NOT LISTED FOR SALE

5522 Edgewood Place Unit 2 Los Angeles, CA 90019

Miracle Mile Neighborhood

Estimated Value: $1,143,771 - $1,917,000

1 Bed
1 Bath
900 Sq Ft
6,251 Sq Ft Lot

Highlights

  • City Lights View
  • Wood Flooring
  • Tile Countertops
  • Traditional Architecture
  • Bathtub with Shower
  • Living Room

About This Home

As of November 2022

Enchantingly charming upper 1 bedroom | 1 bath MIRACLE MILE apartment home in the heart of it all! Boasting gleaming hardwood floors, freshly painted walls, new appliances, restored kitchen and bathroom, spacious and sun-filled living room and bedroom, shared backyard, and a 1-car garage with plenty of street parking available for guests. Centrally located within close distance to well-known shops, gyms, parks, restaurants, museums, and grocery stores. The description does little justice to fully understanding the scope of this unit's loveliness; home has never felt so good!

Last Agent to Rent the Property

Rodney Wittbrodt

Compass License #02095111 Listed on: 10/17/2022

Compass

Last Renter's Agent

Rodney Wittbrodt

Compass License #02095111 Listed on: 10/17/2022

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,918

Year Built

  • Built in 1941

Lot Details

  • 6,251

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 900 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Area
  • Wood Flooring
  • City Lights Views

Kitchen

  • Gas Oven
  • Range Hood
  • Tile Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Central Water Heater

Listing and Financial Details

  • Security Deposit $2,200
  • Tenant pays for gas, electricity, insurance
  • 12 Month Lease Term
  • Assessor Parcel Number 5085-012-005

Community Details

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • 4 Units
  • Rent Control

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,918

Year Built

Built in 1941

Lot Details

0

Parking

1

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Control: Yes
  • Security Deposit: 2200
  • Tenant Pays: Gas, Electricity, Insurance

Listing Details

  • Property Type: Residential Lease
  • Style: Traditional
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Advertising Remarks: Enchantingly charming upper 1 bedroom | 1 bath MIRACLE MILE apartment home in the heart of it all! Boasting gleaming hardwood floors, freshly painted walls, new appliances, restored kitchen and bathroom, spacious and sun-filled living room and bedroom, shared backyard, and a 1-car garage with plenty of street parking available for guests. Centrally located within close distance to well-known shops, gyms, parks, restaurants, museums, and grocery stores. The description does little justice to fully understanding the scope of this unit's loveliness; home has never felt so good!
  • Entry Floor: 2
  • Lease Terms: 1+Year
  • Living Area: 900
  • Lot Acreage: 0.1435
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1941
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Hardwood
  • Appliances: Oven-Gas, Range Hood
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: In Kitchen
  • Kitchen Features: Tile Counters
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Refrigerator, Range/Oven, Hood Fan
  • Price Per S Q F T: 2.44

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: City Lights, Walk Street
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Garage - 1 Car
  • Total Parking: 1

Utilities

  • Water Heater: Central Water Heater
  • Cooling: Window Unit(s)
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)

Association/Amenities

  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 5085-012-005
  • Lot Size Area: 6250

Multi Family

  • Number Of Units: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2020
Sold by
Lazaro Salvador and Lazaro Gloria
Bought by
Lazaro Salvador and Lazaro Gloria
Current Estimated Value
$1,473,693

Purchase Details

Closed on
Jun 1, 1999
Sold by
Jordan Helen I and The H & R Jordan Family Trust
Bought by
Lazaro Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$51,557
Interest Rate
7.4%
Estimated Equity
$1,422,136
Source: Public Records

Range of Values:

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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
Lazaro Salvador -- None Available
Lazaro Salvador $240,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazaro Salvador $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2022 11/11/22 Rented $2,200 0.0% --
11/02/2022 11/02/22 Under Contract -- -- --
10/17/2022 10/17/22 For Rent $2,200 +22.6% --
05/29/2021 05/29/21 Rented $1,795 0.0% --
05/13/2021 05/13/21 For Rent $1,795 -- --
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 $4,918 $368,854 $261,277 $107,577
2024 $4,918 $361,622 $256,154 $105,468
2023 $4,836 $354,532 $251,132 $103,400
2022 $4,632 $347,581 $246,208 $101,373
2021 $4,555 $340,767 $241,381 $99,386
2019 $4,430 $330,861 $234,222 $96,639
2018 $4,329 $324,379 $229,630 $94,749
2016 $4,113 $311,593 $220,714 $90,879
2015 $4,057 $306,913 $217,399 $89,514
2014 $4,098 $300,902 $213,141 $87,761
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-209727

The MLS

APN: 5085-012-005