NOT LISTED FOR SALE

Estimated Value: $1,191,000 - $1,541,379

4 Beds
2 Baths
2,892 Sq Ft
$484/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $885,000 $306 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $8,793/month

136 Days on Market

Highlights

  • City Lights View
  • Living Room with Fireplace
  • Stained Glass
  • Colonial Architecture
  • Balcony
  • Central Heating

About This Home

As of November 2019

A MASTERPIECE - The beauty of this historical gem surpasses old world charm. The floor-plan is warm and inviting, the bedrooms are unusually large with hardwood floors in excellent condition. Each unit contains the the square footage you might expect in a private home, each unit represents a large family home. The living rooms are huge and have cathedral vaulted ceilings with exquisite designer molding and beautiful original hardwood floors. There is a back yard for entertaining / lounging and a private alley which services 6 car garages. This property is unique in this feature. The upstairs unit has some upgrades including newer counter tops and recessed lighting. Located a couple blocks away from new metro station, 12 minutes to beaches, 5 minutes to USC. Family friendly restaurants and parks in walking West Adams district. Court 8-5-19 8:30AM

Last Agent to Sell the Property

John Scott

John L. Scott Real Estate License #01369752 Listed on: 12/22/2018

John L. Scott Real Estate

Last Buyer's Agent

John Scott

John L. Scott Real Estate License #01369752 Listed on: 12/22/2018

John L. Scott Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,697

Year Built

  • Built in 1934

Lot Details

  • 8,252 Sq Ft Lot
  • Manual Sprinklers System

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Colonial Architecture

Interior Spaces

  • 2,892 Sq Ft Home
  • 2-Story Property
  • Stained Glass
  • Living Room with Fireplace
  • Dining Room
  • City Lights Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony

Utilities

  • Central Heating
  • Sewer in Street
  • Cable TV Available
  • TV Antenna

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5051-004-020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,697

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish Colonial
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Living Area: 2892
  • Probate: Yes
  • Stories: 2
  • Year Built: 1934
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Disposal: 2
  • Number Drapes: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Bedrooms: 4
  • Dining Room: 1
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Antenna
  • Price Per S Q F T: 290.11
  • Windows: Stained or Leaded

Exterior Features

  • Tennis Court Y/N: No
  • Patio: Balcony
  • Pool: No
  • Spa Yn: No
  • View: City Lights
  • View: Yes

Garage/Parking

  • Number Rented Garages: 4
  • Parking Garage: Garage - 4+ Car
  • Total Parking: 6

Utilities

  • TV Svcs: Cable TV
  • Heating: Central
  • Sewer: In Street Paid

Lot Info

  • Sprinklers: Manual
  • Assessed Improvement Value: 33138
  • Assessed Land Value: 32294
  • Assessor Parcel Number: 5051-004-020
  • Geocode Override: No
  • Lot Size Area: 8252

Rental Info

  • Number Leased: 1
  • Court Approve: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 242.00
  • Number Of Units: 2
  • Number Wall A C: 0
  • Total Annual Expense: 300
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2021
Sold by
Rimon Investments Llc
Bought by
4014 Adams Llc
Current Estimated Value
$1,400,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Outstanding Balance
$925,225
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$475,120

Purchase Details

Closed on
Jul 31, 2020
Sold by
Rimon Sareet
Bought by
Rimion Adam

Purchase Details

Closed on
Jul 25, 2020
Sold by
Rimon Investments Llc
Bought by
Rimon Adam

Purchase Details

Closed on
Sep 6, 2019
Sold by
Joseph Dwayne and Joseph Lee G
Bought by
Rimon Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$851,225
Interest Rate
3.5%
Mortgage Type
Commercial
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
4014 Adams Llc -- Chicago Title
Rimion Adam -- None Available
Rimon Adam -- None Available
Rimon Investments Llc $882,000 Stewart Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 4014 Adams Llc $984,000
Previous Owner Rimon Investments Llc $851,225
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2019 11/22/19 Sold $885,000 +5.5% $306 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
12/22/2018 12/22/18 For Sale $839,000 -- $290 / 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 $16,697 $1,374,687 $865,945 $508,742
2024 $16,697 $1,347,733 $848,966 $498,767
2023 $16,380 $1,321,308 $832,320 $488,988
2022 $15,628 $1,295,400 $816,000 $479,400
2021 $10,977 $891,136 $666,837 $224,299
2020 $11,086 $882,000 $660,000 $222,000
2019 $1,301 $68,073 $33,597 $34,476
2018 $1,197 $66,739 $32,939 $33,800
2016 $1,121 $64,150 $31,661 $32,489
2015 $1,109 $63,187 $31,186 $32,001
2014 $1,130 $61,951 $30,576 $31,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-415744

The MLS

APN: 5051-004-020