NOT LISTED FOR SALE

Estimated Value: $698,000 - $727,000

2 Beds
2 Baths
1,053 Sq Ft
$675/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $690,000 $655 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,980/month

7 Days on Market

Highlights

  • Shed
  • 1-Story Property
  • West Facing Home
  • Abraham Lincoln High School Rated A
  • Gated Home

About This Home

As of July 2024

Unlock the potential of this hillside duplex nestled in the picturesque neighborhood of El Sereno. The property features two separate units, providing endless possibilities for rental income, multi-generational living, or a combination of both.Residents enjoy convenient access to local amenities, including shops, restaurants, parks, and hiking trails. Plus, easy commuting to Downtown LA, Pasadena, and beyond ensures a lifestyle of both convenience and exploration.While this property requires repairs and updates, the potential return on investment is undeniable. Bring your contractor and explore the possibilities of restoring this duplex to its former glory or reimagining it into a modern urban oasis. 1 unit will be delivered vacant, while the other has a tenant that may be willing to move out. Seize this chance to own a piece of El Sereno's hillside charm and unlock the hidden gem waiting to be discovered.

Last Agent to Sell the Property

Sergio Guizar

Coldwell Banker Realty License #02034357 Listed on: 03/23/2024

Coldwell Banker Realty

Last Buyer's Agent

Jimmy Mercado

NEXT Brokerage License #01385375

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,243

Year Built

  • Built in 1950

Lot Details

  • 7,507 Sq Ft Lot
  • West Facing Home
  • Gated Home

Parking

  • Driveway

Interior Spaces

  • 1,053 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5306-011-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,243

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Unlock the potential of this hillside duplex nestled in the picturesque neighborhood of El Sereno. The property features two separate units, providing endless possibilities for rental income, multi-generational living, or a combination of both.Residents enjoy convenient access to local amenities, including shops, restaurants, parks, and hiking trails. Plus, easy commuting to Downtown LA, Pasadena, and beyond ensures a lifestyle of both convenience and exploration.While this property requires repairs and updates, the potential return on investment is undeniable. Bring your contractor and explore the possibilities of restoring this duplex to its former glory or reimagining it into a modern urban oasis. Seize this chance to own a piece of El Sereno's hillside charm and unlock the hidden gem waiting to be discovered.
  • Living Area: 1053
  • Lot Acreage: 0.1723
  • Probate: No
  • Year Built: 1950
  • Number Of Photos: 27
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 2
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 664.77

Exterior Features

  • Direction Faces: West
  • Other Structures: Shed(s)

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Security: Gated

Lot Info

  • Assessed Improvement Percent: 66.94
  • Assessed Improvement Value: 57928
  • Assessed Land Percent: 33.06
  • Assessed Land Value: 28615
  • Total Assessed Value: 86543
  • Assessor Parcel Number: 5306-011-003
  • Lot Size Area: 7507

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Attached
  • Vacancy Rate: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Jul 24, 2024
Sold by
Whitesides Family Living Trust and Whitesides Charles Eugene
Bought by
Correa Salvador and Flores Maria Estela
Seller's Agent
Sergio Guizar
Coldwell Banker Realty
Buyer's Agent
Jimmy Mercado
NEXT Brokerage
List Price
$700,000
Sold Price
$690,000
Premium/Discount to List
-$10,000
-1.43%
Views
51
Current Estimated Value
$711,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,277
Avg. Annual Appreciation
2.88%
Original Mortgage
$552,000
Outstanding Balance
$546,251
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$165,026

Purchase Details

Closed on
Jun 30, 2023
Sold by
Whitesides Charles Early
Bought by
Whitesides Family Living Trust and Whitesides

Purchase Details

Closed on
Mar 21, 2018
Sold by
Whitesides Charles Early
Bought by
Whitesides Charles Early

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
4.69%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Whitesides Eleanor J
Bought by
Whitesides Charles Early

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 26, 2000
Sold by
Goffin Louise L
Bought by
Goffin Louise Lynn
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Correa Salvador $690,000 Equity Title - Los Angeles
Whitesides Family Living Trust -- None Listed On Document
Whitesides Charles Early -- First American Title Company
Whitesides Charles Early -- Southland Title Corporation
Goffin Louise Lynn -- Equity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Salvador $552,000
Previous Owner Whitesides Charles Early $1,050,000
Previous Owner Whitesides Charles Early $825,000
Previous Owner Whitesides Charles Early $720,000
Previous Owner Whitesides Charles Early $25,000
Previous Owner Whitesides Charles Early $90,000
Previous Owner Whitesides Charles Early $120,500
Previous Owner Whitesides Charles Early $25,000
Previous Owner Whitesides Charles Early $119,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $690,000 -1.4% $655 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $700,000 -- $665 / 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 $1,243 $690,000 $500,000 $190,000
2024 $1,243 $88,273 $29,187 $59,086
2023 $1,222 $86,543 $28,615 $57,928
2022 $1,169 $84,847 $28,054 $56,793
2021 $1,150 $83,184 $27,504 $55,680
2019 $1,117 $80,919 $26,689 $54,230
2018 $1,085 $79,337 $26,166 $53,171
2016 $1,026 $76,065 $25,150 $50,915
2015 $1,013 $74,924 $24,773 $50,151
2014 $1,030 $73,457 $24,288 $49,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-372209

The MLS

APN: 5306-011-003