NOT LISTED FOR SALE

Estimated Value: $1,079,000 - $1,704,050

5 Beds
2 Baths
3,952 Sq Ft
$325/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $1,030,000 $261 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,109/month

45 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 2-minute walk to Loren Miller Recreation Center
  • 3 Car Garage

About This Home

As of February 2022

Sold for land value and delivered fully vacant. Centrally located, just a mile from USC campus and with easy access to Downtown, Koreatown, West Adams, and the West Side. The single family residence is quite large, with 3,016 square feet and 3 bedrooms and 1 bath per city records. The 2nd unit is a 2 bedroom 1 bath unit of 936 square feet, situated above a 3-car garage. The property is located on a corner, across the street from a beautiful park, the Loren Miller Recreation Center. Great potential to convert the property to student housing or owner-occupancy with additional rental income.

Last Agent to Sell the Property

Darin Spillman

Kidder Mathews of California, Inc. License #01366902 Listed on: 10/01/2021

Last Buyer's Agent

Unknown Agent

Data Migration

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,389

Year Built

  • Built in 1904

Lot Details

  • 7,486 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Corner Lot
  • Property is zoned LARD1.5

Parking

  • 3 Car Garage

Home Design

  • Major Repairs Completed

Interior Spaces

  • 3,952 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Utilities

  • Forced Air Heating System

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5053-020-023

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,389

Year Built

Built in 1904

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 3952
  • Lot Acreage: 0.1719
  • Lot Dimensions: 50 x 150
  • Probate: No
  • Property Condition: Repairs Major
  • Stories: 2
  • Year Built: 1904
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 253.04

Exterior Features

  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 3
  • Garage Structures: 1
  • Parking Garage: Garage Is Detached
  • Total Parking: 3

Utilities

  • Heating: Forced Air
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 60.75
  • Assessed Improvement Value: 43684
  • Assessed Land Percent: 39.25
  • Assessed Land Value: 28219
  • Total Assessed Value: 71903
  • Assessor Parcel Number: 5053-020-023
  • Lot Description: 2-4 Lots
  • Lot Location: Corner Lot
  • Lot Size Area: 7486

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.74
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 10170
  • Type Of Units: Apartment
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2023
Sold by
2657 Dalton Avenue Llc
Bought by
2657 Dalton Ave Llc
Current Estimated Value
$1,277,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,740,000
Outstanding Balance
$2,678,659
Interest Rate
6.67%
Mortgage Type
Construction
Estimated Equity
-$1,394,896

Purchase Details

Listed on
Oct 1, 2021
Closed on
Jan 27, 2022
Sold by
Betty Carter
Bought by
2657 Dalton Avenue Llc
Seller's Agent
Darin Spillman
Kidder Mathews of California, Inc.
Buyer's Agent
Unknown Agent
Data Migration
List Price
$1,000,000
Sold Price
$1,030,000
Premium/Discount to List
$30,000
3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.57%
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
2657 Dalton Ave Llc -- Stewart Title Of California In
2657 Dalton Avenue Llc $1,030,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2657 Dalton Ave Llc $2,740,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $1,030,000 +3.0% $261 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $1,000,000 -- $253 / 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 $13,389 $1,093,043 $657,948 $435,095
2024 $13,389 $1,071,612 $645,048 $426,564
2023 $13,138 $1,050,600 $632,400 $418,200
2022 $1,315 $74,099 $29,081 $45,018
2021 $1,272 $72,647 $28,511 $44,136
2020 $1,274 $71,903 $28,219 $43,684
2019 $1,241 $70,494 $27,666 $42,828
2018 $1,143 $69,113 $27,124 $41,989
2016 $1,049 $66,431 $26,072 $40,359
2015 $1,038 $65,434 $25,681 $39,753
2014 $1,056 $64,153 $25,178 $38,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-791284

The MLS

APN: 5053-020-023