NOT LISTED FOR SALE

Estimated Value: $2,045,000 - $2,840,000

4 Beds
3 Baths
3,565 Sq Ft
$675/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $2,366,694 $664 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $13,431/month

15 Days on Market

Highlights

  • Guest House
  • Craftsman Architecture
  • No HOA
  • City Lights View
  • Wood Flooring
  • Home Office

About This Home

As of September 2021

The LA dream is realized in this exquisite offering, a meticulously restored Craftsman compound in historic Angelino Heights. Presenting two homes on one generous lot, the property provides exceptional beauty and versatility as the rear dwelling can serve as your guest house, workspace or income unit. In the stately main residence of 1913 vintage find beautiful wood flooring, beams and built-ins fronted with leaded glass. Owned by architects, the home has been extensively remodeled fusing these heritage elements with stylish modern design including the kitchen featuring open shelving and pro-grade appliances. Three bedrooms, a library and den provide generous living space, and in the one-bedroom guest house you can expand in myriad ways or garner rental income. Enjoy serene outdoor areas of lush vegetation and fruit-bearing trees, and tax relief courtesy of the Mill Act. Echo Park's happening scene is nearby including Woodcat Coffee, Ostrich Farm, the Friday farmer's market and more.

Last Agent to Sell the Property

Tracy Do

Coldwell Banker Realty License #01350025 Listed on: 08/18/2021

Coldwell Banker Realty

Co-Listed By

Ryan Judd

Compass License #01992275

Last Buyer's Agent

Mary Regal

License #01963054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,562

Year Built

  • Built in 1913

Lot Details

  • 9,004 Sq Ft Lot
  • Property is zoned LARD2

Property Views

  • City Lights
  • Views of a landmark
  • Mountain

Home Design

  • Craftsman Architecture

Interior Spaces

  • 3,565 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Home Office

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5405-018-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,562

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Street Number Display: Yes
  • Living Area: 3565
  • Lot Acreage: 0.2067
  • Stories: 2
  • Year Built: 1913
  • Number Of Photos: 53
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Decorative
  • Flooring: Hardwood, Tile
  • Bedrooms: 4
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 1
  • Family Room: 1
  • Laundry: Room
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher, Range/Oven, Refrigerator, Dryer, Washer
  • Price Per S Q F T: 589.06

Exterior Features

  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: Mountains, Landmark, City, City Lights
  • View: Yes

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 5405-018-002
  • Lot Size Area: 9004

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2021
Closed on
Sep 17, 2021
Sold by
Oller Pejic 2020 Revocable Trust and Pejic Tomislav
Bought by
Bernard Marthe and Mckeown Jesse
Seller's Agent
Tracy Do
Coldwell Banker Realty
Buyer's Agent
Mary Regal
List Price
$2,100,000
Sold Price
$2,366,694
Premium/Discount to List
$266,694
12.7%
Current Estimated Value
$2,405,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,943
Avg. Annual Appreciation
0.40%
Original Mortgage
$1,066,694
Outstanding Balance
$970,612
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,435,025

Purchase Details

Closed on
Sep 29, 2020
Sold by
Oller Monica and Oller Tomislav
Bought by
Oller Pejic 2020 Revocable Trust and Oller

Purchase Details

Closed on
Nov 4, 2005
Sold by
Pejie Ivan and Pejie Ljuba
Bought by
Pejie Tomislav and Oller Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
5.93%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 10, 2004
Sold by
4Pm Llc
Bought by
Pejic Tomislav and Oller Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.57%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 13, 2003
Sold by
Heffernan William and Price Planaria
Bought by
4Pm Llc

Purchase Details

Closed on
Dec 3, 2002
Sold by
Chan John Kyit
Bought by
Heffernan William and Price Planaria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.75%

Purchase Details

Closed on
Nov 27, 2002
Sold by
Chan Debbie Wai Jen
Bought by
Chan John Kyit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.75%
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
Bernard Marthe $2,367,000 Provident Title
Oller Pejic 2020 Revocable Trust -- Porter Emily T
Oller Monica -- Porter Emily T
Pejie Tomislav -- Diversified Title & Escrow S
Pejic Tomislav $580,000 Stewart Title
4Pm Llc -- --
Heffernan William $400,000 Stewart Title
Chan John Kyit -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Marthe $1,066,694
Previous Owner Pejie Tomislav $450,000
Previous Owner Pejic Tomislav $150,000
Previous Owner Heffernan William $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $2,366,694 +12.7% $664 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/18/2021 08/18/21 For Sale $2,100,000 -- $589 / 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 $8,562 $684,420 $479,400 $205,020
2024 $8,562 $671,000 $470,000 $201,000
2023 $8,428 $660,000 $462,000 $198,000
2022 $11,529 $946,000 $662,000 $284,000
2021 $9,216 $750,649 $499,129 $251,520
2020 $8,452 $672,000 $444,000 $228,000
2019 $7,834 $634,000 $418,000 $216,000
2018 $7,832 $628,000 $414,000 $214,000
2016 $6,403 $515,000 $340,000 $175,000
2015 $5,807 $465,000 $307,000 $158,000
2014 $5,764 $450,000 $300,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-772580

The MLS

APN: 5405-018-002