NOT LISTED FOR SALE

Estimated Value: $4,161,000 - $4,300,000

2 Beds
1 Bath
4,880 Sq Ft
$867/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $3,523,500 $722 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $26,925/month

33 Days on Market

Highlights

  • Corner Lot
  • Laundry Room
  • 3-minute walk to Kings Road Park

About This Home

As of October 2021

Desirable Beverly Grove fourplex. Corner lot. Adjacent property next door at 1006 N. Croft also for sale for $2,150,000 as well as entire Trust Portfolio of six buildings for $12,820,000 consisting of 1000 & 1006 Croft, 5734 & 5740 Fountain, 1236 S. Cloverdale and 1201 S. La Cienega.

Last Agent to Sell the Property

Larry Bovshow

Trust Properties USA,Inc License #00768672 Listed on: 06/23/2021

Co-Listed By

Paul Hargraves

Trust Properties USA,Inc License #01122415

Last Buyer's Agent

Larry Bovshow

Trust Properties USA,Inc License #00768672 Listed on: 06/23/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $53,676

Year Built

  • Built in 1924

Lot Details

  • 6,502 Sq Ft Lot
  • No Common Walls
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • 4,880 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 95
  • Tax Tract Number 5191
  • Assessor Parcel Number 5529001020

Community Details

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gross Income $103,965

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Apartment

Est. Annual Taxes

$53,676

Year Built

Built in 1924

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: LAR3
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5529001020
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 722.03

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6502.00
  • Lot Size Acres: 0.1493

Multi Family

  • Gross Income: 103965.00
  • Gross Scheduled Income: 168000.00
  • Lot Size Area: 6502.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Rent Control: Yes

Tax Info

  • Tax Census Tract: 1944.02
  • Tax Lot: 95
  • Tax Tract Number: 5191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Next Century Power Llc
Bought by
Seeds Croft Llc
Current Estimated Value
$4,230,500

Purchase Details

Listed on
Jun 23, 2021
Closed on
Sep 14, 2021
Sold by
Karubian Properties Llc
Bought by
Next Century Power Llc and E D Flores Llc
Seller's Agent
Larry Bovshow
Trust Properties USA,Inc
Buyer's Agent
Larry Bovshow
Trust Properties USA,Inc
List Price
$3,350,000
Sold Price
$3,523,500
Premium/Discount to List
$173,500
5.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.12%
Original Mortgage
$9,500,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2019
Sold by
Karubian Houri and Karubian Living Survivor S Tru
Bought by
Karubian Properties Llc

Purchase Details

Closed on
May 17, 2017
Sold by
Karubian Properties Llc
Bought by
Karubian Houri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$815,650
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2016
Sold by
Karubian Houri
Bought by
Karubian Properties Llc

Purchase Details

Closed on
May 14, 1999
Sold by
Karubian Cyrus
Bought by
Karubian Cyrus and Karubian Houri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.94%
Mortgage Type
Unknown

Purchase Details

Closed on
May 7, 1991
Sold by
Karubian Cyrus
Bought by
Karubian Cyrus and Karubian Houri
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seeds Croft Llc $10,000,000 Old Republic Title
Next Century Power Llc $6,075,000 North American Title
Karubian Properties Llc -- Accommodation
Karubian Living Survior S Trust -- Accommodation
Karubian Houri -- Provident Title Company
Karubian Properties Llc -- Accommodation
Karubian Houri -- Accommodation
Karubian Cyrus -- Gateway Title Company
Karubian Cyrus -- Gateway Title Company
Karubian Cyrus -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seeds Croft Llc $3,800,000
Previous Owner Next Century Power Llc $9,500,000
Previous Owner Karubian Houri $815,650
Previous Owner Karubian Cyrus $158,000
Previous Owner Karubian Cyrus $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2021 10/14/21 Sold $3,523,500 0.0% $722 / Sq Ft
09/10/2021 09/10/21 Off Market $3,523,500 -- --
09/10/2021 09/10/21 For Sale $3,350,000 -4.9% $686 / Sq Ft
07/26/2021 07/26/21 Pending -- -- --
07/07/2021 07/07/21 Off Market $3,523,500 -- --
06/23/2021 06/23/21 For Sale $3,350,000 -- $686 / 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 $53,676 $4,510,133 $2,971,382 $1,538,751
2024 $53,676 $4,421,700 $2,913,120 $1,508,580
2023 $52,627 $4,335,000 $2,856,000 $1,479,000
2022 $41,696 $3,523,500 $2,820,000 $703,500
2021 $2,417 $155,552 $77,208 $78,344
2020 $2,431 $153,958 $76,417 $77,541
2019 $25,605 $2,130,739 $1,872,720 $258,019
2018 $2,289 $147,981 $73,450 $74,531
2016 $2,141 $142,237 $70,599 $71,638
2015 $2,116 $140,101 $69,539 $70,562
2014 $2,152 $137,357 $68,177 $69,180
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21136686

California Regional Multiple Listing Service (CRMLS)

APN: 5529-001-020