NOT LISTED FOR SALE

Estimated Value: $275,000 - $299,000

-- Bed
1 Bath
370 Sq Ft
0.49 Acres

Last Sold April 21, 2014

Last sale price $129,000 $349 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $1,687/month

13 Days on Market

Highlights

  • 21,307 Sq Ft lot
  • Wood Flooring
  • Elevator
  • Clubhouse
  • Courtyard Views
  • 3-minute walk to Hope and Peace Park

About This Home

As of April 2014

The Glen Donald Building is located just west of downtown Los Angeles in the heart of the MacArthur Park/Westlake district. Sited in the center of the building with courtyard views, this south facing studio unit can serve as a primary home, pied-a-terre or income property in one of the most vibrant sections of the city. The unit boasts preserved period details, separate updated kitchen and breakfast nook, stainless steel appliances, a renovated bathroom and updated systems. Other notable details include high ceilings, recessed and pendant lighting, refinished hardwood flooring, ample cabinet and storage space, an abundance of natural light, secured courtyard entrance, earthquake retrofitting and a location which is only three blocks from the Westlake/MacArthur Park Red Line station. The association dues in this historic building includes all utilities (less cable) & Wi-Fi access in main lobby. Currently leased for $975 a month and all showings are upon an acceptance of an offer.

Last Agent to Sell the Property

Eliseo Arebalos

Real Estate eBroker Inc. License #01850204 Listed on: 02/07/2014

Real Estate eBroker Inc.

Last Buyer's Agent

Inga Draghetti

License #01272939

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • South Facing Home
  • Gated Home

Parking

  • On-Street Parking

Home Design

  • Entry on the 3rd floor
  • Brick Exterior Construction

Interior Spaces

  • 370 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Courtyard Views

Kitchen

  • Gas Cooktop
  • Microwave

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • Studio bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Gravity Heating System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5141-021-081

Community Details

Overview

  • Association fees include building and grounds, electricity, gas, trash, utilities, water and sewer paid
  • 94 Units

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator
  • Community Mailbox

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,920

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Architectural
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: The Glen Donald
  • Entry Floor: 3
  • Living Area: 370
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 4
  • Unit Floor In Building: 3
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Stone Tile, Wood
  • Appliances: Cooktop - Gas
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Ceiling Fan, Microwave, Refrigerator
  • Fireplace: No
  • Price Per S Q F T: 348.65

Exterior Features

  • Direction Faces: South
  • Construction: Brick
  • Tennis Court Y/N: No
  • Exposure: South
  • Pool: No
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: On street

Utilities

  • Cooling: Ceiling Fan
  • Heating: Gravity
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated
  • Sewer: In Street

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Pet Rules
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • Association Fees Include: Building and Grounds, Electricity, Gas, Trash, Utilities, Water and Sewer Paid
  • High Rise: Club Room, Controlled Access, Entrance Lobby, Passenger Elevator
  • HOA Fees: 261.55
  • Unit Location: Courtyard

Lot Info

  • Special Zoning: Property Report, Rent Control
  • Horses: No
  • Assessor Parcel Number: 5141-021-081
  • Geocode Override: No
  • Lot Size Area: 21307

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Mar 4, 2014
Sold by
The Entrust Group Inc
Bought by
Matevosian Vahag
Seller's Agent
Eliseo Arebalos
Real Estate eBroker Inc.
Buyer's Agent
Inga Draghetti
List Price
$129,000
Sold Price
$129,000
Current Estimated Value
$286,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,681
Avg. Annual Appreciation
7.14%
Original Mortgage
$95,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2012
Sold by
The Estate Of Debra Denise Coplan
Bought by
The Entrust Group Inc and Katrina Leffler Ira

Purchase Details

Closed on
Aug 16, 2011
Sold by
Lortie Dudasik Diane and Trust #2000
Bought by
Coplan Debra
Source: Public Records

Range of Values:

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Average Value
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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
Matevosian Vahag $129,000 Usa National Title Company
The Entrust Group Inc $109,000 Fidelity National Title Co
Coplan Debra -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matevosian Vahag $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2014 04/21/14 Sold $129,000 0.0% $349 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $129,000 0.0% $349 / Sq Ft
01/27/2013 01/27/13 Rented $975 0.0% --
01/27/2013 01/27/13 Under Contract -- -- --
12/21/2012 12/21/12 For Rent $975 0.0% --
12/10/2012 12/10/12 Sold $109,000 -- $295 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
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 $1,920 $158,124 $71,706 $86,418
2024 $1,920 $155,024 $70,300 $84,724
2023 $1,887 $151,985 $68,922 $83,063
2022 $1,801 $149,006 $67,571 $81,435
2021 $1,775 $146,086 $66,247 $79,839
2019 $1,722 $141,755 $64,283 $77,472
2018 $1,719 $138,976 $63,023 $75,953
2016 $1,643 $133,581 $60,577 $73,004
2015 $1,618 $111,681 $50,256 $61,425
2014 $1,396 $109,494 $49,272 $60,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-735505

The MLS

APN: 5141-021-081