NOT LISTED FOR SALE

Estimated Value: $922,163

4 Beds
4 Baths
2,540 Sq Ft
$363/Sq Ft Est. Value

Sale Details

Date Sold: April 12, 2024

Last sale price $970,000 $382 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,082 / mo

53 Days on Market

About This Home

As of April 2024

Explore the potential of this charming Spanish-style income property in West Adams, offering a Duplex with a bonus unit. Unit (1) features 2 bedrooms and in-unit laundry, while Unit (2) offers 1 bedroom and its own laundry. An additional upstairs 1 bedroom bonus unit, added in 2008, adds versatility. This property not only offers the prospect of optimizing current rents but also boasts significant development potential under the LARD1.5 zoning, possibly allowing for additional units (subject to city verification). Furthermore, the two-car garage, accessed via a long driveway, presents an opportunity for conversion to ADUs (Accessory Dwelling Units), offering additional income streams and investment flexibility. This property offers convenient access to Culver City, DTLA, and the 10 freeway for exploring surrounding areas. Don't miss this opportunity for investment and growth in a prime West Adams location. Please do not disturb tenants.

Last Agent to Sell the Property

Jamial Clark

Renaissance Realty Group License #01292443 Listed on: 01/17/2024

Last Buyer's Agent

Nesim Hason

Blue Flamingo Realty License #02015431

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 6,553

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 2,540 Sq Ft Home
  • Multi-Level Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,553 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 3 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for water, gardener
  • Assessor Parcel Number 5050-013-018

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

6,553 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2540
  • Lot Acreage: 0.1504
  • Probate: No
  • Year Built: 1924
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 433.07

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 28.21
  • Assessed Improvement Value: 81157
  • Assessed Land Percent: 71.79
  • Assessed Land Value: 206491
  • Total Assessed Value: 287648
  • Assessor Parcel Number: 5050-013-018
  • Lot Size Area: 6553

Rental Info

  • Owner Pays: Water, Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Number Of Units: 3
  • Rent Control: 100
  • Type Of Units: Duplex

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2024
Sold by
Bought by
Current Estimated Value
$922,163

Purchase Details

Listed on
Jan 17, 2024
Closed on
Mar 22, 2024
Sold by
Bought by
Seller's Agent
Jamial Clark
Renaissance Realty Group
Buyer's Agent
Nesim Hason
Blue Flamingo Realty
List Price
$1,100,000
Sold Price
$970,000
Premium/Discount to List
-$130,000
-11.82%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.17%
Original Mortgage
$727,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2024
Closed on
Mar 6, 2024
Sold by
Bought by
Seller's Agent
Jamial Clark
Renaissance Realty Group
Buyer's Agent
Nesim Hason
Blue Flamingo Realty
List Price
$1,100,000
Sold Price
$970,000
Premium/Discount to List
-$130,000
-11.82%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$727,500
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in West Adams, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- California Best Title Company
$970,000 California Best Title Company
-- Advantage Title
-- Commerce Title Insurance Co
-- Accommodation
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $727,500
Previous Owner $727,500
Previous Owner $405,000
Previous Owner $165,500
Previous Owner $173,000
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/12/2024 04/12/24 Sold $970,000 -11.8% $382 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $1,100,000 -- $433 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,041 $970,000 $680,000 $290,000
2024 $3,924 $293,400 $210,620 $82,780
2023 $3,857 $287,648 $206,491 $81,157
2022 $3,695 $282,009 $202,443 $79,566
2021 $3,634 $276,480 $198,474 $78,006
2019 $3,533 $268,282 $192,588 $75,694
2018 $3,403 $263,022 $188,812 $74,210
2016 $3,232 $252,810 $181,481 $71,329
2015 $3,188 $249,013 $178,755 $70,258
2014 $3,218 $244,136 $175,254 $68,882
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-348721

The MLS

APN: 5050-013-018

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