NOT LISTED FOR SALE

Estimated Value: $1,318,000 - $1,552,000

6 Beds
3 Baths
2,480 Sq Ft
$586/Sq Ft Est. Value

Last Sold July 26, 2023

Last sale price $1,418,750 $572 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $9,369/month

11 Days on Market

Highlights

  • Craftsman Architecture
  • View of Hills
  • Built-In Features
  • Abraham Lincoln High School Rated A
  • Living Room with Fireplace

About This Home

As of July 2023

USE 440 ULYSSES,90065 FOR DIRECTIONS. Experience the enchantment of owning a truly remarkable property, nestled in the hills of Mt.Washington. This is an investment opportunity that transcends the ordinary, allowing you to build a lasting legacy while basking in the allure of a dreamy lifestyle. Prepare to be captivated by this extraordinary hillside compound, boasting not just one, but three exquisite craftsman homes on a sprawling street-to-street lot. As you approach the front home, 440 Ulysses, you will be transported back in time to the golden era of Los Angeles. This magnificent residence, a splendid homage to the city's rich heritage, exudes elegance and charm. Step inside to discover a world of architectural marvels, from the coffered ceilings and built-in features to the original floors that bear witness to the passage of time. Both the grandeur of the oversized kitchen and a stately decorative fireplace, create a captivating ambiance throughout. With 3 bedrooms and 2 bathrooms, this dwelling offers ample space. But the wonders of this property do not end there. Prepare to embark on a journey down the hill, where you will encounter two adorable craftsman rentals that will not only ignite your imagination but also offset your mortgage. The first is a picturesque one-bedroom, one-bathroom cottage, enchanting in its simplicity. Complete with its own yard and front porch, this cozy abode beckons you to unwind and revel in the tranquil surroundings. Descend further to discover the recently remodeled 2-bedroom, 1-bathroom bungalow, nestled at the bottom of the lot. Radiating with modern elegance, this dwelling is accompanied by its own yard, storage facilities, and a private driveway. Remarkably, both of these homes on James Street are already leased to exceptional tenants, ensuring a steady stream of supplemental income from the moment you become the proud owner. Imagine the possibilities that await you within this extraordinary investment. It is a dream come true for first-time home buyers, offering the opportunity to reside on a cul-de-sac street and savor a lifestyle where monthly payments are even lower than current rental rates. Embrace the chance to create a legacy for generations to come, while relishing in the splendor of this idyllic setting. Don't let this once-in-a-lifetime opportunity pass you by. Unleash your imagination, secure your future, and embark on a journey toward a brighter tomorrow. Seize this dreamy investment opportunity and forge a path to a magnificent legacy.

Last Agent to Sell the Property

Kenya Reeves-Costa

Compass License #01734058 Listed on: 06/15/2023

Compass

Last Buyer's Agent

Gulliver Oldman

Nourmand & Associates-HW License #02163063

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,474

Year Built

  • Built in 1922

Lot Details

  • 7,830 Sq Ft Lot

Home Design

  • Craftsman Architecture

Interior Spaces

  • 2,480 Sq Ft Home
  • Built-In Features
  • Decorative Fireplace
  • Living Room with Fireplace
  • Views of Hills

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway
  • Automatic Gate

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 5452-009-011

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,474

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 2480
  • Lot Acreage: 0.1798
  • Year Built: 1922
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Carpet: 1
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 3
  • Number Refrigerator: 3
  • Fireplace Rooms: Living Room, Decorative, Gas and Wood
  • Bedrooms: 6
  • Total Bathrooms: 3.00
  • Equipment: Dishwasher, Garbage Disposal, Range/Oven, Built-Ins
  • Price Per S Q F T: 504.03

Exterior Features

  • Other Structures: None
  • Number Patio: 2
  • Paved: Yes
  • View: Hills
  • View: Yes

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway, Auto Driveway Gate
  • Total Parking: 4

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Water Meters: 3
  • Sewer: In Connected and Paid
  • Water: Public

Fee Information

  • Insurance Expense: 1200.00
  • Maintenance Expense: 1000.00

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 123135
  • Assessed Land Percent: 70
  • Assessed Land Value: 287328
  • Total Assessed Value: 410463
  • Assessor Parcel Number: 5452-009-011
  • Lot Size Area: 7830

Rental Info

  • Number Leased: 2
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.20
  • Number Of Units: 3
  • Number Wall A C: 2
  • Total Annual Expense: 13050
  • Type Of Units: sfr
  • Vacancy Rate: 1

Tax Info

  • Tax Expense: 10250.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2010
Sold by
Mendez Gloria A and The Gloria A Mendez Revocable
Bought by
Perez Patrick C and Nava Cristina
Current Estimated Value
$1,452,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,906
Interest Rate
4.28%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 4, 2006
Sold by
Mendez Gloria A
Bought by
Mendez Gloria A and The Gloria A Mendez Revocable
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
Perez Patrick C $340,000 North American Title Company
Mendez Gloria A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Patrick C $395,000
Closed Perez Patrick C $415,906
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2023 07/26/23 Sold $1,418,750 +13.5% $572 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $1,250,000 -- $504 / 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 $17,474 $1,447,125 $1,018,725 $428,400
2024 $17,474 $1,418,750 $998,750 $420,000
2023 $5,475 $418,671 $293,074 $125,597
2022 $5,230 $410,463 $287,328 $123,135
2021 $5,157 $402,416 $281,695 $120,721
2020 $5,203 $398,291 $278,807 $119,484
2019 $5,009 $390,483 $273,341 $117,142
2018 $4,883 $382,828 $267,982 $114,846
2016 $4,649 $367,965 $257,577 $110,388
2015 $4,584 $362,438 $253,708 $108,730
2014 $4,618 $355,340 $248,739 $106,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-281129

The MLS

APN: 5452-009-011