NOT LISTED FOR SALE

2915 Swan Place Unit A Los Angeles, CA 90026

Estimated Value: $1,606,000 - $2,323,442

6 Beds
4 Baths
3,075 Sq Ft
$664/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $1,128,000 $367 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $12,221/month

91 Days on Market

Highlights

  • Wood Flooring
  • 4 Car Attached Garage
  • Central Heating and Cooling System
  • John Marshall Senior High Rated A
  • Laundry Room
  • 2-minute walk to Silver Lake Dog Park

About This Home

As of August 2013

How great would it be to live steps away from the Silver Lake Reservoir and own an income producing property at the same time? This fantastic opportunity is here and you don't even have to sacrifice space to make it happen. Built in 1990, the front 2 level house with 2 car garage and direct access boasts 3 bedrooms, 3 baths and over 1800 square feet of space to enjoy all while collecting Silver Lake type rents from the rear 2 story duplex.The front house living space is very comfortable with its open concept floor plan and 2 story living room. Master bedroom with view deck. The rear duplex consists of an upper level 2 bedroom unit with wonderful original charm and a veranda for some outdoor space. The lower level unit is equally charming and both units have wood floors throughout. All units are separately metered and come with 4 garage parking spaces.With strong rents already in place, and location as good as it gets.

Last Agent to Sell the Property

Henry Plascencia

Compass License #01250465 Listed on: 04/30/2013

Compass

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,682

Year Built

  • Built in 1940

Lot Details

  • 4,945 Sq Ft Lot

Parking

  • 4 Car Attached Garage

Home Design

  • 3,075 Sq Ft Home

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 5431-038-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,682

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3075
  • Year Built: 1940
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Mixed, Tile, Wood
  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Alarm System, Dishwasher, Gas Dryer Hookup, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 389.92

Exterior Features

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

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Attached
  • Total Parking: 7

Utilities

  • Cooling: Central
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Value: 223000
  • Assessed Land Value: 507000
  • Assessor Parcel Number: 5431-038-019
  • Geocode Override: No
  • Lot Size Area: 4945

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 16.40
  • Number Of Units: 3
  • Total Annual Expense: 0
  • Type Of Units: Income
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2022
Sold by
Jack S Davis Living Trust
Bought by
Davis Family Trust
Current Estimated Value
$2,042,861

Purchase Details

Listed on
Apr 30, 2013
Closed on
Jul 31, 2013
Sold by
Schirle Mark and Tan Daisy
Bought by
Davis Jack S and Jack S Davis Living Trust
Seller's Agent
Henry Plascencia
Compass
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$1,199,000
Sold Price
$1,128,000
Premium/Discount to List
-$71,000
-5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Mar 26, 2007
Sold by
Murray Michael T and Murray Daniel S
Bought by
Schirle Mark and Tan Daisy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$806,400
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 25, 2005
Sold by
Murray Jennifer L
Bought by
Murray Daniel S

Purchase Details

Closed on
Mar 25, 2003
Sold by
Murray Jennifer Lynn
Bought by
Murray Daniel

Purchase Details

Closed on
Mar 24, 2003
Sold by
Lanni Catherine M
Bought by
Lanni Sam and Lanni Catherine M

Purchase Details

Closed on
Mar 21, 2003
Sold by
Steinberg Gregory and Murray Michael
Bought by
Ping Properties Llc

Purchase Details

Closed on
Sep 5, 2002
Sold by
Lanni Sam
Bought by
Lanni Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.22%

Purchase Details

Closed on
Aug 30, 2002
Sold by
Lam Ronald O and Lam Lucy
Bought by
Lanni Catherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.22%

Purchase Details

Closed on
Sep 30, 1994
Sold by
Lee Hazel H
Bought by
Lam Ronald O and Lam Lucy
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
Davis Family Trust -- Progressive Title
Davis Jack S $1,128,000 California Title Company
Schirle Mark $1,008,000 California Title
Murray Daniel S -- --
Murray Michael T -- --
Murray Michael T -- --
Murray Daniel -- Equity Title Company
Lanni Sam -- Equity Title Company
Murray Michael -- Equity Title Company
Ping Properties Llc -- Equity Title Company
Steinberg Gregory $690,000 Equity Title Company
Lanni Catherine M -- Equity Title Company
Lanni Catherine M $445,000 Equity Title Company
Lam Ronald O -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schirle Mark $806,400
Previous Owner Lanni Catherine M $356,000
Closed Lanni Catherine M $44,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2013 08/09/13 Sold $1,128,000 -5.9% $367 / Sq Ft
07/30/2013 07/30/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $1,199,000 -- $390 / 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 $16,682 $1,382,764 $1,103,272 $279,492
2024 $16,682 $1,355,652 $1,081,640 $274,012
2023 $16,359 $1,329,072 $1,060,432 $268,640
2022 $15,597 $1,303,013 $1,039,640 $263,373
2021 $15,400 $1,277,464 $1,019,255 $258,209
2020 $15,556 $1,264,366 $1,008,804 $255,562
2019 $14,939 $1,239,575 $989,024 $250,551
2018 $14,857 $1,215,271 $969,632 $245,639
2016 $14,193 $1,168,082 $931,981 $236,101
2015 $13,986 $1,150,537 $917,982 $232,555
2014 $14,041 $1,128,000 $900,000 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 13-669017

The MLS

APN: 5431-038-019