NOT LISTED FOR SALE

725 Lorraine Blvd Unit B Los Angeles, CA 90005

Miracle Mile Neighborhood

Estimated Value: $1,602,000 - $4,608,219

3 Beds
3 Baths
2,250 Sq Ft
0.26 Acres

Highlights

  • Unit is on the top floor
  • Dual Staircase
  • Breakfast Room
  • City View
  • Spanish Architecture
  • Bathtub with Shower

About This Home

As of January 2019

GORGEOUS 2ND FLOOR FLAT IN VINTAGE SPANISH TRIPLEX. LARGE LIGHT, BRIGHT AND BREEZY EAST/WEST FACING FRONT UNIT WITH LOADS OF CHARACTER. BEAUTIFUL DETAILING THROUGHOUT INCLUDING PEG AND GROOVE HARDWOOD FLOORS IN GENEROUS LIVING ROOM WITH COZY FIREPLACE AND FORMAL DINING ROOM; HIGH BEAMED CEILINGS; ART NICHES; THREE EN-SUITE BEDROOMS; KITCHEN WITH EAT-IN AREA; LAUNDRY RM. PRIVATE FRONT AND BACK ENTRY AND PRIVATE GARAGE. READY TO MOVE IN IMMEDIATELY.

Last Agent to Rent the Property

Joyce Butler

Rodeo Realty License #00927243 Listed on: 11/10/2018

Rodeo Realty

Last Renter's Agent

Subscriber Non

Non-Participant Office License #13252

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,273

Year Built

  • Built in 1928

Lot Details

  • 0.26

Parking

  • 2 Car Garage
  • Driveway

Property Views

  • City
  • Trees

Home Design

  • Spanish Architecture
  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Dual Staircase
  • Formal Entry
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Unit is on the top floor
  • Central Heating

Listing and Financial Details

  • Security Deposit $7,996
  • Tenant pays for electricity, water
  • 12 Month Lease Term
  • Assessor Parcel Number 5090-031-014

Community Details

Overview

  • 3 Units
  • Golden Bee Association
  • Maintained Community

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Service Entrance
  • Rent Control

Condo Details

Home Type

Condominium

Est. Annual Taxes

$21,273

Year Built

Built in 1928

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Rent Control: Yes
  • Security Deposit: 7996
  • Tenant Pays: Electricity, Water

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Style: Spanish
  • Single Family Or Apt: Condo/Apt
  • Levels: Top Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Lease Terms: 1+Year
  • Living Area: 2250
  • Monthto Month: No
  • Planned Urban Dev: 1
  • Probate: No
  • Stories: 1
  • Unit Floor In Building: 2
  • Water Filled Furn Ins Required: No
  • Year Built: 1928
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: 2 Staircases
  • Number Of Remote Controls: 1
  • Fireplace Rooms: Living Room
  • Flooring: Mixed
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Main Floor Master Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Tile
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 0
  • Eating Areas: Breakfast Room, Formal Dining Rm
  • Laundry: In Unit, Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 1.78

Exterior Features

  • Construction: Stucco
  • Tennis Court Y/N: No
  • Exposure: E/W
  • Pool: No
  • View: City, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Driveway - Combination, Garage - 2 Car
  • Total Parking: 2

Utilities

  • Heating: Central

Association/Amenities

  • Amenities: Assoc Maintains Landscape
  • Pet Rules: Call

Condo/Co-op/Association

  • Management Company: GOLDEN BEE
  • Unit Location: FRONT

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5090-031-014
  • Geocode Override: No
  • Lot Size Area: 11242

Multi Family

  • Number Of Units: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2013
Sold by
Luke Sherrill D
Bought by
Luke Sherrill D and Sherrill D Luke Trust
Current Estimated Value
$2,923,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,500
Outstanding Balance
$458,263
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$2,465,143

Purchase Details

Closed on
May 5, 2011
Sold by
Luke Sherrill D
Bought by
Luke Sherrill D and The Sherrill D Luke Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Luke Sherrill David
Bought by
Luke Sherrill D and Sherrill D Luke Trust

Purchase Details

Closed on
Dec 21, 2000
Sold by
Toews Ronald E and Grimes Elizabeth A
Bought by
Luke Sherrill David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Interest Rate
7.12%
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
Luke Sherrill D -- Accommodation
Luke Sherrill D -- Equity Title Los Angeles
Luke Sherrill D -- Accommodation
Luke Sherrill D -- Equity Title Los Angeles
Luke Sherrill D -- None Available
Luke Sherrill David -- Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luke Sherrill D $614,500
Closed Luke Sherrill D $635,000
Previous Owner Luke Sherrill David $682,500
Closed Luke Sherrill David $17,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2019 01/20/19 Rented $3,998 0.0% --
01/09/2019 01/09/19 Price Changed $3,998 -13.0% $2 / Sq Ft
11/10/2018 11/10/18 For Rent $4,595 +14.9% --
11/29/2016 11/29/16 Rented $4,000 0.0% --
10/20/2016 10/20/16 For Rent $4,000 -- --
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 $21,273 $1,732,860 $406,841 $1,326,019
2024 $21,273 $1,698,883 $398,864 $1,300,019
2023 $20,872 $1,665,573 $391,044 $1,274,529
2022 $19,922 $1,632,916 $383,377 $1,249,539
2021 $19,643 $1,600,899 $375,860 $1,225,039
2019 $19,062 $1,553,417 $364,713 $1,188,704
2018 $18,870 $1,522,959 $357,562 $1,165,397
2016 $17,989 $1,463,823 $343,678 $1,120,145
2015 $17,729 $1,441,836 $338,516 $1,103,320
2014 $17,795 $1,413,593 $331,885 $1,081,708
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2019

    Joyce Butler

    Rodeo Realty

    (310) 724-7100

    Joyce Butler
    Section Image

  • S

    Tenant's Agent in 2019

    Subscriber Non

    Non-Participant Office

  • Sally Forster Jones

    Seller's Agent in 2016

    Sally Forster Jones

    Compass

    (310) 341-7238

    2 in this area

    376 Total Sales

    Sally Forster Jones
    Section Image
  • Joshua F. Smith

    Seller Co-Listing Agent in 2016

    Joshua F. Smith

    Compass

    (310) 871-5528

    1 in this area

    62 Total Sales

    Joshua F. Smith
    Section Image
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Map

Source: The MLS

MLS Number: 18-406224

The MLS

APN: 5090-031-014

California Los Angeles County Los Angeles 90005 Miracle Mile

725 Lorraine Blvd Unit B, Los Angeles, CA

This home is located at 725 Lorraine Blvd Unit B, Los Angeles, CA 90005 since 10 November 2018 and is currently priced at $2,923,406. This property was built in 1928. 725 Lorraine Blvd Unit B is a home located in Los Angeles County with nearby schools including Wilshire Park Elementary School, John Burroughs Middle School, and Los Angeles Senior High School.

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