NOT LISTED FOR SALE

Estimated Value: $581,000 - $843,660

2 Beds
2 Baths
1,664 Sq Ft
$430/Sq Ft Est. Value

Last Sold April 19, 2019

Last sale price $445,000 $267 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $4,405/month

About This Home

As of April 2019

Side by Side Single Level Duplex - 1 BR and 1 Bath each - surprisingly spacious with enough room to convert to 2 BR each if needed. Live in one, rent the other out (use the rent to help qualify for a loan) - or convert to a 1600+sq ft SFR which might increase the value. Large R2 Lot (40 x 144)with a spacious yard that provides ample off-street parking and storage. (Room for ADU - Check with City) Walking distance to public transportation, Convenient central location - Close to DTLA, USC, LAX, the New Inglewood Stadium, the upcoming Crenshaw Metro Line, etc. Clean property is in overall good condition. Tankless Water Heaters, Separate Alarm System, etc. Lots of possibilities here??!!

Last Agent to Sell the Property

Brian Terry

Gregory Royston License #00929855 Listed on: 02/28/2019

Last Buyer's Agent

Brett Miller

Nourmand & Associates-BW License #01333139

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,136

Year Built

  • Built in 1924

Lot Details

  • 5,767

Home Design

  • 1,664 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms
  • Bathtub

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Additional Features

  • 5,767 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 5005-026-009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,136

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Building Permit: Yes
  • Living Area: 1664
  • Year Built: 1924
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Number Carpet: 2
  • Bedrooms: 2
  • Bathroom Features: Tub Only
  • Total Bathrooms: 2.00
  • Equipment: Alarm System
  • Price Per S Q F T: 294.17

Exterior Features

  • Other Structures: None
  • Paved: Yes

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 4

Utilities

  • Heating: Wall Gas
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Value: 12440
  • Assessed Land Value: 21520
  • Assessor Parcel Number: 5005-026-009
  • Geocode Override: No
  • Lot Size Area: 5767

Rental Info

  • Total Actual Rent: 26640.00
  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 18.54
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 18264
  • Type Of Units: Duplex
  • Vacancy Rate: 00

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2021
Sold by
Fordos Peter and Lacey Scarlett Jane
Bought by
Fordos Peter and Lacey Scarlett
Current Estimated Value
$715,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,600
Outstanding Balance
$282,675
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$446,404

Purchase Details

Listed on
Feb 28, 2019
Closed on
Apr 11, 2019
Sold by
Fordos Peter and Lacey Scarlett
Bought by
Fordos Lacey Family Trust
Seller's Agent
Brian Terry
Gregory Royston
Buyer's Agent
Brett Miller
Nourmand & Associates-BW
List Price
$489,500
Sold Price
$445,000
Premium/Discount to List
-$44,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$311,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2019
Closed on
Mar 26, 2019
Sold by
Alice C Addison Living Trust
Bought by
Fordos Peter and Lacey Scarlett
Seller's Agent
Brian Terry
Gregory Royston
Buyer's Agent
Brett Miller
Nourmand & Associates-BW
List Price
$489,500
Sold Price
$445,000
Premium/Discount to List
-$44,500
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2012
Sold by
Addison Ronald L and Addison Gerald K
Bought by
Addison Ronald L and Addison Gerald K

Purchase Details

Closed on
Sep 21, 2007
Sold by
Addison Alice C and The Alice C Addison Living Rev
Bought by
Addison Alice C and The Alice C Addison Living Trust

Purchase Details

Closed on
May 10, 2007
Sold by
Addison Alice C
Bought by
Addison Alice C and Alice C Addison Living Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Mar 13, 2006
Sold by
Addison Alice C and Alice C Addison Living Revocab
Bought by
Addison Alice C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 1994
Sold by
Addison Alice C
Bought by
Addison Alice C and The Alice C Addison Living Revocable Tr
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
Fordos Peter -- Chicago Title Co
Fordos Peter -- Chicago Title Co Sd
Fordos Lacey Family Trust -- Provident Title Company
Fordos Peter $445,000 Provident Title
Addison Ronald L -- None Available
Addison Alice C -- None Available
Addison Alice C -- Financial Title Company
Addison Alice C -- Stewart Title Of California
Addison Alice C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fordos Peter $310,600
Closed Fordos Peter $311,500
Previous Owner Addison Alice C $252,000
Previous Owner Addison Alice C $215,000
Previous Owner Addison Alice C $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2019 04/19/19 Sold $445,000 -9.1% $267 / Sq Ft
02/28/2019 02/28/19 For Sale $489,500 -- $294 / 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 $6,136 $496,402 $334,654 $161,748
2024 $6,136 $486,670 $328,093 $158,577
2023 $6,024 $477,128 $321,660 $155,468
2022 $5,753 $467,773 $315,353 $152,420
2021 $5,675 $458,602 $309,170 $149,432
2020 $5,730 $453,900 $306,000 $147,900
2019 $4,900 $35,330 $22,389 $12,941
2018 $557 $34,638 $21,950 $12,688
2016 $515 $33,296 $21,099 $12,197
2015 $510 $32,797 $20,783 $12,014
2014 $527 $32,155 $20,376 $11,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-437296

The MLS

APN: 5005-026-009