$750,000
SOLD JUL 9, 2019

5961 Hayes Ave Los Angeles, CA 90042

2 Beds
1 Bath
1,288 Sq Ft
7,803 Sq Ft Lot

Recently Sold

$582 Per Sq Ft

9% Below List Price

68 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Separate Outdoor Workshop
  • Lawn
  • Covered Patio or Porch
  • Eat-In Kitchen

About This Home

As of July 2019

Located in the historic and eclectic Highland Park neighborhood, this 1903 California Bungalow is a great investment with priceless original features. The existing home is 1,288 square feet with 2 bedrooms and 1 full bathroom. It sits on 7,813 square foot lot that is zoned LARD2 which means its zoned for two family dwellings. The front porch has river rock pillars and complimentary chimney. You enter the home through an oversized front door with glass blocks and decorative side lights that appear to be original. There is extensive millwork including beautiful wood casings around the doors and leaded glass windows. Built-in cabinets and shelves throughout with a great sideboard buffet and leaded glass front china cabinet recessed into the dining room wall. Wood trimmed coved ceilings are featured throughout the home, original hardwood floors in the living room and natural lighting. There is also a bonus detached room that may be used as an art studio or workshop. This is a highly desirable area that is a short distance from cafes, restaurants, shops and near the Metro Gold Line.

Last Agent to Sell the Property

Michael Douglas

Coldwell Banker Realty License #01350443 Listed on: 03/16/2019

Coldwell Banker Realty

Last Buyer's Agent

Michael Wells

Compass License #02082649

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,930

Year Built

  • Built in 1903

Lot Details

  • 7,803 Sq Ft Lot
  • Lawn
  • Back Yard
  • Property is zoned LARD2

Home Design

  • Bungalow

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Floor Furnace
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 5492016023

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,930

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5492016023
  • Year Built: 1903
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1288.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 582.30
  • Room Type: Living Room
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Front Porch, Wood
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Lawn, Lot 6500-9999
  • Lot Size Sq Ft: 7803.00
  • Lot Size Acres: 0.1791

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7803.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1837.01
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Benson Wells Michael
Bought by
Daking Jennifer Noel
Current Estimated Value
$1,195,824

Purchase Details

Listed on
Mar 16, 2019
Closed on
Jun 24, 2019
Sold by
Vasquez Guillermo Villanueva and The Guillermo Villanueva Vasqu
Bought by
Wells Michael Benson and Daking Jennifer Noel
Seller's Agent
Michael Douglas
Coldwell Banker Realty
Buyer's Agent
Michael Wells
Compass
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-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
8.14%
Original Mortgage
$562,500
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 2019
Sold by
Vasquez Guillermo Villanueva and The Guillermo Villanueva Vasqu
Bought by
Delcarmen Villanueva Maria and Villanueva Noe

Purchase Details

Closed on
Aug 10, 2018
Sold by
Villanueva Lisa
Bought by
Vasquez Guillermo Villanueva and The Guilermo Villanueva Vasquiez Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 22, 2016
Sold by
Vasquez Guillermo Villanueva
Bought by
Villanueva Lisa and Vasquez Guillermo Villanueva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
3.42%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Deed -- Holmes & Holmes
Deed -- Holmes & Holmes
Grant Deed $750,000 Equity Title Orange County
Interfamily Deed Transfer -- Accommodation
Grant Deed $220,000 Orange Coast Title Company
Interfamily Deed Transfer -- Wfg National Title Co Of Ca
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $562,500 Adjustable Rate Mortgage/ARM
Previous Owner $610,000 Commercial
Previous Owner $277,000 New Conventional
Previous Owner $227,500 New Conventional
Previous Owner $125,000 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $45,000 Credit Line Revolving
Previous Owner $148,320 Unknown
Previous Owner $121,700 Unknown
Previous Owner $123,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2019 07/09/19 Sold $750,000 -4.5% $582 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/07/2019 05/07/19 Price Changed $785,000 -4.8% $609 / Sq Ft
05/04/2019 05/04/19 For Sale $825,000 0.0% $641 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $825,000 +10.0% $641 / Sq Ft
03/22/2019 03/22/19 Off Market $750,000 -- --
03/16/2019 03/16/19 For Sale $825,000 -- $641 / 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 $9,930 $820,231 $656,186 $164,045
2024 $9,930 $804,149 $643,320 $160,829
2023 $9,739 $788,382 $630,706 $157,676
2022 $9,286 $772,925 $618,340 $154,585
2021 $9,173 $757,770 $606,216 $151,554
2019 $5,107 $412,349 $322,814 $89,535
2018 $4,998 $403,334 $316,387 $86,947
2016 $418 $29,355 $20,893 $8,462
2015 $412 $28,915 $20,580 $8,335
2014 $423 $28,349 $20,177 $8,172
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19058711

California Regional Multiple Listing Service (CRMLS)

APN: 5492-016-023