NOT LISTED FOR SALE

Estimated Value: $1,494,000 - $1,618,669

4 Beds
3.5 Baths
2,090 Sq Ft
$743/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $1,155,000 $553 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,823/month

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • Open Floorplan
  • Auto Driveway Gate
  • City Lights View
  • Contemporary Architecture

About This Home

As of January 2022

Stunning 2015 Tri-Level Rental Home In The Heart Of Central Faircrest Heights, Close To Downtown LA , Beaches And Some Of The Best Dining/Entertainment Options in LA. Many Undergoing New Development Projects In The Area, Faircrest Heights Is Now Becoming One Of The Most Popular Neighborhoods In Los Angeles.

This Modern Spanish Beauty Features Abundant Natural Light, Style And Is Designed To Entertain On a Grand Scale. 4 Spacious Bedrooms 3.5 Beautifully Tiling Baths, Large Open Living Spaces With 10 ft Ceilings, Gorgeous Designer Done Kitchen With 2 Sinks, Bertazzoni Range, Center Island And Custom Built-Ins. Other Features Include Wall To Wall Hardwood Floors, Recess Lights, Pre-Wired Security & Whole House Automation, Solar Power Ready. A 2 Car Garage With Direct Entry And Electric Car Charger Ready, Gated Community With Remote Control Access. Last But Not Least The Sweeping City & Mountain View From The Private Roof Deck. NO SIGN ON PROPERTY. Seller may consider for LEASE for $5700/month unfurnished.
** FURNITURE FROM PREVIOUS STAGING** **Attached 2 side-by-side parking spaces can fit a normal size car and a compact size car.**
VIDEO LINK https://www.youtube.com/watch?v=aVPEV-1Ip_c

Last Agent to Sell the Property

Tina Yang

AMAX REALTY License #01012778 Listed on: 12/01/2021

Last Buyer's Agent

Tina Yang

AMAX REALTY License #01012778 Listed on: 12/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,635

Year Built

  • Built in 2015

Lot Details

  • 1,454 Sq Ft Lot
  • Block Wall Fence
  • Paved or Partially Paved Lot
  • Level Lot
  • Drip System Landscaping
  • Sprinkler System

HOA Fees

  • $210 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Garage Door Opener
  • Shared Driveway
  • Auto Driveway Gate

Property Views

  • City Lights
  • Hills

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Planned Development
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,090 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Window Screens
  • French Doors
  • Panel Doors
  • Formal Entry
  • Living Room

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Self-Cleaning Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers
  • Utility Sink
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level
  • Stacked Washer and Dryer

Home Security

  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Location

  • Property is near public transit
  • Urban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Gas Water Heater
  • Sewer Paid
  • Phone Connected
  • Cable TV Available

Additional Features

  • Doors swing in
  • Living Room Balcony

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 72048
  • Assessor Parcel Number 5068012094

Community Details

Overview

  • The Faircrest Collection Association, Phone Number (310) 909-3033
  • K.I.G Real Esate HOA

Security

  • Controlled Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,635

Year Built

Built in 2015

Lot Details

0

HOA Fees

$210 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s), Wired for Alarm System
  • Subdivision Name Other: THE FAIRCREST COLLECTION
  • View: Yes
  • Architectural Style: Contemporary, Mediterranean
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5068012094
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2090.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Unfurnished
  • Stories: 3
  • Entry Location: ground
  • Common Walls: No Common Walls
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Panel Doors
  • Eating Area: Area
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 552.63
  • Room Type: Entry, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Double Pane Windows, Screens
  • Room Kitchen Features: Butler's Pantry, Kitchen Island, Quartz Counters, Self-Closing Drawers, Utility Sink

Exterior Features

  • Foundation: Slab
  • View: City Lights, Hills
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Driveway, Paved, Garage Door Opener, Gated, Shared Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Upper Level, Stackable, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access
  • Association Fee: 210.00
  • Association Fee Frequency: Monthly
  • Association Name: The Faircrest Collection
  • Phone: 310-909-3033
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Storm Drains, Urban
  • Association Management: K.I.G Real Esate

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Near Public Transit, Paved, Sprinkler System, Sprinklers Drip System
  • Lot Size Sq Ft: 1454.00
  • Lot Size Acres: 0.0334
  • Latitude Manual: 34.05112600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1454.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 4
  • Tax Tract Number: 72048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Dec 27, 2021
Sold by
Teng Jeffrey F Y
Bought by
Cohen Childrens Pot Trust and Katzenstein
Seller's Agent
Tina Yang
AMAX REALTY
Buyer's Agent
Tina Yang
AMAX REALTY
List Price
$1,210,000
Sold Price
$1,155,000
Premium/Discount to List
-$55,000
-4.55%
Current Estimated Value
$1,552,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,417
Avg. Annual Appreciation
9.29%
Original Mortgage
$866,250
Outstanding Balance
$799,372
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$799,645

Purchase Details

Listed on
May 19, 2015
Closed on
May 4, 2015
Sold by
Hi Point Ivestors Llc
Bought by
Teng Jeffrey Fy
Seller's Agent
Grant Linscott
Keller Williams Realty Los Feliz
Buyer's Agent
Christine Baker
List Price
$947,000
Sold Price
$947,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.03%
Original Mortgage
$460,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Cohen Childrens Pot Trust $1,155,000 Provident Title
Teng Jeffrey Fy $947,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Childrens Pot Trust $866,250
Previous Owner Teng Jeffrey Fy $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $1,155,000 -4.5% $553 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $1,210,000 +27.8% $579 / Sq Ft
05/21/2015 05/21/15 Sold $947,000 0.0% $453 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $947,000 -- $453 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $14,635 $1,225,695 $270,608 $955,087
2024 $14,635 $1,201,662 $265,302 $936,360
2023 $14,353 $1,178,100 $260,100 $918,000
2022 $12,721 $1,072,499 $679,515 $392,984
2021 $12,560 $1,051,471 $666,192 $385,279
2019 $12,181 $1,020,286 $646,434 $373,852
2018 $12,131 $1,000,281 $633,759 $366,522
2016 $11,501 $961,441 $609,150 $352,291
2015 $1,648 $135,193 $122,954 $12,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21257263

California Regional Multiple Listing Service (CRMLS)

APN: 5068-012-094