NOT LISTED FOR SALE

Estimated Value: $1,706,281 - $2,120,000

2 Beds
2 Baths
1,182 Sq Ft
$1,663/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $1,700,000 $1,438 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,167/month

19 Days on Market

Highlights

  • Art Studio
  • Two Primary Bathrooms
  • Skylights in Kitchen
  • Broadway Elementary Rated A
  • Wood Flooring
  • Front Porch

About This Home

As of August 2020

What you need to know about this wonderful property: Uniquely Positioned on the rear lot line. Side by side two-unit charmer. Each bungalow is a 1 bedroom 1 bath along with a three-car garage that has been converted into an art studio tucked away on a large lot. // What we love most: Secluded on large lot with income potential. // This homes personality is: Vibrant with an artistic flare. // Your favorite room will be: The outdoor space as it provides seclusion and privacy in a relaxing setting surrounded by trees. // Best time of (year/day): Spring and Summer to enjoy the outdoors. // Notable about the neighborhood: Situated close to Abbot Kinney and all the shops/restaurants.

Last Agent to Sell the Property

Tamra Pardee

Pardee Properties License #01421451 Listed on: 06/25/2020

Last Buyer's Agent

Ross Groefsema

Douglas Elliman License #01915056

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1916

Lot Details

  • 5,297 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Bungalow

Interior Spaces

  • 1,182 Sq Ft Home
  • 1-Story Property
  • Skylights in Kitchen
  • Living Room
  • Dining Area
  • Art Studio

Kitchen

  • Oven
  • Range
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Two Primary Bathrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Open Patio
  • Front Porch

Utilities

  • Heating System Mounted To A Wall or Window
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4241-017-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1916

Lot Details

5,297 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Style: California Bungalow
  • Levels: One
  • Street Number Display: Yes
  • Entry Location: Ground Level w/steps
  • Living Area: 1182
  • Stories: 1
  • Year Built: 1916
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dishwasher: 2
  • Number Disposal: 2
  • Flooring: Tile, Wood
  • Appliances: Oven, Range
  • Bedrooms: 2
  • Common Walls: Attached
  • Bathroom Features: 2 Master Baths
  • Kitchen Features: Island, Skylight(s)
  • Laundry: Inside, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Range/Oven, Dryer, Washer, Freezer, Refrigerator, Stackable W/D Hookup, Garbage Disposal
  • Price Per S Q F T: 1264.81
  • Windows: Skylights

Exterior Features

  • Other Structures: Other
  • Tennis Court Y/N: No
  • Patio: Porch - Front, Porch - Rear, Patio Open
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Total Parking: 2

Utilities

  • Heating: Wall
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Street

Lot Info

  • Assessor Parcel Number: 4241-017-019
  • Geocode Override: No
  • Lot Size Area: 5297

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: Duplex

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 12, 2020
Sold by
Mathers Todd and Sobesky Eva
Bought by
Dempsey Chiam Paul Joseph and Dempsey Paul Joseph
Seller's Agent
Tamra Pardee
Pardee Properties
Buyer's Agent
Ross Groefsema
Douglas Elliman
List Price
$1,495,000
Sold Price
$1,700,000
Premium/Discount to List
$205,000
13.71%
Current Estimated Value
$1,965,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,820
Avg. Annual Appreciation
2.64%

Purchase Details

Closed on
May 27, 2017
Sold by
Mathers Todd W and Sobesky Eva I
Bought by
Mathers Todd and Sobesky Eva

Purchase Details

Closed on
Mar 25, 2004
Sold by
Pasquarelli Louis R
Bought by
Mathers Todd W and Sobesky Eva I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
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
Dempsey Chiam Paul Joseph $1,700,000 Stewart Title Of Ca Inc
Mathers Todd -- None Available
Mathers Todd W -- None Available
Mathers Todd W $600,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mathers Todd W $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2020 08/25/20 Sold $1,700,000 +13.7% $1,438 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $1,495,000 -- $1,265 / Sq Ft
Source: The MLS

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 $21,924 $1,840,133 $1,623,648 $216,485
2024 $21,924 $1,804,053 $1,591,812 $212,241
2023 $21,496 $1,768,680 $1,560,600 $208,080
2022 $20,488 $1,734,000 $1,530,000 $204,000
2021 $20,242 $1,700,000 $1,500,000 $200,000
2020 $9,622 $780,015 $754,024 $25,991
2019 $9,239 $764,722 $739,240 $25,482
2018 $9,171 $749,729 $724,746 $24,983
2016 $8,724 $720,618 $696,604 $24,014
2015 $8,596 $709,795 $686,141 $23,654
2014 $8,633 $695,892 $672,701 $23,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-585832

The MLS

APN: 4241-017-019

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