NOT LISTED FOR SALE

Estimated Value: $1,091,000 - $1,635,509

7 Beds
5 Baths
3,003 Sq Ft
$415/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,077,500 $359 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $8,015/month

82 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Tile Flooring
  • Abraham Lincoln High School Rated A
  • Laundry Room
  • Central Air

About This Home

As of July 2023

Get ready to fall head over heels for this incredible property – not one, but TWO stunning homes on a single lot just steps away from the breathtaking Rio de Los Angeles State Park! This is the deal you've been waiting for – rare the area property which can beat the amazing value per square foot that this one offers. But it's not just the unbeatable price that makes this property a steal – it's the incredible features that it boasts. The current occupant parks six vehicles in the front, that's just the beginning. The real gem is the private green oasis that leads to the stunning BACK HOUSE (occupants leaving), complete with central air, beautiful wooden kitchen cabinets, and a one-of-a-kind intricate staircase. With tiled floors in the back and stylish wood laminate in the front, this house is a showstopper. And with a den currently used as a fourth bedroom, and a family room that can be converted to a fifth(easily converted back), potential is limitless. Plus, back house comes with its own front/back patios, making it perfect for indoor-outdoor living. That's not all – FRONT HOUSE is equally impressive (occupants to remain after sale), with a completely upgraded kitchen and bathroom that are less than a year old. And with a tenant already in place and a roof that's only four years old, this three-bedroom, two-bathroom home is an investment opportunity that you can't afford to miss.
Located in the highly sought-after Cypress Park/Glassell Park area, this property is just minutes away from all the hottest spots in town, including DTLA, Pasadena, Old Town, South Pas, and Silverlake/Echo Park Hollywood.
If you're feeling creative, there's room to add your personal touch, and the front garden/patio areas are just begging to be reimagined. Don't miss out on this once-in-a-lifetime opportunity – Listing has supplements regarding City of LA housing bulletin for owner occupants possible relocation for new owners.

Last Agent to Sell the Property

Jose Leiva

Century 21 Allstars License #01219706 Listed on: 04/18/2023

Century 21 Allstars

Last Buyer's Agent

Jose Leiva

Century 21 Allstars License #01219706 Listed on: 04/18/2023

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,388

Year Built

  • Built in 1913

Lot Details

  • 6,360 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex
  • Contemporary Architecture

Interior Spaces

  • 3,003 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Tile Flooring

Kitchen

  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Urban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 3
  • Assessor Parcel Number 5453003019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $135
  • Trash Expense $50
  • Water Sewer Expense $300
  • Operating Expense $485
  • Gross Income $6,560
  • Net Operating Income $5,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,388

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Assessments: No
  • Price Per Unit: 538750
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 300.00
  • Zoning: LARD3
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5453003019
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 358.81
  • Room Type: Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No
  • Spa: No

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Trash Compactor
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 50.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6360.00
  • Lot Size Acres: 0.1460

Multi Family

  • Gross Income: 6560.00
  • Gross Scheduled Income: 6560.00
  • Insurance Expense: 135.00
  • Lot Size Area: 6360.0000 Square Feet
  • Net Operating Income: 5700.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 860.00
  • Rent Control: Yes
  • Total Expenses: 485.00

Tax Info

  • Tax Census Tract: 1853.20
  • Tax Lot: 20
  • Tax Tract Number: 003

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 2, 2023
Sold by
Bruno Antonio
Bought by
Francisco Almanza And Felix Almanza Living Tr and Almanza
Seller's Agent
Jose Leiva
Century 21 Allstars
Buyer's Agent
Jose Leiva
Century 21 Allstars
List Price
$1,077,500
Sold Price
$1,077,500
Views
406
Current Estimated Value
$1,245,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,127
Avg. Annual Appreciation
8.46%
Original Mortgage
$270,000
Interest Rate
6.71%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 15, 2004
Sold by
Bruno Norma and Umana Norma
Bought by
Bruno Antonio and Bruno Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1994
Sold by
Umana Norma
Bought by
Umana Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
4.37%
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
Francisco Almanza And Felix Almanza Living Tr $1,077,500 Wfg National Title
Bruno Antonio -- Fidelity National Title Co
Umana Norma -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francisco Almanza And Felix Almanza Living Tr $270,000
Previous Owner Bruno Antonio $110,358
Previous Owner Bruno Antonio $374,332
Previous Owner Bruno Antonio $365,895
Previous Owner Bruno Antonio $305,000
Previous Owner Bruno Antonio $242,000
Previous Owner Bruno Antonio $200,000
Previous Owner Umana Norma $178,000
Previous Owner Umana Norma $161,250
Previous Owner Umana Norma $122,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,077,500 0.0% $359 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
05/26/2023 05/26/23 For Sale $1,077,500 0.0% $359 / Sq Ft
05/25/2023 05/25/23 Off Market $1,077,500 -- --
05/17/2023 05/17/23 Price Changed $1,077,500 -2.0% $359 / Sq Ft
04/18/2023 04/18/23 For Sale $1,099,900 0.0% $366 / Sq Ft
04/09/2017 04/09/17 Rented $3,070 +2.5% --
03/27/2017 03/27/17 For Rent $2,995 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $13,388 $1,077,500 $857,500 $220,000
2023 $2,964 $215,776 $36,963 $178,813
2022 $2,832 $211,546 $36,239 $175,307
2021 $2,778 $207,399 $35,529 $171,870
2020 $2,797 $205,273 $35,165 $170,108
2019 $2,697 $201,249 $34,476 $166,773
2018 $2,594 $197,303 $33,800 $163,503
2016 $2,444 $189,644 $32,489 $157,155
2015 $2,410 $186,796 $32,001 $154,795
2014 $2,428 $183,138 $31,375 $151,763
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23064514

California Regional Multiple Listing Service (CRMLS)

APN: 5453-003-019