NOT LISTED FOR SALE

Estimated Value: $2,634,000 - $3,755,027

6 Beds
5.5 Baths
5,137 Sq Ft
$602/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $2,950,000 $574 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $19,394/month

37 Days on Market

Highlights

  • Gourmet Galley Kitchen
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • Third Street Elementary School Rated A
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of January 2022

Stately, large, charming and beautifully renovated Hancock Park Mediterranean duplex, with two 3 bedroom 3 bath units ( first floor 3rd bedroom is a full studio apartment), an elevator, four fireplaces and a fire escape from the second floor. The rear studio apartment could be used as a separate in-law unit, maid's quarters, or a rental with city approvals. A recent renovation of the building was executed carefully with permits, including plumbing, electrical, and earthquake retrofitting, and the outside of the entire building was very recently painted. The downstairs unit was designed for aging in place with wheelchair-sized doorways, elevator access to the driveway and second floor as well as additional unique features in the kitchen. Wherever possible, the building's original 1925 details were restored. The kitchens and bathrooms in both units were aesthetically remodeled. The driveway has a new wrought iron electric gate for privacy. The home is located on a beautiful tree-lined street near the Grove and close to restaurants, stores and markets on La Brea. Please do not disturb occupants.

Last Agent to Sell the Property

Rosanne Howard

Sotheby's International Realty License #00450284 Listed on: 11/11/2021

Sotheby's International Realty

Co-Listed By

Tanya Stawski

Sotheby's International Realty License #01918308

Last Buyer's Agent

Bobby Zarrin

The Zarrin Group License #01091565

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $37,450

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 7,156 Sq Ft Lot
  • West Facing Home
  • Fenced Yard
  • Gated Home
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Auto Driveway Gate
  • Driveway
  • Controlled Entrance

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 5,137 Sq Ft Home
  • Elevator
  • Built-In Features
  • Blinds
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Library with Fireplace

Kitchen

  • Gourmet Galley Kitchen
  • Breakfast Area or Nook
  • Double Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Powder Room
  • In-Law or Guest Suite
  • 5.5 Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Shower Only
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Rain Gutters

Location

  • City Lot

Utilities

  • Forced Air Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5513-015-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$37,450

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary Mediterranean
  • Street Number Display: Yes
  • Building Permit: Yes
  • Living Area: 5137
  • Lot Acreage: 0.1643
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Interior Amenities: Turnkey, Elevator
  • Fireplace Rooms: Living Room, Library, Dining, Den, Kitchen, Master Bedroom
  • Flooring: Hardwood, Tile
  • Appliances: Warmer Oven Drawer, Range, Oven, Microwave, Cooktop - Gas, Built-In Gas, Built-Ins, Double Oven
  • Bedrooms: 6
  • Bedroom Features: Master Bedroom, WalkInCloset
  • Bathroom Features: Shower and Tub, Tile, Dual Entry (Jack & Jill) Bath, Linen Closet, Low Flow Toilet(s), Shower Stall, Powder Room
  • Kitchen Features: Pantry, Island, Counter Top, Galley Kitchen, Gourmet Kitchen, Granite Counters, Stone Counters
  • Laundry: Inside, In Unit, Laundry Area
  • Total Bathrooms: 5.50
  • Equipment: Garbage Disposal, Elevator, Dishwasher, Refrigerator, Range/Oven, Washer, Dryer, Microwave, Built-Ins
  • Price Per S Q F T: 574.27
  • Windows: Window Blinds

Exterior Features

  • Direction Faces: West
  • Other Features: Balcony, Rain Gutters
  • Other Structures: None
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Garage, Driveway Gate, Controlled Entrance, Driveway
  • Total Parking: 4

Utilities

  • Water District: City
  • Cooling: Central, Air Conditioning
  • Heating: Central, Forced Air
  • Security: Smoke Detector, Automatic Gate, Carbon Monoxide Detector(s), Gated
  • Sewer: In Street Paid
  • Water: Meter on Property, Public, District
  • Water Heaters: Yes

Lot Info

  • Additions Alterations: Yes
  • Assessed Improvement Percent: 24.26
  • Assessed Improvement Value: 459372
  • Assessed Land Percent: 75.74
  • Assessed Land Value: 1433986
  • Total Assessed Value: 1893358
  • Assessor Parcel Number: 5513-015-002
  • Lot Description: Fenced Yard, Back Yard, Front Yard, Lawn, Lot-Level/Flat, Lot Shape-Rectangular, Sidewalks
  • Lot Location: City, Flats
  • Lot Size Area: 7156

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Type Of Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Katz Tonnie L
Bought by
Tonnie L Katz Trust and Katz
Current Estimated Value
$3,093,676

Purchase Details

Closed on
Jun 6, 2013
Sold by
Katz Tonnie L
Bought by
Katz Tonnie L and The Tonnie L Katz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2010
Sold by
Katz Tonnie L
Bought by
Katz Tonnie L and The Tonnie L Katz Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2010
Sold by
Efros Mel
Bought by
Katz Tonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2004
Sold by
Efros Melvyn B
Bought by
Efros Mel and Efros Michele I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 22, 2004
Sold by
Efros Melvyn B
Bought by
Efros Mel and Efros Michele I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 2, 2004
Sold by
Efros Melvyn B
Bought by
Efros Mel and Efros Michele I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$669,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Efros Melvyn B
Bought by
Efros Mel and Efros Michele I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 20, 2002
Sold by
Efros Melvin B
Bought by
Efros Mel and Efros Michele I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,000
Interest Rate
5.83%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 23, 2002
Sold by
Efros Mel
Bought by
Efros Melvyn B and Efros Michele I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,000
Interest Rate
5.86%

Purchase Details

Closed on
Aug 4, 2000
Sold by
Efros Melvyn B
Bought by
Efros Mel and Efros Michele I

Purchase Details

Closed on
Dec 14, 1999
Sold by
Methvin Tanner R
Bought by
Efros Melvyn B and Efros Michele I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
7.84%

Purchase Details

Closed on
Dec 20, 1997
Sold by
Methvin Tanner R
Bought by
Methvin Tanner R and Busbee Yolanda

Purchase Details

Closed on
Dec 3, 1995
Sold by
Eliot Finkel
Bought by
Methvin Gaynell C and Methvin Lisa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.37%
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
Tonnie L Katz Trust -- None Listed On Document
Katz Tonnie L -- Stewart Title
Katz Tonnie L -- Stewart Title
Katz Tonnie L -- Accommodation
Katz Tonnie L $1,681,016 Equity Title Los Angeles
Efros Mel -- --
Efros Melvyn B -- Equity Title
Efros Mel -- --
Efros Melvyn B -- Equity Title
Efros Mel -- --
Efros Melvyn B -- United Title Company
Efros Mel -- --
Efros Melvyn B -- Fidelity National Title Co
Efros Melvyn B -- Fidelity National Title Co
Efros Mel -- Equity
Efros Melvyn B -- Equity Title
Efros Mel -- --
Efros Melvyn B $670,000 First American Title Co
Methvin Tanner R -- --
Methvin Gaynell C $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Katz Tonnie L $725,000
Previous Owner Katz Tonnie L $750,000
Previous Owner Efros Melvyn B $200,000
Previous Owner Efros Melvyn B $825,000
Previous Owner Efros Melvyn B $669,000
Previous Owner Efros Melvyn B $179,000
Previous Owner Efros Melvyn B $533,000
Previous Owner Efros Melvyn B $536,000
Previous Owner Methvin Gaynell C $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2022 01/06/22 Sold $2,950,000 0.0% $574 / Sq Ft
12/18/2021 12/18/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $2,950,000 0.0% $574 / Sq Ft
11/13/2021 11/13/21 Off Market $2,950,000 -- --
11/11/2021 11/11/21 For Sale $2,950,000 -- $574 / 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 $37,450 $3,130,563 $2,653,020 $477,543
2024 $37,450 $3,069,180 $2,601,000 $468,180
2023 $36,723 $3,009,000 $2,550,000 $459,000
2022 $23,370 $1,951,231 $1,477,818 $473,413
2021 $23,118 $1,912,973 $1,448,842 $464,131
2020 $23,304 $1,893,358 $1,433,986 $459,372
2019 $22,379 $1,856,234 $1,405,869 $450,365
2018 $22,239 $1,819,838 $1,378,303 $441,535
2016 $21,245 $1,749,174 $1,324,783 $424,391
2015 $20,934 $1,722,901 $1,304,884 $418,017
2014 $21,001 $1,689,153 $1,279,324 $409,829
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 21-103751

The MLS

APN: 5513-015-002