NOT LISTED FOR SALE

Estimated Value: $653,000 - $765,000

2 Beds
2 Baths
1,200 Sq Ft
$587/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $675,000 $562 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,396/month

40 Days on Market

Highlights

  • No HOA
  • Detached Carport Space
  • 1-Story Property
  • Laundry Room

About This Home

As of October 2024

Charming Spanish bungalow in an emerging neighborhood. Step into the charm and warmth of this well-maintained Spanish Bungalow nestled on a peaceful and neighborly street. This two-bedroom, two-bathroom home exudes character. It has been lovingly cared for, making it a perfect entry into the vibrant and growing area. As you enter, you’re greeted by a spacious formal living room that flows seamlessly into the formal dining area, featuring beautiful, laminated floors that add a touch of modern elegance to the home’s classic design. The decent-sized kitchen is a chef’s delight, offering ample wooden cabinetry, sparkling granite countertops, and plenty of space for meal preparation. A convenient laundry porch is located just off the kitchen, adding to the home’s practicality. The two comfortable bedrooms are filled with natural light, providing a cozy retreat at the end of the day. The bathrooms, while maintaining its vintage charm, is functional and ready for your personal touches. The property boasts a large fenced front yard and a huge backyard, offering endless possibilities for outdoor living. Whether you envision a lush garden, a play area for children, or a serene alfresco dining space, this backyard has the space to make your dreams a reality. The one-car garage provides additional storage and could potentially be converted into an Accessory Dwelling Unit (ADU) – a great opportunity for extra income or guest accommodation. The property also sits on a R3 zoned lot, giving endless possibilities for future development. Located centrally, this home offers easy access to the best of Los Angeles. Just minutes from the new Intuit Dome, SoFi Stadium, USC, and major shopping centers, you’ll never be far from the action. The new bike path and the K-Line, which connects to LAX and DTLA, make commuting a breeze. Don’t miss this opportunity to own a piece of history in a rapidly developing area. This charming bungalow is perfect for first-time buyers, investors, or anyone looking to enjoy the best of Southern California living. Seller will entertain rate buy-down.

Last Agent to Sell the Property

Levon Arzumanyan

The Agency - Studio City Brokerage Phone: 213-414-8088 License #01836944 Listed on: 09/01/2024

The Agency - Studio City

Last Buyer's Agent

Freddy Godinez

Circle Real Estate License #02033904

Circle Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929

Lot Details

  • 3,876 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LAR3

Parking

  • 1 Car Garage
  • Detached Carport Space
  • Parking Available

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 8795
  • Assessor Parcel Number 4006027011
  • $271 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 4006027011
  • Year Built: 1929
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1200.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 562.50
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3876.00
  • Lot Size Acres: 0.0890

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3876.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2352.02
  • Tax Lot: 1
  • Tax Tract Number: 8795
  • TaxOtherAnnualAssessmentAmount: 271.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2024
Closed on
Oct 7, 2024
Sold by
Mukunda Shreyas E and Valvoikar Sulaksha Subray
Bought by
Reyes Miguel Alejandro and Mendez Diana Lizbeth
Seller's Agent
Levon Arzumanyan
The Agency - Studio City
Buyer's Agent
Freddy Godinez
Circle Real Estate
List Price
$699,999
Sold Price
$675,000
Premium/Discount to List
-$24,999
-3.57%
Views
109
Current Estimated Value
$704,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,139
Avg. Annual Appreciation
3.52%
Original Mortgage
$662,774
Outstanding Balance
$655,606
Interest Rate
6.2%
Mortgage Type
FHA
Estimated Equity
$48,533

Purchase Details

Listed on
Nov 25, 2017
Closed on
Jan 4, 2018
Sold by
Cortez Timothy John
Bought by
Dimaculangan Luz
Seller's Agent
Larry Holmes
Larry Holmes, Broker
Buyer's Agent
Gabriella Bauer
Exclusive Listing
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.13%
Original Mortgage
$363,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2017
Sold by
Green House Funding Inc
Bought by
Dimaculangan Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2016
Sold by
Nease George Robert
Bought by
Green House Funding Inc

Purchase Details

Closed on
Aug 30, 2012
Sold by
Nease Eula Faye
Bought by
Nease Eula Faye and Eula Faye Nease Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reyes Miguel Alejandro $675,000 Fidelity National Title
Dimaculangan Luz -- First American Title Company
Dimaculangan Luz $375,000 First American Title Company
Green House Funding Inc $204,000 Fidelity National Title
Nease Eula Faye -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reyes Miguel Alejandro $662,774
Previous Owner Dimaculangan Luz $363,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $675,000 +3.8% $563 / Sq Ft
10/11/2024 10/11/24 Pending -- -- --
09/12/2024 09/12/24 Price Changed $649,999 -7.1% $542 / Sq Ft
09/01/2024 09/01/24 For Sale $699,999 +7.7% $583 / Sq Ft
06/23/2022 06/23/22 For Sale $650,000 -2.4% $644 / Sq Ft
05/24/2022 05/24/22 Sold $666,000 0.0% $660 / Sq Ft View Prior Sale
05/24/2022 05/24/22 Sold $666,000 +2.5% $660 / Sq Ft View Prior Sale
04/19/2022 04/19/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $650,000 -2.4% $644 / Sq Ft
04/14/2022 04/14/22 Off Market $666,000 -- --
01/24/2022 01/24/22 Price Changed $650,000 +8.4% $644 / Sq Ft
12/27/2021 12/27/21 For Sale $599,900 +60.0% $595 / Sq Ft
02/01/2018 02/01/18 Sold $375,000 -1.1% $372 / Sq Ft View Prior Sale
01/02/2018 01/02/18 Pending -- -- --
11/25/2017 11/25/17 For Sale $379,000 -- $376 / 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
2025 $8,581 $675,000 $640,000 $35,000
2024 $8,581 $692,906 $554,325 $138,581
2023 $8,419 $679,320 $543,456 $135,864
2022 $4,876 $402,074 $321,660 $80,414
2021 $4,811 $394,191 $315,353 $78,838
2019 $4,668 $382,500 $306,000 $76,500
2018 $3,203 $249,900 $204,000 $45,900
2016 $601 $33,705 $20,684 $13,021
2015 $595 $33,200 $20,374 $12,826
2014 $608 $32,550 $19,975 $12,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD24181226

California Regional Multiple Listing Service (CRMLS)

APN: 4006-027-011