NOT LISTED FOR SALE

2627 Halldale Ave Los Angeles, CA 90018

Adams-Normandie Neighborhood

Estimated Value: $2,149,000 - $2,152,015

8 Beds
7 Baths
5,195 Sq Ft
$414/Sq Ft Est. Value

Last Sold September 24, 2021

Last sale price $1,899,000 $366 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $13,748/month

82 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Side by Side Parking
  • Craftsman Architecture
  • Built-In Features
  • 2-minute walk to Loren Miller Recreation Center

About This Home

As of September 2021

Priced to sell!!! 2627 Halldale Avenue is a beautifully reimagined and fully stabilized 7 unit property located in the heart of the hot West Adams neighborhood of Los Angeles. The property consists of a triplex and adjoining fourplex with a total of six 1+1s and one 2+1. All units have been completely renovated and feature new stainless steel appliances, refinished hardwood flooring, and tons of early 20th century charm. Both structures on the property recently had new roofs installed and all units are individually metered for gas and electricity. The property is extremely well located, central to major employment, transportation, and points of interest alike. 2627 Halldale Ave is a mere 1.6 miles from the main University of Southern California campus, LA Memorial Coliseum, and the upcoming George Lucas Museum. Residents will enjoy a 2 minute walk to Loren Miller Recreation Center, a 2 minute drive to the nearest I-10 freeway on-ramp, and a 6 minute bike ride to the nearest light rail station at Exposition/Western. Additionally, the property sits just 4.3 miles from Downtown Los Angeles. This is an excellent opportunity to acquire an economic hedge and reliable cash flow.

Last Agent to Sell the Property

Nathan Richards

Nathan Richards License #01748598 Listed on: 04/29/2021

Co-Listed By

Jordan Peikin

Jordan Peikin License #02015987

Last Buyer's Agent

Micheal Geller

First Property Realty Corp. License #00800010

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,412

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 7,399 Sq Ft Lot
  • East Facing Home

Home Design

  • Craftsman Architecture
  • Cosmetic Repairs Needed
  • Major Repairs Completed

Interior Spaces

  • 5,195 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • City Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 7 Open Parking Spaces
  • 7 Parking Spaces
  • Side by Side Parking
  • Driveway
  • Assigned Parking

Utilities

  • Gravity Heating System
  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for water, gardener
  • Assessor Parcel Number 5053-027-021

Community Details

Overview

  • 2 Buildings
  • 7 Units

Additional Features

  • Laundry Facilities
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,412

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 5195
  • Lot Acreage: 0.1699
  • Price Per Unit: 271286.00
  • Probate: No
  • Property Condition: Updated/Remodeled, Repair Cosmetic, Repairs Major
  • Stories: 2
  • Year Built: 1959
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 8
  • Laundry: Community
  • Total Bathrooms: 7.00
  • Equipment: Built-Ins, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 365.54

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • Paved: Yes
  • View: City
  • View: Yes

Garage/Parking

  • Other Spaces: 7
  • Parking Garage: Assigned, Driveway, Side By Side, Uncovered
  • Total Parking: 7

Utilities

  • Heating: Wall Gas, Gravity
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector
  • Sewer: In Street
  • Water: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 21.95
  • Assessed Improvement Value: 234090
  • Assessed Land Percent: 78.05
  • Assessed Land Value: 832320
  • Total Assessed Value: 1066410
  • Assessor Parcel Number: 5053-027-021
  • Lot Size Area: 7399

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.34
  • Number Of Units: 7
  • Rent Control: 100
  • Total Annual Expense: 44987
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jul 26, 2021
Sold by
2627 S Halldale Ave Llc
Bought by
Alfi Properties Llc
Seller's Agent
Nathan Richards
Nathan Richards
Buyer's Agent
Micheal Geller
First Property Realty Corp.
List Price
$2,025,000
Sold Price
$1,899,000
Premium/Discount to List
-$126,000
-6.22%
Current Estimated Value
$2,149,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,877
Avg. Annual Appreciation
4.46%
Original Mortgage
$1,401,750
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 5, 2017
Sold by
Grissom Velma M
Bought by
2627 S Halldale Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$717,500
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 25, 2013
Sold by
Eggleston Naomi Elizabeth and Grissom Columbus
Bought by
Grissom Columbus and Grissom Velma M

Purchase Details

Closed on
Oct 14, 2010
Sold by
Grissom Columbus and Eggleston Naomi E
Bought by
Eggleston Naomi E and Grissom Velma M

Purchase Details

Closed on
Dec 12, 2002
Sold by
Eggleston Naomi E
Bought by
Eggleston Naomi E and Grissom Columbus

Purchase Details

Closed on
Jun 24, 1994
Sold by
Eggleston Deceased Lowell Joseph
Bought by
Eggleston Naomi E

Purchase Details

Closed on
Mar 19, 1988
Sold by
Eggleston Lowell Joseph and Eggleston Naomi E
Bought by
Eggleston Lowell Joseph and Eggleston Naomi E
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
Alfi Properties Llc $1,899,000 Ticor Title
2627 S Halldale Ave Llc $1,025,000 First American Title Company
Eggleston Naomi E -- --
Eggleston Lowell Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alfi Properties Llc $1,401,750
Previous Owner 2627 S Halldale Ave Llc $717,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2021 09/24/21 Sold $1,899,000 0.0% $366 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $1,899,000 -2.6% $366 / Sq Ft
06/16/2021 06/16/21 Price Changed $1,949,000 -2.3% $375 / Sq Ft
06/08/2021 06/08/21 Price Changed $1,995,000 -1.5% $384 / Sq Ft
05/15/2021 05/15/21 For Sale $2,025,000 0.0% $390 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
05/07/2021 05/07/21 Price Changed $2,025,000 -3.5% $390 / Sq Ft
04/29/2021 04/29/21 For Sale $2,099,000 -- $404 / 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 $24,412 $2,015,232 $1,378,508 $636,724
2024 $24,412 $1,975,719 $1,351,479 $624,240
2023 $23,945 $1,936,980 $1,324,980 $612,000
2022 $22,841 $1,899,000 $1,299,000 $600,000
2021 $13,328 $1,077,457 $840,942 $236,515
2019 $12,938 $1,045,500 $816,000 $229,500
2018 $12,844 $1,025,000 $800,000 $225,000
2016 $1,257 $62,908 $24,621 $38,287
2015 $1,246 $61,964 $24,252 $37,712
2014 $1,301 $60,751 $23,777 $36,974
Source: Public Records

Agents Affiliated with this Home

  • Nathan Richards

    Seller's Agent in 2021

    Nathan Richards

    Nathan Richards

    (310) 467-2585

    1 in this area

    14 Total Sales

    Section Image
  • Jordan Peikin

    Seller Co-Listing Agent in 2021

    Jordan Peikin

    Jordan Peikin

    (310) 467-5167

    1 in this area

    27 Total Sales

    Section Image
  • Micheal Geller

    Buyer's Agent in 2021

    Micheal Geller

    First Property Realty Corp.

    (310) 486-1976

    1 in this area

    4 Total Sales

    Section Image
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Map

Source: The MLS

MLS Number: 21-725702

The MLS

APN: 5053-027-021

California Los Angeles County Los Angeles 90018 Adams-Normandie

2627 Halldale Ave, Los Angeles, CA

This home is located at 2627 Halldale Ave, Los Angeles, CA 90018 since 29 April 2021 and is currently estimated at $2,150,508, approximately $413 per square foot. This property was built in 1959. 2627 Halldale Ave is a home located in Los Angeles County with nearby schools including Vermont Avenue Elementary School, Johnnie L. Cochran Jr. Middle School, and West Adams Preparatory 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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