NOT LISTED FOR SALE

2615 Manhattan Ave Montrose, CA 91020

Sparr Heights Neighborhood

Estimated Value: $1,294,617 - $1,327,000

5 Beds
4 Baths
2,704 Sq Ft
$485/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $1,034,250 $382 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $8,006/month

22 Days on Market

Highlights

  • Private Yard
  • Laundry Room
  • 1-Story Property
  • La Crescenta Elementary School Rated A-

About This Home

As of April 2024

Don't miss out on this opportunity to own a two-unit property in Montrose! The rear unit has undergone recent exterior updates, offering modern appeal. Enjoy the convenience of walking to various restaurants and shopping centers, while also being just a short drive away from Descanso Gardens, Hiking Trails, freeway access, and Downtown Los Angeles. Don’t let this opportunity pass you by!

Last Agent to Sell the Property

Misael Vasquez

Century 21 Allstars Brokerage Phone: 562-882-1135 License #01239378 Listed on: 03/04/2024

Century 21 Allstars

Last Buyer's Agent

Armen Parsekhian

Americana Real Estate Services License #01803460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,316

Year Built

  • Built in 1923

Lot Details

  • 7,059 Sq Ft Lot
  • No Common Walls
  • Private Yard

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 2,704 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 5157
  • Assessor Parcel Number 5610027048

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,316

Year Built

Built in 1923

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Zoning: GLR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5610027048
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 382.49

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7059.00
  • Lot Size Acres: 0.1621

Multi Family

  • Lot Size Area: 7059.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 3006.01
  • Tax Lot: 46
  • Tax Tract Number: 5157

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2025
Sold by
Rasmik & Jasik Parsekhian Family Trust and Parsekhian Rasmik
Bought by
Grigoryan Armond
Current Estimated Value
$1,310,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,105,000
Outstanding Balance
$1,103,133
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$207,771

Purchase Details

Listed on
Mar 4, 2024
Closed on
Apr 17, 2024
Sold by
Bank Of New York and Cwalt Inc Alternative Loan Tr
Bought by
Rasmik & Jasik Parsekhian Family Trust and Parsekhian
Seller's Agent
Misael Vasquez
Century 21 Allstars
Buyer's Agent
Armen Parsekhian
Americana Real Estate Services
List Price
$1,149,000
Sold Price
$1,034,250
Premium/Discount to List
-$114,750
-9.99%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%

Purchase Details

Closed on
Feb 1, 2024
Sold by
Nat'L Default Svcs Corporation
Bought by
Cwalt Inc Alternative Loan Tr and Bank/Ny Mellon Trust

Purchase Details

Closed on
Feb 25, 2020
Sold by
Khodagulyan Hamlet and Khodagulyan Monica
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Apr 4, 2006
Sold by
Khodagulyan Hamlet and Khodagulyan Monica
Bought by
Khodagulyan Hamlet and Khodagulyan Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 24, 2006
Sold by
Khodagulyan Hamlet
Bought by
Khodagulyan Hamlet and Khodagulyan Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 23, 2005
Sold by
Khachikian Hasmik and Khodagulyan Hovik
Bought by
Khodagulyan Hovik and Khachikian Hasmik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 14, 2003
Sold by
Tanaka Bino Saplad
Bought by
Khachikian Hasmik and Khodagulyan Hovik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,400
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Grigoryan Armond $1,300,000 Old Republic Title Company
Rasmik & Jasik Parsekhian Family Trust $1,034,500 Fin Title
Cwalt Inc Alternative Loan Tr $1,180,816 None Listed On Document
The Bank Of New York Mellon $43,487 Accommodation
Khodagulyan Hamlet -- American Coast Title Company
Khodagulyan Hamlet -- Act
Khodagulyan Hamlet -- American Coast Title Company
Khodagulyan Hovik -- --
Khachikian Hasmik $488,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigoryan Armond $1,105,000
Previous Owner Khodagulyan Hamlet $199,000
Previous Owner Khodagulyan Hamlet $520,000
Previous Owner Khachikian Hasmik $390,400
Closed Khachikian Hasmik $48,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2024 04/24/24 Sold $1,034,250 -10.0% $382 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/04/2024 03/04/24 For Sale $1,149,000 -- $425 / 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 $13,316 $1,054,935 $805,800 $249,135
2024 $13,316 $1,157,975 $696,930 $461,045
2023 $13,023 $1,135,270 $683,265 $452,005
2022 $12,416 $1,113,011 $669,868 $443,143
2021 $12,201 $1,091,188 $656,734 $434,454
2020 $11,291 $1,012,136 $762,230 $249,906
2019 $11,017 $992,291 $747,285 $245,006
2018 $10,789 $972,835 $732,633 $240,202
2016 $10,290 $935,061 $704,185 $230,876
2015 $10,080 $921,017 $693,608 $227,409
2014 $9,993 $902,977 $680,022 $222,955
Source: Public Records

Agents Affiliated with this Home

  • Misael Vasquez

    Seller's Agent in 2024

    Misael Vasquez

    Century 21 Allstars

    (562) 882-1135

    1 in this area

    56 Total Sales

    Misael Vasquez
    Section Image

  • A

    Buyer's Agent in 2024

    Armen Parsekhian

    Americana Real Estate Services

    (818) 244-2777

    1 in this area

    2 Total Sales

    Armen Parsekhian
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24044506

California Regional Multiple Listing Service (CRMLS)

APN: 5610-027-048

California Los Angeles County Montrose 91020 Sparr Heights

2615 Manhattan Ave, Montrose, CA

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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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