NOT LISTED FOR SALE

2731 Darwin Ave Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $826,000 - $1,522,000

2 Beds
1 Bath
768 Sq Ft
$1,474/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $502,100 $654 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $7,228/month

218 Days on Market

Highlights

  • Corner Lot
  • Abraham Lincoln High School Rated A
  • No HOA

About This Home

As of November 2019

Development potential - USC planned BioTech Development is very close. The property is the Darwin corner land area with the house facing Sichel.
The Units are gone (long ago burned down). SFR remains. Zoning may be LARD2-1. New Opportunity Zone, Very close to USC Medical Campus, Check with the City of LA planning for possibilities, Near Downtown LA, Transportation, & Light Rail nearby. House is a Fixer. This is a probate with court confirmation of sale. Property is AS-IS condition. Seller will only for 9A/DWP and state Nothing done; Buyer to assume Seller's Retrofit requirements.
Court confirmation is 10/05/2019, 8:30 am, Stanley Mosk Court, Dept. 79, latest price is minimum overbid sale amount.
Sold As/Is. No contingencies, Buyer to assume retrofit if any.

Last Agent to Sell the Property

Michelle Lowe

MICHELLE LOWE REAL ESTATE Listed on: 01/28/2019

Last Buyer's Agent

Fred Ehrlich

Encore Luxury Homes License #00882824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,610

Year Built

  • Built in 1909

Lot Details

  • 6,033 Sq Ft Lot
  • Corner Lot
  • Property is zoned LARD2

Home Design

  • 768 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Urban Location
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 5210010022

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,610

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LARD2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5210010022
  • Year Built: 1909
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 768.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 653.78
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Unknown

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6033.00
  • Lot Size Acres: 0.1385

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6033.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Census Tract: 1998.00
  • Tax Lot: 4
  • Tax Tract Number: HOMEST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2019
Closed on
Oct 30, 2019
Sold by
Estate Of Manuel Ayala Ii
Bought by
Pm Developments Llc
Seller's Agent
Michelle Lowe
MICHELLE LOWE REAL ESTATE
Buyer's Agent
Fred Ehrlich
Encore Luxury Homes
List Price
$479,000
Sold Price
$502,100
Premium/Discount to List
$23,100
4.82%
Current Estimated Value
$1,132,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$630,233
Avg. Annual Appreciation
14.62%
Original Mortgage
$402,000
Outstanding Balance
$354,008
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$778,325
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
Pm Developments Llc $502,500 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pm Developments Llc $402,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $502,100 -4.9% $654 / Sq Ft
09/08/2019 09/08/19 Price Changed $527,705 +5.8% $687 / Sq Ft
09/03/2019 09/03/19 Pending -- -- --
07/25/2019 07/25/19 Price Changed $499,000 +4.2% $650 / Sq Ft
04/14/2019 04/14/19 For Sale $479,000 -4.6% $624 / Sq Ft
04/12/2019 04/12/19 Off Market $502,100 -- --
01/28/2019 01/28/19 For Sale $479,000 -- $624 / Sq Ft
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
2025 $15,610 $1,277,105 $549,117 $727,988
2024 $15,610 $1,252,064 $538,350 $713,714
2023 $15,312 $1,227,515 $527,795 $699,720
2022 $7,530 $628,627 $517,447 $111,180
2021 $7,416 $616,301 $507,301 $109,000
2019 $632 $32,007 $23,926 $8,081
2018 $606 $31,380 $23,457 $7,923
2016 $575 $30,164 $22,548 $7,616
2015 $570 $29,712 $22,210 $7,502
2014 $593 $29,131 $21,775 $7,356
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michelle Lowe

    MICHELLE LOWE REAL ESTATE

    (909) 630-3335

    20 Total Sales

    Michelle Lowe
    Section Image
  • Fred Ehrlich

    Buyer's Agent in 2019

    Fred Ehrlich

    Encore Luxury Homes

    (323) 899-2774

    Fred Ehrlich
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19020679

California Regional Multiple Listing Service (CRMLS)

APN: 5210-010-022

California Los Angeles County Los Angeles 90031 Lincoln Heights

2731 Darwin Ave, Los Angeles, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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