NOT LISTED FOR SALE

Estimated Value: $2,271,000 - $3,311,000

6 Beds
4 Baths
4,542 Sq Ft
$595/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $1,800,000 $396 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $16,427/month

10 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • 4 Car Garage
  • Third Street Elementary School Rated A
  • Mediterranean Architecture
  • Built-In Features

About This Home

As of May 2014

Gorgeous Mediterranean duplex perfect for the owner-user who seeks old world character and today's lifestyle, in a super location. Owner's unit was updated in 2011 with replacement of hardwood floors, period style baths & beautiful modern kitchen w/ breakfast nook, granite countertops & stainless steel appliances. Separate laundry rm has newer washer/dryer. This unit is also wired throughout for internet, phone & TV. While the tenant's unit has not received the makeover of the downstairs flat, it is filled with charm, has lovely wedding cake trim and a sun-filled extra room over the porte cochere. Each unit has an inviting outdoor area in the private back garden. Important items replaced building-wide: copper plumbing, hot water heaters, exterior drains, gas forced air heat, 100 amp sub panels, elec gate & garage opener & bolting. Lower unit also received a complete rewire & central ac. Lower unit delivered vacant. Upper unit tenant-occupied. Buyer to do own rent control research.

Last Agent to Sell the Property

Jan Hohenstein

Keller Williams Larchmont License #01254052 Listed on: 04/23/2014

Keller Williams Larchmont

Last Buyer's Agent

Jack Brown

Rodeo Realty License #01079890

Rodeo Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,460

Year Built

  • Built in 1925

Lot Details

  • 7,157 Sq Ft Lot
  • Sprinkler System

Parking

  • 4 Car Garage

Home Design

  • Mediterranean Architecture

Interior Spaces

  • 4,542 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Living Room with Fireplace
  • Partial Basement

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 5513-016-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,460

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Mediterranean
  • Street Number Display: Yes
  • Living Area: 4542
  • Stories: 2
  • Year Built: 1925
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Basement - Partial
  • Fireplace Rooms: Living Room
  • Flooring: Carpet, Hardwood
  • Bedrooms: 6
  • Laundry: Inside, Room
  • Laundry Equipment: Own
  • Total Bathrooms: 4.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Garbage Disposal, Gas Or Electric Dryer Hookup, Hood Fan, Ice Maker, Microwave, Network Wire, Range/Oven, Refrigerator, Washer, Water Line to Refrigerator
  • Price Per S Q F T: 393.88

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Garage - 4+ Car, Garage Is Detached
  • Total Parking: 6

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street

Lot Info

  • Sprinklers: Sprinkler System
  • Assessor Parcel Number: 5513-016-003
  • Geocode Override: No
  • Lot Size Area: 7157

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Rent Control: 100
  • Type Of Units: flats

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2016
Sold by
Sheng Francis Charles
Bought by
Sheng Francis C L and Francis C L Sheng Living Trust
Current Estimated Value
$2,703,784

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 14, 2014
Sold by
Jensen Todd L
Bought by
Sheng Francis Charles
Seller's Agent
Jan Hohenstein
Keller Williams Larchmont
Buyer's Agent
Jack Brown
Rodeo Realty
List Price
$1,789,000
Sold Price
$1,800,000
Premium/Discount to List
$11,000
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
May 4, 2011
Sold by
Riha Properties Llc
Bought by
Jensen Todd L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,250
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 3, 2006
Sold by
Riha Frank J and Riha James Miro
Bought by
Riha Properties Llc

Purchase Details

Closed on
Jun 4, 2002
Sold by
Riha Evelyn
Bought by
Riha Frank J

Purchase Details

Closed on
Jun 6, 1995
Sold by
Riha Evelyn
Bought by
Riha Evelyn and Trust B
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
Sheng Francis C L -- None Available
Sheng Francis Charles $1,800,000 Title 365
Jensen Todd L $1,235,000 Lawyers Title
Riha Properties Llc -- Accommodation
Riha Frank J -- --
Riha Evelyn -- --
Riha Evelyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jensen Todd L $926,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $1,800,000 +0.6% $396 / Sq Ft
05/03/2014 05/03/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $1,789,000 -- $394 / 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 $26,460 $2,206,544 $1,225,859 $980,685
2024 $26,460 $2,163,279 $1,201,823 $961,456
2023 $25,949 $2,120,862 $1,178,258 $942,604
2022 $24,744 $2,079,277 $1,155,155 $924,122
2021 $24,428 $2,038,507 $1,132,505 $906,002
2019 $23,694 $1,978,046 $1,098,915 $879,131
2018 $23,555 $1,939,262 $1,077,368 $861,894
2016 $22,508 $1,863,961 $1,035,534 $828,427
2015 $22,177 $1,835,964 $1,019,980 $815,984
2014 $16,124 $1,290,727 $872,678 $418,049
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-754481

The MLS

APN: 5513-016-003