NOT LISTED FOR SALE

Estimated Value: $656,000 - $850,886

3 Beds
2 Baths
1,395 Sq Ft
$527/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $700,000 $502 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,541/month

86 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Lawn
  • Neighborhood Views
  • Property is near park and public transit
  • No HOA
  • Built-In Features

About This Home

As of July 2023

Renovators dream! Rare opportunity in the Park Hills Heights neighborhood of Los Angeles to remodel, renovate, or reimagine this charming duplex into your dream home or income producing property. Centrally located on a palm tree-lined street, this nearly 6000 square foot lot has untapped potential limited only by the imagination. Ease of access to Exposition Park, Sofi Stadium, The Forum, local 110/10 Freeways, the new Metro K line, local eateries, and more.

Last Agent to Sell the Property

Amy Hlad

Engel & Völkers Newport Beach License #01967236 Listed on: 03/06/2023

Engel & Völkers Newport Beach

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1921

Lot Details

  • 5,931 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot
  • Lawn
  • Back and Front Yard
  • Density is 2-5 Units/Acre

Home Design

  • Duplex
  • Fixer Upper

Interior Spaces

  • 1,395 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Entryway
  • Living Room with Fireplace
  • Neighborhood Views
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Parking

  • 4 Open Parking Spaces
  • 6 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Driveway

Location

  • Property is near park and public transit
  • Suburban Location

Additional Features

  • No Interior Steps
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 96
  • Tax Tract Number 1700
  • Assessor Parcel Number 5014027012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1921

Lot Details

5,931 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: LAR2
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5014027012
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Tile Counters, Unfurnished
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Accessibility Features: No Interior Steps
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 501.79
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Covered, Driveway
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Front Yard, Lawn, Rectangular Lot, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 5931.00
  • Lot Size Acres: 0.1362

Multi Family

  • Lot Size Area: 5931.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 2345.02
  • Tax Lot: 96
  • Tax Tract Number: 1700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Jun 21, 2023
Sold by
Ds Housing Cccrr-01 Lp
Bought by
Channon Mellisa Mitchell Trust and Mitchell
Seller's Agent
Amy Hlad
Engel & Völkers Newport Beach
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Views
89
Current Estimated Value
$740,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,706
Avg. Annual Appreciation
1.82%
Original Mortgage
$490,000
Outstanding Balance
$477,826
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$256,646

Purchase Details

Closed on
Dec 15, 2022
Sold by
Trustee Corps
Bought by
Ds Housing Cccrr-01 Lp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Channon Mellisa Mitchell Trust $700,000 Ticor Title
Ds Housing Cccrr-01 Lp $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Channon Mellisa Mitchell Trust $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold $700,000 0.0% $502 / Sq Ft
05/14/2023 05/14/23 Price Changed $700,000 -3.4% $502 / Sq Ft
03/28/2023 03/28/23 Price Changed $725,000 -3.3% $520 / Sq Ft
03/06/2023 03/06/23 For Sale $750,000 -- $538 / 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 $8,752 $714,000 $612,000 $102,000
2024 $8,752 $700,000 $600,000 $100,000
2023 $8,909 $713,000 $513,000 $200,000
2022 $934 $56,500 $35,185 $21,315
2021 $912 $55,394 $34,496 $20,898
2019 $890 $53,753 $33,474 $20,279
2018 $763 $52,700 $32,818 $19,882
2016 $716 $50,656 $31,545 $19,111
2015 $707 $49,896 $31,072 $18,824
2014 $725 $48,920 $30,464 $18,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23036769

California Regional Multiple Listing Service (CRMLS)

APN: 5014-027-012

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