NOT LISTED FOR SALE

Estimated Value: $871,313 - $958,000

3 Beds
1 Bath
1,414 Sq Ft
$641/Sq Ft Est. Value

Last Sold August 10, 2023

Last sale price $798,000 $564 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,718/month

10 Days on Market

Highlights

  • Art Studio
  • Open Floorplan
  • Craftsman Architecture
  • City Lights View
  • Dual Staircase
  • Wood Flooring

About This Home

As of August 2023

*** Don't Miss out on the opportunity to renovate this 1909 vintage 3 story 3 bdrm & 1bath home (profile displays 2 bedrooms).This GEM of a home with so much potential for that perfect Buyer, Investor or Developer to make the home their own or an investment. It does require TLC. This delightful, bright 2 bed, 1 bath craftsman style home is a must see! Enter this home into a bright and airy enclosed patio that leads to a charming living room with wood flooring and a cozy fireplace, alongside an enclosed music room, garden room, craft room or your office, if you so choose. The zoning of this property is LAR3. Significant potential to rent the downstairs and side unit or convert to ADU. Did I mention there is a charming front porch, SPACIOUS low maintenance FRONT YARD and a LARGE STORAGE/WORKSHED downstairs or ADU. With your vision it can be whatever you want it to be (unit, art studio, office, etc.,)This property is near Lafayette Park Place which has numerous condos that recently sold. Located minutes from the eventful projects in up & coming Echo Park, Downtown LA. If rents are high in DTLA why miss out on the opportunity to have multiple condos or apartments which awaits you to build on this property.The property is centrally located, close to trendy Silver Lake shops and restaurants, and thriving Koreatown eateries. The property is also within walking distance to up-and-coming trendy eateries and bars near Rampart Village, the internationally recognized music concerts at Levitt Pavillion, and transportation hubs such as Metro Red Line and Union Station. It is close to the Broad Museum, the Museum of Contemporary Art, and the Downtown financial district. Easy access to Bus transportation, 101 & 10 fwy, schools, stores, minutes from Hollywood. Buyers do their own investigation to satisfy themselves.

Last Agent to Sell the Property

Marina Ramirez-Lomeli

eXp Realty of Southern Ca, Inc License #01236771 Listed on: 05/10/2023

eXp Realty of Southern Ca, Inc

Last Buyer's Agent

Steven Gutierrez-Kovner

JohnHart Real Estate License #01441197

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,823

Year Built

  • Built in 1909

Lot Details

  • 3,179 Sq Ft Lot
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR3

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Parking Available
  • Rear-Facing Garage

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Entry on the 2nd floor
  • Interior Block Wall

Interior Spaces

  • 1,414 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dual Staircase
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Art Studio
  • Attic

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 91
  • Assessor Parcel Number 5155025002

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,823

Year Built

Built in 1909

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: Realtor
  • Other Phone Number: 5622545555
  • Property Attached: Yes
  • View: Yes
  • Zoning: LAR3
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5155025002
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1414.00 Square Feet
  • Interior Amenities: 2 Staircases, Block Walls, Open Floorplan
  • Stories: 3
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl, Wood
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 564.36
  • Room Type: Art Studio, Attic, Family Room, Kitchen, Living Room

Exterior Features

  • Patio: Yes
  • View: City Lights, Neighborhood
  • Patio And Porch Features: Porch, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Direct Garage Access, Garage Faces Rear
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: No
  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard
  • Lot Size: 3179
  • Lot Size Sq Ft: 3179.00
  • Lot Size Acres: 0.0730

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3179.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 27
  • Tax Tract Number: 91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Aug 2, 2023
Sold by
Castano Carolyn and Castano Luz M
Bought by
Delong Lauren Rae
Seller's Agent
Marina Ramirez-Lomeli
eXp Realty of Southern Ca, Inc
Buyer's Agent
Steven Gutierrez-Kovner
JohnHart Real Estate
List Price
$898,800
Sold Price
$798,000
Premium/Discount to List
-$100,800
-11.21%
Views
33
Current Estimated Value
$906,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,078
Avg. Annual Appreciation
5.97%
Original Mortgage
$730,768
Outstanding Balance
$715,250
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$185,609

Purchase Details

Closed on
Jun 6, 2023
Sold by
Dauphin Gary Paul
Bought by
Castano Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$730,768
Outstanding Balance
$715,250
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$185,609

Purchase Details

Closed on
Aug 30, 2018
Sold by
Castano Luz M
Bought by
Castano Carolyn and Castano Luz M

Purchase Details

Closed on
Sep 30, 2016
Sold by
Castano Luz M
Bought by
Castano Luz M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,047
Interest Rate
3.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Delong Lauren Rae $798,000 Provident Title Company
Castano Carolyn -- Provident Title Company
Castano Carolyn -- None Available
Castano Luz M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delong Lauren Rae $730,768
Previous Owner Castano Luz M $218,047
Previous Owner Castano Jairo $240,000
Previous Owner Castano Jairo $217,000
Previous Owner Castano Jairo $100,000
Previous Owner Castano Jairo $75,000
Previous Owner Castano Jairo $25,000
Previous Owner Castano Jairo $167,500
Previous Owner Castano Jairo $135,000
Previous Owner Castano Jairo $116,000
Previous Owner Castano Jairo $7,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2023 08/10/23 Sold $798,000 -11.2% $564 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $898,800 -- $636 / 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 $9,823 $813,960 $651,168 $162,792
2024 $9,823 $798,000 $638,400 $159,600
2023 $2,025 $154,692 $100,507 $54,185
2022 $1,939 $151,660 $98,537 $53,123
2021 $1,904 $148,687 $96,605 $52,082
2019 $1,849 $144,279 $93,741 $50,538
2018 $1,781 $141,451 $91,903 $49,548
2016 $1,689 $135,960 $88,335 $47,625
2015 $1,665 $133,919 $87,009 $46,910
2014 $1,678 $131,297 $85,305 $45,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR23077695

California Regional Multiple Listing Service (CRMLS)

APN: 5155-025-002