NOT LISTED FOR SALE

Estimated Value: $777,000 - $961,000

2 Beds
1 Bath
692 Sq Ft
$1,314/Sq Ft Est. Value

Last Sold February 26, 2024

Last sale price $800,000 $1,156 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,106/month

117 Days on Market

Highlights

  • Panoramic View
  • Multi-Level Bedroom
  • Cooling System Mounted To A Wall/Window
  • Abraham Lincoln High School Rated A
  • No HOA
  • Laundry Room

About This Home

As of February 2024

Time is of the essence to purchase a property with incredible views. Tremendous amount of potential here. Mt. Washington is a highly desirable neighborhood. Not many homeowners sell in this location. If you are looking for a great starter home, this is it! If you are a developer/investor looking to add lots of value to this property, this is also it!! This 2 bedroom, 1 bathroom ''diamond in the rough'' is waiting to be transformed into a true gem. The property is ideal for investors or those with a knack for handy work, eager to bring their personal touch and a little TLC. With its prime location and untapped possibilities, this home is a rare find. Don't miss the chance to turn this blank slate into your dream residence or a lucrative investment. Close to restaurants, shopping, and minutes from downtown LA.

Last Agent to Sell the Property

Michael Tucker

Pacific Home Brokers License #01484869 Listed on: 10/04/2023

Pacific Home Brokers

Last Buyer's Agent

Collin Ellingson

Compass License #02037425

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,006

Year Built

  • Built in 1927

Lot Details

  • 5,446 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR1

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Split Level Home

Interior Spaces

  • 692 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Exterior Lighting
  • Urban Location

Community Details

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Listing and Financial Details

  • Tax Tract Number 15
  • Assessor Parcel Number 5455004039

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,006

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5455004039
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 692.00
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Gas, Living Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1156.07
  • Room Type: Kitchen, Laundry, Living Room, Multi-Level Bedroom

Exterior Features

  • View: City Lights, Hills, Mountain(s), Neighborhood, Panoramic
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Mountainous, Sidewalks, Storm Drains, Street Lights, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5446.00
  • Lot Size Acres: 0.1250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5446.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: Lot 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Feb 8, 2024
Sold by
Lelia G Settle Revocable Trust
Bought by
Bendett Nino and Bendett Daniel
Seller's Agent
Michael Tucker
Pacific Home Brokers
Buyer's Agent
Collin Ellingson
Compass
List Price
$735,000
Sold Price
$800,000
Premium/Discount to List
$65,000
8.84%
Views
148
Current Estimated Value
$917,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,190
Avg. Annual Appreciation
9.15%
Original Mortgage
$760,000
Outstanding Balance
$748,162
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$160,965

Purchase Details

Closed on
Sep 21, 2020
Sold by
Settle Lelia G
Bought by
Settle Lelia G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

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

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
Bendett Nino $800,000 Ticor Title
Settle Lelia G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bendett Nino $760,000
Previous Owner Settle Lelia G $190,500
Previous Owner Settle Lelia $160,000
Previous Owner Settle Lelia $115,000
Previous Owner Settle Lelia $81,300
Previous Owner Settle Lelia $67,000
Previous Owner Settle Lelia $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $800,000 +8.8% $1,156 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
11/27/2023 11/27/23 Price Changed $735,000 0.0% $1,062 / Sq Ft
11/27/2023 11/27/23 For Sale $735,000 -18.2% $1,062 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
11/12/2023 11/12/23 For Sale $899,000 0.0% $1,299 / Sq Ft
11/06/2023 11/06/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $899,000 -- $1,299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,006 $663,000 $530,400 $132,600
2024 $1,006 $78,472 $37,496 $40,976
2023 $987 $76,934 $36,761 $40,173
2022 $941 $75,427 $36,041 $39,386
2021 $925 $73,949 $35,335 $38,614
2020 $930 $73,192 $34,973 $38,219
2019 $896 $71,758 $34,288 $37,470
2018 $877 $70,352 $33,616 $36,736
2016 $827 $67,621 $32,311 $35,310
2015 $815 $66,606 $31,826 $34,780
2014 $826 $65,302 $31,203 $34,099
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2304858

California Regional Multiple Listing Service (CRMLS)

APN: 5455-004-039