NOT LISTED FOR SALE

6302 Planada Ave Los Angeles, CA 90042

Estimated Value: $1,129,000 - $1,280,287

3 Beds
2 Baths
1,274 Sq Ft
$936/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $1,012,000 $794 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $8,182/month

23 Days on Market

Highlights

  • Central Heating and Cooling System
  • 1-Story Property
  • 4-minute walk to Garvanza Park

About This Home

As of July 2019

TWO ON A LOT, delivered vacant, in Highland Park. Beautifully reimagined classic California Bungalows on a lush corner lot in the highly sought after Garvanza area of Highland Park. Live in one while renting out another. Each house is replete with hardwood flooring, period wooden windows, lovely custom kitchens (with Bertazzoni stoves), central heat and air, tankless water heaters and so much charm, warmth & character. A truly private oasis, surrounded by maturing cacti and beautiful drought tolerant landscaping. Both units will be delivered fully vacant. Take advantage of the booming rental market and own this as a wonderful investment. Just minutes away from some of the best cafes, parks and shops, Northeast LA has to offer...

Last Agent to Sell the Property

Laura Epstein

ACME Real Estate License #01911503 Listed on: 05/01/2019

Last Buyer's Agent

Katie Crain

Compass License #01811131

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,311

Year Built

  • Built in 1922

Lot Details

  • 5,654

Interior Spaces

  • 1,274 Sq Ft Home
  • 1-Story Property
  • Freezer
  • Stacked Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking

Additional Features

  • 5,654 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5486-027-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,311

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1274
  • Stories: 1
  • Year Built: 1922
  • Number Of Photos: 50
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Freezer, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 804.55

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Assessed Improvement Value: 150960
  • Assessed Land Value: 603840
  • Assessor Parcel Number: 5486-027-014
  • Geocode Override: No
  • Lot Size Area: 5654

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: two on a lot
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2019
Sold by
Crain Katherine and Kostrzak Christopher
Bought by
Planada Avenue Llc
Current Estimated Value
$1,298,170

Purchase Details

Listed on
May 1, 2019
Closed on
May 30, 2019
Sold by
Bates Samantha and Bates Whited Sabrina
Bought by
Crain Katherine and Kostrzak Christopher
Seller's Agent
Laura Epstein
ACME Real Estate
Buyer's Agent
Katie Crain
Compass
List Price
$1,025,000
Sold Price
$1,012,000
Premium/Discount to List
-$13,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.72%
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 1, 2019
Closed on
May 15, 2019
Sold by
The Hyang S Grabell Revocable Trust
Bought by
Bates Samantha and Bates Whited Sabrina
Seller's Agent
Laura Epstein
ACME Real Estate
Buyer's Agent
Katie Crain
Compass
List Price
$1,025,000
Sold Price
$1,012,000
Premium/Discount to List
-$13,000
-1.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 7, 2015
Closed on
Dec 15, 2015
Sold by
Loc Capital Lp
Bought by
Grabell Hyang S and Hyang S Grabell Revocable Trus
Seller's Agent
Rob Hanson
Realty Source Incorporated
Buyer's Agent
Laura Epstein
ACME Real Estate
List Price
$699,000
Sold Price
$740,000
Premium/Discount to List
$41,000
5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.30%

Purchase Details

Closed on
Aug 12, 2014
Sold by
Bernard Danny C and The Helen G Bernard Revocable
Bought by
Loc Capital Lp

Purchase Details

Closed on
Jun 28, 2010
Sold by
Bernard Helen G
Bought by
The Helen G Bernard Revocable Trust
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 Buyer Sale Price Title Company
Planada Avenue Llc -- None Available
Crain Katherine $1,012,000 Provident Title Company
Bates Samantha -- None Available
Grabell Hyang S $740,000 Lawyers Title
Loc Capital Lp $350,000 Lawyers Title
The Helen G Bernard Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Planada Avenue Llc $723,000
Previous Owner Crain Katherine $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2019 07/02/19 Sold $1,012,000 -1.3% $794 / Sq Ft
05/01/2019 05/01/19 For Sale $1,025,000 +38.5% $805 / Sq Ft
12/24/2015 12/24/15 Sold $740,000 +5.9% $576 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
12/07/2015 12/07/15 For Sale $699,000 -- $544 / 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 $13,311 $1,106,767 $778,674 $328,093
2024 $13,311 $1,085,066 $763,406 $321,660
2023 $13,053 $1,063,791 $748,438 $315,353
2022 $12,444 $1,042,933 $733,763 $309,170
2021 $12,295 $1,022,484 $719,376 $303,108
2020 $12,421 $1,012,000 $712,000 $300,000
2019 $9,497 $785,292 $628,234 $157,058
2018 $9,371 $769,895 $615,916 $153,979
2016 $8,960 $740,000 $592,000 $148,000
2015 $4,313 $350,000 $273,000 $77,000
2014 -- $27,755 $17,576 $10,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 19-461540

The MLS

APN: 5486-027-014