NOT LISTED FOR SALE

2676 Merced St Los Angeles, CA 90065

Cypress Park Neighborhood

Estimated Value: $919,000 - $1,081,517

5 Beds
3 Baths
1,800 Sq Ft
$564/Sq Ft Est. Value

Last Sold September 15, 2015

Last sale price $535,000 $297 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,018/month

13 Days on Market

Highlights

  • Living Room with Fireplace
  • Floor Furnace
  • 3-minute walk to Cypress Park
  • Abraham Lincoln High School Rated A

About This Home

As of September 2015

The investment or owner/user property you have been waiting for! A little paint and cleanup and this is a moneymaker. 3+2 front house and 2+1 GH and garage converted to music studio, minutes from downtown, Pasadena and very centrally located. Both units are vacant and rents are realistically projected. Expenses estimated. Square footage estimated conservatively. Public records say 666 sq ft, must be back house. This is a cash flow no-brainer. Bring your buyers who want the best returns.

Last Agent to Sell the Property

Joe LaCroix

Keller Williams Beverly Hills License #01248586 Listed on: 08/03/2015

Keller Williams Beverly Hills

Last Buyer's Agent

Christy Lindgren

Keller Williams Larchmont License #01963461

Keller Williams Larchmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1921

Lot Details

  • 4,001

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Driveway

Additional Features

  • 4,001 Sq Ft Lot
  • Floor Furnace

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5453-009-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,800

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1800
  • Stories: 2
  • Year Built: 1921
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 5
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dryer, Refrigerator, Washer
  • Price Per S Q F T: 305.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Heating: Floor Furnace

Lot Info

  • Assessed Improvement Value: 121779
  • Assessed Land Value: 382741
  • Assessor Parcel Number: 5453-009-018
  • Geocode Override: No
  • Lot Size Area: 4001

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 11.16
  • Number Of Units: 2
  • Total Annual Expense: 6000
  • Type Of Units: Res Income
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2015
Closed on
Aug 27, 2015
Sold by
Carte Steven Scott
Bought by
Kaplan Scott and Flanders Emma
Seller's Agent
Joe LaCroix
Keller Williams Beverly Hills
Buyer's Agent
Christy Lindgren
Keller Williams Larchmont
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%
Current Estimated Value
$1,015,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,629
Avg. Annual Appreciation
6.55%
Original Mortgage
$401,250
Outstanding Balance
$315,156
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$700,473

Purchase Details

Closed on
Mar 12, 2004
Sold by
Silva Aurora V
Bought by
Carte Steven Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Kaplan Scott $535,000 Lawyers Title
Carte Steven Scott $435,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaplan Scott $401,250
Previous Owner Carte Steven Scott $348,000
Closed Carte Steven Scott $43,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2015 09/15/15 Sold $535,000 -2.6% $297 / Sq Ft
08/16/2015 08/16/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $549,000 -- $305 / 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 $7,800 $633,326 $449,840 $183,486
2024 $7,800 $620,909 $441,020 $179,889
2023 $7,650 $608,735 $432,373 $176,362
2022 $7,294 $596,800 $423,896 $172,904
2021 $7,198 $585,099 $415,585 $169,514
2020 $7,267 $579,100 $411,324 $167,776
2019 $6,983 $567,746 $403,259 $164,487
2018 $6,911 $556,614 $395,352 $161,262
2016 $6,595 $535,000 $380,000 $155,000
2015 $6,352 $514,600 $390,388 $124,212
2014 $6,381 $504,520 $382,741 $121,779
Source: Public Records

Agents Affiliated with this Home

  • Joe LaCroix

    Seller's Agent in 2015

    Joe LaCroix

    Keller Williams Beverly Hills

    (310) 699-7804

    17 Total Sales

    Joe LaCroix
    Section Image

  • C

    Buyer's Agent in 2015

    Christy Lindgren

    Keller Williams Larchmont

    Section Image
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Map

Source: The MLS

MLS Number: 15-928887

The MLS

APN: 5453-009-018

California Los Angeles County Los Angeles 90065 Cypress Park

2676 Merced St, Los Angeles, CA

This home is located at 2676 Merced St, Los Angeles, CA 90065 since 03 August 2015 and is currently estimated at $1,015,629, approximately $564 per square foot. This property was built in 1921. 2676 Merced St is a home located in Los Angeles County with nearby schools including Aragon Avenue Elementary, Florence Nightingale Middle, and Benjamin Franklin 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.
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