NOT LISTED FOR SALE

Estimated Value: $2,735,000 - $3,244,000

4 Beds
3 Baths
2,499 Sq Ft
$1,183/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $2,610,000 $1,044 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $18,434/month

8 Days on Market

Highlights

  • Gourmet Kitchen
  • Primary Bedroom Suite
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Cathedral Ceiling
  • Spanish Architecture

About This Home

As of July 2021

Meticulously remodeled Spanish home in Hancock Park proper by designer Jad Najjar keeping some of the original charm mixed with a modern flair with mostly high ceilings through out. This 2499 sq.ft. home features 4 bedrooms & 3 baths . Garage has been updated to be used as a bonus room with French doors looking out to a private yard. All new insulation and drywall through out, and all new electrical, plumbing, AC+Heat, music and camera system, with indoor and outdoor speakers, featuring high-end quartz stone, Walker Zanger tile and finishes. A chefs kitchen featuring Viking appliances, and custom cabinetry through out. European oak wood wide plank floors, & Restoration Hardware fixtures, and Drapery as well as custom designed sconces. A dramatic fireplace in the spacious living room with high barrel ceilings and dramatic original french windows.Property is located in the esteemed Third street school district and newly landscaped to offer much privacy with 24 ficus that can grew up to 40. A custom awning also is on order and will be installed before closing escrow.

Last Agent to Sell the Property

Jad Najjar

Spalding & Associates License #01227860 Listed on: 06/24/2021

Last Buyer's Agent

Esther Joo

Masters Realty & Investment License #01809894

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $33,169

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 7,706 Sq Ft Lot
  • Lot Dimensions are 53x147
  • West Facing Home
  • Fenced Yard
  • Drip System Landscaping
  • Front and Back Yard Sprinklers
  • Lawn
  • Back and Front Yard
  • Historic Home
  • Property is zoned LAR1

Parking

  • 2 Car Detached Garage
  • Converted Garage
  • Garage Door Opener
  • Gravel Driveway
  • Automatic Gate
  • Guest Parking
  • On-Street Parking
  • Controlled Entrance

Home Design

  • Spanish Architecture
  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Clay Roof

Interior Spaces

  • 2,499 Sq Ft Home
  • 1-Story Property
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Cathedral Ceiling
  • Skylights
  • Recessed Lighting
  • Double Pane Windows
  • Awning
  • Bay Window
  • Window Screens
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Center Hall
  • Security Lights

Kitchen

  • Gourmet Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • In-Law or Guest Suite
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only

Laundry

  • Laundry Room
  • Dryer

Outdoor Features

  • Open Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Hot Water Circulator
  • Sewer in Street
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5523-007-012

Home Details

Home Type

Single Family

Est. Annual Taxes

$33,169

Year Built

Built in 1923 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Location: Foyer
  • Living Area: 2499
  • Lot Acreage: 0.1769
  • Lot Dimensions: 53x147
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Cathedral-Vaulted Ceilings, High Ceilings (9 Feet+), Pre-wired for high speed Data, Pre-wired for surround sound, Recessed Lighting, Turnkey, Drywall Walls
  • Number Of Remote Controls: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed, Stone, Tile
  • Appliances: Built-In And Free Standing, Built-Ins, Gas/Electric Range
  • Bedrooms: 4
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset, Master Bedroom, Main Floor Master Bedroom, Main Floor Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower and Tub, Shower Stall, Tile, Granite, Low Flow Toilet(s)
  • Three Quarter Bathrooms: 2
  • Dining Room: 1
  • Family Room: 1
  • Eating Areas: Breakfast Counter / Bar, Formal Dining Rm
  • Kitchen Features: Counter Top, Gourmet Kitchen, Open to Family Room, Remodeled, Stone Counters
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 3.00
  • Den: 1
  • Equipment: Built-Ins, Dishwasher, Dryer, Electric Dryer Hookup, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Microwave
  • Fireplace: Yes
  • Price Per S Q F T: 1020.01
  • Windows: Awning, Bay Window, Double Pane Windows, French Windows, Skylights, Screens

Exterior Features

  • Direction Faces: West
  • Construction: Combination, Concrete
  • Other Features: Historical
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Awning, Concrete Slab, Patio Open, Porch - Front
  • Pool: No
  • Roof: Clay, Composition
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Above Street Level, Auto Driveway Gate, Controlled Entrance, Converted Garage, Covered Parking, Detached, Door Opener, Driveway, Driveway - Combination, Parking for Guests - Onsite, Driveway - Concrete, Driveway - Gravel
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Water Heater: Tankless, Hot Water Circulator
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Special Zoning: Property Report
  • Sprinklers: Drip System, Front, Rear, Sprinkler System, Sprinkler Timer
  • Horses: No
  • Assessor Parcel Number: 5523-007-012
  • Lot Description: Front Yard, Lawn, Landscaped, Gutters, Fenced, Fenced Yard, Exterior Security Lights, Automatic Gate, Back Yard
  • Lot Location: Flats
  • Lot Size Area: 7706

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 7, 2021
Sold by
Lemay Daniel Robert
Bought by
Lakis Jason Alexander and Lakis Eunice Chang
Seller's Agent
Jad Najjar
Spalding & Associates
Buyer's Agent
Esther Joo
Masters Realty & Investment
List Price
$2,549,000
Sold Price
$2,610,000
Premium/Discount to List
$61,000
2.39%
Current Estimated Value
$2,955,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,708
Avg. Annual Appreciation
2.98%
Original Mortgage
$1,000,000
Outstanding Balance
$907,345
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$2,048,363

Purchase Details

Listed on
Mar 6, 2020
Closed on
Apr 15, 2020
Sold by
Stockpile Property Ventures Llc
Bought by
Lemay Daniel Robert
Seller's Agent
Ryan King
The Agency
Buyer's Agent
Ryan King
The Agency
List Price
$1,650,000
Sold Price
$1,300,000
Premium/Discount to List
-$350,000
-21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
76.24%

Purchase Details

Listed on
Mar 6, 2020
Closed on
Apr 6, 2020
Sold by
Thomas Yvonne H and Paul Lee Strand And Living Tru
Bought by
Stockpile Property Ventures Llc
Seller's Agent
Ryan King
The Agency
Buyer's Agent
Ryan King
The Agency
List Price
$1,650,000
Sold Price
$1,300,000
Premium/Discount to List
-$350,000
-21.21%

Purchase Details

Closed on
Mar 26, 2012
Sold by
Strand Paul Lee and The Strand Family Trust
Bought by
Strand Paul Lee and The Paul Lee Strand Living Tru

Purchase Details

Closed on
Oct 6, 2001
Sold by
Strand Paul Lee and Strand Lynda Aliene
Bought by
Strand Paul Lee and Strand Lynda A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lakis Jason Alexander $2,610,000 Equity Title
Lemay Daniel Robert $1,325,000 Lawyers Title Company
Lemay Daniel Robert -- Lawyers Title Company
Stockpile Property Ventures Llc $1,300,000 Lawyers Title Company
Strand Paul Lee -- None Available
Strand Paul Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakis Jason Alexander $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2021 07/15/21 Sold $2,610,000 +2.4% $1,044 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $2,549,000 +96.1% $1,020 / Sq Ft
04/21/2020 04/21/20 Sold $1,300,000 -18.5% $591 / Sq Ft View Prior Sale
04/02/2020 04/02/20 Pending -- -- --
03/23/2020 03/23/20 Price Changed $1,595,000 -3.3% $725 / Sq Ft
03/06/2020 03/06/20 For Sale $1,650,000 -- $750 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
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 $33,169 $2,769,751 $2,215,802 $553,949
2024 $33,169 $2,715,443 $2,172,355 $543,088
2023 $32,518 $2,662,200 $2,129,760 $532,440
2022 $30,990 $2,610,000 $2,088,000 $522,000
2021 $16,275 $1,338,726 $803,236 $535,490
2020 $2,126 $139,508 $87,440 $52,068
2019 $2,054 $136,774 $85,726 $51,048
2018 $1,936 $134,094 $84,046 $50,048
2016 $1,827 $128,889 $80,784 $48,105
2015 $1,803 $126,954 $79,571 $47,383
2014 $1,816 $124,468 $78,013 $46,455
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-748024

The MLS

APN: 5523-007-012