NOT LISTED FOR SALE

Estimated Value: $742,000 - $1,253,000

7 Beds
1 Bath
2,366 Sq Ft
$471/Sq Ft Est. Value

Last Sold September 05, 2024

Last sale price $1,250,000 $528 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $6,653/month

20 Days on Market

Highlights

  • No HOA
  • Landscaped
  • 1-Story Property
  • Laundry Room
  • Central Heating and Cooling System

About This Home

As of September 2024

Welcome to this unique and incredibly lucrative income-generating property in the heart of Los Angeles! This home features a 4 bedroom, 2 bath front unit and a separate 3 bed, 2 bath rear unit, providing ample space for potential renters or guests.

Located near popular attractions such as USC, SoFi Stadium, and the iconic Coliseum stadium, this property is not only a fantastic investment opportunity but also offers endless entertainment options right at your doorstep.

Whether you're looking to capitalize on the booming rental market or simply seeking a spacious home for yourself with the option to earn passive income, this property has it all. Don't miss out on this rare chance to own a piece of prime real estate in one of LA's most sought-after neighborhoods!

Last Agent to Sell the Property

Sergio Iturrios

RISE Real Estate Group Brokerage Phone: 562-244-8859 License #01339130 Listed on: 04/18/2024

Last Buyer's Agent

Sergio Iturrios

RISE Real Estate Group Brokerage Phone: 562-244-8859 License #01339130 Listed on: 04/18/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 5,703 Sq Ft Lot
  • Landscaped
  • Property is zoned LAR1

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 7 Bedrooms
  • 2,366 Sq Ft Home
  • 1-Story Property

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • Parking Available
  • Driveway

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 282
  • Tax Tract Number 1700
  • Assessor Parcel Number 5014017036
  • $245 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

5,703 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 200.00
  • Zoning: LAR1
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Income
  • Parcel Number: 5014017036
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 528.32
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 35.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 5703.00
  • Lot Size Acres: 0.1309

Multi Family

  • Insurance Expense: 2000.00
  • Lot Size Area: 5703.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: Yes
  • Total Expenses: 235.00

Tax Info

  • Tax Census Tract: 2345.01
  • Tax Lot: 282
  • Tax Tract Number: 1700
  • TaxOtherAnnualAssessmentAmount: 245.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Cashnvestors Llc
Bought by
Spell Winston
Current Estimated Value
$1,113,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2007
Sold by
Stevenson Charles D
Bought by
Stevenson Charles D and Stevenson Shirley Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,800
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2004
Sold by
Stevenson Shirley Jean
Bought by
Stevenson Charles

Purchase Details

Closed on
Nov 3, 2000
Sold by
Stevenson Charles D
Bought by
Stevenson Shirley Jean

Purchase Details

Closed on
Mar 4, 1997
Sold by
Hines Shirley J
Bought by
Stevenson Charles D and Stevenson Shirley Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
7.66%

Purchase Details

Closed on
Mar 14, 1994
Sold by
Stevenson Charles D
Bought by
Hines Shirley Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,924
Interest Rate
7.15%
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
Spell Winston $1,250,000 Wfg National Title
Stevenson Charles D -- Gateway Title Company
Stevenson Charles -- --
Stevenson Shirley Jean -- --
Stevenson Charles D -- --
Hines Shirley Jean -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spell Winston $875,000
Previous Owner Stevenson Charles D $295,800
Previous Owner Stevenson Charles D $130,050
Previous Owner Hines Shirley Jean $113,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/05/2024 09/05/24 Sold $1,250,000 0.0% $528 / Sq Ft
09/05/2024 09/05/24 Sold $1,250,000 0.0% $528 / Sq Ft View Prior Sale
05/08/2024 05/08/24 Pending -- -- --
05/01/2024 05/01/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $1,250,000 0.0% $528 / Sq Ft
04/18/2024 04/18/24 For Sale $1,250,000 -- $528 / 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 $8,453 $1,250,000 $750,000 $500,000
2024 $8,453 $684,478 $583,664 $100,814
2023 $8,294 $671,058 $572,220 $98,838
2022 $7,913 $657,900 $561,000 $96,900
2021 $1,122 $82,630 $41,404 $41,226
2020 $1,128 $81,784 $40,980 $40,804
2019 $1,090 $80,181 $40,177 $40,004
2018 $1,048 $78,610 $39,390 $39,220
2016 $991 $75,559 $37,861 $37,698
2015 $978 $74,425 $37,293 $37,132
2014 $991 $72,968 $36,563 $36,405
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW24078080

California Regional Multiple Listing Service (CRMLS)

APN: 5014-017-036

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