NOT LISTED FOR SALE

Estimated Value: $752,000 - $1,269,000

1 Bed
1 Bath
432 Sq Ft
$2,316/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $707,000 $1,637 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,361/month

Highlights

  • Detached Guest House
  • Modern Architecture
  • Fenced Yard
  • Wood Flooring
  • Quartz Countertops
  • Kitchen Island

About This Home

As of August 2024

Brand New Standalone ADU - Your Urban Retreat Awaits! Welcome to your new urban oasis at 3677 1/2 3rd Ave! This modern, standalone Accessory Dwelling Unit (ADU) offers a perfect blend of style, comfort, and convenience. With meticulous attention to detail and premium finishes throughout, this ADU is ready to welcome you home. Key Features: Title Granted: Rest easy knowing all legalities are in place for occupancy. Spacious Layout: Enjoy 432 sqft of thoughtfully designed living space. Premium Finishes: Revel in the luxury of engineered hardwood flooring, custom cabinets, and premium lighting. Modern Amenities: Embrace the ease of a washer and dryer, as well as a cooling and heating system for year-round comfort. Private Parking: Your designated parking spot ensures hassle-free parking. Premium Location: Nestled in a vibrant neighborhood, with easy access to amenities and transportation.

Last Agent to Rent the Property

Maisa Faucette

Keller Williams Hollywood Hills License #01721456 Listed on: 03/18/2024

Keller Williams Hollywood Hills

Last Renter's Agent

Maisa Faucette

Keller Williams Hollywood Hills License #01721456 Listed on: 03/18/2024

Keller Williams Hollywood Hills

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,916

Year Built

  • 1923

Lot Details

  • 432 Sq Ft Lot
  • Fenced Yard
  • Property is zoned LAR1

Home Design

  • Modern Architecture
  • Updated or Remodeled

Interior Spaces

  • 432 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Wood Flooring

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Driveway

Additional Features

  • Detached Guest House
  • Central Heating

Community Details

Listing and Financial Details

  • Security Deposit $2,450
  • Tenant pays for gas, electricity, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5042-006-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,916

Year Built

1923

Lot Details

0

Rental Info

  • Credit Report Amount: 30.00
  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Land Lease Amount Per Year: 2450.00
  • Land Lease Expiration Year: 2024
  • Land Lease Purchase Yn: No
  • Land Lease Type: Lease
  • Lease Option: 1
  • Rent Control: No
  • Rent Excludes: Utilities
  • Security Deposit: 2450
  • Tenant Pays: Gas, Electricity, Water
  • Land Lease Expiration Date: 2024-06-30

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Single Family Or Apt: 3343
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: 1+Year
  • Living Area: 432
  • Lot Acreage: 0.1332
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0
  • Year Built: 1923

Interior Features

  • Flooring: Hardwood
  • Appliances: Microwave, Oven
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Kitchen Island
  • Kitchen Features: Quartz Counters
  • Laundry: In Unit
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Hood Fan
  • Price Per S Q F T: 4.98

Exterior Features

  • Tennis Court Y/N: No
  • Guest House: Detached
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • Unit Location: ADU

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5042-006-020
  • Lot Description: Fenced Yard
  • Lot Size Area: 432

Multi Family

  • Number Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 17, 2021
Sold by
Cote Orville E and Domijan Stacey Ann
Bought by
Yemenu Dagmawi and Kassa Addis
Seller's Agent
Paola Tarabotto-Ybarra
Valley Homes Real Estate
List Price
$699,900
Sold Price
$707,000
Premium/Discount to List
$7,100
1.01%
Current Estimated Value
$1,000,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,357
Avg. Annual Appreciation
7.50%
Original Mortgage
$565,600
Outstanding Balance
$508,171
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$466,557

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 3, 2015
Sold by
Ivie Shawn Earl and Ivie Alisa Michelle
Bought by
Cote Orville E and Domijan Stacey Ann
Seller's Agent
Jerome McAlpin
McAlpin & Company
Buyer's Agent
Paola Tarabotto
List Price
$405,000
Sold Price
$412,000
Premium/Discount to List
$7,000
1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Original Mortgage
$309,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 12, 2012
Sold by
Ivie Alisa Michelle
Bought by
Ivie Shawn Earl and Ivie Alisa Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Cook Allen and Cook Gladys J
Bought by
Ivie Alisa Michelle
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
Yemenu Dagmawi $707,000 Wfg National Title Company
Cote Orville E $412,000 Ortc
Ivie Shawn Earl -- None Available
Ivie Alisa Michelle $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yemenu Dagmawi $565,600
Previous Owner Cote Orville E $309,000
Previous Owner Ivie Shawn Earl $255,500
Previous Owner Ivie Shawn Earl $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2024 08/03/24 Rented $2,150 0.0% --
07/29/2024 07/29/24 Price Changed $2,150 -8.5% $5 / Sq Ft
07/23/2024 07/23/24 Under Contract -- -- --
07/02/2024 07/02/24 For Rent $2,350 0.0% --
06/30/2024 06/30/24 Off Market $2,350 -- --
05/26/2024 05/26/24 Price Changed $2,350 -4.1% $5 / Sq Ft
03/18/2024 03/18/24 For Rent $2,450 0.0% --
03/19/2021 03/19/21 Sold $707,000 +1.0% $522 / Sq Ft
02/19/2021 02/19/21 For Sale $699,900 -1.0% $517 / Sq Ft
02/04/2021 02/04/21 Off Market $707,000 -- --
02/02/2021 02/02/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $699,900 +69.9% $517 / Sq Ft
05/07/2015 05/07/15 Sold $412,000 +1.7% $433 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $405,000 -- $425 / 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 $10,916 $899,214 $541,216 $357,998
2024 $10,916 $881,583 $530,604 $350,979
2023 $9,111 $735,562 $520,200 $215,362
2022 $8,693 $721,140 $510,000 $211,140
2021 $5,651 $457,447 $343,087 $114,360
2020 $5,707 $452,758 $339,570 $113,188
2019 $5,486 $443,881 $332,912 $110,969
2018 $5,414 $435,179 $326,385 $108,794
2016 $5,175 $418,282 $313,712 $104,570
2015 $4,660 $375,015 $321,443 $53,572
2014 -- $300,000 $257,100 $42,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-372893

The MLS

APN: 5042-006-020