NOT LISTED FOR SALE

Estimated Value: $1,290,000 - $1,550,000

3 Beds
4 Baths
2,459 Sq Ft
$569/Sq Ft Est. Value

Sale Details

Date Sold: March 30, 2018

Last sale price $866,000 $352 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $9,190 / mo

33 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Ceramic Countertops
  • Wood Flooring
  • Double Pane Windows
  • Ceiling Fan

About This Home

As of March 2018

Fantastic opportunity! Investment property in NoHo consisting of SFR plus 3 apartment units at rear with attached 2-car garage. Unit mix consists of a detached 2 BD/1 BA SFR, one (1) 1 BD/1 BA upstairs apartment, and two (2) studio apartments (one upstairs, one down). Pride of ownership and excellent curb appeal including vinyl dual pane windows. Charming SFR with fireplace in living room and den, galley kitchen w/ceramic countertops, hardwood floors and service porch w/washer and dryer. **ALL UNITS ARE TENANT OCCUPIED, NO VACANCIES.**

Last Agent to Sell the Property

Christopher Habitz

Howard Realty Group License #01319877 Listed on: 10/23/2017

Co-Listed By

Steve Marx

Core Real Estate License #01209799

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 6,404 Sq Ft Lot
  • 1 Common Wall
  • Block Wall Fence
  • Chain Link Fence
  • Rectangular Lot
  • Level Lot
  • Front Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Raised Foundation
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,459 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • Den with Fireplace
  • Ceramic Countertops
  • Laundry in unit

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 187
  • Tax Tract Number 10092
  • Assessor Parcel Number 2337020023

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $2,000
  • Maintenance Expense $1,800
  • Other Expense $1,800
  • Water Sewer Expense $1,600
  • New Taxes Expense $9,000
  • Operating Expense $16,800
  • Gross Income $54,156
  • Net Operating Income $35,731

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

6,404 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • CapRate: 4.76
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 1600.00
  • Zoning: LARD2
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 2337020023
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Ceramic Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate, Tile, Vinyl, Wood
  • Fireplace Features: Den, Living Room
  • Price Per Square Foot: 352.18
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Floor Furnace, Wall Furnace, Natural Gas, Fireplace(s)
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level with Street, Rectangular Lot
  • Lot Size Sq Ft: 6404.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average1 Bed Area: 550 Square Feet
  • Average2 Bed Area: 1150 Square Feet
  • Average Studio Area: 375 Square Feet
  • Gross Income: 54156.00
  • Gross Multiplier: 13.85
  • Gross Operating Income: 52531.00
  • Gross Scheduled Income: 54156.00
  • Insurance Expense: 2000.00
  • Maintenance Expense: 1800.00
  • Net Operating Income: 35731.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 16800.00
  • Operating Expense Percent: 32.00
  • Other Expense: 1800.00
  • Other Expense Description: Reserves
  • Rent Control: Yes
  • Total Actual Rent: 4513.00
  • Total Expenses: 16800.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 9000.00
  • Tax Census Tract: 1242.03
  • Tax Lot: 187
  • Tax Tract Number: 10092

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2025
Sold by
Sarkisyan Karapet
Bought by
Current Estimated Value
$1,378,000

Purchase Details

Closed on
Oct 24, 2024
Sold by
Martirosyan Vova
Bought by
Sarkisyan Karapet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,274,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 4, 2017
Sold by
Watenmaker Mary Jane and Arsena Janet
Bought by
Martirosyan Vova

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2011
Sold by
Arsena Carolina and Arsena Caroline
Bought by
Watenmaker Mary Jane

Purchase Details

Closed on
Oct 31, 1995
Sold by
Great Western Bank Fsb
Bought by
Yorad Management & Investment Corp
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title Company
Sarkisyan Karapet $1,600,000 Chicago Title Company
Martirosyan Vova $866,000 Equity Title
Watenmaker Mary Jane -- None Available
Yorad Management & Investment Corp -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,274,000
Previous Owner Martirosyan Vova $275,000
Previous Owner Martirosyan Vova $822,000
Previous Owner Martirosyan Vova $603,000
Previous Owner Martirosyan Vova $205,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $866,000 0.0% $352 / Sq Ft
11/25/2017 11/25/17 Pending -- -- --
11/06/2017 11/06/17 Off Market $866,000 -- --
10/23/2017 10/23/17 For Sale $750,000 -- $305 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $19,487 $1,636,000 $1,086,000 $550,000
2025 $19,487 $1,600,000 $1,000,000 $600,000
2024 $12,022 $966,037 $669,310 $296,727
2023 $11,792 $947,096 $656,187 $290,909
2022 $11,248 $928,526 $643,321 $285,205
2021 $11,106 $910,320 $630,707 $279,613
2020 $11,266 $901,546 $624,240 $277,306
2019 $10,776 $883,880 $612,000 $271,880
2018 $1,131 $75,281 $30,145 $45,136
2016 $1,053 $71,821 $28,975 $42,846
2015 $1,040 $70,743 $28,540 $42,203
2014 $1,071 $69,358 $27,981 $41,377
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17242219

California Regional Multiple Listing Service (CRMLS)

APN: 2337-020-023

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