NOT LISTED FOR SALE

Estimated Value: $1,408,000 - $2,269,000

6 Beds
5.5 Baths
3,353 Sq Ft
$573/Sq Ft Est. Value

Last Sold November 06, 2015

Last sale price $1,360,000 $406 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $12,371/month

25 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Guest Parking
  • Spanish Architecture
  • Granite Countertops
  • Zoned Heating and Cooling

About This Home

As of November 2015

Have your tenants pay your mortgage! Beautiful Spanish duplex that is perfect for an owner/user in Miracle Mile. This duplex features a new roof and both units have updated kitchens/baths. The upper light & bright unit is a large 3bedroom + Den/3 bathroom and the lower is a 3bedroom/2.5bath. Living in one unit and renting the other, the annual gross income is ~$42,000/yr. With 20% down and subtracting expenses, you can live here for approximately $3,750/Month. (Based on $3500/mo rent, estimated mortgage payment of $5350/mo, taxes $1450/mo, and expenses $450/mo). This duplex will be delivered vacant, do not disturb it's current tenants.

Last Agent to Sell the Property

Austin Muller

Skylight Real Estate Advisors, Inc. License #01931334 Listed on: 08/07/2015

Co-Listed By

Lee Mintz

Compass License #01355531

Last Buyer's Agent

Cory Holtzman

Exel Properties License #01513699

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,445

Year Built

  • Built in 1925

Lot Details

  • 6,899

Parking

  • 4 Car Garage
  • Driveway
  • Guest Parking

Home Design

  • Spanish Architecture
  • Turnkey

Interior Spaces

  • 3,353 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Flooring

Kitchen

  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Remodeled Bathroom
  • Powder Room
  • 5.5 Bathrooms
  • Granite Bathroom Countertops

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Additional Features

  • 6,899 Sq Ft Lot
  • Zoned Heating and Cooling

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5084-017-032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,445

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Spanish
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 3353
  • Stories: 2
  • Year Built: 1925
  • Number Of Photos: 19
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: High Ceilings (9 Feet+), Turnkey
  • Flooring: Wood
  • Appliances: Cooktop - Gas
  • Bedrooms: 6
  • Bathroom Features: Granite, Powder Room, Remodeled
  • Dining Room: 0
  • Family Room: 0
  • Kitchen Features: Granite Counters, Remodeled
  • Laundry: In Unit
  • Total Bathrooms: 5.50
  • Den: 0
  • Equipment: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 424.99

Exterior Features

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

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Driveway - Concrete, Garage - 4+ Car, Parking for Guests - Onsite
  • Total Parking: 8

Utilities

  • Cooling: Air Conditioning, Multi/Zone
  • Heating: Central
  • Water Expense: 1500.00

Fee Information

  • Insurance Expense: 1800.00
  • Maintenance Expense: 1000.00

Lot Info

  • Assessor Parcel Number: 5084-017-032
  • Geocode Override: No
  • Lot Size Area: 6899

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Residential
  • Vacancy Rate: 0

Tax Info

  • Tax Expense: 17500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2018
Sold by
Ashkenazi David A
Bought by
1102 1104 Cochran Llc
Total Days on Market
25
Current Estimated Value
$1,920,839

Purchase Details

Closed on
Mar 11, 2015
Sold by
Chukerman Neal
Bought by
Ashkenazi David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,088,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2014
Sold by
Chukerman Neal
Bought by
Chukerman Neal and The Neal Chukerman Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 2013
Sold by
Chukerman Neal
Bought by
Chukerman Neal and Neal Chukerman Revocable Trust

Purchase Details

Closed on
Jun 2, 2008
Sold by
Gibbs Dorian
Bought by
Chukerman Neal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$820,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 2005
Sold by
Warnick William
Bought by
Gibbs Dorian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 4, 1996
Sold by
Warnick William
Bought by
Warnick William and Warnick Ann
Source: Public Records

Similar Homes in the area

  • 1958 Glencoe Way, Los Angeles, CA 90068

    $1,649,000

    • 4 Beds
    • 4 Baths
    • 3,513 Sq Ft
    • 1958 Glencoe Way
    • Los Angeles, CA

    Charming Duplex in the Heart of Hollywood Hills – Prime Location! Located just steps away from iconic attractions like the Magic Castle, Yamashiro, Grauman’s Chinese Theater, and the Hollywood Bowl, this stunning two-level duplex offers the ultimate in Hollywood living. With two separate units, each with 2 bedrooms and 2 bathrooms, this property is perfect for both investors and homeowners

    Bill Toth First Class Real Estate

    Section Image
  • 1832 N Alexandria Ave, Los Angeles, CA 90027

    $2,275,000

    • 7 Beds
    • 4 Baths
    • 3,461 Sq Ft
    • 1832 N Alexandria Ave
    • Los Angeles, CA

    This beautifully remodeled four-unit property offers an incredible opportunity for investors and homeowners alike. Whether you choose to live in one unit while renting out the others or lease all four for maximum income potential, this property is a rare find in one of Los Angeles’ most sought-after neighborhoods.The main house showcases a spacious open-concept layout with high ceilings and

    Haik Bokhchalian JohnHart Real Estate

    Section Image
  • 1402 Allesandro St, Los Angeles, CA 90026

    $2,400,000

    • 4 Beds
    • 4 Baths
    • 1,894 Sq Ft
    • 1402 Allesandro St
    • Los Angeles, CA

    Welcome to 1402 Allesandro St, Los Angeles, CA 90026! This stunning property presents a unique opportunity to indulge in the epitome of contemporary living. Fully rehabbed and meticulously crafted, this residence boasts a wealth of upscale features and modern amenities. Upon stepping inside, you'll be greeted by brand-new light oak hardwood flooring that seamlessly flows throughout the space,

    Joshua Glaz The Ave

    Section Image
  • 5633 Rawlings Ave, Woodland Hills, CA 91367

    $1,699,950

    • 5 Beds
    • 4 Baths
    • 2,870 Sq Ft
    • 5633 Rawlings Ave
    • Woodland Hills, CA

    Woodland Hills STUNNER!!! Located in highly sought after neighborhood in the hills of Carlton Terrace. Beautifully remodeled home with ADU and a separate guest house. Ideal for an investor or owner user looking to move into the main house and collect additional income. Main home features 3 bedrooms and 2 updated baths, beautiful open floor plan with vaulted ceilings, living room with gas

    Gary Keshishyan Pinnacle Estate Properties

    Section Image
  • 1122 S Sycamore Ave, Los Angeles, CA 90019

    $1,850,000

    • 4 Beds
    • 4 Baths
    • 3,145 Sq Ft
    • 1122 S Sycamore Ave
    • Los Angeles, CA

    *Seller Financing Available* A rare and exceptional opportunity in one of Los Angeles' most coveted neighborhoods, 1122 S Sycamore Ave is a breathtaking Spanish-style duplex that exudes timeless elegance and unmatched charm. Each unit is a massive 2-bedroom, 1.5-bathroom residence that feels more like a private home, boasting soaring coved ceilings, gleaming original hardwood floors, and

    Shoshana Shamoeil LA Estate Brokerage

    Section Image
  • 5112 Edgewood Place, Los Angeles, CA 90019

    $1,795,000

    • 5 Beds
    • 4 Baths
    • 3,470 Sq Ft
    • 5112 Edgewood Place
    • Los Angeles, CA

    Nestled in the sought-after Miracle Mile neighborhood, adjacent to prestigious Hancock Park, this exquisite Spanish duplex seamlessly combines timeless charm with modern updates. The property features two spacious units, both vacant. The downstairs unit offers approximately 1,700 sq. ft. of living space with 2 bedrooms and 2 bathrooms, while the upstairs unit spans approximately 1,770 sq. ft. and

    Sandy Dunkley Equity Los Angeles

    Section Image
  • 1268 S Citrus Ave, Los Angeles, CA 90019

    $2,269,000

    • 8 Beds
    • 4 Baths
    • 3,336 Sq Ft
    • 1268 S Citrus Ave
    • Los Angeles, CA

    Strategically located south of Olympic Blvd and west of Rimpau Blvd, this fully renovated Spanish-style quadruplex in the heart of Mid-Wilshire presents an unbeatable investment opportunity with a 5% CAP rate and 14.8 GRM, featuring four 2-bedroom, 1-bath units, each thoughtfully upgraded with sleek quartz countertops, high-end stainless steel appliances, stylish flooring, in-unit laundry with

    Mi Soon Kim Hanbada Realty Inc.

    Section Image
  • 1500 S Sycamore Ave, Los Angeles, CA 90019

    $1,550,000

    • 8 Beds
    • 4 Baths
    • 5,054 Sq Ft
    • 1500 S Sycamore Ave
    • Los Angeles, CA

    We are pleased to offer for sale a four-unit apartment community located at 1500 S Sycamore Avenue. The subject property is located south of Pico Boulevard and west of La Brea Avenue. The subject property is located in a desirable pocket of Mid-City. The building is in close proximity to an array of shopping, along with a slew of vibrant restaurants, museums, cafes, bars, theaters, grocery

    Sean Rosenzweig Marcus & Millichap

    Section Image
  • 1118 Hi Point St, Los Angeles, CA 90035

    $1,999,999

    • 6 Beds
    • 4 Baths
    • 3,744 Sq Ft
    • 1118 Hi Point St
    • Los Angeles, CA

    Classic Spanish Duplex in So Carthay Circle located in Carthay Historic District which is priced similar to single family homes in the area with the benefit of having additional income to help pay that monthly mortgage. Both units boasts high arched ceilings with 3 bedrooms - 2 baths each, formal living room, formal dining room and cozy breakfast room overlooking patio area. There is a central

    Irma Vargas Tierra Properties

    Section Image

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
1102 1104 Cochran Llc -- None Available
Ashkenazi David A $1,360,000 Old Republic Title
Chukerman Neal -- None Available
Chukerman Neal -- None Available
Chukerman Neal $1,275,000 First American Title Company
Gibbs Dorian $935,000 California Title Company
Warnick William -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ashkenazi David A $1,088,000
Previous Owner Chukerman Neal $100,000
Previous Owner Chukerman Neal $710,500
Previous Owner Chukerman Neal $820,000
Previous Owner Gibbs Dorian $250,000
Previous Owner Gibbs Dorian $187,000
Previous Owner Gibbs Dorian $748,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2015 11/06/15 Sold $1,360,000 -4.6% $406 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/07/2015 08/07/15 For Sale $1,425,000 -- $425 / 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
2024 $19,445 $1,578,388 $1,026,883 $551,505
2023 $19,073 $1,547,441 $1,006,749 $540,692
2022 $18,192 $1,517,100 $987,009 $530,091
2021 $17,961 $1,487,354 $967,656 $519,698
2020 $18,145 $1,472,104 $957,734 $514,370
2019 $17,426 $1,443,240 $938,955 $504,285
2018 $17,184 $1,414,943 $920,545 $494,398
2016 $16,420 $1,360,000 $884,800 $475,200
2015 $14,300 $1,175,000 $856,800 $318,200
2014 $14,632 $1,175,000 $856,800 $318,200
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: The MLS

MLS Number: 15-930301

The MLS

APN: 5084-017-032