NOT LISTED FOR SALE

Estimated Value: $534,000 - $661,482

2 Beds
1 Bath
1,055 Sq Ft
$554/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $390,000 $370 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,743/month

11 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 3-minute walk to South Los Angeles Wetlands Park
  • Bathtub with Shower
  • 1-Story Property

About This Home

As of December 2020

Fixer Alert! Calling all Builders and Investors or anyone who wants to put in the sweat equity to make this home their own!! This is a great opportunity to rehab/build your new home or increase your investment portfolio. This home features 2 beds and 1 bath with great opportunity to maximize potential on this large lot. There is a lot of work to be done in order to restore this home or purchase for land value, which is zoned R2. This home has a shared driveway and two-car detached garage in back. Large enough lot to accommodate ADU. Minutes to downtown and USC. No repairs or warranties. Buyer and buyer’s agent to do own investigations and due diligence. Listing agent does not guarantee property details. Home to be sold in present condition.

Last Agent to Sell the Property

DENISE MITCHELL

MARSHALL REDDICK REAL ESTATE License #01723445 Listed on: 10/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,110

Year Built

  • Built in 1912

Lot Details

  • 5,096 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Parking

  • 2 Car Garage

Interior Spaces

  • 1,055 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Features

  • Exterior Lighting
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 15 / C
  • Tax Tract Number 15
  • Assessor Parcel Number 5101004010

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,110

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 3239992164
  • Other Phone Description: Denise Mitchell
  • Other Phone Number: 3239992164
  • Property Attached: No
  • View: No
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5101004010
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1055.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 369.67
  • Room Type: Kitchen, Laundry
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range, Water Heater
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5096.00
  • Lot Size Acres: 0.1170

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5096.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: C
  • Tax Census Tract: 2294.10
  • Tax Lot: 15
  • Tax Tract Number: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2021
Sold by
Ajnassian Dalia
Bought by
Lale Properties Llc
Current Estimated Value
$584,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 15, 2020
Sold by
Ajnassian Jacob
Bought by
Ajnassian Dalia
Seller's Agent
DENISE MITCHELL
MARSHALL REDDICK REAL ESTATE
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.57%

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 11, 2020
Sold by
Stockpile Property Ventures Llc
Bought by
Ajnassian Dalia
Seller's Agent
DENISE MITCHELL
MARSHALL REDDICK REAL ESTATE
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%

Purchase Details

Listed on
Oct 23, 2020
Closed on
Dec 9, 2020
Sold by
Nolley Joy and Wright Jacqueline
Bought by
Stockpile Property Ventures Llc
Seller's Agent
DENISE MITCHELL
MARSHALL REDDICK REAL ESTATE
List Price
$435,000
Sold Price
$390,000
Premium/Discount to List
-$45,000
-10.34%

Purchase Details

Closed on
Aug 20, 2007
Sold by
Wright Joseph
Bought by
Wright Joseph and Joseph Wright Trust

Purchase Details

Closed on
Jan 18, 2006
Sold by
Wright Joseph and Wright Laverne
Bought by
Wright Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.28%
Mortgage Type
Fannie Mae Freddie Mac
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
Lale Properties Llc $460,000 Equity Title Los Angeles
Ajnassian Dalia -- Lawyers Title Company
Ajnassian Dalia $395,000 Lawyers Title Company
Stockpile Property Ventures Llc $390,000 Lawyers Title Company
Wright Joseph -- None Available
Wright Joseph $45,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lale Properties Llc $220,000
Previous Owner Lale Properties Llc $220,000
Previous Owner Wright Joseph $544,185
Previous Owner Wright Joseph $140,000
Previous Owner Wright Joseph $45,000
Previous Owner Wright Joseph $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $390,000 -10.3% $370 / Sq Ft
11/03/2020 11/03/20 Pending -- -- --
10/23/2020 10/23/20 For Sale $435,000 -- $412 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2024 $6,110 $488,154 $390,524 $97,630
2023 $5,994 $478,583 $382,867 $95,716
2022 $5,717 $469,200 $375,360 $93,840
2021 $4,882 $395,000 $316,000 $79,000
2020 $427 $22,800 $12,742 $10,058
2019 $418 $22,354 $12,493 $9,861
2018 $357 $21,917 $12,249 $9,668
2016 $327 $21,068 $11,774 $9,294
2015 $323 $20,753 $11,598 $9,155
2014 $333 $20,347 $11,371 $8,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20224808

California Regional Multiple Listing Service (CRMLS)

APN: 5101-004-010