NOT LISTED FOR SALE

Estimated Value: $1,142,958 - $1,313,000

5 Beds
4 Baths
2,123 Sq Ft
$582/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $1,200,000 $565 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,756/month

9 Days on Market

Highlights

  • Living Room with Fireplace
  • Double Pane Windows
  • Laundry Room
  • Den
  • Open Patio
  • Bungalow

About This Home

As of July 2024

Looking for both a comfortable home and an excellent investment opportunity in bustling downtown LA? Centrally located in the Mid-City neighborhood, this incredible property is a must-see! Two units stand on a single, gated lot, one of which is currently occupied. You can choose to enjoy a dual income or live in one while leasing the other. A generous front yard bordered by verdant foliage rests before the 3-bedroom, 2-bath main residence - an ideal spot to relax or gather for weekend BBQs. Enter the beautifully updated interior finished with elegant crown molding, soothing neutral tones, and dark, wide-plank flooring. Large bay windows usher in brilliant natural light, illuminating the seamlessly flowing living area's inviting fireplace. Prepare delectable dishes in the bright kitchen equipped with stainless steel appliances, abundant cabinetry, subway tile backsplash, and gleaming granite countertops. Three well-sized bedrooms are graced with ample storage, two of which are accommodated by a refreshing shared bath. The primary suite showcases a walk-in closet and a chic ensuite. In addition, there's a laundry nook and a versatile bonus room.In the rear, a 2-bedroom, 2-bath stand-alone unit is exemplary as a rental for a steady stream of revenue. Its open-concept layout features a full kitchen and even an outdoor patio where tenants can unwind. Also, there's gated parking for both units plus the front house has the garage. Convenience is yours with proximity to the I-10 and Metro Expo Line stops on Jefferson/La Cienega and Jefferson/La Brea. An array of shops and restaurants are easily accessible, including Vees Cafe, MizLaLa Mediterranean, Delicious Pizza, and Tartine. Come grab this amazing offer before it passes you by!

Last Agent to Sell the Property

Shannon Shue

Keller Williams Los Angeles License #01975849 Listed on: 06/29/2024

Keller Williams Los Angeles

Last Buyer's Agent

OUT OF AREA

OUT OF AREA License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,791

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 6,079 Sq Ft Lot
  • Gated Home
  • Property is zoned LARD1.5

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Bungalow

Interior Spaces

  • 2,123 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area
  • Den
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Outdoor Features

  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for gardener, water
  • Assessor Parcel Number 5063-007-087

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,791

Year Built

Built in 1924 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Building Permit: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 2123
  • Lot Acreage: 0.1396
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Number Dishwasher: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Appliances: Oven, Microwave, Range
  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Washer, Refrigerator, Range/Oven, Microwave, Ceiling Fan
  • Price Per S Q F T: 494.11
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: None
  • Tennis Court Y/N: No
  • Patio: Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Garage - 1 Car, Uncovered
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Fire and Smoke Detection System, Carbon Monoxide Detector(s)
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 34.78
  • Assessed Improvement Value: 408000
  • Assessed Land Percent: 65.22
  • Assessed Land Value: 765000
  • Total Assessed Value: 1173000
  • Assessor Parcel Number: 5063-007-087
  • Lot Size Area: 6079

Rental Info

  • Number Leased: 1
  • Total Actual Rent: 2700.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2024
Closed on
Jul 16, 2024
Sold by
Glennie Hauser Llc
Bought by
Pillor Eric William and Pillor Joya Jaclin
Seller's Agent
Shannon Shue
Keller Williams Los Angeles
Buyer's Agent
OUT OF AREA
OUT OF AREA
List Price
$1,049,000
Sold Price
$1,200,000
Premium/Discount to List
$151,000
14.39%
Views
11
Current Estimated Value
$1,235,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,240
Avg. Annual Appreciation
0.21%
Original Mortgage
$1,072,953
Outstanding Balance
$1,062,033
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$140,939

Purchase Details

Closed on
Jan 11, 2022
Sold by
Robert Shepherd Iii
Bought by
Glennie Hauser Llc

Purchase Details

Closed on
Feb 4, 2021
Sold by
Shepherd Robert A and Shepherd Colleen
Bought by
Shepherd Robert

Purchase Details

Closed on
Dec 12, 2020
Sold by
Shepherd Robert A and Shepherd Colleen
Bought by
Shepherd Robert

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 27, 2017
Sold by
Shepherd Alicia
Bought by
Shepherd Robert
Seller's Agent
Elijah Korobkin
Central Realty Advisors Inc
Buyer's Agent
Alicia Shepherd
KW Advisors
List Price
$1,109,000
Sold Price
$1,000,000
Premium/Discount to List
-$109,000
-9.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$728,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 25, 2017
Sold by
N8 Properties Llc
Bought by
Shepherd Robert and Shepherd Colleen
Seller's Agent
Elijah Korobkin
Central Realty Advisors Inc
Buyer's Agent
Alicia Shepherd
KW Advisors
List Price
$1,109,000
Sold Price
$1,000,000
Premium/Discount to List
-$109,000
-9.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2016
Sold by
Landmark Villas West Llc
Bought by
N8 Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 27, 2015
Closed on
Jan 5, 2016
Sold by
Garcia Salvador and Vasquez Maria Ana Lucia
Bought by
Landmark Villas West Llc
Seller's Agent
Elijah Korobkin
Central Realty Advisors Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$520,000
Sold Price
$425,000
Premium/Discount to List
-$95,000
-18.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.36%
Original Mortgage
$276,250
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2004
Sold by
Garcia Salvador
Bought by
Garcia Salvador and Vasquez Maria Ana Lucia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
5.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2002
Sold by
Vasquez Ruben
Bought by
Garcia Salvador

Purchase Details

Closed on
Jan 5, 1996
Sold by
Sagastume Manuel
Bought by
Vasquez Ruben and Garcia Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,345
Interest Rate
7.18%

Purchase Details

Closed on
Feb 13, 1995
Sold by
Green Shirley Jean
Bought by
Vasquez Ruben and Garcia Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,100
Interest Rate
8.44%
Mortgage Type
FHA
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
Pillor Eric William $1,200,000 Fidelity National Title
Glennie Hauser Llc -- Kyler Kohler Ostermiller & Sor
Shepherd Robert -- None Available
Shepherd Robert A -- None Available
Shepherd Robert -- None Available
Shepherd Robert A -- None Available
Shepherd Robert -- Fidelity Sherman Oaks
Shepherd Robert $1,000,000 Fidelity Sherman Oaks
N8 Properties Llc -- Lawyers Title
Landmark Villas West Llc $425,000 Fidelity Sherman Oaks
Garcia Salvador -- Stewart Title Of Ca Inc
Garcia Salvador -- --
Vasquez Ruben -- Orange Coast Title
Vasquez Ruben $185,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pillor Eric William $1,072,953
Previous Owner Shepherd Robert $728,000
Previous Owner N8 Properties Llc $540,000
Previous Owner Landmark Villas West Llc $276,250
Previous Owner Garcia Salvador $62,500
Previous Owner Garcia Salvador $499,999
Previous Owner Garcia Salvador $20,000
Previous Owner Garica Salvador $404,149
Previous Owner Garcia Salvador $328,774
Previous Owner Garcia Salvador $340,000
Previous Owner Garcia Salvador $283,468
Previous Owner Garcia Salvador $242,708
Previous Owner Garcia Salvador $231,822
Previous Owner Vasquez Ruben $209,622
Previous Owner Vasquez Ruben $13,348
Previous Owner Vasquez Ruben $13,345
Previous Owner Vasquez Ruben $177,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $1,200,000 +14.4% $565 / Sq Ft
07/08/2024 07/08/24 Pending -- -- --
06/29/2024 06/29/24 For Sale $1,049,000 0.0% $494 / Sq Ft
12/04/2019 12/04/19 Rented $3,850 0.0% --
10/16/2019 10/16/19 For Rent $3,850 0.0% --
10/13/2017 10/13/17 Sold $1,000,000 -9.8% $471 / Sq Ft
07/19/2017 07/19/17 For Sale $1,109,000 +160.9% $522 / Sq Ft
01/22/2016 01/22/16 Sold $425,000 -18.3% $200 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/27/2015 11/27/15 For Sale $520,000 -- $245 / 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 $14,791 $1,200,000 $725,000 $475,000
2024 $14,791 $1,196,460 $780,300 $416,160
2023 $14,560 $1,173,000 $765,000 $408,000
2022 $12,854 $1,072,199 $857,760 $214,439
2021 $12,692 $1,051,177 $840,942 $210,235
2020 $12,820 $1,040,860 $832,320 $208,540
2019 $12,313 $1,020,460 $816,000 $204,460
2018 $12,191 $1,000,460 $800,000 $200,460
2016 $3,542 $280,485 $172,379 $108,106
2015 $3,493 $276,273 $169,790 $106,483
2014 $3,517 $270,863 $166,465 $104,398
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-409467

The MLS

APN: 5063-007-087