NOT LISTED FOR SALE

Estimated Value: $2,393,000 - $2,839,000

6 Beds
4 Baths
3,848 Sq Ft
$690/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $2,355,000 $612 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $16,633/month

13 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Bathtub with Shower
  • Fairburn Avenue Elementary Rated A
  • Balcony
  • Tile Countertops

About This Home

As of September 2020

Charming four unit building located in prime Westwood location. There are two 2bd/1ba and two 1bd/1ba units. They have hardwood floors, dining rooms & crown moldings. The two bd units have service porches both with washers and dryers. The upstairs units share a balcony. Theres a four car (two double) garage with openers. Most of the windows have been replaced and are dual pane. Currently one unit is vacant and the two upstairs units are owner occupied. Two units can be delivered vacant at COE. Seller needs to lease back one of the units they currently occupy. Please note Gross Income, GRM and NOI are based on rent projections for three of the four units. Detail information shown is for the downstairs two bedroom one bath unit. Separate meters for gas and electricity.Please do not disturb occupants or walk the property. Thanks. All interior photos are for downstairs 2bd/1ba unit.

Last Agent to Sell the Property

Michael Cockinos

Coldwell Banker Realty License #01267199 Listed on: 07/22/2020

Coldwell Banker Realty

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,525

Year Built

  • Built in 1948

Lot Details

  • 6,666 Sq Ft Lot
  • West Facing Home
  • Rectangular Lot
  • Front Yard Sprinklers

Parking

  • 4 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Raised Foundation
  • Shingle Roof
  • Composition Roof
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 3,848 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Basement

Kitchen

  • Oven or Range
  • Range
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Gravity Heating System
  • Property is located within a water district
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for gas, electricity
  • The owner pays for gardener, water
  • Assessor Parcel Number 4325-014-010

Community Details

Overview

  • 2 Buildings
  • 4 Units

Additional Features

  • Service Entrance
  • Rent Control

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,525

Year Built

Built in 1948

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Alley: No
  • Entry Floor: 1
  • Entry Location: Ground Level w/steps
  • Living Area: 3848
  • Lot Acreage: 0.1530
  • Probate: No
  • Property Condition: No Additions/Alter
  • Year Built: 1948
  • Number Of Photos: 17
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Appliances: Range
  • Bedrooms: 6
  • Common Walls: Attached
  • Bathroom Features: Shower and Tub
  • Dining Room: 1
  • Family Room: 0
  • Kitchen Features: Tile Counters
  • Laundry: Room
  • Total Bathrooms: 4.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Garbage Disposal, Dryer, Washer
  • Price Per S Q F T: 558.47

Exterior Features

  • Direction Faces: West
  • Construction: Stucco
  • Other Features: Partial Copper Plumbing, Service Entrance, Balcony, Rain Gutters, Sprinkler System
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Raised
  • Patio: Balcony
  • Pool: No
  • Roof: Composition, Shingle
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Garage Structures: 1
  • Parking Garage: Garage, Door Opener
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV, Tv Satellite Dish
  • Water Heater: Gas
  • Cooling: Window Unit(s)
  • Heating: Gravity
  • Sewer: In Connected and Paid
  • Water: District
  • Water Heaters: Yes

Schools

  • School District: Los Angeles Unified

Lot Info

  • Sprinklers: Front
  • Assessed Improvement Percent: 17.09
  • Assessed Improvement Value: 122383
  • Assessed Land Percent: 82.91
  • Assessed Land Value: 593546
  • Total Assessed Value: 715929
  • Assessor Parcel Number: 4325-014-010
  • Lot Description: Lot Shape-Rectangular
  • Lot Size Area: 6666

Rental Info

  • Total Actual Rent: 114528.00
  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Gas, Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 18.76
  • Number Of Units: 4
  • Total Annual Expense: 11652
  • Type Of Units: Apartments
  • Vacancy Rate: 0

MLS Schools

  • School District: Los Angeles Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Aug 27, 2020
Sold by
Grami Maryann
Bought by
Azizi David T and Azizi Afsaneh
Seller's Agent
Michael Cockinos
Coldwell Banker Realty
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$2,149,000
Sold Price
$2,355,000
Premium/Discount to List
$206,000
9.59%
Current Estimated Value
$2,654,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,881
Avg. Annual Appreciation
2.39%
Original Mortgage
$1,413,000
Outstanding Balance
$1,253,944
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,400,937

Purchase Details

Closed on
Jan 25, 2012
Sold by
Newman Homer B and Kathleen Grami Trust
Bought by
Grami Maryann

Purchase Details

Closed on
May 9, 1994
Sold by
Kelly Marion Hinton
Bought by
Kelly Marion Hinton
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
Azizi David T $2,355,000 Lawyers Title
Grami Maryann -- None Available
Grami Maryann -- None Available
Kelly Marion Hinton -- --
Grami Kathleen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azizi David T $1,413,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Sold $2,355,000 +9.6% $612 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $2,149,000 -- $558 / 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 $30,525 $2,549,124 $1,784,388 $764,736
2024 $30,525 $2,499,142 $1,749,400 $749,742
2023 $29,933 $2,450,141 $1,715,099 $735,042
2022 $28,542 $2,402,100 $1,681,470 $720,630
2021 $28,271 $2,355,000 $1,648,500 $706,500
2020 $9,624 $759,746 $629,874 $129,872
2019 $9,255 $744,850 $617,524 $127,326
2018 $9,099 $730,246 $605,416 $124,830
2016 $8,673 $701,892 $581,908 $119,984
2015 $8,549 $691,350 $573,168 $118,182
2014 $8,599 $677,808 $561,941 $115,867
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: The MLS

MLS Number: 20-606236

The MLS

APN: 4325-014-010