NOT LISTED FOR SALE

Estimated Value: $1,446,000 - $2,236,000

3 Beds
2 Baths
2,592 Sq Ft
$688/Sq Ft Est. Value

Last Sold January 10, 2023

Last sale price $1,200,000 $463 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $10,371/month

55 Days on Market

Highlights

  • Accessory Dwelling Unit (ADU)
  • No HOA
  • 6 Car Attached Garage
  • Ivanhoe Elementary Rated A-
  • Cottage
  • Laundry Room

About This Home

As of January 2023

Rare opportunity to purchase a charming cottage with limitless potential in the heart of one of LA's hottest neighborhoods. Wall-to-wall windows and exceptional views with abundant natural light in an open and bright floor plan allow for a variety of configurations. Permitted as two separate units, can be used as one large home or as a rental property. Favorable zoning on an oversized lot, and delivered completely vacant means incredible upside.

Last Agent to Sell the Property

Sierus Erdelyi

TruLine Realty License #01870547 Listed on: 09/15/2022

Co-Listed By

Zachary Mink

TruLine Realty License #02044380

Last Buyer's Agent

Sierus Erdelyi

TruLine Realty License #01870547 Listed on: 09/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,089

Year Built

  • Built in 1905

Lot Details

  • 6,651 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • 6 Car Attached Garage

Home Design

  • Cottage

Interior Spaces

  • 2,592 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Accessory Dwelling Unit (ADU)
  • Gravity Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5434-006-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,089

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Living Area: 2592
  • Lot Acreage: 0.1527
  • Probate: Yes
  • Year Built: 1905
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 597.61

Exterior Features

  • Other Structures: GuestHouse, Accessory Dwelling Unit
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Garage Is Detached, Garage - 3 Car
  • Total Parking: 6

Utilities

  • Heating: Gravity

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5434-006-004
  • Lot Size Area: 6651

Rental Info

  • Court Approve: Yes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Nov 15, 2022
Sold by
Fitzpatrick Stephanie
Bought by
La Salle 2640 Ventures Llc
Seller's Agent
Sierus Erdelyi
TruLine Realty
Buyer's Agent
Sierus Erdelyi
TruLine Realty
List Price
$1,699,000
Sold Price
$1,200,000
Premium/Discount to List
-$499,000
-29.37%
Views
30
Current Estimated Value
$1,672,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,758
Avg. Annual Appreciation
16.40%
Original Mortgage
$1,393,636
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2007
Sold by
Fitzpatrick Stephanie
Bought by
Fitzpatrick Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2005
Sold by
Fitzpatrick Stephanie
Bought by
Fitzpatrick Stephanie and Louise Welch Fitzpatrick Family Trust

Purchase Details

Closed on
Jul 11, 2002
Sold by
Fitzpatrick Louise W
Bought by
Fitzpatrick Louise W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.6%

Purchase Details

Closed on
Jun 12, 2002
Sold by
Fitzpatrick Louise W
Bought by
Fitzpatrick Louise W and Louise Fitzpatrick Revocable Family Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6.6%

Purchase Details

Closed on
Oct 8, 1999
Sold by
Burke Carol A
Bought by
Fitzpatrick Louise W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
La Salle 2640 Ventures Llc $1,200,000 Fidelity National Title Insura
Fitzpatrick Stephanie -- United Title Company
Fitzpatrick Stephanie -- None Available
Fitzpatrick Louise W -- Southland Title
Fitzpatrick Louise W -- Southland Title Corporation
Fitzpatrick Louise W $290,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Salle 2640 Ventures Llc $1,687,500
Previous Owner La Salle 2640 Ventures Llc $1,393,636
Previous Owner Fitzpatrick Stephanie $636,000
Previous Owner Fitzpatrick Stephanie $500,000
Previous Owner Fitzpatrick Louise W $380,000
Previous Owner Fitzpatrick Louise W $232,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2023 01/10/23 Sold $1,200,000 -22.5% $463 / Sq Ft
11/09/2022 11/09/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $1,549,000 -8.8% $598 / Sq Ft
10/10/2022 10/10/22 For Sale $1,699,000 0.0% $655 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $1,699,000 -- $655 / 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 $15,089 $1,248,480 $998,784 $249,696
2024 $15,089 $1,224,000 $979,200 $244,800
2023 $5,542 $428,396 $251,132 $177,264
2022 $5,292 $419,997 $246,208 $173,789
2021 $5,217 $411,763 $241,381 $170,382
2019 $5,065 $399,551 $234,222 $165,329
2018 $4,992 $391,718 $229,630 $162,088
2016 $4,752 $376,509 $220,714 $155,795
2015 $4,685 $370,854 $217,399 $153,455
2014 $4,712 $363,591 $213,141 $150,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-200059

The MLS

APN: 5434-006-004