NOT LISTED FOR SALE

Estimated Value: $2,174,000 - $2,941,054

6 Beds
4 Baths
3,986 Sq Ft
$621/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,825,000 $458 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $15,457/month

4 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • High Ceiling
  • Wood Flooring
  • Bonus Room
  • Granite Countertops

About This Home

As of January 2021

Beautiful Spanish Duplex located on one of the finest "duplex blocks" in coveted South Carthay's HPOZ. Almost 4,000 sq. ft., this rare offering is coming to market for the 1st time in over 60 yrs. Each unit boasts of 3 beds/2 baths, refinished hard rock oak floors, intricate ceiling details, large living rooms w/fireplaces (rock fireplace-lower), office/bonus room over porte cochere w/balcony, formal dining, renovated kitchens (2007) w/eat-in area, spacious bedrooms, art deco baths. Many improvements including: Central A/C & Heat, total window replacement in duplex, main sewer line replaced, roof resealed in 2020, elect panels upgraded, new automatic garage drs, etc. Upper unit delivered VACANT, tenants (family) in lower - Rear yard & 2 garages, grassy yard. Oil & Mineral rights included in sale! Fab opportunity & priced for today's market - ideal for first time owner/occupier or investor - Ideal location steps to Beverly Hills, La Cienega Park, houses of worship, The Grove.

Last Agent to Sell the Property

Stacey Babbitt

Coldwell Banker Realty License #01035847 Listed on: 01/15/2021

Coldwell Banker Realty

Last Buyer's Agent

Stacey Babbitt

Coldwell Banker Realty License #01035847 Listed on: 01/15/2021

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,741

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 6,753 Sq Ft Lot
  • West Facing Home
  • Sprinkler System
  • Historic Home

Parking

  • 4 Car Garage
  • 2 Open Parking Spaces
  • Driveway

Home Design

  • Duplex
  • Spanish Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,986 Sq Ft Home
  • 2-Story Property
  • Tray Ceiling
  • High Ceiling
  • Double Pane Windows
  • Living Room with Fireplace
  • Bonus Room
  • Wood Flooring
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity, cable TV
  • The owner pays for gardener, water
  • Assessor Parcel Number 5087-006-016

Community Details

Overview

  • 2 Buildings
  • 2 Units

Additional Features

  • Service Entrance
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,741

Year Built

Built in 1935 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Alley: No
  • Entry Location: Foyer
  • Living Area: 3986
  • Lot Acreage: 0.1550
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1935
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Trey Ceiling(s), Sunken Living Room, High Ceilings (9 Feet+)
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 6
  • Bathroom Features: Shower and Tub
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters
  • Laundry: Room
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Gas Dryer Hookup, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 451.33
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+), Historical, Sprinkler System, Service Entrance
  • Other Structures: None
  • Roof: Composition
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 4
  • Other Spaces: 2
  • Parking Garage: Driveway, Garage - 4+ Car, Garage Is Detached
  • Total Parking: 2

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Central
  • Heating: Central
  • Security: Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer: In Connected and Paid
  • Water: Public
  • Water Heaters: Yes

Lot Info

  • Sprinklers: Sprinkler System
  • Assessed Improvement Percent: 65.63
  • Assessed Improvement Value: 79832
  • Assessed Land Percent: 34.37
  • Assessed Land Value: 41801
  • Total Assessed Value: 121633
  • Assessor Parcel Number: 5087-006-016
  • Lot Size Area: 6753

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 50
  • Total Annual Expense: 0
  • Type Of Units: Duplex
  • Vacancy Rate: 50%

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Jan 20, 2021
Sold by
Mccullough Penny
Bought by
4555 North Figueroa Apt Llc
Seller's Agent
Stacey Babbitt
Coldwell Banker Realty
Buyer's Agent
Stacey Babbitt
Coldwell Banker Realty
List Price
$1,799,000
Sold Price
$1,825,000
Premium/Discount to List
$26,000
1.45%
Current Estimated Value
$2,473,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$648,764
Avg. Annual Appreciation
7.37%

Purchase Details

Closed on
Sep 6, 2018
Sold by
Mccullough Penny
Bought by
Mccullough Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 14, 2014
Sold by
Lubin Bernice
Bought by
Lubin Bernice and Kaufman Lubin Revocable Living Trust

Purchase Details

Closed on
Jul 11, 2012
Sold by
Lubin Bernice and Kaufman Lubin Revocable Living
Bought by
Mccullough Penny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Mccullough Penny
Bought by
Lubin Bernice and Kaufman Lubin Revocable Living Trust

Purchase Details

Closed on
Sep 18, 2009
Sold by
Lubin Bernice
Bought by
Lubin Bernice and Kaufman Lubin Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Lubin Bernice and Kaufman Lubin Revocable Living
Bought by
Lubin Bernice and Kaufman Lubin Revocable Living Trust

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
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 19, 2008
Sold by
Lubin Bernice and Bernice Lubin Family Trust
Bought by
Lubin Bernice and Kaufman Lubin Revocable Living Trust
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
4555 North Figueroa Apt Llc $1,825,000 Equity Title Company
Mccullough Penny -- None Available
Lubin Bernice -- None Available
Mccullough Penny -- Fidelity National Title
Lubin Bernice -- Accommodation
Lubin Bernice -- First American Title Company
Lubin Bernice -- First American Title Company
Lubin Bernice -- None Available
Lubin Bernice -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mccullough Penny $90,000
Previous Owner Kaufman Lubin Bernice $56,300
Previous Owner Mccullough Penny $215,000
Previous Owner Lubin Bernice $210,000
Previous Owner Lubin Bernice $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $1,825,000 +1.4% $458 / Sq Ft
01/19/2021 01/19/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $1,799,000 -- $451 / 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 $23,741 $1,975,438 $1,569,526 $405,912
2024 $23,741 $1,936,704 $1,538,751 $397,953
2023 $23,284 $1,898,730 $1,508,580 $390,150
2022 $22,203 $1,861,500 $1,479,000 $382,500
2021 $1,924 $130,411 $44,817 $85,594
2020 $1,934 $129,875 $44,358 $85,517
2019 $1,873 $127,345 $43,489 $83,856
2018 $1,789 $124,865 $42,637 $82,228
2017 $1,757 $121,633 $41,801 $79,832
2016 $1,667 $119,249 $40,982 $78,267
2015 $1,646 $117,459 $40,367 $77,092
2014 $1,666 $115,159 $39,577 $75,582
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-680664

The MLS

APN: 5087-006-016