NOT LISTED FOR SALE

2334 S Mansfield Ave Los Angeles, CA 90016

Mid-City Neighborhood

Estimated Value: $1,196,732 - $1,438,000

6 Beds
3 Baths
2,444 Sq Ft
$543/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $724,500 $296 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $7,810/month

72 Days on Market

Highlights

  • Wood Under Carpet
  • 2 Car Garage
  • Laundry Room
  • Corner Lot
  • Front Porch
  • 1-Story Property

About This Home

As of September 2016

2 on a lot, 3 BR House plus side by side Duplex consisting on 1/1 BR Unit and 1/2 BR Unit. Great for owner occupant with supporting rental income. House plus 1 Unit will be delivered Vacant at COE. Corner Lot, Rear Alley, Zoned LARD2, Possible re-development options...quiet residential street - but v/close to 10 Freeway and La Brea Ave. Rapidly appreciating Mid-City Location with easy access to Downtown, Hollywood, Westside. Public transportation very close...

Last Agent to Sell the Property

Brian Terry

Gregory Royston License #00929855 Listed on: 04/25/2016

Last Buyer's Agent

Julie Hwang

License #01303658

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,378

Year Built

  • Built in 1933

Lot Details

  • 6,000 Sq Ft Lot
  • Lot Dimensions are 50x120
  • No Common Walls
  • West Facing Home
  • Corner Lot
  • Rectangular Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Cosmetic Repairs Needed
  • Raised Foundation
  • Block Foundation
  • Stucco

Interior Spaces

  • 2,444 Sq Ft Home
  • 1-Story Property
  • Decorative Fireplace
  • Laundry Room

Flooring

  • Wood Under Carpet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Cooling System Powered By Gas
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Additional Features

  • Front Porch
  • City Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5062-017-013

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,378

Year Built

Built in 1933

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2444
  • Lot Dimensions: 50x120
  • Probate: No
  • Property Condition: Repair Cosmetic
  • Year Built: 1933
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Drywall Walls
  • Number Carpet: 1
  • Fireplace Rooms: Decorative
  • Flooring: Carpet, Vinyl Tile, Wood Under Carpet
  • Bedrooms: 6
  • Common Walls: None
  • Kitchen Features: Counter Top
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 3.00
  • Price Per S Q F T: 296.44

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Two On A Lot
  • Tennis Court Y/N: No
  • Foundation Details: Block, Raised
  • Construction: Frame and Stucco
  • Patio: Porch - Front
  • Paved: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Water District: LADWP
  • Water Heater: Gas
  • Cooling: Gas, Wall Unit(s)
  • Heating: Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Sewer: In Street
  • Water: In Street, Public
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Value: 114783
  • Assessed Land Value: 156525
  • Total Assessed Value: 271308
  • Assessor Parcel Number: 5062-017-013
  • Geocode Override: No
  • Lot Description: Curbs, Lot Shape-Rectangular, Lot-Level/Flat, Sidewalks, Single Lot, Street Lighting, Street Paved
  • Lot Location: City, Corner Lot
  • Lot Size Area: 6000

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Type Of Units: House + Dupl

Tax Info

  • Tax New: 755.00
  • Tax Percent: 1.25
  • Tax Total: 9056.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Aug 22, 2016
Sold by
Rowe Beverly
Bought by
Young Enriquez Linus Mario Antonio and Young Kim Sun
Seller's Agent
Brian Terry
Gregory Royston
Buyer's Agent
Julie Hwang
List Price
$724,500
Sold Price
$724,500
Current Estimated Value
$1,326,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,433
Avg. Annual Appreciation
6.83%
Original Mortgage
$543,000
Outstanding Balance
$432,831
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$894,102

Purchase Details

Closed on
Sep 22, 1998
Sold by
Lefleur Michelle and Lee Maria
Bought by
Rowe Beverly

Purchase Details

Closed on
Dec 13, 1995
Sold by
Gipson Ida and Martin Dorothy G
Bought by
Lee Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,305
Interest Rate
7.38%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Young Enriquez Linus Mario Antonio $724,500 Title 365
Rowe Beverly -- --
Lee Maria $136,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Enriquez Linus Mario Antonio $543,000
Previous Owner Lee Maria $134,305
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2016 09/01/16 Sold $724,500 0.0% $296 / Sq Ft
06/20/2016 06/20/16 For Sale $724,500 0.0% $296 / Sq Ft
05/25/2016 05/25/16 Off Market $724,500 -- --
04/25/2016 04/25/16 For Sale $724,500 -- $296 / 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 $10,378 $840,840 $580,292 $260,548
2024 $10,378 $824,354 $568,914 $255,440
2023 $10,185 $808,191 $557,759 $250,432
2022 $9,725 $792,345 $546,823 $245,522
2021 $9,598 $776,809 $536,101 $240,708
2020 $9,693 $768,844 $530,604 $238,240
2019 $9,317 $753,769 $520,200 $233,569
2018 $9,177 $738,990 $510,000 $228,990
2016 $3,585 $275,445 $158,912 $116,533
2015 $3,536 $271,308 $156,525 $114,783
2014 $3,569 $265,994 $153,459 $112,535
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2016

    Brian Terry

    Gregory Royston

    (213) 226-8700

    17 Total Sales

    Brian Terry
    Section Image

  • J

    Buyer's Agent in 2016

    Julie Hwang

See All Agents

Map

Source: The MLS

MLS Number: 16-118680

The MLS

APN: 5062-017-013

California Los Angeles County Los Angeles 90016 Mid-City

2334 S Mansfield Ave, Los Angeles, CA

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