$740,000
SOLD APR 19, 2022
2 Beds
1 Bath
1,400 Sq Ft
5,221 Sq Ft Lot

Recently Sold

$529 Per Sq Ft

1% Below List Price

63 Days on Market

Highlights

  • City Lights View
  • No HOA
  • 2 Car Attached Garage
  • Abraham Lincoln High School Rated A
  • Formal Dining Room
  • 3-minute walk to Greayers Oak Mini Park

About This Home

As of June 2023

Complete fixer in Cypress Park zoned residential and LAC2. Live and work from home with an opportunity to build an ADU for additional income. Centrally located to the 110 and 5 Fwy easily accessible to the newly built Taylor Yard Bridge that connects Cypress Park to Frogtown along the LA River. The possibilities are endless!

Last Agent to Sell the Property

Reina Sandoval

COMPASS License #02043223 Listed on: 01/17/2022

COMPASS

Co-Listed By

Michael De Perio

Kirela Real Estate Co License #01870969

Last Buyer's Agent

Michael De Perio

COMPASS License #01870969

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,628

Year Built

  • Built in 1957

Lot Details

  • 5,221 Sq Ft Lot
  • Wrought Iron Fence
  • Back Yard
  • Property is zoned LAC2

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,400 Sq Ft Home
  • Living Room with Fireplace
  • Formal Dining Room
  • Tile Flooring
  • City Lights Views

Kitchen

  • Eat-In Kitchen
  • <<builtInRangeToken>>

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Outdoor Features

  • Patio

Utilities

  • Cooling Available
  • No Heating
  • Gas Water Heater
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 13 / A
  • Tax Tract Number 13
  • Assessor Parcel Number 5446021030
  • $372 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,628

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LAC2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5446021030
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1400.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen, Separated
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 528.57
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Built-In Range, Gas Water Heater
  • Laundry Features: Individual Room, Outside, Washer Hookup
  • Sewer: None
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5221.00
  • Lot Size Acres: 0.1199

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5221.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 1990.00
  • Tax Lot: 13
  • Tax Tract Number: 13
  • TaxOtherAnnualAssessmentAmount: 372.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Jun 7, 2023
Sold by
Bella Assets Llc
Bought by
Chemotti Lucas
Seller's Agent
Wonnie Kim
Won Suk Kim Real Estate, Inc.
Buyer's Agent
Alex Abboud
RE/MAX Connections
List Price
$1,049,000
Sold Price
$1,000,000
Premium/Discount to List
-$49,000
-4.67%
Views
50
Current Estimated Value
$1,080,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,219
Avg. Annual Appreciation
3.76%
Original Mortgage
$800,000
Interest Rate
6.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2022
Closed on
Mar 23, 2022
Sold by
Martin and Evelia
Bought by
Bella Assets Llc
Seller's Agent
Reina Sandoval
COMPASS
Buyer's Agent
Michael De Perio
COMPASS
List Price
$749,000
Sold Price
$740,000
Premium/Discount to List
-$9,000
-1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.23%
Original Mortgage
$740,000
Interest Rate
4.16%
Mortgage Type
New Conventional
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
Grant Deed $1,000,000 Chicago Title
Grant Deed $740,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $803,000 New Conventional
Closed $800,000 New Conventional
Previous Owner $740,000 New Conventional
Previous Owner $241,350 Unknown
Previous Owner $213,150 FHA
Previous Owner $140,098 Unknown
Previous Owner $35,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2023 06/09/23 Sold $1,000,000 +0.1% $628 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $999,000 -4.8% $628 / Sq Ft
05/08/2023 05/08/23 For Sale $1,049,000 +41.8% $659 / Sq Ft
04/19/2022 04/19/22 Sold $740,000 -1.2% $529 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $749,000 0.0% $535 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $749,000 -- $535 / 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
2024 $12,628 $1,020,000 $714,000 $306,000
2023 $9,445 $754,800 $566,100 $188,700
2022 $2,490 $187,564 $130,142 $57,422
2021 $2,454 $183,888 $127,591 $56,297
2019 $2,385 $178,435 $123,807 $54,628
2018 $2,289 $174,937 $121,380 $53,557
2016 $2,176 $168,145 $116,667 $51,478
2015 $2,147 $165,620 $114,915 $50,705
2014 $2,160 $162,376 $112,664 $49,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB22006687

California Regional Multiple Listing Service (CRMLS)

APN: 5446-021-030