NOT LISTED FOR SALE

5862 David Ave Los Angeles, CA 90034

Mid-City Neighborhood

Estimated Value: $2,474,000 - $2,497,000

2 Beds
1 Bath
736 Sq Ft
$3,375/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $770,000 $1,046 Per Sq Ft

Est. 223% increase in value since last sale

Current estimated payment $15,364/month

91 Days on Market

Highlights

  • In Ground Pool
  • Spanish Architecture
  • 1-Story Property

About This Home

As of January 2016

Attention Developers/Builders, great Lard1.5 LOT in up and coming area just out side of Culver City in the Mid City area. Several comp in area! Drive buy only.. Delivered vacant.

Last Agent to Sell the Property

Wesley Earley

Coldwell Banker Realty License #01412888 Listed on: 10/15/2015

Coldwell Banker Realty

Last Buyer's Agent

Linda Moreh

Nelson Shelton & Associates License #01294670

Nelson Shelton & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,237

Year Built

  • Built in 1924

Lot Details

  • 4,999 Sq Ft Lot
  • Property is zoned LARD1.5

Parking

  • Driveway

Home Design

  • Spanish Architecture

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • In Ground Pool
  • Spa

Additional Features

  • 1-Story Property
  • Cooling System Powered By Gas

Listing and Financial Details

  • Assessor Parcel Number 5065-020-014

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,237

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Street Number Display: Yes
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0

Exterior Features

  • Tennis Court Y/N: No
  • Pool: Yes
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Driveway

Utilities

  • Cooling: Gas

Lot Info

  • Assessor Parcel Number: 5065-020-014
  • Geocode Override: No
  • Lot Size Area: 4999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2017
Sold by
Izy Investments Fairfax Llc
Bought by
Izy Investments Fairfax Llc
Current Estimated Value
$2,484,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,462,500
Interest Rate
3.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 15, 2015
Closed on
Nov 30, 2015
Sold by
Allouche Tane
Bought by
Izy Investments Fairfax Llc
Seller's Agent
Wesley Earley
Coldwell Banker Realty
Buyer's Agent
Linda Moreh
Nelson Shelton & Associates
List Price
$799,000
Sold Price
$770,000
Premium/Discount to List
-$29,000
-3.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%

Purchase Details

Closed on
Feb 20, 2009
Sold by
Mercado Reynalda
Bought by
Allouche Etane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 2009
Sold by
Barbierri Ira
Bought by
Allouche Etane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.91%
Mortgage Type
Purchase Money Mortgage
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
Izy Investments Fairfax Llc -- Fntg
Izy Investments Fairfax Llc $770,000 Californa Title Company
Allouche Etane $380,000 Pct
Allouche Etane -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Izy Investments Fairfax $5,100,000
Closed Izy Investments Fairfax Llc $2,555,353
Closed Izy Investments Fairfax Llc $1,462,500
Previous Owner Allouche Etane $297,000
Previous Owner Allouche Etane $304,000
Previous Owner Mercado Reynalda $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $770,000 -3.6% $1,046 / Sq Ft
01/14/2016 01/14/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $799,000 -- $1,086 / 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 $22,237 $1,839,128 $911,520 $927,608
2024 $22,237 $1,803,068 $893,648 $909,420
2023 $21,811 $1,767,715 $876,126 $891,589
2022 $20,803 $1,733,055 $858,948 $874,107
2021 $20,530 $1,699,074 $842,106 $856,968
2019 $9,796 $817,130 $817,130 $0
2018 $9,694 $801,108 $801,108 $0
2017 $9,496 $785,400 $785,400 $0
2016 $4,458 $367,800 $261,000 $106,800
2015 $4,458 $367,800 $261,000 $106,800
2014 $3,863 $310,000 $220,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Wesley Earley

    Seller's Agent in 2016

    Wesley Earley

    Coldwell Banker Realty

    (310) 922-6691

    33 Total Sales

    Wesley Earley
    Section Image
  • Linda Moreh

    Buyer's Agent in 2016

    Linda Moreh

    Nelson Shelton & Associates

    (310) 490-2626

    1 Total Sale

    Linda Moreh
    Section Image
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Map

Source: The MLS

MLS Number: 15-952289

The MLS

APN: 5065-020-014

California Los Angeles County Los Angeles 90034 Mid-City

5862 David Ave, Los Angeles, CA

This home is located at 5862 David Ave, Los Angeles, CA 90034 since 15 October 2015 and is currently estimated at $2,484,333, approximately $3,375 per square foot. This property was built in 1924. 5862 David Ave is a home located in Los Angeles County with nearby schools including Marvin Avenue Elementary School, Daniel Webster Middle School, and Alexander Hamilton Senior High School.

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