NOT LISTED FOR SALE

8118 Blackburn Ave Los Angeles, CA 90048

Beverly Grove Neighborhood

Estimated Value: $2,196,000 - $3,545,000

6 Beds
4 Baths
3,764 Sq Ft
$760/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $1,615,000 $429 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $17,494/month

15 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Built-In Features
  • Hancock Park Elementary Rated 9+

About This Home

As of November 2014

BEAUTIFUL AND SPACIOUS SPANISH DUPLEX IN PRIME BEVERLY GROVE! This character rich, light and bright duplex, features grand living rooms with fireplaces, kitchens with separate breakfast rooms, formal dining rooms, bathrooms with period tile and separate laundry rooms. Delightful details of these expansive units include built-ins, archways, French windows and hardwood floors throughout. Upper unit has a bonus private balcony. The garage has been converted into a wonderful art studio and creative space. From each unit, a door leads to the backyard area where you can relax in a sitting garden and enjoy the beautiful landscaping. The long driveway provides plenty of off street parking. Both units will be delivered vacant. With its ideal location on a quiet street, yet in close proximity to the shops and restaurants on Third Street, The Grove, The Farmer's Market and in the Hancock Park Elementary school district, this property is perfect for an owner/user or investor.

Last Agent to Sell the Property

Allison Schwarz

Compass License #01878458 Listed on: 09/17/2014

Compass

Last Buyer's Agent

Julie Peppars

Sotheby's International Realty License #01494190

Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,334

Year Built

  • Built in 1928

Lot Details

  • 6,250

Home Design

  • Duplex
  • Spanish Architecture

Interior Spaces

  • 3,764 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Oven or Range
  • Gas Dryer Hookup

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • Driveway

Additional Features

  • 6,250 Sq Ft Lot
  • Gravity Heating System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5511-036-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,334

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3764
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Hardwood, Tile
  • Bedrooms: 6
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Built-Ins, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Price Per S Q F T: 423.75

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway - Concrete
  • Total Parking: 4

Utilities

  • Heating: Gravity

Lot Info

  • Assessed Improvement Value: 102619
  • Assessed Land Value: 292747
  • Assessor Parcel Number: 5511-036-021
  • Geocode Override: No
  • Lot Size Area: 6250

Multi Family

  • Unit Type: 2106
  • Number Of Units: 2
  • Rent Control: 0
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 100%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2014
Closed on
Oct 20, 2014
Sold by
Stettin Jacob J
Bought by
Banks Jerel Anthony and Banks Indira Cameron
Seller's Agent
Allison Schwarz
Compass
Buyer's Agent
Julie Peppars
Sotheby's International Realty
List Price
$1,595,000
Sold Price
$1,615,000
Premium/Discount to List
$20,000
1.25%
Current Estimated Value
$2,859,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,244,256
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,280,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2011
Sold by
Stettin Jacob J and Stettin Evelyn G
Bought by
Stettin Jacob J and Stettin Evelyn G

Purchase Details

Closed on
Oct 25, 2002
Sold by
Stettin Jacob J and Stettin Evelyn G
Bought by
Stettin Jacob J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.99%

Purchase Details

Closed on
May 31, 2002
Sold by
Stettin Jacob J and Stettin Evelyn G
Bought by
Stettin Jacob J
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
Banks Jerel Anthony $1,615,000 Equity Title
Stettin Jacob J -- None Available
Stettin Jacob J -- None Available
Stettin Jacob J -- First American Title Co
Stettin Jacob J -- First American Title Co
Stettin Jacob J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banks Jerel Anthony $1,131,588
Closed Banks Jerel Anthony $1,280,000
Previous Owner Stettin Jacob J $89,517
Previous Owner Stettin Jacob J $500,000
Previous Owner Stettin Jacob J $250,000
Previous Owner Stettin Jacob J $280,000
Previous Owner Stettin Jacob J $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $1,615,000 +1.3% $429 / Sq Ft
10/02/2014 10/02/14 Pending -- -- --
09/17/2014 09/17/14 For Sale $1,595,000 -- $424 / 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 $23,334 $1,940,981 $810,043 $1,130,938
2024 $23,334 $1,902,923 $794,160 $1,108,763
2023 $22,885 $1,865,612 $778,589 $1,087,023
2022 $21,823 $1,829,032 $763,323 $1,065,709
2021 $21,547 $1,793,169 $748,356 $1,044,813
2019 $20,902 $1,739,984 $726,160 $1,013,824
2018 $20,765 $1,705,868 $711,922 $993,946
2016 $19,848 $1,639,628 $684,278 $955,350
2015 $19,557 $1,615,000 $674,000 $941,000
2014 $5,079 $397,160 $294,076 $103,084
Source: Public Records

Agents Affiliated with this Home

  • Allison Schwarz

    Seller's Agent in 2014

    Allison Schwarz

    Compass

    (310) 433-0056

    43 in this area

    63 Total Sales

    Allison Schwarz
    Section Image

  • J

    Buyer's Agent in 2014

    Julie Peppars

    Sotheby's International Realty

    Section Image
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Map

Source: The MLS

MLS Number: 14-794079

The MLS

APN: 5511-036-021

California Los Angeles County Los Angeles 90048 Beverly Grove

8118 Blackburn Ave, Los Angeles, CA

This home is located at 8118 Blackburn Ave, Los Angeles, CA 90048 since 17 September 2014 and is currently estimated at $2,859,256, approximately $759 per square foot. This property was built in 1928. 8118 Blackburn Ave is a home located in Los Angeles County with nearby schools including Hancock Park Elementary, John Burroughs Middle School, and Fairfax High School.

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