NOT LISTED FOR SALE

10331 Ashton Ave Los Angeles, CA 90024

Westwood Neighborhood

Estimated Value: $2,019,000 - $3,061,000

5 Beds
4 Baths
3,639 Sq Ft
$684/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $1,775,000 $488 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,625/month

145 Days on Market

About This Home

As of September 2016

A+ Location - one block south of Wilshire Blvd and one block east of Beverly Glen Blvd. Beautiful fourplex. First time on market in over 20 years. Priced to Sell. All units have a fireplace and a formal dining room.

See Pro Forma, attached.

Last Agent to Sell the Property

Martin Ensbury

Lyon Stahl Investment Real Estate, Inc. License #00815392 Listed on: 03/30/2016

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Martin Ensbury

Lyon Stahl Investment Real Estate, Inc. License #00815392 Listed on: 03/30/2016

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,760

Year Built

  • Built in 1941

Lot Details

  • 5,223 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage

Home Design

  • 3,639 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Urban Location
  • Suburban Location

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 6193
  • Assessor Parcel Number 4327013021

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Electric Expense $114
  • Insurance Expense $3,578
  • Trash Expense $720
  • Water Sewer Expense $858
  • New Taxes Expense $22,350
  • Gross Income $92,328
  • Net Operating Income $57,727

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,760

Year Built

Built in 1941

Lot Details

0

Parking

5

Listing Details

  • CapRate: 3.08
  • Property Attached: No
  • Water Sewer Expenses: 858.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 4327013021
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 487.77

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Storm Drains, Suburban, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Level, Rectangular Lot
  • Lot Size Sq Ft: 5223.00
  • Price Per Lot Square Foot: 358.99

Multi Family

  • Electric Expense: 114.00
  • Gross Income: 92328.00
  • Gross Multiplier: 20.31
  • Gross Scheduled Income: 92328.00
  • Gross Spendable Income: 89553.00
  • Insurance Expense: 3578.00
  • Net Operating Income: 57727.00
  • Number Of Rented Garages: 5
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 4
  • Operating Expense: 31831.00
  • Operating Expense Percent: 35.50
  • Rent Control: Yes
  • Vacancy Allowance: 2770
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 22350.00
  • Tax Lot: 27
  • Tax Tract Number: 6193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2021
Sold by
Shafizadeh Javad and Shafizadeh Mehri
Bought by
Shafizadeh Javad and Shafizadeh Mehri
Current Estimated Value
$2,488,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,600
Outstanding Balance
$987,123
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$1,595,543

Purchase Details

Listed on
Mar 30, 2016
Closed on
Aug 23, 2016
Sold by
Gross Steven Parker and Gross Toni Bannan
Bought by
Shafi Zadeh Javad and Shafi Zaish Mehri
Seller's Agent
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
Buyer's Agent
Martin Ensbury
Lyon Stahl Investment Real Estate, Inc.
List Price
$1,875,000
Sold Price
$1,775,000
Premium/Discount to List
-$100,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.30%
Original Mortgage
$1,153,750
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2006
Sold by
Gross Steven Parker and Gross Toni Bannan
Bought by
Gross Steven Parker and Gross Toni Bannan

Purchase Details

Closed on
Aug 30, 2001
Sold by
Gross Steven Parker and Gross Toni Bannan
Bought by
Gross Steven Parker and Gross Toni Bannan
Source: Public Records

Range of Values:

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Average Value
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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
Shafizadeh Javad -- North American Title Company
Shafi Zadeh Javad $1,775,000 Fidelity National Title
Gross Steven Parker -- None Available
Gross Steven Parker -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafizadeh Javad $1,088,600
Closed Shafi Zadeh Javad $1,144,500
Closed Shafi Zadeh Javad $1,153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $1,775,000 -5.3% $488 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
03/30/2016 03/30/16 For Sale $1,875,000 -- $515 / 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 $24,760 $2,060,037 $1,740,877 $319,160
2024 $24,760 $2,019,645 $1,706,743 $312,902
2023 $24,283 $1,980,045 $1,673,278 $306,767
2022 $23,157 $1,941,221 $1,640,469 $300,752
2021 $22,867 $1,903,158 $1,608,303 $294,855
2020 $23,103 $1,883,644 $1,591,812 $291,832
2019 $22,183 $1,846,710 $1,560,600 $286,110
2018 $22,082 $1,810,500 $1,530,000 $280,500
2016 $13,204 $1,076,458 $819,010 $257,448
2015 $13,013 $1,060,289 $806,708 $253,581
2014 $13,074 $1,039,520 $790,906 $248,614
Source: Public Records

Agents Affiliated with this Home

  • Martin Ensbury

    Seller's Agent in 2016

    Martin Ensbury

    Lyon Stahl Investment Real Estate, Inc.

    (310) 376-4600

    27 Total Sales

    Martin Ensbury
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB16180652

California Regional Multiple Listing Service (CRMLS)

APN: 4327-013-021

California Los Angeles County Los Angeles 90024 Westwood

10331 Ashton Ave, Los Angeles, CA

This home is located at 10331 Ashton Ave, Los Angeles, CA 90024 since 30 March 2016 and is currently estimated at $2,488,970, approximately $683 per square foot. This property was built in 1941. 10331 Ashton Ave is a home located in Los Angeles County with nearby schools including Fairburn Avenue Elementary, Ralph Waldo Emerson Community Charter Middle School, and University High School Charter.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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