NOT LISTED FOR SALE

663 W 23rd St Los Angeles, CA 90007

University Park Neighborhood

Estimated Value: $1,799,997

10 Beds
8 Baths
4,886 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $1,550,000 $317 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,665/month

15 Days on Market

Highlights

  • Laundry Room
  • 4-minute walk to Lattc/Ortho Institute
  • 4-minute walk to Estrella Park
  • Central Heating and Cooling System
  • Level Lot

About This Home

As of June 2021

We are pleased to present the opportunity to acquire 663 W 23rd St. This property consists of 4,886 square feet of living space and 8,226 square feet of total lot space. This site offers RD1.5 zoning with a tier 4 TOC bonus available. The property is subject to HPOZ review. The property used to function as a bed and breakfast with 10 bedrooms and 8 bathrooms

Located in the coveted USC DPS Zone, the property provides centralized living to USC, Mt. St. Mary's University, Exposition Park, LA Live, and Downtown Los Angeles. Due to the property's conformance to city rental regulations, it may be possible to take advantage of the unique opportunity to lease out rooms as short-term rentals. The rear area of the property is large enough to build a full-sized ADU (allowable under state law AB-68) for additional income.

Buyer to verify the information, broker makes no representations or warranties.

Last Agent to Sell the Property

Dan Lewin

Younglewin Advisors, Inc. License #01932742 Listed on: 04/01/2021

Co-Listed By

Rafael Lopez

Younglewin Advisors, Inc. License #02110724

Last Buyer's Agent

Dan Lewin

Younglewin Advisors, Inc. License #01932742 Listed on: 04/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,461

Year Built

  • Built in 1908

Lot Details

  • 8,266 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • 4,886 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Parking

  • 5 Open Parking Spaces
  • 5 Parking Spaces

Additional Features

  • Laundry Room
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 5124032007

Community Details

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,461

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: LAR4
  • Property Type: Residential Income
  • Parcel Number: 5124032007
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 317.23

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 8266.00
  • Lot Size Acres: 0.1898

Multi Family

  • Lot Size Area: 8266.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 1
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 2244.20
  • Tax Lot: 19
  • Tax Tract Number: .

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 19, 2021
Sold by
Carter Patsy H and The Patsy H Carter Trust
Bought by
Robinson Jim Glen Hepburn and Robinson Janice Callum
Seller's Agent
Dan Lewin
Younglewin Advisors, Inc.
Buyer's Agent
Dan Lewin
Younglewin Advisors, Inc.
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Current Estimated Value
$1,799,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,997
Avg. Annual Appreciation
3.71%
Original Mortgage
$822,375
Outstanding Balance
$752,618
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,047,379

Purchase Details

Closed on
Oct 17, 2013
Sold by
Carter Patsy
Bought by
Carter Patsy H and Patsy H Carter Trust

Purchase Details

Closed on
Aug 2, 1999
Sold by
Vargas Rudolph and Rosine Christina
Bought by
Carter Patsy Humiston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.86%
Mortgage Type
Seller Take Back
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
Robinson Jim Glen Hepburn $1,550,000 Old Republic Title Company
Carter Patsy H -- None Available
Carter Patsy Humiston $210,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Jim Glen Hepburn $822,375
Previous Owner Carter Patsy Humiston $380,000
Previous Owner Carter Patsy H $267,000
Previous Owner Carter Patsy H $30,000
Previous Owner Carter Patsy Humiston $265,000
Previous Owner Carter Patsy Humiston $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $1,550,000 -3.1% $317 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,600,000 -- $327 / 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 $20,461 $1,644,872 $1,087,738 $557,134
2023 $20,073 $1,612,620 $1,066,410 $546,210
2022 $19,153 $1,581,000 $1,045,500 $535,500
2021 $4,525 $333,665 $205,881 $127,784
2020 $4,560 $330,244 $203,770 $126,474
2019 $4,401 $323,770 $199,775 $123,995
2018 $4,308 $317,422 $195,858 $121,564
2016 $4,075 $305,098 $188,253 $116,845
2015 $4,021 $300,515 $185,426 $115,089
2014 $4,055 $294,629 $181,794 $112,835
Source: Public Records

Agents Affiliated with this Home

  • Dan Lewin

    Seller's Agent in 2021

    Dan Lewin

    Younglewin Advisors, Inc.

    (310) 720-7939

    3 in this area

    24 Total Sales

    Dan Lewin
    Section Image

  • R

    Seller Co-Listing Agent in 2021

    Rafael Lopez

    Younglewin Advisors, Inc.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21060156

California Regional Multiple Listing Service (CRMLS)

APN: 5124-032-007

California Los Angeles County Los Angeles 90007 University Park

663 W 23rd St, Los Angeles, CA

This home is located at 663 W 23rd St, Los Angeles, CA 90007 since 01 April 2021 and is currently estimated at $1,799,997, approximately $368 per square foot. This property was built in 1908. 663 W 23rd St is a home located in Los Angeles County with nearby schools including Norwood Street Elementary School, John Adams Middle School, and West Adams Preparatory High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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