NOT LISTED FOR SALE

2620 Somerset Dr Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $1,405,000 - $1,695,000

2 Beds
2 Baths
1,459 Sq Ft
6,273 Sq Ft Lot

Last Sold April 01, 2015

Last sale price $740,000 $507 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $9,755/month

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Living Room
  • Ground Level Unit
  • Built-In Features
  • Open Patio

About This Home

As of April 2020

Newly updated large bright 2bed/2bath near West Adams! Open floorplan, hardwood flooring, new windows, central air, washer/dryer, stainless steel kitchen with stone counters. Two full baths with tile and custom lighting. High ceilings, bright, 1st floor unit! Patio area! Easy to show! Pets welcome! Great unit, ask about move in special with approved credit!

Last Agent to Rent the Property

Wesley Earley

Coldwell Banker Realty License #01412888 Listed on: 03/18/2020

Coldwell Banker Realty

Last Renter's Agent

Wesley Earley

Coldwell Banker Realty License #01412888 Listed on: 03/18/2020

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,284

Year Built

  • Built in 1927

Lot Details

  • 6,273

Home Design

  • Bungalow

Interior Spaces

  • 1,459 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Living Room
  • Dining Area
  • Utility Room
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • Open Patio
  • Ground Level Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,200
  • Tenant pays for cable TV, electricity, gas
  • 12 Month Lease Term
  • Assessor Parcel Number 5050-001-022

Community Details

Overview

  • Low-Rise Condominium

Pet Policy

  • Pets Allowed
  • Pet Deposit $400

Condo Details

Home Type

Condominium

Est. Annual Taxes

$18,284

Year Built

Built in 1927

Lot Details

0

Rental Info

  • Cashiers Check: 1st Month Rent, Credit Report, Pet Deposit, Security Deposit
  • Credit Report Amount: 30.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Pet Deposit: 400.00
  • Security Deposit: 5200
  • Tenant Pays: Cable TV, Electricity, Gas

Listing Details

  • Property Type: Residential Lease
  • Style: California Bungalow
  • Single Family Or Apt: Condo/Apt
  • Levels: Ground Level
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1459
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Appliances: Gas, Microwave, Range
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Bathroom Features: Granite, Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 1.78

Exterior Features

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

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central

Association/Amenities

  • Pet Rules: Yes

Lot Info

  • Assessor Parcel Number: 5050-001-022
  • Geocode Override: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2022
Sold by
Pch Properties Inc
Bought by
Rosenkranz Rafael J and Rosenkranz Melanie
Current Estimated Value
$1,510,586

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,006,250
Outstanding Balance
$952,060
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$529,226

Purchase Details

Listed on
Feb 11, 2015
Closed on
Mar 26, 2015
Sold by
Eggleston Robert
Bought by
Eggleston Robert and Eggleston Pamela Rinehart
Seller's Agent
Amorette Arceneaux
Premier Real Estate Investments
Buyer's Agent
Amorette Arceneaux
Premier Real Estate Investments
List Price
$750,000
Sold Price
$740,000
Premium/Discount to List
-$10,000
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Oct 15, 2007
Sold by
Eggleston Robert
Bought by
Pamela Robert and Pamela Vionne Eggleston Fami

Purchase Details

Closed on
Jul 19, 2002
Sold by
Rinehart Vivian
Bought by
Eggleston Robert and Eggleston Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
6.87%

Purchase Details

Closed on
Nov 11, 1998
Sold by
Eggleston Robert
Bought by
Eggleston Robert and Eggleston Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,046
Interest Rate
6.86%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 16, 1998
Sold by
Rinehart Vivian
Bought by
Eggleston Robert and Eggleston Pamela

Purchase Details

Closed on
Nov 10, 1997
Sold by
Leno Holmes
Bought by
Rinehart Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,371
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1997
Sold by
Williams Pearl
Bought by
Rinehart Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,371
Interest Rate
7.31%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 1995
Sold by
Williams Pearl
Bought by
Holmes Leno and Williams Pearl
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rosenkranz Rafael J $1,437,500 Provident Title
Eggleston Robert $740,000 Provident Title Company
Eggleston Robert -- Provident Title Company
Pamela Robert -- None Available
Eggleston Robert -- Provident Title Company
Eggleston Robert -- Gateway Title
Eggleston Robert -- --
Rinehart Vivian $115,000 Old Republic Title
Rinehart Vivian $115,000 Old Republic Title
Holmes Leno -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosenkranz Rafael J $1,006,250
Previous Owner Pch Properties Inc $550,000
Previous Owner Pch Properties Inc $510,000
Previous Owner Eggleston Robert $750,000
Previous Owner Eggleston Robert $445,000
Previous Owner Eggleston Robert $387,000
Previous Owner Eggleston Robert $80,000
Previous Owner Eggleston Robert $312,800
Previous Owner Eggleston Robert $252,046
Previous Owner Rinehart Vivian $221,371
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2020 04/24/20 Rented $2,600 0.0% --
03/18/2020 03/18/20 For Rent $2,600 +4.0% --
04/01/2019 04/01/19 Rented $2,500 -7.2% --
03/18/2019 03/18/19 For Rent $2,695 0.0% --
04/01/2015 04/01/15 Sold $740,000 -1.3% $135 / Sq Ft
02/16/2015 02/16/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $750,000 -- $137 / 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 $18,284 $1,495,575 $1,040,400 $455,175
2024 $18,284 $1,466,250 $1,020,000 $446,250
2023 $17,938 $1,437,500 $1,000,000 $437,500
2022 $10,459 $838,063 $586,646 $251,417
2021 $10,303 $821,632 $575,144 $246,488
2019 $10,004 $797,264 $558,086 $239,178
2018 $9,885 $781,633 $547,144 $234,489
2016 $9,409 $751,284 $525,899 $225,385
2015 $4,097 $305,560 $146,136 $159,424
2014 $4,138 $299,576 $143,274 $156,302
Source: Public Records

Agents Affiliated with this Home

  • Wesley Earley

    Landlord's Agent in 2020

    Wesley Earley

    Coldwell Banker Realty

    (310) 922-6691

    33 Total Sales

    Wesley Earley
    Section Image

  • A

    Seller's Agent in 2015

    Amorette Arceneaux

    Premier Real Estate Investments

    (310) 591-6100

    1 Total Sale

    Amorette Arceneaux
    Section Image
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Map

Source: The MLS

MLS Number: 20-565072

The MLS

APN: 5050-001-014

California Los Angeles County Los Angeles 90016 West Adams

2620 Somerset Dr, Los Angeles, CA

This home is located at 2620 Somerset Dr, Los Angeles, CA 90016 since 18 March 2020 and is currently priced at $1,510,586. This property was built in 1927. 2620 Somerset Dr is a home located in Los Angeles County with nearby schools including Virginia Road Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey 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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