NOT LISTED FOR SALE

Estimated Value: $1,275,000 - $1,514,000

5 Beds
4.5 Baths
2,690 Sq Ft
$523/Sq Ft Est. Value

Last Sold January 16, 2025

Last sale price $1,499,000 $557 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $8,790/month

22 Days on Market

Highlights

  • Detached Guest House
  • Open Floorplan
  • High Ceiling
  • Updated Kitchen
  • Living Room with Attached Deck
  • Quartz Countertops

About This Home

As of January 2025

Two Homes on an Expansive 8,400 sq. ft. Lot. This unique property features two separate homes, offering versatility and potential for multi-generational living or rental income. Main House: 1,640 sq. ft. of Modern Living. This spacious home includes three bedrooms, a den (ideal for a home office), and two bathrooms. The open floor plan welcomes you with 10.5-foot ceilings and flows seamlessly into the formal living room. Fully renovated down to the studs in 2019, with all work done under permits. The master bedroom features French doors leading to a redwood deck that connects to the backyard, offering a private outdoor retreat. Accessory Dwelling Unit (ADU): Built in 2022. Approximately 1,050 sq. ft., this ADU includes two bedrooms and two and a half bathrooms, providing a modern, independent living space. With its own entrance from the alley and a designated parking space, it offers complete privacy. This ADU also has an attached 361 sq ft garage. Designed with high ceilings and a balcony, this ADU stands out from the typical rectangular designs seen elsewhere. Currently tenant-occupied, generating $3,600 per month—an excellent offset for your mortgage. Despite having two homes on the lot, there’s still ample room for gardening, off-street parking, and outdoor gatherings. Enjoy the California lifestyle with a fire pit and space for sunbathing, perfect for outdoor entertaining year-round. The low-maintenance, drought-tolerant yard is surrounded by privacy hedges and features organic fruit trees, including Kumquat, Loquat, Avocado, Clementine, and Grapefruit. The property includes paid-off solar panels, significantly reducing electricity costs. Situated in a vibrant neighborhood experiencing rapid growth, this property is positioned near key attractions like SoFi Stadium, The Forum, USC Village, DTLA, Koreatown, and Culver City. Close to the new Metro Crenshaw Line (connecting to LAX), Expo Line, and a short distance to the cultural and culinary hubs of West Adams, Jefferson Park and upcoming Maydan Market. Outdoor enthusiasts will appreciate the proximity to Kenneth Hahn Park hiking trails, the Culver City Stairs, and the Playa bike trail. These neighborhoods have transformed into highly sought-after destinations, known for their thriving art scene and diverse food options. These neighborhoods have seen significant development recently and is set for continued growth with the upcoming 2026 FIFA World Cup and 2028 Los Angeles Olympics.

Last Agent to Sell the Property

Mihwa Yi

Epique Realty License #01987254 Listed on: 10/09/2024

Epique Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 8,406 Sq Ft Lot
  • Property fronts an alley
  • Fenced
  • Fence is in excellent condition
  • Front Yard
  • Density is 2-5 Units/Acre
  • On-Hand Building Permits
  • Property is zoned LAR1

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener
  • Brick Driveway
  • Combination Of Materials Used In The Driveway
  • Driveway Level
  • Automatic Gate

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Additions or Alterations

Interior Spaces

  • 2,690 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Attached Deck
  • Den
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Upgraded Bathroom
  • Bathroom on Main Level
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Wood Patio
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Location

  • Urban Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8 / J
  • Tax Tract Number 67
  • Assessor Parcel Number 5044012007
  • $362 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park
  • Bike Trail

Home Details

Home Type

Single Family

Year Built

Built in 1903 | Remodeled

Lot Details

8,406 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Inclusions: Furnishings/Appliances in the ADU. Solar panels in the main house. Appliances in the main house.
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: LAR1
  • Property Condition: Additions/Alterations, Building Permit, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5044012007
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2690.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), High Ceilings, Living Room Deck Attached, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 557.25
  • Room Type: All Bedrooms Down, Den
  • Bathroom Features: Bathtub, Shower, Double Sinks In Primary Bath, Main Floor Full Bath, Separate Tub And Shower, Upgraded
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House, Guest House Detached, Two On A Lot
  • Exterior Features: Rain Gutters
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Deck, Wood, Wrap Around
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Driveway - Brick, Driveway - Combination, Driveway Level, Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Front Yard
  • Lot Size Sq Ft: 8406.00
  • Lot Size Acres: 0.1930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8406.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: J
  • Tax Census Tract: 2190.20
  • Tax Lot: 8
  • Tax Tract Number: 00067
  • TaxOtherAnnualAssessmentAmount: 362.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Nov 25, 2024
Sold by
Hein Living Trust and Yi Sung Wook
Bought by
Lyon Skyler Spencer and Fryling Lauren
Seller's Agent
Mihwa Yi
Epique Realty
List Price
$1,500,000
Sold Price
$1,499,000
Premium/Discount to List
-$1,000
-0.07%
Views
33
Current Estimated Value
$1,407,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,298
Avg. Annual Appreciation
-5.14%
Original Mortgage
$1,199,200
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2023
Sold by
Yi Sung Wook and Yi Mihwa
Bought by
Hein Living Trust and Hur

Purchase Details

Listed on
Nov 22, 2017
Closed on
Dec 7, 2017
Sold by
Alvarez Felipe
Bought by
Yi Sung Wook and Yi Mihwa
Seller's Agent
Rigo Gaxiola
Century 21 Allstars
Buyer's Agent
Rigo Gaxiola
Century 21 Allstars
List Price
$549,900
Sold Price
$580,000
Premium/Discount to List
$30,100
5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$464,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2015
Sold by
Alvarez Nury
Bought by
Alvarez Felipe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lyon Skyler Spencer $1,499,000 Lawyers Title Company
Lyon Skyler Spencer $1,499,000 Lawyers Title Company
Hein Living Trust -- None Listed On Document
Yi Sung Wook $580,000 Old Republic Title Company
Alvarez Felipe -- Accommodation
Alvarez Felipe -- Title365 Company Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyon Skyler Spencer $1,199,200
Previous Owner Yi Sung Wook $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/16/2025 01/16/25 Sold $1,499,000 0.0% $557 / Sq Ft
01/16/2025 01/16/25 Sold $1,499,000 +3.4% $491 / Sq Ft View Prior Sale
11/01/2024 11/01/24 Pending -- -- --
10/31/2024 10/31/24 Pending -- -- --
10/22/2024 10/22/24 Price Changed $1,450,000 0.0% $539 / Sq Ft
10/22/2024 10/22/24 Price Changed $1,450,000 -3.3% $475 / Sq Ft
10/09/2024 10/09/24 For Sale $1,500,000 0.0% $558 / Sq Ft
10/02/2024 10/02/24 For Sale $1,500,000 +158.6% $492 / Sq Ft
01/16/2018 01/16/18 Sold $580,000 +5.5% $503 / Sq Ft View Prior Sale
11/22/2017 11/22/17 For Sale $549,900 -- $477 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,220 $1,255,722 $527,950 $727,772
2024 $15,220 $1,231,101 $517,599 $713,502
2023 $10,399 $836,806 $507,450 $329,356
2022 $9,923 $820,399 $497,500 $322,899
2021 $8,795 $718,922 $487,746 $231,176
2019 $7,262 $591,600 $473,280 $118,320
2018 $2,514 $190,770 $174,941 $15,829
2016 $2,401 $183,364 $168,149 $15,215
2015 $2,369 $180,611 $165,624 $14,987
2014 $2,388 $177,074 $162,380 $14,694
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24208963

California Regional Multiple Listing Service (CRMLS)

APN: 5044-012-007

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