NOT LISTED FOR SALE

2834 Somerset Dr Los Angeles, CA 90016

West Adams Neighborhood

Estimated Value: $929,000 - $1,306,427

3 Beds
2 Baths
2,309 Sq Ft
$492/Sq Ft Est. Value

Last Sold October 23, 2017

Last sale price $645,000 $279 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $6,635/month

21 Days on Market

Highlights

  • Spanish Architecture
  • Laundry Room
  • Floor Furnace
  • Den
  • Ceiling Fan
  • West Facing Home

About This Home

As of October 2017

Spacious Spanish Duplex. One unit (2834 Somerset) is 1486 SF, updated, shows well, tile bath, shower over tub, floor covering with laminate design. 2 wall heaters, all the photos showing here are for this unit. Unit at 2836 is 822 SF, 1 walk- through bedroom + a den. 1 wall heater, 1 floor furnace, no photos for this unit. The garage is 18.5 X 25 +10 X 20 storage room, all used by unit 2834. Covered patio in rear yard. Area has seen growth aided by Expo lines terminal at Crenshaw and Exposition. The Crenshaw line which will connect to the Green Line, is under construction, is starting at Rodeo Rd. Recent news has indicated that the Baldwin Hill Crenshaw Plaza may plan 1000 residential units, office space and a hotel. Interested parties should use their own due diligence to viewprojected rents; metro rail information, and Crenshaw Baldwin Hills Plaza information. Disclosure: Assessor records show property to be only 2 bedrooms.

Last Agent to Sell the Property

Bill Chin

Re/Max Tri-City License #00122105 Listed on: 07/30/2017

Re/Max Tri-City

Last Buyer's Agent

Cristina Warfield

Compass License #01823970

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,159

Year Built

  • Built in 1924

Lot Details

  • 6,289 Sq Ft Lot
  • Lot Dimensions are 50x125
  • West Facing Home
  • Back Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Stucco

Interior Spaces

  • 2,309 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Den
  • Laminate Flooring
  • Window Bars

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Floor Furnace
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5050-016-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,159

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2309
  • Lot Dimensions: 50X125
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Laminate
  • Bedrooms: 3
  • Bedroom Features: All Bedrooms Down
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Kitchen, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 281.07

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Patio: Concrete Slab
  • Pool: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Garage - 2 Car
  • Total Parking: 2

Utilities

  • Water Heater: Gas
  • Cooling: Ceiling Fan
  • Heating: Floor Furnace, Wall
  • Security: Window Bars
  • Water Expense: 720.00

Fee Information

  • Insurance Expense: 1116.00

Lot Info

  • Assessed Improvement Value: 26450
  • Assessed Land Value: 27244
  • Assessor Parcel Number: 5050-016-010
  • Geocode Override: Yes
  • Lot Description: Back Yard
  • Lot Size Area: 6289

Rental Info

  • Monthly Gross Income: 2274.00
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.77
  • Gross Scheduled Income: 27288.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 3320
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 884.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2017
Sold by
Jacob Anette Susan
Bought by
Mansoor Axel and Mansoor Ali Michael
Current Estimated Value
$1,072,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mansoor Axel $645,000 Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ibrahim Mansoor Axel $500,000
Previous Owner Mansoor Axel $516,000
Previous Owner Jacob James Craig $330,000
Previous Owner Jacob James Craig $80,000
Previous Owner Jacob James Craig $144,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2017 10/23/17 Sold $645,000 -0.6% $279 / Sq Ft
08/20/2017 08/20/17 Pending -- -- --
07/30/2017 07/30/17 For Sale $649,000 -- $281 / 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 $9,159 $757,043 $682,696 $74,347
2024 $9,159 $742,200 $669,310 $72,890
2023 $8,986 $727,648 $656,187 $71,461
2022 $8,575 $713,381 $643,321 $70,060
2021 $8,458 $699,394 $630,707 $68,687
2019 $7,963 $657,900 $612,000 $45,900
2018 $7,994 $645,000 $600,000 $45,000
2016 $885 $53,694 $27,244 $26,450
2015 $876 $52,888 $26,835 $26,053
2014 $895 $51,853 $26,310 $25,543
Source: Public Records

Agents Affiliated with this Home

  • Bill Chin

    Seller's Agent in 2017

    Bill Chin

    RE/MAX

    (323) 660-9200

    Section Image
  • Cristina Warfield

    Buyer's Agent in 2017

    Cristina Warfield

    Compass

    (310) 429-5997

    35 Total Sales

    Section Image
  • Chris Scornaienchi

    Buyer Co-Listing Agent in 2017

    Chris Scornaienchi

    Aspire Los Angeles

    (310) 922-2189

    19 Total Sales

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Map

Source: The MLS

MLS Number: 17-256836

The MLS

APN: 5050-016-010

California Los Angeles County Los Angeles 90016 West Adams

2834 Somerset Dr, Los Angeles, CA

This home is located at 2834 Somerset Dr, Los Angeles, CA 90016 since 30 July 2017 and is currently estimated at $1,135,107, approximately $491 per square foot. This property was built in 1924. 2834 Somerset Dr is a home located in Los Angeles County with nearby schools including Virginia Road Elementary School, Johnnie L. Cochran Jr. Middle School, and Susan Miller Dorsey Senior 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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