NOT LISTED FOR SALE

Estimated Value: $898,000 - $1,097,390

2 Beds
2 Baths
1,862 Sq Ft
$542/Sq Ft Est. Value

Last Sold August 02, 2018

Last sale price $570,000 $306 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,150/month

35 Days on Market

Highlights

  • Spanish Architecture
  • Living Room
  • Floor Furnace
  • 1 Car Attached Garage
  • Open Patio
  • 5-minute walk to Gladys Jean Wesson Park

About This Home

As of August 2018

Adorable Spanish 1 story side by side duplex in an upward trending area of Mid-City Los Angeles. Each unit has 1 bedroom and 1 bath. A very charming property. Great investment. Just minutes from the Nate Holden Cultural Center. Each unit has it's own private patio area. Property needs some TLC. Located near major transportation, shopping centers, coffee shops, restaurants, the Santa Monica Freeway, USC, Downtown LA. and Hancock Park. This property is in mid-city Los Angeles.

Last Agent to Sell the Property

Rhonda Payne

Rodeo Realty- Brentwood License #00959668 Listed on: 05/01/2018

Rodeo Realty- Brentwood

Last Buyer's Agent

Francis Monroy

License #01716843

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,821

Year Built

  • Built in 1923

Lot Details

  • 5,003

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 1,862 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Driveway
  • On-Street Parking

Utilities

  • Floor Furnace
  • Sewer in Street

Additional Features

  • Open Patio
  • 5,003 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5061-011-025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,821

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Living Room
  • Living Area: 1862
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 319.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Driveway, Garage Is Detached, On street
  • Total Parking: 1

Utilities

  • Heating: Floor Furnace
  • Security: Carbon Monoxide Detector(s), Smoke Detector
  • Sewer: In Street

Lot Info

  • Assessed Improvement Value: 74367
  • Assessed Land Value: 105089
  • Assessor Parcel Number: 5061-011-025
  • Geocode Override: No
  • Lot Size Area: 5003

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 1100
  • Type Of Units: Duplex
  • Vacancy Rate: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2018
Closed on
Jul 13, 2018
Sold by
Brown Pina Rosalind S and The Rosalind S Brown Pina Livi
Bought by
Mammadov Hasanagha and Mammadova Omelbeni
Seller's Agent
Rhonda Payne
Rodeo Realty- Brentwood
Buyer's Agent
Francis Monroy
List Price
$595,000
Sold Price
$570,000
Premium/Discount to List
-$25,000
-4.2%
Current Estimated Value
$1,009,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,098
Avg. Annual Appreciation
8.15%
Original Mortgage
$456,000
Outstanding Balance
$396,840
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$595,101

Purchase Details

Closed on
Feb 17, 2017
Sold by
Brown Pina Rosalinda S
Bought by
Brown Pina Rosalind S and The Rosalind S Brown Pina Livi

Purchase Details

Closed on
Jun 7, 2005
Sold by
Brown Pina Rosalind S and Pina Rosalind S
Bought by
Brown Pina Rosalind S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.72%
Mortgage Type
New Conventional
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
Mammadov Hasanagha $570,000 California Title Company
Brown Pina Rosalind S -- None Available
Brown Pina Rosalind S -- Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mammadov Hasanagha $90,000
Open Mammadov Hasanagha $456,000
Previous Owner Brown Pina Rosalind S $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2018 08/02/18 Sold $570,000 -4.2% $306 / Sq Ft
06/05/2018 06/05/18 Pending -- -- --
05/01/2018 05/01/18 For Sale $595,000 -- $320 / 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 $7,821 $635,840 $557,756 $78,084
2024 $7,821 $623,373 $546,820 $76,553
2023 $7,677 $611,151 $536,099 $75,052
2022 $7,329 $599,169 $525,588 $73,581
2021 $7,232 $587,422 $515,283 $72,139
2020 $7,303 $581,400 $510,000 $71,400
2019 $7,019 $570,000 $500,000 $70,000
2018 $2,433 $183,044 $107,190 $75,854
2016 $2,313 $175,938 $103,029 $72,909
2015 $2,282 $173,296 $101,482 $71,814
2014 $2,305 $169,903 $99,495 $70,408
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-339038

The MLS

APN: 5061-011-025