NOT LISTED FOR SALE

Estimated Value: $1,147,000 - $1,229,051

4 Beds
2 Baths
2,486 Sq Ft
$473/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $875,000 $352 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,121/month

12 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Hiking Trails
  • Community Lake
  • No HOA
  • Plantation Shutters

About This Home

As of October 2019

Beautifully renovated duplex west of Crenshaw! Tree-lined street leads to well-maintained Spanish style home on corner lot. Open the door to the owner's unit with bright, open floorplan featuring coved ceiling, recessed lighting, archways, crown molding, and lots of windows--in dual paned vinyl. The living room features rounded glass floor to ceiling windows and faux fireplace. The central dining area accentuated by industrial chandelier and inset built-in cabinet. The kitchen was designed for someone who loves cooking and entertaining with large island and under-cabinet lights. The hallway leads to two large bedrooms and tastefully renovated bathroom. Other recent upgrades include foundation bolting, new stucco exterior and paint, new plumbing, electrical, re-finished wood floors, HVAC with Nest thermostat, and landscaping. Second unit has not been updated but is in good condition and also features hardwoods, archways, crown molding, etc. Good tenants in place who are quiet and pay rent on time. The duplex sits just one block to the west of Crenshaw and will benefit from the Crenshaw light rail that runs from the Expo line to the airport and over $6 billion in nearby development--Rams Stadium, Destination Crenshaw, Crenshaw light rail, Rail to River Corridor Project, Park to Playa Regional Trail, Baldwin Hills/Crenshaw Mall redevelopment and all the new development along the Crenshaw line. Great time to invest in this home and this community!

Last Agent to Sell the Property

Florentine Christian

Keller Williams Beach Cities License #02011034 Listed on: 08/28/2019

Keller Williams Beach Cities

Last Buyer's Agent

Melissa Menard

Compass License #01858710

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,594

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 6,720 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking

Home Design

  • Duplex
  • Turnkey
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,486 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Decorative Fireplace
  • Plantation Shutters
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Tax Lot 144
  • Tax Tract Number 2095
  • Assessor Parcel Number 4005001001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Community Lake
  • Property is near a preserve or public land

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 1 Leased Unit
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $720
  • Insurance Expense $1,600
  • Professional Management Expense $2,400
  • Water Sewer Expense $900
  • Operating Expense $5,620
  • Gross Income $54,000
  • Net Operating Income $48,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,594

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 2400.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Wired for Alarm System
  • Water Sewer Expenses: 900.00
  • Zoning: LAR1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 4005001001
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Open Floorplan, Pantry, Recessed Lighting
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Fireplace Features: Living Room, Decorative
  • Levels: One
  • Price Per Square Foot: 351.97
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Plantation Shutters

Exterior Features

  • Exterior Features: Lighting
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Hiking, Lake, Park, Preserve/Public Land, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6720.00
  • Lot Size Acres: 0.1543

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Average2 Bed Area: 1243 Square Feet
  • Gross Income: 54000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1600.00
  • Lot Size Area: 6720.0000 Square Feet
  • Net Operating Income: 48380.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number With Patio: 2
  • Number With Range: 2
  • Operating Expense: 5620.00
  • Rent Control: Yes
  • Total Actual Rent: 1950.00
  • Total Expenses: 5620.00

Tax Info

  • Tax Census Tract: 2347.00
  • Tax Lot: 144
  • Tax Tract Number: 2095

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Sales Kristin
Bought by
Kc Sunshine Trust and Sales
Current Estimated Value
$1,175,763

Purchase Details

Listed on
Aug 28, 2019
Closed on
Sep 23, 2019
Sold by
Bozymowski Alexander Marcel
Bought by
Pike John Matthew and Sales Kristin Nicole
Seller's Agent
Florentine Christian
Keller Williams Beach Cities
Buyer's Agent
Melissa Menard
Compass
List Price
$850,000
Sold Price
$875,000
Premium/Discount to List
$25,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%
Original Mortgage
$612,500
Interest Rate
3.5%

Purchase Details

Listed on
Jan 28, 2016
Closed on
Mar 18, 2016
Sold by
Sfr 2012-1 Us West Llc
Bought by
Bozymowski Alexander Marcel
Seller's Agent
Johanna Altman
Grid Properties
Buyer's Agent
Anthony Altieri
Redfin
List Price
$449,000
Sold Price
$505,000
Premium/Discount to List
$56,000
12.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.75%
Original Mortgage
$472,850
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2012
Sold by
Federal National Mortgage Association
Bought by
Sfr 2012-1 Us West Llc

Purchase Details

Closed on
Aug 16, 2010
Sold by
Ashby David L and Ashby Brenda A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 9, 2006
Sold by
Barbetti Horace J and Barbetti Nellie B
Bought by
Ashby David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,400
Interest Rate
6.44%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 1996
Sold by
Holmberg Olga E
Bought by
Holmberg Arthur and Holmberg Olga E

Purchase Details

Closed on
Apr 17, 1996
Sold by
Barbetti Horace
Bought by
Barbetti Horace J
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
Kc Sunshine Trust -- None Listed On Document
Sales Kristin -- None Listed On Document
Pike John Matthew $875,000 Orange Coast Title Company
Bozymowski Alexander Marcel $505,000 Fidelity National Title Co
Sfr 2012-1 Us West Llc -- First American Title Ins Co
Federal National Mortgage Association $441,669 None Available
Ashby David L $573,000 Advantage Title Inc
Holmberg Arthur -- --
Barbetti Horace J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pike John Matthew $612,500
Previous Owner Bozymowski Alexander Marcel $472,850
Previous Owner Ashby David L $458,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2019 10/11/19 Sold $875,000 +2.9% $352 / Sq Ft
08/28/2019 08/28/19 For Sale $850,000 +68.3% $342 / Sq Ft
03/25/2016 03/25/16 Sold $505,000 +12.5% $203 / Sq Ft View Prior Sale
02/12/2016 02/12/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $449,000 0.0% $181 / Sq Ft
04/17/2015 04/17/15 Rented $1,750 0.0% --
04/17/2015 04/17/15 For Rent $1,750 -- --
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 $11,594 $956,937 $792,892 $164,045
2024 $11,594 $938,175 $777,346 $160,829
2023 $11,374 $919,780 $762,104 $157,676
2022 $10,853 $901,746 $747,161 $154,585
2021 $10,710 $884,065 $732,511 $151,554
2020 $10,817 $875,000 $725,000 $150,000
2019 $6,611 $535,909 $376,728 $159,181
2018 $6,508 $525,402 $369,342 $156,060
2016 $5,229 $416,092 $291,265 $124,827
2015 $5,155 $409,842 $286,890 $122,952
2014 $5,185 $401,815 $281,271 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19205710

California Regional Multiple Listing Service (CRMLS)

APN: 4005-001-001