NOT LISTED FOR SALE

2677 Merced St Los Angeles, CA 90065

Cypress Park Neighborhood

Estimated Value: $846,000 - $1,079,000

3 Beds
2 Baths
1,016 Sq Ft
$927/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $696,000 $685 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,665/month

12 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Walk-In Closet
  • Lincoln High School Rated A-
  • Covered Patio or Porch
  • 3-minute walk to Cypress Park

About This Home

As of September 2019

Location Location Location Absolutely charming home in the heart of Cypress Park, one of LA's hottest neighborhoods. Tucked between Glassell Park and Mt Washington, adjacent to HOT Frogtown, convenient to Highland Park, and close proximity to downtown. This beautifully renovated bungalow built in 1905 delivers 3bdrms/2baths with newer plumbing and electrical including a tankless hot water heater. Open concept floor plan, professionally landscaped drought tolerant succulent garden, plus a gorgeous back patio covered with a modern pergola, perfect for outdoor entertaining. Loads of sunlight, a master suite with a huge walk-in closet, redone kitchen with granite countertops and stainless-steel appliances. Also included is a large oversized two car garage with attached storage shed, big enough to be finished as an office or artist's studio. Buyer to do their own due diligence on condition, permits and overall square footage. Offers due Fri 8/9 at 5:00PM.

Last Agent to Sell the Property

Todd Henricks

Compass License #01977512 Listed on: 08/01/2019

Compass

Last Buyer's Agent

E. Rosemery Portillo

Coldwell Banker Realty License #01945321

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1905

Lot Details

  • 4,004 Sq Ft Lot
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • Driveway
  • Gated Parking

Home Design

  • Bungalow

Interior Spaces

  • 1,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Living Room
  • Dining Area
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5453-007-006

Home Details

Home Type

Single Family

Year Built

Built in 1905

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Advertising Remarks: Location Location Location Absolutely charming home in the heart of Cypress Park, one of LA's hottest neighborhoods. Tucked between Glassell Park and Mt Washington, adjacent to HOT Frogtown, convenient to Highland Park, and close proximity to downtown. This beautifully renovated bungalow built in 1905 delivers 3bdrms/2baths with newer plumbing and electrical including a tankless hot water heater. Open concept floor plan, professionally landscaped drought tolerant succulent garden, plus a gorgeous back patio covered with a modern pergola, perfect for outdoor entertaining. Loads of sunlight, a master suite with a huge walk-in closet, redone kitchen with granite countertops and stainless-steel appliances. Also included is a large oversized two car garage with attached storage shed, big enough to be finished as an office or artist's studio. Buyer to do their own due diligence on condition, permits and overall square footage. Offers due Fri 8/9 at 5:00PM.
  • Living Area: 1016
  • Stories: 1
  • Year Built: 1905
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 664.37

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Awning, Covered, Porch - Front
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Garage: Driveway, Garage - 2 Car, Gated
  • Total Parking: 4

Utilities

  • Cooling: Window Unit(s)
  • Heating: Wall

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5453-007-006
  • Geocode Override: No
  • Lot Size Area: 4004

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Aug 15, 2019
Sold by
Picard Dane and Buckley Annie
Bought by
Chio Jenny T and Alexander John R
Seller's Agent
Todd Henricks
Compass
Buyer's Agent
E. Rosemery Portillo
Coldwell Banker Realty
List Price
$675,000
Sold Price
$696,000
Premium/Discount to List
$21,000
3.11%
Current Estimated Value
$942,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,327
Avg. Annual Appreciation
4.87%
Original Mortgage
$526,330
Outstanding Balance
$460,968
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$481,359

Purchase Details

Listed on
May 9, 2017
Closed on
May 12, 2017
Sold by
Richkards Joshua R
Bought by
Picard Dane and Buckley Annie
Seller's Agent
Ron R Reyes
Palisades Realty
Buyer's Agent
Ron R Reyes
Palisades Realty
List Price
$549,000
Sold Price
$529,000
Premium/Discount to List
-$20,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.28%
Original Mortgage
$423,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2016
Sold by
Rickards Joshua S
Bought by
Rickards Joshua and Cahng Rickards Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jan 15, 2013
Sold by
Cahng Samantha T
Bought by
Cahng Jason
Seller's Agent
Gil Guzman
J&A Real Estate & Investments
Buyer's Agent
Courtney Poulos
ACME Real Estate
List Price
$318,500
Sold Price
$325,000
Premium/Discount to List
$6,500
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$301,180
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 29, 2012
Closed on
Jan 9, 2013
Sold by
Cahng Rickards Helen J
Bought by
Rickards Joshua S
Seller's Agent
Gil Guzman
J&A Real Estate & Investments
Buyer's Agent
Courtney Poulos
ACME Real Estate
List Price
$318,500
Sold Price
$325,000
Premium/Discount to List
$6,500
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,180
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 29, 2012
Closed on
Dec 31, 2012
Sold by
Arch Bay Holdings Llc Series 2010B
Bought by
Rickards Joshua S and Cahng Jason
Seller's Agent
Gil Guzman
J&A Real Estate & Investments
Buyer's Agent
Courtney Poulos
ACME Real Estate
List Price
$318,500
Sold Price
$325,000
Premium/Discount to List
$6,500
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,180
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 8, 2011
Sold by
Padron Pascual
Bought by
Arch Bay Holdings Llc Series 2010B

Purchase Details

Closed on
Dec 7, 2011
Sold by
Padron Pascual
Bought by
Padron Pascual

Purchase Details

Closed on
Sep 7, 2011
Sold by
Padron Pascual
Bought by
Arch Bay Holdings Llc

Purchase Details

Closed on
May 12, 2011
Sold by
Padron Pascual
Bought by
Padron Pascual and Padron Vicente

Purchase Details

Closed on
Nov 11, 2002
Sold by
Padron Jorge
Bought by
Padron Pascual

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,400
Interest Rate
5.96%

Purchase Details

Closed on
Jun 10, 1999
Sold by
Garcia Jorge P
Bought by
Padron Jorge and Padron Pascual

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,896
Interest Rate
7.01%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chio Jenny T $696,000 California Title Company
Picard Dane $529,000 Fidelity National Title Co
Rickards Joshua -- Fidelity Sherman Oaks
Cahng Jason -- Old Republic Title Company
Rickards Joshua S -- Old Republic Tite Company
Rickards Joshua S $325,000 Old Republic Title Company
Arch Bay Holdings Llc Series 2010B $172,000 Accommodation
Padron Pascual -- None Available
Arch Bay Holdings Llc $172,000 Accommodation
Padron Pascual -- None Available
Padron Pascual -- First American Title Co
Padron Jorge $135,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chio Jenny T $526,330
Previous Owner Picard Dane $423,000
Previous Owner Rickards Joshua $300,000
Previous Owner Rickards Joshua S $301,180
Previous Owner Padron Pascual $142,400
Previous Owner Padron Jorge $133,896
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2019 09/12/19 Sold $696,000 +3.1% $685 / Sq Ft
08/01/2019 08/01/19 For Sale $675,000 +27.6% $664 / Sq Ft
06/30/2017 06/30/17 Sold $529,000 -3.6% $521 / Sq Ft View Prior Sale
05/09/2017 05/09/17 For Sale $549,000 +68.9% $540 / Sq Ft
01/18/2013 01/18/13 Sold $325,000 +2.0% $320 / Sq Ft View Prior Sale
11/29/2012 11/29/12 For Sale $318,500 -- $313 / Sq Ft
Source: The MLS

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 $9,147 $761,173 $608,940 $152,233
2024 $9,147 $746,249 $597,000 $149,249
2023 $8,967 $731,618 $585,295 $146,323
2022 $8,546 $717,273 $573,819 $143,454
2021 $8,440 $703,210 $562,568 $140,642
2019 $6,634 $550,371 $440,297 $110,074
2018 $6,539 $539,580 $431,664 $107,916
2016 $4,094 $338,073 $249,655 $88,418
2015 $4,033 $332,995 $245,905 $87,090
2014 $4,050 $326,474 $241,089 $85,385
Source: Public Records

Agents Affiliated with this Home

  • Todd Henricks

    Seller's Agent in 2019

    Todd Henricks

    Compass

    (310) 913-3470

    48 Total Sales

    Todd Henricks
    Section Image

  • E

    Buyer's Agent in 2019

    E. Rosemery Portillo

    Coldwell Banker Realty

    (323) 747-4213

    45 Total Sales

    E. Rosemery Portillo
    Section Image

  • R

    Seller's Agent in 2017

    Ron R Reyes

    Palisades Realty

  • G

    Seller's Agent in 2013

    Gil Guzman

    J&A Real Estate & Investments

    (626) 826-5971

    32 Total Sales

    Gil Guzman
    Section Image
  • Courtney Poulos

    Buyer's Agent in 2013

    Courtney Poulos

    ACME Real Estate

    (323) 919-0375

    1 in this area

    213 Total Sales

    Courtney Poulos
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 19-492452

The MLS

APN: 5453-007-006

California Los Angeles County Los Angeles 90065 Cypress Park

2677 Merced St, Los Angeles, CA

Not Listed for Sale

Detached

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