NOT LISTED FOR SALE

Estimated Value: $1,886,000 - $1,979,000

6 Beds
6 Baths
3,476 Sq Ft
$559/Sq Ft Est. Value

Last Sold January 03, 2025

Last sale price $1,974,000 $568 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $12,154/month

45 Days on Market

Highlights

  • Newly Remodeled
  • Engineered Wood Flooring
  • Breakfast Area or Nook
  • Fireplace in Kitchen
  • Spanish Architecture
  • Double Vanity

About This Home

As of January 2025

Beautifully restored Spanish-style property in the vibrant heart of West Adams, offering a unique four-unit arrangement with four parking spots on an extra large 7,774 sqft lot. The main house and attached ADU are both delivered vacant and were fully gut renovated in 2020 and 2021. The two story detached new construction duplex at the rear of the property was completed in 2022, providing a versatile living and income-generating opportunity.Inside the approx.1,810 sqft, 3 bedroom, 2.5 bathroom main house, a light-filled living room welcomes you with soaring ceilings and elegant archways, creating a sense of openness not always seen in Spanish style homes. The dedicated dining and breakfast areas flow seamlessly into the large, open kitchen, designed for the home chef. Granite countertops, stainless steel appliances, a breakfast bar, and ample pantry storage elevate the space. An adjoining nook offers a cozy spot for casual dining or a home office, overlooking the refreshed front garden. The primary bedroom is a peaceful retreat, with generous closet space and an en-suite bathroom featuring a double vanity and skylight. Two additional bedrooms share a Jack-and-Jill bathroom, perfect for family or guests.The attached ADU features its own private entrance, flooding the space with natural light. It includes a kitchenette, large bathroom, and convenient stacked washer/dryer, making it ideal for guests, a private office or additional rental income. For added flexibility, the ADU can easily be connected to the main house by removing a small entryway, offering a seamless expansion option if desired.The two detached units at the rear, built in 2022, are currently tenant-occupied. The upper studio apartment features vaulted ceilings and balcony and is currently leased for $2,395/mo, while the lower one-bedroom unit is currently leased for $2,317/mo. Both units are new construction and non-RSO.If desired, the property also works great as a straight investment property and all four units can be rented for approximately $144,000/year.During the renovations, the property was fully gut renovated with extensive work done to the foundation and sewer line, as well as earthquakebolting on the front house completed by Seismic Safety. All four units are upgraded with AC/heating systems, laundry and dishwasher in kitchens.Just steps away from some of West Adams' most popular spots like Highly Likely, Cento, Alta, NSoto and Bee Taqueria, and minutes from Whole Foods, West Adams Pilates, and cozy neighborhood coffee shops, this property places you at the heart of one of LA's most dynamic districts.

Last Listed By

Jose Prats

Christie's International Real Estate SoCal License #01883248 Listed on: 10/11/2024

Christie's International Real Estate SoCal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,245

Year Built

  • Built in 1927 | Newly Remodeled

Lot Details

  • 7,774 Sq Ft Lot
  • Lot Dimensions are 50x155
  • West Facing Home

Home Design

  • Spanish Architecture
  • Additions or Alterations

Interior Spaces

  • 3,476 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Engineered Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Oven
  • Gas Cooktop
  • Freezer
  • Dishwasher
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Jack-and-Jill Bathroom
  • 6 Bathrooms
  • Double Vanity
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance, water, trash collection
  • The owner pays for gardener
  • Assessor Parcel Number 5050-026-042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,245

Year Built

Built in 1927 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: One, Two
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 3476
  • Lot Acreage: 0.1785
  • Lot Dimensions: 50x155
  • Property Condition: Updated/Remodeled, Additions/Alter, New Construction
  • Stories: 1
  • Year Built: 1927
  • Number Of Photos: 64
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 0
  • Number Dishwasher: 4
  • Number Range: 4
  • Number Refrigerator: 4
  • Fireplace Rooms: Kitchen, Living Room, Dining
  • Flooring: Engineered Hardwood
  • Appliances: Cooktop - Gas, Oven
  • Bedrooms: 6
  • Common Walls: Attached
  • Bathroom Features: Double Vanity(s), Dual Entry (Jack & Jill) Bath, Shower and Tub
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 6.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Range/Oven, Refrigerator, Stackable W/D Hookup, Washer
  • Price Per S Q F T: 603.86

Exterior Features

  • Direction Faces: West
  • Other Structures: Accessory Bldgs, Other
  • Pool: No
  • Spa Yn: No

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Assigned, Driveway
  • Total Parking: 4

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 166084
  • Assessed Land Percent: 80
  • Assessed Land Value: 664343
  • Total Assessed Value: 830427
  • Assessor Parcel Number: 5050-026-042
  • Lot Size Area: 7774

Rental Info

  • Number Leased: 2
  • Owner Pays: Gardener
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance, Water, Trash Collection

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.57
  • Number Of Units: 4
  • Total Annual Expense: 28814
  • Type Of Units: Units
  • Vacancy Rate: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Feb 12, 2025
Sold by
Natasha Oviedo Rennie Living Trust and Rennie Natasha Oviedo
Bought by
Felix Property Group Llc
Seller's Agent
Jose Prats
Christie's International Real Estate SoCal
Buyer's Agent
Sebastian Lorefice
Compass
List Price
$2,099,000
Sold Price
$1,974,000
Premium/Discount to List
-$125,000
-5.96%
Total Days on Market
45
Views
794
Current Estimated Value
$1,944,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,653
Avg. Annual Appreciation
-3.71%

Purchase Details

Closed on
Jul 14, 2022
Sold by
Brooke Safford
Bought by
Four West Boulevard Properties Llc

Purchase Details

Closed on
Feb 28, 2020
Sold by
3019 Vineyard Avenue Llc
Bought by
Safford Brooke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jan 22, 2019
Closed on
Jul 2, 2019
Sold by
Morris Sidney Allen
Bought by
3019 Vineyard Avenue Llc
Seller's Agent
TROY PETERS
The Troy Group
Buyer's Agent
TROY PETERS
The Troy Group
List Price
$949,900
Sold Price
$790,000
Premium/Discount to List
-$159,900
-16.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%
Original Mortgage
$632,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 26, 2018
Sold by
Morri
Bought by
Morri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.81%

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

Similar Homes in Los Angeles, CA

  • 1940 S La Salle Ave, Los Angeles, CA 90018

    $2,049,000

    • 6 Beds
    • 5 Baths
    • 3,681 Sq Ft
    • 1940 S La Salle Ave
    • Los Angeles, CA

    Live in a fully remodeled historic home and use the fully remodeled 3 apartment units to help pay your mortgage. Property includes 1942 and 1942 1/2 S. La Salle which are updated 1 bedroom 1 bath and 2 bedroom 1 bathroom apartments sitting above large, 2 car garages with ample storage. All units have new flooring, new kitchens and bathrooms, marble counters, and extensive upgrades throughout.

    Jeffrey Joiner Jeff Joiner

    Section Image
  • 1716 W 45th St, Los Angeles, CA 90062

    $1,745,000

    • 7 Beds
    • 6 Baths
    • 5,464 Sq Ft
    • 1716 W 45th St
    • Los Angeles, CA

    5-UNIT COMPLEX! Stylish cosmetic remodel with new hardwood laminate flooring throughout, kitchens, bathrooms, and fixtures. New roof and plenty of parking. Two-story Spanish 4plex with a detached 3 bedroom house (City records show 2 bed). Submit your best offer. Great access to Downtown L.A, and other major City hubs. West of Western, South of Vernon, North of Slauson. 1 unit is currently

    Koeun Hwang Happy Haus Inc.

    Section Image
  • 7401 Fountain Ave, Los Angeles, CA 90046

    $2,275,000

    • 8 Beds
    • 5 Baths
    • 6,040 Sq Ft
    • 7401 Fountain Ave
    • Los Angeles, CA

    Welcome to 7401 Fountain Avenue, a charming multi-unit property strategically positioned at the crossroads of West Hollywood and Los Angeles. This unique real estate offering comprises a four-unit apartment building (with one unit as Section 8) alongside a single-family home, which is currently configured as a one-bedroom, one-bathroom residence (previously two bedrooms). Marking its first

    Sebastian Wolski Compass

    Section Image
  • 1816 S La Brea Ave, Los Angeles, CA 90019

    $1,800,000

    • 8 Beds
    • 5 Baths
    • 4,076 Sq Ft
    • 1816 S La Brea Ave
    • Los Angeles, CA

    Well maintained and updated 5 Unit apartment building with rent at or near market rates. 4 units with 2BR/1BA and a studio in the rear with 3/4 bath and mini kitchen. Each unit has been updated and/or maintained with features such as stainless steel appliances, granite counter tops, wood flooring, recessed lighting, sconces, double pane windows and all the 2BR units have central AC/Heat and

    Paul Barbosa Century 21 Hollywood

    Section Image
  • 5144 W 21st St, Los Angeles, CA 90016

    $1,950,000

    • 6 Beds
    • 6 Baths
    • 4,612 Sq Ft
    • 5144 W 21st St
    • Los Angeles, CA

    New roof has been installed! Don't miss this prime investment opportunity in a hot market located in Mid City, Los Angeles. All units have been well kept. A two story six (6) unit apartment building all comprised of (2)Studios w/1bath and (4)1bed/1bath, with close proximity to the 10 Freeway and the Westside, this property offers tenants convenient access to freeway with parking on premises,

    Alan Cruz Equity Smart Real Estate Services

    Section Image
  • 4711 St Elmo Dr, Los Angeles, CA 90019

    $1,675,000

    • 6 Beds
    • 6 Baths
    • 2,903 Sq Ft
    • 4711 St Elmo Dr
    • Los Angeles, CA

    We are excited to present 4711 St Elmo Drive, a remarkable 5-unit property in Mid-City Heights, newly constructed between 2023 and 2024, offering a CURRENT 6.32% CAP RATE. This turnkey investment features three separate buildings situated on a 6,450 square foot lot. The front structure is a brand-new, one-bedroom, one-bath single-family home, completed in 2024, with no shared walls. The middle

    Ben Lalezari Realty Investment Advisors, Inc.

    Section Image
  • 5413 Homeside Ave, Los Angeles, CA 90016

    $1,549,000

    • 6 Beds
    • 5 Baths
    • 2,416 Sq Ft
    • 5413 Homeside Ave
    • Los Angeles, CA

    Beautiful Modern home with attached ADU located on a generous lot in the heart of West Adams. The beautifully renovated 4-bedroom, 3-bathroom main house (1616 sq. ft.) and 2-bedroom, 2-bathroom ADU (800 sq. ft.) offers modern living with incredible rental income potential. Nestled in one of LA's hottest neighborhoods, this beautifully renovated and gated single-family home seamlessly blends

    Melissa Zee Keller Williams Beverly Hills

    Section Image
  • 5076 Pickford St, Los Angeles, CA 90019

    $1,695,000

    • 7 Beds
    • 5 Baths
    • 4,405 Sq Ft
    • 5076 Pickford St
    • Los Angeles, CA

    5076 Pickford is a 5-unit multi-family property situated in the diverse and up-and-coming Mid City neighborhood of Los Angeles. On the corner of Alsace Avenue & Pickford Street, one block from Redondo this centrally located apartment building is close to restaurants, Sprouts, trendy cafes, shopping and public transportation. There are of three 1 bedroom 1 bath units, and two 2 bedroom 1 bath

    Stephen Doughty Coldwell Banker Platinum Prop

    Section Image
  • 1415 Nadeau Dr, Los Angeles, CA 90019

    $1,950,000

    • 5 Beds
    • 5 Baths
    • 3,532 Sq Ft
    • 1415 Nadeau Dr
    • Los Angeles, CA

    Tucked away in a quiet cul-de-sac in the historic Victoria Park neighborhood, this beautifully renovated two-story duplex sits on a generous and private 8,400 sqft lot. The primary owner's unit features 3 bedrooms and 3 bathrooms, while the upper unit offers 2 bedrooms, 2 bathrooms, and both a spacious front balcony and an expansive private deck overlooking the backyard. Both residences boast

    Allen Roth Sotheby's International Realty

    Section Image

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
Felix Property Group Llc -- --
Four West Boulevard Properties Llc -- --
Safford Brooke -- None Available
3019 Vineyard Avenue Llc $790,000 Lawyers Title Company
Morri -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Safford Brooke $140,000
Previous Owner Safford Brooke $980,000
Previous Owner 3019 Vineyard Avenue Llc $632,000
Previous Owner Morri --
Previous Owner Morris Norman $275,000
Previous Owner Morris Norman $220,000
Previous Owner Morris Norman $154,200
Previous Owner Morris Norman $138,750
Previous Owner Morris Norman $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $1,974,000 0.0% $568 / Sq Ft
01/03/2025 01/03/25 Sold $1,974,000 -6.0% $568 / Sq Ft
11/25/2024 11/25/24 Pending -- -- --
11/25/2024 11/25/24 Pending -- -- --
10/11/2024 10/11/24 For Sale $2,099,000 0.0% $604 / Sq Ft
10/11/2024 10/11/24 For Sale $2,099,000 0.0% $604 / Sq Ft
09/30/2021 09/30/21 Rented $4,500 0.0% --
09/20/2021 09/20/21 For Rent $4,500 0.0% --
07/08/2019 07/08/19 Sold $790,000 -2.5% $363 / Sq Ft
06/24/2019 06/24/19 Pending -- -- --
06/14/2019 06/14/19 Price Changed $809,900 -4.7% $372 / Sq Ft
04/30/2019 04/30/19 Price Changed $849,900 -5.6% $391 / Sq Ft
04/09/2019 04/09/19 Price Changed $899,900 -5.3% $414 / Sq Ft
01/22/2019 01/22/19 For Sale $949,900 -- $437 / 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
2024 $15,245 $847,034 $677,629 $169,405
2023 $15,047 $830,427 $664,343 $166,084
2022 $14,573 $814,145 $651,317 $162,828
2021 $14,305 $798,183 $638,547 $159,636
2020 $14,403 $790,000 $632,000 $158,000
2019 $8,670 $326,194 $202,029 $124,165
2018 $8,575 $319,799 $198,068 $121,731
2016 $3,823 $307,383 $190,378 $117,005
2015 $3,768 $302,767 $187,519 $115,248
2014 $3,789 $296,837 $183,846 $112,991
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-452039

The MLS

APN: 5050-026-042