$490,000
SOLD AUG 19, 2024
2 Beds
1 Bath
814 Sq Ft
5,283 Sq Ft Lot

Recently Sold

$602 Per Sq Ft

18% Below List Price

42 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Neighborhood Views
  • Back Yard

About This Home

As of August 2024

Great opportunity in the beautiful City of Los Angeles. This home has two bedrooms one bathroom, and sits on a 5,281 sqft. lot. The home has a two car detached garage in the back that can easily be converted to an ADU. The property is zoned for a second dwelling unit. Live in one home, and rent the other for additional income. This home is only minutes away from the University of Southern California, and the New BMO stadium. Do not let this opportunity pass you by. Call or message me today to schedule an appointment.

Last Agent to Sell the Property

Jose Gutierrez

Berkshire Hathaway Hm Ser Brokerage Email: otjoseg@gmail.com License #02189712 Listed on: 05/10/2024

Berkshire Hathaway Hm Ser

Last Buyer's Agent

Jose Gutierrez

Berkshire Hathaway Hm Ser Brokerage Email: otjoseg@gmail.com License #02189712 Listed on: 05/10/2024

Berkshire Hathaway Hm Ser

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1920

Lot Details

  • 5,283 Sq Ft Lot
  • Back Yard
  • Property is zoned LAR2

Parking

  • 2 Car Garage

Interior Spaces

  • 814 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Exterior Lighting
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 397
  • Tax Tract Number 237600
  • Assessor Parcel Number 6013018024
  • $295 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 562-745-8537
  • Property Attached: No
  • View: Yes
  • Zoning: LAR2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6013018024
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 814.00 Square Feet
  • Stories: 1
  • Entry Location: Ground/1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 601.97
  • Room Type: Kitchen, Laundry, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5283.00
  • Lot Size Acres: 0.1213

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5283.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2376.00
  • Tax Lot: 397
  • Tax Tract Number: 237600
  • TaxOtherAnnualAssessmentAmount: 295.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2024
Closed on
Aug 12, 2024
Sold by
Edward W Townsend Sr Living Trust
Bought by
Somlo Holdings Llc
Seller's Agent
Jose Gutierrez
Berkshire Hathaway Hm Ser
Buyer's Agent
Jose Gutierrez
Berkshire Hathaway Hm Ser
List Price
$600,000
Sold Price
$490,000
Premium/Discount to List
-$110,000
-18.33%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$656,500
Outstanding Balance
$650,346
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$123,309

Purchase Details

Listed on
May 10, 2024
Closed on
Jul 16, 2024
Sold by
Edward W Townsend Sr Living Trust
Bought by
Somlo Holdings Llc
Seller's Agent
Jose Gutierrez
Berkshire Hathaway Hm Ser
Buyer's Agent
Jose Gutierrez
Berkshire Hathaway Hm Ser
List Price
$600,000
Sold Price
$490,000
Premium/Discount to List
-$110,000
-18.33%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,500
Outstanding Balance
$650,346
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$123,309

Purchase Details

Closed on
Dec 30, 2023
Sold by
Townsend Edward W
Bought by
Edward W Townsend Sr Living Trust

Purchase Details

Closed on
Nov 11, 2022
Sold by
Lasso Marta Elena Caicedo
Bought by
Townsend Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.94%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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 $485,000 Orange Coast Title Company
Grant Deed $485,000 Orange Coast Title Company
Quit Claim Deed -- None Listed On Document
Deed -- Wfg National Title
Grant Deed -- Wfg National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $656,500 New Conventional
Closed $656,500 New Conventional
Previous Owner $35,000 New Conventional
Previous Owner $360,500 VA
Previous Owner $351,600 VA
Previous Owner $349,450 VA
Previous Owner $354,710 VA
Previous Owner $339,500 VA
Previous Owner $308,000 Negative Amortization
Previous Owner $304,500 FHA
Previous Owner $274,354 FHA
Previous Owner $220,000 Unknown
Previous Owner $180,000 Unknown
Previous Owner $41,000 Unknown
Previous Owner $128,700 Unknown
Previous Owner $99,900 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 For Sale $1,350,000 +175.5% $488 / Sq Ft
08/19/2024 08/19/24 Sold $490,000 -10.1% $602 / Sq Ft
06/01/2024 06/01/24 Price Changed $545,000 -9.2% $670 / Sq Ft
05/10/2024 05/10/24 For Sale $600,000 -- $737 / 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
2024 $2,220 $167,492 $97,869 $69,623
2023 $2,181 $164,208 $95,950 $68,258
2022 $2,083 $160,989 $94,069 $66,920
2021 $2,048 $157,833 $92,225 $65,608
2019 $1,947 $153,154 $89,491 $63,663
2018 $1,876 $150,152 $87,737 $62,415
2016 $1,788 $144,324 $84,331 $59,993
2015 $1,763 $142,157 $83,065 $59,092
2014 $1,778 $139,373 $81,438 $57,935
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24094779

California Regional Multiple Listing Service (CRMLS)

APN: 6013-018-024