NOT LISTED FOR SALE

2532 S Genesee Ave Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $1,087,000 - $1,220,000

3 Beds
2 Baths
1,520 Sq Ft
$749/Sq Ft Est. Value

Last Sold August 31, 2013

Last sale price $485,000 $319 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $6,801/month

54 Days on Market

Highlights

  • Guest House
  • Laundry Room
  • Central Heating and Cooling System
  • Traditional Architecture
  • Tile Flooring
  • 5-minute walk to Genesee Avenue Park

About This Home

As of August 2013

Price Reduced $55,000. Unique fully remodeled property with a guest house. The main house is beautifully upgraded with soaring ceilings in every room and a multitude of skylights allowing natural light to flood the interior. Upgrades include a chef's kitchen with travertine slab countertops, newer cabinetry, and stainless steel appliances, plus modern bathrooms, nice well maintained carpeting and an open floor plan. The master bedroom has been enlarged and now contains a large sitting area to relax in. Going down the long driveway, there is a bonus unit perfect for a rental, guests, or family. It is one large open room with a full bathroom and kitchenette with eat in area. Between the two structures is a unique two story work shed with power and open beamed deconstructed ceilings. This could be used in a variety of ways to suit your needs; including, storage for a business, work space, or possibly family room/playroom. Convenient location and ready for move in.

Last Agent to Sell the Property

Eric Smilay

Nourmand & Associates-BH License #01710731 Listed on: 05/23/2013

Nourmand & Associates-BH

Last Buyer's Agent

Eric Smilay

Nourmand & Associates-BH License #01710731 Listed on: 05/23/2013

Nourmand & Associates-BH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,278

Year Built

  • Built in 1947

Lot Details

  • 6,551 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Guest House
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5048-007-036

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,278

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Traditional
  • Street Number Display: Yes
  • Living Area: 1520
  • Stories: 1
  • Year Built: 1947
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 325.66

Exterior Features

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

Garage/Parking

  • Parking Garage: Driveway - Concrete

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessor Parcel Number: 5048-007-036
  • Geocode Override: No
  • Lot Size Area: 6551

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2013
Closed on
Jul 17, 2013
Sold by
Fouke Lee W
Bought by
Ramirez Ernesto and Shaeffer Brandi
Seller's Agent
Eric Smilay
Nourmand & Associates-BH
Buyer's Agent
Eric Smilay
Nourmand & Associates-BH
List Price
$550,000
Sold Price
$485,000
Premium/Discount to List
-$65,000
-11.82%
Current Estimated Value
$1,138,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,958
Avg. Annual Appreciation
7.01%
Original Mortgage
$388,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2009
Sold by
Fouke Kirstin U and Fouke Lee W
Bought by
Fouke Lee W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,500
Interest Rate
5.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2009
Sold by
Fouke Lee W and Fouke Kirstin U
Bought by
Fouke Lee W

Purchase Details

Closed on
Nov 5, 2008
Sold by
Fouke Kirstin U
Bought by
Fouke Lee W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 22, 2008
Sold by
T-2 Holdings Inc
Bought by
Fouke Kirstin U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2008
Sold by
Sato Brian N and Sato Valerie S
Bought by
T-2 Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1996
Sold by
Sato Brian N
Bought by
Sato Brian N and Sato Valerie S
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 Buyer Sale Price Title Company
Ramirez Ernesto $485,000 California Title
Fouke Lee W -- Investors Title Company
Fouke Kirstin U -- Investors Title Company
Fouke Lee W -- None Available
Fouke Lee W -- Commonwealth Land Title Co
Fouke Kirstin U -- Commonwealth Land Title Co
Fouke Kirstin U $450,000 Commonwealth Land Title Co
T-2 Holdings Inc $370,000 Progressive Title Company
Sato Brian N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Ernesto $480,000
Closed Ramirez Ernesto $365,000
Closed Ramirez Ernesto $388,000
Previous Owner Fouke Kirstin U $156,500
Previous Owner Fouke Kirstin U $150,000
Previous Owner T-2 Holdings Inc $346,500
Previous Owner Sato Brian N $144,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2013 08/31/13 Sold $485,000 -2.0% $319 / Sq Ft
06/27/2013 06/27/13 Price Changed $495,000 -10.0% $326 / Sq Ft
05/23/2013 05/23/13 For Sale $550,000 -- $362 / 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 $7,278 $594,531 $377,192 $217,339
2024 $7,278 $582,875 $369,797 $213,078
2023 $7,143 $571,447 $362,547 $208,900
2022 $6,821 $560,243 $355,439 $204,804
2021 $6,732 $549,259 $348,470 $200,789
2019 $6,534 $532,970 $338,135 $194,835
2018 $6,384 $522,520 $331,505 $191,015
2016 $6,100 $502,232 $318,633 $183,599
2015 $6,011 $494,689 $313,847 $180,842
2014 $6,037 $485,000 $307,700 $177,300
Source: Public Records

Agents Affiliated with this Home

  • Eric Smilay

    Seller's Agent in 2013

    Eric Smilay

    Nourmand & Associates-BH

    (310) 274-4000

    30 Total Sales

    Eric Smilay
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Map

Source: The MLS

MLS Number: 13-675065

The MLS

APN: 5048-007-036

California Los Angeles County Los Angeles 90016 West Adams

2532 S Genesee Ave, Los Angeles, CA

This home is located at 2532 S Genesee Ave, Los Angeles, CA 90016 since 23 May 2013 and is currently estimated at $1,138,958, approximately $749 per square foot. This property was built in 1947. 2532 S Genesee Ave is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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