2942 Chesapeake Ave Los Angeles, CA 90016
West Adams Neighborhood
3
Beds
1
Bath
1,144
Sq Ft
5,851
Sq Ft Lot
Highlights
- Craftsman Architecture
- Bonus Room
- Garage
- Wood Flooring
- No HOA
- 3-minute walk to Vineyard Recreational Center
About This Home
As of June 2017Lush drought tolerant front landscaping welcomes you to this 1924 Craftsman Style Home in desirable Mid L. A.! This 3 bedroom starter home on large lot has been in the family since the 1950's. It offers endless possibilities with a spacious living room, formal dining room with bay windows, large open kitchen and hardwood floors throughout. Offering grape vines with two varieties of grapes, a lemon tree and a tree with stone fruit - either peach or apricot, these are many of the elements that make this home inviting as it awaits your special touch to reawaken its charm. This centrally located Leimert Park and West Adams adjacent neighborhood is just minutes to downtown L.A., USC, LAX, Expo Metro Line, Frwy and more.... Trust Sale - No Court Approval Required!
Last Agent to Sell the Property
Sibongile West
Justice Ray Realty License #00950761 Listed on: 07/11/2016
Last Buyer's Agent
Isaac Marroquin
Ayden Tyler Realty License #01981660
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,137
Year Built
- Built in 1924
Lot Details
- 5,851 Sq Ft Lot
- Property is zoned LAR1
Parking
- Garage
Home Design
- Craftsman Architecture
Interior Spaces
- 1,144 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Bonus Room
- Laundry Room
Flooring
- Wood
- Linoleum
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Floor Furnace
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5057-018-020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 11, 2020
Sold by
Ahmady Susan and Isom Marcus
Bought by
Isom Marcus
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
3.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 5, 2017
Sold by
Evergreen Investment Properties Llc
Bought by
Isom Marcus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 11, 2016
Closed on
Oct 11, 2016
Sold by
The Mary Louise Coleman Living Trust
Bought by
Evergreen Investment Properties Llc
Seller's Agent
Sibongile West
Justice Ray Realty
Buyer's Agent
Isaac Marroquin
Ayden Tyler Realty
List Price
$506,000
Sold Price
$500,000
Premium/Discount to List
-$6,000
-1.19%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%
Purchase Details
Closed on
Jan 14, 2008
Sold by
Coleman Mary Louise and The Roland Lee Sr & Mary Louis
Bought by
Coleman Mary Louise and The Mary Louise Coleman Living
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
3.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Jan 10, 2008
Sold by
Coleman Roland Lee and Coleman Mary Louise
Bought by
Coleman Mary Louise
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
3.8%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Dec 14, 1998
Sold by
Coleman Roland Lee and Coleman Mary Louise
Bought by
The Roland Lee Sr & Mary Louise Coleman
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | $790,000 | First American Title Company | |
| Grant Deed | $500,000 | Fidelity Sherman Oaks | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $744,000 | New Conventional | |
| Closed | $745,000 | New Conventional | |
| Previous Owner | $632,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/06/2017 06/06/17 | Sold | $790,000 | -1.2% | $485 / Sq Ft |
| 04/01/2017 04/01/17 | Pending | -- | -- | -- |
| 03/23/2017 03/23/17 | For Sale | $799,900 | +60.0% | $491 / Sq Ft |
| 10/25/2016 10/25/16 | Sold | $500,000 | -1.2% | $437 / Sq Ft |
| 10/04/2016 10/04/16 | Pending | -- | -- | -- |
| 10/01/2016 10/01/16 | For Sale | $506,000 | 0.0% | $442 / Sq Ft |
| 08/03/2016 08/03/16 | Pending | -- | -- | -- |
| 07/11/2016 07/11/16 | For Sale | $506,000 | -- | $442 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $11,137 | $898,881 | $557,534 | $341,347 |
| 2023 | $10,927 | $881,256 | $546,602 | $334,654 |
| 2022 | $10,426 | $863,978 | $535,885 | $328,093 |
| 2021 | $10,295 | $847,038 | $525,378 | $321,660 |
| 2019 | $9,990 | $821,916 | $509,796 | $312,120 |
| 2018 | $9,832 | $805,800 | $499,800 | $306,000 |
| 2016 | $556 | $38,804 | $20,684 | $18,120 |
| 2015 | $549 | $38,222 | $20,374 | $17,848 |
| 2014 | $562 | $37,474 | $19,975 | $17,499 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Thorman
Seller's Agent in 2017
Jason Thorman
eXp Realty of California Inc
(714) 931-0724
155 Total Sales
-
Jimmy Heckenberg
Buyer's Agent in 2017
Jimmy Heckenberg
Rodeo Realty
(310) 650-1116
1 in this area
162 Total Sales
-
S
Seller's Agent in 2016
Sibongile West
Justice Ray Realty
-
Deborah Justice
Seller Co-Listing Agent in 2016
Deborah Justice
Justice Ray Realty
(323) 935-2564
13 Total Sales
-
I
Buyer's Agent in 2016
Isaac Marroquin
Ayden Tyler Realty
Map
Source: The MLS
MLS Number: 16-143318
APN: 5057-018-020
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.
© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 2925 Potomac Ave
- 2840 Potomac Ave Unit 1/2
- 3033 Vineyard Ave
- 2937 West Blvd
- 2700 S Palm Grove Ave
- 2709 S Harcourt Ave
- 2818 Hillcrest Dr
- 3421 Hillcrest Dr
- 2853 Buckingham Rd
- 4427 Exposition Blvd
- 3444 Hillcrest Dr
- 2822 Buckingham Rd
- 3443 West Blvd
- 2843 Virginia Rd
- 3031 Virginia Rd
- 4905 W Adams Blvd
- 3501 Hillcrest Dr
- 3524 Chesapeake Ave
- 2949 S Harcourt Ave
- 2531 Hillcrest Dr