NOT LISTED FOR SALE

Estimated Value: $717,000 - $824,255

3 Beds
2 Baths
1,364 Sq Ft
$549/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $660,000 $484 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,756/month

5 Days on Market

About This Home

As of November 2023

Nestled on one of the few remaining pedestrian-friendly streets in Los Angeles, this beautifully remodeled New York-style "row house" duplex stands as a testament to architectural elegance, crafted by the renowned architect David J. Witmer in 1923. Recognized by the State Historical Resource Commission as a "unique and invaluable property type," it resides in the heart of Los Angeles. Within walking distance, residents can explore a wealth of Los Angeles' cultural gems, such as The Broad Museum, Symphony Hall, the Museum of Contemporary Art (MOCA), and the scenic Echo Park Lake. This historic home not only embodies timeless charm but also provides unparalleled access to the city's renowned attractions.

Last Agent to Sell the Property

Janely Sandoval

Century 21 Allstars License #01972257 Listed on: 10/19/2023

Century 21 Allstars

Last Buyer's Agent

Winnie Lo

CIRCA PROPERTIES, INC. License #01985781

CIRCA PROPERTIES, INC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,078

Year Built

  • Built in 1923

Lot Details

  • 1,272 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 5941
  • Assessor Parcel Number 5153016016

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Water Sewer Expense $1,200
  • Operating Expense $2,000
  • Gross Income $20,200
  • Net Operating Income $20,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,078

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Price Per Unit: 325000
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: LAR3
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5153016016
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 483.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 1272.00
  • Lot Size Acres: 0.0292

Multi Family

  • Gross Income: 20200.00
  • Gross Scheduled Income: 22200.00
  • Insurance Expense: 800.00
  • Lot Size Area: 1272.0000 Square Feet
  • Net Operating Income: 20200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2000.00
  • Rent Control: Yes
  • Total Expenses: 2000.00

Tax Info

  • Tax Census Tract: 2083.02
  • Tax Lot: 15
  • Tax Tract Number: 5941

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Oct 25, 2023
Sold by
Tucker Michele D
Bought by
Lo Kim Wai and Cohen Eva Rachel
Seller's Agent
Janely Sandoval
Century 21 Allstars
Buyer's Agent
Winnie Lo
CIRCA PROPERTIES, INC.
List Price
$649,999
Sold Price
$660,000
Premium/Discount to List
$10,001
1.54%
Views
26
Current Estimated Value
$749,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,314
Avg. Annual Appreciation
7.05%
Original Mortgage
$561,000
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Dec 10, 2009
Sold by
Bac Home Loans Servicing Lp
Bought by
Tucker Michele D

Purchase Details

Closed on
Jul 22, 2008
Sold by
Valdez Valeria
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 4, 2007
Sold by
Valdez Valeria
Bought by
Bravo Management Group Inc

Purchase Details

Closed on
Dec 26, 2006
Sold by
Shaw Dale O and Shaw Dulce I
Bought by
Valdez Valeria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Shaw Dale O
Bought by
Shaw Dale O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 6, 2001
Sold by
Lau Sai Choi
Bought by
Shaw Dale O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,594
Interest Rate
6.62%
Mortgage Type
FHA
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
Lo Kim Wai $660,000 Fidelity National Title
Bac Home Loans Servicing Lp -- Accommodation
Tucker Michele D $135,000 Landsafe Title
Federal Home Loan Mortgage Corporation $371,916 Accommodation
Bravo Management Group Inc -- None Available
Valdez Valeria $435,000 Fidelity National Title Co
Shaw Dale O -- Southland Title Company
Shaw Dale O $91,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lo Kim Wai $561,000
Closed Lo Kim Wai $561,000
Previous Owner Valdez Valeria $348,000
Previous Owner Shaw Dale O $259,000
Previous Owner Shaw Dale O $150,000
Previous Owner Shaw Dale O $104,545
Previous Owner Shaw Dale O $89,594
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $660,000 +1.5% $484 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $649,999 -- $477 / 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 $8,078 $673,200 $510,000 $163,200
2024 $8,078 $660,000 $500,000 $160,000
2023 $2,173 $167,479 $111,655 $55,824
2022 $2,077 $164,196 $109,466 $54,730
2021 $2,042 $160,977 $107,320 $53,657
2020 $2,060 $159,327 $106,220 $53,107
2019 $1,982 $156,204 $104,138 $52,066
2018 $1,959 $153,143 $102,097 $51,046
2016 $1,862 $147,199 $98,134 $49,065
2015 $1,836 $144,988 $96,660 $48,328
2014 $1,856 $142,149 $94,767 $47,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23195050

California Regional Multiple Listing Service (CRMLS)

APN: 5153-016-016