NOT LISTED FOR SALE

Estimated Value: $1,167,000 - $1,671,954

2 Beds
2 Baths
2,048 Sq Ft
$645/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $1,065,000 $520 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $8,293/month

230 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Lawn
  • Main Floor Bedroom
  • Corner Lot
  • No HOA

About This Home

As of October 2023

Absolutely classic 1920s Spanish corner-lot duplex with sizable yard. With some work, this property can be restored and given many more years of life. Also a superb development opportunity -- buy and upgrade now, build new later. Large corner lot in the heart of a prime Hollywood neighborhood, SOHO (South Hollywood), in the Media District, between Melrose and Santa Monica Blvd. City states that zoning is LARD1.5, with up to 4 units allowed in a new development. Property is in the 1XL height district (30’ maximum). Buyer to verify all information provided here with city. There are new developments, both completed and under way, on the same block with similar building parameters. Current property has much deferred maintenance, and is anticipated to be sold for land value. Inspection reports and repair estimates are provided as supplements via the MLS. Please be prepared to make any offer strictly “as-is.” Smaller second unit is tenant-occupied, somewhat more updated than vacant owner’s unit. Please do not disturb tenant.

Last Agent to Sell the Property

Dave Fratello

Edge License #01880469 Listed on: 03/01/2023

Last Buyer's Agent

Dave Fratello

Edge License #01880469 Listed on: 03/01/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,186

Year Built

  • Built in 1923

Lot Details

  • 6,350 Sq Ft Lot
  • No Common Walls
  • West Facing Home
  • Wood Fence
  • Chain Link Fence
  • Fence is in poor condition
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Lawn

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Major Repairs Completed
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 2,048 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Phone Available
  • Cable TV Available

Additional Features

  • Patio
  • Suburban Location

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 4427
  • Assessor Parcel Number 5533024019
  • $411 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,186

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: LARD1.5
  • Architectural Style: Spanish
  • Property Condition: Repairs Major
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5533024019
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2048.00 Square Feet
  • Stories: 1
  • Entry Location: June St
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 520.02
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Fence: Yes
  • Fencing: Chain Link, Poor Condition, Wood
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Lawn, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 6350.00
  • Lot Size Acres: 0.1458
  • Latitude Manual: 34.08692500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6350.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 1919.02
  • Tax Lot: 46
  • Tax Tract Number: 4427
  • TaxOtherAnnualAssessmentAmount: 411.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Oct 26, 2023
Sold by
Anastasia Maniskas Living Trust and Maniskas Family Trust
Bought by
Marker Caleb and Marker Stephanie
Seller's Agent
Dave Fratello
Edge
Buyer's Agent
Dave Fratello
Edge
List Price
$1,125,000
Sold Price
$1,065,000
Premium/Discount to List
-$60,000
-5.33%
Views
70
Current Estimated Value
$1,320,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,239
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Apr 13, 2015
Sold by
Maniskas James M
Bought by
Maniskas James Michael and Maniskas Agnes Helen Peter

Purchase Details

Closed on
Jul 18, 2007
Sold by
Maniskas Anastasia and Maniskas Stacy
Bought by
Maniskas Anastasia and Anastasia Maniskas Trust
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
Marker Caleb $1,065,000 Wfg National Title
Maniskas James Michael -- None Available
Maniskas Anastasia -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maniskas James M $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $1,065,000 -5.3% $520 / Sq Ft
10/17/2023 10/17/23 Pending -- -- --
09/26/2023 09/26/23 Price Changed $1,125,000 0.0% $549 / Sq Ft
09/26/2023 09/26/23 For Sale $1,125,000 -6.2% $549 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/05/2023 09/05/23 Price Changed $1,199,000 0.0% $585 / Sq Ft
09/05/2023 09/05/23 For Sale $1,199,000 +12.6% $585 / Sq Ft
07/21/2023 07/21/23 Off Market $1,065,000 -- --
07/21/2023 07/21/23 For Sale $1,449,000 +36.1% $708 / Sq Ft
05/28/2023 05/28/23 Off Market $1,065,000 -- --
04/10/2023 04/10/23 For Sale $1,449,000 +36.1% $708 / Sq Ft
03/28/2023 03/28/23 Off Market $1,065,000 -- --
03/15/2023 03/15/23 Price Changed $1,449,000 -3.3% $708 / Sq Ft
03/01/2023 03/01/23 For Sale $1,499,000 -- $732 / 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 $13,186 $1,086,300 $918,000 $168,300
2024 $13,186 $1,065,000 $900,000 $165,000
2023 $17,540 $1,428,000 $1,326,000 $102,000
2022 $1,320 $84,963 $64,662 $20,301
2021 $1,289 $83,298 $63,395 $19,903
2020 $1,295 $82,444 $62,745 $19,699
2019 $1,257 $80,828 $61,515 $19,313
2018 $1,190 $79,244 $60,309 $18,935
2016 $1,120 $76,168 $57,968 $18,200
2015 $1,107 $75,025 $57,098 $17,927
2014 $1,125 $73,556 $55,980 $17,576
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23033318

California Regional Multiple Listing Service (CRMLS)

APN: 5533-024-019