$600,000
SOLD MAY 14, 2024
4 Beds
2 Baths
1,876 Sq Ft
5,207 Sq Ft Lot

Recently Sold

$320 Per Sq Ft

8% Below List Price

41 Days on Market

Highlights

  • Bungalow
  • Wood Siding
  • 1-Story Property
  • East Facing Home
  • Front Yard
  • 5-minute walk to Martin Luther King Jr Park

About This Home

As of March 2025

Classic Exposition Park, detached, bungalow style duplex with all of the architectural detail that Los Angeles is known for. Great opportunity for owner-user or a savvy investor. Potential for upside in rents or complete redevelopment. Developers may be able to take advantage of Transit Oriented Construction benefits due to the 2-block proximity to the metro rail line. LAR2 zoning and opportunity zone inclusion make this a prime property for development. The close proximity to shopping, transportation, parks, USC, downtown LA, and medical care make this an attractive rental area. Single water meter and individual electric and gas meters. Buyer to verify all details. Do NOT disturb occupants.

Last Agent to Sell the Property

Melissa Barlow

MB Real Estate and Asset Management License #01498928 Listed on: 03/12/2024

Co-Listed By

Scott Briscoe

Estate Properties License #01753474

Last Buyer's Agent

Scott Briscoe

Estate Properties License #01753474

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,890

Year Built

  • Built in 1909

Lot Details

  • 5,207 Sq Ft Lot
  • East Facing Home
  • Front Yard
  • Property is zoned LAR2

Parking

  • Driveway

Home Design

  • Bungalow
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 1,876 Sq Ft Home
  • 1-Story Property
  • Window Bars

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Property is located within a water district
  • Sewer in Street

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas, trash collection
  • The owner pays for water
  • Assessor Parcel Number 5036-025-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,890

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Classic Exposition Park, detached, bungalow style duplex with all of the architectural detail that Los Angeles is known for. Great opportunity for owner-user or a savvy investor. Potential for upside in rents or complete redevelopment. Developers may be able to take advantage of Transit Oriented Construction benefits due to the 2-block proximity to the metro rail line. LAR2 zoning and opportunity zone inclusion make this a prime property for development. The close proximity to shopping, transportation, parks, USC, downtown LA, and medical care make this an attractive rental area. Single water meter and individual electric and gas meters. Buyer to verify all details. Do NOT disturb occupants.
  • Alley: No
  • Entry Location: Ground Level w/steps
  • Living Area: 1876
  • Lot Acreage: 0.1195
  • Probate: No
  • Stories: 1
  • Year Built: 1909
  • Number Of Photos: 3
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Common Walls: Detached/No Common Walls
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 319.83

Exterior Features

  • Direction Faces: East
  • Construction: Wood Siding
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Water District: LADWP
  • Security: Window Bars
  • Sewer: In Street
  • Water: District
  • Water Expense: 1225.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 1500.00

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 36.66
  • Assessed Improvement Value: 41260
  • Assessed Land Percent: 63.34
  • Assessed Land Value: 71289
  • Total Assessed Value: 112549
  • Assessor Parcel Number: 5036-025-022
  • Lot Description: Front Yard
  • Lot Size Area: 5207

Rental Info

  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas, Trash Collection

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 28.06
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 10285
  • Type Of Units: Residential
  • Vacancy Allow: 0
  • Vacancy Allow Percent: 0.00
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 7560.00

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
May 7, 2024
Sold by
Trust A Of The Chung Family Trust and Trust B Of The Chung Family Trust
Bought by
Angeleno Home Llc
Seller's Agent
Melissa Barlow
MB Real Estate and Asset Management
Buyer's Agent
Scott Briscoe
Estate Properties
List Price
$650,000
Sold Price
$600,000
Premium/Discount to List
-$50,000
-7.69%
Views
290
Current Estimated Value
$1,065,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$465,690
Avg. Annual Appreciation
56.74%

Purchase Details

Closed on
Jun 6, 2008
Sold by
Chung Mary and Chung Family Trust
Bought by
Chung Mary and Trust A
Source: Public Records

Similar Homes in Los Angeles, CA

  • 1336 W 46th St, Los Angeles, CA 90037

    $710,000

    • 3 Beds
    • 1.5 Baths
    • 1,340 Sq Ft
    • 1336 W 46th St
    • Los Angeles, CA

    Discover this charming historic bungalow featuring 3 bedrooms, 1 full bathroom, and an additional half bath—ideal for modern convenience. The large dining area seamlessly flows into the living room, creating an inviting space perfect for entertaining guests and hosting family gatherings. Situated on a generously-sized lot, this property offers significant potential to build an ADU or expand

    Eric Van Denk Central Valley Property Advisors

    Section Image
  • 6031 6th Ave, Los Angeles, CA 90043

    $688,000

    • 3 Beds
    • 2 Baths
    • 1,583 Sq Ft
    • 6031 6th Ave
    • Los Angeles, CA

    Welcome to 6031 6th Avenue, Los Angeles, CA 90043 – a beautifully maintained Spanish-style single-family home located in the heart of the vibrant Park Mesa Heights neighborhood. Built in 1928, this charming residence offers 3 bedrooms and 2 bathrooms across 1,583 sq ft of living space on a 4,801 sq ft lot.The home showcases timeless architectural details alongside a permitted primary

    Eli Strickland RE/MAX INNOVATIONS

    Section Image
  • 1601 W 67th St, Los Angeles, CA 90047

    $719,900

    • 3 Beds
    • 1 Bath
    • 876 Sq Ft
    • 1601 W 67th St
    • Los Angeles, CA

    LOCATION ! LOCATION! LOCATION! This air conditioned home with newer windows, boasts a beautifully remodeled kitchen and bathroom. It is located just 10 minutes from the SoFi Stadium and Intuit Dome, The ready to move-in corner home is a MUST See! Situated on a spacious, gated corner lot with a detached garage, on a quiet street but still minutes from anything you could need in Los Angeles and

    Gabriela Ruiz Excellence RE Real Estate

    Section Image
  • 5943 Wall St, Los Angeles, CA 90003

    $544,999

    • 2 Beds
    • 1 Bath
    • 840 Sq Ft
    • 5943 Wall St
    • Los Angeles, CA

    Welcome to 5943 Wall St., a charming 2-bedroom, 1-bathroom home nestled in the heart of Los Angeles. This 840-square-foot residence offers cozy and efficient living with a well-designed layout that maximizes space and functionality. Located in a vibrant neighborhood, this home is close to shopping, dining, and entertainment options, making it an ideal choice for those looking to experience the

    Mario Mariscal Better Homes and Gardens RE

    Section Image
  • 2933 S Redondo Blvd, Los Angeles, CA 90016

    $499,000

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • 2933 S Redondo Blvd
    • Los Angeles, CA

    New Co-Ownership Opportunity: Welcome to 2933 Redondo Blvd A Ground-Level Gem in Historic West Adams, part of a Tenancy-in-Common (TIC) community. Discover timeless charm and effortless convenience in this thoughtfully updated 2-bedroom, 1-bath residence nestled in the heart of the West Adams Arts District. Situated on the ground floor of a classic 1929 Spanish duplex, this inviting

    Stephanie Younger Compass

    Section Image
  • 2937 Redondo Blvd, Los Angeles, CA 90016

    $499,000

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • 2937 Redondo Blvd
    • Los Angeles, CA

    New Co-Ownership Opportunity: Welcome to 2937 Redondo Blvd A Ground-Level Gem in Historic West Adams, part of a Tenancy-in-Common (TIC) community. Discover timeless charm and effortless convenience in this thoughtfully updated 2-bedroom, 1-bath residence nestled in the heart of the West Adams Arts District. Situated on the ground floor of a classic 1929 Spanish duplex, this inviting

    Stephanie Younger Compass

    Section Image
  • 2941 Redondo Blvd, Los Angeles, CA 90016

    $733,000

    • 2 Beds
    • 2 Baths
    • 1,200 Sq Ft
    • 2941 Redondo Blvd
    • Los Angeles, CA

    Welcome to 2941 Redondo Blvd, a beautifully restored 1929 Spanish carriage house nestled in the vibrant West Adams Arts District, just moments from Culver City. From the moment you enter the private, gated driveway and stroll through the romantic landscaped courtyard, you'll know you've discovered something truly special. This detached 2-bedroom, 2-bath residence offers approximately 1,200 square

    Stephanie Younger Compass

    Section Image
  • 2939 Redondo Blvd, Los Angeles, CA 90016

    $594,000

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • 2939 Redondo Blvd
    • Los Angeles, CA

    Welcome to 2941 Redondo Blvd, a beautifully restored 1929 Spanish carriage house nestled in the vibrant West Adams Arts District, just moments from Culver City. From the moment you enter the private, gated driveway and stroll through the romantic landscaped courtyard, you'll know you've discovered something truly special. This detached 2-bedroom, 2-bath residence offers approximately 1,200 square

    Stephanie Younger Compass

    Section Image
  • 2935 Redondo Blvd, Los Angeles, CA 90016

    $599,000

    • 2 Beds
    • 1 Bath
    • 880 Sq Ft
    • 2935 Redondo Blvd
    • Los Angeles, CA

    New Co-Ownership Opportunity: Welcome to 2935 Redondo Blvd A Top Floor Gem in Historic West Adams, part of a Tenancy-in-Common (TIC) community. Discover timeless charm and effortless convenience in this thoughtfully updated 2-bedroom, 1-bath residence nestled in the heart of the West Adams Arts District. Situated on the top floor of a classic 1929 Spanish duplex, this inviting 880-square-foot

    Stephanie Younger Compass

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $600,000 First American Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 New Conventional
Closed $350,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2025 03/19/25 Sold $1,075,000 -2.3% $573 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
02/20/2025 02/20/25 For Sale $1,099,900 0.0% $586 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/22/2025 01/22/25 Price Changed $1,099,900 -2.6% $586 / Sq Ft
01/03/2025 01/03/25 For Sale $1,129,000 +88.2% $602 / Sq Ft
05/14/2024 05/14/24 Sold $600,000 0.0% $320 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/09/2024 04/09/24 Price Changed $600,000 -7.7% $320 / Sq Ft
03/12/2024 03/12/24 For Sale $650,000 -- $346 / 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 $8,890 $612,000 $489,600 $122,400
2024 $8,890 $714,000 $510,000 $204,000
2023 $1,678 $112,549 $71,289 $41,260
2022 $1,613 $110,343 $69,892 $40,451
2021 $1,581 $108,180 $68,522 $39,658
2020 $1,592 $107,072 $67,820 $39,252
2019 $1,540 $104,974 $66,491 $38,483
2018 $1,465 $102,917 $65,188 $37,729
2016 $1,385 $98,922 $62,657 $36,265
2015 $1,368 $97,437 $61,716 $35,721
2014 $1,388 $95,530 $60,508 $35,022
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-368291

The MLS

APN: 5036-025-022