NOT LISTED FOR SALE

Estimated Value: $1,207,206 - $1,347,000

5 Beds
5 Baths
3,104 Sq Ft
$417/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $1,250,000 $403 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,863/month

24 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • Living Room with Fireplace
  • Attic
  • 4-minute walk to Richardson Family Park

About This Home

As of July 2024

The Maly-Smith Residence, 1908. Gracious, spacious living awaits in this Swiss-Chalet style Craftsman built by Naldo Francis Stokes. This three-level home features exposed wood beams, original built-ins, a sculptural red brick fireplace in the living room, and an elegant entryway and staircase with Old World mortise-and-tenon joinery showcasing the Japanese influence on the early California Craftsman aesthetic. Charming period touches include an expansive covered porch, a formal dining room, a library/den with a ceramic fireplace surround and multiple enclosed sleeping porches, and a California basement and sunlit attic (not included in overall square footage) suitable for use as a studio or office. Alongside upgraded electrical and plumbing and a fresh California Native and drought-tolerant landscape, this historic property presents a unique opportunity for a savvy owner or developer to apply for property-tax saving Mills Act designation for the front house and to utilize the advantageous LARD2 zoning to explore additional structures in the back (buyer to verify). Located in the USC DPS patrol zone, with nearby access to Downtown, entertainment and sports venues, including the USC Coliseum, BMO Stadium, and the Expo Line, this home is also 10 minutes away from stylish West Adams dining options like Highly Likely and Alta Adams as well as Holbox and Tire Shop Taqueria to the east. Naldo Francis Stokes' work, as described by the LA Times in 1906, incorporated finishes "of a very high order with handsome mantelpieces, beamed ceilings, built-in buffets, and all the accessories of a comfortable, modern house." In the early 20th century, Stokes made his name by creating stately homes in Adams-Normandie, and thanks to a thoughtful Historic Preservation Plan, this Central Los Angeles neighborhood remains a nearly unmatched repository of exceptional Craftsman architecture.

Last Agent to Sell the Property

Jeremy Steenblik

Modern California House License #02146632 Listed on: 06/21/2024

Last Buyer's Agent

Brooke Bryant

Estate Properties License #02044801

Estate Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,984

Year Built

  • Built in 1908

Lot Details

  • 7,246 Sq Ft Lot
  • Lot Dimensions are 50x145
  • West Facing Home
  • Property is zoned LARD2

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Split Level Home

Interior Spaces

  • 3,104 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Entry
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Room
  • Den
  • Library with Fireplace
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry closet
  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • Gravity Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5054-012-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,984

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 3104
  • Lot Acreage: 0.1663
  • Lot Dimensions: 50x145
  • Stories: 2
  • Year Built: 1908
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Library
  • Flooring: Wood, Wood Laminate, Tile
  • Bedrooms: 5
  • Fireplaces: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 3
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 5.00
  • Equipment: Ceiling Fan, Dishwasher, Microwave, Refrigerator, Range/Oven, Stackable W/D Hookup, Dryer, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 402.06

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached
  • Total Parking: 2

Utilities

  • Heating: Gravity

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5054-012-011
  • Lot Size Area: 7246

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 24, 2024
Sold by
Shana Shi Revocable Living Trust and Shi Shana
Bought by
Wells Ivan A and Wells Teresa L
Seller's Agent
Jeremy Steenblik
Modern California House
Buyer's Agent
Brooke Bryant
Estate Properties
List Price
$1,248,000
Sold Price
$1,250,000
Premium/Discount to List
$2,000
0.16%
Views
77
Current Estimated Value
$1,295,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,552
Avg. Annual Appreciation
2.93%

Purchase Details

Listed on
Jun 21, 2024
Closed on
Jul 22, 2024
Sold by
Shana Shi Revocable Living Trust and Shi Shana
Bought by
Wells Ivan A and Wells Teresa L
Seller's Agent
Jeremy Steenblik
Modern California House
Buyer's Agent
Brooke Bryant
Estate Properties
List Price
$1,248,000
Sold Price
$1,250,000
Premium/Discount to List
$2,000
0.16%
Views
77

Purchase Details

Closed on
Nov 27, 2018
Sold by
Shi Shana
Bought by
Shi Shana and Shana Shi Revocable Living Tru

Purchase Details

Closed on
Jul 5, 2018
Sold by
Shi Shana and Estate Of Jenny Shi
Bought by
Shi Shana

Purchase Details

Closed on
Mar 11, 2005
Sold by
Chavarria Mario F
Bought by
Shi Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Interest Rate
4.78%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 26, 2004
Sold by
Rosa Catalina
Bought by
Chavarria Mario F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.31%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 24, 2003
Sold by
Bird James E and The James E Bird Trust
Bought by
Rosa Catalina

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
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 15, 2003
Sold by
Bird James E
Bought by
Bird James E and James E Bird Trust

Purchase Details

Closed on
Jun 20, 2003
Sold by
Bird Sheila
Bought by
Bird James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.18%
Mortgage Type
Balloon

Purchase Details

Closed on
May 30, 2003
Sold by
Sanders Williams Jean and Sanders Jean Hazel
Bought by
Bird James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.18%
Mortgage Type
Balloon
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
Wells Ivan A $1,250,000 Lawyers Title Company
Wells Ivan A $1,250,000 Lawyers Title Company
Shi Shana -- None Available
Shi Shana -- None Available
Shi Jenny $765,000 First American Title Co
Chavarria Mario F $294,090 Fidelity Van Nuys
Rosa Catalina $375,000 Diversified Title Company
Bird James E -- --
Bird James -- Diversified Title Company
Bird James $200,000 Diversified Title & Escrow S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shi Jenny $573,750
Previous Owner Chavarria Mario F $308,000
Previous Owner Rosa Catalina $300,000
Previous Owner Bird James $160,000
Closed Bird James $20,000
Closed Rosa Catalina $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $1,250,000 +0.2% $403 / Sq Ft
07/15/2024 07/15/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $1,248,000 -- $402 / 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 $12,984 $1,250,000 $1,205,000 $45,000
2024 $12,984 $1,045,418 $888,272 $157,146
2023 $12,739 $1,024,920 $870,855 $154,065
2022 $12,155 $1,004,825 $853,780 $151,045
2021 $11,994 $985,124 $837,040 $148,084
2020 $12,114 $975,024 $828,458 $146,566
2019 $11,638 $955,907 $812,214 $143,693
2018 $11,533 $937,165 $796,289 $140,876
2016 $11,014 $900,775 $765,369 $135,406
2015 $6,154 $493,000 $419,000 $74,000
2014 $6,300 $493,000 $419,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-406691

The MLS

APN: 5054-012-011