NOT LISTED FOR SALE

1009 N Gardner St West Hollywood, CA 90046

Estimated Value: $1,664,000 - $2,258,000

3 Beds
2 Baths
1,086 Sq Ft
$1,837/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $1,375,000 $1,266 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,537/month

6 Days on Market

About This Home

As of August 2015

Attention Investors! Prime West Hollywood location on a quiet street, just south of the shops and restaurants of Santa Monica Blvd! Currently acting as a duplex with 2 separate structures on 1 lot. Front house is a 2 bedroom, 1 bath, and rear house is a 1 bedroom 1 bath. ZONED WDR3C (West Hollywood's version of "R3"). Since this lot is over 6,600 sqft, you can build up to 7 units! (5 units under normal WEHO regulation, 7 if you receive the density bonus, which is achieved by abiding by the affordable housing guidelines). Interior photos in this listing are of the rear house. Currently both units are tenant occupied, so collect rent while waiting on plans and permits! Do not disturb tenants. Agents see private remarks

Last Agent to Sell the Property

Lee Wasser

Sotheby's International Realty Listed on: 05/01/2015

Last Buyer's Agent

Vlad Gold

Keller Williams Hollywood Hills License #01340166

Keller Williams Hollywood Hills

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,265

Year Built

  • Built in 1921

Lot Details

  • 6,602 Sq Ft Lot

Home Design

  • Duplex

Interior Spaces

  • 1,086 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Auto Driveway Gate
  • Driveway

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5530-019-018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,265

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1086
  • Probate: No
  • Stories: 1
  • Year Built: 1921
  • Number Of Photos: 11
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Price Per S Q F T: 1243.09

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Driveway Gate
  • Total Parking: 4

Lot Info

  • Assessed Improvement Value: 102074
  • Assessed Land Value: 457266
  • Assessor Parcel Number: 5530-019-018
  • Geocode Override: No
  • Lot Size Area: 6602

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 35.68
  • Number Of Units: 2
  • Total Annual Expense: 2400
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2018
Sold by
Moshe Yair Ben
Bought by
1009 Gardner Llc
Current Estimated Value
$1,994,807

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 10, 2018
Sold by
1009 Gardner Llc
Bought by
Moshe Yair Ben and Moshe Nava Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 1, 2015
Closed on
Aug 3, 2015
Sold by
Ohno Midori and The Susumu & Midori Ohno Trust
Bought by
1009 Gardner Llc
Seller's Agent
Lee Wasser
Sotheby's International Realty
Buyer's Agent
Vlad Gold
Keller Williams Hollywood Hills
List Price
$1,349,999
Sold Price
$1,375,000
Premium/Discount to List
$25,001
1.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.88%
Original Mortgage
$900,000
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2015
Sold by
Ohno Midori and The Susumu & Midori Ohno Revoc
Bought by
Ohno Midori and The Susumu & Midori Ohno Revoc

Purchase Details

Closed on
May 24, 2004
Sold by
Ohno Azusa and Ohno Midori
Bought by
Ohno Midori and The Susumu & Midori Ohno Revoc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1009 Gardner Llc -- None Available
Moshe Yair Ben -- Solidifi Us Inc
1009 Gardner Llc $1,375,000 Lawyers Title
Ohno Midori -- Accommodation
Ohno Midori -- Alliance Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Moshe Yair Ben $950,000
Previous Owner 1009 Gardner Llc $900,000
Previous Owner 1009 Gardner Llc $900,000
Previous Owner Ohno Midori $200,400
Previous Owner Ohno Midori $150,000
Previous Owner Ohno Midori $203,500
Previous Owner Ohno Azusa $198,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $1,375,000 +1.9% $1,266 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $1,349,999 -- $1,243 / 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 $20,265 $1,627,713 $1,124,604 $503,109
2024 $20,265 $1,595,798 $1,102,553 $493,245
2023 $19,842 $1,564,509 $1,080,935 $483,574
2022 $18,775 $1,533,834 $1,059,741 $474,093
2021 $18,562 $1,503,760 $1,038,962 $464,798
2020 $18,717 $1,488,342 $1,028,309 $460,033
2019 $17,934 $1,459,160 $1,008,147 $451,013
2018 $17,779 $1,430,550 $988,380 $442,170
2016 $17,043 $1,375,000 $950,000 $425,000
2015 $7,614 $570,515 $466,402 $104,113
2014 $7,615 $559,340 $457,266 $102,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 15-901297

The MLS

APN: 5530-019-018