NOT LISTED FOR SALE

249 Columbia Place Los Angeles, CA 90026

Westlake Neighborhood

Estimated Value: $816,000 - $1,160,000

2 Beds
2 Baths
1,536 Sq Ft
$636/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $350,000 $228 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $6,305/month

14 Days on Market

About This Home

As of May 2017

Unique 2 unit investment opportunity between Beverly & 3rd, on one of DTLA's few remaining walking streets! The one up - one down duplex consists of 1,536 SF and is situated in a prime corner location in the 1920's building. The interiors of the two, 1 Bedroom, 1 Bath apartments have good ceiling height, period architectural features, some of the original moldings, and a ton of potential! Each unit has a separate front and rear entrance, separate fenced courtyard space and only one attached wall with the neighbors. The duplex is currently 100% tenant occupied and the Seller will not delivered any units vacant. 249 & 251 Columbia Place is one of the lowest priced investment properties available in 90026 - presenting a great opportunity for investors! The Duplex is in an excellent location minutes from the new downtown core and all of the trendy restaurants, shops and attractions - where tenants can access Staples Center, Grand Park, The Broad, Grand Central Market, LA Live & More!

Last Agent to Sell the Property

Charlie Coronado

Compass License #01723306 Listed on: 03/17/2017

Compass

Last Buyer's Agent

Iryna Dyakun

ID Financial Group Inc. License #01936238

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,805

Year Built

  • Built in 1923

Lot Details

  • 1,978

Parking

  • On-Street Parking

Home Design

  • 1,536 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Additional Features

  • 1,978 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5153-016-044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,805

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Unique Two Unit investment opportunity between Beverly & 3rd, on one of DTLA's few remaining walking streets! The one up - one down duplex consists of 1,536 SF and is situated in a prime corner location in the 1920's building. The interiors of the two, 1 Bedroom, 1 Bath apartments have good ceiling height, period architectural features, some of the original moldings, and a ton of potential! Each unit has a separate front and rear entrance, separate fenced courtyard space and only one attached wall with the neighbors. The duplex is currently 100% tenant occupied and the Seller will not delivered any units vacant. 249 & 251 Columbia Place is one of the lowest priced investment properties available in 90026 - presenting a great opportunity for investors! The Duplex is in an excellent location minutes from the new downtown core and all of the trendy restaurants, shops and attractions - where tenants can access Staples Center, Grand Park, The Broad, Grand Central Market, LA Live & More! The property is easily accessible by major freeways the 101 and 110 and public transportation including the Westlake/MacArthur Park Metrolink station - making getting around the city convenient - even during rush hour!
  • Living Area: 1536
  • Year Built: 1923
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator
  • Price Per S Q F T: 214.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: On street

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Value: 31931
  • Assessed Land Value: 15858
  • Assessor Parcel Number: 5153-016-044
  • Geocode Override: No
  • Lot Size Area: 1978

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 8298
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2023
Sold by
Chisom Onyea
Bought by
So Thats What I Did Llc
Current Estimated Value
$976,480

Purchase Details

Closed on
Sep 18, 2020
Sold by
Sudorzhenko Alona
Bought by
Onyea Chisom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$744,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 17, 2017
Closed on
Apr 6, 2017
Sold by
Pulg Maria C
Bought by
Sudorzhenko Alona
Seller's Agent
Charlie Coronado
Compass
Buyer's Agent
Iryna Dyakun
ID Financial Group Inc.
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.16%
Original Mortgage
$262,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 13, 2002
Sold by
Puig Longobaldo and Puig Maria C
Bought by
Puig Longobaldo
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
So Thats What I Did Llc -- Accommodation/Courtesy Recordi
Onyea Chisom $800,000 Lawyers Title Company
Sudorzhenko Alona $350,000 Lawyers Title Company
Puig Longobaldo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Onyea Chisom $744,000
Previous Owner Sudorzhenko Alona $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $350,000 +6.1% $228 / Sq Ft
03/31/2017 03/31/17 For Sale $330,000 -5.7% $215 / Sq Ft
03/29/2017 03/29/17 Off Market $350,000 -- --
03/17/2017 03/17/17 For Sale $330,000 -- $215 / 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 $11,805 $988,380 $691,866 $296,514
2024 $11,805 $969,000 $678,300 $290,700
2023 $10,082 $832,320 $499,392 $332,928
2022 $9,611 $816,000 $489,600 $326,400
2021 $9,569 $800,000 $480,000 $320,000
2019 $4,442 $364,140 $208,080 $156,060
2018 $4,414 $357,000 $204,000 $153,000
2016 $691 $47,789 $15,858 $31,931
2015 $682 $47,072 $15,620 $31,452
2014 $700 $46,151 $15,315 $30,836
Source: Public Records

Agents Affiliated with this Home

  • Charlie Coronado

    Seller's Agent in 2017

    Charlie Coronado

    Compass

    (323) 841-2911

    2 in this area

    53 Total Sales

    Charlie Coronado
    Section Image

  • I

    Buyer's Agent in 2017

    Iryna Dyakun

    ID Financial Group Inc.

    (323) 683-3531

    2 Total Sales

    Iryna Dyakun
    Section Image
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Map

Source: The MLS

MLS Number: 17-212538

The MLS

APN: 5153-016-044

California Los Angeles County Los Angeles 90026 Westlake

249 Columbia Place, Los Angeles, CA

This home is located at 249 Columbia Place, Los Angeles, CA 90026 since 17 March 2017 and is currently estimated at $976,480, approximately $635 per square foot. This property was built in 1923. 249 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.

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