$330,000
SOLD FEB 4, 2019

244 Columbia Place Los Angeles, CA 90026

Westlake Neighborhood
-- Bed
-- Bath
1,364 Sq Ft
1,289 Sq Ft Lot

Recently Sold

$242 Per Sq Ft

3% Below List Price

70 Days on Market

Highlights

  • All Bedrooms Downstairs
  • East Facing Home
  • Gravity Heating System
  • Traditional Architecture
  • Carpet

About This Home

As of July 2023

Ideal for owner-user or investor. Two story duplex with 1 bedroom, 1 bath, kitchen and living room. Unit has access through the rear and through a shared walkway in front.Individual gas and electric meters.This unit is located in the highly sought after neighborhood of Westlake and adjacent to DTLA.Investors, business-owners and prospective owners are attracted to the area to capitalize on the ongoing development.

Last Agent to Sell the Property

Wayne Hartigan

Arrow Management Company License #00530364 Listed on: 11/26/2018

Last Buyer's Agent

Christine Arcaris

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,156

Year Built

  • Built in 1923

Lot Details

  • 1,289 Sq Ft Lot
  • East Facing Home
  • Land Lease

Home Design

  • Traditional Architecture
  • Property Attached
  • Flat Roof Shape
  • Raised Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • All Bedrooms Down
  • 2-Story Property
  • Carpet
  • Fire and Smoke Detector
  • Gas Range

Utilities

  • Gravity Heating System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, gas, electricity
  • Assessor Parcel Number 5153016029

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,156

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: No
  • Zoning: LAR3
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 5153016029
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Ground Level With Steps
  • Flooring: Carpet
  • Appliances: Yes
  • Levels: Two
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: East
  • Foundation: Block, Raised
  • Pool Private: No
  • Roof: Flat, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Laundry: No
  • Appliances: Refrigerator, Gas Range, Gas Water Heater
  • Heating Type: Gravity

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: Yes
  • Lot Size Sq Ft: 1289.00
  • Lot Size Acres: 0.0296

Rental Info

  • Tenant Pays: Cable TV, Gas, Electricity

Multi Family

  • Average1 Bed Area: 682 Square Feet
  • Lot Size Area: 1289.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2018
Closed on
Feb 7, 2019
Sold by
La Property Hd Llc
Bought by
Poitras Andrew
Seller's Agent
Wayne Hartigan
Arrow Management Company
Buyer's Agent
Christine Arcaris
Compass
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Current Estimated Value
$708,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,957
Avg. Annual Appreciation
12.51%
Original Mortgage
$320,488
Interest Rate
4.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2016
Sold by
Columbia Place Investment Llc
Bought by
La Property Hd Llc

Purchase Details

Closed on
Jan 27, 2010
Sold by
Mchugh Frank and Mchugh Family Trust
Bought by
Columbia Place Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,168,600
Interest Rate
5.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 15, 2005
Sold by
Mchugh Frank
Bought by
Mchugh Frank and Mchugh Family Trust
Source: Public Records

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Range of Values:

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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 $326,500 First American Title Company
Grant Deed $305,000 None Available
Grant Deed -- Provident Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,000 New Conventional
Closed $407,000 New Conventional
Closed $100,000 Credit Line Revolving
Closed $339,000 New Conventional
Closed $321,480 FHA
Previous Owner $320,488 FHA
Previous Owner $1,168,600 Unknown
Previous Owner $1,168,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2023 07/07/23 Sold $500,000 +2.2% $367 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $489,000 +48.2% $359 / Sq Ft
02/04/2019 02/04/19 Sold $330,000 -2.9% $242 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $340,000 -- $249 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,156 $510,000 $229,500 $280,500
2024 $6,156 $500,000 $225,000 $275,000
2023 $4,359 $349,964 $249,178 $100,786
2022 $4,160 $343,103 $244,293 $98,810
2021 $4,101 $336,376 $239,503 $96,873
2019 $3,872 $317,322 $187,272 $130,050
2018 $3,849 $311,100 $183,600 $127,500
2016 $1,732 $136,296 $98,134 $38,162
2015 $1,708 $134,249 $96,660 $37,589
2014 $1,727 $131,620 $94,767 $36,853
Source: Public Records

Agents Affiliated with this Home

  • Kenya Reeves-Costa

    Seller's Agent in 2023

    Kenya Reeves-Costa

    Compass

    (323) 251-8626

    2 in this area

    142 Total Sales

    Section Image
  • Lee Ziff

    Buyer's Agent in 2023

    Lee Ziff

    Keller Williams Beverly Hills

    (323) 491-3919

    1 in this area

    73 Total Sales

    Section Image

  • M

    Buyer Co-Listing Agent in 2023

    Michael Ott

    Keller Williams Beverly Hills

    (719) 229-1271

    1 in this area

    3 Total Sales

    Section Image

  • W

    Seller's Agent in 2019

    Wayne Hartigan

    Arrow Management Company

    (626) 644-7229

    Section Image

  • C

    Buyer's Agent in 2019

    Christine Arcaris

    Compass

    (818) 790-9900

    1 in this area

    9 Total Sales

    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818005643

Pasadena-Foothills Association of REALTORS®

APN: 5153-016-029

California Los Angeles County Los Angeles 90026 Westlake

244 Columbia Place, Los Angeles, CA

This home is located at 244 Columbia Place, Los Angeles, CA 90026 and is currently priced at $330,000, approximately $241 per square foot. This property was built in 1923. 244 Columbia Place is a home located in Los Angeles County with nearby schools including Sal Castro Middle School, Academic Leadership Community Miguel Contreras Learning Complex, and Belmont High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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