$1,851,000
SOLD FEB 25, 2025

611 Milo Terrace Los Angeles, CA 90042

4 Beds
4 Baths
2,359 Sq Ft
5,488 Sq Ft Lot

Recently Sold

$785 Per Sq Ft

23% Above List Price

12 Days on Market

Highlights

  • Art Studio
  • Maid or Guest Quarters
  • Main Floor Bedroom
  • Mountain View
  • Wood Flooring
  • Bonus Room

About This Home

As of February 2025

Discover a rare opportunity to own a pair of designer-updated residences in Highland Park, meticulously crafted by the visionary team at Bungalowe. These homes seamlessly combine modern functionality with timeless charm, offering a unique and versatile living arrangement. Delivered fully vacant, they are ready for your immediate use.615 Milo Terrace is a bright and inviting 3-bedroom, 2-bathroom home spanning 1,338 sq ft. Its thoughtfully updated layout offers a seamless flow, well-proportioned bedrooms, and modernized bathrooms. The property also includes a 150 sq ft bonus space with an additional bathroom--perfect for a home office, creative studio, or flex space to suit your needs.611 Milo Terrace is a charming 1-bedroom, 1-bathroom home measuring 871 sq ft. It features a private outdoor area, ideal for relaxing or entertaining, and a cozy yet functional layout that offers endless possibilities as a guest house, rental, or personal retreat.Adding to the property's appeal is a spacious 2-car garage, providing ample storage and secure parking-a rare and valuable feature in this sought after neighborhoodDesigned with versatility in mind, this property is perfect for investors, those looking to live in one home while renting the other, or anyone seeking a multi-generational living setup. Located in Highland Park, one of LA's most vibrant and desirable neighborhoods, this property is just moments away from fantastic restaurants, coffee shops, and everything this thriving community has to offer.

Last Agent to Sell the Property

Ashmat Delawari

Compass California, Inc. License #02078758 Listed on: 01/19/2025

Compass California, Inc.

Co-Listed By

Nicholas Borchenko

Compass License #02190712

Last Buyer's Agent

Jennifer Gainey

Compass License #01361195

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,999

Year Built

  • Built in 1941 | Remodeled

Lot Details

  • 5,488 Sq Ft Lot
  • 1 Common Wall
  • Fenced
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Duplex
  • Turnkey
  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 2,359 Sq Ft Home
  • Built-In Features
  • Bay Window
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Art Studio
  • Storage
  • Laundry Room
  • Wood Flooring
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Bathtub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • More Than Two Accessible Exits
  • Accessible Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Heating System
  • 220 Volts
  • Natural Gas Connected
  • Tankless Water Heater
  • Phone Available

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Community Details

  • No Home Owners Association
  • Mountainous Community

Listing and Financial Details

  • Assessor Parcel Number 5477027047

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,999

Year Built

Built in 1941 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s), Security System
  • View: Yes
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5477027047
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2359.00 Square Feet
  • Interior Amenities: Built-in Features, Pantry, In-Law Floorplan, Storage
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Accessibility Features: 2+ Access Exits, Parking
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 784.65
  • Room Type: Art Studio, Primary Bathroom, Main Floor Bedroom, Primary Bedroom, Living Room, Guest/Maid's Quarters, Family Room, Entry, Bonus Room
  • Window Features: Bay Window(s)
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: No
  • Foundation: Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting, Rain Gutters
  • View: Mountain(s)
  • Fence: Yes
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Available, Water Available, Sewer Connected, Phone Available, Natural Gas Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Built-In Range, Water Heater, Tankless Water Heater, Refrigerator
  • Electric: 220 Volts
  • Heating Type: Fireplace(s), Forced Air
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Suburban, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System
  • Lot Size Sq Ft: 5488.00
  • Lot Size Acres: 0.1260

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5488.0000 Square Feet

Tax Info

  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2025
Closed on
Feb 18, 2025
Sold by
Bungalowe Llc and Los Angeles Equity Holdings Llc
Bought by
Marray Salanova Family Trust and Salanova
Seller's Agent
Ashmat Delawari
Compass California, Inc.
Buyer's Agent
Jennifer Gainey
Compass
List Price
$1,499,000
Sold Price
$1,851,000
Premium/Discount to List
$352,000
23.48%
Views
1171
Current Estimated Value
$1,587,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$263,987
Avg. Annual Appreciation
-31.93%
Original Mortgage
$851,000
Outstanding Balance
$850,293
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$736,720

Purchase Details

Listed on
Mar 15, 2024
Closed on
Apr 23, 2024
Sold by
Emmons William Harvey and Mendoza Dom V
Bought by
Bungalowe Llc and Los Angeles Equity Holdings Llc
Seller's Agent
Oren Kozikaro
Trust Properties USA,Inc
Buyer's Agent
Brock Harris
Keller Williams Realty Los Feliz
List Price
$850,000
Sold Price
$1,085,000
Premium/Discount to List
$235,000
27.65%
Views
119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.82%
Original Mortgage
$868,000
Interest Rate
6.74%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 2, 2023
Sold by
Lorenzana Josefina M
Bought by
Mendoza Dom V
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
Grant Deed $1,851,000 Innovative Title Company
Grant Deed $1,085,000 Usa National Title
Quit Claim Deed -- Usa National Title Company
Quit Claim Deed -- Usa National Title Company
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $851,000 New Conventional
Previous Owner $868,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Sold $1,851,000 +23.5% $785 / Sq Ft
01/31/2025 01/31/25 Pending -- -- --
01/19/2025 01/19/25 For Sale $1,499,000 +38.2% $635 / Sq Ft
04/30/2024 04/30/24 Sold $1,085,000 +27.6% $491 / Sq Ft
04/02/2024 04/02/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $850,000 -- $385 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2024 $6,999 $556,909 $346,843 $210,066
2023 $2,986 $229,488 $95,445 $134,043
2022 $2,851 $224,989 $93,574 $131,415
2021 $2,804 $220,579 $91,740 $128,839
2020 $2,826 $218,318 $90,800 $127,518
2019 $2,721 $214,038 $89,020 $125,018
2018 $2,650 $209,842 $87,275 $122,567
2016 $2,507 $201,695 $83,887 $117,808
2015 $2,472 $198,666 $82,627 $116,039
2014 $2,491 $194,775 $81,009 $113,766
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-20528

Pasadena-Foothills Association of REALTORS®

APN: 5477-027-047