NOT LISTED FOR SALE

Estimated Value: $1,156,000 - $1,509,000

5 Beds
4.5 Baths
2,111 Sq Ft
$615/Sq Ft Est. Value

Last Sold March 12, 2024

Last sale price $1,425,000 $675 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,076/month

9 Days on Market

Highlights

  • New Construction
  • Deck
  • No HOA
  • Solar Power System
  • Modern Architecture
  • Balcony

About This Home

As of March 2024

Great New Price! Designer done 2-On-A-Lot in sought-after location at the vibrant hub of Jefferson Park and Leimert Park. The front, fully new construction home is an incredible modern architectural with 3BR, 2.5BA and an expansive private deck. Steeped in natural light, the inviting, open floor plan of the main level is the perfect setting for entertaining, relaxing, and family get-togethers. The custom kitchen sports white lacquer cabinets, stainless-steel appliances, and a generous island, finished in a modern, gray quartz. The spacious living/dining area opens onto a sizable, tree-lined deck, perfect for morning coffee or summer dinner party. Upstairs are 3 cozy bedrooms, the primary with a large walk-in closet and a luxurious, custom bath featuring dual sink vanity. 2 additional bedrooms upstairs share the gorgeous adjacent bath. The rear home is a masterful designer remodel 2BR/2BA with private deck. Dramatic stonework on the impressive kitchen island is the focal point of the light-filled main living space. The custom kitchen boasts natural wood toned cabinetry and stainless-steel appliances that perfectly complement the black and white veined stone island and backsplash. Large sliding doors open onto the inviting private deck. The spacious primary bedroom offers ample living space and a stylish, modern ensuite bath with walk-in rainfall shower. Large second bedroom and sleek full bath adjacent. Small outdoor area in back perfect for garden, dog-run or storage. Each home is separately metered. Front house with 7 solar panels, 220V outlet in driveway for EV charging, smart Navien tankless water heaters. New central air/heat. Close to shopping, restaurants, coffeeshops, and more on both Crenshaw Blvd and Adams Ave. A remarkable new property and an even better investment opportunity!

Last Agent to Sell the Property

Regina Vannicola

Compass License #01389034 Listed on: 01/25/2024

Compass

Last Buyer's Agent

Nicholas Hedberg

Beverly and Company, Inc. License #02016456

Beverly and Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,042

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 4,027 Sq Ft Lot
  • Lot Dimensions are 40x100
  • Gated Home
  • Property is zoned LARD1.5

Home Design

  • Modern Architecture
  • Split Level Home

Interior Spaces

  • 2,111 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Dining Area
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Powder Room
  • Double Vanity

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Balcony
  • Deck
  • Open Patio

Additional Features

  • Solar Power System
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5042-007-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,042

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Modern
  • Levels: Multi/Split
  • Street Number Display: Yes
  • Living Area: 2111
  • Lot Acreage: 0.0924
  • Lot Dimensions: 40x100
  • Property Condition: New Construction, Updated/Remodeled
  • Stories: 2
  • Year Built: 2023
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: NewHome

Interior Features

  • Flooring: Vinyl
  • Bedrooms: 5
  • Full Bathroom: 4
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Double Vanity(s)
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit, Laundry Area
  • Total Bathrooms: 5.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Refrigerator, Range/Oven, Microwave, Washer, Built-Ins, Freezer, Ice Maker, Solar Panels
  • Price Per S Q F T: 675.04

Exterior Features

  • Other Structures: Other
  • Patio: Balcony, Deck(s), Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated, Carbon Monoxide Detector(s), Smoke Detector

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 5042-007-027
  • Lot Size Area: 4027

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Feb 7, 2024
Sold by
3756 4Th Avenue Llc
Bought by
Assari Shayan Modiri
Seller's Agent
Regina Vannicola
Compass
Buyer's Agent
Nicholas Hedberg
Beverly and Company, Inc.
List Price
$1,425,000
Sold Price
$1,425,000
Views
41
Current Estimated Value
$1,298,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$126,995
Avg. Annual Appreciation
-6.19%
Original Mortgage
$1,140,000
Outstanding Balance
$1,120,393
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$177,612

Purchase Details

Listed on
Mar 21, 2022
Closed on
Jul 3, 2022
Sold by
Nobahar Hamid R and Nobahar Haleh
Bought by
3756 4Th Avenue Llc
Seller's Agent
Obie Nwabuzor
Pacific Playa Realty
Buyer's Agent
R. Austin Brasch
The Agency
List Price
$605,000
Sold Price
$675,000
Premium/Discount to List
$70,000
11.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.09%

Purchase Details

Closed on
Apr 10, 2008
Sold by
The Richard L Jones Separate Property Tr
Bought by
Jones Osric L
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
Assari Shayan Modiri $1,425,000 Stewart Title
3756 4Th Avenue Llc -- None Listed On Document
Jones Osric L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assari Shayan Modiri $1,140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2024 03/12/24 Sold $1,425,000 0.0% $675 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $1,425,000 +111.1% $675 / Sq Ft
05/12/2022 05/12/22 Sold $675,000 +11.6% $1,018 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $605,000 -- $913 / 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 $12,042 $1,453,500 $1,162,800 $290,700
2024 $12,042 $976,140 $550,800 $425,340
2023 $8,471 $688,500 $550,800 $137,700
2022 $479 $22,804 $16,139 $6,665
2021 $468 $22,358 $15,823 $6,535
2019 $459 $21,696 $15,354 $6,342
2018 $399 $21,271 $15,053 $6,218
2016 $379 $20,447 $14,469 $5,978
2015 $375 $20,141 $14,252 $5,889
2014 $388 $19,747 $13,973 $5,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-351589

The MLS

APN: 5042-007-027