NOT LISTED FOR SALE

Estimated Value: $917,000 - $1,148,000

8 Beds
4 Baths
4,883 Sq Ft
$216/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $900,000 $184 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,765/month

163 Days on Market

Highlights

  • Two Primary Bedrooms
  • Open Floorplan
  • Fireplace in Primary Bedroom
  • Updated Kitchen
  • Dual Staircase
  • 4-minute walk to 49th Street Park

About This Home

As of September 2021

Great investment opportunity! Look no further. An entertainer's delight located close to Downtown LA and USC. This 8 bedroom, 4 bathroom home is 100% move-in ready and features 2 master suites, a gourmet kitchen that comes fully equipped with high quality stainless steel appliances, a NuTone Selective Call Intercom System with indoor/outdoor speakers that run throughout the entire 3 story home, 2 condensing tankless water heaters, 2 AC units by Lennox, 2 Gas Fire Places, a 6 camera internet surveillance system, fully loaded gym, and tons more upgrades and amazing features that will make you fall in love with this home at first site! And if that is not enough, just steps from your front door, you will find a beautifully renovated park, with full basketball and AstroTurf soccer courts, a pool, and much more!

The home was built in 2003 by: Shea Homes and designed by Bassenian Lagoni Architects.

Call to schedule your appointment today.

Last Agent to Sell the Property

John Tancredi

RE/MAX One License #01955430 Listed on: 03/01/2021

RE/MAX One

Last Buyer's Agent

Cindy Jie

Pinnacle Real Estate Group License #02053015

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,775

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • 5,080 Sq Ft Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR2

Parking

  • 2 Car Direct Access Garage
  • Side by Side Parking
  • Driveway
  • On-Street Parking

Property Views

  • Park or Greenbelt
  • Neighborhood

Home Design

  • Turnkey
  • Cosmetic Repairs Needed

Interior Spaces

  • 4,883 Sq Ft Home
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Gas Fireplace
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Home Office
  • Library
  • Game Room
  • Home Gym
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Freezer
  • Kitchen Island
  • Granite Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 8 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Remodeled Bathroom
  • Jack-and-Jill Bathroom
  • 4 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Location

  • Property is near a park
  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Wood

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 2293
  • Assessor Parcel Number 5109020023

Community Details

Recreation

  • Park
  • Bike Trail

Additional Features

  • No Home Owners Association
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,775

Year Built

Built in 2003 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Security System
  • View: Yes
  • Zoning: LAR2
  • Property Condition: Repairs Cosmetic, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5109020023
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4883.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Granite Counters, Intercom, Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 8
  • Eating Area: Breakfast Counter / Bar, Family Kitchen, In Living Room
  • Fireplace Features: Family Room, Living Room, Master Bedroom, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 184.31
  • Room Type: All Bedrooms Up, Den, Exercise Room, Family Room, Game Room, Jack & Jill, Kitchen, Laundry, Library, Living Room, Main Floor Master Bedroom, Office, Two Masters
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Jetted Tub, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Park/Greenbelt
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Covered, Direct Garage Access, Driveway, Concrete, Garage, Side by Side, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Freezer, Gas Oven, Microwave, Refrigerator
  • Heating Type: Central, Wood, Fireplace(s)
  • Laundry Features: Common Area, Gas Dryer Hookup, Inside, Upper Level, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Other, Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks, Street Lights, Urban

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Park Nearby, Walkstreet
  • Lot Size Sq Ft: 5080.00
  • Lot Size Acres: 0.1166

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5080.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2293.00
  • Tax Lot: 9
  • Tax Tract Number: 2293

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Aug 18, 2021
Sold by
Wang Danyl
Bought by
Wang Gang
Seller's Agent
John Tancredi
RE/MAX One
Buyer's Agent
Cindy Jie
Pinnacle Real Estate Group
List Price
$990,000
Sold Price
$900,000
Premium/Discount to List
-$90,000
-9.09%
Total Days on Market
163
Current Estimated Value
$1,056,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,293
Avg. Annual Appreciation
4.12%
Original Mortgage
$540,000
Outstanding Balance
$502,753
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$550,156

Purchase Details

Listed on
Mar 1, 2021
Closed on
Aug 13, 2021
Sold by
Garay Juan and Garay Veronica
Bought by
Wang Gang
Seller's Agent
John Tancredi
RE/MAX One
Buyer's Agent
Cindy Jie
Pinnacle Real Estate Group
List Price
$990,000
Sold Price
$900,000
Premium/Discount to List
-$90,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$502,753
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$550,156

Purchase Details

Closed on
Jul 18, 2019
Sold by
Garay Juan
Bought by
Garay Juan and Garay Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$578,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2007
Sold by
Garay Veronica
Bought by
Garay Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2003
Sold by
Barragan Julio
Bought by
Garay Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,601
Interest Rate
5.72%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2001
Sold by
Reason James L and Reason Mary D
Bought by
Barragan Julio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.9%

Purchase Details

Closed on
May 10, 1995
Sold by
Reason James L and Reason Mary D
Bought by
Reason James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.75%
Source: Public Records

Range of Values:

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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
Wang Gang -- Ticor Title Company
Wang Gang $900,000 Ticor Title Company
Garay Juan -- Wfg National Title Co Of Ca
Garay Juan -- Commonwealth Title Co
Garay Juan $220,000 Stewart Title Company
Barragan Julio $165,000 United Title Company
Reason James L -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Gang $540,000
Previous Owner Garay Juan $702,000
Previous Owner Garay Juan $578,000
Previous Owner Garay Juan $420,000
Previous Owner Garay Juan $388,000
Previous Owner Garay Juan $216,601
Previous Owner Barragan Julio $165,000
Previous Owner Reason James L $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $900,000 0.0% $184 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/06/2021 08/06/21 Price Changed $900,000 -5.3% $184 / Sq Ft
07/01/2021 07/01/21 Price Changed $950,000 -4.0% $195 / Sq Ft
03/01/2021 03/01/21 For Sale $990,000 -- $203 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,775 $955,086 $509,379 $445,707
2024 $11,775 $936,360 $499,392 $436,968
2023 $11,552 $918,000 $489,600 $428,400
2022 $11,021 $900,000 $480,000 $420,000
2021 $7,200 $577,550 $160,555 $416,995
2019 $6,987 $560,422 $155,794 $404,628
2018 $6,891 $549,435 $152,740 $396,695
2016 $6,537 $528,102 $146,810 $381,292
2015 $6,443 $520,170 $144,605 $375,565
2014 $6,466 $509,982 $141,773 $368,209
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21041066

California Regional Multiple Listing Service (CRMLS)

APN: 5109-020-023