NOT LISTED FOR SALE

Estimated Value: $729,000 - $826,248

4 Beds
2 Baths
1,364 Sq Ft
$560/Sq Ft Est. Value

Last Sold July 24, 2023

Last sale price $655,000 $480 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,807/month

44 Days on Market

Highlights

  • Craftsman Architecture
  • Ceramic Tile Flooring
  • Utility Room
  • No HOA

About This Home

As of July 2023

Remodeled Craftsman Duplex in the Historic Belmont Square with 2 vacant remodeled units to live in or rent. Both units have been newly remodeled throughout (Laminate flooring, recessed lighting, upgraded kitchens and bathrooms, mini-split A/C * Heating, and new appliances). The upper unit offers two bedrooms and one bath, a covered balcony, and front and rear access with a private/gated front and rear yard. The lower unit features a remodeled 1 bedroom and 1 bath, with a front and rear yard (gated). Situated in the heart of Westlake, neighboring Historic Filipinotown Town (HIFI), Echo Park, MacArthur Park, and DTLA. Making this a rare, centrally located investment opportunity. Situated in the heart of Westlake, neighboring Historic Filipinotown Town (HIFI), Echo Park, MacArthur Park, and DTLA. Making this a rare, centrally located investment opportunity.

Last Agent to Sell the Property

Julio Ruiz

Global Platinum Properties, Inc. License #01911261 Listed on: 04/13/2023

Co-Listed By

Armin Soleimani

Global Platinum Properties, Inc. License #01846872

Last Buyer's Agent

Justin Shore

Pinnacle Estate Properties, Inc. License #01715508

Pinnacle Estate Properties, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,023

Year Built

  • Built in 1923

Lot Details

  • 1,252 Sq Ft Lot
  • Property is zoned LAR3

Home Design

  • Craftsman Architecture

Interior Spaces

  • 1,364 Sq Ft Home
  • 2-Story Property
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5153-016-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,023

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Advertising Remarks: Remodeled Craftsman Duplex in the Historic Belmont Square with 2 vacant remodeled units to live in or rent. Both units have been newly remodeled throughout (Laminate flooring, recessed lighting, upgraded kitchens and bathrooms, mini-split A/C * Heating, and new appliances). The upper unit offers 2 bedrooms and 1 bath, a covered balcony, and front and rear access with a private/gated front and rear yard. The lower unit features a remodeled 1 bedroom and 1 bath, with a front and rear yard (gated). Situated in the heart of Westlake, neighboring Historic Filipinotown Town (HIFI), Echo Park, MacArthur Park, and DTLA. Making this a rare, centrally located investment opportunity. Situated in the heart of Westlake, neighboring Historic Filipinotown Town (HIFI), Echo Park, MacArthur Park, and DTLA.
  • Living Area: 1364
  • Lot Acreage: 0.0287
  • Stories: 2
  • Year Built: 1923
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate, Ceramic Tile
  • Bedrooms: 4
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dryer, Washer, Refrigerator, Microwave, Range/Oven
  • Price Per S Q F T: 549.12

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Utilities

  • Cooling: Electric
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5153-016-019
  • Lot Size Area: 1252

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jul 17, 2023
Sold by
Kohan Tanaz
Bought by
Joshi Romani
Seller's Agent
Julio Ruiz
Global Platinum Properties, Inc.
Buyer's Agent
Justin Shore
Pinnacle Estate Properties, Inc.
List Price
$699,000
Sold Price
$655,000
Premium/Discount to List
-$44,000
-6.29%
Views
136
Current Estimated Value
$749,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,388
Avg. Annual Appreciation
7.89%
Original Mortgage
$556,750
Outstanding Balance
$544,378
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$219,184

Purchase Details

Closed on
Apr 18, 2014
Sold by
Kohan Tanaz
Bought by
Kohan Tanaz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 13, 2010
Sold by
Rose Russell K and The Agnes R Marks Living Trust
Bought by
Kohan Tanaz

Purchase Details

Closed on
Jul 24, 1995
Sold by
Marks Agnes R
Bought by
Marks Agnes R and Agnes R Marks Living Trust
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
Joshi Romani $655,000 Chicago Title Company
Kohan Tanaz -- Ticor Title San Diego Branch
Kohan Tanaz $130,000 Equity Title Los Angeles
Marks Agnes R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joshi Romani $556,750
Previous Owner Kohan Tanaz $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Sold $655,000 -12.6% $480 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/25/2023 05/25/23 Price Changed $749,000 +7.2% $549 / Sq Ft
04/13/2023 04/13/23 For Sale $699,000 -- $512 / 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 $8,023 $668,100 $265,200 $402,900
2024 $8,023 $655,000 $260,000 $395,000
2023 $2,103 $161,278 $111,655 $49,623
2022 $2,010 $158,116 $109,466 $48,650
2021 $1,976 $155,017 $107,320 $47,697
2019 $1,919 $150,421 $104,138 $46,283
2018 $1,892 $147,473 $102,097 $45,376
2016 $1,797 $141,749 $98,134 $43,615
2015 $1,772 $139,620 $96,660 $42,960
2014 $1,791 $136,886 $94,767 $42,119
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-260203

The MLS

APN: 5153-016-019