$980,000
SOLD AUG 21, 2025

238 Thorne St Los Angeles, CA 90042

3 Beds
3 Baths
1,410 Sq Ft
7,898 Sq Ft Lot

Recently Sold

$695 Per Sq Ft

23% Below List Price

122 Days on Market

Highlights

  • Attached Guest House
  • All Bedrooms Downstairs
  • Contemporary Architecture
  • Primary Bedroom Suite
  • City Lights View
  • Wood Flooring

About This Home

As of August 2025

Charming Duplex with Modern Upgrades in High Park, Los Angeles (Property will be delivered vacant)
This beautifully updated duplex offers two fully renovated units, each with its own unique charm and modern amenities.
The front main unit features two spacious bedrooms and two bathrooms, including a private en-suite in the primary bedroom. The bright, airy living and dining area is enhanced by crown molding, baseboards, and recessed lighting. The updated kitchen boasts rich mahogany cabinets, durable laminate flooring, and a large window overlooking the backyard and nearby park. The hallway bathroom has been stylishly upgraded with granite countertops and a standing shower with elegant green subway tiles. Both bedrooms, renovated in 2024, feature hardwood flooring and ample natural light. Additional highlights include central air and heat, a newly replaced roof (2024), and an upgraded septic system (2020). The second unit is a recently renovated one-bedroom, one-bathroom space with new flooring, recessed lighting, and fresh white paint. The bedroom includes a split temperature control unit and a spacious closet with sliding doors. The modernized kitchen offers mahogany-stained cabinets, granite countertops, and a large double-pane window, while the bathroom features new fixtures, cabinets, and a stylish shower. The backyard is a peaceful retreat with large tiled flooring, lush greenery, and a charming brick fire pit—perfect for relaxing or entertaining. Each unit has separate utilities and a new electrical panel. Plans and permits are available for all upgrades. Prime location near Arroyo Park and Harrison Horse Park provides easy access to outdoor recreation, making this an excellent opportunity for homeowners and investors alike.

Last Agent to Sell the Property

Yvette Geater

Century 21 Masters Brokerage Phone: 562-307-1056 License #02074114 Listed on: 03/15/2025

Century 21 Masters

Last Buyer's Agent

Paul Imbro

Compass License #02083261

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,896

Year Built

  • Built in 1921

Lot Details

  • 7,898 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Chain Link Fence
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway

Property Views

  • City Lights
  • Woods
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Duplex
  • Contemporary Architecture
  • Entry on the 3rd floor
  • Turnkey
  • Raised Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Copper Plumbing

Interior Spaces

  • 1,410 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Blinds
  • Insulated Doors
  • Living Room
  • Storage

Kitchen

  • Six Burner Stove
  • Gas Cooktop
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Two Homes on a Lot
  • Attached Guest House

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity, gas, trash collection, water
  • Legal Lot and Block 7 / 41
  • Tax Tract Number 183103
  • Assessor Parcel Number 5492040008
  • $263 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Mountainous Community

Recreation

  • Park
  • Dog Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,710
  • Trash Expense $660
  • Water Sewer Expense $1,805
  • Operating Expense $4,175
  • Gross Income $80,400
  • Net Operating Income $76,225

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,896

Year Built

Built in 1921

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Yvette
  • Other Phone Number: 562-3071056
  • Price Per Unit: 499500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Security Lights
  • View: Yes
  • Water Sewer Expenses: 1805.00
  • Zoning: LARD2
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5492040008
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Block Walls, Copper Plumbing Full, Crown Molding, Granite Counters, Storage
  • Stories: 2
  • Entry Location: 3
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Door Features: Insulated Doors
  • Entry Level: 3
  • Levels: Two
  • Price Per Square Foot: 695.04
  • Room Type: All Bedrooms Down, All Bedrooms Up, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised
  • Other Structures: Guest House Attached, Two On A Lot
  • Exterior Features: Lighting
  • View: City Lights, Hills, Mountain(s), Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Block, Chain Link, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage, Garage - Single Door, Garage Door Opener, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Gas Cooktop, Microwave, Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside, Washer Hookup, Washer Included
  • Sewer: Other, Public Sewer
  • Trash Expense: 660.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Gutters, Park, Mountainous, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7898.00
  • Lot Size Acres: 0.1813

Rental Info

  • Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Trash Collection, Water

Multi Family

  • Gross Income: 80400.00
  • Gross Scheduled Income: 80400.00
  • Insurance Expense: 1710.00
  • Lot Size Area: 7898.0000 Square Feet
  • Net Operating Income: 76225.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Patio: 2
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 4175.00
  • Rent Control: No
  • Total Expenses: 4175.00

Tax Info

  • Tax Block: 41
  • Tax Census Tract: 1831.03
  • Tax Lot: 7
  • Tax Tract Number: 183103
  • TaxOtherAnnualAssessmentAmount: 263.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2025
Closed on
Aug 20, 2025
Sold by
Miguel Blanco Living Trust and Blanco Miguel
Bought by
Balingit Erwin and Balingit Kristina Gaerlan
Seller's Agent
Yvette Geater
Century 21 Masters
Buyer's Agent
Paul Imbro
Compass
List Price
$1,279,000
Sold Price
$980,000
Premium/Discount to List
-$299,000
-23.38%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.72%
Original Mortgage
$508,800
Outstanding Balance
$508,800
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$495,623

Purchase Details

Closed on
Dec 2, 2022
Sold by
Blanco Miguel
Bought by
Miguel Blanco Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.95%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 12, 2022
Sold by
Miguel Blanco Living Trust
Bought by
Blanco Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
7.08%

Purchase Details

Closed on
Nov 27, 2007
Sold by
Blanco Miguel
Bought by
Blanco Miguel and Miguel Blanco Living Trust
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 Type Sale Price Title Company
Grant Deed $980,000 Orange Coast Title Company
Grant Deed -- Accommodation/Courtesy Recordi
Grant Deed -- Stewart Title Guaranty Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $508,800 New Conventional
Previous Owner $600,000 Balloon
Previous Owner $600,000 No Value Available
Previous Owner $187,000 New Conventional
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $144,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $61,336 Credit Line Revolving
Previous Owner $75,000 Credit Line Revolving
Previous Owner $64,545 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Sold $980,000 -1.9% $695 / Sq Ft
07/15/2025 07/15/25 Pending -- -- --
06/17/2025 06/17/25 Price Changed $999,000 -6.6% $709 / Sq Ft
04/22/2025 04/22/25 Price Changed $1,070,000 -9.2% $759 / Sq Ft
04/06/2025 04/06/25 Price Changed $1,179,000 -7.8% $836 / Sq Ft
03/15/2025 03/15/25 For Sale $1,279,000 -- $907 / 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 $1,896 $145,972 $84,502 $61,470
2024 $1,896 $143,111 $82,846 $60,265
2023 $1,862 $140,306 $81,222 $59,084
2022 $1,779 $137,556 $79,630 $57,926
2021 $1,749 $134,860 $78,069 $56,791
2019 $1,698 $130,861 $75,754 $55,107
2018 $1,642 $128,296 $74,269 $54,027
2016 $1,552 $123,316 $71,386 $51,930
2015 $1,531 $121,464 $70,314 $51,150
2014 $1,549 $119,086 $68,937 $50,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW25051955

California Regional Multiple Listing Service (CRMLS)

APN: 5492-040-008