NOT LISTED FOR SALE

2667 Cimarron St Los Angeles, CA 90018

Jefferson Park Neighborhood

Estimated Value: $947,000 - $1,205,329

6 Beds
2 Baths
1,768 Sq Ft
$600/Sq Ft Est. Value

Last Sold March 02, 2023

Last sale price $888,000 $502 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,554/month

92 Days on Market

Highlights

  • City View
  • Bungalow
  • Wood Siding
  • Side by Side Parking
  • East Facing Home
  • 1-Story Property

About This Home

As of March 2023

PRICE REDUCTION! Beautiful cash flowing duplex just off of Adams Blvd, and close to the heart of the trendy West Adams neighborhood of Los Angeles. This completely renovated duplex consists of two 3 bed/1 bath units and includes a new roof, brand new kitchens, bathrooms, flooring, and appliances. Each unit has a one car garage and private backyard space. Opportunity to convert garages to into an ADU for added income. Quality rents generated from property with additional upside of nearly 30%. All tenants are current on rent. Property recently passed its city SCEP inspection. Hedge against inflation...live in one and rent out the other or add this low maintenance asset to your portfolio for passive cash flow!

Last Agent to Sell the Property

Chris Creed

Clement Partners Real Estate License #01880695 Listed on: 09/26/2022

Co-Listed By

Jordan Peikin

Jordan Peikin License #02015987

Last Buyer's Agent

Ricky Brown

Nourmand & Associates-BH License #02123144

Nourmand & Associates-BH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,181

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 3,874 Sq Ft Lot
  • East Facing Home

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Side by Side Parking
  • Driveway

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,768 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • City Views

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Location

  • City Lot

Utilities

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

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5052-017-030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,181

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 1768
  • Lot Acreage: 0.0889
  • Probate: No
  • Property Condition: Repair Cosmetic, Repairs Major, Updated/Remodeled
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 6
  • Total Bathrooms: 2.00
  • Equipment: Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 508.48

Exterior Features

  • Direction Faces: East
  • Construction: Frame, Stucco, Wood Siding
  • Other Structures: None
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 2 Car, Side By Side, Driveway - Concrete
  • Total Parking: 4

Utilities

  • Heating: Wall Gas
  • Sewer: In Street
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 39.78
  • Assessed Improvement Value: 198356
  • Assessed Land Percent: 60.22
  • Assessed Land Value: 300216
  • Total Assessed Value: 498572
  • Assessor Parcel Number: 5052-017-030
  • Lot Location: City
  • Lot Size Area: 3874

Rental Info

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

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 14162
  • Type Of Units: Apartments
  • Vacancy Allow Percent: 3.00
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2022
Closed on
Jan 17, 2023
Sold by
Zenner Jason Philip
Bought by
Zenner Lauren
Seller's Agent
Chris Creed
Clement Partners Real Estate
Buyer's Agent
Ricky Brown
Nourmand & Associates-BH
List Price
$950,000
Sold Price
$888,000
Premium/Discount to List
-$62,000
-6.53%
Views
21
Current Estimated Value
$1,060,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,332
Avg. Annual Appreciation
7.09%

Purchase Details

Listed on
Dec 29, 2015
Closed on
Aug 17, 2016
Sold by
Smith Jacquelyn S
Bought by
Wald Lauren
Seller's Agent
Edison Echeverry
Keller Williams Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$490,000
Sold Price
$465,000
Premium/Discount to List
-$25,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.52%
Original Mortgage
$279,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 9, 2003
Sold by
Morales Martha
Bought by
Smith Jacquelyn S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2003
Sold by
Beltran Rosa I
Bought by
Morales Martha

Purchase Details

Closed on
Aug 13, 2002
Sold by
Smith Juliet M
Bought by
Beltran Rosa I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
8.12%

Purchase Details

Closed on
Nov 2, 2000
Sold by
Smith Wilfred A
Bought by
Smith Juliet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,177
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 2000
Sold by
Khan Azam
Bought by
Smith Juliet M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,177
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 7, 1999
Sold by
World Svgs Bank
Bought by
Khan Azam and Youssefzadeh Atabak

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 24, 1999
Sold by
Edwards William
Bought by
World Svgs Bank
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
Zenner Lauren -- Provident Title Company
Wald Lauren $465,000 First American Title Company
Smith Jacquelyn S $350,000 Fatcola
Morales Martha -- --
Beltran Rosa I $195,000 Fidelity Title
Smith Juliet M -- Southland Title
Smith Juliet M $133,500 Southland Title Corporation
Youssefzadeh Atabak -- Southland Title
Khan Azam $110,000 Southland Title
Khan Azam -- Southland Title
World Svgs Bank $101,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wald Lauren $279,000
Previous Owner Smith Jacquelyn S $280,000
Previous Owner Beltran Rosa I $185,250
Previous Owner Smith Juliet M $145,177
Previous Owner Khan Azam $88,000
Closed Smith Jacquelyn S $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2023 03/02/23 Sold $888,000 -1.2% $502 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
12/14/2022 12/14/22 Price Changed $899,000 -4.3% $508 / Sq Ft
12/06/2022 12/06/22 Price Changed $939,500 -0.1% $531 / Sq Ft
11/02/2022 11/02/22 Price Changed $940,000 -1.1% $532 / Sq Ft
09/26/2022 09/26/22 For Sale $950,000 +104.3% $537 / Sq Ft
09/13/2016 09/13/16 Sold $465,000 -5.1% $263 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
12/29/2015 12/29/15 For Sale $490,000 -- $277 / 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 $11,181 $923,875 $648,169 $275,706
2024 $11,181 $905,760 $635,460 $270,300
2023 $6,540 $518,713 $312,344 $206,369
2022 $6,244 $508,543 $306,220 $202,323
2021 $6,160 $498,572 $300,216 $198,356
2019 $5,980 $483,786 $291,312 $192,474
2018 $5,897 $474,300 $285,600 $188,700
2016 $5,208 $420,358 $300,258 $120,100
2015 $5,134 $414,044 $295,748 $118,296
2014 $5,162 $405,934 $289,955 $115,979
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Chris Creed

    Clement Partners Real Estate

    Section Image
  • Jordan Peikin

    Seller Co-Listing Agent in 2023

    Jordan Peikin

    Jordan Peikin

    (310) 467-5167

    4 in this area

    28 Total Sales

    Jordan Peikin
    Section Image

  • R

    Buyer's Agent in 2023

    Ricky Brown

    Nourmand & Associates-BH

    (310) 274-4000

    1 in this area

    3 Total Sales

    Ricky Brown
    Section Image

  • E

    Seller's Agent in 2016

    Edison Echeverry

    Keller Williams Realty

    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,926 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: The MLS

MLS Number: 22-203129

The MLS

APN: 5052-017-030

California Los Angeles County Los Angeles 90018 Jefferson Park

2667 Cimarron St, Los Angeles, CA

This home is located at 2667 Cimarron St, Los Angeles, CA 90018 since 26 September 2022 and is currently estimated at $1,060,332, approximately $599 per square foot. This property was built in 1923. 2667 Cimarron St is a home located in Los Angeles County with nearby schools including Twenty-Fourth Street Elementary School, Birdielee V. Bright Elementary School, and Johnnie L. Cochran Jr. Middle 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.
Information is deemed reliable but not guaranteed.

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