NOT LISTED FOR SALE

Estimated Value: $2,004,000 - $2,799,000

2 Beds
1 Bath
702 Sq Ft
$3,368/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $565,000 $805 Per Sq Ft

Est. 318% increase in value since last sale

Current estimated payment $14,565/month

2 Days on Market

Highlights

  • Private Pool
  • No HOA
  • Views
  • Private Yard
  • Cooling Available

About This Home

As of June 2016

APN: 5067-009-052 & 053 included in the sale. 4816 Saturn is also listed at $625,000 and our list price is $1,250,000. Double lot that includes 14,000 SF of land. Remodel the existing unit into a 4-plex or building an entirely new project! The subject property consists of two neighboring single family homes which are located within the Mid City submarket of Los Angeles. The existing homes are older construction with month to month tenants and ownership is selling both properties “AS-IS”. The Mid City sub-market can be defined as North of the 10 FWY, East of Beverlywood or Pico/Robertson, South of Miracle Mile/Koreatown, and West of Pico/Union neighborhoods. The conceptual development scenario depicts 8 townhome style units which are 3 stories in height, have a direct attached garage, rooftop deck and a private driveway down the middle of the community. This development concept can potentially be subdivided [under the small lot ordinance or as condos] or kept as a multifamily rental property. Each parcel share the same zoning of RD1.5-1-0 (1 unit per 1,500 SF land with a 45’ height limit) and have a medium residential II general plan.

Last Agent to Sell the Property

David Melaugh

Compass License #01862538 Listed on: 05/16/2016

Compass

Last Buyer's Agent

David Melaugh

Compass License #01862538 Listed on: 05/16/2016

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,937

Year Built

  • Built in 1915

Lot Details

  • 7,001 Sq Ft Lot
  • Private Yard

Home Design

  • 702 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Urban Location
  • Cooling Available
  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 33
  • Tax Tract Number 569
  • Assessor Parcel Number 5067009053

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,937

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5067009053
  • Year Built: 1915
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 702.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 804.84

Exterior Features

  • Pool Private: Yes

Utilities

  • Utilities: Sewer Available
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7001.00
  • Price Per Lot Square Foot: 80.70

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 33
  • Tax Tract Number: 569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2017
Sold by
Aldo Services Inc
Bought by
G Saturn Llc
Current Estimated Value
$2,364,419

Purchase Details

Listed on
May 16, 2016
Closed on
May 26, 2016
Sold by
Doucette Willard
Bought by
Aldo Services Inc
Seller's Agent
David Melaugh
Compass
Buyer's Agent
David Melaugh
Compass
List Price
$625,000
Sold Price
$565,000
Premium/Discount to List
-$60,000
-9.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
G Saturn Llc $1,750,000 Provident Title Company
Aldo Services Inc $575,000 Provident Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2016 06/21/16 Sold $565,000 -9.6% $805 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
05/16/2016 05/16/16 For Sale $625,000 -- $890 / 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 $24,937 $2,031,019 $1,392,699 $638,320
2024 $24,937 $1,991,196 $1,365,392 $625,804
2023 $24,467 $1,952,154 $1,338,620 $613,534
2022 $23,354 $1,913,877 $1,312,373 $601,504
2021 $23,055 $1,876,351 $1,286,641 $589,710
2019 $22,379 $1,820,700 $1,248,480 $572,220
2018 $21,889 $1,785,000 $1,224,000 $561,000
2016 $1,830 $113,009 $80,438 $32,571
2015 $732 $27,894 $23,435 $4,459
2014 $745 $27,348 $22,976 $4,372
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16104069

California Regional Multiple Listing Service (CRMLS)

APN: 5067-009-053