NOT LISTED FOR SALE

Estimated Value: $1,170,000 - $1,335,000

5 Beds
3.5 Baths
2,006 Sq Ft
$616/Sq Ft Est. Value

Last Sold March 09, 2023

Last sale price $1,285,000 $641 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,865/month

64 Days on Market

Highlights

  • Wood Flooring
  • Views
  • 4-minute walk to Hoover Recreation Center
  • No HOA
  • Central Heating and Cooling System

About This Home

As of March 2023

A Victorian transitional style with many Craftsman elements, the home has been lovingly restored over the years, interior and exterior, including foundation, roof, exterior siding restoration and paint, new electrical, plumbing, stainless steel kitchen appliances, on-site washer & dryer, brand new bathroom renovations including tiled showers with glass enclosures, and much more. This fully renovated 4 bedroom + 3.5 bathroom + Detached Recreational Room, is ready to move in for any home buyers looking to move into the fast growing area as well as having the dual potential to achieve incredible rents as a USC Student Housing Investment Opportunity. Located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC), the property is approximately 2,006 rentable square feet on a large 7,075 square foot lot. The subject property is comprised of one large 4bd + 3.5 bth home in the front, with an additional rec room in the rear. The home will be delivered vacant, giving any buyer the opportunity to maximize rental income by increasing the number of bedroom/bathroom to accommodate more students. In addition, there's an excellent value-add opportunity to construct and ADU, and further increase cash flow for an owner-user or investor(Buyer to Verify). This is a rapidly growing neighborhood, a true community located in the heart of the USC ecosystem and is minutes away from campus as well as the USC Village, Trader Joe's, City Target and lots of great amenities and restaurants.

Last Agent to Sell the Property

Adam Shamooelian

Keller Williams Beverly Hills License #02116849 Listed on: 01/04/2023

Keller Williams Beverly Hills

Last Buyer's Agent

Mason Shieh

D. Wahl Realty License #02020101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,726

Year Built

  • Built in 1900

Lot Details

  • 7,075 Sq Ft Lot
  • Lot Dimensions are 50x142
  • Property is zoned LARD1.5

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,006 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5124-013-017

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,726

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Living Area: 2006
  • Lot Acreage: 0.1624
  • Lot Dimensions: 50x142
  • Stories: 2
  • Year Built: 1900
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Hardwood
  • Bedrooms: 5
  • Full Bathroom: 3
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 4.00
  • Den: 0
  • Price Per S Q F T: 672.98

Exterior Features

  • Other Structures: Other
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5124-013-017
  • Lot Size Area: 7075

Rental Info

  • Furnished: Furnished Or Unfurnished

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Jan 23, 2023
Sold by
Jose Elmer Cedillos Living Trust
Bought by
Shieh Mason and Wahl Tamara
Seller's Agent
Adam Shamooelian
Keller Williams Beverly Hills
Buyer's Agent
Mason Shieh
D. Wahl Realty
List Price
$1,350,000
Sold Price
$1,285,000
Premium/Discount to List
-$65,000
-4.81%
Views
37
Current Estimated Value
$1,236,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,924
Avg. Annual Appreciation
-1.49%
Original Mortgage
$1,028,000
Outstanding Balance
$898,202
Interest Rate
5.17%
Mortgage Type
New Conventional
Estimated Equity
$337,874

Purchase Details

Closed on
Sep 8, 2018
Sold by
Cedillos Jose Elmer
Bought by
Cedillos Jose Elmer and The Jose Elmer Cedillos Living

Purchase Details

Listed on
May 25, 2013
Closed on
May 20, 2013
Sold by
Ramirez Lilian A
Bought by
Cedillos Jose Elmer
Seller's Agent
Jaime Porras
Century 21 Allstars
Buyer's Agent
Eduardo Lopez
Executive Real Estate Service
List Price
$200,100
Sold Price
$201,000
Premium/Discount to List
$900
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.90%

Purchase Details

Closed on
Feb 23, 2004
Sold by
Ramirez Lilian A and Ramirez Lillian A
Bought by
Ramirez Lilian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 1995
Sold by
Alonso Pilar
Bought by
Ramirez Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.25%
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
Shieh Mason $1,285,000 Old Republic Title
Cedillos Jose Elmer -- None Available
Cedillos Jose Elmer $201,000 Old Republic Title Company
Ramirez Lilian A -- American Coast Title
Ramirez Lillian A -- American Coast Title
Ramirez Ricardo $150,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shieh Mason $1,028,000
Previous Owner Ramirez Lilian A $175,000
Previous Owner Ramirez Ricardo $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/09/2023 03/09/23 Sold $1,285,000 -4.8% $641 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $1,350,000 +571.6% $673 / Sq Ft
06/15/2013 06/15/13 Sold $201,000 0.0% $100 / Sq Ft View Prior Sale
05/25/2013 05/25/13 Off Market $201,000 -- --
05/25/2013 05/25/13 For Sale $200,100 -0.4% $100 / Sq Ft
05/15/2013 05/15/13 Pending -- -- --
03/12/2013 03/12/13 Off Market $201,000 -- --
03/12/2013 03/12/13 For Sale $200,100 -0.4% $100 / Sq Ft
02/12/2013 02/12/13 Off Market $201,000 -- --
02/12/2013 02/12/13 For Sale $210,000 +4.5% $105 / Sq Ft
11/30/2012 11/30/12 Off Market $201,000 -- --
11/30/2012 11/30/12 For Sale $210,000 +4.5% $105 / Sq Ft
11/17/2012 11/17/12 Off Market $201,000 -- --
11/13/2012 11/13/12 For Sale $210,000 -- $105 / 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 $3,726 $276,000 $138,000 $138,000
2024 $3,726 $276,000 $138,000 $138,000
2023 $3,729 $276,000 $138,000 $138,000
2022 $3,603 $273,300 $137,000 $136,300
2021 $3,611 $273,300 $137,000 $136,300
2019 $3,908 $293,000 $147,000 $146,000
2018 $3,834 $293,000 $147,000 $146,000
2016 $5,258 $416,094 $208,047 $208,047
2015 $5,185 $409,844 $204,922 $204,922
2014 $5,210 $401,816 $200,908 $200,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-229323

The MLS

APN: 5124-013-017