NOT LISTED FOR SALE

Estimated Value: $733,000 - $1,027,442

2 Beds
2 Baths
1,700 Sq Ft
$507/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $720,000 $424 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,348/month

45 Days on Market

Highlights

  • Wood Flooring
  • Ground Level Unit
  • Lawn
  • Spanish Architecture
  • Granite Countertops
  • Built-In Features

About This Home

As of December 2021

Character, charm, location, income, and modern conveniences - Here is your chance to own a beautiful Spanish duplex in highly sought after Leimert Park. The freshly painted main unit is move-in ready, perfect for an owner occupier or the opportunity to collect prime rental income. Enter into a spacious living room adorned with a grand picture window, crown molding, and built-ins. Adjacent is a generously sized dining room area that leads into an updated kitchen complete with white cabinets and polished granite. Tucked away is a laundry room and convenient side yard access. A long hall thoughtfully separates the living areas from the massive bedroom. The second unit has been meticulously maintained. Spread out into the large lush backyard with mature bamboo perimeter offering shade and privacy. Behind the perfectly patinaed iron gate and down the long driveway sits a huge rear shed that could store a car or serve as a workshop. Gas and electric are separately metered.

Last Agent to Sell the Property

Vivian Chaing

Property Concierge License #01983759 Listed on: 09/06/2021

Co-Listed By

Victor Migenes

Property Concierge License #01833363

Last Buyer's Agent

Odest Riley

Odest Riley License #02084535

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,331

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 6,503 Sq Ft Lot
  • East Facing Home
  • Drip System Landscaping
  • Lawn
  • Front Yard

Home Design

  • Spanish Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 1,700 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Living Room
  • Dining Area
  • Storage
  • Laundry Room

Kitchen

  • Oven or Range
  • Granite Countertops
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Bathtub with Shower

Parking

  • 3 Parking Spaces
  • Private Parking
  • Auto Driveway Gate
  • Driveway

Outdoor Features

  • Shed
  • Rain Gutters

Location

  • Ground Level Unit

Utilities

  • Heating System Mounted To A Wall or Window
  • Underground Utilities
  • Overhead Utilities
  • Gas Water Heater

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, cable TV, gas
  • The owner pays for water, gardener
  • Assessor Parcel Number 5034-020-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,331

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Ground Level, One
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 1700
  • Lot Acreage: 0.1493
  • Property Condition: Updated/Remodeled
  • Year Built: 1924
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Crown Moldings, Storage Space, Turnkey, Built-Ins, Common Walls
  • Number Carpet: 1
  • Number Range: 2
  • Flooring: Mixed, Hardwood, Tile, Carpet
  • Appliances: Gas
  • Bedrooms: 2
  • Common Walls: Attached
  • Bathroom Features: Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Formica Counters
  • Laundry: Laundry Area, Inside, Room
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins, Range/Oven
  • Price Per S Q F T: 411.18

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Structures: Shed(s)
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Driveway Gate, Private
  • Total Parking: 3

Utilities

  • Water Heater: Gas
  • Heating: Wall Gas
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Drip System
  • Assessed Improvement Percent: 30.06
  • Assessed Improvement Value: 153000
  • Assessed Land Percent: 69.94
  • Assessed Land Value: 355980
  • Total Assessed Value: 508980
  • Assessor Parcel Number: 5034-020-009
  • Lot Description: Front Yard, Lawn, Landscaped, Gutters, Sidewalks, Street Paved, Utilities - Overhead, Utilities Other, Utilities Underground
  • Lot Size Area: 6503

Rental Info

  • Number Leased: 1
  • Owner Pays: Water, Gardener
  • Rent Control: Yes
  • Tenant Pays: Electricity, Cable TV, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Number Wall A C: 2
  • Rent Control: 100
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 25, 2021
Sold by
Jorgensen Samuel Berner
Bought by
Mccoy Marquise Santwuan
Seller's Agent
Vivian Chaing
Property Concierge
Buyer's Agent
Odest Riley
Odest Riley
List Price
$749,000
Sold Price
$720,000
Premium/Discount to List
-$29,000
-3.87%
Current Estimated Value
$861,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,861
Avg. Annual Appreciation
4.87%
Original Mortgage
$734,796
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2019
Sold by
Crawford Renee R
Bought by
Jorgensen Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 7, 2013
Closed on
Mar 5, 2013
Sold by
Dayle Llc
Bought by
Crawford Renee R
Seller's Agent
David Spangler
Pinnacle Estate Properties, Inc.
Buyer's Agent
EARNEST KIDD
Berkshire Hathaway HomeServices California Properties
List Price
$329,900
Sold Price
$329,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$302,105
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2011
Sold by
Johnson Eric V
Bought by
Dayle Llc

Purchase Details

Closed on
Aug 27, 2008
Sold by
Tos Rosanna D
Bought by
Johnson Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.59%
Mortgage Type
New Conventional
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
Mccoy Marquise Santwuan $720,000 New Title Company Name
Jorgensen Samuel $499,000 Ticor Title Company Of Ca
Crawford Renee R $330,000 Chicago Title Company
Dayle Llc $199,000 None Available
Johnson Eric -- Investors Title Company Gln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccoy Marquise Santwuan $734,796
Previous Owner Jorgensen Samuel $199,000
Previous Owner Crawford Renee R $302,105
Previous Owner Johnson Eric $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $720,000 +3.0% $424 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/05/2021 10/05/21 Price Changed $699,000 -6.7% $411 / Sq Ft
09/06/2021 09/06/21 For Sale $749,000 +50.1% $441 / Sq Ft
06/24/2019 06/24/19 Sold $499,000 -0.2% $294 / Sq Ft
03/10/2019 03/10/19 For Sale $499,999 +51.6% $294 / Sq Ft
04/02/2013 04/02/13 Sold $329,900 0.0% $194 / Sq Ft
02/26/2013 02/26/13 Pending -- -- --
01/07/2013 01/07/13 For Sale $329,900 -- $194 / 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 $9,331 $764,068 $657,948 $106,120
2024 $9,331 $749,088 $645,048 $104,040
2023 $9,156 $734,400 $632,400 $102,000
2022 $8,738 $720,000 $620,000 $100,000
2021 $6,374 $514,252 $359,667 $154,585
2019 $4,606 $364,285 $253,896 $110,389
2018 $4,518 $357,143 $248,918 $108,225
2016 $4,312 $343,276 $239,253 $104,023
2015 $4,252 $338,121 $235,660 $102,461
2014 $4,279 $331,498 $231,044 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-780148

The MLS

APN: 5034-020-009