Common Walls
- Private Yard
Home Design
- 4,131 Sq Ft Home
- Triplex
Bedrooms and Bathrooms
- 7 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Tax Lot 24
- Tax Tract Number 222001
- Assessor Parcel Number 5053004005
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 1, 2020
Closed on
Mar 23, 2021
Sold by
Schultz Gloria J
Bought by
Schultz Michael Antonio
Seller's Agent
Ed Faktorovich
Figure 8 Realty
Buyer's Agent
Kim Garr
Compass
List Price
$1,395,000
Sold Price
$1,490,000
Premium/Discount to List
$95,000
6.81%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,970
Avg. Annual Appreciation
2.34%
Original Mortgage
$1,341,000
Interest Rate
3%
Mortgage Type
Stand Alone Second
Purchase Details
Listed on
Dec 1, 2020
Closed on
Mar 11, 2021
Sold by
Jefferson Park Lp
Bought by
Schultz Brandon Alexander and Schultz Michael Antonio
Seller's Agent
Ed Faktorovich
Figure 8 Realty
Buyer's Agent
Kim Garr
Compass
List Price
$1,395,000
Sold Price
$1,490,000
Premium/Discount to List
$95,000
6.81%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,341,000
Interest Rate
3%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Mar 8, 2018
Sold by
Misaki Arthur
Bought by
Jefferson Park
Purchase Details
Listed on
Aug 11, 2017
Closed on
Dec 26, 2017
Sold by
Jordan Angel M
Bought by
Misaki Arthur
Seller's Agent
Pablo Hernandez
The Network Agency
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%
Original Mortgage
$607,500
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 11, 2017
Closed on
Dec 18, 2017
Sold by
Misaki Kathleen A
Bought by
Misaki Arthur
Seller's Agent
Pablo Hernandez
The Network Agency
List Price
$850,000
Sold Price
$810,000
Premium/Discount to List
-$40,000
-4.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$607,500
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 8, 2017
Sold by
Jordan Angel
Bought by
Jordan Angel M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 23, 2015
Sold by
Jordan Jermaine and Jordan Angel
Bought by
Jordan Angel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 17, 2013
Sold by
Deason Joyce and The Simpson Family Trust
Bought by
Jordan Jermaine and Jordan Angel
Purchase Details
Closed on
Dec 13, 1993
Sold by
Simpson Herbert J and Simpson Hazel M
Bought by
The Simpson Family Trust
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Grant Deed | $1,490,000 | Lawyers Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | $810,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,089,300 | New Conventional | |
| Closed | $300,000 | Credit Line Revolving | |
| Closed | $1,341,000 | Stand Alone Second | |
| Previous Owner | $607,500 | New Conventional | |
| Previous Owner | $365,000 | Purchase Money Mortgage | |
| Previous Owner | $290,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2021 04/15/21 | Sold | $1,490,000 | +6.8% | $450 / Sq Ft |
| 03/07/2021 03/07/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $1,395,000 | 0.0% | $422 / Sq Ft |
| 02/12/2021 02/12/21 | Pending | -- | -- | -- |
| 01/08/2021 01/08/21 | Price Changed | $1,395,000 | -6.7% | $422 / Sq Ft |
| 12/01/2020 12/01/20 | For Sale | $1,495,000 | +84.6% | $452 / Sq Ft |
| 12/29/2017 12/29/17 | Sold | $810,000 | -4.7% | $196 / Sq Ft |
| 11/13/2017 11/13/17 | For Sale | $850,000 | +4.9% | $206 / Sq Ft |
| 11/10/2017 11/10/17 | Off Market | $810,000 | -- | -- |
| 09/23/2017 09/23/17 | Price Changed | $850,000 | -22.7% | $206 / Sq Ft |
| 08/11/2017 08/11/17 | For Sale | $1,100,000 | -- | $266 / 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 |
|---|---|---|---|---|
| 2025 | $19,482 | $1,612,822 | $1,071,606 | $541,216 |
| 2024 | $19,482 | $1,581,199 | $1,050,595 | $530,604 |
| 2023 | $19,109 | $1,550,196 | $1,029,996 | $520,200 |
| 2022 | $18,228 | $1,519,800 | $1,009,800 | $510,000 |
| 2021 | $14,430 | $1,179,998 | $824,453 | $355,545 |
| 2020 | $14,574 | $1,167,900 | $816,000 | $351,900 |
| 2019 | $10,260 | $826,200 | $612,000 | $214,200 |
| 2018 | $10,126 | $810,000 | $600,000 | $210,000 |
| 2016 | $6,005 | $472,259 | $315,353 | $156,906 |
| 2015 | $5,506 | $430,334 | $301,234 | $129,100 |
| 2014 | $5,544 | $66,151 | $18,975 | $47,176 |
Source: Public Records
Agents Affiliated with this Home
-
Ed Faktorovich
-
Colt Maloney
Seller Co-Listing Agent in 2021
Colt Maloney
Figure 8 Realty
(213) 926-9494
4 in this area
71 Total Sales
-
Kim Garr
Buyer's Agent in 2021
Kim Garr
Compass
(310) 650-1451
3 in this area
12 Total Sales
-
Pablo Hernandez
Seller's Agent in 2017
Pablo Hernandez
The Network Agency
(310) 923-6160
33 Total Sales
-
N
Seller Co-Listing Agent in 2017
Nikita Brown
P3 Realty Inc
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW17186565
APN: 5053-004-005
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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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