NOT LISTED FOR SALE

Estimated Value: $1,049,000 - $1,173,707

6 Beds
4 Baths
2,476 Sq Ft
$448/Sq Ft Est. Value

Sale Details

Date Sold: January 8, 2016

Last sale price $680,000 $275 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $6,942 / mo

14 Days on Market

About This Home

As of January 2016

Prime location near Jefferson Park HPOZ! Sale Price $699,000, GSI = $54,000, GRM = 12.94, Cap Rate = 6.58%. Unit #1: Completely remodeled 3BD+3BA. Over 1260 sq.ft. Open floor plan. Spacious family great room. Newly designed kitchen. Granite countertops and center island. Hardwood flooring. Recessed lights. New laundry room. 3 new bathrooms. Garage updated and ready for use. Fair market rent at $2350+/month. Unit #2: Updated 3BD+1BA. Newly designed kitchen. Granite countertops. Hardwood flooring. Over 1210 sq.ft. Private patio area. Extra storage in garage area. Washer/dryer hookups. Fair market rent at $2150+/month. Close to historic West Adams. Adjacent to Jefferson Park HPOZ. Easy commute to Hollywood, downtown LA, or Santa Monica. Sale Price $699,000! 6 Beds, 4 Baths. 2476 sq. ft. and 7499 sq. ft. lot. APN: 5051-021-022. Sale Price = $699,000. Gross Scheduled Income = $54,000. Total Expense = $8,020. Gross Rent Multiplier = 12.94. Annual Net Income = $45,980. Cap Rate = 6.58%.

Last Agent to Sell the Property

Andrew Watkins

Avantge Real Estate License #01478668 Listed on: 11/16/2015

Last Buyer's Agent

Jacob Raabe

eXp Realty of Greater Los Angeles, Inc. License #01909672

eXp Realty of Greater Los Angeles, Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 7,499 Sq Ft Lot
  • Property is zoned LARD3

Home Design

  • 2,476 Sq Ft Home

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry in unit
  • Washer

Parking

  • 2 Car Garage
  • Driveway

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-021-022

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

7,499 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2476
  • Probate: No
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Common Walls: Detached/No Common Walls
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Washer
  • Price Per S Q F T: 282.31

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Driveway, Garage - 2 Car
  • Total Parking: 6

Utilities

  • Heating: Wall
  • Water Expense: 900.00

Fee Information

  • Insurance Expense: 750.00
  • Maintenance Expense: 750.00
  • Trash Expense: 900.00

Lot Info

  • Assessed Improvement Value: 152997
  • Assessed Land Value: 407992
  • Assessor Parcel Number: 5051-021-022
  • Geocode Override: No
  • Lot Size Area: 7499

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 12.94
  • Number Of Units: 2
  • Type Of Units: 2

Tax Info

  • Tax Expense: 4000.00

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
Jun 15, 2020
Sold by
Bought by
Current Estimated Value
$1,110,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2017
Sold by
Bought by

Purchase Details

Listed on
Nov 16, 2015
Closed on
Jan 4, 2016
Sold by
Bought by
Seller's Agent
Andrew Watkins
Avantge Real Estate
Buyer's Agent
Jacob Raabe
eXp Realty of Greater Los Angeles, Inc.
List Price
$699,000
Sold Price
$680,000
Premium/Discount to List
-$19,000
-2.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$510,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Jefferson Park, 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
-- First American Title Ins Co
-- None Available
$680,000 Lawyers Title
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
Open $457,000
Closed $467,000
Closed $510,000
Previous Owner $40,000
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 Prior Sale
01/08/2016 01/08/16 Sold $680,000 -2.7% $275 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
11/16/2015 11/16/15 For Sale $699,000 +27.1% $282 / Sq Ft
06/11/2014 06/11/14 Sold $550,000 0.0% $453 / Sq Ft View Prior Sale
06/11/2014 06/11/14 Pending -- -- --
06/11/2014 06/11/14 For Sale $550,000 -- $453 / 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 $10,055 $804,974 $482,986 $321,988
2024 $9,912 $789,191 $473,516 $315,675
2023 $9,728 $773,718 $464,232 $309,486
2022 $9,287 $758,548 $455,130 $303,418
2021 $9,164 $743,675 $446,206 $297,469
2020 $9,255 $736,050 $441,631 $294,419
2019 $8,895 $721,619 $432,972 $288,647
2018 $8,761 $707,471 $424,483 $282,988
2016 $7,051 $569,543 $414,213 $155,330
2015 $6,949 $560,989 $407,992 $152,997
2014 $796 $49,198 $20,570 $28,628
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-959703

The MLS

APN: 5051-021-022

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