NOT LISTED FOR SALE

Estimated Value: $1,110,384 - $1,375,000

4 Beds
4.5 Baths
2,218 Sq Ft
$566/Sq Ft Est. Value

Last Sold December 24, 2014

Last sale price $780,000 $352 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $7,430/month

17 Days on Market

Highlights

  • Spanish Architecture
  • Ceiling Fan
  • Floor Furnace
  • Laundry Room

About This Home

As of December 2014

This private, gated 1920s Spanish-style duplex offers new remodeling and additions that make this property an Oasis to be had! Your land sits behind an automatic gate, featuring immense grassy yards with avocado, lemon, orange and palm trees, with Bougainvillea throughout! The main two-story house (2/2.5) comes complete with two master bedroom suites, as well as hardwood floors, stainless steel appliances, wood beams, French doors, and a powder room for guests. The second house (3/2) offers more of the same magic; having converted the garage into a master suite with its own private entry, as well as two other bedrooms with a shared full bathroom, and an intimate, private back patio area. Property has an automatic sprinkler system. Close proximity to Downtown, Korea town, Echo Park, Los Feliz, Silver Lake. These areas are all within an apx. 5 minute drive. A truly rare opportunity in an exciting area.

Last Agent to Sell the Property

Shannon Ramey

Compass License #01485033 Listed on: 10/31/2014

Last Buyer's Agent

Umang Bhakta

Umang Bhakta License #01925531

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,366

Year Built

  • Built in 1922

Lot Details

  • 5,997 Sq Ft Lot
  • Sprinkler System

Home Design

  • Spanish Architecture

Interior Spaces

  • 2,218 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Utilities

  • Window Unit Cooling System
  • Floor Furnace

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5155-028-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,366

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 2218
  • Stories: 2
  • Year Built: 1922
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.50
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 360.23

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 5

Utilities

  • Cooling: Air Conditioning, Window Unit(s)
  • Heating: Floor Furnace

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Value: 261280
  • Assessed Land Value: 358620
  • Assessor Parcel Number: 5155-028-002
  • Geocode Override: No
  • Lot Size Area: 5997

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 10.74
  • Number Of Units: 2
  • Total Annual Expense: 13587
  • Type Of Units: N/A
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2018
Sold by
Smith Pauli
Bought by
Smith Pauli T and Pauli T Smith Revocable Trust
Current Estimated Value
$1,189,962

Purchase Details

Listed on
Oct 31, 2014
Closed on
Dec 11, 2014
Sold by
Bowlen Jacquelyn L
Bought by
Bhakta Mohan
Seller's Agent
Shannon Ramey
Compass
Buyer's Agent
Umang Bhakta
Umang Bhakta
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.58%
Original Mortgage
$300,000
Outstanding Balance
$231,462
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$1,024,634

Purchase Details

Closed on
Jul 14, 2011
Sold by
Bsds Llc
Bought by
Bowlen Jacquelyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2010
Sold by
Aurora Loan Services Llc
Bought by
Bsds Llc

Purchase Details

Closed on
May 18, 2009
Sold by
Kim Dong Won
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jan 26, 2007
Sold by
Johnson Michael L
Bought by
Kim Dong Won

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$649,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2002
Sold by
Insalaco Ron J
Bought by
Smith Pauli T

Purchase Details

Closed on
Aug 26, 1999
Sold by
Hud
Bought by
Johnson Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,432
Interest Rate
7.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1997
Sold by
Gmac Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Dec 15, 1997
Sold by
Cunanan Jose and Gmac Mtg Corp
Bought by
Gmac Mtg Corp

Purchase Details

Closed on
May 31, 1995
Sold by
Ortonio Francisca G
Bought by
Cunanan Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,602
Interest Rate
8.36%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Smith Pauli T -- None Available
Bhakta Mohan $780,000 Equity Title
Bhakta Mohan -- Equity Title
Bowlen Jacquelyn L $605,000 Lsi Title
Bsds Llc $310,000 Lsi Title Company Ca
Aurora Loan Services Llc $699,549 Accommodation
Kim Dong Won $815,000 Chicago Title Co
Smith Pauli T $292,000 Commerce Title
Johnson Michael L $140,000 Provident Title Company
Hud -- Stewart Title
Gmac Mtg Corp $193,763 --
Cunanan Jose $180,000 Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bhakta Mohan $300,000
Previous Owner Bowlen Jacquelyn L $484,000
Previous Owner Kim Dong Won $649,000
Previous Owner Johnson Michael L $414,000
Previous Owner Johnson Michael L $141,711
Previous Owner Johnson Michael L $158,432
Previous Owner Cunanan Jose $175,602
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2014 12/24/14 Sold $780,000 -2.4% $352 / Sq Ft
11/17/2014 11/17/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $799,000 -- $360 / Sq Ft
Source: The MLS

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 $11,366 $937,433 $841,290 $96,143
2024 $11,366 $919,053 $824,795 $94,258
2023 $11,151 $901,033 $808,623 $92,410
2022 $10,638 $883,367 $792,768 $90,599
2021 $10,501 $866,047 $777,224 $88,823
2020 $10,607 $857,168 $769,255 $87,913
2019 $10,543 $840,362 $754,172 $86,190
2018 $10,491 $823,885 $739,385 $84,500
2016 $9,996 $791,895 $710,675 $81,220
2015 $9,856 $780,000 $700,000 $80,000
2014 $8,131 $619,900 $358,620 $261,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-807749

The MLS

APN: 5155-028-002