NOT LISTED FOR SALE

Estimated Value: $1,403,000 - $1,488,000

3 Beds
2.5 Baths
2,446 Sq Ft
$590/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $1,365,000 $558 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,988/month

65 Days on Market

Highlights

  • Detached Guest House
  • View of Hills
  • Spanish Architecture
  • Solar Power System
  • Wood Flooring
  • 5-minute walk to Leimert Park

About This Home

As of October 2023

PRICE REDUCED!! This is a Charming Spanish home that has been rewired. It has large three bedrooms that can accommodate a full bedroom set. One of the bedrooms has a Romeo and Juliet balcony. The property has a VACANT A.D.U. (studio/adjacent to 2 car garage) detached from the home. The square feet of the unit is in addition to the 2,446 square feet. The unit renders an income of approximately $16,500.00 annually. The A.D.U. has a separate utility meter. The home also has solar panels that are paid in full, a $35,000.00 value. Plus additional savings annually. This Spanish home has a lovely foyer, facing a wide staircase with wrought iron rails and lovely volute. At the top of the stairs there is a U shape opening that leads to the three large bedrooms and two large full bathrooms. North of the foyer, there are two steps with decorative wrought iron which leads down into the open living room area. The large living room has a wooden floor, varnished wooden beams on the ceiling, a fireplace, and a double glass door which leads to a patio area with a water feature. Opposite the foyer facing south, there is a formal dining room with lovely crown molding on the ceiling and a wooden floor. The house has new wooden casement double paned windows which enhances the Spanish style. The kitchen has new double hung double paned metal windows. On the second level, the large suite has a walk in closet and a large bathroom. The second and third large bedrooms share a bathroom which is accessed from the hallway. The exterior of the house was painted with elastomeric paint (waterproof, flexible, thick and durable). The majority of the plumbing is copper. The entire house has been rewired. The house and studio has a tankless hot water heater. The garage was newly built. This property is a few blocks from accessing the Los Angeles Metro Rail which takes one to downtown Los Angeles, the beach, the valley, and LAX airport in the near future.

Last Agent to Sell the Property

Ramona La France

Pyramid Real Estate License #01345714 Listed on: 06/09/2023

Last Buyer's Agent

Meghan Fitzgerald

Compass License #01987561

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 5,150 Sq Ft Lot
  • Lot Dimensions are 50x103
  • West Facing Home
  • Block Wall Fence
  • Landscaped
  • Back and Front Yard
  • Property is zoned LAR1

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Auto Driveway Gate
  • Driveway

Home Design

  • Spanish Architecture
  • Clay Roof
  • Partial Copper Plumbing
  • Stucco
  • Adobe

Interior Spaces

  • 2,446 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Drapes & Rods
  • Entryway
  • Living Room with Fireplace
  • Wood Flooring
  • Views of Hills

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal
  • Instant Hot Water

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • Low Flow Toliet
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

  • Intercom
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System
  • Solar Water Heater

Outdoor Features

  • Balcony
  • Brick Porch or Patio

Utilities

  • Air Conditioning
  • Central Heating
  • Property is located within a water district
  • Tankless Water Heater
  • Public Hookup Available For Sewer
  • Cable TV Available

Additional Features

  • Detached Guest House
  • City Lot

Community Details

  • No Home Owners Association
  • Service Entrance

Listing and Financial Details

  • Assessor Parcel Number 5024-023-022

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

5,150 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Entry Location: Foyer
  • Exclusions: Major appliances (washing machine, dryer, range and refrigerator).
  • Living Area: 2446
  • Lot Acreage: 0.1182
  • Lot Dimensions: 50x103
  • Stories: 2
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Crown Moldings, Sunken Living Room
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Free Standing Gas, Microwave
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: All Bedrooms Up, WalkInCloset
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 1
  • Bathroom Features: Shower and Tub, Low Flow Toilet(s), Travertine, Linen Closet
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Equipment: Ceiling Fan, Cable, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Microwave, Hood Fan, Alarm System, Intercom, Network Wire, Gas Dryer Hookup, Water Line to Refrigerator, Solar Panels, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 592.80
  • Windows: Double Pane Windows, Drapes/Curtains

Exterior Features

  • Direction Faces: West
  • Construction: Adobe, Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+), Partial Copper Plumbing, Custom Built
  • Other Structures: GuestHouse
  • Tennis Court Y/N: No
  • Fence: Block
  • Guest House: Detached
  • Patio: Brick, Patio Open
  • Pool: No
  • Roof: Clay
  • Spa Yn: No
  • View: Hills
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 4
  • Parking Garage: Garage Is Detached, Garage - 2 Car, Driveway Gate, Driveway
  • Total Parking: 6

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless, Instant Hot Water, Solar
  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Automatic Gate, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: Public Hookup Available
  • Water: District

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5024-023-022
  • Lot Description: Back Yard, Front Yard, Landscaped, Street Paved, Street Lighting, Street Asphalt, Storm Drains, Sidewalks
  • Lot Location: City
  • Lot Size Area: 5150

Rental Info

  • Furnished: Furnished

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Sep 1, 2023
Sold by
Washington Richard T
Bought by
Hernandez-Morgan Marisa and Morgan Brandon
Seller's Agent
Ramona La France
Pyramid Real Estate
Buyer's Agent
Meghan Fitzgerald
Compass
List Price
$1,599,000
Sold Price
$1,365,000
Premium/Discount to List
-$234,000
-14.63%
Views
934
Current Estimated Value
$1,443,822

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,822
Avg. Annual Appreciation
2.32%
Original Mortgage
$1,160,250
Outstanding Balance
$1,136,639
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$307,183

Purchase Details

Closed on
Oct 23, 2000
Sold by
Bradford Rosemary
Bought by
Washington Richard T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.67%

Purchase Details

Closed on
Feb 24, 1998
Sold by
Bradford Rosemary
Bought by
Bradford Rosemary and Franklin Barry James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,000
Interest Rate
6.9%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hernandez-Morgan Marisa $1,365,000 Lawyers Title Company
Washington Richard T $270,000 Benefit Title
Bradford Rosemary -- Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez-Morgan Marisa $1,160,250
Previous Owner Washington Richard T $243,000
Previous Owner Bradford Rosemary $89,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2023 10/11/23 Sold $1,365,000 -5.9% $558 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
07/27/2023 07/27/23 Price Changed $1,450,000 -9.3% $593 / Sq Ft
06/09/2023 06/09/23 For Sale $1,599,000 -- $654 / Sq Ft
Source: The MLS

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 $16,733 $1,392,300 $1,136,178 $256,122
2024 $16,733 $1,365,000 $1,113,900 $251,100
2023 $4,967 $391,029 $217,240 $173,789
2022 $4,746 $383,363 $212,981 $170,382
2021 $4,672 $375,847 $208,805 $167,042
2019 $4,535 $364,701 $202,612 $162,089
2018 $4,461 $357,551 $198,640 $158,911
2016 $13,259 $343,670 $190,928 $152,742
2015 $4,183 $338,509 $188,061 $150,448
2014 $4,204 $331,879 $184,378 $147,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-278955

The MLS

APN: 5024-023-022

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