Y
Seller's Agent in 2017
Yamel Maynard
No Firm Affiliation
2119 S Palm Grove Ave Los Angeles, CA 90016
Mid-City NeighborhoodEstimated Value: $1,176,000 - $1,250,206
4
Beds
2
Baths
1,970
Sq Ft
$615/Sq Ft
Est. Value
Highlights
- City Lights View
- Laundry Room
- Lot Has A Rolling Slope
- Wood Flooring
- 2 Car Garage
- Wall Furnace
About This Home
As of January 2017Single Story Spanish Style Duplex located in the Mid-City of Los Angeles (La Brea & Washington). The duplex is roughly 1,970 sq. ft. on a 5,500 sq. ft. lot (per assessor). 2119 S. Palm Grove is a 2 Bedroom (split bedrooms) and 1 Bath Unit presently rented for $1,650 per month on month-to-month basis. Per Seller 2119 S. Palm Drive will be VACANT on December 15, 2016! 2121 S. Palm Grove is a 2 Bedroom (side by side bedrooms) 1 bath Unit presently rented for $1,750 on month-to-month basis. Each unit has laminate flooring throughout and tile flooring in the kitchen and bathrooms. Each also have upgraded kitchens which include a Refrigerator, Built-in Microwave and Range/Oven and Washer/Dryer’s! Each unit also has access (via the Laundry room) to the side of the yard to access the backyard where a garage will be found ideal for storage. Easy Freeway access to the 10 Freeway! Live in the Center of Los Angeles and enjoy all that it has to offer nearby. Priced to Sell below market!!!
Last Agent to Sell the Property
Yamel Maynard
No Firm Affiliation License #01332052 Listed on: 11/04/2016
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,339
Year Built
- Built in 1925
Lot Details
- 5,500 Sq Ft Lot
- No Common Walls
- Lot Has A Rolling Slope
- Front Yard
Parking
- 2 Car Garage
- Driveway
- On-Street Parking
Home Design
- Duplex
Interior Spaces
- 1,970 Sq Ft Home
- 1-Story Property
- City Lights Views
- Fire and Smoke Detector
Kitchen
- Electric Oven
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
Utilities
- Wall Furnace
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone, trash collection
- Tax Lot 3
- Tax Tract Number 5460
- Assessor Parcel Number 5061023003
Community Details
Overview
- 2 Units
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $125
- Maintenance Expense $1,000
- Water Sewer Expense $100
- New Taxes Expense $5,900
- Gross Income $40,800
- Net Operating Income $33,175
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 27, 2018
Sold by
Wilson Betty
Bought by
Wilson Betty and The Robin T Wilson Family Trus
Current Estimated Value
Purchase Details
Listed on
Nov 4, 2016
Closed on
Dec 19, 2016
Sold by
Daftary Scheherezade
Bought by
Wilson Betty
Seller's Agent
Yamel Maynard
No Firm Affiliation
List Price
$599,000
Sold Price
$665,000
Premium/Discount to List
$66,000
11.02%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$532,000
Interest Rate
4.08%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 16, 2012
Closed on
Oct 12, 2012
Sold by
Gb Inland Properties Ii Llc
Bought by
Daftary Scheherezade
Seller's Agent
Rick Young
Young Estate Services
Buyer's Agent
Ella Zakaryan
Coldwell Banker Realty
List Price
$409,000
Sold Price
$382,000
Premium/Discount to List
-$27,000
-6.6%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%
Original Mortgage
$375,081
Interest Rate
3.5%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 12, 2012
Sold by
Smith Brenda L and Smith Beatrice
Bought by
Gb Inland Properties Ii Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000,000
Interest Rate
3.56%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 1, 2003
Sold by
Costello Mary E
Bought by
Smith Brenda L and Smith Beatrice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 16, 2003
Sold by
Costello Marye
Bought by
Cardin Dunleigh Yam
Purchase Details
Closed on
Nov 26, 2001
Sold by
Costello Mary E and The Mary E Costello Family Tru
Bought by
Costello Mary E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,300
Interest Rate
6.67%
Purchase Details
Closed on
Jun 28, 2000
Sold by
Costello Mary E
Bought by
Costello Mary E and The Mary E Costello Family Tru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.63%
Purchase Details
Closed on
May 27, 1997
Sold by
Mary E Costello Trust
Bought by
Costello Mary E and The Mary E Costello Family Tru
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,172
Interest Rate
7.91%
Mortgage Type
Assumption
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wilson Betty | -- | None Available | |
| Wilson Betty | $665,000 | Lawyers Title | |
| Daftary Scheherezade | $382,000 | Title 365 | |
| Gb Inland Properties Ii Llc | $282,500 | None Available | |
| Smith Brenda L | $350,000 | Equity Title Company | |
| Costello Mary E | -- | Equity Title Company | |
| Cardin Dunleigh Yam | -- | -- | |
| Costello Mary E | -- | Benefit Land Title Company | |
| Costello Mary E | -- | Fidelity National Title | |
| Costello Mary E | -- | Fidelity National Title | |
| Costello Mary E | -- | American Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wilson Betty | $506,856 | |
| Closed | Wilson Betty | $530,000 | |
| Closed | Wilson Betty | $532,000 | |
| Previous Owner | Daftary Scheherezade | $375,081 | |
| Previous Owner | Gb Inland Properties Ii Llc | $6,000,000 | |
| Previous Owner | Smith Brenda L | $512,000 | |
| Previous Owner | Smith Brenda L | $64,000 | |
| Previous Owner | Smith Brenda L | $420,000 | |
| Previous Owner | Smith Brenda L | $120,000 | |
| Previous Owner | Smith Brenda L | $47,500 | |
| Previous Owner | Smith Brenda L | $427,500 | |
| Previous Owner | Smith Brenda L | $385,000 | |
| Previous Owner | Smith Brenda L | $280,000 | |
| Previous Owner | Costello Mary E | $122,000 | |
| Previous Owner | Costello Mary E | $100,300 | |
| Previous Owner | Costello Mary E | $75,000 | |
| Previous Owner | Costello Mary E | $46,172 | |
| Closed | Smith Brenda L | $70,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2017 01/12/17 | Sold | $665,000 | +11.0% | $338 / Sq Ft |
| 12/12/2016 12/12/16 | Pending | -- | -- | -- |
| 11/04/2016 11/04/16 | For Sale | $599,000 | +56.8% | $304 / Sq Ft |
| 11/09/2012 11/09/12 | Sold | $382,000 | -6.6% | $194 / Sq Ft |
| 10/09/2012 10/09/12 | Pending | -- | -- | -- |
| 09/27/2012 09/27/12 | For Sale | $409,000 | -- | $208 / 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 | $9,339 | $771,785 | $591,896 | $179,889 |
| 2024 | $9,339 | $756,653 | $580,291 | $176,362 |
| 2023 | $9,162 | $741,817 | $568,913 | $172,904 |
| 2022 | $8,742 | $727,272 | $557,758 | $169,514 |
| 2021 | $8,627 | $713,013 | $546,822 | $166,191 |
| 2019 | $8,369 | $691,866 | $530,604 | $161,262 |
| 2018 | $8,282 | $678,300 | $520,200 | $158,100 |
| 2016 | $4,876 | $397,368 | $260,058 | $137,310 |
| 2015 | $4,805 | $391,400 | $256,152 | $135,248 |
| 2014 | $4,832 | $383,734 | $251,135 | $132,599 |
Source: Public Records
Agents Affiliated with this Home
-
-
Robert Maynard
Seller Co-Listing Agent in 2017
Robert Maynard
Compass
(747) 888-0508
77 Total Sales
-
R
Seller's Agent in 2012
Rick Young
Young Estate Services
-
E
Buyer's Agent in 2012
Ella Zakaryan
Coldwell Banker Realty
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR16739125
APN: 5061-023-003
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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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