NOT LISTED FOR SALE

2923 S Western Ave Los Angeles, CA 90018

Jefferson Park Neighborhood

Estimated Value: $1,122,000 - $1,362,285

4 Beds
4 Baths
2,489 Sq Ft
$478/Sq Ft Est. Value

Last Sold May 15, 2023

Last sale price $1,100,000 $442 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,649/month

70 Days on Market

Highlights

  • Gated Parking
  • No HOA
  • Ductless Heating Or Cooling System
  • Quartz Countertops
  • Neighborhood Views
  • Laundry Room

About This Home

As of May 2023

BACK ON THE MARKET, SUBJECT TO CANCELLATION OF CURRENT ESCROW. BUYER IS NOT PERFORMING. THE BUYER DECIDED TO MOVE FORWARD WITH THE TRANSACTION. NO ESCROW CANCELATION. $54K PRICE REDUCTION. FOR INVESTORS OR OWNER OCCUPIED. Come to see this charming duplex. Corner lot. Property located in the Jefferson Park-Historic Preservation Overlay Zone HPOZ. This 2 level duplex with historic architectural detail has 1 bedroom 1 1/2 bathrooms and a small un-permitted storage room on the first level and 3 bedrooms and 2 bathrooms on the 2nd level. The 2nd upper bathroom was added in 2020. One of the 4 bedrooms is used as a living room. The property is gated. It has a nice size front lawn and concrete paved rear with a capacity for 9-10 cars parking. Updated wood fence and cement flooring in the parking area. Upgrades include new sewer, new electrical system, new plumbing, new flooring, energy cost saving ductless mini-split system wall mounted A/C & heater units in every room, new landscaping. PROPERTY HAS AN OUTDOOR EV (ELECTRICAL VEHICLE) CHARGER. Easy access to DTLA, Metro & train, LAX, Silicon Beach, Santa Monica, Marina Del Rey, Venice, Culver City, Sony Studios, Google, Facebook, USC, Stadium, Staples center, Korea Town. Awesome opportunity for an owner-user to live in one home and rent the second unit or for a savvy investor who can rent both units at market prices or for a large family. Zoning: C2-1VL-O-HPOZ-CPIO as per zimas.lacity.org. All buyers to conduct their own investigations to confirm and verify the information provided in this MLS listing. Make sure to explore the 3D Matterport video from the "360" Virtual tour link.

Last Agent to Sell the Property

Rosy Riera

Keller Williams South Bay License #01458701 Listed on: 12/23/2022

Keller Williams South Bay

Co-Listed By

Patricia Davis

Epique Realty License #02041270

Last Buyer's Agent

Jose Castaneda

Century 21 Realty Masters License #01751082

Century 21 Realty Masters

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,019

Year Built

  • Built in 1914

Lot Details

  • 7,542 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 10 Open Parking Spaces
  • 10 Car Garage
  • Parking Available
  • Gated Parking

Home Design

  • Duplex
  • Turnkey

Interior Spaces

  • 2,489 Sq Ft Home
  • 2-Story Property
  • Custom Window Coverings
  • Separate Family Room
  • Tile Flooring
  • Neighborhood Views
  • Fire and Smoke Detector
  • Basement

Kitchen

  • Gas Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Location

  • Urban Location

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 123
  • Tax Tract Number 222
  • Assessor Parcel Number 5053004036
  • $538 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Cable TV Expense $150
  • Fuel Expense $300
  • Gardener Expense $3,130
  • Insurance Expense $800
  • Other Expense $3,600
  • Trash Expense $200
  • New Taxes Expense $12,500
  • Operating Expense $17,080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,019

Year Built

Built in 1914

Lot Details

0

Parking

10

Listing Details

  • Assessments: No
  • Price Per Unit: 597500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: LAC2
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 3130.00
  • Parcel Number: 5053004036
  • Year Built: 1914
  • Special Features: None

Interior Features

  • Interior Amenities: Quartz Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 441.94
  • Room Type: Basement, Kitchen, Laundry, Master Bathroom, Master Bedroom, Separate Family Room
  • Window Features: Custom Covering, Drapes

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Paved, Gated, Private
  • Total Parking Spaces: 20.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Refrigerator, Water Heater, Water Line to Refrigerator
  • Heating Type: Ductless
  • Laundry Features: Dryer Included, In Kitchen, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 200.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7542.00
  • Lot Size Acres: 0.1731

Multi Family

  • Cable TV Expense: 150.00
  • Fuel Expense: 300.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7542.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 17800.00
  • Other Expense: 3600.00
  • Other Expense Description: Askagent
  • Rent Control: Yes
  • Total Expenses: 17080.00

Tax Info

  • New Taxes Expense: 12500.00
  • Tax Census Tract: 2220.01
  • Tax Lot: 123
  • Tax Tract Number: 222
  • TaxOtherAnnualAssessmentAmount: 538.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2022
Closed on
Apr 5, 2023
Sold by
Martinez Jose
Bought by
Martinez Aurora
Seller's Agent
Rosy Riera
Keller Williams South Bay
Buyer's Agent
Jose Castaneda
Century 21 Realty Masters
List Price
$1,194,999
Sold Price
$1,100,000
Premium/Discount to List
-$94,999
-7.95%
Views
152
Current Estimated Value
$1,189,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,571
Avg. Annual Appreciation
3.57%
Original Mortgage
$250,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 23, 2022
Closed on
Mar 17, 2023
Sold by
Benitez Marcialito
Bought by
Martinez Aurora
Seller's Agent
Rosy Riera
Keller Williams South Bay
Buyer's Agent
Jose Castaneda
Century 21 Realty Masters
List Price
$1,194,999
Sold Price
$1,100,000
Premium/Discount to List
-$94,999
-7.95%
Views
152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2020
Closed on
Dec 14, 2020
Sold by
Blanco Francisco J and Blanco Ignacio J
Bought by
Benitez Marcialito and Isarraras Salocin Poquita
Seller's Agent
Rosy Riera
Keller Williams South Bay
List Price
$895,000
Sold Price
$910,000
Premium/Discount to List
$15,000
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$728,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2020
Closed on
Dec 8, 2020
Sold by
Blanco Trinidad
Bought by
Blanco Francisco J
Seller's Agent
Rosy Riera
Keller Williams South Bay
List Price
$895,000
Sold Price
$910,000
Premium/Discount to List
$15,000
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$728,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2008
Sold by
Blanco Francisco J and Blanco Ignacio J
Bought by
Blanco Francisco J

Purchase Details

Closed on
Jun 11, 2007
Sold by
Blanco Wagner F
Bought by
Blanco Francisco J

Purchase Details

Closed on
Sep 14, 2004
Sold by
Blanco Ignacio Javier
Bought by
Blanco Wagner F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.41%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 21, 2003
Sold by
Avila Francisco Blanco and Blanco Trinidad
Bought by
Blanco Ignacio Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2001
Sold by
Blanco Elder
Bought by
Blanco Ignacio Javier

Purchase Details

Closed on
Aug 7, 1995
Sold by
Zuniga Esperanza
Bought by
Blanco Elder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
7.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 24, 1995
Sold by
Federal National Mortgage Association
Bought by
Blanco Elder and Blanco Ignacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
7.71%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 5, 1995
Sold by
Yu Sung Chu and Yu Jong Yeop
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,200
Interest Rate
7.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Martinez Aurora -- Fidelity National Title
Martinez Aurora $1,100,000 Fidelity National Title
Benitez Marcialito $910,000 Fidelity National Title Co
Blanco Francisco J -- Fidelity National Title Co
Blanco Ignacio J -- Fidelity National Title Co
Blanco Francisco J -- None Available
Blanco Wagner Francisco -- None Available
Blanco Francisco J -- None Available
Blanco Wagner F $420,000 Gateway Title
Blanco Ignacio Javier -- First American Title Co
Blanco Ignacio Javier -- --
Blanco Elder -- Southland Title Corporation
Blanco Ignacio -- Southland Title Corporation
Blanco Elder $126,000 Southland Title Corporation
Federal National Mortgage Association $157,783 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Aurora $250,000
Previous Owner Benitez Marcialito $728,000
Previous Owner Blanco Wagner F $380,000
Previous Owner Blanco Wagner F $300,000
Previous Owner Blanco Ignacio Javier $195,000
Previous Owner Blanco Elder $35,757
Previous Owner Blanco Elder $14,910
Previous Owner Blanco Elder $12,000
Previous Owner Blanco Elder $122,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Sold $1,100,000 -7.9% $442 / Sq Ft
04/11/2023 04/11/23 For Sale $1,194,999 0.0% $480 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/02/2023 03/02/23 Pending -- -- --
02/08/2023 02/08/23 Price Changed $1,194,999 -4.3% $480 / Sq Ft
12/23/2022 12/23/22 For Sale $1,249,000 +37.3% $502 / Sq Ft
12/16/2020 12/16/20 Sold $910,000 +1.7% $366 / Sq Ft
12/04/2020 12/04/20 For Sale $895,000 -1.6% $360 / Sq Ft
11/30/2020 11/30/20 Off Market $910,000 -- --
10/22/2020 10/22/20 Pending -- -- --
06/27/2020 06/27/20 Price Changed $895,000 -6.8% $360 / Sq Ft
05/21/2020 05/21/20 For Sale $960,000 -- $386 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,019 $1,144,440 $801,108 $343,332
2024 $14,019 $1,122,000 $785,400 $336,600
2023 $11,917 $946,763 $662,734 $284,029
2022 $11,378 $928,200 $649,740 $278,460
2021 $11,233 $910,000 $637,000 $273,000
2020 $9,908 $788,000 $575,900 $212,100
2019 $7,968 $640,000 $467,700 $172,300
2018 $7,978 $640,000 $467,700 $172,300
2016 $7,139 $575,000 $420,200 $154,800
2015 $7,140 $575,000 $420,200 $154,800
2014 $8,224 $650,000 $475,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Rosy Riera

    Seller's Agent in 2023

    Rosy Riera

    Keller Williams South Bay

    (310) 375-3511

    2 in this area

    21 Total Sales

    Rosy Riera
    Section Image
  • Patricia Davis

    Seller Co-Listing Agent in 2023

    Patricia Davis

    Epique Realty

    (310) 908-1159

    1 in this area

    11 Total Sales

    Patricia Davis
    Section Image
  • Jose Castaneda

    Buyer's Agent in 2023

    Jose Castaneda

    Century 21 Realty Masters

    (626) 216-8124

    1 in this area

    23 Total Sales

    Jose Castaneda
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22259058

California Regional Multiple Listing Service (CRMLS)

APN: 5053-004-036

California Los Angeles County Los Angeles 90018 Jefferson Park

2923 S Western Ave, Los Angeles, CA

This home is located at 2923 S Western Ave, Los Angeles, CA 90018 since 23 December 2022 and is currently estimated at $1,189,571, approximately $477 per square foot. This property was built in 1914. 2923 S Western Ave is a home located in Los Angeles County with nearby schools including Birdielee V. Bright Elementary School, Susan Miller Dorsey Senior High School, and Stem Preparatory Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

Nearby Homes