NOT LISTED FOR SALE

Estimated Value: $2,348,803 - $3,019,000

2 Beds
2 Baths
1,820 Sq Ft
$1,433/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $725,000 $398 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $16,257/month

98 Days on Market

Highlights

  • Main Floor Bedroom
  • Living Room with Attached Deck
  • Neighborhood Views
  • Spanish Architecture
  • No HOA
  • Cul-De-Sac

About This Home

As of June 2018

Great duplex in the heart of Mid-City Los Angeles! This charming duplex has 1 bedroom 1 bathroom in each unit. In the right unit they converted it to a 2 bedroom! This prime location is within close proximity to freeways and stores. This home sits on a lot of almost 6,500 sq ft and has plenty of room in the back and the front to expand!! Great for investors or a family to split the units. Units currently have tenants and will be vacant at the close of escrow. The units need some work and has tremendous potential so submit your offers!

Last Agent to Sell the Property

Amber Walker

Compass License #02030898 Listed on: 04/13/2018

Compass

Last Buyer's Agent

Suminda Sellahewa

Avarnka Real Estate, Inc. License #01155576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $29,019

Year Built

  • Built in 1925

Lot Details

  • 6,420 Sq Ft Lot
  • No Common Walls
  • Cul-De-Sac
  • Sprinkler System
  • Garden
  • Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage
  • 3 Carport Spaces
  • Parking Available

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 1,820 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Living Room with Fireplace
  • Living Room with Attached Deck
  • Neighborhood Views

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Converted Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Whole House Fan
  • Heating Available
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 114
  • Tax Tract Number 4416
  • Assessor Parcel Number 5062027019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$29,019

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Ad Number: (310)422-7020
  • Other Phone Number: 3104227020
  • Property Attached: No
  • View: Yes
  • Zoning: LARD2
  • Architectural Style: Spanish
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5062027019
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1820.00 Square Feet
  • Interior Amenities: Built-in Features, Crown Molding, Living Room Deck Attached
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 398.35
  • Room Type: Converted Bedroom, Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3.00
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop
  • Heating Type: Fireplace(s)
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: 2-5 Units/Acre, Cul-De-Sac, Front Yard, Garden, Sprinkler System
  • Lot Size Sq Ft: 6420.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 2186.00
  • Tax Lot: 114
  • Tax Tract Number: 4416

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 4, 2021
Sold by
Resi Team Llc
Bought by
Hu Yunqing and Lawrence Brian
Total Days on Market
98
Current Estimated Value
$2,607,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,820,000
Outstanding Balance
$1,676,484
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$887,533

Purchase Details

Listed on
Apr 13, 2018
Closed on
Apr 24, 2018
Sold by
Samuel Aaron M
Bought by
Resi Team Llc
Seller's Agent
Amber Walker
Compass
Buyer's Agent
Suminda Sellahewa
Avarnka Real Estate, Inc.
List Price
$710,000
Sold Price
$725,000
Premium/Discount to List
$15,000
2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.65%
Source: Public Records

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Range of Values:

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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
Hu Yunqing $2,275,000 Fidelity National Title Co
Resi Team Llc $725,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Yunqing $1,820,000
Previous Owner Samuel Aaron M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $725,000 +2.1% $398 / Sq Ft
01/13/2018 01/13/18 For Sale $710,000 -- $390 / 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
2024 $29,019 $2,366,910 $1,451,358 $915,552
2023 $28,459 $2,320,500 $1,422,900 $897,600
2022 $27,140 $2,275,000 $1,395,000 $880,000
2021 $19,953 $1,641,420 $762,104 $879,316
2020 $16,492 $754,290 $754,290 $0
2019 $9,092 $739,500 $688,500 $51,000
2018 $725 $37,440 $24,110 $13,330
2016 $679 $35,988 $23,175 $12,813
2015 $673 $35,448 $22,827 $12,621
2014 $692 $34,754 $22,380 $12,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18083367

California Regional Multiple Listing Service (CRMLS)

APN: 5062-027-019