5195 Obama Blvd Los Angeles, CA 90016
Baldwin Hills NeighborhoodEstimated Value: $1,406,000 - $1,715,696
5
Beds
5
Baths
2,711
Sq Ft
$581/Sq Ft
Est. Value
Highlights
- New Construction
- Contemporary Architecture
- Corner Lot
- City Lights View
- Loft
- Private Yard
About This Home
As of February 2024Like no other! Equal parts Baldwin Hills and Leimert Park Neighborhood Hub: You won't find a better income producing property than this newly remodeled 3 bedrooms 3 full baths featuring (1715) of usable Sq Ft, situated in one of the most exciting neighborhoods. Everywhere you look there are new ventures and growth. The reimagined front unit boasts an open living & dining room space, a one-of-a-kind chef's kitchen fully equipped with all appliances makes this area the focal point for all your entertainment needs. The detached (2023) newly constructed 2 story ADU features 2 bedrooms & 2 baths with 996 of usable Sq Ft. Most importantly, the backyard was designed with a custom privacy fence to complement the outdoor living space with a combination of artificial turf and concrete squares. Getting home and living here is a breeze & pleasure. Move right in and enjoy the cool breezes and serenity you'll experience while enjoying outdoor space. You'll love the low-maintenance lifestyle this home offers! Commuters enjoy easy access to all the major freeways 10, 405, 110 and the sought after public transportation stations. Close proximity to Downtown Culver City, The Cumulus Live, Work and Play District, Jefferson Park, Leimert Park, West Adams, Target, and all of the in the now restaurants, coffee shops, yoga studios, remote work centers, too much to list. This is the one, perfect for an extended family & or a 1031 exchange buyer that needs the year end trophy investment to generate immediate cash flow at only $553 per square foot. Don't wait, Act Now-Book your tour today.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,737
Year Built
- Built in 2023 | New Construction
Lot Details
- 7,331 Sq Ft Lot
- Corner Lot
- Private Yard
Property Views
- City Lights
- Neighborhood
Home Design
- Contemporary Architecture
- Turnkey
Interior Spaces
- 2,711 Sq Ft Home
- 1-Story Property
- Family Room Off Kitchen
- Loft
- Laminate Flooring
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Walk-In Closet
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 3 Open Parking Spaces
- 3 Parking Spaces
- Parking Available
- Assigned Parking
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Wall Furnace
- Private Water Source
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 32
- Tax Tract Number 11577
- Assessor Parcel Number 5047007020
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 20, 2023
Closed on
Jan 23, 2024
Sold by
Gi Property 62 Llc
Bought by
Park-Pettiford Dylan
Seller's Agent
Xio Sandoval
CENTURY 21 REALTY MASTERS
Buyer's Agent
Brianna Galvan
Moon Realty
List Price
$1,499,999
Sold Price
$1,550,000
Premium/Discount to List
$50,001
3.33%
Total Days on Market
28
Views
201
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,424
Avg. Annual Appreciation
1.38%
Original Mortgage
$1,545,000
Outstanding Balance
$1,525,122
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$51,302
Purchase Details
Closed on
Nov 23, 2022
Sold by
5 Star Discount Homes Llc
Bought by
Gi Property 62 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 25, 2022
Sold by
Medina Benny C
Bought by
5 Star Discount Homes Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.08%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 9, 2011
Sold by
Sykes Erma Jean and Medina Benny C
Bought by
Medina Benny C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.26%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 26, 2002
Sold by
Sykes Erma Jean
Bought by
Sykes Erma Jean and Medina Benny C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Park-Pettiford Dylan | $1,550,000 | Wfg National Title | |
| Gi Property 62 Llc | -- | Usa National Title | |
| 5 Star Discount Homes Llc | $830,000 | Usa National Title | |
| Medina Benny C | -- | Cal Counties Title Nation | |
| Sykes Erma Jean | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Park-Pettiford Dylan | $1,545,000 | |
| Previous Owner | Gi Property 62 Llc | $500,000 | |
| Previous Owner | 5 Star Discount Homes Llc | $500,000 | |
| Previous Owner | Medina Benny C | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/29/2024 02/29/24 | Sold | $1,550,000 | +3.3% | $572 / Sq Ft |
| 01/17/2024 01/17/24 | Pending | -- | -- | -- |
| 12/20/2023 12/20/23 | For Sale | $1,499,999 | -- | $553 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $14,737 | $1,198,500 | $958,800 | $239,700 |
| 2023 | $14,456 | $1,175,000 | $940,000 | $235,000 |
| 2022 | $5,459 | $437,395 | $281,033 | $156,362 |
| 2021 | $5,385 | $428,820 | $275,523 | $153,297 |
| 2019 | $5,230 | $416,102 | $267,351 | $148,751 |
| 2018 | $5,149 | $407,944 | $262,109 | $145,835 |
| 2016 | $4,918 | $392,105 | $251,932 | $140,173 |
| 2015 | $4,848 | $386,216 | $248,148 | $138,068 |
| 2014 | $4,873 | $378,652 | $243,288 | $135,364 |
Source: Public Records
Agents Affiliated with this Home
-
Xio Sandoval
Seller's Agent in 2024
Xio Sandoval
CENTURY 21 REALTY MASTERS
(323) 253-5456
2 in this area
118 Total Sales
-
Brianna Galvan
Buyer's Agent in 2024
Brianna Galvan
Moon Realty
(626) 393-6825
1 in this area
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: MB23228671
APN: 5047-007-020
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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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