NOT LISTED FOR SALE

2565 S Spaulding Ave Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $866,000 - $1,288,000

3 Beds
3 Baths
2,204 Sq Ft
$503/Sq Ft Est. Value

Last Sold March 11, 2016

Last sale price $612,800 $278 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,617/month

67 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Floor Furnace

About This Home

As of March 2016

Great opportunity to own a triplex in the rapidly changing Mid-City area. This property is located approximately two blocks from Culver City, minutes from Miracle Mile, Beverly Center, The Grove and Downtown LA. The property features three spacious one bedroom and one full bathroom units. The lot is zone LARD1.5, which would allow construction of an additional unit (check with city for requirements). There is a recreational/rumpus room in the rear of property. Seller recently painted the exterior of the property and updated the electrical panel. The large demand for income property, rising property values and increased rental amounts makes Mid-City one of the hottest area to purchase property in Southern California.

Last Agent to Sell the Property

Walner H Hernandez

RE/MAX Alliance Group License #01318574 Listed on: 12/03/2015

RE/MAX Alliance Group

Last Buyer's Agent

Marjan Janjic

Brentwood Realty Group, Inc. License #01462835

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,897

Year Built

  • Built in 1948

Lot Details

  • 5,888

Home Design

  • Triplex
  • Traditional Architecture
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,204 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking

Additional Features

  • 5,888 Sq Ft Lot
  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 5048-007-043

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,897

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 2204
  • Probate: No
  • Year Built: 1948
  • Number Of Photos: 7
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Hardwood
  • Bedrooms: 3
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Price Per S Q F T: 285.84

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 3

Utilities

  • Heating: Floor Furnace

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Value: 53549
  • Assessed Land Value: 491810
  • Assessor Parcel Number: 5048-007-043
  • Geocode Override: No
  • Lot Size Area: 5888

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 18.42
  • Number Of Units: 3
  • Rent Control: 100
  • Total Annual Expense: 9315.00
  • Type Of Units: Triplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2015
Closed on
Feb 18, 2016
Sold by
Lin Judy Yian Hwei
Bought by
Lin Judy Yian Hwei and Lin Soo Bin
Seller's Agent
Walner H Hernandez
RE/MAX Alliance Group
Buyer's Agent
Marjan Janjic
Brentwood Realty Group, Inc.
List Price
$629,990
Sold Price
$612,800
Premium/Discount to List
-$17,190
-2.73%
Current Estimated Value
$1,073,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,411
Avg. Annual Appreciation
5.52%

Purchase Details

Listed on
Dec 3, 2015
Closed on
Feb 16, 2016
Sold by
Sochiratna Paul Prapol
Bought by
Lin Judy Yian Hwei
Seller's Agent
Walner H Hernandez
RE/MAX Alliance Group
Buyer's Agent
Marjan Janjic
Brentwood Realty Group, Inc.
List Price
$629,990
Sold Price
$612,800
Premium/Discount to List
-$17,190
-2.73%

Purchase Details

Closed on
Jun 9, 2008
Sold by
Barrett Ron
Bought by
Dawudian Navid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 6, 2008
Sold by
Davidian Navid and Davidian Sharona
Bought by
Davidian Navid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.62%
Mortgage Type
New Conventional
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
Lin Judy Yian Hwei -- Fidelity National Title Co
Lin Judy Yian Hwi $613,000 Fidelity Sherman Oaks
Lin Judy Yian Hwei -- Fidelity Sherman Oaks
Dawudian Navid $499,000 Southland Title
Davidian Navid -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dawudian Navid $250,000
Previous Owner Barrett Ron $94,388
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2016 03/11/16 Sold $612,800 -2.7% $278 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
12/03/2015 12/03/15 For Sale $629,990 -- $286 / 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 $8,897 $725,425 $509,031 $216,394
2024 $8,897 $711,201 $499,050 $212,151
2023 $8,731 $697,257 $489,265 $207,992
2022 $8,334 $683,586 $479,672 $203,914
2021 $8,228 $670,183 $470,267 $199,916
2019 $7,986 $650,707 $456,319 $194,388
2018 $7,903 $637,957 $447,372 $190,585
2016 $6,853 $553,675 $499,310 $54,365
2015 $6,754 $545,359 $491,810 $53,549
2014 $6,795 $534,678 $482,177 $52,501
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Walner H Hernandez

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2016

    Marjan Janjic

    Brentwood Realty Group, Inc.

    (310) 600-2436

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 15-963493

The MLS

APN: 5048-007-043

California Los Angeles County Los Angeles 90016 West Adams

2565 S Spaulding Ave, Los Angeles, CA

This home is located at 2565 S Spaulding Ave, Los Angeles, CA 90016 since 03 December 2015 and is currently estimated at $1,108,133, approximately $502 per square foot. This property was built in 1948. 2565 S Spaulding 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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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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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