NOT LISTED FOR SALE

Estimated Value: $1,727,000 - $1,898,000

3 Beds
2 Baths
2,334 Sq Ft
$780/Sq Ft Est. Value

Last Sold October 18, 2021

Last sale price $1,692,000 $725 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $11,169/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Main Floor Bedroom
  • City Lights View
  • Wood Flooring
  • Spanish Architecture

About This Home

As of October 2021

In 1923, as California's love affair with Spanish Revival architecture was just blooming, this home emerged on Third Avenue in desirable Wilshire Park, adjacent to upscale Hancock Park. Nearly a century later, now part of an LA Historic Preservation Overlay Zone (HPOZ), its character blends well with life today. Sweeping, shaded front steps rise to a rich wooden door that invites and intrigues. Inside, golden hardwood floors in the living room reflect light from multiple windows. By night, recessed lighting creates a soft ambiance everywhere. Vintage details include cutout windows over the arched kitchen doorway. In the remodeled, skylit kitchen, French doors open to a wide covered patio and a yard filled with fruit trees. Bedrooms are highlighted by a spacious upper-level primary suite with a lavishly tiled skylit bath. A detached garage completes the property. Loving care is both seen and unseen. The home's foundation was raised and central heat and air were installed. Both front and back gardens are drip irrigated for sustainability. Wilshire Park is mid-LA at its most iconic. It's moments from world-class museums like the Los Angeles County Museum of Art (LACMA), the Craft Contemporary, the Hollywood Bowl, and the soon-to-open Academy Museum of Motion Pictures. This Spanish treasure is the ideal base for exploring it all and more.

Last Agent to Sell the Property

John Lee

Avenue 8, Inc. License #02061174 Listed on: 09/01/2021

Avenue 8, Inc.

Last Buyer's Agent

John Lee

Avenue 8, Inc. License #02061174 Listed on: 09/01/2021

Avenue 8, Inc.

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 7,424 Sq Ft Lot
  • Lot Dimensions are 57x130
  • West Facing Home
  • Masonry wall
  • Wood Fence
  • Back and Front Yard
  • Historic Home
  • Property is zoned LAR1

Property Views

  • City Lights
  • Woods

Home Design

  • Spanish Architecture
  • Turnkey
  • Flat Roof Shape

Interior Spaces

  • 2,334 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Skylights in Kitchen
  • Recessed Lighting
  • French Doors
  • Formal Dining Room
  • Den
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Alarm System
  • Security Lights
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Parking

  • 2 Car Detached Garage
  • Driveway
  • Guest Parking

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Location

  • Ground Level Unit
  • City Lot

Utilities

  • Central Heating and Cooling System
  • 220 Volts
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5092-013-007

Home Details

Home Type

Single Family

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Spanish
  • Levels: Ground Level, Two
  • Street Number Display: Yes
  • Living Area: 2334
  • Lot Acreage: 0.1704
  • Lot Dimensions: 57x130
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1923
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Crown Moldings, Turnkey, Recessed Lighting, Open Floor Plan, 220V Throughout
  • Flooring: Hardwood, Tile, Carpet
  • Appliances: Built-In Gas, Oven
  • Bedrooms: 3
  • Fireplaces: 0
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset, Main Floor Bedroom, Multi-Level Bedroom
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub, Remodeled
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Area, Dining Area, Formal Dining Rm
  • Kitchen Features: Corian Counters, Skylight(s)
  • Laundry: Room
  • Total Bathrooms: 2.00
  • Equipment: Alarm System, Dishwasher, Garbage Disposal, Range/Oven
  • Fireplace: No
  • Price Per S Q F T: 683.38
  • Windows: Skylights

Exterior Features

  • Direction Faces: West
  • Other Features: Historical, High Ceilings (9 Feet+), French Doors, Energy Efficient, Rain Gutters
  • Other Structures: None
  • Tennis Court Y/N: No
  • Fence: Masonry, Wood
  • Patio: Covered Porch, Patio Open, Porch
  • Pool: No
  • Roof: Flat
  • Spa Yn: No
  • View: City Lights, Walk Street, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Driveway, Detached, Parking for Guests - Onsite, Driveway - Concrete
  • Total Parking: 2

Utilities

  • Volt 220: 220V Throughout
  • Water Heater: Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Exterior Security Lights, Fire and Smoke Detection System, Prewired for alarm system
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5092-013-007
  • Lot Description: Back Yard, Front Yard
  • Lot Location: City
  • Lot Size Area: 7424

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 11, 2006
Sold by
Lee David D
Bought by
Keenan Donald C
Current Estimated Value
$1,819,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Outstanding Balance
$363,420
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,456,143

Purchase Details

Closed on
Apr 18, 2003
Sold by
Yi Hee Sook
Bought by
Lee David D

Purchase Details

Closed on
May 28, 2002
Sold by
Yi Kiu S
Bought by
Yi Hee Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
6.25%

Purchase Details

Closed on
Apr 25, 2002
Sold by
Sharpe Digby and Sharpe Brenda Lynne
Bought by
Yi Hee Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
6.25%

Purchase Details

Closed on
Jan 20, 1999
Sold by
Sharpe Digby and Sharpe Brenda Lynne
Bought by
Sharpe Digby
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
Keenan Donald C $960,000 Stewart Title Company
Lee David D -- American Title Co
Yi Hee Sook -- United Title Company
Yi Hee Sook $595,000 United Title
Sharpe Digby -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keenan Donald C $620,000
Previous Owner Yi Hee Sook $446,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2021 10/18/21 Sold $1,692,000 +6.1% $725 / Sq Ft
09/17/2021 09/17/21 Pending -- -- --
09/01/2021 09/01/21 For Sale $1,595,000 -5.7% $683 / Sq Ft
08/22/2021 08/22/21 Off Market $1,692,000 -- --
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 $19,844 $1,634,077 $1,162,735 $471,342
2024 $19,632 $1,602,037 $1,139,937 $462,100
2023 $19,254 $1,570,626 $1,117,586 $453,040
2022 $20,135 $1,692,000 $1,353,600 $338,400
2021 $14,276 $1,188,233 $950,593 $237,640
2019 $13,848 $1,152,992 $922,399 $230,593
2018 $13,725 $1,130,385 $904,313 $226,072
2016 $13,120 $1,086,494 $869,199 $217,295
2015 $12,927 $1,070,175 $856,143 $214,032
2014 $9,402 $756,500 $622,500 $134,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-775278

The MLS

APN: 5092-013-007