$1,460,000
SOLD AUG 7, 2024
6 Beds
4 Baths
3,096 Sq Ft
7,402 Sq Ft Lot

Recently Sold

$472 Per Sq Ft

8% Below List Price

21 Days on Market

Highlights

  • City Lights View
  • Spanish Architecture
  • Quartz Countertops
  • Dual Staircase
  • Attic
  • Balcony

About This Home

As of August 2024

Gorgeous Classic Side-by-side Spanish Duplex located in central & peaceful Mid-City with owners unit being delivered VACANT! This light bright duplex is in great condition and is truly in the center of Los Angeles and close to all activities, AND is perfect for owner user or as full investment property. This duplex has a heavy character Spanish vibe with beautiful textured exterior and interior walls and Portico archways throughout! OWNERS UNIT is very nicely remodeled with new durable flooring throughout, a stunning new kitchen, newer stainless steel appliances & induction stove/oven and quartz counters tops. All 3 bedrooms are very spacious and all have an abundance of closet space including a few walk-in closets. Large connected Living and Dining Rooms are perfect for entertaining Guests. Both units have their own private 2nd floor outside sun-drenched balcony facing West and Faux Fireplaces. RENTAL UNIT: is well maintained with beautiful hardwood floors, gas appliances, spacious kitchen is ready for a remodel, and again all 3 bedroom are very large. Close proximity to MANY Shops, restaurants, grocery stores, bars and speciality shops! Recently installed main sewer line liner, a few foundation upgrades and has a newer silicone coated roof on main building and 3 garages have newer torch down roof. Entire exterior recently and completely gorgeously painted and front yard has stunning new landscaping. Can possibly add ADU units in large backyard. This is the duplex you will be proud of. Large backyard is also great space for BBQs and for having large parties. Note: Seller is licensed real estate agent. Showing of rental unit only with accepted offer.

Last Agent to Sell the Property

Randy Wright

Christie's International Real Estate SoCal License #01410916

Christie's International Real Estate SoCal

Co-Listed By

Kirby Gillon

Christie's International Real Estate SoCal License #01960253

Last Buyer's Agent

Evan Ferrante

The Agency License #02151154

The Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,337

Year Built

  • Built in 1928 | Remodeled

Lot Details

  • 7,402 Sq Ft Lot
  • East Facing Home
  • Gated Home
  • Back and Front Yard

Parking

  • 3 Car Detached Garage
  • Side by Side Parking
  • Driveway
  • Assigned Parking

Property Views

  • City Lights
  • Mountain
  • Hills

Home Design

  • Spanish Architecture
  • Turnkey
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,096 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Built-In Features
  • Ceiling Fan
  • Recessed Lighting
  • Security Lights
  • Attic

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating
  • Tankless Water Heater
  • Sewer in Street

Additional Features

  • Balcony
  • City Lot

Community Details

  • 2 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for gas, electricity, gardener
  • The owner pays for water
  • Assessor Parcel Number 5083-023-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,337

Year Built

Built in 1928 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Entry Floor: 1
  • Entry Location: Living Room
  • Living Area: 3096
  • Lot Acreage: 0.1699
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1928
  • Number Of Photos: 54
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 2 Staircases, Built-Ins, Common Walls, Recessed Lighting, Turnkey
  • Flooring: Mixed
  • Appliances: Microwave, Oven
  • Bedrooms: 6
  • Bedroom Features: All Bedrooms Up, WalkInCloset
  • Common Walls: Attached
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Quartz Counters, Remodeled, Pantry, Island
  • Laundry: In Unit, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Microwave, Built-Ins, Dryer, Washer, Refrigerator, Range/Oven
  • Price Per S Q F T: 492.73

Exterior Features

  • Direction Faces: East
  • Construction: Stucco
  • Other Features: Balcony
  • Other Structures: Other
  • Patio: Balcony
  • Roof: Composition
  • View: City Lights, City, Hills, Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Other Spaces: 3
  • Covered Parking: 3
  • Garage Structures: 1
  • Parking Garage: Assigned, Detached, Driveway, Garage - 3 Car, Side By Side
  • Total Parking: 6

Utilities

  • Water Heater: Tankless, Multi-Tank
  • Heating: Central
  • Security: Gated
  • Sewer: In Street
  • Water: Public
  • Water Expense: 190.00

Fee Information

  • Maintenance Expense: 300.00

Lot Info

  • Assessed Improvement Percent: 45.14
  • Assessed Improvement Value: 546822
  • Assessed Land Percent: 54.86
  • Assessed Land Value: 664498
  • Total Assessed Value: 1211320
  • Assessor Parcel Number: 5083-023-003
  • Lot Description: 2-4 Lots, Back Yard, Exterior Security Lights, Fenced, Front Yard
  • Lot Location: City
  • Lot Size Area: 7402

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Gardener

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 14.00
  • Number Of Units: 2
  • Total Annual Expense: 490
  • Type Of Units: One Vacant
  • Vacancy Rate: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Off Market $4,250 -- --
09/17/2024 09/17/24 Price Changed $4,250 -2.3% $3 / Sq Ft
09/04/2024 09/04/24 For Rent $4,350 +2.4% --
09/01/2024 09/01/24 For Rent $4,250 0.0% --
08/07/2024 08/07/24 Sold $1,460,000 -4.3% $472 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $1,525,500 -4.4% $493 / Sq Ft
06/14/2024 06/14/24 For Sale $1,595,500 +44.1% $515 / Sq Ft
09/27/2017 09/27/17 Sold $1,107,600 -6.1% $358 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
06/29/2017 06/29/17 For Sale $1,179,000 0.0% $381 / Sq Ft
03/06/2017 03/06/17 Rented $2,795 0.0% --
03/03/2017 03/03/17 Under Contract -- -- --
01/18/2017 01/18/17 For Rent $2,795 0.0% --
09/06/2016 09/06/16 Rented $2,795 0.0% --
08/19/2016 08/19/16 Under Contract -- -- --
06/30/2016 06/30/16 For Rent $2,795 +1.6% --
06/17/2015 06/17/15 Rented $2,750 -3.5% --
06/17/2015 06/17/15 Under Contract -- -- --
04/27/2015 04/27/15 For Rent $2,850 +9.6% --
03/01/2015 03/01/15 Rented $2,600 0.0% --
02/27/2015 02/27/15 Under Contract -- -- --
01/23/2015 01/23/15 For Rent $2,600 -- --
Source: The MLS

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 $15,337 $1,235,545 $677,787 $557,758
2023 $15,046 $1,211,320 $664,498 $546,822
2022 $14,356 $1,187,569 $651,469 $536,100
2021 $14,171 $1,164,285 $638,696 $525,589
2019 $13,751 $1,530,000 $1,020,000 $510,000
2018 $13,498 $1,107,600 $607,600 $500,000
2016 $12,376 $1,014,228 $624,141 $390,087
2015 $12,196 $998,994 $614,766 $384,228
2014 $12,243 $979,426 $602,724 $376,702
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $876,000 New Conventional
Previous Owner $800,000 New Conventional
Previous Owner $360,000 New Conventional
Previous Owner $375,000 New Conventional
Previous Owner $100,000 Unknown
Source: Public Records

Deed History

Date Type Sale Price Title Company
Grant Deed $1,460,000 Wfg National Title
Grant Deed -- --
Grant Deed -- None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $1,108,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed -- None Available
Grant Deed $500,000 Lawyers Title
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Source: Public Records

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Source: The MLS

MLS Number: 24-404385

The MLS

APN: 5083-023-003