NOT LISTED FOR SALE

Estimated Value: $895,000 - $1,204,842

5 Beds
3 Baths
1,881 Sq Ft
$546/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $800,000 $425 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,355/month

29 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Corner Lot
  • Double Pane Windows
  • Bungalow

About This Home

As of October 2018

Welcome to this beautifully restored and updated Leimert Park duplex with a 3 bed/ 2 bath main house and separate detached 2 bed / 1 bath 2nd unit. Two homes for the price of one! Situated on a large corner lot, on an iconic palm tree lined street among other charming historic homes. Extensively remodeled using quality materials and attention to detail throughout. Ideal corner lot set up gives each home a private yard and entrance. The spacious 3 bed / 2 bath is perfect for an owner occupant, featuring a beautiful balance of modern upgrades and original architectural features. Natural stone, solid wood and high-end fixtures were hand-selected for use throughout. The slate covered front patio offers a lovely space to sit and relax. Beautifully refinished hardwood floors run throughout the home. Solid wood doors used throughout. Updated kitchen has generous cabinet & counter space with quartz counters, honed marble back-splash, and new Samsung stainless steel dishwasher and range. Master suite with walk-in closet & large private bathroom. Both restrooms have custom concrete tile floors and shower enclosures with Kohler and Delta Trinsic plumbing fixtures. New Central AC and heating system for year-round comfort, New 200 Amp panel, All new plumbing, electrical wiring, drywall, insulation, and paint. Both units have energy efficient dual pane windows, new cool-roof shingles, new stucco, and new electric panels. 2-Car garage and driveway for off street parking and storage.

Last Agent to Sell the Property

Megan Edner

Edner & Associates Real Estate Services License #01437099 Listed on: 08/22/2018

Last Buyer's Agent

Kimberly Calvert-Lehman

Compass License #01944950

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927

Lot Details

  • 6,489 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,881 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Wood Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient Insulation

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 299
  • Tax Tract Number 2195
  • Assessor Parcel Number 5023025014

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $360
  • Water Sewer Expense $2,000
  • New Taxes Expense $10,108
  • Operating Expense $13,668
  • Net Operating Income $8,088

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2000.00
  • Zoning: LAR1
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5023025014
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 425.31
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Green Features

  • Efficiency: Insulation, Windows

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6489.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 728 Square Feet
  • Average3 Bed Area: 1153 Square Feet
  • Gross Scheduled Income: 9888.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 8088.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: Yes
  • Total Expenses: 13668.00

Tax Info

  • New Taxes Expense: 10108.00
  • Tax Census Tract: 2340.00
  • Tax Lot: 299
  • Tax Tract Number: 2195

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2021
Sold by
Adesuwa Mccalla
Bought by
Metamorphic Entertainment Inc
Current Estimated Value
$1,027,961

Purchase Details

Closed on
Jun 3, 2019
Sold by
Mccalla Adesuwa
Bought by
Mccalla Adesuwa

Purchase Details

Listed on
Aug 22, 2018
Closed on
Oct 8, 2018
Sold by
Westbrook Homes Llc
Bought by
Mccalla Adesuwa
Seller's Agent
Megan Edner
Edner & Associates Real Estate Services
Buyer's Agent
Kimberly Calvert-Lehman
Compass
List Price
$859,000
Sold Price
$800,000
Premium/Discount to List
-$59,000
-6.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.51%
Original Mortgage
$680,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2017
Sold by
Mevox Properties Llc
Bought by
Westbrook Homes Llc

Purchase Details

Listed on
May 31, 2017
Closed on
Aug 7, 2017
Sold by
The Corsmeier Group Llc
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Collin Corsmeier
Stanford Raffles Realty, Inc.
Buyer's Agent
Bradford Thomas
Premier Agent Network
List Price
$549,500
Sold Price
$475,000
Premium/Discount to List
-$74,500
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.58%
Original Mortgage
$403,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 31, 2017
Closed on
Jul 21, 2017
Sold by
Stockpile Property Ventures Llc
Bought by
Mevox Properties Llc
Seller's Agent
Collin Corsmeier
Stanford Raffles Realty, Inc.
Buyer's Agent
Bradford Thomas
Premier Agent Network
List Price
$549,500
Sold Price
$475,000
Premium/Discount to List
-$74,500
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,750
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2016
Closed on
Mar 7, 2017
Sold by
Mockler Patrice Smith and The Frank Smith Jr Living Trus
Bought by
The Corsmeier Group Llc
Seller's Agent
Scott Butler
Bedrock Real Estate Group
Buyer's Agent
Scott Butler
Bedrock Real Estate Group
List Price
$599,000
Sold Price
$510,000
Premium/Discount to List
-$89,000
-14.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.92%

Purchase Details

Closed on
Mar 5, 2009
Sold by
Smith Frank
Bought by
Smith Frank and Frank Smith Jr Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Metamorphic Entertainment Inc -- None Listed On Document
Mccalla Adesuwa -- None Available
Mccalla Adesuwa $800,000 Lawyers Title
Westbrook Homes Llc -- None Available
Stockpile Property Ventures Llc $475,000 Lawyers Title
Mevox Properties Llc $475,000 Lawyers Title
The Corsmeier Group Llc $510,000 First American Title
Smith Frank -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccalla Adesuwa $680,000
Previous Owner Mevox Properties Llc $403,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2018 10/25/18 Sold $800,000 +0.1% $425 / Sq Ft
09/20/2018 09/20/18 Pending -- -- --
09/11/2018 09/11/18 Price Changed $798,900 -7.0% $425 / Sq Ft
08/22/2018 08/22/18 For Sale $859,000 +80.8% $457 / Sq Ft
08/20/2017 08/20/17 Sold $475,000 -13.6% $652 / Sq Ft View Prior Sale
07/26/2017 07/26/17 Pending -- -- --
05/31/2017 05/31/17 For Sale $549,500 +7.7% $755 / Sq Ft
03/13/2017 03/13/17 Sold $510,000 +2.2% $701 / Sq Ft View Prior Sale
02/15/2017 02/15/17 Price Changed $499,000 -9.1% $685 / Sq Ft
12/19/2016 12/19/16 Price Changed $549,000 -10.5% $754 / Sq Ft
11/23/2016 11/23/16 Price Changed $613,500 +2.4% $843 / Sq Ft
10/10/2016 10/10/16 For Sale $599,000 -- $823 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,792 $892,410 $669,309 $223,101
2024 $10,792 $874,913 $656,186 $218,727
2023 $10,588 $857,759 $643,320 $214,439
2022 $10,102 $840,941 $630,706 $210,235
2021 $9,973 $824,453 $618,340 $206,113
2020 $10,072 $816,000 $612,000 $204,000
2019 $9,676 $800,000 $600,000 $200,000
2018 $5,960 $475,000 $300,000 $175,000
2016 $691 $43,859 $23,175 $20,684
2015 $684 $43,201 $22,827 $20,374
2014 $701 $42,355 $22,380 $19,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18204040

California Regional Multiple Listing Service (CRMLS)

APN: 5023-025-014