NOT LISTED FOR SALE

Estimated Value: $1,268,000 - $1,437,000

3 Beds
2 Baths
1,473 Sq Ft
$924/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,410,000 $957 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,360/month

17 Days on Market

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • No HOA
  • Views of Trees
  • Spanish Architecture
  • Covered Patio or Porch

About This Home

As of July 2024

Welcome home to an oasis in the center of the city; situated in one of LA's most vibrant and historic neighborhoods - Leimert Park. Character rich details abound, in this updated light and bright 1930's Spanish bungalow. This owner-user renovated home is the one you've been waiting for. Exuding timeless elegance and marrying the old and the new, three gracious bedrooms and two custom baths evoke a by-gone era while updated for contemporary living. Nestled back and situated on one of the best blocks in the community, palm tree-lined Cherrywood Ave, this is the home where you and yours can write your next chapter of your LA story. A native drought tolerant front yard with peek-a-boo views of the Hollywood Hills and famed Hollywood Sign instantly greet you, as you wind your way up the stone path. Open the gate and become transported to your own world. Private, front porch and gated courtyard offers the perfect spot to sip your morning coffee, read, relax, or drift away the days. Classic, wooden front door opens to a beautiful entry where rich oak hardwood floors abound. Bright natural light pours in from the large windows where you are welcomed to an expansive living room, complete with exquisite fireplace and mantel, high ceilings, wood beams, moldings and charm. Formal dining room with coved ceiling, archways, and accented with original detailed molding continues the experience of magic. Gourmet kitchen boasts stainless-steel appliances, dual ovens, built-in cabinets, and separate laundry area and cozy breakfast nook. Plus your own "doggy diner" pet water bowl water refilling station. Two guest bedrooms offer ample space to have the perfect guest bedroom, nursery or home office. Primary bedroom offers a large space that boasts a walk-in closet, and ensuite custom bath. French Doors open to reveal an expansive backyard ready to be explored complete with lemon tree, bougainvillea, calla lilies and private hedges. Your own world of outdoor entertaining awaits perfect for those long, idyllic summer nights, enjoying friends, al-fresco dining, or simply sunning the day away. Relax and sit under enclosed pergola with the feeling of escape at home. Detached garage with built-in storage cabinets and drawers, makes for the perfect work-from-home office, gym, or additional living space. Upgrades include electric, roof, Nest System, drought-tolerant landscaping, exterior turf, Pepper Home wallpaper. Close proximity to Culver City, the Expo and Crenshaw lines, USC, Village Green, Jefferson Park, West Adams and all the incredible culinary and cultural hotspots nearby: Jon & Vinny's Slauson, Highly Likely, Alta, Mizlala, Vicky's All Day, Delicious Pizza, Art & Practice Art Gallery and more the dream awaits you.

Last Agent to Sell the Property

Alexandria Jack

Compass License #01952539 Listed on: 06/07/2024

Compass

Last Buyer's Agent

Erica Lockhart

Compass License #01763313

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,002

Year Built

  • Built in 1939

Lot Details

  • 6,020 Sq Ft Lot
  • Lot Dimensions are 51x118
  • Property is zoned LAR1

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Clay Roof

Interior Spaces

  • 1,473 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Beamed Ceilings
  • French Doors
  • Living Room with Fireplace
  • Dining Area
  • Utility Room
  • Views of Trees

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Sewer in Street

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5033-014-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,002

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Exclusions: Dining Room Chandelier excluded from the sale
  • Living Area: 1473
  • Lot Acreage: 0.1382
  • Lot Dimensions: 51x118
  • Stories: 1
  • Year Built: 1939
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Crown Moldings, Beamed Ceiling(s)
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Appliances: Gas
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Nook, Dining Area, In Kitchen
  • Kitchen Features: Gourmet Kitchen
  • Laundry: Inside, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Refrigerator, Stackable W/D Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 947.05

Exterior Features

  • Other Features: French Doors
  • Other Structures: None
  • Pool: No
  • Roof: Clay, Flat
  • Spa Yn: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Parking Garage: Garage - 2 Car, Driveway - Concrete
  • Total Parking: 4

Utilities

  • Water Heater: Tankless
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5033-014-037
  • Lot Size Area: 6020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jul 9, 2024
Sold by
Mcilwraith John C and Arbuckle Emily A
Bought by
Lauredan Family Trust and Lauredan
Seller's Agent
Alexandria Jack
Compass
Buyer's Agent
Erica Lockhart
Compass
List Price
$1,395,000
Sold Price
$1,410,000
Premium/Discount to List
$15,000
1.08%
Views
17
Current Estimated Value
$1,361,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,693
Avg. Annual Appreciation
-4.08%
Original Mortgage
$1,198,500
Outstanding Balance
$1,184,796
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$159,232

Purchase Details

Listed on
Jun 15, 2020
Closed on
Jul 15, 2020
Sold by
Pintozzi Joseph and Pintozzi Erin
Bought by
Mcilwraith John C and Arbuckle Emily A
Seller's Agent
Victoria Mueller
Compass
Buyer's Agent
Michael Cohen
Compass
List Price
$899,000
Sold Price
$924,500
Premium/Discount to List
$25,500
2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$739,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 14, 2018
Closed on
May 11, 2018
Sold by
Obioha Igbodike
Bought by
Pintozzi Joseph and Pintozzi Erin
Seller's Agent
Teresa Mack
Pacific Playa Realty
Buyer's Agent
Victoria Mueller
Compass
List Price
$769,000
Sold Price
$769,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$691,331
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2016
Sold by
Obioh
Bought by
Obioh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.6%

Purchase Details

Closed on
Dec 24, 2003
Sold by
Obioha Nwajiaku Blessing and Obioha Pauline A
Bought by
Obioha Igbodike G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 18, 1995
Sold by
Martin Ada L
Bought by
Obioha Nwajiaku Blessing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
8.25%
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
Lauredan Family Trust $1,410,000 Equity Title Company
Mcilwraith John C $924,500 Fidelity National Title Co
Pintozzi Joseph $769,000 Fidelity National Title Comp
Obioh -- --
Obioha Igbodike G $320,000 Fidelity National Title Co
Obioha Nwajiaku Blessing $165,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauredan Family Trust $1,198,500
Previous Owner Mcilwraith John C $374,400
Previous Owner Mcilwraith John C $739,600
Previous Owner Pintozzi Joseph $691,331
Previous Owner Obioh --
Previous Owner Obioha Igbodike G $479,000
Previous Owner Obioha Igbodike G $424,800
Previous Owner Obioha Igbodike G $369,750
Previous Owner Obioha Igbodike G $272,000
Previous Owner Obioha Nwajiaku Blessing $60,000
Previous Owner Obioha Nwajiaku Blessing $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2024 07/16/24 Sold $1,410,000 +1.1% $957 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,395,000 +50.9% $947 / Sq Ft
07/31/2020 07/31/20 Sold $924,500 +2.8% $628 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $899,000 +16.9% $610 / Sq Ft
05/15/2018 05/15/18 Sold $769,000 0.0% $522 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $769,000 -- $522 / 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 $12,002 $1,410,000 $1,240,800 $169,200
2024 $12,002 $981,084 $784,868 $196,216
2023 $11,772 $961,848 $769,479 $192,369
2022 $11,228 $942,990 $754,392 $188,598
2021 $11,087 $924,500 $739,600 $184,900
2020 $9,904 $800,067 $640,054 $160,013
2019 $9,513 $784,380 $627,504 $156,876
2018 $5,676 $456,132 $319,884 $136,248
2016 $4,770 $384,323 $307,463 $76,860
2015 $4,701 $378,551 $302,845 $75,706
2014 $4,725 $371,137 $296,913 $74,224
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-399535

The MLS

APN: 5033-014-037