NOT LISTED FOR SALE

3117 Minnesota St Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $703,690 - $1,520,000

1 Bed
1 Bath
700 Sq Ft
$1,358/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $372,000 $531 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $5,820/month

Highlights

  • City View
  • Open Floorplan
  • Quartz Countertops
  • Abraham Lincoln High School Rated A
  • Engineered Wood Flooring
  • 3-minute walk to Ela Park

About This Home

As of December 2022

House with a beautiful panoramic view of DTLA available for rent starting on January 1, 2023. Located at the hilltop in Lincoln Heights, you will have quick and easy access to DTLA, USC hospital, Arts District, Highland Park, Echo Park, and to all the major highways. The house is approximately 700 sf with 1 bedroom, 1 bath, and 1 bonus room set up as an office. The french door by the kitchen leads out to a large shaded balcony to enjoy the morning sunrise and evening sunset. The common space has a wall mount ac/heater unit. The house was fully renovated 1 year ago with new wood floor, tiles, fixtures, kitchen and bathroom cabinets, and new stovetop and washer and dryer. Landscaping was recently done with drought tolerant plants. The property is a thru lot with 2 detached homes, the other occupied by the owner. Each house has its own street access so tenant will have full privacy. Street parking with plenty of space. The back street leads to a trail where you get a 360 view of Los Angeles. Will consider small pets. The rent includes water and electricity and will come unfurnished.

Last Agent to Rent the Property

Sabina Lee

Masters Realty & Investment License #01973840 Listed on: 12/05/2022

Last Renter's Agent

Sabina Lee

Masters Realty & Investment License #01973840 Listed on: 12/05/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,670

Year Built

  • 1924

Lot Details

  • 4,810 Sq Ft Lot
  • South Facing Home
  • Drip System Landscaping

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Updated or Remodeled

Interior Spaces

  • 700 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • French Doors
  • Living Room
  • Home Office
  • Engineered Wood Flooring
  • City Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • 220 Volts
  • Tankless Water Heater

Listing and Financial Details

  • Security Deposit $2,800
  • Tenant pays for gas
  • Rent includes electricity, water, trash collection
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,670

Year Built

1924

Lot Details

0

Rental Info

  • Credit Report Amount: 30.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Electricity, Water, Trash Collection
  • Security Deposit: 2800
  • Tenant Pays: Gas

Listing Details

  • Property Type: Residential Lease
  • Style: Bungalow
  • Single Family Or Apt: Single Family
  • Levels: One
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 700
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1924

Interior Features

  • Interior Amenities: 220V Throughout, Drywall Walls, Storage Space, Open Floor Plan, Living Room Balcony
  • Flooring: Engineered Hardwood
  • Appliances: Free Standing Gas
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower Over Tub, Tile, Under Vanity Lighting
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: In Kitchen
  • Kitchen Features: Remodeled, Quartz Counters
  • Laundry: Inside
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 4.00

Exterior Features

  • Direction Faces: South
  • Other Features: Rain Gutters, French Doors, Balcony
  • Pool: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: On street

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Wall, Wall Electric

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Sprinklers: Drip System
  • Assessor Parcel Number: UNAVAILABLE
  • Lot Size Area: 4810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2014
Closed on
Jul 23, 2014
Sold by
Alba Joe B
Bought by
Lee Ji Won
Seller's Agent
Trey Hohman
Nourmand & Associates-HW
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$349,000
Sold Price
$372,000
Premium/Discount to List
$23,000
6.59%
Current Estimated Value
$950,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$578,923
Avg. Annual Appreciation
8.66%
Original Mortgage
$297,600
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 28, 2004
Sold by
Alba David J
Bought by
Alba Joe and Alba Carmen

Purchase Details

Closed on
Jun 2, 1999
Sold by
Alba Jose B
Bought by
Alba Joe B and Alba Carmen
Source: Public Records

Range of Values:

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Average Value
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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
Lee Ji Won $372,000 California Title Company
Alba Joe -- --
Alba Joe B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Ji Won $290,000
Previous Owner Lee Ji Won $297,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2022 12/18/22 Rented $2,800 0.0% --
12/05/2022 12/05/22 For Rent $2,800 0.0% --
09/19/2014 09/19/14 Sold $372,000 +6.6% $554 / Sq Ft
07/03/2014 07/03/14 For Sale $349,000 -- $519 / 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 $7,670 $625,830 $357,665 $268,165
2024 $7,670 $613,559 $350,652 $262,907
2023 $7,524 $601,529 $343,777 $257,752
2022 $7,177 $589,736 $337,037 $252,699
2021 $7,083 $578,174 $330,429 $247,745
2020 $7,153 $572,246 $327,041 $245,205
2019 $4,903 $400,784 $320,629 $80,155
2018 $4,855 $392,927 $314,343 $78,584
2016 $4,560 $377,672 $302,138 $75,534
2015 $4,493 $372,000 $297,600 $74,400
2014 $1,949 $147,363 $120,053 $27,310
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2022

    Sabina Lee

    Masters Realty & Investment

    Section Image

  • T

    Seller's Agent in 2014

    Trey Hohman

    Nourmand & Associates-HW

    Section Image

  • S

    Buyer's Agent in 2014

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 22-223121

The MLS

APN: 5208-014-022

California Los Angeles County Los Angeles 90031 Lincoln Heights

3117 Minnesota St, Los Angeles, CA

This home is located at 3117 Minnesota St, Los Angeles, CA 90031 since 05 December 2022 and is currently priced at $950,923. This property was built in 1924. 3117 Minnesota St is a home located in Los Angeles County with nearby schools including Gates Street Elementary, Florence Nightingale Middle, and Abraham Lincoln High School.

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