NOT LISTED FOR SALE

Estimated Value: $1,940,000 - $2,594,280

4 Beds
3 Baths
3,100 Sq Ft
$690/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $1,843,000 $595 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $13,267/month

83 Days on Market

Highlights

  • Tennis Courts
  • RV Access or Parking
  • French Architecture
  • Carthay Center Elementary School Rated 9+
  • Living Room with Fireplace
  • Crown Molding

About This Home

As of May 2023

EXCEPTIONAL INVESTMENT OPPORTUNITY. Location, location, location. Beautiful French Normandy duplex located in the Beverly Hills adjacent area.Walking distance to shopping and restaurants. The expansive 7,400 square foot lot provides a luscious backyard with a mature citrus tree, a perfect space for quiet nights or outdoor entertaining. Rare semi-private alley access, and 2 garages that can fit up to 3 cars plus a carport that can fit an RV. The lower unit has 2 bedrooms and 1 bath and the upper unit has 2 bedrooms and 2 bathrooms. The property is well-suited to add up to two ADUs (buyer to verify). Seller has invested in substantial building upgrades in the past few years while retaining the original charm of the house. Each room has been meticulously decorated. Large windows, easy-maintenance vinyl flooring, and plenty of storage throughout the unit. The kitchen is equipped with stainless steel appliances. This is a turn-key property ready for it's next owner. This property is part of the South Cathay HPOZ.

Last Agent to Sell the Property

Vito Teruna

Kape Property Management, Inc. License #02132088 Listed on: 01/10/2023

Co-Listed By

Noam Srolovitz

Kape Property Management, Inc. License #02069623

Last Buyer's Agent

Vito Teruna

Kape Property Management, Inc. License #02132088 Listed on: 01/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,996

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 7,429 Sq Ft Lot
  • East Facing Home
  • Sprinkler System
  • Historic Home
  • Property is zoned LAR2

Parking

  • 1 Open Parking Space
  • 3 Car Garage
  • 1 Detached Carport Space
  • RV Access or Parking

Home Design

  • French Architecture
  • Turnkey

Interior Spaces

  • 3,100 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Blinds
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Convection Oven
  • Gas Oven
  • Microwave
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Converted Bedroom
  • 3 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Outdoor Features

  • Tennis Courts
  • Basketball Court

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Property is located within a water district
  • Water Heater
  • Sewer in Street
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5087-001-004

Community Details

Overview

Building Details

  • Rent Control

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,996

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Style: French Normandy
  • Levels: Two
  • Street Number Display: Yes
  • ADA Compliant: No
  • Alley: Yes
  • Living Area: 3100
  • Lot Acreage: 0.1706
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1936
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Interior Amenities: Crown Moldings, Recessed Lighting, Turnkey
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Flooring: Mixed, Vinyl
  • Appliances: Gas, Microwave, Oven-Gas, Convection Oven
  • Bedrooms: 4
  • Bedroom Features: Master Bedroom, Converted Bedroom
  • Common Walls: Detached/No Common Walls
  • Bathroom Features: Shower and Tub
  • Kitchen Features: Counter Top
  • Laundry: Inside, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Freezer, Range/Oven, Refrigerator, Microwave, Dryer, Ceiling Fan, Washer
  • Price Per S Q F T: 641.94
  • Windows: Window Blinds

Exterior Features

  • Direction Faces: East
  • Other Features: Historical
  • Other Structures: Other
  • Tennis Court: Basketball
  • Tennis Court Y/N: Yes
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Carport Spaces: 1
  • Garage Spaces: 3
  • Other Spaces: 1
  • Covered Parking: 3
  • Garage Structures: 2
  • Parking Garage: Carport Detached, Garage - 3 Car, Carport, RV Access
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Water District: Los Angeles
  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Wall/Window, Central
  • Heating: Central
  • Security: Smoke Detector, Prewired for alarm system
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Additions Alterations: Yes
  • Assessed Improvement Percent: 29.89
  • Assessed Improvement Value: 463497
  • Assessed Land Percent: 70.11
  • Assessed Land Value: 1087247
  • Total Assessed Value: 1550744
  • Assessor Parcel Number: 5087-001-004
  • Lot Size Area: 7429

Rental Info

  • Number Leased: 2
  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Apr 24, 2023
Sold by
Valant Llc
Bought by
Ardestani David and Akshlomo Jennifer Mazal
Seller's Agent
Vito Teruna
Kape Property Management, Inc.
Buyer's Agent
Vito Teruna
Kape Property Management, Inc.
List Price
$1,990,000
Sold Price
$1,843,000
Premium/Discount to List
-$147,000
-7.39%
Views
105
Current Estimated Value
$2,138,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,820
Avg. Annual Appreciation
6.26%
Original Mortgage
$1,474,400
Outstanding Balance
$1,432,055
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$706,765

Purchase Details

Closed on
Jan 3, 2022
Sold by
Moet Fawaz
Bought by
Valant Llc

Purchase Details

Listed on
Jun 13, 2019
Closed on
Jul 26, 2019
Sold by
Hirsch Albert S and Albert S Hirsch Revocable Trus
Bought by
Fawaz Moet
Seller's Agent
Rachel Hsieh
Keller Williams Realty Los Feliz
Buyer's Agent
Natalia Gold
Gold Group Realty, Inc.
List Price
$1,599,000
Sold Price
$1,504,750
Premium/Discount to List
-$94,250
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.87%
Original Mortgage
$1,128,500
Interest Rate
6.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 19, 2016
Sold by
Hirsch Albert S
Bought by
Hirsch Albert S and Albert S Hirsch Revocable Trus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 3, 2014
Sold by
Hirsch Albert S and Hirsch Helyn M
Bought by
The Jack Hirsch & Helyn M Hirsch Revocab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 2, 2014
Sold by
Hirsch Helyn M and Hirsch Albert S
Bought by
Hirsch Albert S and Hirsch Helyn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$610,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 28, 2013
Sold by
Hirsch Helyn M and Hirsch Albert S
Bought by
Hirsch Helyn M and Hirsch Albert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2013
Sold by
Hirsch Helyn M and Hirsch Albert S
Bought by
Hirsch Helyn M and Hirsch Albert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2012
Sold by
Hirsch Helyn M and Hirsch Albert S
Bought by
Hirsch Helyn M and Hirsch Albert S

Purchase Details

Closed on
Apr 13, 2012
Sold by
Hirsch Helyn M and Hirsch Albert S
Bought by
Hirsch Helyn M and Hirsch Albert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2011
Sold by
Hirsch Helyn M and Hirsch Albert S
Bought by
Hirsch Helyn M and Hirsch Albert S

Purchase Details

Closed on
Sep 2, 2009
Sold by
Hirsch Albert S and Hirsch Helyn M
Bought by
Hirsch Helyn M and Hirsch Albert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2000
Sold by
Hirsch Jack and Hirsch Helyn M
Bought by
Hirsch Jack and Hirsch Helyn M
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
Ardestani David $1,843,000 Chicago Title
Valant Llc -- Accommodation/Courtesy Recordi
Fawaz Moet $1,505,000 Fidelity National Title
Hirsch Albert S -- Title 365
Hirsch Albert S -- Title 365
The Jack Hirsch & Helyn M Hirsch Revocab -- Provident Title Company
Hirsch Albert S -- Provident Title Company
Hirsch Helyn M -- Provident Title Company
Hirsch Helyn M -- Provident Title Company
Hirsch Helyn M -- Accommodation
Hirsch Helyn M -- Equity Title Company
Hirsch Helyn M -- None Available
Hirsch Helyn M -- Lsi
Hirsch Helyn M -- None Available
Hirsch Helyn M -- Equity Title Company
Hirsch Albert S -- Equity Title Company
Hirsch Jack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ardestani David $1,474,400
Previous Owner Fawaz Moet $1,128,500
Previous Owner Hirsch Albert S $625,500
Previous Owner Hirsch Albert S $610,000
Previous Owner Hirsch Helyn M $500,000
Previous Owner Hirsch Helyn M $350,000
Previous Owner Hirsch Helyn M $320,000
Previous Owner Hirsch Albert S $205,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2023 05/05/23 Sold $1,843,000 -7.4% $595 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $1,990,000 +32.2% $642 / Sq Ft
08/21/2019 08/21/19 Sold $1,504,750 -5.9% $485 / Sq Ft View Prior Sale
08/02/2019 08/02/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $1,599,000 -- $516 / 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 $22,996 $1,917,457 $1,147,561 $769,896
2024 $22,996 $1,879,860 $1,125,060 $754,800
2023 $20,022 $1,632,000 $1,142,400 $489,600
2022 $18,519 $1,550,744 $1,087,247 $463,497
2021 $18,286 $1,520,338 $1,065,929 $454,409
2019 $1,485 $91,154 $47,008 $44,146
2018 $1,402 $89,368 $46,087 $43,281
2016 $1,227 $85,900 $44,299 $41,601
2015 $1,212 $84,611 $43,634 $40,977
2014 $1,231 $82,955 $42,780 $40,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-232271

The MLS

APN: 5087-001-004