NOT LISTED FOR SALE

Estimated Value: $1,198,000 - $1,635,000

3 Beds
2 Baths
1,440 Sq Ft
$988/Sq Ft Est. Value

Last Sold September 02, 2020

Last sale price $1,105,000 $767 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $8,898/month

12 Days on Market

Highlights

  • Guest House
  • Midcentury Modern Architecture
  • Granite Countertops
  • John Marshall Senior High Rated A
  • View of Hills
  • Covered Patio or Porch

About This Home

As of September 2020

Palm Springs vibes in Frogtown! This eclectic, mid-century artist Duplex just south of Atwater Village is full of opportunity. Beyond the private fence is a sunny & stylish single-story character ranch home built in 1956 with a detached garage, zoned R2 for income potential. On one side are 2 bedrooms + 1 bath, concrete floors, french doors leading to the expansive patio, renovated kitchen, leathered granite countertops, OKeefe & Merrit stove, and built-in secret pantry/laundry room. Next door is an updated 1 bed +1 bath light-filled home creating the perfect mother-in-law suite or short-term rental opp. The 8700 sq ft compound boasts numerous fruit-bearing trees; lemon, orange, pomegranate, avocado, and blue java banana! Build a pool or convert garage to ADU! Solar panels inc! So close to DTLA, Dodger Stadium! Stroll to Wax Paper, La Colombe Coffee + Live in 1 side, rent the other! Welcome Home!

Last Agent to Sell the Property

Emily Sinclair

ACME Real Estate License #02082772 Listed on: 07/02/2020

Last Buyer's Agent

Theodore 'Ted' Fleming

Rodeo Realty License #01502327

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,450

Year Built

  • Built in 1956

Lot Details

  • 8,715 Sq Ft Lot
  • West Facing Home
  • Gated Home
  • Back Yard

Parking

  • 4 Open Parking Spaces
  • 1 Car Garage
  • 2 Detached Carport Spaces
  • Workshop in Garage
  • Private Parking
  • Driveway

Home Design

  • Midcentury Modern Architecture
  • Additions or Alterations
  • Slab Foundation
  • Stucco

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Skylights
  • Dining Area
  • Views of Hills
  • Laundry Room

Kitchen

  • Walk-In Pantry
  • Gas and Electric Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Air Conditioning
  • Central Heating
  • Tankless Water Heater

Additional Features

  • Covered Patio or Porch
  • Guest House

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5442-026-006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,450

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Style: Mid-Century
  • Levels: One
  • Street Number Display: Yes
  • Exclusions: O'Keefe & Merrit Stove
  • Living Area: 1440
  • Lot Acreage: 0.2001
  • Probate: No
  • Property Condition: Additions/Alter
  • Stories: 1
  • Year Built: 1956
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Cement, Laminate, Tile
  • Appliances: Gas/Electric Range
  • Bedrooms: 3
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Stone Counters, Remodeled
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Built-Ins, Garbage Disposal, Dishwasher, Refrigerator
  • Price Per S Q F T: 659.72
  • Windows: Skylights

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Slab
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Patio: Covered, Porch - Rear
  • Pool: No
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Carport Spaces: 2
  • Garage Spaces: 1
  • Other Spaces: 4
  • Garage Structures: 1
  • Parking Garage: Driveway, Carport Detached, Covered Parking, Workshop, Private
  • Total Parking: 6

Utilities

  • Volt 220: In Garage
  • Water Heater: Tankless
  • Cooling: Air Conditioning, Ceiling Fan
  • Heating: Central
  • Security: Gated
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 21.22
  • Assessed Improvement Value: 88788
  • Assessed Land Percent: 78.78
  • Assessed Land Value: 329538
  • Total Assessed Value: 418326
  • Assessor Parcel Number: 5442-026-006
  • Geocode Override: No
  • Lot Description: Fenced, Back Yard
  • Lot Size Area: 8715

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 63600.00
  • Number Of Units: 2
  • Total Annual Expense: 400
  • Type Of Units: 2
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2020
Closed on
Aug 10, 2020
Sold by
More Lee
Bought by
Ambrosino Marie and The Alice Ayres Trust
Seller's Agent
Emily Sinclair
ACME Real Estate
Buyer's Agent
Theodore 'Ted' Fleming
Rodeo Realty
List Price
$950,000
Sold Price
$1,105,000
Premium/Discount to List
$155,000
16.32%
Current Estimated Value
$1,423,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,152
Avg. Annual Appreciation
3.87%
Original Mortgage
$718,250
Outstanding Balance
$639,998
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$696,419

Purchase Details

Closed on
Nov 21, 2014
Sold by
More Michael
Bought by
More J Michael and More Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,235
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2012
Sold by
More J Michael
Bought by
More Michael and More Lee Krennis

Purchase Details

Closed on
Jul 2, 2003
Sold by
Partridge Investment Llc
Bought by
More J Michael and More Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,745
Interest Rate
5.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 23, 2003
Sold by
Aviano Llc
Bought by
Partridge Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,745
Interest Rate
5.17%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 4, 2003
Sold by
Blazer Charles Louis
Bought by
Aviano Llc

Purchase Details

Closed on
Apr 22, 1997
Sold by
Blazer David A
Bought by
Blazer Charles Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.25%
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
Ambrosino Marie $1,105,000 Chicago Title Company
More J Michael -- Accommodation
More Michael -- None Available
More J Michael $327,500 California Title Company
Partridge Investments Llc -- --
Aviano Llc $200,500 California Title Company
Blazer Charles Louis -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ambrosino Marie $718,250
Previous Owner More J Michael $264,235
Previous Owner More J Michael $312,300
Previous Owner More J Michael $32,745
Previous Owner More J Michael $261,960
Previous Owner Blazer Charles Louis $120,000
Closed More J Michael $32,745
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2020 09/02/20 Sold $1,105,000 +16.3% $767 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/02/2020 07/02/20 For Sale $950,000 -- $660 / 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 $14,450 $1,196,086 $541,216 $654,870
2024 $14,450 $1,172,634 $530,604 $642,030
2023 $14,167 $1,149,642 $520,200 $629,442
2022 $13,502 $1,127,100 $510,000 $617,100
2021 $13,338 $1,105,000 $500,000 $605,000
2020 $5,675 $443,928 $349,707 $94,221
2019 $5,456 $435,224 $342,850 $92,374
2018 $5,383 $426,691 $336,128 $90,563
2016 $5,139 $410,125 $323,077 $87,048
2015 $5,066 $403,966 $318,225 $85,741
2014 $5,093 $396,054 $311,992 $84,062
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-597280

The MLS

APN: 5442-026-006