2648 Merced St Los Angeles, CA 90065
Cypress Park Neighborhood
3
Beds
2
Baths
1,136
Sq Ft
4,000
Sq Ft Lot
Highlights
- Primary Bedroom Suite
- View of Hills
- Marble Countertops
- Abraham Lincoln High School Rated A
- Living Room with Fireplace
- 2-minute walk to Cypress Park
About This Home
As of October 2022New from design group Gibson House is this Cypress Park gem reimagined with a timeless rustic aesthetic. This mini compound will inspire you with its old-world elegance and highly sought-after designer finishes. The 1136sf main house includes a gorgeous living room filled with light, hand troweled plaster fireplace with alabaster sconces, and custom built-ins. The remodeled kitchen has been tastefully designed with honed calcatta gold marble, beamed ceiling, and 180-year-old reclaimed barn wood surrounding the Hallman gas range. Three bedrooms with a primary bedroom that connects to a third room which could be a bedroom, office or nursery. Rear dining patio off the kitchen leads to a detached 334sf bonus space with its own entrance, kitchen and bathroom, perfect for a guest house or studio. Entertain friends and enjoy a true California indoor/outdoor lifestyle while surrounded by lush and mature landscaping giving a great feeling of privacy and peacefulness. Gated from the street with a large driveway for off-street parking. Centrally located and close to all the best NELA hot spots including Bub and Grandma's Restaurant, Loquat Coffee, La BEAST Art Gallery, and much more.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,714
Year Built
- Built in 1916
Lot Details
- 4,000 Sq Ft Lot
- Lot Dimensions are 40x100
- Privacy Fence
- Drip System Landscaping
- Property is zoned LAR1
Property Views
- Hills
- Courtyard
Home Design
- Bungalow
- Turnkey
Interior Spaces
- 1,136 Sq Ft Home
- 1-Story Property
- Built-In Features
- Recessed Lighting
- Decorative Fireplace
- Living Room with Fireplace
- Den
Kitchen
- Oven or Range
- Range<<rangeHoodToken>>
- Dishwasher
- Marble Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Remodeled Bathroom
- 2 Full Bathrooms
- <<tubWithShowerToken>>
Laundry
- Laundry Room
- Dryer
Parking
- 1 Parking Space
- Converted Garage
- Driveway
Additional Features
- Open Patio
- Central Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5453-008-025
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 22, 2022
Closed on
Oct 18, 2022
Sold by
Spindel Gibson Naomi
Bought by
Gibson Burke F and Sayyah Isabella Rose
Seller's Agent
Mary Regal
Compass
Buyer's Agent
Joseph Custer
eXp Realty of California Inc
List Price
$1,075,000
Sold Price
$1,270,000
Premium/Discount to List
$195,000
18.14%
Views
12
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$65,356
Avg. Annual Appreciation
-0.83%
Original Mortgage
$1,143,000
Outstanding Balance
$1,106,880
Interest Rate
5.89%
Mortgage Type
Seller Take Back
Estimated Equity
$134,301
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 27, 2022
Sold by
Wynn Gibson Joshua
Bought by
Gibson Naomi Spindel
Seller's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
List Price
$799,900
Sold Price
$875,000
Premium/Discount to List
$75,100
9.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
246.19%
Original Mortgage
$930,750
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 19, 2022
Closed on
Jun 2, 2022
Sold by
Estela Martinez Revocable Trust
Bought by
Gibson Naomi Spindel
Seller's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Kevin Finley
CENTURY 21 CITRUS REALTY INC
List Price
$799,900
Sold Price
$875,000
Premium/Discount to List
$75,100
9.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$930,750
Interest Rate
5.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 7, 2019
Sold by
Martinez Estela
Bought by
Martinez Estela
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
5.37%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Apr 30, 2015
Sold by
Martinez Estela
Bought by
Martinez Estela and Estela Martinez Revocable Trust
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,270,000 | Equity Title | |
| Deed | -- | Fidelity National Title | |
| Grant Deed | $875,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Wfg Title Co Of Ca | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,143,000 | Seller Take Back | |
| Previous Owner | $930,750 | New Conventional | |
| Previous Owner | $877,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $114,500 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/25/2022 10/25/22 | Sold | $1,270,000 | +18.1% | $1,118 / Sq Ft |
| 10/05/2022 10/05/22 | Pending | -- | -- | -- |
| 09/22/2022 09/22/22 | For Sale | $1,075,000 | +22.9% | $946 / Sq Ft |
| 07/06/2022 07/06/22 | Sold | $875,000 | +9.4% | $625 / Sq Ft |
| 05/29/2022 05/29/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $799,900 | -- | $571 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $15,714 | $1,295,400 | $911,064 | $384,336 |
| 2023 | $15,488 | $1,270,000 | $893,200 | $376,800 |
| 2022 | $634 | $40,321 | $25,381 | $14,940 |
| 2021 | $618 | $39,532 | $24,884 | $14,648 |
| 2019 | $599 | $38,361 | $24,147 | $14,214 |
| 2018 | $539 | $37,610 | $23,674 | $13,936 |
| 2016 | $499 | $36,151 | $22,755 | $13,396 |
| 2015 | $492 | $35,609 | $22,414 | $13,195 |
| 2014 | -- | $34,912 | $21,975 | $12,937 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Regal
Seller's Agent in 2022
Mary Regal
Compass
(310) 913-7651
2 in this area
175 Total Sales
-
Kevin Finley
Seller's Agent in 2022
Kevin Finley
CENTURY 21 CITRUS REALTY INC
(626) 343-7706
1 in this area
103 Total Sales
-
Rob Kallick
Seller Co-Listing Agent in 2022
Rob Kallick
Compass
4 in this area
457 Total Sales
-
Joseph Custer
Buyer's Agent in 2022
Joseph Custer
eXp Realty of California Inc
(323) 252-2264
1 in this area
27 Total Sales
Map
Source: The MLS
MLS Number: 22-201515
APN: 5453-008-025
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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