$2,699,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $18,209/month

Total Views 274
6 Beds
4 Baths
4,943 Sq Ft
$546 Price per Sq Ft

Highlights

  • Gourmet Kitchen
  • Wood Flooring
  • Bonus Room
  • Third Street Elementary School Rated A
  • Mediterranean Architecture
  • Lawn

About This Home

Seller says SELL!! RARE opportunity to buy a GORGEOUSLY remodeled large duplex in the prime block West of Highland/East of La Brea near great restaurants/shopping! Move in condition! Both have gourmet kitchens open to breakfast areas! Loads of character! 3 bedrooms/2 updated baths each unit! Laundry rooms, Enchanting rear yard! 2 garages (@ 2 spaces). Upstairs has 2 bonus rooms (1 over port cochere & 1 over lower unit's foyer) and 2 balconies. Newer central A/C & heat, fully tenant occupied(upper on month-to-month in June/July). Reduced $300k from being briefly on the market last year--such a deal!! Floorplan in photos.

Listing Agent

Lisa Hutchins

Coldwell Banker Realty License #01018644

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $38,080

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 7,158 Sq Ft Lot
  • West Facing Home
  • Level Lot
  • Lawn
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Mediterranean Architecture

Interior Spaces

  • 4,943 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Crown Molding
  • Decorative Fireplace
  • Bonus Room
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • The owner pays for gardener
  • Assessor Parcel Number 5513-015-004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$38,080

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Mediterranean
  • Levels: Two
  • Street Number Display: Yes
  • Advertising Remarks: Seller says SELL!! RARE opportunity to buy a GORGEOUSLY remodeled large duplex in the prime block West of Highland/East of La Brea near great restaurants/shopping! Move in condition! Both have gourmet kitchens open to breakfast areas! Loads of character! 3 bedrooms/2 updated baths each unit! Laundry rooms, Enchanting rear yard! 2 garages (@ 2 spaces). Upstairs has 2 bonus rooms (1 over port cochere & 1 over lower unit's foyer) and 2 balconies. Newer central A/C & heat, fully tenant occupied(upper on month-to-month in June/July). Reduced $300k from being briefly on the market last year--such a deal!! Floorplan in photos.
  • Alley: No
  • Entry Location: Foyer
  • Living Area: 4943
  • Lot Acreage: 0.1643
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1926
  • Number Of Photos: 56
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Crown Moldings
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Decorative
  • Flooring: Hardwood
  • Bedrooms: 6
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub, Shower Over Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Gourmet Kitchen
  • Laundry: In Unit
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Built-Ins
  • Price Per S Q F T: 546.02

Exterior Features

  • Direction Faces: West
  • Other Structures: Other

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 2
  • Parking Garage: Garage Is Detached
  • Total Parking: 4

Utilities

  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Assessed Improvement Percent: 16.67
  • Assessed Improvement Value: 520200
  • Assessed Land Percent: 83.33
  • Assessed Land Value: 2601000
  • Total Assessed Value: 3121200
  • Assessor Parcel Number: 5513-015-004
  • Lot Description: Back Yard, Front Yard, Lawn, Lot-Level/Flat
  • Lot Size Area: 7158

Rental Info

  • Total Actual Rent: 141600.00
  • Owner Pays: Gardener
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 19.00
  • Number Of Units: 2
  • Rent Control: 100
  • Total Annual Expense: 37000
  • Type Of Units: duplex
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 30000.00

MLS Schools

  • School District: Los Angeles Unified

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $38,080 $3,121,200 $2,601,000 $520,200
2023 $37,340 $3,060,000 $2,550,000 $510,000
2022 $23,184 $1,934,791 $1,515,012 $419,779
2021 $22,885 $1,896,855 $1,485,306 $411,549
2019 $22,202 $1,840,596 $1,441,252 $399,344
2018 $22,050 $1,804,507 $1,412,993 $391,514
2016 $21,065 $1,734,438 $1,358,126 $376,312
2015 $20,757 $1,708,386 $1,337,726 $370,660
2014 $20,823 $1,674,922 $1,311,522 $363,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $2,699,000 -- $546 / Sq Ft
Source: The MLS

Deed History

Date Type Sale Price Title Company
Grant Deed $3,000,000 Lawyers Title
Grant Deed -- None Available
Grant Deed -- Equity Title Company
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Quit Claim Deed -- United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,000,000 New Conventional
Previous Owner $1,300,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,300,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,099,000 New Conventional
Previous Owner $1,162,500 Purchase Money Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $275,000 Unknown
Previous Owner $302,000 No Value Available
Source: Public Records

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Source: The MLS

MLS Number: 25527153

The MLS

APN: 5513-015-004