$1,000,000 - $1,434,000
RENTED FEB 1, 2025

2227 Alsace Ave Unit 3/4 Los Angeles, CA 90016

Mid-City Neighborhood
2 Beds
1 Bath
616 Sq Ft
5,040 Sq Ft Lot

Highlights

  • Unit is on the top floor
  • Courtyard Views
  • Living Room
  • End Unit
  • Bathtub with Shower
  • Vinyl Plank Flooring

About This Home

As of February 2025

Are you tired of paying top dollar in rent for an outdated apartment with no recent updates? Begin 2025 in this newly renovated & stylishly appointed light and bright 2 Bedroom/1 Bath Rear Top Floor Unit in a charming 3 unit building. If you are looking for privacy & a remodeled space, this unit is a must see! The space has recently been remodeled throughout with special care & attention paid to the updates, including the kitchen & bath. Unit features newer luxury vinyl laminate flooring throughout (no carpet in the unit); newer kitchen counters, cabinets, sink, & fixtures; newer stainless steel gas range, newer bathroom vanity & fixtures w/a freshly glazed tub/shower combo; & newer baseboards & fresh paint throughout. Refrigerator included. Unit is located in the rear of a 3 unit building w/gate, overlooking courtyard area w/lush landscaping. Unit offers privacy, no unit above, no shared walls, & a Mid-City location, convenient to the 10 Freeway! Please Note Unit Number is 2227 3/4 (this is the upper rear unit, not the single family home in the front of the property).

Last Agent to Rent the Property

Erika Mlachak

Verde Realty, Inc. License #01777303 Listed on: 12/31/2024

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,178

Year Built

  • Built in 1961 | Remodeled

Lot Details

  • 5,040

Parking

  • On-Street Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 616 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Area
  • Vinyl Plank Flooring
  • Courtyard Views

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • End Unit
  • Unit is on the top floor
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $1,950
  • Tenant pays for cable TV, electricity, gas, trash collection
  • Rent includes gardener, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5062-009-018

Community Details

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Additional Features

  • 3 Units
  • Rent Control

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,178

Year Built

Built in 1961 | Remodeled

Lot Details

0

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 500.00
  • Land Lease Purchase Yn: No
  • Rent Control: Yes
  • Rent Includes: Gardener, Water
  • Security Deposit: 1950
  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Garden Condo
  • Single Family Or Apt: Condo/Apt
  • Levels: Top Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 2
  • Entry Location: Top Level
  • Lease Terms: 1+Year
  • Living Area: 616
  • Lot Acreage: 0.1157
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1961
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Vinyl Plank
  • Bedrooms: 2
  • Fireplaces: 0
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Equipment: Garbage Disposal, Hood Fan, Refrigerator, Range/Oven
  • Fireplace: No
  • Price Per S Q F T: 3.17

Exterior Features

  • Other Features: End Unit
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Courtyard
  • View: Yes

Garage/Parking

  • Parking Garage: On street

Utilities

  • Heating: Wall Gas

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: Rear Upper

Lot Info

  • Special Zoning: Rent Control
  • Horses: No
  • Assessor Parcel Number: 5062-009-018
  • Lot Size Area: 5038

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2017
Sold by
Willi
Bought by
Kerm
Current Estimated Value
$1,179,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Outstanding Balance
$499,239
Interest Rate
3.9%
Estimated Equity
$680,135
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
Kerm -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kerm $595,000
Closed Kerm --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2025 02/01/25 Rented $1,950 0.0% --
01/23/2025 01/23/25 Under Contract -- -- --
12/31/2024 12/31/24 For Rent $1,950 0.0% --
02/24/2022 02/24/22 Rented $1,950 0.0% --
01/24/2022 01/24/22 Under Contract -- -- --
01/12/2022 01/12/22 For Rent $1,950 +8.3% --
10/20/2020 10/20/20 Rented $1,800 0.0% --
10/01/2020 10/01/20 Price Changed $1,800 -7.7% $3 / Sq Ft
09/08/2020 09/08/20 Price Changed $1,950 -7.1% $3 / Sq Ft
08/29/2020 08/29/20 For Rent $2,100 -- --
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 $11,178 $915,948 $682,696 $233,252
2024 $11,178 $897,989 $669,310 $228,679
2023 $10,968 $880,383 $656,187 $224,196
2022 $10,467 $863,121 $643,321 $219,800
2021 $10,332 $846,198 $630,707 $215,491
2020 $10,436 $837,522 $624,240 $213,282
2019 $10,027 $821,100 $612,000 $209,100
2018 $9,915 $805,000 $600,000 $205,000
2016 $4,718 $388,368 $176,258 $212,110
2015 $4,649 $382,535 $173,611 $208,924
2014 $4,680 $375,043 $170,211 $204,832
Source: Public Records

Agents Affiliated with this Home

  • Erika Mlachak

    Landlord's Agent in 2025

    Erika Mlachak

    Verde Realty, Inc.

    (310) 740-5815

    16 Total Sales

    Erika Mlachak
    Section Image

  • S

    Tenant's Agent in 2025

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 24-475321

The MLS

APN: 5062-009-018

California Los Angeles County Los Angeles 90016 Mid-City

2227 Alsace Ave Unit 3/4, Los Angeles, CA

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