$1,575,000
SOLD OCT 31, 2019
3 Beds
1.5 Baths
1,381 Sq Ft
6,551 Sq Ft Lot

Recently Sold

$1,140 Per Sq Ft

2% Below List Price

14 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Formal Dining Room
  • Spanish Architecture
  • Breakfast Area or Nook
  • 2 Car Garage

About This Home

As of June 2021

Incredible opportunity that won't last long! This major fixer/tear down is your chance to build or develop a dream home in prime Beverly Grove. Situated on a 6500+ SQFT flat lot, the possibilities are truly endless! Current home has 3 Bedrooms, 1.5 Bathrooms, and 1,381 Square Feet of living Space. Features include a nice fireplace in the living room, wood floors, a formal dining area, and an eat-in kitchen. Detached garage and fruit trees are set in the rear yard. This property is being sold AS-IS, so don't forget to bring your contractors! Perfect for investors, developers, and end user home buyers looking to create their own space. Within walking distance to The Grove, Beverly Center, Melrose Place Farmer's Market, Houses of Worship, and the shops and restaurants on Beverly Blvd., Melrose and West 3rd Street - this location is as good as it gets!

Last Agent to Sell the Property

David Rothblum

RE/MAX One License #01332525 Listed on: 08/16/2019

RE/MAX One

Last Buyer's Agent

Richard Domines III

License #01100324

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,108

Year Built

  • Built in 1924

Lot Details

  • 6,551 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Back and Front Yard
  • Property is zoned LAR1

Parking

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

Home Design

  • Spanish Architecture
  • Cosmetic Repairs Needed
  • Major Repairs Completed
  • Fixer Upper

Interior Spaces

  • 1,381 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Breakfast Area or Nook

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room

Utilities

  • Property is located within a water district

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5527-033-021

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,108

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Incredible opportunity that won't last long! This major fixer/tear down is your chance to build or develop a dream home in prime Beverly Grove. Situated on a 6500+ SQFT flat lot, the possibilities are truly endless! Current home has 3 Bedrooms, 1.5 Bathrooms, and 1,381 Square Feet of living Space. Features include a nice fireplace in the living room, wood floors, a formal dining area, and an eat-in kitchen. Detached garage and fruit trees are set in the rear yard. This property is being sold AS-IS, so don't forget to bring your contractors! Perfect for investors, developers, and end user home buyers looking to create their own space. Within walking distance to The Grove, Beverly Center, Melrose Place Farmer's Market, Houses of Worship, and the shops and restaurants on Beverly Blvd., Melrose and West 3rd Street - this location is as good as it gets!
  • Living Area: 1381
  • Probate: Yes
  • Property Condition: Fixer, Repair Cosmetic, Repairs Major
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Vinyl
  • Appliances: Built-Ins
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Powder Room
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Area, Formal Dining Rm
  • Total Bathrooms: 2.00
  • Den: 0
  • Fireplace: Yes
  • Price Per S Q F T: 1157.86

Exterior Features

  • Tennis Court Y/N: No
  • Fence: Block, Wood
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 3
  • Parking Garage: Driveway, Driveway Gate, Garage - 2 Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Water: District

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessor Parcel Number: 5527-033-021
  • Geocode Override: No
  • Lot Description: Back Yard, Front Yard
  • Lot Size Area: 6551

Rental Info

  • Court Approve: Yes
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
May 17, 2021
Sold by
Amzalag Yakov and Amzalag Limor
Bought by
Schwartz Matthew
Seller's Agent
Benyamin Illulian
Keller Williams Los Angeles
Buyer's Agent
Madison Hildebrand
Compass
List Price
$3,595,000
Sold Price
$3,675,000
Premium/Discount to List
$80,000
2.23%
Current Estimated Value
$3,898,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,419
Avg. Annual Appreciation
2.26%
Original Mortgage
$3,000,000
Outstanding Balance
$2,739,675
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,291,327

Purchase Details

Listed on
Aug 16, 2019
Closed on
Sep 12, 2019
Sold by
Chavez Yvonne
Bought by
Amzalag Yakov and Amzalag Limor
Seller's Agent
David Rothblum
RE/MAX One
Buyer's Agent
Richard Domines III
List Price
$1,599,000
Sold Price
$1,575,000
Premium/Discount to List
-$24,000
-1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
70.39%
Original Mortgage
$1,181,250
Interest Rate
3.7%

Purchase Details

Closed on
Jul 16, 2003
Sold by
Sugarman Henry
Bought by
Sugarman Henry and Sugarman Tonia

Purchase Details

Closed on
Feb 8, 1998
Sold by
Sugarman Tonia
Bought by
Sugarman Tonia
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $3,675,000 Usa National Title Co Inc
Warranty Deed $1,575,000 Ticor Title Company
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $3,000,000 Purchase Money Mortgage
Previous Owner $300,000 Stand Alone Second
Previous Owner $450,000 Stand Alone Second
Previous Owner $1,181,250 No Value Available
Previous Owner $0 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $3,675,000 +2.2% $2,661 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $3,595,000 +128.3% $2,603 / Sq Ft
10/31/2019 10/31/19 Sold $1,575,000 -1.5% $1,140 / Sq Ft
08/16/2019 08/16/19 For Sale $1,599,000 -- $1,158 / 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
2024 $47,108 $3,899,939 $2,971,382 $928,557
2023 $46,183 $3,823,470 $2,913,120 $910,350
2022 $44,013 $3,748,500 $2,856,000 $892,500
2021 $19,012 $1,591,316 $1,273,053 $318,263
2020 $19,210 $1,575,000 $1,260,000 $315,000
2019 $1,225 $85,000 $58,436 $26,564
2018 $1,132 $83,335 $57,291 $26,044
2016 $1,070 $80,101 $55,067 $25,034
2015 $1,056 $78,898 $54,240 $24,658
2014 $1,070 $77,353 $53,178 $24,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-500622

The MLS

APN: 5527-033-021