NOT LISTED FOR SALE

Estimated Value: $1,807,000 - $2,515,000

2 Beds
1 Bath
1,157 Sq Ft
$1,989/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $751,000 $649 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $14,841/month

36 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Laundry Room
  • Spanish Architecture
  • Living Room
  • Dining Room

About This Home

As of January 2021

For the first time in four decades, this familial Spanish style property is nestled in the up-and-developing West Adams District. Located near Expo Line, Culver City, Park to Playa Trail. Head to L.A. Live or Santa Monica Beach, and live in a bustling community that offers Work+Live+Play. Features 2 bedroom, 1 bathroom, formal living room, dining room, and laundry area. This real estate gem is available for modern upgrades, chic tastes, custom finishes ideal for any visionary. The driveway leads to a private backyard and detached garage, create the perfect outdoor living, on a large lot with square footage that allows for an extended floor plan, ADU/Income Property, providing income potential relative to student housing just a train ride to and from USC.

Last Agent to Sell the Property

Lisa Puerto

Devenio Estates License #01736957 Listed on: 11/19/2020

Last Buyer's Agent

Lisa Puerto

Devenio Estates License #01736957 Listed on: 11/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,947

Year Built

  • Built in 1932

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40x125
  • Back Yard
  • Value in Land
  • Property is zoned LAR1

Home Design

  • Spanish Architecture

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Carpet
  • Oven or Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Garage
  • Driveway

Additional Features

  • Property is near public transit
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5048-026-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,947

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Advertising Remarks: For the first time in two decades, this familial Spanish style property is nestled in the up-and-developing West Adams District. Located near Expo Line, Culver City, Park to Playa Trail. Head to L.A. Live or Santa Monica Beach, and enjoy a bustling community that offers Work+Live+Play. Features 2 bedroom, 1 bathroom, formal living room, dining room, and laundry area. This real estate gem is available for modern upgrades, chic tastes, custom finishes ideal for any visionary. The driveway leads to a private backyard and detached garage, create the perfect outdoor living, on a large lot with square footage that allows for an extended floor plan, ADU/Income Property, providing income potential relative to student housing just a train ride to and from USC. Schedule an appointment to view.
  • Living Area: 1157
  • Lot Acreage: 0.1148
  • Lot Dimensions: 40x125
  • Stories: 1
  • Year Built: 1932
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven
  • Price Per S Q F T: 586.69

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage, Driveway - Concrete
  • Total Parking: 2

Utilities

  • Sewer: In Street Paid
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5048-026-027
  • Lot Description: Back Yard, Value In Land
  • Lot Location: Near Public Transit
  • Lot Size Area: 5000

Rental Info

  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2023
Sold by
Shin Cristina and Shin Yong Sin
Bought by
Shin Cristina and Isles David
Current Estimated Value
$2,300,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,732,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2023
Sold by
Allprace Homes Llc
Bought by
Shin Cristina and Shin Yong Sin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,732,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 19, 2020
Closed on
Dec 16, 2020
Sold by
Mitchell Dara Quenten
Bought by
Allprace Homes Llc
Seller's Agent
Lisa Puerto
Devenio Estates
Buyer's Agent
Lisa Puerto
Devenio Estates
List Price
$678,800
Sold Price
$751,000
Premium/Discount to List
$72,200
10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.69%
Original Mortgage
$901,000
Interest Rate
2.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2018
Sold by
Mitchell Lela
Bought by
Mitchell Lela and Mitchell Dara Q

Purchase Details

Closed on
Dec 18, 2017
Sold by
Mitchell Lela
Bought by
Mithell Lela and Mitchell Dara Q

Purchase Details

Closed on
Mar 2, 2004
Sold by
Mitchell Gary
Bought by
Mitchell Lela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
5.32%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 27, 2001
Sold by
White Charles A
Bought by
Mitchell Lela and Mitchell Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
7.24%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 12, 2000
Sold by
White Charles A
Bought by
White Charles A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
8.37%
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
Shin Cristina -- --
Shin Cristina -- Lawyers Title
Shin Cristina $2,310,000 Lawyers Title
Allprace Homes Llc $751,000 Stewart Title Company
Mitchell Lela -- None Available
Mithell Lela -- None Available
Mitchell Lela -- Investors Title Company
Mitchell Lela $150,000 Benefit Land Title
White Charles A -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shin Cristina $1,732,000
Previous Owner Allprace Homes Llc $1,176,574
Previous Owner Allprace Homes Llc $901,000
Previous Owner Mitchell Dara Q $480,000
Previous Owner Mitchell Lela $795,000
Previous Owner Mitchell Lela $265,000
Previous Owner Mitchell Lela $236,000
Previous Owner Mitchell Lela $189,000
Previous Owner Mitchell Gary $162,000
Previous Owner Mitchell Gary $181,250
Previous Owner Mitchell Lela $148,500
Previous Owner White Charles A $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $751,000 +10.6% $649 / Sq Ft
12/11/2020 12/11/20 Pending -- -- --
12/11/2020 12/11/20 For Sale $678,800 -9.6% $587 / Sq Ft
12/02/2020 12/02/20 Pending -- -- --
11/28/2020 11/28/20 Off Market $751,000 -- --
11/05/2020 11/05/20 For Sale $678,800 -- $587 / 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 $27,947 $2,393,100 $1,518,100 $875,000
2024 $27,947 $2,310,000 $1,310,000 $1,000,000
2023 $9,609 $781,340 $625,072 $156,268
2022 $9,165 $766,020 $612,816 $153,204
2021 $3,275 $266,531 $196,811 $69,720
2020 $3,305 $263,799 $194,793 $69,006
2019 $3,178 $258,627 $190,974 $67,653
2018 $3,131 $253,557 $187,230 $66,327
2017 $3,064 $248,586 $183,559 $65,027
2016 $2,986 $243,712 $179,960 $63,752
2015 $2,943 $240,052 $177,257 $62,795
2014 $2,960 $235,350 $173,785 $61,565
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-662186

The MLS

APN: 5048-026-027