2958 Somerset Dr Los Angeles, CA 90016
West Adams Neighborhood
2
Beds
1
Bath
1,181
Sq Ft
5,526
Sq Ft Lot
Highlights
- Wood Flooring
- No HOA
- Laundry Room
- Spanish Architecture
- Slab Porch or Patio
- Ceiling Fan
About This Home
As of March 2021An investor's delight! This Spanish style home is located near the Jefferson Park and Mid City area, in the heart of Los Angeles. Only twenty minutes from downtown LA, beaches, Culver City, or LAX. Perfect opportunity if you are looking to build your dream home in the city. Property consists of two spacious bedrooms and one bathroom, with space to add additional bedroom and bathroom. More importantly this property is designated as an R2 zoning, so a secondary unit can be built if desired! Located on a corner lot, with this much potential, this home will no last!
Last Agent to Sell the Property
Polly Watts
Sundae Homes License #00895696 Listed on: 04/14/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,022
Year Built
- Built in 1925
Lot Details
- 5,526 Sq Ft Lot
- Wrought Iron Fence
- Wood Fence
- Block Wall Fence
- Back and Front Yard
- Property is zoned LARD2
Home Design
- Spanish Architecture
- Raised Foundation
- Clay Roof
- Stucco
Interior Spaces
- 1,181 Sq Ft Home
- Ceiling Fan
- Living Room with Fireplace
- Wood Flooring
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Slab Porch or Patio
- No Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 146
- Tax Tract Number 5780
- Assessor Parcel Number 5050019031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2021
Closed on
Mar 9, 2021
Sold by
House Of Saul Llc
Bought by
Yahalom Jonathan
Seller's Agent
Pamela Rich
The Agency
Buyer's Agent
Ruth Rose
The ONE Luxury Properties
List Price
$878,000
Sold Price
$1,005,550
Premium/Discount to List
$127,550
14.53%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,373
Avg. Annual Appreciation
3.90%
Original Mortgage
$570,000
Outstanding Balance
$515,587
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$671,593
Purchase Details
Closed on
May 12, 2018
Sold by
Manheim Alison
Bought by
House Of Saul Llc
Purchase Details
Listed on
Oct 28, 2017
Closed on
Dec 26, 2017
Sold by
Fm Real Estate Llc
Bought by
Manheim Alison and Hernandez Saul
Seller's Agent
Luisa Ferrante
Sotheby's International Realty
Buyer's Agent
Pamela Rich
The Agency
List Price
$799,000
Sold Price
$765,000
Premium/Discount to List
-$34,000
-4.26%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$453,100
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 14, 2017
Closed on
Apr 29, 2017
Sold by
Stockpile Property Ventures Llc
Bought by
Fm Real Estate Llc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Matt Miller
FTRE CA Inc.
List Price
$579,900
Sold Price
$575,000
Premium/Discount to List
-$4,900
-0.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.22%
Original Mortgage
$345,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Listed on
Apr 14, 2017
Closed on
Apr 26, 2017
Sold by
Breckenridge Property Fund 2016 Llc
Bought by
Stockpile Property Venturesllc
Seller's Agent
Polly Watts
Sundae Homes
Buyer's Agent
Matt Miller
FTRE CA Inc.
List Price
$579,900
Sold Price
$575,000
Premium/Discount to List
-$4,900
-0.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2017
Sold by
Ramirez Maria Del Carmen
Bought by
Breckenridge Property Fund 2016 Llc
Purchase Details
Closed on
Oct 3, 2005
Sold by
Lopez Juan De Dios
Bought by
Ramirez Maria Del Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 9, 2002
Sold by
Calacuas Sam
Bought by
Lopez Juan Dedios and Ramirez Maria Delcarmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.71%
Similar Homes in Los Angeles, CA
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 |
|---|---|---|---|
| Grant Deed | $1,006,000 | Lawyers Title | |
| Grant Deed | -- | None Available | |
| Grant Deed | $765,000 | Lawyers Title | |
| Grant Deed | $575,000 | Lawyers Title Insurance Co | |
| Grant Deed | $575,000 | None Available | |
| Trustee Deed | $525,500 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Grant Deed | $170,000 | Old Republic Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $570,000 | New Conventional | |
| Previous Owner | $453,100 | New Conventional | |
| Previous Owner | $345,000 | New Conventional | |
| Previous Owner | $335,000 | Unknown | |
| Previous Owner | $285,000 | New Conventional | |
| Previous Owner | $223,500 | Unknown | |
| Previous Owner | $170,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/19/2021 03/19/21 | Sold | $1,005,550 | +14.5% | $851 / Sq Ft |
| 02/22/2021 02/22/21 | Pending | -- | -- | -- |
| 02/12/2021 02/12/21 | For Sale | $878,000 | 0.0% | $743 / Sq Ft |
| 03/05/2018 03/05/18 | Rented | $3,400 | +6.3% | -- |
| 02/12/2018 02/12/18 | Under Contract | -- | -- | -- |
| 02/07/2018 02/07/18 | For Rent | $3,200 | 0.0% | -- |
| 12/29/2017 12/29/17 | Sold | $765,000 | -0.5% | $648 / Sq Ft |
| 12/21/2017 12/21/17 | Pending | -- | -- | -- |
| 12/01/2017 12/01/17 | Price Changed | $769,000 | -3.8% | $651 / Sq Ft |
| 10/28/2017 10/28/17 | For Sale | $799,000 | +39.0% | $677 / Sq Ft |
| 05/11/2017 05/11/17 | Sold | $575,000 | -0.8% | $487 / Sq Ft |
| 04/21/2017 04/21/17 | Pending | -- | -- | -- |
| 04/14/2017 04/14/17 | For Sale | $579,900 | -- | $491 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $13,022 | $1,067,042 | $853,634 | $213,408 |
| 2023 | $12,772 | $1,046,121 | $836,897 | $209,224 |
| 2022 | $12,180 | $1,025,610 | $820,488 | $205,122 |
| 2021 | $9,747 | $804,150 | $643,320 | $160,830 |
| 2020 | $9,846 | $795,905 | $636,724 | $159,181 |
| 2019 | $9,457 | $780,300 | $624,240 | $156,060 |
| 2018 | $9,342 | $765,000 | $612,000 | $153,000 |
| 2016 | $2,570 | $207,978 | $166,387 | $41,591 |
| 2015 | $2,533 | $204,855 | $163,888 | $40,967 |
| 2014 | $2,550 | $200,843 | $160,678 | $40,165 |
Source: Public Records
Agents Affiliated with this Home
-
Pamela Rich
Seller's Agent in 2021
Pamela Rich
The Agency
(310) 666-7424
1 in this area
24 Total Sales
-
Ruth Rose
Buyer's Agent in 2021
Ruth Rose
The ONE Luxury Properties
(818) 865-9073
1 in this area
42 Total Sales
-
P
Seller's Agent in 2017
Polly Watts
Sundae Homes
-
L
Seller's Agent in 2017
Luisa Ferrante
Sotheby's International Realty
-
Matt Miller
Buyer's Agent in 2017
Matt Miller
FTRE CA Inc.
(949) 467-4966
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS17079169
APN: 5050-019-031
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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
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