NOT LISTED FOR SALE

Los Angeles, CA 90034

Palms Neighborhood

Estimated Value: $1,309,000 - $1,800,767

3 Beds
2 Baths
1,896 Sq Ft
$794/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $1,115,000 $588 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $9,068/month

18 Days on Market

Highlights

  • Wood Flooring
  • Spanish Architecture
  • Double Pane Windows
  • Palms Middle School Rated A-
  • Ground Level Unit
  • Ceiling Fan

About This Home

As of June 2023

Lovely Spanish side by side duplex. The building is a 2+1 and a 1 + 1. ONLY the 2 BR onwer occupied will be delivered vacant. There are (2) detached single car garages, each resident uses as storage. No cars can fit in driveway. Dual pane windows and hardwood floors throughout both units. Each unit has a faux fireplace with a mantle. The 2 BR + 1 BA has an updated kitchen with quartz counters, stainless steel appliances. The tenant's unit has a laundry room with side by side W/D. Stove, W/D are newer. The roof of the building and the single car garages - were replaced in approximately summer of 2020, each unit has new hot water heaters approximately installed in 2018 or 2019. Do NOT disturb occupants. Agents and buyers to thoroughly research all aspects of the premises.

Last Agent to Sell the Property

Lori Donahoo

Estate Properties License #00851903 Listed on: 04/08/2023

Last Buyer's Agent

John O'Brien

Nourmand & Associates-BW License #02155454

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 4,661 Sq Ft Lot
  • West Facing Home

Parking

  • 1 Open Parking Space
  • 2 Car Garage
  • Driveway

Home Design

  • Spanish Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,896 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

  • Gas Water Heater
  • Cable TV Available

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Assessor Parcel Number 4252-024-032

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Ground Level
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Building Permit: Yes
  • Entry Floor: 1
  • Living Area: 1896
  • Lot Acreage: 0.1070
  • Stories: 1
  • Year Built: 1932
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • Bedrooms: 3
  • Common Walls: Attached
  • Total Bathrooms: 2.00
  • Equipment: Ceiling Fan, Gas Dryer Hookup, Hood Fan, Cable, Range/Oven, Refrigerator, Washer, Dryer
  • Price Per S Q F T: 677.74
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Other Structures: None
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 1
  • Parking Garage: Driveway
  • Total Parking: 1

Utilities

  • Water Heater: Gas
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: No
  • Assessed Improvement Percent: 21.88
  • Assessed Improvement Value: 118317
  • Assessed Land Percent: 78.12
  • Assessed Land Value: 422491
  • Total Assessed Value: 540808
  • Assessor Parcel Number: 4252-024-032
  • Lot Size Area: 4661

Rental Info

  • Land Lease Type: Fee
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 50
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2023
Closed on
May 2, 2023
Sold by
Lori G Donahoo Living Trust
Bought by
Umberger Reilly Jackson and Pena Ana
Seller's Agent
Lori Donahoo
Estate Properties
Buyer's Agent
John O'Brien
Nourmand & Associates-BW
List Price
$1,285,000
Sold Price
$1,115,000
Premium/Discount to List
-$170,000
-13.23%
Views
178
Current Estimated Value
$1,506,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,192
Avg. Annual Appreciation
12.52%
Original Mortgage
$947,750
Outstanding Balance
$921,588
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$584,604

Purchase Details

Closed on
Dec 14, 2005
Sold by
Donahoo Lori
Bought by
Donahoo Lori G and Lori G Donahoo Living Trust

Purchase Details

Closed on
Dec 17, 2001
Sold by
Joyce Liam James
Bought by
Donahoo Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,800
Interest Rate
8.87%

Purchase Details

Closed on
Nov 26, 1997
Sold by
Fruth Erwin S
Bought by
Joyce Liam James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,750
Interest Rate
8.62%
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
Umberger Reilly Jackson $1,115,000 Progressive Title Company
Donahoo Lori G -- None Available
Donahoo Lori $388,500 Commonwealth Land Title Co
Joyce Liam James -- Commonwealth Land Title Co
Joyce Liam James $197,000 Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Umberger Reilly Jackson $947,750
Previous Owner Donahoo Lori $310,800
Previous Owner Joyce Liam James $147,750
Closed Joyce Liam James $39,400
Closed Donahoo Lori $77,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/09/2023 06/09/23 Sold $1,115,000 -13.2% $588 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/08/2023 04/08/23 For Sale $1,285,000 -- $678 / 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 $13,834 $1,160,046 $754,290 $405,756
2024 $13,834 $1,137,300 $739,500 $397,800
2023 $6,810 $551,623 $430,940 $120,683
2022 $6,498 $540,808 $422,491 $118,317
2021 $6,457 $530,205 $414,207 $115,998
2019 $6,216 $514,480 $401,922 $112,558
2018 $6,137 $504,393 $394,042 $110,351
2016 $5,855 $484,809 $378,742 $106,067
2015 $5,769 $477,527 $373,053 $104,474
2014 $5,798 $468,174 $365,746 $102,428
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2023

    Lori Donahoo

    RE/MAX

  • J

    Buyer's Agent in 2023

    John O'Brien

    Nourmand & Associates-BW

    (310) 300-3333

    1 in this area

    7 Total Sales

    John O'Brien
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Source: The MLS

MLS Number: 23-258003

The MLS

APN: 4252-024-032

California Los Angeles County Los Angeles 90034

Palms

Not Listed for Sale

MultiFamily

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