NOT LISTED FOR SALE

Estimated Value: $895,000 - $3,951,000

3 Beds
2 Baths
1,113 Sq Ft
$2,578/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $1,026,000 $922 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $16,736/month

137 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • STEM Academy at Bernstein High Rated A-

About This Home

As of March 2021

BOM as of 03/27/2021 Attention Developers, Investors Dream Zone!!!! Property is ZONED R3-1XL Per Building and Safety you are able to Build up to 9 units, buyers to verify all information. Centrally located and adjacent to Melrose Hill, Little Armenia and East Hollywood. Minutes from Wilshire Center, Hollywood, Silver Lake, and Downtown Los Angeles. Walking distance to Los Angeles City College. Current home is 3 Bedroom 2 Bath with 1113 Sq Feet of living space and Lot is 7678 Square Feet. Lot Dimensions are 43 Ft Width x 180 Ft Length per public records, buyers are encouraged to verify all information. Property is ready to be DELIVERED immediately.

Last Agent to Sell the Property

Ricardo Lazaro

Park Regency Realty License #01352726 Listed on: 11/09/2020

Park Regency Realty

Last Buyer's Agent

Ricardo Lazaro

Park Regency Realty License #01352726 Listed on: 11/09/2020

Park Regency Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,204

Year Built

  • Built in 1920

Lot Details

  • 7,678 Sq Ft Lot
  • Property is zoned LAR3

Interior Spaces

  • 1,113 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 5537024027

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,204

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: LAR3
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5537024027
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1113.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 921.83
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7678.00
  • Lot Size Acres: 0.1763

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7678.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 1916.20
  • Tax Lot: 55
  • Tax Tract: Romaine Square

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2020
Sold by
Socorro M Medina Living Trust and Medina Socorro M
Bought by
Fox Properties Llc
Current Estimated Value
$2,869,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,409
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2007
Sold by
Castaneda Rafael R
Bought by
Medina Socorro M

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
6.15%
Mortgage Type
Purchase Money Mortgage
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
Fox Properties Llc $1,026,000 Lawyers Title
Medina Socorro M $400,000 Investors Title Company Gln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fox Properties Llc $2,475,000
Closed Fox Properties Llc $200,000
Closed Fox Properties Llc $2,016,226
Closed Fox Properties Llc $1,700,000
Closed Fox Properties Llc $797,409
Previous Owner Fox Properties Llc $797,409
Previous Owner Medina Socorro M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $1,026,000 -14.1% $922 / Sq Ft
03/29/2021 03/29/21 For Sale $1,195,000 0.0% $1,074 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
03/27/2021 03/27/21 For Sale $1,195,000 0.0% $1,074 / Sq Ft
12/03/2020 12/03/20 Pending -- -- --
12/02/2020 12/02/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $1,195,000 +16.5% $1,074 / Sq Ft
11/27/2020 11/27/20 Off Market $1,026,000 -- --
11/09/2020 11/09/20 For Sale $1,195,000 -- $1,074 / 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 $13,204 $1,110,574 $1,110,574 --
2024 $13,204 $1,088,799 $1,088,799 --
2023 $12,945 $1,067,450 $1,067,450 $0
2022 $12,422 $1,046,520 $836,400 $210,120
2021 $6,035 $495,092 $383,700 $111,392
2020 $6,094 $490,016 $379,766 $110,250
2019 $5,855 $480,409 $372,320 $108,089
2018 $5,795 $470,990 $365,020 $105,970
2016 $5,537 $452,703 $350,847 $101,856
2015 $5,457 $445,904 $345,577 $100,327
2014 $5,481 $437,170 $338,808 $98,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20213427

California Regional Multiple Listing Service (CRMLS)

APN: 5537-024-027