$625,000
SOLD MAR 1, 2021
3 Beds
1 Bath
936 Sq Ft
6,500 Sq Ft Lot

Recently Sold

$668 Per Sq Ft

7% Above List Price

9 Days on Market

Highlights

  • Updated Kitchen
  • Traditional Architecture
  • Private Yard
  • Open Floorplan
  • Quartz Countertops
  • 3-minute walk to Jesse Owens Park

About This Home

As of March 2021

Beautifully renovated with cove ceilings, new luxury vinyl plank flooring, an updated kitchen and bathroom, new appliances, and updated plumbing and electrical, this Gramercy Park 3-bed house is completely turnkey—and lives surprisingly large for its 936-sq-ft. Enjoy quartz countertops, recessed lighting and bedroom ceiling fans in addition to central AC/heat and soundproofed windows; there’s also a detached 2-car garage within the gated backyard. One of the bedrooms could easily convert to a home office, Zoom school or guest room with its own exit. And bonus: This home comes with approved plans and permits for a 1200-sq-ft, 3-bed, 2-bath house to be built on the large 6500-sq-ft property—an incredible investment opportunity for its next homeowner. Set just blocks from a large park, nearby “The Village at Century” shopping mall, SoFi Stadium and LAX, every convenience is close. Don't miss the chance to purchase a place immediately liveable with so much future potential too!

Last Agent to Sell the Property

Jason Lowery

Compass License #01817345 Listed on: 01/19/2021

Compass

Last Buyer's Agent

Reina Sandoval

COMPASS License #02043223

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,081

Year Built

  • Built in 1925

Lot Details

  • 6,500 Sq Ft Lot
  • Fenced
  • Fence is in excellent condition
  • Private Yard
  • Lawn
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Two Garage Doors

Home Design

  • Traditional Architecture
  • Raised Foundation
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Gas Oven
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 198
  • Tax Tract Number 6048
  • Assessor Parcel Number 6055023030

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,081

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6055023030
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 936.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 667.74
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub, Quartz Counters, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Foundation: Raised
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Excellent Condition
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Yard
  • Lot Size Sq Ft: 6500.00
  • Lot Size Acres: 0.1492

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2380.00
  • Tax Lot: 198
  • Tax Tract Number: 6048

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 20, 2021
Sold by
Phelps Julian
Bought by
Rosales Nancy Y
Seller's Agent
Jason Lowery
Compass
Buyer's Agent
Reina Sandoval
COMPASS
List Price
$585,000
Sold Price
$625,000
Premium/Discount to List
$40,000
6.84%
Current Estimated Value
$729,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,467
Avg. Annual Appreciation
3.50%
Original Mortgage
$593,750
Outstanding Balance
$532,255
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$197,212

Purchase Details

Closed on
Nov 25, 2020
Sold by
Phelps Julian
Bought by
M And Z Investments Llc

Purchase Details

Closed on
Jun 23, 2020
Sold by
M And Z Investments Llc
Bought by
Phelps Julian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2020
Closed on
Jan 31, 2020
Sold by
Houston Cunie and Houston Curie
Bought by
M & Z Investments Llc
Seller's Agent
Daniel Howard
Compass
Buyer's Agent
Daniel Howard
Real Estate Broker Services
List Price
$459,000
Sold Price
$490,000
Premium/Discount to List
$31,000
6.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%

Purchase Details

Closed on
Feb 3, 2017
Sold by
Tinsley Dalana
Bought by
Houston Curie

Purchase Details

Closed on
Feb 9, 2007
Sold by
Tanner Sandra Jewell and Tanner Carolyn
Bought by
Tinsley Dalana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.13%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 24, 2005
Sold by
Tanner James
Bought by
James Tanner Living Trust
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $625,000 Lawyers Title
Quit Claim Deed -- None Available
Grant Deed -- Wfg National Title Co Of Ca
Grant Deed $490,000 Chicago Title Company
Quit Claim Deed -- None Available
Grant Deed $300,000 Progressive Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $593,750 New Conventional
Previous Owner $245,000 New Conventional
Previous Owner $315,000 Negative Amortization
Previous Owner $60,000 Stand Alone Second
Previous Owner $240,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $625,000 0.0% $668 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/28/2021 01/28/21 Off Market $625,000 -- --
01/19/2021 01/19/21 For Sale $585,000 +19.4% $625 / Sq Ft
03/06/2020 03/06/20 Sold $490,000 +6.8% $524 / Sq Ft
01/28/2020 01/28/20 Pending -- -- --
01/19/2020 01/19/20 For Sale $459,000 -- $490 / 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 $8,081 $664,020 $531,420 $132,600
2024 $8,081 $651,000 $521,000 $130,000
2023 $7,990 $650,250 $520,200 $130,050
2022 $7,623 $637,500 $510,000 $127,500
2021 $6,083 $495,076 $396,061 $99,015
2020 $5,102 $403,258 $318,362 $84,896
2019 $4,905 $395,352 $312,120 $83,232
2018 $4,829 $387,600 $306,000 $81,600
2016 $4,196 $337,000 $281,000 $56,000
2015 $3,684 $294,000 $245,000 $49,000
2014 $3,776 $294,000 $245,000 $49,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21011267

California Regional Multiple Listing Service (CRMLS)

APN: 6055-023-030