Seller's Agent in 2021
Ruben Martinez
Fiduciary Real Estate Services
(714) 371-3269
1 in this area
175 Total Sales
249 S Avenue 54 Los Angeles, CA 90042
Estimated Value: $1,258,000 - $1,572,000
6
Beds
3
Baths
2,996
Sq Ft
$485/Sq Ft
Est. Value
Highlights
- 0.4 Acre Lot
- Private Yard
- Laundry Room
About This Home
As of December 2021Three houses on a lot in the heart of Highland Park on almost a half acre lot. Tucked in between the Griffith Observatory and the 110 Parkway, you are minutes away from DTLA, the metro station, hiking trails, dog parks, and all the restaurants and entertainment. Please check with the City of Los Angeles there may be an opportunity to build additional units on lot. This property is ready for development or renovation.
Last Agent to Sell the Property
Fiduciary Real Estate Services License #01027549 Listed on: 10/28/2021
Last Buyer's Agent
Fiduciary Real Estate Services License #01027549 Listed on: 10/28/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,604
Year Built
- Built in 1922
Lot Details
- 0.4 Acre Lot
- No Common Walls
- Private Yard
Home Design
- 2,996 Sq Ft Home
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Urban Location
Listing and Financial Details
- Tax Lot 15
- Assessor Parcel Number 5468013025
- $642 per year additional tax assessments
Community Details
Overview
- 5 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $4,759
- Maintenance Expense $1,736
- Other Expense $1,168
- Professional Management Expense $1,827
- New Taxes Expense $1,738
- Operating Expense $11,228
- Gross Income $26,100
- Net Operating Income $14,872
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 28, 2021
Closed on
Dec 3, 2021
Sold by
Kote Peter and The Leland James Bolin And Mar
Bought by
249Sa54 Partners Lp
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Ruben Martinez
Fiduciary Real Estate Services
List Price
$960,000
Sold Price
$1,276,000
Premium/Discount to List
$316,000
32.92%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,587
Avg. Annual Appreciation
3.83%
Purchase Details
Closed on
May 6, 2015
Sold by
Bolin Marcelle Jean and Leland James Bolin
Bought by
Bolin Marcelle Jean and Leland James Bolin
Purchase Details
Closed on
May 20, 1998
Sold by
Bolin Marcelle J
Bought by
Bolin Marcelle Jean and Leland James Bolin
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 249Sa54 Partners Lp | $1,276,000 | Lawyers Title | |
| Bolin Marcelle Jean | -- | None Available | |
| Bolin Marcelle Jean | -- | -- | |
| Bolin Marcelle Jean | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2021 12/27/21 | Sold | $1,276,000 | +32.9% | $426 / Sq Ft |
| 11/30/2021 11/30/21 | Pending | -- | -- | -- |
| 10/28/2021 10/28/21 | For Sale | $960,000 | -- | $320 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $16,604 | $1,354,100 | $880,802 | $473,298 |
| 2024 | $16,604 | $1,327,550 | $863,532 | $464,018 |
| 2023 | $16,287 | $1,301,520 | $846,600 | $454,920 |
| 2022 | $15,542 | $1,276,000 | $830,000 | $446,000 |
| 2021 | $1,557 | $77,399 | $50,024 | $27,375 |
| 2020 | $1,562 | $76,607 | $49,512 | $27,095 |
| 2019 | $1,525 | $75,106 | $48,542 | $26,564 |
| 2018 | $1,403 | $73,635 | $47,591 | $26,044 |
| 2016 | $1,318 | $70,778 | $45,744 | $25,034 |
| 2015 | $1,305 | $69,715 | $45,057 | $24,658 |
| 2014 | -- | $68,350 | $44,175 | $24,175 |
Source: Public Records
Agents Affiliated with this Home
-
Ruben Martinez
-
Logan Martinez
Seller Co-Listing Agent in 2021
Logan Martinez
Fiduciary Real Estate Services
(949) 273-8169
2 in this area
165 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC21236909
APN: 5468-013-025
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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