NOT LISTED FOR SALE

Estimated Value: $2,076,000 - $2,810,394

6 Beds
4 Baths
3,969 Sq Ft
$587/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $2,071,000 $522 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $15,023/month

12 Days on Market

Highlights

  • Living Room with Fireplace
  • Spanish Architecture
  • Den
  • Wood Flooring
  • High Ceiling
  • Breakfast Area or Nook

About This Home

As of November 2021

BEAUTIFUL SPANISH DUPLEX IN HIGHLY COVETED WILSHIRE VISTA! Property offers nearly 4000 sq. ft. Interior space. Each unit is a roughly 2000 square feet and provides 3 bedrooms and 2 bathrooms -- tons of space to stretch out and hang with family or disappear into one of the other big rooms. Tons of original Spanish charm... arched doorways and high beamed ceilings. Rooms include a large family/living room, formal dining room and breakfast nook. UPSTAIRS unit will be DELIVERED VACANT with brand new central AC installed. Light and bright. Plus has a bonus room. This unit is perfect for an owner user or investor. Downstairs is tenant occuppied and in good original condition. It features it's own front courtyard porch. Chill area in back. Both units have 2 car garages and no visible power lines, so could be a great candidate for adding an ADU. Super central and close to the Beverly Grove, Beverly Hills, Culver City, Hollywood and great restaurants and shopping. (Agents see private remarks and 8 page e-brochure)

Last Agent to Sell the Property

Bryan Marks

Compass License #01957066 Listed on: 09/10/2021

Compass

Co-Listed By

Rachel Hsieh

Keller Williams Realty Los Feliz License #01913428

Last Buyer's Agent

Mehrivar Maknouni

Pellego, Inc. License #01837090

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,454

Year Built

  • Built in 1934

Lot Details

  • 7,700 Sq Ft Lot
  • Historic Home

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Spanish Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,969 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • High Ceiling
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Gas and Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Balcony
  • Front Porch

Utilities

  • Central Heating
  • Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for water
  • Assessor Parcel Number 5086-013-025

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,454

Year Built

Built in 1934

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Street Number Display: Yes
  • Living Area: 3969
  • Lot Acreage: 0.1768
  • Stories: 2
  • Year Built: 1934
  • Number Of Photos: 32
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Beamed Ceiling(s)
  • Number Dishwasher: 2
  • Number Disposal: 2
  • Number Range: 2
  • Number Refrigerator: 2
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Appliances: Gas/Electric Range
  • Bedrooms: 6
  • Common Walls: Attached
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Remodeled
  • Laundry: Laundry Area
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Washer, Refrigerator
  • Price Per S Q F T: 491.06

Exterior Features

  • Construction: Stucco
  • Other Features: Balcony, High Ceilings (9 Feet+), Historical
  • Other Structures: None
  • Tennis Court Y/N: No
  • Number Patio: 1
  • Patio: Balcony, Porch - Front, Tile
  • Pool: No
  • Roof: Composition, Tile
  • Spa Yn: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Garage: Garage - 4+ Car, Garage Is Detached

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning
  • Heating: Central
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 2
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 25.33
  • Assessed Improvement Value: 298307
  • Assessed Land Percent: 74.67
  • Assessed Land Value: 879150
  • Total Assessed Value: 1177457
  • Assessor Parcel Number: 5086-013-025
  • Lot Size Area: 7700

Rental Info

  • Number Leased: 1
  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 20.60
  • Number Of Units: 2
  • Number Wall A C: 1
  • Rent Control: 100
  • Total Annual Expense: 23391
  • Type Of Units: duplex
  • Vacancy Rate: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 26, 2021
Sold by
Fost Sfr Inv Llc
Bought by
Yermian Nader and Maiani Lia M
Seller's Agent
Bryan Marks
Compass
Buyer's Agent
Mehrivar Maknouni
Pellego, Inc.
List Price
$1,949,000
Sold Price
$2,071,000
Premium/Discount to List
$122,000
6.26%
Current Estimated Value
$2,341,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,182
Avg. Annual Appreciation
3.18%
Original Mortgage
$1,553,250
Outstanding Balance
$1,424,127
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$905,972

Purchase Details

Closed on
May 6, 2014
Sold by
The Run Group Llc
Bought by
Post Sfr Inv Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2014
Sold by
Green Luther D
Bought by
The Run Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,500
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2009
Sold by
Green Luther D
Bought by
Green Luther D and The Luther Green 2008 Trust

Purchase Details

Closed on
Sep 1, 1993
Sold by
Green Luther
Bought by
Green Luther Donald
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
Yermian Nader $2,071,000 Fidelity National Title Co
Post Sfr Inv Llc $352,000 None Available
The Run Group Llc $950,000 Equity Title
Green Luther D -- None Available
Green Luther D -- None Available
Green Luther Donald -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yermian Nader $1,553,250
Previous Owner Post Sfr Inv Llc $696,000
Previous Owner The Run Group Llc $787,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $2,071,000 +6.3% $522 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $1,949,000 -- $491 / 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 $26,454 $2,197,761 $2,016,295 $181,466
2024 $26,454 $2,154,668 $1,976,760 $177,908
2023 $25,944 $2,112,420 $1,938,000 $174,420
2022 $24,742 $2,071,000 $1,900,000 $171,000
2021 $14,552 $1,189,654 $888,257 $301,397
2019 $14,122 $1,154,730 $861,912 $292,818
2018 $13,933 $1,132,096 $845,012 $287,084
2016 $13,302 $1,087,791 $812,200 $275,591
2015 $13,109 $1,071,452 $800,000 $271,452
2014 -- $100,757 $57,181 $43,576
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-778386

The MLS

APN: 5086-013-025