NOT LISTED FOR SALE

Estimated Value: $952,000 - $1,235,000

4 Beds
3 Baths
1,680 Sq Ft
$672/Sq Ft Est. Value

Last Sold May 11, 2019

Last sale price $800,000 $476 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,010/month

12 Days on Market

Highlights

  • Guest House
  • RV Access or Parking
  • Converted Garage
  • Newly Remodeled
  • Craftsman Architecture
  • Garage

About This Home

As of May 2019

Welcome home to an exquisitely remodeled Craftsman home that is nestled in the heart of the highly desirable historic Los Angeles neighborhood of Leimert Park and rests on a large 6500+ sq ft lot. This turn-key, fully remodeled home features a spacious main house with 3 bedrooms and 2 bathrooms, plus an added bonus of a detached, fully permitted 545 sq ft 1 bedroom, 1 bathroom guest house. The main house features an open contemporary layout with wood flooring and shines bright with natural light. Enjoy entertaining guests in your brand new chef’s kitchen with stainless steel appliances, center island, Arlington Gray quartz countertops and white shaker cabinetry. Private master suite features a beautiful en-suite bathroom with a marble and glass tile shower. The main home is pre-wired for surround sound and cable. Guest house features a gorgeous kitchen with spacious living room. Additional upgrades include tankless water heater, new electrical throughout, separate electrical meters for main house and guest house and RV/Boat parking. Minutes to the light rail subway, and a short distance to USC, Downtown, LAX and Culver City.

Last Agent to Sell the Property

Nathan Paterson

Beverly and Company, Inc. License #02053157 Listed on: 04/03/2019

Beverly and Company, Inc.

Last Buyer's Agent

John Capiro

Compass License #00925696

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,831

Year Built

  • Built in 1922 | Newly Remodeled

Lot Details

  • 6,501 Sq Ft Lot
  • Sprinklers on Timer

Home Design

  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 1,680 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Garage
  • Converted Garage
  • Oversized Parking
  • Driveway
  • RV Access or Parking

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5034-019-048

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,831

Year Built

Built in 1922 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Building Permit: Yes
  • Living Area: 1680
  • Property Condition: New Construction
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven
  • Price Per S Q F T: 475.60
  • Windows: Double Pane Windows

Exterior Features

  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Paved: Yes
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Parking Garage: Converted Garage, Driveway, Driveway - Concrete, Garage Is Detached, Oversized, Private, RV Access

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Assessed Improvement Value: 12811
  • Assessed Land Value: 28556
  • Assessor Parcel Number: 5034-019-048
  • Geocode Override: No
  • Lot Size Area: 6501

Rental Info

  • Land Lease Type: Fee

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Apr 16, 2019
Sold by
4004 2Nd Avenue Llc
Bought by
Huaman Alex E Ylanzo
Seller's Agent
Nathan Paterson
Beverly and Company, Inc.
Buyer's Agent
John Capiro
Compass
List Price
$824,400
Sold Price
$799,000
Premium/Discount to List
-$25,400
-3.08%
Current Estimated Value
$1,115,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,496
Avg. Annual Appreciation
5.67%
Original Mortgage
$560,000
Outstanding Balance
$512,324
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$615,887

Purchase Details

Closed on
Jun 14, 2018
Sold by
Powell Terrence
Bought by
4004 2Nd Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 29, 2018
Sold by
Edwards Hayward E
Bought by
Powell Terrence

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
7.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Huaman Alex E Ylanzo $800,000 Old Republic Title
4004 2Nd Avenue Llc $515,000 Old Republic Title
Powell Terrence -- Old Republic Title
Powell Terrence -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huaman Alex E Ylanzo $560,000
Previous Owner 4004 2Nd Avenue Llc $360,500
Previous Owner Edwards Hayward E $435,478
Previous Owner Edwards Hayward E $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2019 05/11/19 Sold $800,000 +0.1% $476 / Sq Ft
05/11/2019 05/11/19 Sold $799,000 0.0% $476 / Sq Ft
04/13/2019 04/13/19 Pending -- -- --
04/09/2019 04/09/19 Price Changed $799,000 -3.1% $476 / Sq Ft
04/03/2019 04/03/19 For Sale $824,400 -2.9% $491 / Sq Ft
03/06/2019 03/06/19 For Sale $849,000 -- $505 / 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 $10,831 $892,411 $713,931 $178,480
2024 $10,831 $874,914 $699,933 $174,981
2023 $10,626 $857,759 $686,209 $171,550
2022 $10,138 $840,941 $672,754 $168,187
2021 $10,010 $824,453 $659,563 $164,890
2020 $10,111 $816,000 $652,800 $163,200
2019 $3,409 $515,000 $412,000 $103,000
2018 $4,353 $42,194 $29,127 $13,067
2016 $586 $40,557 $27,997 $12,560
2015 $579 $39,949 $27,577 $12,372
2014 $591 $39,167 $27,037 $12,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-451340

The MLS

APN: 5034-019-048