449 N Spaulding Ave Los Angeles, CA 90036
Melrose Neighborhood
8
Beds
4
Baths
5,676
Sq Ft
6,424
Sq Ft Lot
About This Home
As of January 2016PRICE REDUCTION! 4 Units Two blocks north of The Grove! The charming Spanish-Style building was fully renovated in the last 10 years. Within walking distance to The Grove, Beverly Center, museum square, shops on Melrose, and Wilshire transit corridor. Near internationally-known neighborhoods like Beverly Hills, West Hollywood, and Hollywood and hot local destinations like The Farmers Market, Los Angeles County Museum of Art, Peterson Auto Museum, Broad Museum, Fairfax Corridor, Chinese Theater, art galleries, and top movie & TV production studios. The unit mix includes (4) two-bedroom, one and half bath apartments.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,673
Year Built
- Built in 1928
Parking
- 5 Car Garage
Interior Spaces
- 5,676 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Additional Features
- 6,424 Sq Ft Lot
- Central Heating and Cooling System
Community Details
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 5527-027-004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2015
Closed on
Jan 20, 2016
Sold by
Fainstadt Leon Wolf
Bought by
Enayati Pedram and Naimi Nikoo
Seller's Agent
Kenny Stevens
Compass
Buyer's Agent
Kenny Stevens
Compass
List Price
$2,300,000
Sold Price
$2,150,000
Premium/Discount to List
-$150,000
-6.52%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,895
Avg. Annual Appreciation
2.22%
Original Mortgage
$1,300,000
Outstanding Balance
$1,038,751
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,612,148
Purchase Details
Closed on
Nov 5, 2015
Sold by
Fainstadt Leon Wolf
Bought by
Fainstadt Leon Wolf and Tawell Janet Lynn
Purchase Details
Closed on
Apr 28, 2015
Sold by
Onal Bora
Bought by
Fainstadt Rachel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 27, 2015
Sold by
Fainstadt Leon Wolf
Bought by
Fainstadt Leon Wolf and Tawell Janet Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 19, 2013
Sold by
Fainstadt Leon W
Bought by
Fainstadt Leon Wolf and Tawell Janet Lynn
Purchase Details
Closed on
Oct 10, 2013
Sold by
Fainstadt Leon W
Bought by
Fainstadt Leon W and Fainstadt Jack
Purchase Details
Closed on
Oct 3, 2007
Sold by
Fainstadt Leon W and Fainstadt Jack
Bought by
Fainstadt Leon W
Purchase Details
Closed on
Aug 25, 1993
Sold by
Fajerberg Berl and Fajerberg Rose
Bought by
Fajerberg Berl
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,150,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Title365 Company | |
| Interfamily Deed Transfer | $93,000 | Title365 Company | |
| Interfamily Deed Transfer | -- | Title365 Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $700,000 | Commercial | |
| Open | $1,300,000 | New Conventional | |
| Previous Owner | $155,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/17/2021 01/17/21 | Rented | $3,400 | 0.0% | -- |
| 01/02/2021 01/02/21 | For Rent | $3,400 | -2.9% | -- |
| 06/23/2019 06/23/19 | Rented | $3,500 | 0.0% | -- |
| 06/08/2019 06/08/19 | Price Changed | $3,500 | -5.4% | $3 / Sq Ft |
| 05/24/2019 05/24/19 | For Rent | $3,700 | +23.3% | -- |
| 03/12/2018 03/12/18 | Rented | $3,000 | 0.0% | -- |
| 02/20/2018 02/20/18 | Price Changed | $3,000 | -6.3% | $2 / Sq Ft |
| 01/24/2018 01/24/18 | Price Changed | $3,200 | -4.5% | $2 / Sq Ft |
| 12/20/2017 12/20/17 | For Rent | $3,350 | +8.1% | -- |
| 08/31/2017 08/31/17 | Rented | $3,100 | 0.0% | -- |
| 08/31/2017 08/31/17 | Off Market | $3,100 | -- | -- |
| 07/18/2017 07/18/17 | Price Changed | $3,100 | -7.5% | $1 / Sq Ft |
| 07/06/2017 07/06/17 | Price Changed | $3,350 | -4.3% | $1 / Sq Ft |
| 06/06/2017 06/06/17 | For Rent | $3,500 | 0.0% | -- |
| 01/28/2016 01/28/16 | Sold | $2,150,000 | -6.5% | $379 / Sq Ft |
| 12/15/2015 12/15/15 | Pending | -- | -- | -- |
| 11/03/2015 11/03/15 | For Sale | $2,300,000 | -- | $405 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 | $30,673 | $2,545,158 | $1,775,693 | $769,465 |
| 2024 | $30,673 | $2,495,254 | $1,740,876 | $754,378 |
| 2023 | $30,082 | $2,446,329 | $1,706,742 | $739,587 |
| 2022 | $28,689 | $2,398,363 | $1,673,277 | $725,086 |
| 2021 | $28,323 | $2,351,337 | $1,640,468 | $710,869 |
| 2019 | $27,476 | $2,281,597 | $1,591,812 | $689,785 |
| 2018 | $27,303 | $2,236,860 | $1,560,600 | $676,260 |
| 2016 | $13,490 | $1,092,902 | $756,051 | $336,851 |
| 2015 | $4,532 | $341,276 | $186,572 | $154,704 |
| 2014 | -- | $334,592 | $182,918 | $151,674 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2021
Sandra Lewis
Rodeo Realty
(310) 770-4111
3 Total Sales
-
T
Buyer's Agent in 2018
Thomas J. Powers
-
Seller's Agent in 2016
Kenny Stevens
Compass
(424) 284-4453
2 in this area
42 Total Sales
Map
Source: The MLS
MLS Number: 15-956003
APN: 5527-027-004
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