NOT LISTED FOR SALE

Estimated Value: $1,779,000 - $2,199,643

6 Beds
5.5 Baths
3,353 Sq Ft
$589/Sq Ft Est. Value

Last Sold November 06, 2015

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

Est. 45% increase in value since last sale

Current estimated payment $12,387/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
Current Estimated Value
$1,975,911

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

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
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
2025 $19,445 $1,609,955 $1,047,420 $562,535
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

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Map

Source: The MLS

MLS Number: 15-930301

The MLS

APN: 5084-017-032