NOT LISTED FOR SALE

Estimated Value: $811,000 - $1,234,875

3 Beds
2 Baths
1,152 Sq Ft
$821/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $765,000 $664 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,780/month

Highlights

  • No HOA
  • Abraham Lincoln High School Rated A
  • Laundry Room

About This Home

As of December 2020

CHARMING Duplex with a 3rd bonus legal unit that includes a bathroom & sink area. This property has great views and is maintained in original condition with all the character and charm of a vintage home. Private and quite location, no immediate neighbors, located in a culdesac just 10 minutes from downtown LA and Pasadena. It has hardwood floors and craftsman style. It’s a serene setting both inside and out that sets the stage for entertaining as well as the perfect zen location to rest. There are 2 koi ponds on the property. Perfect home for 1st time buyers, live in one & rent the other. The bonus unit can be used as a spare room, or guest house. The basement is large and spacious with lots of area for storage. Single car garage with washer/dryer. The upper unit has 2 bedrooms and one bath, currently rented. The lower vacant unit is a 1 bedroom w/ an extra room that serves as a second bedroom. This is everything Silverlake and Highland Park is at an affordable price. El Sereno is becoming the next Highland Park and it’s property values are still affordable. Take advantage of this home with an extra lot while there is still time. First time on market since 1987.

Last Agent to Sell the Property

Ozzie Gonzalez

OG Realty Group License #01753989 Listed on: 05/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,965

Year Built

  • Built in 1926

Lot Details

  • 8,497 Sq Ft Lot
  • No Common Walls
  • Lot Sloped Down

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 1,152 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Legal Lot and Block 25 / 4
  • Tax Tract Number 7565
  • Assessor Parcel Number 5213027033

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Property is near a ravine

Building Details

  • 3 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,000
  • Insurance Expense $1,000
  • Maintenance Expense $1,500
  • Trash Expense $1,000
  • Water Sewer Expense $2,000
  • New Taxes Expense $3,500
  • Operating Expense $10,000
  • Gross Income $12,000
  • Net Operating Income $10,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,965

Year Built

Built in 1926

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 2000.00
  • Zoning: LAR1
  • Property Type: Residential Income
  • Gardener Expense: 1000.00
  • Parcel Number: 5213027033
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 664.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Trash Expense: 1000.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Ravine

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sloped Down
  • Lot Size Sq Ft: 8497.00
  • Lot Size Acres: 0.1951

Multi Family

  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8497.0000 Square Feet
  • Maintenance Expense: 1500.00
  • Net Operating Income: 10000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 3
  • Number Of Units Total: 2
  • Operating Expense: 10000.00
  • Other Income Description: $60,000 gross income potential
  • Rent Control: Yes
  • Total Expenses: 10000.00

Tax Info

  • New Taxes Expense: 3500.00
  • Tax Block: 4
  • Tax Census Tract: 2014.01
  • Tax Lot: 25
  • Tax Tract Number: 7565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Oct 9, 2020
Sold by
Lopez Edward R and Sulam Vanessa
Bought by
Cogan Neil H and Cogan Mannette Antill
Seller's Agent
Ozzie Gonzalez
OG Realty Group
List Price
$750,000
Sold Price
$765,000
Premium/Discount to List
$15,000
2%
Current Estimated Value
$945,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,719
Avg. Annual Appreciation
4.41%
Original Mortgage
$573,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2018
Sold by
Lopez Edward R
Bought by
Lopez Edward R and Sulam Vanessa

Purchase Details

Closed on
May 24, 2010
Sold by
Lopez Concepcion Ruiz
Bought by
Lopez Edward R
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
Cogan Neil H $765,000 Fidelity National Title
Lopez Edward R -- None Available
Lopez Edward R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cogan Neil H $573,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $765,000 0.0% $664 / Sq Ft
10/01/2020 10/01/20 Pending -- -- --
06/26/2020 06/26/20 Price Changed $765,000 -5.6% $664 / Sq Ft
06/01/2020 06/01/20 Price Changed $810,000 +8.0% $703 / Sq Ft
05/25/2020 05/25/20 For Sale $750,000 -- $651 / 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 $9,965 $828,060 $541,216 $286,844
2024 $9,965 $811,824 $530,604 $281,220
2023 $9,772 $795,906 $520,200 $275,706
2022 $9,315 $780,300 $510,000 $270,300
2021 $9,202 $765,000 $500,000 $265,000
2020 $3,590 $281,750 $169,753 $111,997
2019 $3,453 $276,226 $166,425 $109,801
2018 $3,414 $270,811 $163,162 $107,649
2016 $3,257 $260,297 $156,827 $103,470
2015 $3,211 $256,388 $154,472 $101,916
2014 $3,235 $251,367 $151,447 $99,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20083621

California Regional Multiple Listing Service (CRMLS)

APN: 5213-027-033