NOT LISTED FOR SALE

Estimated Value: $807,000 - $1,355,000

2 Beds
2 Baths
1,300 Sq Ft
6,155 Sq Ft Lot

Last Sold July 08, 2015

Last sale price $685,000 $527 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,594/month

Highlights

  • All Bedrooms Downstairs
  • City Lights View
  • Spanish Architecture
  • Two Primary Bedrooms
  • Wood Flooring
  • Den

About This Home

As of January 2023

DOWNSTAIRS UNIT. Welcome to The House at Virginia Rd, a newly renovated Spanish-style fourplex in West Adams. Built in 1930, this gated compound has been completely updated from top to bottom, in a way that maintains the charm of the original building. Throughout the unit, you'll find architectural touches that give each space a unique, art-deco feel. This 2BD, 2BA unit features new hardwood floors, custom cabinetry, new stainless steel appliances, stacked washer & dryer, plenty of storage and newly installed era-specific tile in the kitchen and bathrooms. The unit has secure parking and access to community amenities. Enjoy your morning coffee in the beautifully landscaped garden in the front or head up to the Juliet balcony to soak in the views of the Downtown LA skyline at sunset. Conveniently located near 2 Metro Lines, this place is perfect for those looking for an easy and quick commute to Culver City or DTLA. Photos may be of a similar unit. Unit won't be available until end of January/beginning of February.

Last Agent to Rent the Property

Kevin Pankow

Douglas Elliman of California, Inc. License #02068307 Listed on: 01/06/2023

Douglas Elliman of California, Inc.

Co-Listed By

Andrew Rhoda

Carolwood Estates License #01879250

Last Renter's Agent

Kevin Pankow

Douglas Elliman of California, Inc. License #02068307 Listed on: 01/06/2023

Douglas Elliman of California, Inc.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,206

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • East Facing Home
  • Fenced

Parking

  • 1 Car Garage
  • Automatic Gate
  • Assigned Parking

Property Views

  • City Lights
  • Hills

Home Design

  • Spanish Architecture
  • Stucco

Interior Spaces

  • 1,300 Sq Ft Home
  • 2-Story Property
  • Wired For Data
  • Recessed Lighting
  • Double Pane Windows
  • Entryway
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Security Lights

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Double Master Bedroom
  • Walk-In Closet
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Double Vanity
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Two cooling system units
  • Central Heating and Cooling System
  • Property is located within a water district
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $8,000
  • Tenant pays for cable TV, electricity, gas, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5050-027-039

Community Details

Overview

  • 4 Units
  • Low-Rise Condominium

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$10,206

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Credit Report Required: Yes
  • Land Lease Purchase Yn: No
  • Security Deposit: 8000
  • Tenant Pays: Cable TV, Electricity, Gas, Water

Listing Details

  • Property Type: Residential Lease
  • Style: Spanish
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Welcome to The House at Virginia Rd, a newly renovated Spanish-style fourplex in West Adams. Built in 1930, this gated compound has been updated from top to bottom, in a way that maintains the charm of the original building. You'll find architectural touches that give each space a unique, art-deco feel. This 2BD/2BA unit features new hardwood floors, custom cabinetry, new stainless steel appliances, stacked washer & dryer, storage and newly installed era-specific tile in the kitchen and bathrooms. The unit has secure parking and access to community amenities. Enjoy your morning coffee in the beautifully landscaped garden in the front or head up to the Juliet balcony to soak in the views of the Downtown LA skyline at sunset. Conveniently located near 2 Metro Lines, this place is perfect for those looking for an easy and quick commute to Culver City or DTLA. Photos may be of a similar unit
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1+Year
  • Living Area: 1300
  • Lot Acreage: 0.1413
  • Monthto Month: No
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1930
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Amenities: Laundry - Closet Stacked, Mirrored Closet Door(s), Recessed Lighting, Pre-wired for high speed Data
  • Flooring: Wood
  • Appliances: Built-In Gas, Convection Oven, Cooktop - Gas, Gas, Oven, Oven-Gas, Range, Range Hood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: 2 Master Bedrooms, All Bedrooms Down, Master Bedroom, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s), Shower and Tub, Remodeled, Low Flow Toilet(s), Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Counter Top, Pantry, Remodeled
  • Laundry: In Closet, In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Hood Fan, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 3.08
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City, City Lights, Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Covered Parking, Detached, Garage - 1 Car, Garage Is Detached
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central, Dual
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Exterior Security Lights, Smoke Detector
  • Water: District

Association/Amenities

  • Amenities: Controlled Access
  • Pet Rules: Call

Schools

  • School District: Los Angeles Unified

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5050-027-039
  • Lot Description: Automatic Gate, Exterior Security Lights, Fenced, Gutters
  • Lot Location: Flats
  • Lot Size Area: 6155

Multi Family

  • Number Of Units: 4

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 29, 2015
Sold by
Maghen Shaban
Bought by
Financial Fitness Llc and 2M Trust
Seller's Agent
JAMES JENNINGS
Top Sales Real Estate Services
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$745,900
Sold Price
$685,000
Premium/Discount to List
-$60,900
-8.16%
Current Estimated Value
$1,078,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,000
Avg. Annual Appreciation
4.48%

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 26, 2015
Sold by
Fannie Mae
Bought by
Maghen Shaban and Maghen Mahin
Seller's Agent
JAMES JENNINGS
Top Sales Real Estate Services
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$745,900
Sold Price
$685,000
Premium/Discount to List
-$60,900
-8.16%

Purchase Details

Closed on
Jul 6, 2010
Sold by
Haynes Theresa L
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Financial Fitness Llc -- Fidelity National Title Co
Maghen Shaban $685,000 Fidelity National Title Co
Federal National Mortgage Association $507,224 Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Financial Fitness Llc $863,000
Previous Owner Haynes Theresa L $477,000
Previous Owner Haynes Theresa L $417,000
Previous Owner Haynes Theresa L $380,000
Previous Owner Haynes Theresa L $227,000
Previous Owner Haynes Theresa L $156,000
Previous Owner Haynes Theresa L $117,000
Previous Owner Haynes Theresa L $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Rented $4,000 0.0% --
01/06/2023 01/06/23 For Rent $4,000 +14.3% --
07/14/2020 07/14/20 Rented $3,500 0.0% --
06/14/2020 06/14/20 For Rent $3,500 +9.4% --
03/04/2019 03/04/19 Rented $3,200 0.0% --
03/04/2019 03/04/19 Off Market $3,200 -- --
02/19/2019 02/19/19 Price Changed $3,200 -8.6% $2 / Sq Ft
02/13/2019 02/13/19 For Rent $3,500 0.0% --
07/08/2015 07/08/15 Sold $685,000 -8.2% $135 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/27/2015 04/27/15 For Sale $745,900 -- $147 / 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 $10,206 $810,892 $568,218 $242,674
2024 $10,206 $794,993 $557,077 $237,916
2023 $10,020 $779,405 $546,154 $233,251
2022 $9,573 $764,124 $535,446 $228,678
2021 $9,430 $749,143 $524,948 $224,195
2019 $9,158 $726,926 $509,379 $217,547
2018 $9,032 $712,674 $499,392 $213,282
2016 $8,596 $685,000 $480,000 $205,000
2015 $6,785 $533,001 $319,801 $213,200
2014 $6,832 $522,561 $313,537 $209,024
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-230089

The MLS

APN: 5050-027-039