NOT LISTED FOR SALE

Estimated Value: $1,378,742

3 Beds
4 Baths
2,965 Sq Ft
$465/Sq Ft Est. Value

Last Sold May 05, 2022

Last sale price $1,390,000 $469 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $8,762/month

15 Days on Market

Highlights

  • Dual Staircase
  • Granite Countertops
  • Butlers Pantry
  • Bonus Room with Fireplace
  • No HOA
  • Bathtub with Shower

About This Home

As of May 2022

Victorian Duplex turned into commercial building space. Property is being sold as-is. 7,823 sq. ft. lot size with parking for 10 vehicles located on Crenshaw Blvd between Washington and Adams near 10 Fwy, adjacent to Wellington and Lafayette Square. Downstairs unit has large reception area, computer room, and 2 large office spaces including full sized kitchen. Second floor 1 full bath and 1/2 bathroom. Upstairs unit has kitchenette/conference room, 2 office spaces and 2 bathrooms. Central heating and air conditioning with 2 zones. Roof was replaced recently, as well as significant interior improvements. Upgrades include tankless water heater, dual a/c and heating units, recessed LED lights, newer roof and much more.

Last Agent to Sell the Property

Devone Richard

Next Real Estate Advisor, Inc. License #01857383 Listed on: 03/21/2022

Last Buyer's Agent

Juree Rambo

Rambo Real Estate Group License #01843137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,939

Year Built

  • Built in 1922

Lot Details

  • 7,823 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR3

Home Design

  • Bungalow

Interior Spaces

  • 2,965 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Bonus Room with Fireplace

Kitchen

  • Butlers Pantry
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • Parking Available
  • Paved Parking

Location

  • Urban Location

Schools

  • Crenshaw High School

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 94
  • Tax Tract Number 2
  • Assessor Parcel Number 5060005025
  • $565 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,939

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 747-444-4544
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5060005025
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2965.00 Square Feet
  • Interior Amenities: 2 Staircases, Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Fireplace Features: Bonus Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 468.80
  • Room Type: All Bedrooms Up, Bonus Room
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Butler's Pantry

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Tankless Water Heater, Vented Exhaust Fan
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • High School: Crenshaw
  • High School2: CRENSH

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7823.00
  • Lot Size Acres: 0.1796

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7823.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2187.01
  • Tax Lot: 94
  • Tax Tract Number: 2
  • TaxOtherAnnualAssessmentAmount: 565.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2010
Sold by
Richard Billy F
Bought by
2228 Crenshaw Blvd Llc
Current Estimated Value
$1,378,742

Purchase Details

Closed on
Oct 10, 2006
Sold by
Richard Billy
Bought by
Richard Billy F

Purchase Details

Closed on
Sep 23, 2004
Sold by
Richard Billy
Bought by
Richard Billy and Billy Richard Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,750
Interest Rate
6.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2003
Sold by
Richard Billy F
Bought by
Richard Billy and Billy Richard Family Trust

Purchase Details

Closed on
May 6, 2003
Sold by
Richard Devone A
Bought by
Richard Billy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,250
Interest Rate
7.85%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 12, 2002
Sold by
Richard Allen
Bought by
Richard Devone A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,500
Interest Rate
9.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2000
Sold by
Dane Ken
Bought by
Richard Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,200
Interest Rate
7.88%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 23, 1998
Sold by
Rapid Real Estate Llc
Bought by
Dane Ken

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.88%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 29, 1998
Sold by
Bank Of America Nt & Sa
Bought by
Rapid Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 5, 1997
Sold by
Cephas Imogene Johnson
Bought by
Bank Of America National Tr & Svgs Assn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
2228 Crenshaw Blvd Llc -- None Available
Richard Billy F -- Accommodation
Richard Billy -- Lawyers Title
Richard Billy -- Lawyers Title
Richard Billy -- --
Richard Billy F -- Lawyers Title Company
Richard Devone A $330,000 Gateway Title Company
Richard Allen $260,000 First American Title Co
Dane Ken $240,000 Chicago Title
Rapid Real Estate Llc -- Chicago Title Co
Bank Of America National Tr & Svgs Assn $90,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richard Billy $437,750
Previous Owner Richard Billy F $310,250
Previous Owner Richard Devone A $280,500
Previous Owner Richard Allen $252,200
Previous Owner Dane Ken $36,000
Previous Owner Rapid Real Estate Llc $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Sold $1,390,000 +20.9% $469 / Sq Ft
04/05/2022 04/05/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $1,150,000 -- $388 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $17,939 $1,475,079 $1,061,208 $413,871
2024 $17,939 $1,446,156 $1,040,400 $405,756
2023 $17,598 $1,417,800 $1,020,000 $397,800
2022 $8,720 $697,447 $341,193 $356,254
2021 $8,601 $683,772 $334,503 $349,269
2019 $8,353 $663,493 $324,583 $338,910
2018 $8,183 $650,484 $318,219 $332,265
2016 $7,811 $625,226 $305,863 $319,363
2015 $7,700 $615,835 $301,269 $314,566
2014 $7,732 $603,773 $295,368 $308,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22056339

California Regional Multiple Listing Service (CRMLS)

APN: 5060-005-025