NOT LISTED FOR SALE

Estimated Value: $2,303,000 - $2,925,979

6 Beds
4 Baths
3,921 Sq Ft
$660/Sq Ft Est. Value

Last Sold December 05, 2019

Last sale price $2,155,000 $550 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $16,635/month

8 Days on Market

Highlights

  • Wood Flooring
  • Hydromassage or Jetted Bathtub
  • Granite Countertops
  • Hancock Park Elementary Rated 9+
  • Steam Shower
  • 4 Car Detached Garage

About This Home

As of December 2019

Beautifully redone duplex with tons of original character. Spacious, high ceilings, lots of natural light, wood floors, stained glass, original built-ins, stainless steel appliances, granite counters, steam shower, spa tub, central HVAC, mature fruit trees, amazing central location near transportation. Great income with pride of ownership. Cooperate with 1031 exchange. Must see. Lower unit is currently vacant and move in ready.

Last Agent to Sell the Property

Joel Ring

Joel Ring License #01398047 Listed on: 10/25/2019

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,229

Year Built

  • Built in 1934

Lot Details

  • 6,250 Sq Ft Lot
  • South Facing Home

Parking

  • 4 Car Detached Garage
  • 2 Open Parking Spaces
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Permanent Foundation
  • Concrete Perimeter Foundation
  • Pier And Beam

Interior Spaces

  • 3,921 Sq Ft Home
  • Dining Room
  • Wood Flooring
  • Window Bars

Kitchen

  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Granite Bathroom Countertops
  • Double Vanity
  • Hydromassage or Jetted Bathtub
  • Steam Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Property is located within a water district
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 5510-026-049

Community Details

Overview

  • 2 Units
  • 21-Story Property

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,229

Year Built

Built in 1934

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Disability Access: 2+ Access Exits
  • Living Area: 3921
  • Probate: No
  • Stories: 21
  • Year Built: 1934
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Carpet: 0
  • Number Dishwasher: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Flooring: Hardwood
  • Appliances: Convection Oven, Free Standing Gas
  • Bedrooms: 6
  • Bathroom Features: Double Vanity(s), Granite, Steam Shower, Tub With Jets
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: In Closet, In Unit
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Ice Maker, Microwave, Range/Oven, Recirculated Exhaust Fan, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 548.33

Exterior Features

  • Direction Faces: South
  • Other Structures: Other
  • Tennis Court Y/N: No
  • Foundation Details: Concrete Perimeter, Permanent, Pier and Beam
  • Construction: Frame and Stucco
  • Paved: Yes
  • Pool: No

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Covered Parking: 4
  • Garage Structures: 1
  • Number Rented Garages: 1
  • Parking Garage: Detached, Door Opener, Shared Driveway
  • Total Parking: 6

Utilities

  • Water Heater: Gas, Instant Hot Water, Tankless, Water Heater Unit
  • Cooling: Air Conditioning
  • Heating: Forced Air
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Security: Window Bars
  • Water: District

Lot Info

  • Assessed Improvement Value: 412119
  • Assessed Land Value: 1000869
  • Assessor Parcel Number: 5510-026-049
  • Geocode Override: No
  • Lot Size Area: 6250

Rental Info

  • Number Leased: 1
  • Owner Pays: Gardener
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Number Wall A C: 0
  • Total Annual Expense: 0
  • Type Of Units: apartments
  • Vacancy Rate: 50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 26, 2019
Sold by
Ring Joel
Bought by
Meco Ezmeralda
Seller's Agent
Joel Ring
Joel Ring
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,150,000
Sold Price
$2,155,000
Premium/Discount to List
$5,000
0.23%
Current Estimated Value
$2,586,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,245
Avg. Annual Appreciation
3.28%
Original Mortgage
$1,724,000
Outstanding Balance
$1,527,608
Interest Rate
3.75%
Estimated Equity
$1,058,637

Purchase Details

Closed on
Jun 28, 2005
Sold by
Blumin Robert and Blumin Carolee
Bought by
Ring Joel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Meco Ezmeralda $2,155,000 Chicago Title Company
Ring Joel $1,200,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meco Ezmeralda $1,724,000
Previous Owner Ring Joel $1,090,000
Previous Owner Ring Joel $900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2019 12/05/19 Sold $2,155,000 +0.2% $550 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $2,150,000 -- $548 / 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 $28,229 $2,356,803 $1,651,403 $705,400
2024 $28,229 $2,310,592 $1,619,023 $691,569
2023 $27,683 $2,265,287 $1,587,278 $678,009
2022 $26,394 $2,220,870 $1,556,155 $664,715
2021 $26,065 $2,177,325 $1,525,643 $651,682
2019 $17,735 $1,470,551 $1,041,303 $429,248
2018 $17,615 $1,441,727 $1,020,886 $420,841
2016 $16,829 $1,385,284 $981,245 $404,039
2015 $16,583 $1,364,476 $966,506 $397,970
2014 $16,639 $1,337,749 $947,574 $390,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-524356

The MLS

APN: 5510-026-049