NOT LISTED FOR SALE

Estimated Value: $880,000 - $945,000

4 Beds
2 Baths
1,430 Sq Ft
$641/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $905,000 $633 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,752/month

11 Days on Market

Highlights

  • Fireplace in Bathroom
  • Bathtub with Shower
  • Front Yard
  • Ground Level Unit
  • Stone Flooring
  • 1-Story Property

About This Home

As of May 2024

A completely VACANT Duplex! This Mid-Century Duplex in the West Adams neighborhood of Los Angeles boasts a total of +/- 1,430 sqft of livable space on one-level. Offering (two) 2 bedrooms/1 bath units that are tandemly aligned only sharing a common wall for maximum privacy. Further down the walkway Unit 2939 mirrors a similar layout. The formal living and dining room outlines the judicious floor plan. Step outside to a low maintenance front yard with grass for play. Detached garages offer 3 spaces. The expansive +/- 6,573 SF Lot zoned RD3 prime for potential development or an excellent opportunity for potential ADU's. Gas & Electricity are separately metered. 1-Main Water meter. Close proximity to Jefferson Park, USC, DTLA, 10 FWY, Metro Expo Line, and plenty of food options, such as Insta famous Johnny's Pastrami! Centralized location with profitable rental upside. LA Investing at its Best!

Last Agent to Sell the Property

Giuseppe Zumbo

Corcoran Icon Properties License #01753412 Listed on: 03/29/2024

Corcoran Icon Properties

Last Buyer's Agent

Ash Ghavami

Re/Max Luxe License #01994702

Re/Max Luxe

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,096

Year Built

  • Built in 1952

Lot Details

  • 6,573 Sq Ft Lot
  • Front Yard
  • Value in Land

Parking

  • 3 Car Garage
  • Driveway

Home Design

  • Duplex
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen

Flooring

  • Carpet
  • Linoleum
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom
  • Bathtub with Shower

Location

  • Ground Level Unit
  • City Lot

Utilities

  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 5051-023-027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,096

Year Built

Built in 1952

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Levels: Ground Level
  • Street Number Display: Yes
  • Living Area: 1430
  • Lot Acreage: 0.1509
  • Probate: Yes
  • Stories: 1
  • Year Built: 1952
  • Number Of Photos: 75
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace Rooms: Dining, Living Room, Kitchen, Bath
  • Flooring: Carpet, Linoleum, Stone Tile
  • Appliances: Free Standing Gas
  • Bedrooms: 4
  • Bedroom Features: Main Floor Bedroom
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 593.71

Exterior Features

  • Construction: Stucco
  • Other Structures: None
  • Foundation Details: Raised
  • Roof: Composition, Shingle
  • View: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Garage: Parking Space, Garage - 3 Car, Driveway
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Heating: Wall
  • Sewer: In Street
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 50.26
  • Assessed Improvement Value: 22612
  • Assessed Land Percent: 49.74
  • Assessed Land Value: 22377
  • Total Assessed Value: 44989
  • Assessor Parcel Number: 5051-023-027
  • Lot Description: Value In Land, Front Yard
  • Lot Location: City
  • Lot Size Area: 6573

Rental Info

  • Court Approve: No
  • Owner Pays: Gardener, Water
  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Apr 24, 2024
Sold by
Hammons Wanda C and Allen George F
Bought by
Haas Newport Llc
Seller's Agent
Giuseppe Zumbo
Corcoran Icon Properties
Buyer's Agent
Ash Ghavami
Re/Max Luxe
List Price
$849,000
Sold Price
$905,000
Premium/Discount to List
$56,000
6.6%
Views
44
Current Estimated Value
$916,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,439
Avg. Annual Appreciation
1.60%
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
Haas Newport Llc $905,000 Chicago Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $905,000 +6.6% $633 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $849,000 -- $594 / 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 $9,096 $923,100 $647,700 $275,400
2024 $9,096 $729,300 $510,000 $219,300
2023 $901 $45,888 $22,824 $23,064
2022 $874 $44,989 $22,377 $22,612
2021 $854 $44,108 $21,939 $22,169
2019 $837 $42,802 $21,290 $21,512
2018 $733 $41,964 $20,873 $21,091
2016 $690 $40,336 $20,063 $20,273
2015 $683 $39,731 $19,762 $19,969
2014 $703 $38,953 $19,375 $19,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-374179

The MLS

APN: 5051-023-027