NOT LISTED FOR SALE

481 1/2 E Avenue 28 Los Angeles, CA 90031

Lincoln Heights Neighborhood

Estimated Value: $1,004,000 - $1,688,000

6 Beds
3 Baths
2,500 Sq Ft
$498/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $699,000 $280 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $7,451/month

Highlights

  • Canyon View
  • Craftsman Architecture
  • Wrap Around Porch
  • Abraham Lincoln High School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of April 2019

Presenting a classic 3-story Craftsman reimagined for the extended or expanding family in a quiet canyon setting in historic Lincoln Heights, one of the oldest Los Angeles neighborhoods just outside of Downtown. There are a total of six bedrooms and 3 bathrooms on three levels. Each level is supported with its own kitchen or kitchenette allowing graciously private areas to be enjoyed when sharing the house with extended family, renters or roommates. Consider the convenience of running a home business on the ground level while keeping it completely separated from your residence on the upper levels. Each level is light and bright with lots of windows to illuminate the interiors with plenty of natural lighting. The ground level is very private with its own separate entry, being a one-bedroom, one-bathroom unit with a full kitchen and a large inviting and cheerful living/dining room. The Main or Mid-Level features 2 bedrooms and one bath, a full kitchen, laundry, and another large sunny living/dining area and wrap-around veranda. The Upper or Top Level offers a Single with Kitchenette and bath, plus two additional bedrooms. The entire top level could be used as a self-contained fully functional unit with two bedrooms and with the potential for a separate entry. This property is so versatile for a wide variety of lifestyles and applications with its generous square footage and the capability for creating your own perfect home, shared home, or work/home environments.

Last Agent to Sell the Property

Jon Trunk

Equity Union License #01018272 Listed on: 12/05/2018

Co-Listed By

Bonnie Davis

Equity Union License #00961945

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,825

Year Built

  • Built in 1910

Lot Details

  • 3,953 Sq Ft Lot
  • Flag Lot

Parking

  • On-Street Parking

Property Views

  • Canyon
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Fixer Upper

Interior Spaces

  • 2,500 Sq Ft Home
  • 3-Story Property
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Wrap Around Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 6,53 / 2
  • Assessor Parcel Number 5206020028

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,825

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Craftsman
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5206020028
  • Year Built: 1910
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2500.00 Square Feet
  • Stories: 3
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 6
  • Eating Area: Area
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 279.60
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Canyon, Neighborhood
  • Patio And Porch Features: Patio, Slab, Wrap Around
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: No
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Common Area, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Flag Lot
  • Lot Size Sq Ft: 3953.00
  • Lot Size Acres: 0.0907
  • Latitude Manual: 34.08181900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3953.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 2
  • Tax Lot: 6,53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2022
Sold by
Franke and Matthew
Bought by
Sexter Matthew and Mcclements Walter
Current Estimated Value
$1,244,622

Purchase Details

Closed on
Oct 31, 2019
Sold by
Sexter Matthew
Bought by
Franke Linda and Sexter Matthew

Purchase Details

Listed on
Dec 5, 2018
Closed on
Mar 1, 2019
Sold by
Franke Linda
Bought by
Sexter Matthew
Seller's Agent
Jon Trunk
Equity Union
List Price
$699,000
Sold Price
$699,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$559,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2019
Sold by
Hildestad Elizabeth
Bought by
Sexter Matthew and Mcclements Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,200
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Hildestad Elizabeth

Purchase Details

Closed on
Aug 28, 2009
Sold by
Hildestad Roy Malcolm
Bought by
Hildestad Elizabeth

Purchase Details

Closed on
Jul 15, 2008
Sold by
Aguilar Elizabeth
Bought by
Deutsche Bank National Trust Co and Long Beach Mortgage Loan Trust 2006-10

Purchase Details

Closed on
Mar 31, 2006
Sold by
Vasquez Maria Consuelo
Bought by
Aguilar Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 23, 2006
Sold by
Leap Frog Investments
Bought by
Vasquez Maria Consuelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 25, 2005
Sold by
Perez Martin M and Perez Concepcion G
Bought by
Aguilar Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
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
Sexter Matthew -- Accommodation/Courtesy Recordi
Franke Linda -- None Available
Sexter Matthew -- Fidelity National Title Co
Sexter Matthew $699,000 Fidelity National Title
Hildestad Elizabeth $95,000 Chicago Title Company
Hildestad Elizabeth -- Chicago Title Company
Deutsche Bank National Trust Co $328,000 None Available
Aguilar Elizabeth -- Accommodation
Vasquez Maria Consuelo $316,000 Commonwealth Land Title Co
Leap Frog Investments -- Commonwealth Land Title Co
Aguilar Elizabeth $260,000 Commerce Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sexter Matthew $559,200
Previous Owner Aguilar Elizabeth $476,000
Previous Owner Vasquez Maria Consuelo $63,200
Previous Owner Leap Frog Investments $252,800
Previous Owner Aguilar Elizabeth $234,000
Closed Aguilar Elizabeth $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $699,000 0.0% $280 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $699,000 -- $280 / 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 $9,825 $810,373 $642,058 $168,315
2024 $9,825 $794,484 $629,469 $165,015
2023 $9,636 $778,907 $617,127 $161,780
2022 $8,769 $734,772 $587,818 $146,954
2021 $8,651 $720,366 $576,293 $144,073
2019 $3,170 $433,924 $300,856 $133,068
2018 $5,297 $425,416 $294,957 $130,459
2016 $5,041 $408,898 $283,504 $125,394
2015 $4,968 $402,757 $279,246 $123,511
2014 $4,990 $394,868 $273,776 $121,092
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jon Trunk

    Equity Union

    (818) 645-0644

    28 Total Sales

    Jon Trunk
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Bonnie Davis

    Equity Union

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR18284939

California Regional Multiple Listing Service (CRMLS)

APN: 5206-020-028

California Los Angeles County Los Angeles 90031 Lincoln Heights

481 1/2 E Avenue 28, Los Angeles, CA

This home is located at 481 1/2 E Avenue 28, Los Angeles, CA 90031 since 05 December 2018 and is currently estimated at $1,244,622, approximately $497 per square foot. This property was built in 1910. 481 1/2 E Avenue 28 is a home located in Los Angeles County with nearby schools including Hillside Elementary, Florence Nightingale Middle, and Abraham Lincoln High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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