$1,500,000
SOLD MAR 22, 2022
4 Beds
3 Baths
2,038 Sq Ft
5,199 Sq Ft Lot

Recently Sold

$736 Per Sq Ft

25% Above List Price

9 Days on Market

Highlights

  • 1 Car Detached Garage
  • Central Heating and Cooling System
  • 1-minute walk to Red Car River Park
  • John Marshall Senior High Rated A

About This Home

As of March 2022

Character duplex in Atwater Village. The front unit is a charming Spanish home featuring 2 bedrooms and 1 bath, hardwood floors, exposed beam ceiling, and many more original details throughout. The light-filled rear unit offers 1 bedroom, 1 bath and an open floor plan. Head out back and enjoy the lush backyard with great space to hang and utilize the direct access to the LA river path. The 2-car garage is currently used as storage space & laundry for the rear unit. This magical property sits in close proximity to all the great Atwater shops and restaurants on the boulevard. But wait, there's more, included with the sale are plans and permits to convert the space below the rear unit into an additional ADU! Don't miss this great opportunity in one of Los Angeles' favorite neighborhoods!

Last Agent to Sell the Property

Shannon Fenton

Compass License #01906521 Listed on: 02/17/2022

Compass

Co-Listed By

Joseph Fenton

Compass License #01929905

Last Buyer's Agent

Yoori Park

Carolwood Estates License #02047251

Carolwood Estates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,046

Year Built

  • Built in 1931

Lot Details

  • 5,199 Sq Ft Lot
  • Lot Dimensions are 40x130

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex

Interior Spaces

  • 2,038 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5437-022-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,046

Year Built

Built in 1931

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2038
  • Lot Acreage: 0.1194
  • Lot Dimensions: 40x130
  • Stories: 2
  • Year Built: 1931
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Microwave, Dryer, Refrigerator, Range/Oven, Washer
  • Price Per S Q F T: 588.32

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Detached
  • Total Parking: 1

Utilities

  • Cooling: Central, Wall Unit(s)
  • Heating: Central, Wall

Lot Info

  • Assessed Improvement Percent: 29.42
  • Assessed Improvement Value: 290565
  • Assessed Land Percent: 70.58
  • Assessed Land Value: 696931
  • Total Assessed Value: 987496
  • Assessor Parcel Number: 5437-022-010
  • Lot Size Area: 5199

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.59
  • Number Of Units: 2
  • Total Annual Expense: 1600
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 15, 2022
Sold by
Elizaveta Tutubalina
Bought by
Bellomo Christopher
Seller's Agent
Shannon Fenton
Compass
Buyer's Agent
Yoori Park
Carolwood Estates
List Price
$1,199,000
Sold Price
$1,500,000
Premium/Discount to List
$301,000
25.1%
Current Estimated Value
$1,771,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,776
Avg. Annual Appreciation
6.38%
Original Mortgage
$1,125,000
Outstanding Balance
$1,054,071
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$792,177

Purchase Details

Listed on
Feb 17, 2022
Closed on
Mar 14, 2022
Sold by
Christopher Bellomo
Bought by
Chou Aaron
Seller's Agent
Shannon Fenton
Compass
Buyer's Agent
Yoori Park
Carolwood Estates
List Price
$1,199,000
Sold Price
$1,500,000
Premium/Discount to List
$301,000
25.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,000
Outstanding Balance
$1,054,071
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$792,177

Purchase Details

Closed on
Sep 8, 2021
Sold by
Bellomo Christopher Leonard and Bellomo Christopher
Bought by
Bellomo Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 5, 2016
Sold by
Lamore Lewis J
Bought by
Bellomo Christopher Leonard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2007
Sold by
Lamore Lewis J and Lamore Dolores B
Bought by
Lamore Lewis J

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
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2007
Sold by
Lamore Lewis J and Lamore Dolores B
Bought by
Lamore Lewis J

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
6.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2002
Sold by
Lamore Lewis J and Lamore Dolores B
Bought by
The Lemore Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,333
Interest Rate
6.78%

Purchase Details

Closed on
Mar 27, 2002
Sold by
The Lamore Revocable Trust
Bought by
Lamore Lewis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,333
Interest Rate
6.78%

Purchase Details

Closed on
Nov 8, 1995
Sold by
Lamore Lewis J and Lamore Dolores B
Bought by
Lamore Lewis J and Lamore Dolores B
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Lawyers Title
Grant Deed $1,500,000 Lawyers Title
Interfamily Deed Transfer -- Servicelink
Grant Deed $921,000 Equity Title Los Angeles
Interfamily Deed Transfer -- Landsafe Title
Interfamily Deed Transfer -- Landsafe Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,125,000 New Conventional
Previous Owner $190,000 Credit Line Revolving
Previous Owner $650,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $22,000 Unknown
Previous Owner $149,500 Unknown
Previous Owner $127,333 No Value Available
Previous Owner $17,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2022 03/22/22 Sold $1,500,000 +25.1% $736 / Sq Ft
02/26/2022 02/26/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $1,199,000 +30.2% $588 / Sq Ft
07/12/2016 07/12/16 Sold $921,000 +5.3% $452 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $875,000 -- $429 / 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 $19,046 $1,591,811 $1,114,268 $477,543
2024 $19,046 $1,560,600 $1,092,420 $468,180
2023 $18,672 $1,530,000 $1,071,000 $459,000
2022 $12,050 $1,007,245 $710,869 $296,376
2021 $11,920 $987,496 $696,931 $290,565
2019 $11,561 $958,208 $676,260 $281,948
2018 $11,509 $939,420 $663,000 $276,420
2016 $2,029 $157,429 $25,034 $132,395
2015 $2,001 $155,065 $24,658 $130,407
2014 $2,025 $152,028 $24,175 $127,853
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-128015

The MLS

APN: 5437-022-010