NOT LISTED FOR SALE

Estimated Value: $791,000 - $1,090,738

1 Bed
1 Bath
1,713 Sq Ft
$535/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $760,000 $444 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,145/month

6 Days on Market

Highlights

  • Property is near park
  • Outdoor Fireplace
  • No HOA
  • Abraham Lincoln High School Rated A-
  • Corner Lot
  • Neighborhood Views

About This Home

As of July 2024

Don't miss this amazing opportunity to own a prime corner lot in a highly desired area of Los Angeles. Minutes away from
USC Keck Medicine
Queen Anne Recreation Center
Brewery Art Walk
University of Southern California (USC)
San Antonio Winery
Dodger Stadium

Corner Lot. Property is being sold AS-IS.City allows up to 3 dwellings per parcel (with additional 3 ADU's) per parcel Call city for further info. All units (1 bed/1 bath) with side patios. All are currently occupied. Buyer/Buyer's Agent to conduct their due diligence in verifying any/all info prior to submission of offer included but not limited to all figures and info provided via listing. Please submit package with proof of funds, Pre-qual letter, FiCO Score & will be cross qualified by our preferred lender.

Current owner expenses - Gardener, Water/Sewer (DWP)

** Please DO NOT DISTURB TENANTS/OCCUPANTS **

Last Agent to Sell the Property

Jose Sanchez Rosales

Downtown, REALTORS Brokerage Phone: 562-552-6329 License #01930267 Listed on: 01/09/2024

Last Buyer's Agent

Alberto Aguilera

Downtown, REALTORS License #02157056

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 7,107 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Corner Lot
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Duplex
  • Entry on the 1st floor
  • Clay Roof

Interior Spaces

  • 1,713 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Awning
  • Living Room
  • Neighborhood Views
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Outdoor Features

  • Outdoor Fireplace
  • Exterior Lighting

Location

  • Property is near park

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 4 / 38
  • Tax Tract Number 27
  • Assessor Parcel Number 5211003027
  • $4,555 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park
  • Dog Park
  • Bike Trail

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $1,680
  • Water Sewer Expense $1,400
  • Operating Expense $3,680
  • Net Operating Income $25,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1400.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 5211003027
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Outside
  • Levels: One
  • Price Per Square Foot: 443.67
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room

Exterior Features

  • Exterior Features: Awning(s)
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Clay
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Front Yard, Park Nearby
  • Lot Size: 7107
  • Lot Size Sq Ft: 7107.00
  • Lot Size Acres: 0.1632
  • Latitude Manual: 34.06793100

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 857 Square Feet
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 1680.00
  • Lot Size Area: 7107.0000 Square Feet
  • Net Operating Income: 25120.00
  • Number Of Rented Garages: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 3680.00
  • Rent Control: Yes
  • Total Expenses: 3680.00

Tax Info

  • Tax Block: 38
  • Tax Census Tract: 1998.01
  • Tax Lot: 4
  • Tax Tract Number: 27
  • TaxOtherAnnualAssessmentAmount: 4554.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 16, 2024
Sold by
Darwin Avenue Llc and Darwin Ave Llc
Bought by
Darwin Ave Llc
Current Estimated Value
$916,185

Purchase Details

Listed on
Jan 9, 2024
Closed on
Jul 15, 2024
Sold by
Khodadadi Todd Tirdad and Khodadadi Mahsa S
Bought by
Darwin Avenue Llc
Seller's Agent
Jose Sanchez Rosales
Downtown, REALTORS
Buyer's Agent
Alberto Aguilera
Downtown, REALTORS
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.99%
Original Mortgage
$570,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 9, 2024
Closed on
Jul 9, 2024
Sold by
Voula Spiros G and Voula Mentzelos
Bought by
Khodadadi Todd Tirdad and Khodadadi Mahsa S
Seller's Agent
Jose Sanchez Rosales
Downtown, REALTORS
Buyer's Agent
Alberto Aguilera
Downtown, REALTORS
List Price
$750,000
Sold Price
$760,000
Premium/Discount to List
$10,000
1.33%
Views
61

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2024
Sold by
Voula Spiros G and Voula Mentzelos
Bought by
Khodadadi Todd Tirdad and Khodadadi Mahsa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
7.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 2, 2019
Sold by
Mentzelos Voula
Bought by
Mentzelos Spiros G and Mentzelos Voula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.55%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 4, 2004
Sold by
Mentzelos Spiros G
Bought by
Mentzelos Spiros G

Purchase Details

Closed on
Jan 6, 2003
Sold by
Chiechi Maly C
Bought by
Mentzelos Spiros G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Darwin Ave Llc -- None Listed On Document
Darwin Avenue Llc -- None Listed On Document
Khodadadi Todd Tirdad $760,000 None Listed On Document
Khodadadi Todd Tirdad $760,000 None Listed On Document
Mentzelos Spiros G -- First American Title Insuran
Mentzelos Voula -- First American Title Insuran
Mentzelos Voula -- First American Title Insuran
Mentzelos Spiros G -- --
Mentzelos Spiros G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khodadadi Todd Tirdad $570,000
Previous Owner Khodadadi Todd Tirdad $570,000
Previous Owner Mentzelos Voula $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $760,000 +1.3% $444 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $750,000 -- $438 / 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 $4,639 $760,000 $540,000 $220,000
2024 $4,639 $354,961 $248,477 $106,484
2023 $4,555 $348,002 $243,605 $104,397
2022 $4,351 $341,179 $238,829 $102,350
2021 $4,293 $334,491 $234,147 $100,344
2019 $4,170 $324,572 $227,203 $97,369
2018 $4,077 $318,209 $222,749 $95,460
2016 $3,887 $305,854 $214,100 $91,754
2015 $3,832 $301,261 $210,885 $90,376
2014 $3,857 $295,361 $206,755 $88,606
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: DW24005243

California Regional Multiple Listing Service (CRMLS)

APN: 5211-003-027