NOT LISTED FOR SALE

Estimated Value: $697,000 - $2,474,000

4 Beds
2.5 Baths
1,690 Sq Ft
$720/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $565,000 $334 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $6,915/month

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Living Room

About This Home

As of September 2023

Lovely single-family home in The Heart of Los Angeles, this is your opportunity for a perfect fixer-upper to make it your own and an Excellent Investment Opportunity! This property welcomes you with a spacious living room, dining room area and a lovely sized kitchen to enjoy along with a connecting hallway, which is currently closed and can be reopened if needed, which provides privacy to the posterior section of the home. The front portion of the home features 2 favorable sized bedrooms along with 1 full bath and a half bath. The open and inviting living room welcomes you with lots of natural light and a generous amount of space for gatherings at the dinner table. The rear portion of the home has its own private entry and provides 2 exceptional sized rooms with 1 full bathroom perfect for more privacy or potential rental opportunity. In addition, the lot size on this property has a considerable amount of space used for parking and gatherings. Conveniently located near 110/10 freeways with plenty of restaurants and shopping centers nearby. Only minutes to Downtown Los Angeles, Crypto Center, Natural History Museum and many more! Come bring your imagination and see the possibilities this home has to offer! SQFT not taped Buyer to verify.

Last Agent to Sell the Property

Lina Chu

Cornerstone Realty Group License #01431278 Listed on: 08/08/2023

Co-Listed By

ARNEL REYES

COLDWELL BANKER LEADERS License #01977209

Last Buyer's Agent

Dennis Lo

Gainspot Inc. License #01823002

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1904

Lot Details

  • 6,750 Sq Ft Lot
  • Flag Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,690 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • Parking Available
  • Driveway

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 6659
  • Assessor Parcel Number 5103017006
  • $85 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5103017006
  • Year Built: 1904
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1690.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 334.32
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Land Lease: No
  • Lot Features: Flag Lot
  • Lot Size Sq Ft: 6750.00
  • Lot Size Acres: 0.1550

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6750.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 38
  • Tax Tract Number: 6659
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2025
Sold by
Next Generation Investments Llc
Bought by
Alvarado Hector
Current Estimated Value
$1,217,537

Purchase Details

Listed on
Aug 8, 2023
Closed on
Sep 20, 2023
Sold by
Gloria De Leon 2020 Trust
Bought by
Next Generation Investments Ll
Seller's Agent
Lina Chu
Cornerstone Realty Group
Buyer's Agent
Dennis Lo
Gainspot Inc.
List Price
$550,000
Sold Price
$565,000
Premium/Discount to List
$15,000
2.73%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.83%
Original Mortgage
$452,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alvarado Hector -- Fidelity National Title
Next Generation Investments Ll $565,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Next Generation Investments Ll $452,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $565,000 +2.7% $334 / Sq Ft
09/01/2023 09/01/23 For Sale $550,000 0.0% $325 / Sq Ft
08/20/2023 08/20/23 For Sale $550,000 -- $325 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
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 $7,116 $576,300 $461,040 $115,260
2024 $7,116 $565,000 $452,000 $113,000
2023 $3,862 $300,816 $156,015 $144,801
2022 $3,687 $294,918 $152,956 $141,962
2021 $3,634 $289,136 $149,957 $139,179
2020 $3,666 $286,172 $148,420 $137,752
2019 $3,528 $280,561 $145,510 $135,051
2018 $3,447 $275,060 $142,657 $132,403
2016 $3,279 $264,380 $137,118 $127,262
2015 $3,232 $260,410 $135,059 $125,351
2014 $3,249 $255,310 $132,414 $122,896
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23145588

California Regional Multiple Listing Service (CRMLS)

APN: 5103-017-006