NOT LISTED FOR SALE

5518 1/2 Buchanan St Los Angeles, CA 90042

Estimated Value: $709,065 - $1,145,000

2 Beds
1 Bath
650 Sq Ft
$1,485/Sq Ft Est. Value

About This Home

As of June 2024

Nestled in the back building of this charming 3-apartment complex, this 2-story apartment presents a prime opportunity for comfortable living in the heart of Highland Park. Boasting 2 bedrooms and 1 bathroom, this residence offers a convenient lifestyle with all utilities included, requiring tenants only to cover cable and internet expenses if desired. Inside, you'll find a functional layout with ample natural light. The kitchen is equipped with refrigerator, range/oven, microwave, and garbage disposal, providing the essentials for culinary endeavors. While parking is not available on the property, off-street parking ensures convenience for residents. Additionally, although there's no on-site laundry, local options are easily accessible. Situated in the heart of Highland Park, this apartment enjoys proximity to Occidental College, the Highland Park Gold Line Station, Figueroa Street, and Historic Route 66. Explore the vibrant neighborhood filled with trendy shops, restaurants, and easy access to freeways, making daily commuting a breeze. Move right into this well-maintained apartment and experience the best of Highland Park living. Schedule your showing today! Please note, the listing agent, who holds a real estate license, is the owner of this property.

Last Agent to Rent the Property

Giovanni Herrera

Citi Homes Realty, Inc. License #01131530 Listed on: 05/06/2024

Last Renter's Agent

Giovanni Herrera

Citi Homes Realty, Inc. License #01131530 Listed on: 05/06/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,217

Year Built

  • Built in 1913

Lot Details

  • 5,598 Sq Ft Lot
  • Property is zoned LAR1

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 650 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Security Deposit $2,200
  • Tenant pays for cable TV
  • 12 Month Lease Term
  • Assessor Parcel Number 5478-009-072

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,217

Year Built

Built in 1913

Lot Details

0

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee
  • Lease Option: 1
  • Rent Control: No
  • Security Deposit: 2200
  • Tenant Pays: Cable TV

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Contemporary
  • Single Family Or Apt: Single Family
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Lease Terms: 1+Year
  • Living Area: 650
  • Lot Acreage: 0.1285
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1913
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Total Bathrooms: 1.00
  • Equipment: Refrigerator, Microwave, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 3.38

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Wall

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5478-009-072
  • Lot Size Area: 5598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2004
Sold by
Herrera Gema B
Bought by
Herrera Giovanni
Current Estimated Value
$965,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2003
Sold by
Martinez Santos Dejesus
Bought by
Herrera Giovanni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,500
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2000
Sold by
Hud
Bought by
Martinez Santos Dejesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
8.16%

Purchase Details

Closed on
Apr 19, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Nov 10, 1997
Sold by
Nguyen Hung Q and Nguyen Toan T
Bought by
Sanchez Celida and Gutierrez Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,945
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 1997
Sold by
Nguyen Kathy and Nguyen Dung Q
Bought by
Nguyen Tony Hung Quoc and Nguyen Toan Thi Truong
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
Herrera Giovanni -- Investors Title Company
Herrera Giovanni $290,000 Investors Title Company
Martinez Santos Dejesus $185,000 South Coast Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $214,404 Landsafe Title
Sanchez Celida $199,000 Commonwealth Land Title
Nguyen Tony Hung Quoc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herrera Giovanni $275,500
Previous Owner Martinez Santos Dejesus $148,000
Previous Owner Sanchez Celida $192,945
Closed Martinez Santos Dejesus $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2024 06/26/24 Rented $2,200 0.0% --
05/06/2024 05/06/24 For Rent $2,200 -- --
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 $5,217 $412,302 $255,914 $156,388
2024 $5,217 $404,219 $250,897 $153,322
2023 $5,121 $396,294 $245,978 $150,316
2022 $4,889 $388,524 $241,155 $147,369
2021 $4,821 $380,907 $236,427 $144,480
2020 $4,865 $377,002 $234,003 $142,999
2019 $4,681 $369,611 $229,415 $140,196
2018 $4,594 $362,365 $224,917 $137,448
2016 $4,374 $348,295 $216,184 $132,111
2015 $4,312 $343,064 $212,937 $130,127
2014 $4,344 $336,344 $208,766 $127,578
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-388385

The MLS

APN: 5478-009-072